Research on the Importance of Time Cost to Enterprises

DOI

10.2991/etmhs-16.2016.138How to use a DOI?

Keywords

Time cost; customer satisfaction; cash flow rate.

Abstract

Cost problem has always been the focus of the enterprises. In order to make the enterprise obtain a long-term development, the enterprise must reduce the cost, however, the current accounting measurement is easy to make people ignore the importance of time. In this paper, we firstly introduce the meaning of time cost and related literature research, and then represent the cost which hidden in the current accounting data, next put forward the idea that we should notice the time cost, improve the customer satisfaction and shorten the process time, increase the turnover of funds, and eventually realize the sustainable development of enterprises.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Xiaobing Pei
AU  - Xing Li
PY  - 2016/01
DA  - 2016/01
TI  - Research on the Importance of Time Cost to Enterprises
BT  - Proceedings of the 2016 2nd International Conference on Education Technology, Management and Humanities Science
PB  - Atlantis Press
SP  - 619
EP  - 622
SN  - 2352-5398
UR  - https://doi.org/10.2991/etmhs-16.2016.138
DO  - 10.2991/etmhs-16.2016.138
ID  - Pei2016/01
ER  -