Proceedings of the 2016 2nd International Conference on Education Technology, Management and Humanities Science

Research on the Importance of Time Cost to Enterprises

Authors
Xiaobing Pei, Xing Li
Corresponding Author
Xiaobing Pei
Available Online January 2016.
DOI
https://doi.org/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.
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Proceedings
2016 2nd International Conference on Education Technology, Management and Humanities Science
Part of series
Advances in Social Science, Education and Humanities Research
Publication Date
January 2016
ISBN
978-94-6252-160-5
ISSN
2352-5398
DOI
https://doi.org/10.2991/etmhs-16.2016.138How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

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  - 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  - https://doi.org/10.2991/etmhs-16.2016.138
ID  - Pei2016/01
ER  -