🇨🇳Chinese Source WordCode: ZH

成本管理

Pronunciation / Transliteration: Chéngběn guǎnlǐ

🇬🇧 Direct English Meaning:
Cost-Management/kɔːst ˈmænɪdʒmənt/
nounCEFR B2 (Upper)Top #1500 frequency
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🇨🇳 Example Sentence in Chinese:

"有效的成本管理可以提高公司的盈利能力。"

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    The process of planning and controlling the budget of a business or project.

    "Effective cost-management strategies can significantly enhance a company's profitability."
  2. 2

    A set of practices aimed at minimizing costs while maximizing value.

    "The organization implemented new cost-management techniques to reduce waste and improve efficiency."

Thesaurus & Semantic Spectrum

Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'cost-management' is derived from the combination of 'cost', originating from the Latin 'costa' meaning 'rib' or 'side', which evolved to refer to expenses, and 'management', from the Italian 'maneggiare', meaning 'to handle'. The term has evolved in the context of business and finance since the late 20th century to denote the process of planning and controlling the budget of a business.

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