Control Costs

Control costs refer to the expenses associated with managing and regulating operations within an organization. This includes budgeting, monitoring expenditures, and implementing strategies to maintain financial discipline. By effectively controlling costs, organizations can enhance their efficiency, minimize waste, and maximize profitability. It involves analyzing spending patterns, setting limits, and ensuring resources are used optimally, without compromising quality or service. Ultimately, control costs help organizations achieve their financial goals while maintaining stability and growth.