Erbaş, Ali
September 2008
Ekev Academic Review;Fall2008, Vol. 12 Issue 37, p463
Academic Journal
In an intensive competitive market a firm by itself can't increase its product prices. For this reason, under intensified market conditions, touristic hotel businesses are compelled to establish control over expenses and costs in order to increase their productivity and profitability. Hence, effective and efficient cost control needs a business to form and continuously update a proper cost control system by which it can analyze its expenses and costs in an effective and efficient way. To enhance such goals, this study focuses on expense and cost analysis of touristic hotel establishments by a systematic approach and provides some valuable suggestions for improvements.


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