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I didnt understand the second part of your lecture of why its difficult to reduce costs in service industries due to those factors
Intangibility
Simultaneity
Variabiliy
Perishibility
No transfer of ownershipCan u please clear the reasons why its difficult to reduce cost due to those factors which i just mentioned above??
I just noticed you removed old lectures, please don’t do that…… I was studying from them, Its too early to remove those lectures. Is there any way we can get those lectures???
Study from the new lectures – they use the same lecture notes and work through the same examples.
With target costing for service industries, the problem is not that it is difficult to reduce costs, but that it is difficult to determine the costs. The new lecture explains the terms intangibility etc..
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