%0 Journal Article %T Strategic Aspects of Cost Management %A Angelika I. Petrova %A Alexey I. Zarudnev %J European Researcher %D 2013 %I European Researcher %X This report is a summary of a research done on the area of Strategic Cost Management (SCM). This report includes a detailed discussion and application of Life Cycle Costing (LCC) which a company can use to achieve its strategic objects in today's dynamic business environment. Hence, the main focus of this report is on LCC as mentioned %K Strategic Cost Management (SCM) %K Life Cycle Costing (LCC) %K agreed definition %K "cradle-to-grave costing" %K competitive advantage %K three dimensional way %K internal and external linkage %K rapid changes %K introduction to growth %K maturity %K and decline %U http://www.erjournal.ru/pdf.html?n=1367686461.pdf