Notice of RetractionBusiness after the financial crisis should be of strategic cost control method

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

In the post-crisis era, the modern enterprises should pay more attention to the role of cost control and management than ever before. But the traditional cost control and management, that is, whether the enterprise is based on cost, one-sided lower costs, emphasized that the procurement, production, R & D localization, reducing the costs associated with production; rigorous examination of the expenditure, compression fixed costs; take full advantage of global resources, reduce unnecessary duplication of expenditure; require employees to develop a saving habit and so, has been unable to bring more business interests in this environment. A reasonable analysis of enterprise strategic cost management and cost control strategy for enterprise it is very important. The methods of strategic cost management include value chain analysis, SWOT analysis, benchmarking analysis. Therefore, if the companies can better control the three application of strategic cost management, will further enhance our company´s ability to fight financial crisis and improve the competitiveness of enterprises.