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cost-cutting

 

Definitions from WordNet

Noun cost-cutting has 1 sense
  1. cost cutting - the act of cutting costs
    --1 is a kind of cut

Definitions from the Web

Cost Cutting

Definition:

Cost cutting refers to the practice of reducing expenses or expenses in order to achieve greater financial efficiency. It is a deliberate effort to decrease costs without compromising the quality or productivity of a product or service.

Senses and Usages:

  1. Noun - Strategy: Cost cutting as a noun refers to the strategy or action of reducing costs in a business or organization. It involves identifying areas where expenses can be minimized while maintaining effectiveness.
  2. Noun - Result: Cost cutting as a noun also represents the outcome or result of implementing cost-saving measures. It signifies the reduction in overall expenses and improved financial performance.
  3. Adjective - Related to Cost Cutting: Cost cutting can be used as an adjective to describe activities, measures, or initiatives that focus on reducing expenses. It characterizes the action as being cost-effective or budget-conscious.

Sample Sentences:

  1. The company implemented cost cutting measures to improve its profit margins.
  2. Cost cutting is essential for small businesses to maintain a competitive edge in the market.
  3. The cost-cutting strategy resulted in substantial savings for the organization.
  4. Management initiated a cost-cutting campaign to streamline operations and reduce unnecessary expenditures.
  5. The cost-cutting initiatives enabled the company to invest more in research and development.

Related Products:

To explore various books, tools, and resources related to cost cutting, you can search on Amazon.

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