September 10, 2025International Journal of Research and Innovation in Applied Science

An Empirical Study on Cost Management Practices in MSMEs and Their Impact on Financial Performance

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PTProf. Vanishree Talikoti

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Implication

Empirical study reveals strong correlation between cost management and financial outcomes in MSMEs, indicating cost efficiency's role in sustainability.

Key Points

Proactive cost control mechanisms significantly improve financial outcomes like profitability and cash flow stability.
The study shows a clear correlation between effective cost management and increased operational efficiency in MSMEs.
Data analysis from 100 MSMEs revealed essential insights into cost management practices influencing financial performance.
Understanding cost management can help MSMEs develop sustainable practices to thrive in competitive markets.

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Prof. Vanishree Talikoti (2025) studied this question.

synapsesocial.com/papers/68c23f1fb210217d64795a14 https://doi.org/10.51584/ijrias.2025.100700026

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Implication

Empirical study reveals strong correlation between cost management and financial outcomes in MSMEs, indicating cost efficiency's role in sustainability.

An Empirical Study on Cost Management Practices in MSMEs and Their Impact on Financial Performance

Discussion

Member takes

Implication

Key Points

Cite This Study

An Empirical Study on Cost Management Practices in MSMEs and Their Impact on Financial Performance

Discussion

Member takes

Implication

Key Points

Cite This Study

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