Environmentally friendly product by joint effort of target costing and value engineering

Abstract

The research aims to demonstrate the role played by the Adoption of the green target cost in contributing to the provision of an environmentally friendly product at a cost that matches the expectations of customers. The research has reached A set of conclutions, the most important of which is the inadequacy of the traditional cost systems applied in the current business environment in that they are no longer able to provide the administration with information that helps in making decisions, especially those decisions related to the environmental aspect in light of the global trend of attention to it, which led to the emergence of modern technologies. In the field of cost management is able to keep pace with this trend. As for the most important recommendations, they were represented in the necessity of directing modern cost-effective techniques to serve the environment due to the global trend of paying attention to the environment due to environmental pollution and the decline of natural resources, especially the scarce ones.