A Study on Impact of Cost Reduction and its Effectiveness with Reference to Hal

Abstract

Cost reduction refers to the procedure of looking for, finding and eliminating unwarranted expenses from a business to increase profits without having negative impact on product quality is called cost reduction. This Research is intended to explain review of literature for the study; it explains the need of the study. It ascertains the statement of the problem with appropriate justifications. The collected data were classified, processed, tabulated and analyzed with statistical tools like percentages and averages wherever necessary for better understanding and interpret the result to arrive at findings. Ultimately conclusions will be drawn. Therefore, the study assumed descriptive. It explains the objectives of the study, scope of the study, research methodology used to arrive at the solution of the problem, sources of data and it also explains the limitations of the study. Finally it ascertains the reference period and chapter scheme.