This second edition of SCA explains in simple language the methods and techniques of cost analysis that can be applied strategically at any level in an organization. The busy manager will find that understanding cost information will help them plan and control the activities for which they are responsible and also to make strategic decisions in the most effective way. Numerous references are provided detailing how companies are using cost information. No prior knowledge of accounting or statistics is required. The book defines all key terms and emphasizes the essential knowledge for analyzing cost in a strategic context.