Cost management for services:

A) is confined to internal demand analysis and consumption management.
B) is confined to supplier cost structure analysis.
C) includes demand management and supplier cost structure analysis.
D) focuses primarily on better design of the service.
E) is only possible when the service is highly tangible.

Cost Management

The process of planning and controlling the budget of a business or project, focusing on reducing expenses to improve profitability.

Internal Demand Analysis

The process of assessing the demand for a company's products or services within the company itself, often for budgeting or planning purposes.

Supplier Cost Structure

Refers to the detailed composition of costs that a supplier incurs, including direct, indirect, fixed, and variable costs, to provide goods or services.