Difference between cost control and cost reduction?

Cost control is an effort to LIMIT the growth of costs.





Cost reduction is an initiative taken with the goal to REDUCE business costs from a current level to a desired lower level.








http://www.positive-way.com/business/cos…Difference between cost control and cost reduction?
Cost control = meeting budgetary targets





Cost reduction = exceeding targets (ie. saving more than expected/predicted)Difference between cost control and cost reduction?
are they not the same thing??