Activity based costing a turnaround strategy

Stephen, Sony; Jose, Ann

Abstract

The widespread environment change has forced many organisations to change and re-think their business and competitive strategies, particularly cost management system in order to achieve the competitive edge in the marketplace. Successful organisations are those that are able to improve quality, lower costs and efficiency of operations and eliminate products and services that incur losses. This explains why some organisations are successful while others fail. An organising costing system is a system that helps management with the strategy planning while the system plays an important role in providing accurate cost information about the products and customers.

• Presentation Conference Type: Conference Paper (published)
• Conference Name: Turnaround Strategies in the Dynamic Business Environment
• Start Date: Jul 12, 2015
• End Date: Jul 12, 2015
• Acceptance Date: Jul 1, 2015
• Publication Date: Jul 16, 2015
• Deposit Date: Oct 20, 2022
• Series ISSN: 0973-7839
• Public URL: https://uwe-repository.worktribe.com/output/10038878
• Related Public URLs: www.aim.edu.in; ; https://sites.google.com/site/aimerudition/