Activity-Based Costing of Canned and Processed Foods Businesses in Thailand: Effects on Organizational Development, Business Competitiveness and Corporate Success

Abstract

It critically leads to financial performances, namely cost reduction, full control and ongoing performance and financial benefits and non-financial performances including enhanced employee productivity and operational efficiency. Firms with effective activity-based costing implementation tend to manage their resources, assets, competencies, and capabilities successfully, provide accurate cost information efficiently and reduce non-valuable costs and expenses excellently (Maiga 2014). They have attempted to use activity-based costing in doing businesses and operations for obtaining their outcomes. Thus, activity-based costing is important and it is proposed to drive, explain and create firms' success in the current and future aspects and in the long-term perspectives. Here, activity-based costing tends to influence organizational development, business Abstract. This study aims at investigating the relationships among activity-based costing, organizational development, business competitiveness, and corporate success of canned and processed foods businesses in Thailand. In this study, 142 canned and processed foods businesses in Thailand are the samples of the study. Structural equation model (SEM) was employed to test the research relationships. The research results indicate that activity-based costing positively leads to organizational development and business competitiveness. Also, organizational development positively relates to business competitiveness and corporate success while business competitiveness positively affects corporate success. In summary, activity-based costing plays a significant role in determining, driving and explaining firm outcomes. Accordingly, firms need to pay attention to the development and utilization of activity-based costing through the provision of competencies, capabilities, resources, and assets to its implementation. To verify the current study, future research may need to search for activity-based costing's dimensions and components, collect data from different populations and countries and apply regression analysis, partial least squared and path analysis to prove the relationships. ACTIVITY-BASED COSTING OF CANNED AND PROCESSED FOODS BUSINESSES

The Role of Improving Entrepreneur Competency, Innovation and Use of Social Media in the Sustainability of Msmes in Banyumas District

“…Liang et al ( 2018) innovation is a paradigm that assumes that companies can and should use external ideas as well as internal ideas and internal and external channels to market their products as companies seek to advance their technology. Innovation, according to Ussahawanitchakit (2017), consists of two things, namely: (1) Product innovation, the level of a person's ability to offer suggestions for improvements to existing products and the individual's ability to contribute to the development of new products in order to increase customer satisfaction; (2) Process innovation, the level of a person's ability to produce a manufacturing process or service that is better than the current process.…”

La Competitividad como Estrategia de Crecimiento en las Organizaciones

“…La mayoría de los autores enfatizan la importancia de la innovación para el desarrollo de la competitividad y el desempeño en la exportación, como se demuestra con los resultados en varios países y con grupos de productos (Cheba & Szopik-Depczyńska, 2017;Wierzbicka, 2018); (Zygmunt, 2017); (Del Gatto, di Mauro, Gruber, & Mandel, 2011); (Jarreau & Poncet, 2012); (Kaimakoudi, Polymeros, & Batzios, 2014); (Sandu & Ciocanel, 2014); (Xu, 2010); (Chernova, Zobov, Starostin, & Butkovskaya, 2017); (Ussahawanitchakit, 2017); (Kiseľáková, Šofranková, Čabinová, & Onuferová, 2018); (Ivanová & Čepel, 2018). Zizlavsky (2016), afirma que el desempeño y la medición de los procesos de innovación en el entorno empresarial son cruciales para mejorar la competitividad del país.…”

Family business and business dynasties: A case study of Russia

“…Modern researchers view the problem of modern business or family business from the different angle using system-based approach (e.g. Armas-Cruz, 2017; Janda et al, 2013;Ehrenberger et al, 2013;Koudelková & Svobodová, 2014;Kalyugina et al, 2015;Ključnikov et al, 2016, Andreeva et al, 2016Jankelová et al, 2017;Vovk, & Vovk, 2017;Žižka et al, 2018;Ussahawanitchakit, 2017). Furthermore, Tagiuri and Davis (1996) suggested ways how to identify a main specificity and to analyse the source of conflicts and priorities in family enterprises.…”