The Relationship between Target Costing Method and Pricing -Development of Products in Industrial Companies

AL-Khasawneh, Shadi Maher; Jrairah, Talal Souliman; Endut, Wan Anisah; Rashid, Nik Mohd Norfadzilah Nik Mohd

doi:10.15294/ibarj.v3i2.59

Cited by 5 publications

(3 citation statements)

References 6 publications

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“…Recently, there has been a rapidly expanding body of literature that examines how distinct performance measurements influence the success of businesses (Al-Khasawneh et al, 2020;Danish et al, 2021;Lasiyono, 2019;Phornlaphatrachakorn and Na-Kalasindhu, 2020). However, these considerations have their roots in economic decision-making theory.…”

Section: Relationship Between Novel Bsc Approach and Sustainable Perf...mentioning

confidence: 99%

Is the Fifth Dimension of the Balanced Scorecard Approach Imperative for the Readymade Garment Industry of Bangladesh? A Conceptual Framework

Mohua¹,

Yusoff²

2023

IJARBSS

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This study delineates insights regarding the role of the fifth pillar of the balanced scorecard approach for sustainable performance, focusing readymade garment industry of Bangladesh. Design/Methodology/Approach: The study proposes a conceptual framework from the core premise of the "fit as mediation" approach, which signifies developing and implementing specialized mechanisms, such as management accounting systems that can assist in managing information and enhance superior firm performance. Findings: The concept of the fifth dimension of the balanced scorecard approach is not novel, but the organization is still in a vague position on how to implement or measure for achieving its outputs. Originality/Value:The conceptual framework has the potential to make a valuable contribution to the current body of literature on how sustainability initiatives can be measured through specific managerial systems. Besides, the top management level will get practical guidelines about the implication of social and environmental performance measures to maintain in the long run.

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Section: Relationship Between Novel Bsc Approach and Sustainable Perf...mentioning

confidence: 99%

Is the Fifth Dimension of the Balanced Scorecard Approach Imperative for the Readymade Garment Industry of Bangladesh? A Conceptual Framework

Mohua¹,

Yusoff²

2023

IJARBSS

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“…The product plays an important role in directing the company's activities because it serves as the focal point to meet the needs of customers. When a company adopts a product development strategy, whether it's with the aim of increasing quality or cutting costs, it succeeds through its products or services and manufacturing processes, which in turn has an impact on competitiveness, establishing the value of product development (Al-Khasawneh, 2016;. Based on the, it is possible to conclude that product development is a methodology intended to determine the level of market acceptability of products in order to secure the survival and expansion of the company while carrying out its operations.…”

Section: Development Of New Productsmentioning

confidence: 99%

Application of Using the Activity-Based Costing System on Product Development in Jordan’s Manufacturing Listed Manufacturing Firms

Masadeh¹

2023

J. Professional Business Review

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Purpose: The aim of this research was to examine how the Activity-Based Costing system (ABC) affected product development in Jordanian manufacturing public shareholding companies. Design/methodology/approach: According to the monthly statistical bulletin of the Amman Stock Exchange and the Securities Depository Center, the study population for the year 2022 included (56) Jordanian industrial firms. The questionnaire was distributed to the financial manager, production manager, sales manager, and accountant. In comparison to the total number of circulated questionnaires, (132) were authorized for statistical analysis. Regression analysis and correlation were used to analyze the data and extract results related to the statistical methods used in the study, namely, descriptive statistics, Cronbach's alpha equation, Pearson's correlation coefficient, and linear regression analysis. Findings: The study revealed that there is a connection between the ABC system and product development in Jordanian industrial companies, where this approach contributes to the improvement and development of products by tracking the stages of production since its inception and concentrating on activities that add value to the company and eliminating activities that do not add any value, naturally improving the competitive position of the company. Research Practical implications: Hence, one of this study's main findings suggests developing strategies for methodically and practically gathering comprehensive data on the company's operations. The study advised that Jordan's industrial public shareholding companies stay up with recent advancements in the field of activity-based costing. Originality/value: This study recommends that for the company to stay up with the acceleration in advancement in the areas of activity costs and the employment of latent capabilities for the company's advantage, the study also recommended that the company train its employees to develop their capabilities to serve its strategies. As the findings also reveal that most of the manufacturing firms in Jordan have the infrastructure to adopt and implement the ABC system.

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“…CONCLUSION In a more in-depth conclusion, the research entitled "Evaluating Organizational Performance Using SmartPLS: A Management Perspective" has revealed the importance of a management approach in organizational performance evaluation. An in-depth analysis of various variables, such as the adoption rate of Machine Learning, data-driven strategy, organizational mission fit, continuous learning, and adaptability in business partnerships, has provided valuable insights [23]. The results clearly show that these factors have a significant and positive influence on organizational performance.…”

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confidence: 99%

Evaluating Organizational Performance Using SmartPLS: A Management Perspective

Moscato

2023

ATM

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In the face of complex challenges in the global business environment, organizational performance is a major concern. Evaluation of organizational performance plays an important role in modern management. This research integrates the management perspective with a Structural Equation Modeling (SEM) approach using SmartPLS. Through keywords such as leadership, organizational culture, employee motivation, and other variables, this study identifies key factors that affect organizational performance. The results provide an in-depth view of how organizational management can influence and improve their performance. This research has significant practical implications for different types of organizations. This article details the methodology, variables, data analysis, and expected findings, all in the context of combining management and SEM for organizational performance evaluation.

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The Relationship between Target Costing Method and Pricing -Development of Products in Industrial Companies

Cited by 5 publications

References 6 publications

Is the Fifth Dimension of the Balanced Scorecard Approach Imperative for the Readymade Garment Industry of Bangladesh? A Conceptual Framework

Is the Fifth Dimension of the Balanced Scorecard Approach Imperative for the Readymade Garment Industry of Bangladesh? A Conceptual Framework

Application of Using the Activity-Based Costing System on Product Development in Jordan’s Manufacturing Listed Manufacturing Firms

Evaluating Organizational Performance Using SmartPLS: A Management Perspective

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