An assessment on the role of cost and management innovations in creating and sustaining competitive advantage: case of Jet Stores

This research sought to investigate the Effectiveness of the role of cost and management innovations in creating and sustaining competitive advantage: Case of Jet Stores ’’. . The study was carried out as a result of the noted persistent loss of business to competitors and inability to fulfill the...

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Main Author: Mashayangombe, Shallome
Language:English
Published: Midlands State University 2018
Subjects:
Online Access:http://hdl.handle.net/11408/2983
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author Mashayangombe, Shallome
author_facet Mashayangombe, Shallome
author_sort Mashayangombe, Shallome
collection DSpace
description This research sought to investigate the Effectiveness of the role of cost and management innovations in creating and sustaining competitive advantage: Case of Jet Stores ’’. . The study was carried out as a result of the noted persistent loss of business to competitors and inability to fulfill the company’s growth strategy during the period of 2011 to 2014. The research covered a body of literature for a further exhaustive knowledge of cost and management accounting techniques that an entity may adopt to achieve competitiveness and improve performance. A population of 24 respondents to gather relevant information was adopted at Jet. Descriptive research methods were adopted during the study where questionnaires (92% successful and 8% unsuccessful) and personal interviews (80% successful and 20% unsuccessful) were used for gathering data. Based on the findings, it can be concluded that Jet applies management accounting practices which were conceptually effective but technically ineffective with the current position of the organization. The practices at Jet reflected problems in, lack of documented implementation guidelines, inadequacy of communication to staff, and lack of raw materials and working capital challenges are affecting the implementation of management accounting. The researcher recommended that there should be top management participation in project development, management should provide clearly defined guidelines for the implementation of management accounting and they should consider the adoption of other management accounting techniques like ABC and balanced scorecard.
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spelling ir-11408-29832022-06-27T13:49:04Z An assessment on the role of cost and management innovations in creating and sustaining competitive advantage: case of Jet Stores Mashayangombe, Shallome Management accounting techniques Management participation Performance Management innovation This research sought to investigate the Effectiveness of the role of cost and management innovations in creating and sustaining competitive advantage: Case of Jet Stores ’’. . The study was carried out as a result of the noted persistent loss of business to competitors and inability to fulfill the company’s growth strategy during the period of 2011 to 2014. The research covered a body of literature for a further exhaustive knowledge of cost and management accounting techniques that an entity may adopt to achieve competitiveness and improve performance. A population of 24 respondents to gather relevant information was adopted at Jet. Descriptive research methods were adopted during the study where questionnaires (92% successful and 8% unsuccessful) and personal interviews (80% successful and 20% unsuccessful) were used for gathering data. Based on the findings, it can be concluded that Jet applies management accounting practices which were conceptually effective but technically ineffective with the current position of the organization. The practices at Jet reflected problems in, lack of documented implementation guidelines, inadequacy of communication to staff, and lack of raw materials and working capital challenges are affecting the implementation of management accounting. The researcher recommended that there should be top management participation in project development, management should provide clearly defined guidelines for the implementation of management accounting and they should consider the adoption of other management accounting techniques like ABC and balanced scorecard. 2018-03-08T10:30:08Z 2018-03-08T10:30:08Z 2016 http://hdl.handle.net/11408/2983 en open Midlands State University
spellingShingle Management accounting techniques
Management participation
Performance
Management innovation
Mashayangombe, Shallome
An assessment on the role of cost and management innovations in creating and sustaining competitive advantage: case of Jet Stores
title An assessment on the role of cost and management innovations in creating and sustaining competitive advantage: case of Jet Stores
title_full An assessment on the role of cost and management innovations in creating and sustaining competitive advantage: case of Jet Stores
title_fullStr An assessment on the role of cost and management innovations in creating and sustaining competitive advantage: case of Jet Stores
title_full_unstemmed An assessment on the role of cost and management innovations in creating and sustaining competitive advantage: case of Jet Stores
title_short An assessment on the role of cost and management innovations in creating and sustaining competitive advantage: case of Jet Stores
title_sort assessment on the role of cost and management innovations in creating and sustaining competitive advantage: case of jet stores
topic Management accounting techniques
Management participation
Performance
Management innovation
url http://hdl.handle.net/11408/2983
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