THE ROLE OF MANAGEMENT ACCOUNTING IN STRATEGIC DECISION-MAKING
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract:
This study examines the role of management accounting in strategic decision-making in Lagos State, Nigeria. The objectives are to: (1) evaluate how management accounting information supports strategic decisions, (2) assess the impact of management accounting practices on organizational performance, and (3) analyze the challenges faced by management accountants in strategic planning. A survey design was chosen for its effectiveness in collecting data from corporate managers and management accountants. The sample size, calculated using Taro Yamane's formula, ensures representativeness with a 95% confidence level and a 5% margin of error. Dangote Group was selected as the case study due to its extensive use of management accounting in strategic decision-making. The reliability coefficient score of the survey was 0.92. Findings indicate that management accounting significantly supports strategic decisions, enhancing organizational performance. However, challenges such as data accuracy and integration with strategic planning processes were noted. It is recommended that companies in Lagos State invest in advanced management accounting systems and continuous training to improve strategic decision-making.
Related Project Materials
AN ASSESSMENT OF ECONOMIC VARIATIONS AND ITS EFFECTS ON REAL PROPERTY MANAGEMENT IN NIGERIA
BACKGROUND OF STUDY
The Nigerian civil war, which lasted from 1967 to 1970, disrupted many areas of the economy....
MODERN MODEL OFFICE TECHNOLOGIES AND JOB PRODUCTIVITY OF SECRETARIES IN RIVERS STATE UNIVERSITIES
Background of the Study
The advancement of modern model office technologies has brought closer the &ldq...
NATIONAL SAVINGS AND ECONOMIC GROWTH IN NIGERIA (1980 – 2007)
Abstract
The research work studied the national savings and Nigerian economic growth, spanning from 197...
PREVALENCE AND ANTIMICROBIAL SUSCEPTIBILITY OF GRAM NEGATIVE BACTERIA IN THE URINE OF CARITAS UNIVERSITY STUDENTS
ABSTRACT
In order to access the prevalence and sensitivity pattern of urinary pathogens, 60 midstream urine samples from students of Cari...
EFFECT OF AQUEOUS ETHANOL LEAF EXTRACT OF COMBRETUM MICRANTHUM G. DON (COMBRETACEAE) ON SOME INDUCED SYSTEMIC INFLAMMATORY IMMUNE RESPONSE SYNDROMES IN MICE AND RATS
Abstract
The cellular immunity is often suppressed by infection, disease conditions and drug medication that are in continous association...
AN ASSESSMENT OF THE IMPACT OF MANUFACTURING SECTOR ON ECONOMIC GROWTH IN NIGERIA (1981 – 2010)
ABSTRACT
This research work examines econometrically the impact of manufacturing sector on economic growth in Nigeria, from 1981 to 2010....
PERFORMANCE EVALUATION OF MINI SPRINKLER IRRIGATION SYSTEM: COMPARISON OF THE PLASTIC AND IRON MADE SPRINKLER SYSTEM
ABSTRACT
This study is a study to evaluate and compare the hydraulic performance of plastic and iron mini sprinkler system using 8mm and...
THE EFFECTS OF TWO TEACHING METHODS ON ACADEMIC ACHIEVEMENT OF JUNIOR SECONDARY SCHOOL STUDENTS IN HOME ECONOMICS
ABSTRACT
The study focused on the impact of teaching methods of home economics on academic achievement of junior sec...
DESIGN AND IMPLEMENTATION OF AN AUTOMATED CAR PLATE NUMBER RECOGNITION SYSTEM
Background of the study
Massive integration of information technology into all aspects of modern life caused demand for...
ADDRESSING EQUITY AND ACCESS ISSUES IN EARLY CHILDHOOD EDUCATION: UNDERSTANDING BARRIERS TO EDUCATIONAL PARTICIPATION AND STRATEGIES FOR PROMOTING INCLUSIVE PRACTICES
Abstract: This research addresses equity and access issues in early childhood education (ECE) in Nigeria, ai...
