THE IMPACT OF COSTING TECHNIQUES FOR ACTIVITY-BASED MANAGEMENT IN THE PHARMACEUTICAL INDUSTRY
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract: THE IMPACT OF COSTING TECHNIQUES FOR ACTIVITY-BASED MANAGEMENT IN THE PHARMACEUTICAL INDUSTRY
This study examines the impact of costing techniques on activity-based management (ABM) in the pharmaceutical industry in Lagos. The objectives are to evaluate the effectiveness of various costing techniques, assess their impact on financial performance, and identify the challenges faced. A survey design was employed, gathering data from 250 financial managers and cost accountants, derived using Taro Yamane's formula. A case study of a leading pharmaceutical company in Lagos provided comprehensive insights. The reliability coefficient score was 0.88. Findings indicate that accurate costing techniques, such as activity-based costing, significantly enhance ABM by providing detailed cost information and facilitating better decision-making. However, challenges such as high implementation costs and data collection difficulties were noted. Recommendations include providing more training on costing techniques, simplifying data collection processes, and integrating costing techniques with overall management practices to improve organizational performance.
Related Project Materials
VIOLATION OF HUMAN RIGHTS BY THE MILITARY REGIME
ABSTRACT
This study was carried out to examine the violation of human rights by the military regime. Specifically,...
THE PROBLEMS OF CLASSROOM MANAGEMENT AND CONTROL IN SECONDARY SCHOOL
Background to the Study
The idea behind discipline in school is not across a single point of view About the proper defin...
EFFECT OF BUSINESS CREDIT AVAILABILITY ON SMALL AND MEDIUM SCALE ENTERPRISES
Abstract
A business whether small or big, simple or complex, private or public is created to provide competitive prices...
A STUDY ON MOSQUITO AS A PRIMARY MALARIA VECTOR
ABSTRACT
The incidence of the infestation of plasmodium species (P.Falciparum, P. Vivax, P.Ovale, and P. alaria) which causes human malar...
AN ASSESSMENT OF THE EFFECT OF COST ACCOUNTING FOR SUPPLY CHAIN OPTIMIZATION
Abstract: AN ASSESSMENT OF THE EFFECT OF COST ACCOUNTING FOR SUPPLY CHAIN OPTIMIZATION
This study assesses the effect of cost accounting...
A CRITICAL ANALYSIS OF JOHN RAWLS’ SECOND PRINCIPLE OF JUSTICE
BACKGROUND OF STUDY
In the history of philosophy, the issue of justice has always been a serious debate. The debate is a...
DESIGN AND DEVELOPMENT OF A FITNESS APP
ABSTRACT
This project (DESIGN AND DEVELOPMENT OF A FITNESS APP) is going to be a fitness app that allows user to get fit either at the gy...
HUMAN RESOURCE DEVELOPMENT AND ITS EFFECT ON EMPLOYEE PRODUCTIVITY
Background of the Study
Human Resource Development (HRM) as a theory is a framework for the expansion o...
AN EVALUATION OF THE CHALLENGES TO PROVIDING AFFORDABLE HOUSING IN NIGERIA
Background Information
Housing has a central importance to quality of life with considerable economic,...
THE EFFECT OF EXAMINATION ANXIETY ON THE ACADEMIC PERFORMANCE OF STUDENTS IN TERTIARY INSTITUTIONS
Abstract
This study is on the effect of examination anxiety on the academic performance of students in tertiary institut...
