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
EFFECT OF MOTIVATION ON EMPLOYEES IN THE SERVICE INDUSTRY: A CASE STUDY OF BENIN ELECTRICITY DISTRIBUTION COMPANY (BEDC)
ABSTRACT
If the managers are able to understand, predict and control employee behavior, then they should have the knowle...
ASSESSING THE DYNAMICS OF POLITICS OF OPPOSITION, PARTY IDEOLOGY AND DEMOCRATIC CONSOLIDATION IN NIGERIA: 1999- 2019
ABSTRACT
The study examines the nature of opposition politics and party ideology in Nigeria and their attendant impacts on democratic con...
THE PROBLEM OF RETIREMENT IN THE ENUGU STATE CIVIL SERVICE
ABSTRACT
This Is a study on problems of retirement in the enugu state civil service: a case study of En...
KNOWLEDGE OF THE CAUSE AND PREVENTION OF ANAEMIA IN PREGNANCY AMONG PREGNANT MOTHERS IN OKADA COMMUNITY, EDO STATE
ABSTRACT
This study was carried out on the examin...
BRANDING'S INFLUENCE ON PRODUCT MARKETING AND DISTRIBUTION
Background of the study
Prior to the country's independence in 1960, the majority of Nigeria's population...
COMPARATIVE ANALYSIS OF COAL, FUEL OIL AND NATURAL GAS FOR CEMENT PRODUCTION
ABSTRACT
This study is a comparative analysis of the use of coal, fuel oil and natural gas for cement production noting their physical an...
THE CHALLENGES OF INFORMATION AND COMMUNICATION TECHNLOGY (ICT) TO MODERN SECRETARIES IN OFFICE TECHNOLOGY AND MANAGEMENT DEPARTMENT
Background Information
The emergence of information and Communication Technology (ICT) has given a new...
AN APPRAISAL OF HUMAN RIGHT AND ENVIRONMENTAL DEGRADATION OF OGONI LAND IN NIGERIA
ABSTRACT
The right to healthy environment is closely integrated in the basic concept of human right, namely the „dignity inherent t...
CHALLENGES OF MEETING GLOBAL STANDARD IN EDUCATION, EDUCATIONAL IMPLICATIONS FOR NIGERIAN UNIVERSITIES
Abstract
This study examines the challenges of meeting global standard in education in Nigeria. Education is the bedroc...
THE ROLE OF EARLY CHILDHOOD EDUCATION IN TEACHING MEAL PLANNING
ABSTRACT: This research investigates the role of early childhood education in teaching meal planning skills to young children. Introducing mea...
