Costing system and new way of selling in a small processing enterprise

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25310%2F18%3A39913135" target="_blank" >RIV/00216275:25310/18:39913135 - isvavai.cz</a>

Výsledek na webu

—

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

Costing system and new way of selling in a small processing enterprise

Popis výsledku v původním jazyce

In today&apos;s information environment, information usable for decision-making or economic development is the cornerstone of successful business. Companies build and develop managerial accounting systems as a source of information for efficient management of the company&apos;s processes. Enterprises operating in the processing industry are under strong pressure from price competition having significant impact on small companies. Moreover, the companies must continually adapt to a changing environment and come up with innovations of a different nature like product innovation, services, management procedures innovations or, for example, finding new ways of selling. In such situations, it is necessary to know the cost of products or processes. This can be obtained from a carefully and precisely developed costing system, which can be the basis for price decision making, resources allocation and determination of long-term business direction. This paper describes the results of analyzes and evaluation of the cost management and costing systems in the practice of a process manufacturing enterprise, including recommendations for changes to this system. The paper also deals with the integration of managerial accounting into supply chain management. Advantages and disadvantages of a selected new way of selling products are discussed and possibilities of the cost management system application in searching new ways of selling are evaluated.

Název v anglickém jazyce

Costing system and new way of selling in a small processing enterprise

Popis výsledku anglicky

In today&apos;s information environment, information usable for decision-making or economic development is the cornerstone of successful business. Companies build and develop managerial accounting systems as a source of information for efficient management of the company&apos;s processes. Enterprises operating in the processing industry are under strong pressure from price competition having significant impact on small companies. Moreover, the companies must continually adapt to a changing environment and come up with innovations of a different nature like product innovation, services, management procedures innovations or, for example, finding new ways of selling. In such situations, it is necessary to know the cost of products or processes. This can be obtained from a carefully and precisely developed costing system, which can be the basis for price decision making, resources allocation and determination of long-term business direction. This paper describes the results of analyzes and evaluation of the cost management and costing systems in the practice of a process manufacturing enterprise, including recommendations for changes to this system. The paper also deals with the integration of managerial accounting into supply chain management. Advantages and disadvantages of a selected new way of selling products are discussed and possibilities of the cost management system application in searching new ways of selling are evaluated.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2018

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

SGEM 2018 : conference proceedings. Vol. 5

ISBN

978-619-7408-67-6

ISSN

2367-5659

e-ISSN

neuvedeno

Počet stran výsledku

8

Strana od-do

215-222

Název nakladatele

SGEM

Místo vydání

Sofia

Místo konání akce

Albena

Datum konání akce

24. 8. 2018

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

—