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The impact of using advanced costing and managerial accounting techniques on building competitive advantages: the case of
Jordanian industrial companies Dr. Sliman Saned Al Soboa*
Abstract
This study aimed to investigate the usage of advanced costing and managerial accounting techniques and the implementation of different strategies by Jordanian industrial companies. The study also aimed to investigate the effect of these techniques on the implementation of different strategies.
The results of one-sample t-test suggested that Jordanian industrial companies seek to build competitive advantages by adopting cost leadership, differentiation, and focus strategies. It is also found that Jordanian companies use the advanced costing and managerial accounting techniques. The results of multiple-regression, on the other hand, showed that: (ABC) technique had a significant impact on all of the three strategies; (TQM), (BPR), and (Bench) techniques had a significant impact on cost leadership strategy; (ABM) and (BPR) techniques had a significant impact on differentiation strategy; (TQM) and (Bench) had a significant impact on focus strategy. TC technique, on the other hand, had no impact on any of the three strategies.
The study recommended the continues usage of (ABC), (BPR), and (Bench) techniques and to focus more on using (TQM), (TC), and (ABM) techniques.
Key words: activity based costing, total quality management, target costing, activity based management, business process reengineering, benchmarking, cost leadership strategy, differentiation strategy, focus strategy.
* Department of Accounting and Financial and Banking science, Faculty of Business Administration and Economic Al-Hussein Bin Talal University, P.O.Box (20) Ma’an-Jordan. Tel: 00962 32179000, Ext. 7092. E-mail: [email protected]
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