question archive 4) Much of our management accounting theory in the UK was developed in the 1800’s and many of these techniques are still used in the UK today
4) Much of our management accounting theory in the UK was developed in the 1800’s and many of these techniques are still used in the UK today
Subject:AccountingPrice: Bought3
4) Much of our management accounting theory in the UK was developed in the
1800’s and many of these techniques are still used in the UK today.
Other countries have developed other techniques and principles, which have also been proven to work, although they are very different to those used in this country.
The Japanese company Toyota developed a new theory, the Toyota Production System (TPS), which has been widely used not only in Japan but also in organisations worldwide.
(a) Explain what you understand by Kaizen costing and contrast it to Business Process Re-engineering (BPR)
