Target costing and cost reduction in Zimbabwe : a case of manufacturing small to medium enterprises.
- Author
- Nhau, Chiedza
- Title
- Target costing and cost reduction in Zimbabwe : a case of manufacturing small to medium enterprises.
- Abstract
-
This study investigates the effectiveness of target costing and cost control in Zimbabwe manufacturing SMEs. The primary objective is to explore the impact of target costing and cost reduction strategies on the financial performance of these enterprises. A survey of 32 SMEs in Harare was conducted using structured questionnaires and secondary data was collected from journals and electronic media. The data analysis was performed using SPSS version 20, revealing that negative variance persisted, leading to decreased organizational performance. The cost control method had no motivational impact on employee training, worker involvement and enhanced control reports to improve the situation.
- Date
- JUNE 2024
- Publisher
- BUSE
- Keywords
-
of target costing
cost control in Zimbabwe
SMEs - Supervisor
- NIL
- Item sets
- Department of Social Work
- Media
-
B200937B
Part of Target costing and cost reduction in Zimbabwe : a case of manufacturing small to medium enterprises.