In business today, only the profitable will survive. While companies may strive to ramp up sales, increase market share, or hit customer service targets there is no model to sustain a successful business without profits. Thought it sounds logical, many companies don’t strive for profitability, as the objective. It is often mortgaged, sometimes unwittingly, because management does not have a fir...

This paper explores the application of Activity-Based Costing and Activity-Based Management in ecommerce. A case study of a fictitious Business-to-Customer (B2C) company is used to illustrate the implementation and effects of an Activity-Based Costing analysis. The analysis is performed by using matrixes in order to trace overhead. The Activity-Based Costing analysis is then used to demonstrate...

There is a very short list of theoretical and empirical studies on the role management accounting tools in sustainability smart cities. While majority these have addressed this from perspective openness, participation, hybridisation, others it terms economic, social, environmental sustainability. Despite their early efforts often focusing institutionalisation governmentality processes, analyses...

A fully integrated modeling and analysis toolkit, which facilitates multi-perspective knowledge capturing, sharing and reusing, is necessary for today’s enterprises to meet the challenges of the ever more competitive global marketplace. In this paper we present a suite of software tools, designed and developed by Knowledge Based Systems, Inc., that can generate integrated solutions to complicat...

A large number of modelling tools and approaches that can be used for supporting waste management decisions at different levels in society have been developed. Examples include Life Cycle Assessment (LCA) and different types of Material Flow Analysis (MFA), CostBenefit Analysis (CBA), Life Cycle Costing (LCC), different types of optimizing models, etc. The shear number of different methods that...

The last few years have seen significant improvements in the concepts, methods and general approach to calculating costs. ABC, Target Costing, Strategic Cost Management, functional analysis and costing are mobilising attention. Regardless of which of these approaches we consider, it is always from the point of view of one player whose intention is to benefit from increased knowledge of costs in...

This study experimentally investigates the value of cost report accuracy in an interactive pricing context. Market agents received feedback about their own profits via either a volume-based costing or a more accurate activity-based costing report. They also received a typical market report containing the performance of their rivals. While prior work suggested that market discipline and learning...