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The Redmond Products instructional problem exposes pitfalls of traditional absorption product costing systems. It promotes a discussion of errors inherent treating manufacturing overhead costs as “indirect” costs that should be “allocated” to products using a predetermined manufacturing...
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Aim/purpose - This paper attempts to arrange and present the methods of measuring the competences of production enterprises in the field of product innovations. Design/methodology/approach - The method used in this paper is a literature review, in the area of new product development management....
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This paper investigates how financial constraints affect a firm's decision on whether to conduct product innovation. Theoretically, we show that a firm's optimal decision on product innovation is a function of its past decision, financial constraints and a set of control variables. Through...
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In the highly Competitive and demanding Global Automotive Industry, it is necessary to ensure High Quality, Low Cost & Quick to market, in any Product or Service being offered. It is obvious that major portion of these elements is embedded and controlled in Design and Development stage. This...
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The persistent downturn in productivity growth during the past two decades has cast doubts on global economic prospects …. Frequently cited causes include a dearth of productivity-enhancing ideas, an aging population, and a shift to service …-based economies. While we acknowledge the role each of these has played, our research shows that productivity is fundamentally driven …
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increased R&D productivity. In numerous contexts, especially when marginal production costs are low, such as for medications or …
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