Motivation - behavioural aspects of standards, Cost Accounting

Assignment Help:

Motivation - Behavioural Aspects of Standards

Variance analysis and standards setting requires to be carried out like it motivates managers and other employees. It should not create adverse and resentment reactions. To achieve motivational effects, the process should be like:

1. Participative

2. One that encourages responsibility and initiative;

3. One that is not seen like a mere pressure device

4. Should be objective and uniformly applied to all

5 .Carried out in time.

6. One that provides fair feedback to the employees, pointing out areas of negative and positive performance.

7. Well linked to the penalty- reward system that is the positive performance is rewarded while negative performance is punished or accurate to enhance positive performance.


Related Discussions:- Motivation - behavioural aspects of standards

Variable cost computation, cite some example on how to to calculate variabl...

cite some example on how to to calculate variable cost

Calculate the taxable profit, Gustav Ltd commenced operations on 1 July 201...

Gustav Ltd commenced operations on 1 July 2011 and presents its first statement of comprehensive income for the year ending 30 June 2012 and first statement of financial position a

Determine the internal rate of return, AOL is considering two proposals to ...

AOL is considering two proposals to overhaul its network infrastructure. They have received two bids. The first bid, from Huawei, will require a $20 million upfront investment and

Absorption vs. variable costing, Absorption vs. Variable Costing Varilux ma...

Absorption vs. Variable Costing Varilux manufactures a single product and sells it for $10 per unit. At the beginning of the year there were 1,000 units in inventory. Upon further

Overhead anaylsis sheet, how do we prepare an overhead analysis sheet when ...

how do we prepare an overhead analysis sheet when the data given is already apportioned

Schedule of work in process, Schedule of Work in Process The given sche...

Schedule of Work in Process The given schedule presents the calculations which pertain to work in the process. Pay attention to the details, noting that (1) direct materials

Service cost centres, Service Cost Centres Since no production cost un...

Service Cost Centres Since no production cost units pass via the service cost centers, it is essential to apportion the service department costs; to the production cost center

Find the breakeven discount rate, The government of a small South Pacific i...

The government of a small South Pacific island is considering whether to allow development of a small but valuable deposit of phosphate rock. Not having the resources to develop an

Activity based costing or abc, Activity Based Costing or ABC Absorptio...

Activity Based Costing or ABC Absorption costing shows to be relatively straightforward way of adding overhead costs to units of production utilizing, more often than not, a v

Storage and issue of material, Storage and Issue of Material A number ...

Storage and Issue of Material A number of questions are relevant in this control of materials throughout storage and question of materials. These are as: a) Stock control r

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd