Globalisation and technological advancement

Jun 2nd, 2015
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Northwestern State University of Louisiana
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In this modern era of globalisation and technological advancements, day in day out business practices are transforming and evolving. Whether it is in the field of Management, Marketing, Human Resource Management or Financial/Management Accounting, new techniques, tools, process and methods are coming to light which are making business activities less complex and easy to complete.

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Introduction In this modern era of globalisation and technological advancements, day in day out business practices are transforming and evolving. Whether it is in the field of Management, Marketing, Human Resource Management or Financial/Management Accounting, new techniques, tools, process and methods are coming to light which are making business activities less complex and easy to complete. In this report, the major focus will be revolved around Management Accounting practices and its successful usage in the growing Japanese nation. At the same time, the failure of the Western accountants to implement these new techniques will be dealt with as well. This report is going to be based the journal Management Accounting Practices in Japanese Manufacturing Firms: An Empirical Investigation taken from the Journal of Accounting and Finance written by Hema Wijewardena & Anura De Zoyasa. Many references throughout the journal article has indicated that it is the Japanese management accounting practices that have enabled Japan to be so successful in the global frontier and those references will be critically analysed to show how they have helped Japan in achieving a dominant position in the global competitiveness. The major problem of this study, as in the limitations, will be the extensive dependency on the article itself because the journal article on its own has a few limitations. The responses of the survey based on which the articles conclusion was deduced cou

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