New Zealand recently transformed many of its government agencies into private corporations. This is a difficult process
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Cost-Management Technlque Management Decislon a. Learning about how operations work _The design of incentive bonuses of up to 12 percent of salary by Electricity Corporatlons (ECNZ) for middle managers based on meeting difficult profit goals b. Organizing resources into efficient activities and operations The use of seminars called "What If I Owned the Business?" by Televislon Corporatlon (TVNZ) to introduce staff to issues of competition c. Measuring actual and expected costs of activities, products, and services ECNZ's decision to restructure into four major operating divisions: Production, Marketing, Power Transmission, and Construction d. Identifying profitable products, services, customers, and distribution _The decision by Coal Corporatlon (Coal Corp) to evaluate every job currently performed to determine which is essential to the goal of profitability e. Identifying opportunities for improvements in the value of products and and production services _TVNZ's new focus on estimating the costs of television programming f. Communicating effectively _The decision by Public Works Corporatlon (WORKS) to sell its poorly performing Property and Computing Services divisions g. Motivating and evaluating personnel TVNZ's analysis of the programming and advertising practices of its new commercial rival, TV3.
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Related Book For
Cost Management A Strategic Emphasis
ISBN: 9781259917028
8th Edition
Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith
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