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

Classification, what is the classification of cost & how it is done?

what is the classification of cost & how it is done?

How long does it acquire to implement fca?, It takes about two to three yea...

It takes about two to three years to fully execute FCA and get all employees comfortable with it. Even then, the process will still develop. In Greensboro, North Carolina, it took

Student, i asking for start up

i asking for start up

Produce a revenue statement, XYZ Co. manufactures automation machinery acco...

XYZ Co. manufactures automation machinery according to customer specifications.  The company is relatively new and has grown each year.  XYZ Co. operated at about 75% of practical

Definitions of manufacturing concepts interstate, 3. Definitions of manufac...

3. Definitions of manufacturing concepts  Interstate Manufacturing produces brass fasteners and incurred the following costs for the year just ended:  Materials and supplies us

Compute the annual depreciation on the new equipment, Goldman Corporation b...

Goldman Corporation bought a machine on June 1, 2010, for $44,838, f.o.b. the place of manufacture. Freight to the point where it was set up was $282, and $705 was expended to inst

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