Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/121143
Title: | Examining the impact of uncertainty on business performance via strategic cost management adoption and implementation : the case of agro-based industries in and around Punjab, India |
Authors: | Aggarwal, Rashmi Verma, Tanvi Aggarwal, Arun Sharma, Vandana Balusamy, Balamurugan Grima, Simon |
Keywords: | Agricultural prices -- India -- Forecasting Business planning -- India Agriculture -- India Corporate culture -- India Rate of return -- India Consumer satisfaction -- India |
Issue Date: | 2023 |
Publisher: | Inderscience Enterprises Ltd. |
Citation: | Aggarwal, R., Verma, T., Aggarwal, A., Sharma, V., Balusamy, B., & Grima, S. (in press). Examining the impact of uncertainty on business performance via strategic cost management adoption and implementation : the case of agro-based industries in and around Punjab, India. International Journal of Business Performance Management. DOI:10.1504/IJBPM.2025.10061652 |
Abstract: | Dynamic business environments require a change to survive. Strategic cost management (SCM) must reconceive its future as new, improved, or reformed under opportunities and tough demands. Traditional cost management may not be adaptable to business turbulence. Increasing shareholder and customer demand, rapid information and technology improvements in manufacturing, and worldwide market rivalry with antiquated tools can be difficult. SCM goes beyond cost reduction and includes revenue generation and competitive advantage. This article examines the relationship between adopting and applying SCM approaches and company success in agro-based industrial businesses. Empirical survey data from agro-based industrial companies in Punjab were analysed using multivariate data analysis. According to contingency theory, size, technology, total productivity maintenance, strategy, and Organization Culture are factors related to strategic cost management. All dependent factors, including control variable size, favourably affected SCM acceptance and utilisation, which has a pragmatic effect on agro-based businesses. SCM utilisation also mediated performance. |
URI: | https://www.um.edu.mt/library/oar/handle/123456789/121143 |
Appears in Collections: | Scholarly Works - FacEMAIns |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
Examining_the_Impact_of_Uncertainty_on_Business_Performance_via_Strategic_Cost_Management_Adoption_and_Implementation.pdf Restricted Access | 535.2 kB | Adobe PDF | View/Open Request a copy |
Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.