Article Abstract:
Technological changesresult in the shortening of product life cycles and consequently, traditional cost accounting systems should be redefined to suit in this competitive new environment. Modifications include 'activity-based' cost systems, cost accounting by goals and strategies and Japanese accounting practices. The integrative process includes application of the new approaches to the differentsteps in introducing a new product. Marketing managers should be open to this kind of adjustments which has to be made with the rapidly changing technological environment.
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Article Abstract:
Research describing strategies of adopting industrial design in order to enhance product competitiveness is presented. It is concluded that integrating innovative industrial design in a product's development enhances the company's performance.
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Article Abstract:
The importance of breakthrough innovations to company competitiveness is discussed.
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