How Long to Read Relevance Lost

How Long Does it Take to Read Relevance Lost?

It takes the average reader 4 hours and 57 minutes to read Relevance Lost by Robert S. Kaplan

Assuming a reading speed of 250 words per minute. Learn more

Description

Management accounting is vital to long-term planning. However, in today's climate of rapid technological change, vigorous global & domestic competition, & the enormous expansion of information-processing capabilities, current management accounting systems are inadequate & outdated. In Relevance Lost, H. Thomas Johnson & Robert S. Kaplan, both professors of management accounting, combine their unique perspectives to describe the evolution of management accounting, combine their unique perspectives to describe the evolution of management accounting in American business, from the early textile mills to present-day computer-automated manufacturers. As they say, "understanding the reasons behind the obsolescence of existing systems should provide improved rationale for organizational change." Johnson & Kaplan argue that the use of outdated accounting methods may have helped undermine American manufacturers' efforts to adapt to the rapidly changing competitive environment of the 1980s. When management accounting systems report highly inaccurate product costs & provide misleading targets for productivity & efficiency efforts, America's large decentralized corporations become vulnerable to smaller, more focused competitors. Ineffective management accounting systems can prevent companies from achieving gains through vertical integration & diversification. Today new management accounting developments taking place in leading American manufacturing firms show promise of reversing this trend. Relevance Lost cites numerous cases of forward-looking companies that are accomplishing just that. Johnson & Kaplan masterfully & persuasively illustrate the need for modern corporations to reexamine their existing practices & to redesign new management accounting systems. Tomorrow's leaders will be those companies who have the foresight to lead management accounting back to the path of relevance from which it strayed over sixty years ago.

How long is Relevance Lost?

Relevance Lost by Robert S. Kaplan is 288 pages long, and a total of 74,304 words.

This makes it 97% the length of the average book. It also has 91% more words than the average book.

How Long Does it Take to Read Relevance Lost Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours and 46 minutes to read Relevance Lost aloud.

What Reading Level is Relevance Lost?

Relevance Lost is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Relevance Lost?

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