We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Management accounting performance evaluation: Plastic for All (PFA) Organizations case - Assignment Example

Comments (1) Cite this document
Plastic for All (PFA) Organization’s case presents some of the issues that management specialists, accountants and scholars have pursued with the need to seek solutions. PFA, a manufacturing firm, has various issues that require strategic change to retain the market share, reputation and grow in profits…
Download full paper
Management accounting performance evaluation: Plastic for All (PFA) Organizations case
Read TextPreview

Extract of sample
Management accounting performance evaluation: Plastic for All (PFA) Organizations case

Download file to see previous pages... The focus in this paper is on Plastic for All (PFA) Organization. The firm seems to be experiencing serious problems with communications between various stakeholders. The managers, for instance, have neglected the woes, challenged the staff, and have not planned to address them in good time. This has resulted in industrial boycotts and go-slows. The morale of working seems to be low, resulting in low quality and quantity of outputs. There are several challenges facing the firm. First, the style and nature of management is dictatorial and harsh. The atmosphere is unpleasant between workers and supervisor, as well as between managers and supervisors. For instance, in the absence of the supervisor, workers are said to do little or do nothing at all (Go slows). This implies that they display sheer pretence during working time, especially in the absenture of the supervisor. Internally, this could signify a deeper problem that relates to their motivation caused by management failure to plan and respond urgently to matters facing the junior, such as working conditions. In the case, the workers tensed when the factory manager and supervisor drew closer, which shows that the relationship between workers and management is unfriendly. The noise from the factory could be a window into two deeper problems. One could be using poor technology and tools. Second, there could constant quarrels and miscommunication between workers during the course of their work progress. The issue of organization culture is highly evidenced. Organization culture is defined as a set of shared beliefs, truths, assumptions and values that operate in organizations, define and shape the manner and modalities that are adopted in the organizations. Many scholars define culture as how people behave when no one is looking at them. It has failed at the PFA as most of the operations at the factory seem to stem from the existing organization culture. It is the building blocks of moist highly successful firms. The PFA will probably fail if it keeps on neglecting the relevance of culture. The issues that have risen at PFA because of irrelevant culture are as follows: First, there is no leadership that best first the current business field as seen by the lack of full concern by their corporate leaders. For instance, delegating work without investing their time and effort in meaningful work at the factory. Second, workers are at the wrong place at the wrong time, not taking work seriously. Third, workers and managers know exactly what needs to be done but rather unwilling to do or rather do it the wrong way. Fourth, the factory seems to have blurred working conditions and wrong tools for the wrong jobs. Lastly, there is underestimating how big an undertaking is in most of the operations, such as market research, production strategies and the financial planning and management. As noted by Collaghan and Comerford, culture is the solid cornerstone that builds the organization, and differentiates the champions from failures in the same industry (Dynamic foundations). Next, there is underproduction in the company. This has been due to poor planning, inadequate staff, and technical challenges as well as managerial incompetence. The method of production has not been clearly outlined in the production strategy and there no clear vision in ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Management accounting performance evaluation: Plastic for All (PFA) Assignment”, n.d.)
Retrieved from https://studentshare.org/management/1395534-management-accounting-performance-evaluation-plastic-for-all-pfa-organizations-case
(Management Accounting Performance Evaluation: Plastic for All (PFA) Assignment)
“Management Accounting Performance Evaluation: Plastic for All (PFA) Assignment”, n.d. https://studentshare.org/management/1395534-management-accounting-performance-evaluation-plastic-for-all-pfa-organizations-case.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
hansenlavinia added comment 2 days ago
Student rated this paper as
At first, I thought 9 of pages is too much for such a topic. But now I see it could not be done smarter. As the author starts you see the difficulty of the subject. I’ve read all at once. Precise text
Management accounting
The main purpose of the operating statements of income statement is to help the companies to evaluate their performance on the basis of sales and expenses. The income statement reflects strongly upon the profit and loss occurred in the company according to the sales and expenses of the firm.
7 Pages(1750 words)Assignment
Management accounting
The management process is dynamic consisting of various activities, elements and functions (Hermanson 2010). The key major management functions involve planning, controlling, decision making and communicating. It is notable that management accounting information is very vital in executing these management functions in an organization.
4 Pages(1000 words)Assignment
Performance Evaluation
Translating the Profit/Loss statement to US dollars enables Niessen to value the return on it's investment in a comparable and familiar currency; it also provides company management with a view of the foreign currency exchange rate gain/loss enabling it to measure the success in protecting the investment from erosion due to currency devaluation, "provided that the 'objectives' of the translation process are fully understood"; and it enables the measurement of financial and managerial performance in a "common numeraire".
8 Pages(2000 words)Assignment
Management Accounting Case Study
This paper is composed of three sections. The first discusses the strategic and competitive position of the business organization. The next assesses the viability, feasibility, and profitability of launching Moon Baby Cream through a cost and benefit analysis.
12 Pages(3000 words)Assignment
Management Accounting
The decisive issue in management accounting is whether the government, organization or consumer is more contented with the transaction or dealing made. Civic actions will tend to generate either more benefits or demerits that determine
6 Pages(1500 words)Assignment
Social Performance of Organizations
Between the two wars, the company was able to expand into Africa, Papua, America, Canada, South American and Europe. It was eventually renamed as
6 Pages(1500 words)Assignment
Performance management
Performance management is important in an organizational concept as because employees are the most important resources in an organization. It is also important from the view point of the employees that the organization and the
10 Pages(2500 words)Assignment
Management Accounting
The primary purpose of the costing systems in companies is to ensure that the cost of production, operation and other activities are determined and controlled. The management accountants
7 Pages(1750 words)Assignment
Evaluation of Corporate Performance
These parts include decoration products, cabinet products, plumbing products, installing products and several special products segment. The plumbing products segment is concerned with the production of tab and shower systems, handheld
8 Pages(2000 words)Assignment
Performance Improvement Evaluation Approach
From the research-based performance improvement evaluation approach by Richard F. Gerson, I learned that about the current systems, change is innovative. The approach is concerned with the assessment of the learner improvements in business or any other work setting that the course focuses on (Richard, 2009).
1 Pages(250 words)Assignment
Let us find you another Assignment on topic Management accounting performance evaluation: Plastic for All (PFA) Organizations case for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us