Gillette, Proctor & Gamble’s powerhouse razor brand, is

Gillette, Proctor & Gamble’s powerhouse razor brand, is experiencing challenges from consumer trends and upstart digital competitors. Gillette and close competitor Schick have focused on product innovation and higher prices. Indeed, their cartridges first contained two blades, then three, and now five. Razors now have swiveling balls that let the blades pivot, some used to…

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Today’s management accounting information, driven by the procedures

Today’s management accounting information, driven by the procedures and cycle of the organisation’s financial reporting system, is too late, too aggregated, and too distorted to be relevant for managers’ planning and control decisions.  With increased emphasis on meeting quarterly or annual earnings target, internal accounting systems focus narrowly on producing a monthly earnings report.” (Johnson…

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