Abstract

AbstractTarget costing (TC) has been used successfully for years by leading Japanese companies, principally to motivate design engineers to look for innovative ways to manage cost while not neglecting other crucial dimensions such as product quality and time‐to‐market. This article explores ways that the balanced scorecard (BSC) may help in the target costing process—specifically, how the balanced scorecard could serve as an interactive control system of intensive review, dialogues, and debates to ensure that a company is heading toward its targets. © 2004 Wiley Periodicals, Inc.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call