Advances in accounting Essay Example | Topics and Well Written Essays - 1000 words

Advances in accounting - Essay ExampleThis research seeks to determine the relevance of OBA in an environment with high competition and the leave out of cooperation between the suppliers and consumers. Most companies after exploiting most of the cost simplification methods have resorted to forming supply chains to be competitive in the market. With this, OBA was found to be requisite for reducing cost and thus raised productivity. For OBA to be successful, it requires cooperation and mutual trust between the suppliers and consumers.The researchers have noted that most companies are not willing to sell important information with the buyers. This paper is important since it seeks to address the importance and challenges facing the application of OBA technique in inter-organizational cost management. Despite the challenging circumstances downstairs which OBA is applied, the paper addresses how it can be used for the good of the parties involved and also give recommendations on how to counter the challenges involved. The paper is interesting since it involves interacting with people in the legitimate market situation, and the findings thereof are a true reflection of what is happening in the field. The key reference literatures for this research arevi. Sharing Sensitive breeding in Supply Relationships The Flaws in One-way Open-book Negotiation and the Need for Transparency, European Management Journal by Lamming, Richard, Nigel D. Caldwell, Wendy E. Phillips, and Deborah A. Harrison (2005)The above books describe the relevance of OBA to cost reduction and the conditions for the success of the tool to cost management in IOCM. These books seek to describe the challenges facing the implementation of OBA in inter-organization cost management.The research method chosen for the moot is interview. This involved interviewing purchasing experts in the first and second phases and afterward interviewed sales experts. These interviews were done using questionnaires, w hereby the questionnaires were sent to