Product life cycle Budget and its role in achieving dimensions of competitive advantage

Abstract

The current research aims to present a cognitive discussion of one of the modern strategic techniques in the field of cost and management accounting, which is represented by the product life cycle balancing technique, and to indicate the role it plays in terms of achieving the dimensions of competitive advantage, especially if time is used as a cost vector in its application by reducing the cost of the product Increasing its quality, decreasing the response time in terms of producing the product and delivering it to the customer, achieving high flexibility, as well as assisting the management in making various decisions by calculating the cost more accurately than traditional methods. To achieve this goal, the General Company for Electrical Industries was chosen and And through one of its laboratories represented by the air-cooled engine production plant in Al-Waziriya as a sample for research, as the researcher relied, when applying this technique, on data and information obtained from the laboratory records of the research sample, as well as visits and field coexistence of the researcher in the above lab, and an interview Officials and personnel working in it, with access to cost reports, accounting records, and time cards of the laboratory , in order to apply the above technique.                                                                   

      The researcher reached several conclusions, the most important of which confirms that the air-cooled engine production plant in Al-Waziriya, as a sample for research, suffers from the absence of any features for the application of modern strategic techniques that are concerned with achieving competitive advantage, the most important of which is the product life cycle technology and budget preparation in its shadow and by using time as a cost guide, which Through which it is possible to achieve the dimensions of the competitive advantage of the laboratory. The research sample, as well as the absence of a clear role in the laboratory! The research sample for the activity of the research and development department, to follow the changes and developments taking place in the contemporary business environment in which the laboratory becomes! The research sample is directed by the customer, please About the use of modern technologies in the field of cost and management accounting would contribute to keeping pace with the progress, development and growth in the industrial, commercial and economic reality of the country, as these technologies provide appropriate and useful information about the cost and through which they identify the deficiencies, and work to address them