Cost Management Practices and Strategic Decision Making in the, Nigerian Banking Sector

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dc.contributor.authorKuye, O.I.
dc.contributor.authorUadiale, O.M.
dc.date.accessioned2017-10-12T19:50:54Z
dc.date.available2017-10-12T19:50:54Z
dc.date.issued2011
dc.descriptionStaff Publicationen_US
dc.description.abstractThis study examines the relationship between cost management practices and strategic decision making in the banking sector, Survey design was used in the study and data were 'generated by means of questionnaire to sixty management staff of two selected banks in Lagos. Three hypotheses were formulated and tested using the chi- square method of analysis,The results of the study indicate that cost management practices are employed in strategic decision making: cost-drivers are a major consideration in cost management systems; and that a relationship exists between cost management practices and strategic decision making. The implications of the study include the need for banks seeking leadership positions to realize the importance of taking out costs and investing the savings in strategic progams that will help them bring product to the market more quickly interact with customers more effectively and gain competitive advantage, It is recommended that banks must continually revisit cost governance and instill a culture focused on cost management.en_US
dc.identifier.citationKuye,O.I.,& Uadiale,O.M. (2011) Cost Management Practices and Strategic Decision Making in the, Nigerian Banking Sector. Unilag Journal of Business.Vol.1,(3),p.211-224.en_US
dc.identifier.issn1118-3020
dc.identifier.urihttps://greenthesis.wordpress.com/.../cost-management-practices-and-strategic-decisio.
dc.identifier.urihttp://ir.unilag.edu.ng:8080/xmlui/handle/123456789/2192
dc.language.isoenen_US
dc.publisherUniversity of Lagos Press ,University of Lagos, Akoka,Yaba - Lagos,Nigeria.en_US
dc.relation.ispartofseriesStaff Publication;
dc.subjectCost Management Practicesen_US
dc.subjectStrategic Decision Makingen_US
dc.titleCost Management Practices and Strategic Decision Making in the, Nigerian Banking Sectoren_US
dc.typeArticleen_US
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