Academic Journal

Impact of Research and Development on Cost and Sales Managementin textile industry.

Bibliographic Details
Title: Impact of Research and Development on Cost and Sales Managementin textile industry.
Authors: Jami, Zeeshan1, Ali, Tahir1 ali2122@gmail.com
Source: Journal of Information Technology & Economic Development. Oct2023, Vol. 13 Issue 2, p61-76. 16p.
Abstract: The core purpose of the studies to explain the impact of research and development activities on cost management and Sales Growth in the context of textile industry of Pakistan. More specifically, current study investigate the relationship of product Innovation and process innovation with cost management. Study also explains the impact of product Innovation and process innovation on the Sales Growth. Current study, apply the structure equation of modelling. Correlational and cross-sectional Research Design employed to investigate the relationship. A questionnaire survey of 100 professional working in the textile industry of Pakistan was utilized. Moreover, to investigate the propose hypotheses this study employed the aid of measurement model and structure model based on smart pls. Findings of the study indicated that research and development activities through process Innovation and product innovation has a significant impact on the cost management. Moreover, process Innovation and product innovation also influence Sales Growth of a textile industry of Pakistan. Current research have significant policy implications for the managers of textile industry. Corporate manager in the textile industry must focus on process innovation as well as in theproduct innovations to optimize their Sales Growth and cost management. [ABSTRACT FROM AUTHOR]
Subject Terms: *Textile industry, *Cost control, *Research & development, *Sales management, Textile sales & prices, Knowledge acquisition (Expert systems)
Geographic Terms: Pakistan
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ISSN: 2153974X
Database: Business Source Complete