Installation of a Costing System: 5 Major Difficulties

This article throws light upon the five major difficulties faced during the installation of a costing system. The difficulties are: 1. Lack of Support from Top Management 2. Resistance from the Existing Staff 3. Non-Co-operation at Other Levels 4. Shortage of Trained Staff 5. Heavy Costs. Difficulties in Installation of a Costing System: Lack of Support from Top Management Resistance [...]