The possibility to take advantage of continuous improvement in technology to improve the value of the product of the economic units (A Case Study in the State Company for Electrical Industries) - fans Laboratory -

Abstract

The present study sheds the light on the continuous improvement technique,being one of the modern techniques of managerial accounting, in response of the developments of the contemporary business environment, and explaining the possibility of making use of it by the economic units this aims at enhancing the competitive ability by way of finding suitable approaches to improve the value of their products.
To achieve the aim of the study, it has been hypothesized that applying the continuous improvement technique and its approaches to the company (the sample of the study), which faces extreme competitive conditions, would lead to the improvement of the value of its products by reducing their costs, increasing their quality and achieving the competitive advantage.
Finally, in the light of the results reached at, the study has set a number of recommendations.