30 Apr WHAT, IF ANY, RELATIONSHIP EXISTS BETWEEN TRANSFORMATIONS PROCESSES THAT CAN INCREASE THE EFFICIENCY IN ACCOUNTING BUSINESS?
The prospect of innovation strategy may provide the best success of an accord the innovation value.
In developing a research design, the first step to take is deciding the target population. Because the research questions need to attract and maintain new business, the target group should include both current customers and noncustomers of an accounting firm. Establishing population boundaries is the next step in sampling design. Boundaries of interest are what will essentially be measured in the research. In accountings case, boundaries of interest are perceived the importance of the company in its field, a percentage of former customers after learning about the company. A third sampling frame is potential customers who could be reached through the in-home website surveys and online surveys advertised on outside websites that potential customers may visit. The appropriate sampling method in this study is stratified sampling. Stratified sampling, “usually more efficient statistically” (Cooper & Schindler, 2006), considers all subgroups of the sample population, painting a clearer statistical idea for management. The last step in designing a sample is determining a sample size. Levels of accuracy, confidence, and a degree of variability are vital causes when considering the sample size (Israel, 2009). Israel suggests using published tables or using a similar study as a guide to select a sample size, both easy and cost-effective (2009).
The small accounting firm could improve their capacity of customers for businesses promoting what they provide. The accounting firm has many areas where they connect industries at both ends where is useful for both parties. A small accounting firm is a giant in the industrial marketplace; however, global competition and uncertainty from economic factors are a constant threat to the organizations goals of maintaining market share dominance. Such success will be more relevant through accurate and useful research that helps managers deal with organizational transactional, transformational, and innovation leadership style.
The Importance of the Study
This quantitative study is to establish and consider how innovation and leadership principles are mandatory for accounting business to survive and grow and if revenue and services performance are affected by transitional, transformational, and innovation styles.
Conclusion
The aim of this study is to provide an elucidate framework on the types of structures that have an impact on the innovation process. Organizations must remain competitive by strategically continually seek opportunities for growth and new approaches for renewing their business. Innovations and leaderships are essential for a company changes needs, new cognizance, and changes in the competitive landscape entail that the businesses constantly innovate and inductee corporate ventures to emulate efficiently.
Research Questions
The outcome will evaluate why transactional, transformational, and innovation leadership style is ideal for accounting business. The research questions for this study will answer these research questions:
1. What, if any, a relationship exists between transactional leadership styles to performance in a small accounting firm?
2. What, if any, a relationship exists between transformational leadership styles and performance in a small accounting firm?
3. What, if any, a relationship exists between innovation leadership performances in a small accounting firm?
4. What, if any, relationship exists between leadership competencies that can improve the effectiveness of innovation in accounting business organization?
5. What, if any, relationship exists between transformations processes that can increase the efficiency in accounting business?
6. What, if any, a relationship exists between performance, transactional, and transformational leadership in a small accounting firm?
Hypotheses
The primary focus of the present study is to examine the relationship between leadership and profitability and organizational success. This question may be answered by distinguishing different types of accounting business innovation. Innovation involves being conscientious. Though implementing innovation sounds easy to do, many organizations are not innovative. The research questions in this study have been constructed to be answered using quantitative methodology. In finding answers to the research questions, this study shall assess the following hypotheses:
H10: There is no significant relationship between transactional leadership style and its financial performance in small accounting practice.
H1a: There is a significant relationship between transactional leadership style and its financial performance in small accounting practice.
H20: There is no significant relationship between transformational leadership style and its financial performance in small accounting practice.
H2a: There is a significant relationship between transformational or leadership style in small accounting practice.
H30: There is no significant relationship between innovation leadership style and its financial performance in small accounting practice.
H3a: There is a significant relationship between innovation leadership style and its financial performance in small accounting practice.
H40: There is no significant relationship between leadership competencies that can improve the effectiveness of innovation in accounting business organization.
H4a: There is a significant relationship between leadership competencies that can improve the effectiveness of innovation in accounting business organization.
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