Introduction
In business and management, key assignments and the arrangement of assets are significant parts that influence dynamic cycles. The dynamic circumstance contains an exact methodology that permits us to acknowledge issues, get data, weigh choices, make determinations, execute choices, and assess their outcomes. A set arranging structure assists supervisors with pursuing intelligent and thinking-focused choices reflecting hierarchical goals. Activity-based costing (ABC) is a costing procedure that credits these expenses for items and administrations relying upon explicit exercises that have created them. By deciding expense sources, ABC makes the genuine expenses of items distinctive and concentrates on the productive utilization of assets to make more worth. Combining mainstream values and scriptural standards is the way to build a strong local area.This paper examines how coordinating scriptural standards, like looking for insight, stewardship, and excellence in navigation and action-based costing, can adjust activities to God’s will.
Phases of Direction Direction is a central part of the business the board, and it normally includes a few phases: issue explanation assurance process, data assortment, the screening of the other options, choice of the choice and its execution, and result assessment. This cycle characterizes how administrators learn and settle on shrewd choices that meet the association’s vision and reason. The Book of Scriptures, the sacred Book of the Christians, offers an alternate focal point through which direction is seen. For this situation, the choice interaction should be visible as a cycle pointed toward looking for intelligence and direction from God. proverbs 3:5-6 states, “Trust in the Lord with all your heart and lean not on your understanding; in all your ways submit to him, and he shall straighten your paths.” Here, the Holy book focuses on the need to place confidence in God while pursuing significant choices and having God as a main priority in all your ways. It permits individuals to believe in God’s motivation and talk with Him from any angle they choose, similar to business choices.
James 1:5. This verse communicates the necessity of wisdom-seeking: “Do not be wise in your own eyes. Instead, fear God. He will surely give you wisdom; with that wisdom, you will make the right judgment.” This sentence shows how important it is to admit our ignorance; after we fear God and accept the grace of God, He teaches us how to draw sound judgment. Incorporating biblical points into a person’s phases while making a decision creates a mindset of humility, where one realizes human shortcomings and a higher dependence on divine wisdom. Through praying and contemplating such matters, managers can ensure that God’s deliberations guide them and depict their motives alongside His values and intentions (Morrison, 2024). Through this act, they set aside their own personal flaws and egos, which helps them to make choices that proclaim God’s truth and lead to the well-being of others. In addition, it fosters an atmosphere of trust and togetherness among members of an organization through a mutual realization that people depend on collectively seeking the insights of God.
Activity-Based Costing (ABC)
Activity-based costing (ABC) assigns costs to produced units of a product or service according to the actions involved in their manufacturing. Differently from the overhead costs allocated rationally based on the direct labor or machine hours used in periods in the traditional costing methods, ABC identifies the specific activities that cause costs and allocates them based on these (Pashkevich et al., 2023). A supply chain management system enables businesses to be precise in calculating the true cost of products and services. Therefore, it becomes easier for these businesses to make the best pricing decisions and allocate resources cautiously. Biblically, the concept of stewardship is closely associated with the principles of using ABC/ activity-based costing. Stewardship is the administratively and morally responsible keeping of the resources God gives us. 1 Peter 4:10 emphasizes, “Whatever gift each of you has received, use it to serve others as trustees of the gift of grace manifested in many forms.” The verse reveals the significance of these gifts in understanding how one can serve others by responsibly and wisely utilizing all the gifts bestowed to them.
Through activity-based costing practice, companies can determine the usage patterns of the inputs and transfer the units to those for greater impact. The kind of decision-making, supported by biblical standpoints as good stewardship, will make managers aware that they are bound to handle the resources given by God to them properly. Executives can do it by using everything possible, such as activity-based-costing, to acquire knowledge on allocating resources; therefore, they can take proper steps to get the maximum benefits from the resources to benefit their organization and society. These terms embody the notion of consistency and conduct corresponding to a high moral standard. It facilitates a culture of honesty and sustainability and catalyzes good stewardship and just values.
Integration of Biblical Concepts
Bringing biblical concepts into the reality of business operations means approaching the problem in a way designed to consider the ethical and moral aspects of decision-making and spirit-related aspects. By integrating the biblical approach to rationalizing decisions and expense accounting as the principal basis for decision-making, managers can adhere to God’s will and bring a culture of wisdom, stewardship, and integrity. The answers honor the Almighty and create shared wealth for various stakeholders Revealed in a prayerful and reflective state. Stewardship requires proper use of available resources and the public to enjoy the benefits thereof. Integrity retention in the decision-making process creates the trust and transparency informed society depends on. The principles lead to the healthy development of organizations, communities, and individuals characterized by divine qualities like justice, mercy, and sustainability as they do their business
Conclusion
In summary, the business decision-making and ABC accounting principles could be clubbed with the biblical principles to equip managers with ethical, prudent, and information-wise handles on decision-making. Managers can only attain wisdom for the decisions they take through the process of prayer and discernment, and this can be anchored on the fact that God wants us to be wise, and His will be glorified in what we choose to do, and we shall achieve it. By practicing stewardship, however, a person demonstrates that we can responsibly handle the things God has provided; he gives them to us to use according to His plans. Integrity maintains that non-murky decision-making is entrusted with truthfulness and justice attributed to the divine nature. As a result of these guidelines, bosses can fulfill God for the deployment of their resources strategically, once more shaping a professional environment that seems just like God and contributes to the affirmation of his Kingdom on Earth.
References
Pashkevich, N., von Schéele, F., & Haftor, D. M. (2023). Accounting for a cognitive time in activity-based costing: A digital economy management technology. Technological Forecasting and Social Change, 186, 122176. https://www.sciencedirect.com/science/article/pii/S0040162522006977
Morrison, J. L. (2024). The Power of Participating Partnership with Profound Perception: A Practical Approach to Decision Making and Problem Solving. Religions, 15(1), 80. https://www.mdpi.com/2077-1444/15/1/80
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