The major limitation of this study is the use of secondary data. Using secondary data has
many advantages, however in order to make the company’s performance looks better,
the data should be used a lot of times, therefore in fact the way in managing and
allocating costs can be hidden. Besides that, this thesis only focuses on a specific
company so the recommendations might be useless and inapplicable for other
companies. Moreover, most of analyses are based on the others’ research so it can be
arguable and difficult for users to apply in the reality