Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/81765
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.date.accessioned | 2021-10-06T09:06:54Z | - |
dc.date.available | 2021-10-06T09:06:54Z | - |
dc.date.issued | 2008 | - |
dc.identifier.citation | Borg, B. (2008). The extent of the use of accounting information for pricing decisions by Maltese enterprises (Bachelor’s dissertation). | en_GB |
dc.identifier.uri | https://www.um.edu.mt/library/oar/handle/123456789/81765 | - |
dc.description | B.ACCTY.(HONS) | en_GB |
dc.description.abstract | Prices and Price-setting are the lifeblood of every enterprise. Defining and establishing a price is not an easy task for managers as one might think. Price can be simply defined as the total costs of production plus an allowance for profit. Some authors go beyond this definition by suggesting that price is the value that consumers are willing to pay for a product or service. Considering the fact that price is the only factor that generates revenue for enterprises, businesses must be aware of the negative consequences that could arise if prices are not set in the best possible manner. This study aimed at understanding how Maltese enterprises set prices and to what extent they use accounting information and other pricing methods. Questionnaires were sent by e-mail to a total of 59 enterprises operating in the manufacturing, wholesale, retail and service sector. One of the simplest methods for setting prices is the cost-based method where a mark-up percentage is added to costs. The results showed that this method is the most used method by local businesses. A considerable number of businesses try to analyse the value that consumers attach to their products or services. Other enterprises, believe that consumers associate high prices with high quality. On the other hand, few businesses use market-based approaches when setting their prices. | en_GB |
dc.language.iso | en | en_GB |
dc.rights | info:eu-repo/semantics/restrictedAccess | en_GB |
dc.subject | Pricing -- Malta | en_GB |
dc.subject | Business enterprises -- Malta | en_GB |
dc.subject | Accounting -- Malta | en_GB |
dc.title | The extent of the use of accounting information for pricing decisions by Maltese enterprises | en_GB |
dc.type | bachelorThesis | en_GB |
dc.rights.holder | The copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder. | en_GB |
dc.publisher.institution | University of Malta | en_GB |
dc.publisher.department | Faculty of Economics, Management and Accountancy. Department of Accountancy | en_GB |
dc.description.reviewed | N/A | en_GB |
dc.contributor.creator | Borg, Bryan (2008) | - |
Appears in Collections: | Dissertations - FacEma - 1959-2008 Dissertations - FacEMAAcc - 1983-2008 |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
B.ACCTY.(HONS)_Borg_Bryan_2008.pdf Restricted Access | 6.87 MB | Adobe PDF | View/Open Request a copy |
Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.