Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/7470
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dc.date.accessioned2016-01-14T09:20:08Z
dc.date.available2016-01-14T09:20:08Z
dc.date.issued2013
dc.identifier.urihttps://www.um.edu.mt/library/oar//handle/123456789/7470
dc.descriptionB.ACCTY.(HONS)en_GB
dc.description.abstractPurpose: The purpose for this study is to identify micro business characteristics particularly in relation to pricing in a butcher business, while enabling the formulation of a set of objectives and ensuring consistency throughout the research. Design: The dissertation takes a case study approach carried out in a typical Maltese butcher. A number of interviews were also conducted with some other sources including butcher shops and suppliers in order to compliment the findings from the case study. Findings: Product costs and expenses were identified as very important in conjunction with customer perceived value and competition in setting prices. This suggests that the owner-manager must be experienced, understand his clients and continuously aware of what his competitors are doing. Furthermore, the cost-plus mark-up pricing is used as the basis for price setting with flexible mark-ups that vary from one product to another according to what the owner-manager believes is appropriate. Other factors such as economic and social aspects amongst others have a bearing on the final price. Conclusions: The case study butcher does not apply management accounting formally but in a haphazard manner. However, management accounting is applied indirectly through simple calculations for costing and pricing the products. Furthermore, the behaviour of the owner-manager depends on the circumstances and consequently the solutions may vary from one situation to another according to what the owner-manager believes is best for the business. Value: A number of recommendations were formulated to assist the case study butcher in improving his business and increasing the probability of success.en_GB
dc.language.isoenen_GB
dc.rightsinfo:eu-repo/semantics/restrictedAccessen_GB
dc.subjectPricingen_GB
dc.subjectSmall business -- Accountingen_GB
dc.subjectMeat industry and trade -- Maltaen_GB
dc.subjectCost accountingen_GB
dc.titleAn analysis of the pricing methods in a butcher shop : a case studyen_GB
dc.typebachelorThesisen_GB
dc.rights.holderThe 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.institutionUniversity of Maltaen_GB
dc.publisher.departmentFaculty of Economics, Management and Accountancy. Department of Accountancyen_GB
dc.description.reviewedN/Aen_GB
dc.contributor.creatorMercieca, Melissa
Appears in Collections:Dissertations - FacEma - 2013
Dissertations - FacEMAAcc - 2013

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