An analisys of Management Accounting Essay Example | Topics and Well Written Essays - 3250 words

An analisys of Management Accounting - Essay Example This research aims to evaluate and present the models and concepts affecting the pricing decisions taken by organizations, critically reflecting upon their usefulness. The price variable is the one of the significant ingredients in marketing mix of the organization. Price itself can effectively communicate with the consumers regarding the product or service. So, â€Å"when the pricing decision is made, the organization must consider several factors. These factors† such factor includes, Regulation of government, Perceptions in the market, supply, desired pricing position of the organization, demand and finally Competitors and Competition pricing policies. The final price of any product or service is influenced by various factors; these can be summarized into two that are internal and external factors. Internal Factors – Internal factors are those which are controllable by the organization and also, if required, it can be altered. Although, the company may have control ov er these internal factors creating a quick alteration is not always practical or realistic. For example, pricing of the product may depend closely on the efficiency of a manufacturing capability (e.g., how much can be manufactured in a certain time). External Factors - There are a numeral of influencing factors which are not restricted to the organization but will influence pricing decisions. The marketer needs to identify these factors to carry out various researches to observe what is happening in every marketplace that the organization serves, since result of these factors can change by marketplace. The Pricing Decision: As mentioned above, the pricing decision of the organization is impacted by various dissimilar factors. So, pricing decision at initial stage can be very time- consuming though these are exemptions. Normally pricing decision of the organization is complicated, hence it must involve the various cautions consideration of all these factors listed above to make a good decision. â€Å"The pricing strategy can be viewed as a function of competitive product quality and stage of the product life cycle† (Rashid et al. 1988, p. 194). Various models which influenced the pricing decision of the organizations are discussed below. Cost and Demand Oriented Pricing Models: In this model, organization uses demand or cost as a foundation for setting the price of the service or product. Traditionally, this type of orientation or model is applied to the theory of micro economics by forming demand curve on the basis of summation or outline of the person’s utility funct ions for consumers in the market. Thus, first thing is that to assess and identity the consumers perception regarding the product or services. Perception of the

An analysis of the security implication of immigration in the Essay

An analysis of the security implication of immigration in the Sultanate of Oman from 2009 till 2014 and its implication for future immigration policy - Essay Example Conversely, the immigrants have negatively affected Oman in a certain way, as unemployment has risen significantly in various sectors within the country. This is a result of lack of higher studies and presence of immigrant labours and others in the country. Furthermore, to tackle with the problems of high level of immigration in Oman, the government of the nation has emerged with the concept of ‘Omanization’ Policy in the year 19881. The policy was aimed at significantly reducing the number of immigrants in the country by replacing them with the nationals and to provide them with the opportunity to sustain and develop within the country. Furthermore, because of increased number of immigrants and a constant rise in the expatriate population in Oman, the government of the country has taken considerable steps to reduce inflow of foreign expatriates in the country and encourage the people at large. Furthermore, with an aim to reduce the range of problems faced by the nationals, government of Oman has taken action-oriented steps towards reformation of the existing laws, apart from engaging in bilateral trade agreements with the nations sending immigrants in Oman. Additionally, Oman government has also taken considerable strides towards protection of the migrants, dwelling from Oman2. With the information gathered from nationalists regarding the rising concerns about the illegal immigration in Oman, the government of the country has employed the use of restrictive policies towards the unlawful immigrations. The government of Oman introduced a temporary ban on the immigrants coming from the labour sending nations such as India and Bangladesh to deal with the issue. Furthermore, the government of Oman postponed the issuance of visa to the immigrants from the year 2012, when the country stopped issuing visa to Bangladeshi immigrants. Apart from these aspects the government of Oman and other Gulf nations, have invested high amount