What is the Role of Management Accounting Information in Influencing Pricing Decisions?
Perhaps, every organization wants to initiate a management system and strategy that could maintain the organization’s capability, strength and competitiveness. The dramatic changes and advances in communications and information technology facilitated the way towards a sustained progress in the international business and finance environment. The low cost and the efficiency as well as the attractiveness of conducting and entering any business venture – local or international in nature were made available by these technological advances which characterize the global marketplace. Today, greater challenges are faced by financial managers and accountants as opportunities for growth as well as possibilities of risks increase in the current and more attractive business world. This paper aims to discuss the significant role of management accounting information in relation to making decisions on pricing. It sought to find relevant applications of information gathered through management accountin
