The Application Of The Contribution Margin Approach To Pricing Decision In Manufacturing Organizations

INTRODUCTIONThe management of an organization is concerned with planning, the managers outline the steps to be taken in moving the organization towards its objectives.In organizing, the managers decided how best to put together the organization’s human and other resources in order to carryout these steps that are necessary to ensure that ever part of the organization is functioning at maximum effectiveness. Through decision making, the manager attempts to make rational choice between alternatives and to determine the best course of action to adopt. Some of the important decision to be made by …