Pricing Decision-Making in Small Malaysian Food & Beverage Businesses: Adaptive Integration of Cost, Competition and Customer Value
Pricing research often distinguishes cost-plus, competition-based, and value-based approaches as alternative strategic orientations. Yet, less is known about how small-business owner-managers combine these pricing logics when cost, market and customer signals conflict. This study examines pricing decision-making among 10 small food and beverage (F&B) businesses in Malaysia using a qualitativeContinue Reading
