In the UK, 1950-75 was a lively period in the long-running debates between proponents of absorption and marginal costing. In the nexus of competing interests, management accountants advocated and defended rival costing systems with much vigour and passion. Expressed in the language of the times,...

This note examines Launhardt’s analysis of market area in Chapter 27 of his 1885 book. Under the assumption of quadratic utility function, we derive the individual spatial demand and use this spatial demand curve to show the formation of a circular market. We further show that the size of the...

This note examines Launhardt’s analysis of market area in Chapter 27 of his 1885 book. Under the assumption of quadratic utility function, we derive the individual spatial demand and use this spatial demand curve to show the formation of a circular market. We further show that the size of the...

Zimbabwe is a small developing country that has been independent for 17 years. In its short post‐colonial history it has been attempting to grapple with lessening the imbalances on resource distribution, like land, water and other natural resources, from its colonial path. The path towards...

Service firms operating on low margins per transaction must generate a high volume of business to survive the competitive environment of the 1990s. Firms must raise the expectations of consumers to increase patronage, then successfully meet these expectations. Examines the antecedents to...