Influence of commodity costs on the price of FMCG products

Thesis title: Influence of commodity costs on the price of FMCG products
Author: Baituyakova, Danagul
Thesis type: Diploma thesis
Supervisor: Tyll, Ladislav
Opponents: Machek, Ondřej
Thesis language: English
Abstract:
The goal of this thesis is to provide a reader with a comprehensive outlook on the cost-pricing process in a real FMCG company. Firstly, the thesis concentrates on the theoretical background of cost methodologies and pricing strategies from a perspective of a private firm. Secondly, the thesis presents a tool, which calculates the reflection of the change in the commodity cost on the shelf price of a good. Thirdly, statistical testing is applied in order to identify if the model could correlate with reality based on historical data. In this part the thesis discusses the limitations of the model and gives more real life examples of how the price is set, besides the commodity influence. Thanks to it, a reader will be able to draw conclusions from the given information and deeper understand the complexity of the FMCG market industry.
Keywords: commodities; P value testing; costing methodologies; pricing strategies; C-P Model; shelf price; FMCG
Thesis title: Influence of commodity costs on the price of FMCG products
Author: Baituyakova, Danagul
Thesis type: Diplomová práce
Supervisor: Tyll, Ladislav
Opponents: Machek, Ondřej
Thesis language: English
Abstract:
The goal of this thesis is to provide a reader with a comprehensive outlook on the cost-pricing process in a real FMCG company. Firstly, the thesis concentrates on the theoretical background of cost methodologies and pricing strategies from a perspective of a private firm. Secondly, the thesis presents a tool, which calculates the reflection of the change in the commodity cost on the shelf price of a good. Thirdly, statistical testing is applied in order to identify if the model could correlate with reality based on historical data. In this part the thesis discusses the limitations of the model and gives more real life examples of how the price is set, besides the commodity influence. Thanks to it, a reader will be able to draw conclusions from the given information and deeper understand the complexity of the FMCG market industry.
Keywords: pricing strategies; C-P Model; P value testing; commodities; shelf price; FMCG; costing methodologies

Information about study

Study programme: Ekonomika a management/International Management
Type of study programme: Magisterský studijní program
Assigned degree: Ing.
Institutions assigning academic degree: Vysoká škola ekonomická v Praze
Faculty: Faculty of Business Administration
Department: Department of strategy

Information on submission and defense

Date of assignment: 2. 3. 2015
Date of submission: 30. 8. 2016
Date of defense: 8. 9. 2016
Identifier in the InSIS system: https://insis.vse.cz/zp/51802/podrobnosti

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