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Factors influencing effective cost management within South Africa’s retail banking sector

Dissertation (MBA)--University of Pretoria, 2010.

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Other Authors: Pieterse, Thea
Format: Thesis
Published: University of Pretoria 2013
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access_status_str Open Access
author2 Pieterse, Thea
author_browse Pieterse, Thea
author_facet Pieterse, Thea
collection Thesis
dc_rights_str_mv © 2010, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretori
description Dissertation (MBA)--University of Pretoria, 2010.
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institution University of Pretoria (South Africa)
last_indexed 2026-06-10T12:36:05.775Z
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provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2013
publishDateRange 2013
publishDateSort 2013
publisher University of Pretoria
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spelling oai:repository.up.ac.za:2263/24703 Factors influencing effective cost management within South Africa’s retail banking sector Pieterse, Thea ichelp@gibs.co.za Mistry, Kirtan Shirishkumar UCTD Cost management Strategy Activity based costing Banking Dissertation (MBA)--University of Pretoria, 2010. Today, organisations are faced with drastic economic challenges which include, the global financial crisis, credit crunch, globalisation and increased competitive forces. As market share shrinks, organisations strive to find new customers, and increase its bottom line, by adequately managing costs. The objective of cost management practices is to ensure that organisations have a true understanding of costs, so that it can continuously make the right decisions with regards to product mix, price and market. This research uses a qualitative methodology to uncover how the South African banks currently use costing principles. This is achieved through semi-structured long interviews with individuals, who are directly responsible for this function within their respective organisation. <p.The conclusion offers a conceptual cost management framework, which is made up of a number of key models to assist an organisation mature in their cost management practices. It is evident from this research that the banks in South Africa are relatively immature; therefore, they require a focus on efficient and effective cost management practises. Copyright Gordon Institute of Business Science (GIBS) unrestricted 2013-09-06T18:10:32Z 2011-05-20 2013-09-06T18:10:32Z 2010-11-10 2010 2011-05-15 Dissertation Mistry, KS 2010, Factors influencing effective cost management within South Africa’s retail banking sector, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/24703 > F11/242/ag http://hdl.handle.net/2263/24703 http://upetd.up.ac.za/thesis/available/etd-05152011-143810/ © 2010, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretori application/pdf University of Pretoria
spellingShingle UCTD
Cost management
Strategy
Activity based costing
Banking
Factors influencing effective cost management within South Africa’s retail banking sector
title Factors influencing effective cost management within South Africa’s retail banking sector
title_full Factors influencing effective cost management within South Africa’s retail banking sector
title_fullStr Factors influencing effective cost management within South Africa’s retail banking sector
title_full_unstemmed Factors influencing effective cost management within South Africa’s retail banking sector
title_short Factors influencing effective cost management within South Africa’s retail banking sector
title_sort factors influencing effective cost management within south africa s retail banking sector
topic UCTD
Cost management
Strategy
Activity based costing
Banking
url http://hdl.handle.net/2263/24703
http://upetd.up.ac.za/thesis/available/etd-05152011-143810/