Measuring Costs in the Fish Processing Industry and the Influence in Decision-Making

Authors

  • Selma Binjaku Lecturer, Department of Accounting and Finance, Faculty of Business, University ‘Aleksander Moisiu’ of Durrës, Currila Street, Nr. 1, Durres, Albania
  • Shkëlqim Fortuzi Rector, University ‘Aleksander Moisiu’ of Durrës, Currila Street, Nr. 1, Durres, Albania

DOI:

https://doi.org/10.36941/jesr-2025-0040

Keywords:

Variable cost, total production costs, fixed costs, direct labor, etc

Abstract

In this paper, we will focus on how to measure the cost of production in the meat processing industry in Albania. The implications of measuring the cost of production go beyond employees, companies, and investors directly invested in the industry. The cost of production not only impacts the internal parties of the enterprise but also the external parties. A country's economic, social, and environmental aspects are crucial for sustainable development. A country needs a production industry to stimulate innovation. Over the past two decades, Albania has shifted from a primarily rural society to one where most of the population lives in urban areas. This migration has driven rapid urbanization, a key demographic trend closely linked to changes in population structure. As a result, consumer trends have intensified, affecting the labor market, social policies, and economic development. (Sallaku et al., 2011). For countries such as ours, significant factors impacting demographic trends include employment (Todaro & Smith, 2020).  In addition, the population will continue to increase consumer trends and the complexity of the meat production and processing sector (FAO, 2019). The meat production and processing industry in Albania is a sector that is not yet at the right pace of development, but it happens that we can talk about successful efforts in this field, at least in several areas of the country. We have attempted to focus the present paper on factors that influence the economic circumstances in Albania. This paper is based on indirect evidence of direct involvement in production elements, natural intestines processing for sausages, seasoned sausages, bacon, etc., in the industrial area of the city of Lezha.

 

Received: 3 January 2025 / Accepted: 1 March 2025 / Published: 06 March 2025

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Published

2025-03-06

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Articles

How to Cite

Measuring Costs in the Fish Processing Industry and the Influence in Decision-Making. (2025). Journal of Educational and Social Research, 15(2), 39. https://doi.org/10.36941/jesr-2025-0040