An Impact Of Cost Control And Reduction Techniques On The Expenditure Of Medium Scale Enterprises (A Case Study Of Lumen Press Umuahia)
ABSTRACT
This research project is on the topic "An Impact of cost control and reduction Techniques in medium scale Enterprises", A case study of Lumen Press Umuahia. 'Iwo SOUCCS of data used in the study were primary and secondary data. The primary data were obtained through the administration of structured questionnaires and oral interviews while the Secondary data were gotten through the review of related literature. Percentages were used to analyze the questionnaires. These were supported by statistical frequency tables with columns and rows of various responses. Chi-square X2and Decision Rule were employed in the testing of hypothesis. The major findings of the study includes the following: Most of the medium scale enterprises do not have professional or experts to apply the final cost control and reduction techniques. Some of the enterprises are not aware of the reduction techniques. Majority of the staff of Medium scale enterprises had poor educational background. Finally, the research recommends the following solutions for the identified problems. Medium scale enterprises should always employ experts and not only unskilled work efficiency. Medium scale enterprises should always organize seminars to create awareness on the application of cost control and reduction techniques for their staff and other business counterparts not aware of the techniques. Majority of the staff with low educational background could be sent to in-service trtiining to acquire more skill for job efficiency.
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OKORO, N (2021). An Impact Of Cost Control And Reduction Techniques On The Expenditure Of Medium Scale Enterprises (A Case Study Of Lumen Press Umuahia). Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/an-impact-of-cost-control-and-reduction-techniques-on-the-expenditure-of-medium-scale-enterprises-a-case-study-of-lumen-press-umuahia-7-2
NKECHINYERE, OKORO. "An Impact Of Cost Control And Reduction Techniques On The Expenditure Of Medium Scale Enterprises (A Case Study Of Lumen Press Umuahia)" Mouau.afribary.org. Mouau.afribary.org, 28 Jun. 2021, https://repository.mouau.edu.ng/work/view/an-impact-of-cost-control-and-reduction-techniques-on-the-expenditure-of-medium-scale-enterprises-a-case-study-of-lumen-press-umuahia-7-2. Accessed 01 Nov. 2024.
NKECHINYERE, OKORO. "An Impact Of Cost Control And Reduction Techniques On The Expenditure Of Medium Scale Enterprises (A Case Study Of Lumen Press Umuahia)". Mouau.afribary.org, Mouau.afribary.org, 28 Jun. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/an-impact-of-cost-control-and-reduction-techniques-on-the-expenditure-of-medium-scale-enterprises-a-case-study-of-lumen-press-umuahia-7-2 >.
NKECHINYERE, OKORO. "An Impact Of Cost Control And Reduction Techniques On The Expenditure Of Medium Scale Enterprises (A Case Study Of Lumen Press Umuahia)" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/an-impact-of-cost-control-and-reduction-techniques-on-the-expenditure-of-medium-scale-enterprises-a-case-study-of-lumen-press-umuahia-7-2