ABSTRACT
This work
"impact of cost reduction and control on the profitability of some
selected manufacturing companies performance" has chosen to look into
problem and to evolve solution on whether inadequate cost reduction and control
system influences management decision. The research methodology used was
interview and questionnaire. The researcher gained most of his knowledge from
book written by renowned authors in the costing and financial analysts. Using
Unilever Nigeria Plc, PZ Industries and International as a case study and the
method of data analysis used by the researcher were Z test. The major findings
of the study was relieved on table 4.1.6 respondent believed and agreed on the
need of cost reduction and control on the profitability of some selected manufacturing
companies. It is the intention of the research project to evolve solutions
where observed -any short coming in area of uncertainty on the examination of
impact of cost reduction and control on the profitability of some selected
manufacturing companies performance, which undoubted hampers the revenue
generation potential so that the inefficiencies are brought to light
consequently. Thus there should be cost reduction and control in the
compilation of historical data. This helps to ascertain the cost of production
which can influences high or low market price of any commodity and the
researcher recommends that the staff of the organization should be given
opportunity to attend seminars on related issues and there should be a forum
where they can complain to their supervisor.
NWACHUKWU, A (2021). Impact Of Cost Reduction And Control On The Profitability Of Selected Manufacturing Companies . Mouau.afribary.org: Retrieved Nov 27, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-cost-reduction-and-control-on-the-profitability-of-selected-manufacturing-companies-7-2
AUGUSTINA, NWACHUKWU. "Impact Of Cost Reduction And Control On The Profitability Of Selected Manufacturing Companies " Mouau.afribary.org. Mouau.afribary.org, 02 Aug. 2021, https://repository.mouau.edu.ng/work/view/impact-of-cost-reduction-and-control-on-the-profitability-of-selected-manufacturing-companies-7-2. Accessed 27 Nov. 2024.
AUGUSTINA, NWACHUKWU. "Impact Of Cost Reduction And Control On The Profitability Of Selected Manufacturing Companies ". Mouau.afribary.org, Mouau.afribary.org, 02 Aug. 2021. Web. 27 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-cost-reduction-and-control-on-the-profitability-of-selected-manufacturing-companies-7-2 >.
AUGUSTINA, NWACHUKWU. "Impact Of Cost Reduction And Control On The Profitability Of Selected Manufacturing Companies " Mouau.afribary.org (2021). Accessed 27 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-cost-reduction-and-control-on-the-profitability-of-selected-manufacturing-companies-7-2