Impact Of Increase In Petroleum Product Price On Organizations' Profitability (A Case Study Of Pz Cusson Plc)
ABSTRACT
The research is on the impact of increase in petroleum
product price increase on organization's profitability was carried out using PZ
Cussion PLC Aba Brach as a case study. To determine the effect of petroleum
product price increase on profit, capacity utilization, and product pricing of
the company. Multiple regressions were used in testing the hypotheses. The
secondary sources of data for 5 (five) years, which is the published accounts
of company were also used. A finding from the study shows that, there is a
negative relationship between petroleum product price and profitablity that is,
there is a decrease in profitability as a result of petroleum prodcut price
increase. To address the negative consequences of petroleum product price
increase on companies' performance, it is recommended tha government should
endeavor to subside the price of petroleum product to help industries in
running of their business. There is need also to make available petroluem
products so that local indistries can achieve effective production.
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IJIOMA, S (2021). Impact Of Increase In Petroleum Product Price On Organizations' Profitability (A Case Study Of Pz Cusson Plc). Mouau.afribary.org: Retrieved Nov 29, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-increase-in-petroleum-product-price-on-organizations-profitability-a-case-study-of-pz-cusson-plc-7-2
SANDRA, IJIOMA. "Impact Of Increase In Petroleum Product Price On Organizations' Profitability (A Case Study Of Pz Cusson Plc)" Mouau.afribary.org. Mouau.afribary.org, 03 Dec. 2021, https://repository.mouau.edu.ng/work/view/impact-of-increase-in-petroleum-product-price-on-organizations-profitability-a-case-study-of-pz-cusson-plc-7-2. Accessed 29 Nov. 2024.
SANDRA, IJIOMA. "Impact Of Increase In Petroleum Product Price On Organizations' Profitability (A Case Study Of Pz Cusson Plc)". Mouau.afribary.org, Mouau.afribary.org, 03 Dec. 2021. Web. 29 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-increase-in-petroleum-product-price-on-organizations-profitability-a-case-study-of-pz-cusson-plc-7-2 >.
SANDRA, IJIOMA. "Impact Of Increase In Petroleum Product Price On Organizations' Profitability (A Case Study Of Pz Cusson Plc)" Mouau.afribary.org (2021). Accessed 29 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-increase-in-petroleum-product-price-on-organizations-profitability-a-case-study-of-pz-cusson-plc-7-2