Improving The Profitability Of A Corporate Organization Through Effective Cost Control, A Case Study Of Champion Breweries Plc Uyo, Akwa Ibom State Of Nigeria:- Ukpong, Emmanuel D

EMMANUEL DOMINIC | 99 pages (14954 words) | Projects
Accounting | Co Authors: UKPONG

ABSTRACT

 The subject of cost control has of recent assumed a global significance having been found to be crucial for sustainable profitability. Hence the topic:- Improving the profitability of a corporate organization through effective cost control. A case study of Champion Breweries Pic, Uyo. The objective of the study was to identify the factors that constitute cost of operation, to examine how the factors can affect the earnings of the business and to examine the relationship between profitability and cost of operation. The research design used was on longitudinal, Ex-post Facto Design. The Pearson Product Moment Correlation Co-efficient method of data analysis ands the Chi-square method of data analysis was used in testing Hypothesis one and two respectively. The variables used in testing hypothesis one were operating expenses ratio and return on investment ratio obtained from the Annual Report and Account of Champion Breweries Pic Uyo. This was to determine whether cost of operation affects or does not affects the profitability in manufacturing organization. Hypothesis two was to determine whether profitability and cost of operation has or does not have any significant relationship on cost control of the organization. Findings revealed that high cost of operation affects the profitability ofthe organization and that profitability and cost of operation have significant relationship on cost control of the organization. Based on the findings, it was recommended that the management should focus on means of controlling expenses by identifying the key experiences in each business line or department, the company should use other techniques like cost reduction, proper budgeting and budgetary control measures must be maintained.

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APA

EMMANUEL, D (2024). Improving The Profitability Of A Corporate Organization Through Effective Cost Control, A Case Study Of Champion Breweries Plc Uyo, Akwa Ibom State Of Nigeria:- Ukpong, Emmanuel D. Mouau.afribary.org: Retrieved Dec 27, 2024, from https://repository.mouau.edu.ng/work/view/improving-the-profitability-of-a-corporate-organization-through-effective-cost-control-a-case-study-of-champion-breweries-plc-uyo-akwa-ibom-state-of-nigeria-ukpong-emmanuel-d-7-2

MLA 8th

DOMINIC, EMMANUEL. "Improving The Profitability Of A Corporate Organization Through Effective Cost Control, A Case Study Of Champion Breweries Plc Uyo, Akwa Ibom State Of Nigeria:- Ukpong, Emmanuel D" Mouau.afribary.org. Mouau.afribary.org, 22 Aug. 2024, https://repository.mouau.edu.ng/work/view/improving-the-profitability-of-a-corporate-organization-through-effective-cost-control-a-case-study-of-champion-breweries-plc-uyo-akwa-ibom-state-of-nigeria-ukpong-emmanuel-d-7-2. Accessed 27 Dec. 2024.

MLA7

DOMINIC, EMMANUEL. "Improving The Profitability Of A Corporate Organization Through Effective Cost Control, A Case Study Of Champion Breweries Plc Uyo, Akwa Ibom State Of Nigeria:- Ukpong, Emmanuel D". Mouau.afribary.org, Mouau.afribary.org, 22 Aug. 2024. Web. 27 Dec. 2024. < https://repository.mouau.edu.ng/work/view/improving-the-profitability-of-a-corporate-organization-through-effective-cost-control-a-case-study-of-champion-breweries-plc-uyo-akwa-ibom-state-of-nigeria-ukpong-emmanuel-d-7-2 >.

Chicago

DOMINIC, EMMANUEL. "Improving The Profitability Of A Corporate Organization Through Effective Cost Control, A Case Study Of Champion Breweries Plc Uyo, Akwa Ibom State Of Nigeria:- Ukpong, Emmanuel D" Mouau.afribary.org (2024). Accessed 27 Dec. 2024. https://repository.mouau.edu.ng/work/view/improving-the-profitability-of-a-corporate-organization-through-effective-cost-control-a-case-study-of-champion-breweries-plc-uyo-akwa-ibom-state-of-nigeria-ukpong-emmanuel-d-7-2

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