Stock Control Practices Of Fast Food Establishments In Awka Capital Territory: Implications For Profitability.
ABSTRACT
This work evaluated the stock control practices and its
contributions to the effective management and profitability of fast food
establishments in Awka Capital Territory of Anambra State. The data for this
research were collected using questionnaires. While the demographic information
of the respondents were analyzed using simple percentage, the hypotheses were tested
using chi- square at a signIcant level of5%. The research revealed that the
fast food establishments in Awka Capital Territory adopt inventory control
measures in their operational activities. The first- in-first- out (FIFO) and
Just In Time (JIT) were the commonly used inventory control practice in the
study area. The study also revealed that the fast food establishments in the
study area perceived effectiveness procedures of incorporating economic aim,
environmental aim and social aim as positive for the profitability of the fast
food establishments. The study also showed that the practice of stock control
has positive effect on the profit margin of the fast food establishment in Awka
Capital Territory. Based on the findings recommendations were made.
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OBIORA, C (2021). Stock Control Practices Of Fast Food Establishments In Awka Capital Territory: Implications For Profitability.. Mouau.afribary.org: Retrieved Nov 23, 2024, from https://repository.mouau.edu.ng/work/view/stock-control-practices-of-fast-food-establishments-in-awka-capital-territory-implications-for-profitability-7-2
CHINEDU, OBIORA. "Stock Control Practices Of Fast Food Establishments In Awka Capital Territory: Implications For Profitability." Mouau.afribary.org. Mouau.afribary.org, 26 Nov. 2021, https://repository.mouau.edu.ng/work/view/stock-control-practices-of-fast-food-establishments-in-awka-capital-territory-implications-for-profitability-7-2. Accessed 23 Nov. 2024.
CHINEDU, OBIORA. "Stock Control Practices Of Fast Food Establishments In Awka Capital Territory: Implications For Profitability.". Mouau.afribary.org, Mouau.afribary.org, 26 Nov. 2021. Web. 23 Nov. 2024. < https://repository.mouau.edu.ng/work/view/stock-control-practices-of-fast-food-establishments-in-awka-capital-territory-implications-for-profitability-7-2 >.
CHINEDU, OBIORA. "Stock Control Practices Of Fast Food Establishments In Awka Capital Territory: Implications For Profitability." Mouau.afribary.org (2021). Accessed 23 Nov. 2024. https://repository.mouau.edu.ng/work/view/stock-control-practices-of-fast-food-establishments-in-awka-capital-territory-implications-for-profitability-7-2