Impact Of Cost Control And Reduction Techniques Tile Performance Of Medium Scale Enterprises In Nigeria (A Study Of Lumen Press Ltd Umuahia)

ABSTRACT

This research project is on "impact of cost control and reduction techniques in medium scale enterprise" A study of Lumen press Ltd Umuahia. Two resources data used in the study were primary and secondary data. The primary data were obtained through tile cidininistration of structured questionnaires and Or litre. Percentages were used to analyze the (/ue.v/ioilnaire. These were supported! by statistical frequency table using response from re.spo nc/en/s (7h1-square X2) and decision rule were employed in i/ic lesli ig of hypothesis. The n/a/or flnding.s' of the study includes: Most of the iiiediiun scale enierprises do not have profrssional or experts to apply the cost con/ru! and reduction techniques. Soiiie of the enterprises are not ciware of the reditelion iec/lnu/ues. Majority of the sla/jof the medium scale enterprises have /1001 ediicaiioiial bacicground. I'm ma/k', I/ic research recommend tile Jóllowing solution ,/ar 1/ic identified problem: Medium scale enterprises should always emimplor experts and not only unskilled work efficiency. They should always omga/mi:e seminar, to create awareness on the application of cost control and reduction techniques. For their sicm/j' cmii other business counterpart that are unaware of the techniques. Mcijority of the staff with low educational lackgroiind could he .s'eri /0 in-service /raining to acquire more s/all for job efficiency.