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.