The impact of cost control on the profitability of manufacturing firms - case study of Nigerian Breweries Plc, Aba Department: Banking and Finance By: samadchuks Project ID: 5451 Rating: (3.4) votes: 10Rate this project12345 Price:₦3000 Get the Complete MaterialAbstractThis study is on the impact of cost control on the profitability of manufacturing firms, using Nigerian Breweries Plc Aba as a case study. Cost control is a management device used to keep cash within the planned limit. Cost control is involved with activity on controlling costs associated with an activity, process of the company. Cost control is the practice of identifying and reducing business expenses to increase profits, and it starts with the budgetary process. The objective of this research study is to highlight/identify some cost control measures available in manufacturing firms and in Nigerian Breweries Plc Aba in particular and to ascertain the relationship existing between cost control and profitability. Descriptive survey research design were adopted. Data were collected using questionnaires, oral interviews and observations, journals, newspapers etc. In treating and analyzing the data collected, extensive use of tabular information and percentages was of great importance. It was found out from the analysis made that cost control is a means of achieving the primary objective of profit maximization. Findings also show that there exist a very strong relationship between cost control and profitability. Based on findings, the researcher recommends that the company should continue to maintain the good relationship that exist between cost control and profitability in the company and management should ensure that seminars and workshops are conducted for staff and workers to improve their skills on the methods of applying cost control techniques. ...Preview Download Preview +Other Banking and Finance project topics and materials you might be interested in»The role of central bank of Nigeria (CBN) in the development of Nigeria financial sector»Appraisal of the economic implication of electronic banking in Nigerian banks (A case study of diamond bank)»The impact of strategic planning on banks performance in Nigeria (A case study of united bank for Africa plc)»Evaluation of the impact of liquidity management on banks performance in Nigeria ( A case study of UBA )»The roles of central bank of Nigeria in the prevention of bank failure or liquidation (A case study of central bank of Nigeria 2005-2009)»The role of financial institutions in promoting banking habit and saving capital formation in Nigeria»The effect of electronic banking on fraud reduction in bank (A case study of access bank plc)»The effectiveness of monetary policy measures in controlling inflation in Nigeria»Problems and challenges facing finance houses in the Nigerian economy ( A case study of mortgage bank owerri )»The role of deposit money bank in Nigeria in economy development in Nigeria - a case study of Access Bank Plc»Motivation as a way of reducing fraud in banking industry ( A case study of UBA and Fidelity bank )»The impact of insurance industry on the economic growth of Nigeria (A case study of nicon and hallmark insurance companies 2005-2009)»Identification and management of bad debts in Nigeria commercial banks(A case study of UBA plc)»The contribution and effect of computer to modern day banking in Nigeria (A case study of zenith bank and first bank plc)»The use of accounting information in assessing control and performance in an organization (A case study of first bank of Nigeria owerri)