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The contribution of inventory control practices to the sustainability of hotel establishment in Nike Lake Resort

 Department: Business Administration and Management  
 By: usericon linus081  

 Project ID: 738
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The aim of this research is to look at and access the contribution of inventory control practices to the sustainability hotel establishment in Nike. This research work started with a background on inventory control practices in the hospitality industry. Then the research tried to establish an understanding of inventory control practices. And the emphasis of this research in on Nike Lake Resort Awka, Enugu State. Furthermore, the rationale for the research was highlighted. In addition, works by different authors were consulted and the authors duly acknowledged. Simple percentages were used to analyze the data generated for the study. The research revealed that the hospitality establishments in the study area adopt inventory control measures in their operational activities. The first- in- first- out (FIFO) was the most commonly used inventory control practice in the study area. The study also revealed that the hospitality establishment in the study area perceived sustainability procedures of incorporating economic aim, environmental aim and social aim as positive for the growth of the hospitality establishments. The study also showed that the practice of stock control has positive effects on the profit margin of the hospitality establishment in the study area. Based on the findings recommendations were made....
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