Abstract:
This research explores the impact of cost control strategies on sustainability and growth in Lagos State, Nigeria. The objectives are to: (1) assess how cost control strategies contribute to financial sustainability, (2) evaluate their impact on business growth and competitiveness, and (3) analyze the challenges of implementing effective cost control strategies. A survey design was employed to collect data from financial managers and business owners. The sample size, determined using Taro Yamane's formula, ensures statistical validity. Nestlé Nigeria Plc was chosen as the case study due to its extensive cost control measures. The reliability coefficient score of the survey was 0.91. Findings reveal that cost control strategies significantly enhance financial sustainability and business growth, improving competitiveness. However, challenges such as resource allocation and strategy implementation were noted. It is recommended that companies in Lagos State adopt comprehensive cost control strategies and provide training to ensure sustainability and growth.
EXCERPT FROM THE STUDY
Globally, the number of deaths among children under age five has fallen from 12.4 million in 1990...
ABSTRACT
Integrating technology into the educational sector is progressively influenced by different multicultural settings across the wo...
Abstract
a comparative study was done on the ph...
Abstract
The need to focus on corporate governance has increased particularly in the wake of economic collapse and fina...
Abstract
This research examined the Impact of Tax Reforms on Economic Growth of Nigeria. Specifically,...
STATEMENT OF PROBLEMS.
The tax administration (collection and assessment of tax from companies is a difficult task. The assessment...
Abstract:
This study examines budgeting and forecasting techniques for effective resource allocation in...
Abstract
The importance of training and development in the corporate world has been highlighted in the previous literatu...
ABSTRACT
A quantity of 1 litre each of cow milk and blended (cow/soy) milk was pasteurized and each was...
ABSTRACT
The study captioned: organizational conflict and management in higher institutions with a reference to Enugu State University of...