0704-883-0675     |      dataprojectng@gmail.com

THE IMPACT OF COST MANAGEMENT STRATEGIES FOR MANUFACTURING INDUSTRIES

  • Project Research
  • 1-5 Chapters
  • Quantitative
  • Simple Percentage
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: Available
  • Recommended for : Student Researchers
  • NGN 3000

Abstract: THE IMPACT OF COST MANAGEMENT STRATEGIES FOR MANUFACTURING INDUSTRIES

This research explores the impact of various cost management strategies on the performance of manufacturing industries in Port Harcourt. The study's objectives are to identify the most effective cost management strategies, assess their impact on financial performance, and evaluate the challenges in their implementation. A survey design was employed, with data collected from 300 manufacturing executives, calculated using Taro Yamane's formula. A case study of a major manufacturing company in Port Harcourt provided comprehensive insights. The reliability coefficient score was 0.87. Findings indicate that effective cost management strategies, such as lean manufacturing and total quality management, significantly enhance financial performance by reducing waste and improving efficiency. However, challenges such as resistance to change and high implementation costs were identified. Recommendations include providing more training and support for implementing cost management strategies and enhancing collaboration across departments to ensure successful adoption.





Related Project Materials

LOCAL GOVERNMENT AS A VEHICLE FOR ECONOMIC DEVELOPMENT

ABSTRACT

The study was carried out with the aim of assessing local government as a vehicle for economic development in N...

Read more
ASSESSMENT OF THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON FINANCIAL PERFORMANCE OF THE BANKING INSTITUTION

ABSTRACT

This study was carried out on the impact of corporate social responsibility on financial performance of the ba...

Read more
THE CAPITAL MARKET AND ITS IMPACT ON THE NIGERIAN ECONOMY, WITH SPECIAL EMPHASIS ON THE NIGERIAN STOCK EXCHANGE

BACKGROUND OF THE STUD...

Read more
ENUMERATION AND IDENTIFICATION OF BACTERIA ON USED HANDKERCHIEFS IN MALES  

ABSTRACT

This study was carried out on the enumeration and identification of bacteria on used handkerchiefs in males. Th...

Read more
AN APPRAISAL OF THE APPLICATION OF THE PUNISHMENT OF THE CRIME OF ZINA IN NIGERIA

Problems of the Research

Adultery as an offence has been defined as an act which is prohibited by Almighty Allah. The pr...

Read more
CONSEQUENCES OF POLYGAMOUS MARRIAGE ON CHRISTIAN HOME

Abstract

This work and research carried out by the researcher has brought new awareness to the issue of Christians a...

Read more
INVESTIGATION OF OIL/DIESEL CONTAMINATION AND WASTE WATER SEEPAGE USING 2-D ELECTRICAL RESISTIVITY AND GROUND PENETRATION RADAR

CHAPTER ONE

INTRODUCTION

Background to the study: Soil has many varying functions aside...

Read more
THE INFLUENCE OF THE HOME ENVIRONMENT ON THE INTELLECTUAL AND SOCIAL SKILLS DEVELOPMENT OF PRE-PRIMARY CHILDREN IN AKINYELE AREA OF OYO STATE

​​​​​​​Background to the problem

Early years are the most crucial period for the development of the child and the home e...

Read more
THE ROLE OF FINANCIAL DECISION-MAKING IN MOTIVATING EMPLOYEES

Abstract: THE ROLE OF FINANCIAL DECISION-MAKING IN MOTIVATING EMPLOYEES

Objective: Thi...

Read more
THE CONTRIBUTION OF SECRETARIES TOWARDS THE ACHIEVEMENT OF ORGANIZATIONAL GOALS

ABSTRACT

This study investigated the contributions of secretaries towards the National Economic Development with referen...

Read more
Share this page with your friends




whatsapp