THE IMPACT OF COST-BENEFIT ANALYSIS ON BUSINESS STRATEGIES
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
THE IMPACT OF COST-BENEFIT ANALYSIS ON BUSINESS STRATEGIES
This study investigates the impact of cost-benefit analysis (CBA) on business strategies by focusing on: (1) the role of CBA in strategic decision-making; (2) the benefits of CBA in resource allocation; (3) the challenges associated with conducting CBA. A survey research design is adopted to gather quantitative data. Taro Yamane's formula is used to derive a sample size of 310 respondents from Enugu, representing a mix of businesses. A manufacturing firm is selected as the case study due to its significant investment decisions and need for strategic analysis. The reliability coefficient score for the survey instrument is 0.87. The findings indicate that CBA is crucial in strategic decision-making, providing a clear understanding of the financial implications of various strategies. It helps businesses allocate resources more efficiently and identify the most profitable ventures. However, challenges include the complexity of calculations and the need for accurate data. It is recommended that businesses integrate CBA into their strategic planning processes, provide training for managers on conducting CBA, and utilize software tools to simplify the analysis.
Related Project Materials
The Impact of Nurses’ Involvement in Rural Health Initiatives at Federal Medical Centre, Katsina
Background of the Study
Rural health initiatives are essential for addressing health disparities in und...
FOREIGN INVESTMENT AND FINANCIAL GROWTH OF COMPANIES IN INSURANCE SECTOR NIGERIA
ABSTRACT
This work studies the foreign investment and financial growth of companies in insurance sector...
THE IMPACT OF COST ACCOUNTING ON QUALITY MANAGEMENT INITIATIVES IN RETAIL BUSINESS
Abstract: THE IMPACT OF COST ACCOUNTING ON QUALITY MANAGEMENT INITIATIVES IN RETAIL BUSINESS
This study explores the impact of cost accou...
THE ROLE OF ADULT EDUCATION PROGRAMMES IN POVERTY ALLEVIATION
-
- Statement of Research Problem
The research problem is concerned with the...
IMPACTS OF EFFECTIVE COMMUNICATION ON ORGANIZATIONAL PERFORMANCE IN MANUFACTURING INDUSTRY
Abstract:- This research study focused on Impacts of Effective Communication on Organizational Performance i...
The effect of adult education on improving parental involvement in children’s education in Gombe Local Government Area, Gombe State
Background of the Study
Adult education has emerged as a transformative tool in many communities by empowering individuals...
An examination of the role of strategic communication in crisis management: A case study of media firms in Jigawa State.
Background of the Study: Strategic communication is an essential aspect of crisis management, particularly for media firms that operate in environm...
AN ASSESSMENT OF THE IMPACT OF POVERTY REDUCTION PROGRAMMES IN NIGERIA AS A DEVELOPMENT STRATEGY
ABSTRACT
This study assessed the impact of poverty reduction programmes as a development strategy in Nigeria. The study...
An Assessment of the Double Burden of Malnutrition Among Children in Kogi State
Background of the Study
The "double burden of malnutrition" refers to the coexistence of undernutrition (such as stunting and w...
KNOWLEDGE, ATTITUDE AND PRACTICE OF CARE OF THE ELDERLY PATIENTS AMONG HEALTH WORKERS IN UNIVERSITY OF CALABAR TEACHING HOSPITAL CALABAR, CROSS RIVER STATE, NIGERIA.
ABSTRACT
With the global trend towards an increasing aging population, there is a corresponding increas...
