THE IMPACT OF OVERHEAD COSTS ON BUSINESS PROFITABILITY
- 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 OVERHEAD COSTS ON BUSINESS PROFITABILITY
This research aims to examine the impact of overhead costs on business profitability by focusing on: (1) the relationship between overhead costs and profit margins; (2) the strategies for managing overhead costs; (3) the challenges in controlling overhead costs. A survey design is justified for this study to gather broad quantitative data. Using Taro Yamane's formula, a sample size of 300 respondents from Kaduna is selected, capturing diverse business perspectives. The case study focuses on a manufacturing firm, given the significant impact of overhead costs in such operations. The survey instrument has a reliability coefficient score of 0.87. Findings reveal that high overhead costs negatively affect profitability, and effective management of these costs can enhance profit margins. Strategies such as cost allocation, process optimization, and technology adoption are highlighted. It is recommended that businesses regularly review their overhead costs, implement cost-saving measures, and invest in technologies that streamline operations and reduce overhead expenses.
Related Project Materials
AN INVESTIGATIVE STUDY ON THE CAUSES AND SOLUTIONS TO STUDENTS UNREST IN NIGERIA (A CASE STUDY OF ILE IFE OSUN STATE)
Background Of The Study
Higher institution is the institution which one attends to after his secondary...
ASSESSMENT OF MENTAL HEALTH SUPPORT FOR VOCATIONAL STUDENTS
ABSTRACT: This study investigates the importance of mental health support for vocational st...
CARE ECONOMY AND FEMALE LABOUR PARTICIPATION IN ABAKALIKI
Background of the study
One of the most striking phenomena of recent times has been the extent t...
INTERNAL CONTROL SYSTEM AS A TOOL FOR EFFICIENCY IN THE MANAGEMENT OF SMALL AND MEDIUM SCALE ENTERPRISES IN ILORIN
ABSTRACT
The main objective of this study is to ascertain the efficiency of internal control system as...
THE EFFECT OF SOCIAL MEDIA ON PRACTICE OF PUBLIC RELATION
Abstract
The effect of social media has increased among consumers around the world, causing an increase in the adoption...
THE ROLE OF EARLY CHILDHOOD EDUCATION IN FOSTERING INCLUSIVITY
ABSTRACT: This study investigates the role of early childhood education in fostering inclusivity among young children. Objectives include asse...
AN EVALUATION OF E-LEARNING AND ITS IMPACT ON STUDENTS ACADEMIC PERFORMANCE IN TERTIARY INSTITUTION
BACKGROUND OF THE STUDY
The use of information and communications technology (ICT) to improve and/or as...
A STUDY OF THE IMPACT OF PERIODONTAL DISEASE ON ORAL HEALTH RELATED QUALITY OF LIFE
ABSTRACT
Despite being acknowledged as the second global burden of oral disease, periodontal disease ha...
THE IMPACT OF LIFELONG LEARNING POLICIES ON VOCATIONAL WORKFORCE READINESS
Abstract: The impact of lifelong learning policies on vocational workforce readiness is cri...
ADULT EDUCATION IN NIGERIA: THE CONSEQUENCE OF NEGLECT AGENDA FOR ACTION
ABSTRACT
This research with title adult education in Nigeria: the consequence of neglect agenda for action is an active...
