ABSTRACT
THE INFLUENCE OF COST EFFICIENCY ON BUSINESS COMPETITIVENESS
This research explores the influence of cost efficiency on business competitiveness, focusing on: (1) the relationship between cost efficiency and competitive advantage; (2) the strategies for achieving cost efficiency; (3) the challenges in maintaining cost efficiency. A survey design is justified for this study to gather broad, quantitative data. Using Taro Yamane's formula, a sample size of 310 respondents from Port Harcourt is selected, representing a mix of industries. A manufacturing firm is chosen as the case study due to the significant impact of cost efficiency on its competitiveness. The survey instrument has a reliability coefficient score of 0.87. Findings show that businesses that achieve high levels of cost efficiency gain a competitive advantage by offering lower prices or higher margins. Techniques such as process optimization, lean management, and technology adoption are highlighted. It is recommended that businesses continuously seek ways to improve cost efficiency, invest in training for staff, and leverage technology to streamline operations and reduce costs.
ABSTRACT: Innovations in Integrating Artificial Intelligence into Vocational Curricula is an evolving subject crucial for modernizing educatio...
ABSTRACT
The child abuse menace is as old as the birth of the first child, until very recently child maltreatment has ne...
ABSTRACT
The study examined the influence of the “Not too Young to Run” campaign on Instagr...
Abstract: This study examined the role of digital literacy in early childhood l...
ABSTRACT
The goal of designing sustained release or controlled release delivery system is to reduce the frequency of dosing or to increas...
ABSTRACT
This research is focused on verb and adverbial phrases, their uses and problems in contextual grammar. Data was...
ABSTRACT: This research explores the influence of early childhood education on global interconnectedness among young children. Objectives incl...
The study examines philosophical survey in the morality of spinoza in the l...
ABSTRACT
The subject of intellectual property rights without doubt, has attained considerable universal prominence, especially in its eve...
ABSTRACT
This study was carried out to examine the relevance of Africa traditional religion in this mod...