THE INFLUENCE OF COST EFFICIENCY ON BUSINESS COMPETITIVENESS
- 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 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.
Related Project Materials
THE CONCEPT OF SULH IN ISLAMIC LAW: A CASE STUDY OF THE PRACTICE AND PROCEDURE OF THE KATSINA STATE SHARIA COURTS
ABSTRACT
This study entitled “The Concept of Sulh in Islamic Law: A Case Study of the Practice and Procedure of the Katsina State S...
THE MIND OF CHRIST: A PARADIGM TOWARD A BIBLICAL THEOLOGY OF TRANSFORMATIONAL AND PROACTIVE RESPONSES TO VIOLENCE
ABSTRACT
Christianity seems to be losing focus on violence and the Christian response. Therefore, this work sought for responses to viole...
THE IMPACT OF EARLY CHILDHOOD EDUCATION ON MORAL DEVELOPMENT
ABSTRACT: The impact of early childhood education on moral development is...
THE IMPACT OF FINANCIAL ACCOUNTING STANDARDS ON SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)
ABSTRACT
THE IMPACT OF FINANCIAL ACCOUNTING STANDARDS ON SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) is investigated in this study, focusin...
AN ASSESSMENT OF ACCOUNTING INFORMATION SYSTEM AND THE GROWTH OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA
Background of the study
Accounting is critical to the success or failure of modern commercial organizat...
DESIGN AND IMPLEMENTATION OF NETWORK ACTIVITY MONITORING SYSYTEM. (A CASE STUDY OF ANAMBRA STATE FEDRAL INLAND REVENUE SERVICES, F.I.R.S)
BACKGROUND OF STUDY
The Federal Inland Revenue service (FIRS) is one of the federal ministries charged with the responsibility of accessi...
ASSESSING THE ROLE OF EARLY CHILDHOOD EDUCATION IN PROMOTING INCLUSIVE GROWTH
ABSTRACT: Assessing the role of early childhood education in promoting inc...
A TRUANCY EVALUATION AMONG SECONDARY SCHOOL STUDENTS: EXPERIENCE OF NIGERIA
BACKGROUND OF THE STUDY
One of the greatest issues confronting Nigerian society today is citizens'...
AN ASSESSMENT OF PUBLIC ACCOUNTING METHODS IN MERGER AND ACQUISITION
AN ASSESSMENT OF PUBLIC ACCOUNTING METHODS IN MERGER AND ACQUISITION
ABSTRACT
The study aims to assess the eff...
EFFECT OF HOME DELIVERY ON MATERNAL AND CHILD HEALTH OUTCOME AMONG WOMEN OF CHILD BEARING AGE IN OWO, ONDO STATE
ABSTRACT
This study was carried out on the effect of home delivery on maternal and child health outcome...
