THE EFFECT OF LEASE AS A MEANS OF PROCUREMENT IN MANUFACTURING ORGANIZATION
- Project Research
- 1-5 Chapters
- Abstract : Available
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- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The essence of this research work is to investigate carefully the effects of lease as a means of procurement in manufacturing organizations. Some selected companies were used as a case study like the studio press Nigeria plc at Lagos and Aluminum extrusion industry plc. While carrying out this research work the researcher reviewed the extent to which some firms have availed themselves to leasing and the effect of lease in tackling the logistic and financial problems of these firms. It was also carried out to examine the problems associated with leasing. To really investigate on this work, an elaborate literature review was carried out and some forms of questionnaire were issued out. The researcher choose a sample of forty eight (48) respondents within two areas of concentration using the stratified random sampling method. Based on the respondents answers to the questionnaires a study was guided by some given hypothesis which were later tested using a distribution called chi-square (X2) method. Some findings were derived from the tested hypothesis, one of them is that leasing is more profitable than outright purchase. Based on these findings recommendations were made and conclusion drawn.
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