Abstract
In this project, an attempt has been made to know the impact of negotiation in attaining purchasing practice. This research exposed the importance of negotiation in an organization and who and when a negotiation should be carried out. For an organization to function effectively and efficiently in this procurement, negotiation is very important to attain it. Without an effective negotiation an organization will not or cannot be able to carryout its buying activities effectively. In purchasing and supply, negotiation is vital because without it, it cannot function effectively. An organization enter into negotiation to get a fair and reasonable price in its buying activities. Companies in Nigeria have a relentless goal of keeping their procurement cost down as most of them depend solely on tution fees. In the past, companies would mostly look to make cost-savings from headcount reductions or internal re-organisation. Now they are increasingly turning to procurement and strategic sourcing as a means for cost reduction in procurement. The study examined the impact of effective negotiation in realization of procurement goals in Nigeria Bottling Company PLC. The research was conducted through the use of self-administered questionnaire to obtain primary data. The study had sample size of 206. Purposive sampling technique was used to select respondents that are involved in procurement for the area of the Study. Descriptive analysis and linear regression analysis were used in analyzing the obtained data. The results indicated that effective negotiation is a strong procurement strategy in Nigeria Bottling Company PLC and has a significant impact in realization of procurement goals. The study concluded that Nigeria Bottling Company PLC procurement goals are realizable with effective negotiation strategy.
ABSTRACT
Exchange rate is the price of one currency in terms of another currency.Exchange rate s This exchange rate is also used to deter...
ABSTRACT: Evaluating the Effectiveness of Apprenticeship Tax Incentives in Vocational Sectors is critical for understanding their impact on pr...
ABSTRACT
The study found out the relationship between teachers’ attitude, school environment and student&rsq...
ABSTRACT
Mood disorders (primary major depressive disorder and bipolar affective disorder) constitute one of the world’s greatest p...
Background to the Study
The process of education is not related with innate education, but rather is dependent on the le...
ABSTRACT
Cisplatin is a non-cell-cycle dependent chemotherapeutic agent used in the treatment of several common solid tumours. However, a...
ABSTRACT
This study was undertaken to ascertain if there is any significant difference in the level of achievement of ge...
ABSTRACT
The impact of school environment on teaching and learning was carried out in Niger College Junior Secondary...
BACKGROUND OF THE STUDY
The capacity to convey one's thoughts through a set of signs (text), gestures, and noises is...
ABSTRACT
Biofilm Production on surfaces (animate and inanimate object) by microorganisms has become a major concern now in medical settin...