IMPACT OF STOCK TAKING IN AN ORGANIZATION
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
An independent activity within an organization to review of purchasing and financial policies of the organization are fully implemented as well as malting policies and procedure guideline on stock-taking, account, financial, asset ands liabilities of the department. It has immensely helped in the management of the organization. Despite, there is also improvement in areas like decision making regarding the stock-taking and ensuring the completeness and accuracy of the organization book and other operation as basic for service to management. This study examined the impact of stock taking in an organization and was aimed at investigating the impact of stock taking and its influence on productivity as well as ascertaining the problems and benefit to be gained from it. The method used in collecting data was a survey research method and the sample size used for the study was Ninety-six (96). One hundred (100) questionnaires were administered and a total of Ninety-six were returned by the respondents who were chosen from Fan Milk Nigeria plc, Rivers state. The outcomes of study were presented in tables while chi-square statistical analysis tool was employed to test the hypothesis formulated in the research. The test result showed a significant relationship between stock taking and productivity and the result also showed that stock taking also has relationship with productivity. This indicated that inventory management was an important tool that could assist the organization to achieve her numerous objectives and improve productivity. The research recommended that managers must ensure that necessary materials are supplied to the department at the right time, so as to ensure effective and efficient operation in the organization, the store officer must also ensure regular inspection of the stores especially areas in which materials are stored and handled, to ensure that unused materials are carefully disposed.
Related Project Materials
The Effect of Green Certifications on Rental Yields in Kaduna’s Real Estate Market
Background of the Study
Green certifications, such as Leadership in Energy and Environmental Design (LEED), BREEAM, and...
IMPACT OF GOVERNMENT EXPENDITURE ON NIGERIAN ECONOMIC GROWTH (1981 – 2010)
ABSTARCT
The work was on the impact of Government Expenditure on Nigeria Growth (1981 – 2010) dealing with secondary data from the...
ROLE OF COMMERCIAL BANKS IN ECONOMIC DEVELOPMENT OF DEVELOPING COUNTRIES
Abstract
It could be affirmative to say that the index for measuring any growing economy’s advanc...
IMPACT OF PRODUCT QUALITY ON SALES VOLUME IN NIGERIAN BOTTLING COMPANY
ABSTRACT
The research is focused on the impact of product quality on sales volume in Nigerian Bottling Company. The...
Design of a Quantum Computing-Based Intrusion Detection System for Nigerian Universities: A Case Study of Usmanu Danfodiyo University, Sokoto
Background of the Study
Cybersecurity in academic institutions is paramount due to the sensitivity of research and personal...
A Comparative Analysis of the Impact of Domestic and International Supply Chains on Cost Efficiency: A Study of BUA Group in Kwara State
Background of the Study
Supply chain structures, whether domestic or international, play a pivotal role in determining cost...
Investigation into the Use of AI in Predicting University Student Career Paths: A Case Study of Ibrahim Badamasi Babangida University, Lapai (Lapai LGA, Niger State)
Background of the Study
As universities increasingly focus on preparing students for successful careers, predicting potenti...
ATTITUDE OF MOTHERS TOWARDS IMMUNIZATION IN IKPOBA-OKHA LOCAL GOVERNMENT AREA OF EDO STATE
ABSTRACT
This study is attempted to provide a general information and knowledge about the attitude of mothers toward...
An Investigation of the Impact of Physical Activity Programs Led by Nurses on the Health of Elderly Patients at Federal Medical Centre, Makurdi
Background of the Study
Physical activity is vital for maintaining and improving the health of elderl...
An Appraisal of the Adequacy of Mental Health Education in Nursing Curricula in Federal University, Birnin Kebbi
Background of the Study
Mental health education is a critical component of nursing curricula, preparing...
