Effect Of Demand Management On Profitability
(A Case Study Of Ferdinand Industries Limited, Urulla Ideato North Local Government Area Of Imo State, Nigeria)
This research work will treat in detail the effect of demanding management on profitability. It will also take into account what standard demand does and the check it provides or control such that exceptional profit oriented goal performance can be achieved and on the reverse, adequate punishment to be exercised for bad performance.
Chapter one of this work is going to discuss the brief history of the case under study, statement of the problem, purpose of study, significance of the problem, scope of the study, limitations of the study, assumption of the study.
In Chapter two, the researcher will deliberate on the standard demanding and overview, characteristics of standard demanding, advantages and disadvantages of standard demanding, essential features of standard demanding, standard demand card, types of standard demanding, setting standard, revision of standard etc and the areas standard demanding helps in improving management efficiency.
Chapter three will consider design and methodology, selection of data and analysis, presentation and data analysis, test of hypothesis and interpretation of result.
Finally, chapter five will contain the summary of findings, conclusion from the study, recommendations and suggestions for further research.
The effect of demand management on profitability. The standard demand reveals the goals, spur actions, and provide check or controls such that exceptional profit oriented goal performance can be achieved and on the reverse, adequate punishment to be exercised for bad performance. Demand cause appraised to be made over production facilities and from management intentions and capabilities and is a first step in strength and weakness appraisal.
There also led to the preference of standard demanding to other methods with the development of standard of standard demanding system in 1920s, it was brought into the accounting system that total variances might be accumulated as well as detailed variances.
It is believed that standard demanding helps management to plan for future, and if any justification is required for this project on the effects of standard demanding on profitability’s and managerial effectiveness of a manufacturing industries.
Firstly, the financial management should penetrate into every cranny of the enterprise and indoctrinate all management in their working habits. Secondly, demand should be given the maximum attention while emphasis on the effects.
Finally, since revenue less demand gives balance profit, the profit should be increase as it is what industry is aiming at.
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Title page
Approval page
Dedication
Acknowledgement
Table of contents
Abstract
CHAPTER ONE:
INTRODUCTION
1.1 Brief Historical of the Case under study
1.2 Statement of the problem
1.3 Purpose of the study
1.4 Significance of the study
1.5 Scope of the study
1.6 Limitation of the study
1.7 Assumption of the study
1.8 Research Hypothesis
1.9 Definition of terms
References
CHAPTER TWO
2.1 Standard Demanding and Overview
2.1.1 Characteristics of Standard Demanding
2.1.2 Misconception of standard demanding
2.1.3 Criticism of standard demanding
2.1.4 Advantages of standard demanding
2.1.5 Disadvantages of standard demanding
2.2 Essential features of standard demanding
2.2.1 Standard Demand Card
2.2.2 Type of Standard
2.2.3 Setting standard
2.2.4 Revision of Standard
2.3 Accounting Variance
2.4 Controllable and Uncontrollable Variance
2.5 Favourable and Unfavourable Variance
2.6 Areas Standard Demanding helps in improving management efficiency
References
CHAPTER THREE
3.0 Design and Methodology
3.1 Selection of Data
3.1.1 Primary Data
3.1.2 Secondary Data
3.2 Collection of Data
3.3 Tools of data Analysis
3.4 Reliability of data
CHAPTER FOUR:
4.0 Data presentation and analysis
4.1 Presentation of data
4.2 Analysis of data
4.3 Testing Hypothesis
4.4 Interpretation of result
CHAPTER FIVE:
5.0 Summary of findings
5.1 Summaries of findings
5.2 Conclusion from the study
5.3 Recommendation
References
Bibliography
Appendices
This “Effect Of Demand Management On Profitability” file contains 5 Chapters, 154 Pages and 16,778 Words.
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