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It is a well-established fact, that proper financial management and adequate planning is the bedrock of every successful organization. Reports generated from the accounts are among the major tools used by the management of any establishment for policy formulation, major decisions taking etc. Account is the statement of money paid out or to be paid out by an organization, and the ones received or to be received. Due to the trend toward […]
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4,376 Words
The problem which always emanate from inadequate personnel information maintenance and management has been a torn in the flesh of the entire Nigerian society, Enugu state precisely. In other to proffer solution to the existing problems, the project work researched into the modus operandi of personnel database management system of Enugu state. In the process of analysis of the existing system were detected, carefully analyzed and possib […]
55 Pages
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15,962 Words
INTRODUCTION 1.1 BACK GROUND OF THE STUDY In modern economies, prices are generally expressed in units of some form of currency. Although, prices could be quoted as quantities of other goods and services (BARTER SYSTEM). Prices are sometimes quoted in terms of vouchers such as trading stamps. Price sometimes refers to the quantity of payment requested by a seller of goods or services rather than the actual payment amount. One of the m […]
59 Pages
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7,731 Words
INTRODUCTION 1.1 BACK GROUND OF STUDY According to Harper (1977) the concept of profitability can be defined as the concept which provides management with alternative course of action in accordance with the various degrees of profitability stating clearly in relevant cost account form individual projects which enables management to select the most profitable. Most of the policy decision of manufacturing industries are generally directe […]
78 Pages
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9,903 Words
1.0 INTRODUCTION The selection of a vendor is the most crucial concern in the buying process and an acid test of good purchasing. The process includes the continuing surveillance of the relationship between the supplier and the buyer to maintain mutually satisfactory condition of co-operation and interest. Uzor 2004. In selecting sources of supply, purchasing makes decisions that influence not only a firm’s economic success, but also t […]
63 Pages
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10,091 Words
0.1 INTRODUCTION This work has introduced purchasing as a cost saving function in a manufacturing company. It has endeavored to provide a breef insight to the readers and managers and students and professional men and woman in purchasing and supply management, what purchasing as a cost saving function should internal relationship that leads to understanding and harmony among the various units of the expected goal of the company. The re […]
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6,009 Words
1.0 INTRODUCTION The fundamental goal of every business organization is profitability and survivability business environment is very dynastic and unpredictable hence the business manager tries to adopt and adjust to their changes so as to provide insulation against some unforeseen situation product modification is the future of any business and without a continuous of new product such state may die prematurely. According to Oxford adva […]