EVALUATION OF FACTORS AFFECTING THE CONCEPT OF PROFITABLE AS A GUIDE TO POLICY DECISION
TABLE OF CONTENT
CHAPTER ONE
INTRODUCTION
Background of the study
Statement of the problem
Purpose of the study
Research question
Statement of hypothesis
Significance of the study
Scope and limitation of the study
Definition of terms
CHAPTER TWO
REVIEW OF RELATED LITERATURE
Cost
Uses of cost data
Methods of inventory control
Costing methods
Costing techniques
Chapter THREE
RESEARCH DESIGN AND METHODOLOGY
Area of the study
Population of the study
Sample and sampling determination
Instrument of data collection
Validation of the instrument
Reliability of the instrument
Administration of research instrument
Method of data analysis
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
CHAPTER FIVE
FINDINGS, CONCLUSION AND RECOMMENDATIONS.
Findings
Conclusion
Implications
Recommendations
Bibliography
Appendix
CHAPTER ONE
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 directed towards profitability. Policy decisions made under this concept has a direct effect of increasing and enhancing the general profitability of the manufacturing industries concerned. The origin of this concept can be traced back to the era of industrial revolution. Prior to this era, industrial were run as family concerns but with the industrial revolution, most business grew from the usual family arrangement to large groups. Resources were pulled together and handed over to other people to manage for the owner’s. Naturally, resource owners must expect a profitable returns from the investments, this urgent obligations forced management to seek ways of carrying out their activities so as to make profitable returns to the resource owners. Investment grew in all dimension until the first and second world wars, one would have expected that after the world war industrialization would have been abandoned but as we have seen today, this was fortunately far from being so. Rather a large number of manufacturing industries grew in importance and also in complexity all in a bid to meet the demands and standard set by the developed countries.