Effective And Efficiency Of Working Capital Management On Profitability Of Manufacturing Companies A Study Of Nigerian Bottling Company Owerri, Imo State,
ABSTRACT
Working capital of an enterprise
is important proper secretion and management of working capital management
policies can create competitive advantage. This study aimed to provide
empirical evidence about effect of working capital management companies.
Working capital management and performance management have a meaningful
relationship and selection policy aggressively financial and investment in
working capital will lead to improved management companies. Working capital
management in profitability has been gathered by self made questionnaire and
accuracy of the research hypotheses are examined using ANOVA analysis. From the
test I establish that the components of working capital (cash, debtors, stock
and creditors are efficient managed individually and collectively in NBC PLC
and that contributed to the success of NBC PLC. The researcher can therefore
conclude that effect and efficient management of working capital is a necessary
instrument for the successful operation of NBC PLC in particular and other
business enterprises in general. Inspite of the above conclusion, the researcher
proffered useful recommendations that will help NBC PLC and other companies to
achieve greater efficiency in the management of working capital.
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AMAECHI, C (2021). Effective And Efficiency Of Working Capital Management On Profitability Of Manufacturing Companies A Study Of Nigerian Bottling Company Owerri, Imo State,. Repository.mouau.edu.ng: Retrieved Nov 25, 2024, from https://repository.mouau.edu.ng/work/view/effective-and-efficiency-of-working-capital-management-on-profitability-of-manufacturing-companies-a-study-of-nigerian-bottling-company-owerri-imo-state-7-2
CHINEDU, AMAECHI. "Effective And Efficiency Of Working Capital Management On Profitability Of Manufacturing Companies A Study Of Nigerian Bottling Company Owerri, Imo State," Repository.mouau.edu.ng. Repository.mouau.edu.ng, 01 Sep. 2021, https://repository.mouau.edu.ng/work/view/effective-and-efficiency-of-working-capital-management-on-profitability-of-manufacturing-companies-a-study-of-nigerian-bottling-company-owerri-imo-state-7-2. Accessed 25 Nov. 2024.
CHINEDU, AMAECHI. "Effective And Efficiency Of Working Capital Management On Profitability Of Manufacturing Companies A Study Of Nigerian Bottling Company Owerri, Imo State,". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 01 Sep. 2021. Web. 25 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effective-and-efficiency-of-working-capital-management-on-profitability-of-manufacturing-companies-a-study-of-nigerian-bottling-company-owerri-imo-state-7-2 >.
CHINEDU, AMAECHI. "Effective And Efficiency Of Working Capital Management On Profitability Of Manufacturing Companies A Study Of Nigerian Bottling Company Owerri, Imo State," Repository.mouau.edu.ng (2021). Accessed 25 Nov. 2024. https://repository.mouau.edu.ng/work/view/effective-and-efficiency-of-working-capital-management-on-profitability-of-manufacturing-companies-a-study-of-nigerian-bottling-company-owerri-imo-state-7-2