Impact Of Effective Purchasing System On Profitability Of Bakeries In Umuahia (A Study Of Selected Bakeries In Umuahia)
ABSTRACT
This research work investigated
the effect of effective purchasing system on profitability of the firm. It also
measures the relationship between purchasing cost and profitability and sales
volume. 50 respondents were selected purposively and data collected through self-administered
questionnaires. Data was analyzed with simple descriptive statistics and
correlation model. The findings indicate that there is a strongly positive
relationship between purchasing cost and profit. Sales volume is also positively
related to cost. It is recommend that a trained purchasing personnel should
handle the purchasing activities of the firm.
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MICHAEL, U (2021). Impact Of Effective Purchasing System On Profitability Of Bakeries In Umuahia (A Study Of Selected Bakeries In Umuahia). Repository.mouau.edu.ng: Retrieved Dec 27, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-effective-purchasing-system-on-profitability-of-bakeries-in-umuahia-a-study-of-selected-bakeries-in-umuahia-7-2
UNIVERSITY, MICHAEL. "Impact Of Effective Purchasing System On Profitability Of Bakeries In Umuahia (A Study Of Selected Bakeries In Umuahia)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 19 Jul. 2021, https://repository.mouau.edu.ng/work/view/impact-of-effective-purchasing-system-on-profitability-of-bakeries-in-umuahia-a-study-of-selected-bakeries-in-umuahia-7-2. Accessed 27 Dec. 2024.
UNIVERSITY, MICHAEL. "Impact Of Effective Purchasing System On Profitability Of Bakeries In Umuahia (A Study Of Selected Bakeries In Umuahia)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 19 Jul. 2021. Web. 27 Dec. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-effective-purchasing-system-on-profitability-of-bakeries-in-umuahia-a-study-of-selected-bakeries-in-umuahia-7-2 >.
UNIVERSITY, MICHAEL. "Impact Of Effective Purchasing System On Profitability Of Bakeries In Umuahia (A Study Of Selected Bakeries In Umuahia)" Repository.mouau.edu.ng (2021). Accessed 27 Dec. 2024. https://repository.mouau.edu.ng/work/view/impact-of-effective-purchasing-system-on-profitability-of-bakeries-in-umuahia-a-study-of-selected-bakeries-in-umuahia-7-2