AN EVALUATION OF COST OF PACKAGING AND PROFITABILITY OF A MANUFACTURING ORGANIZATION

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RESEARCH INFORMATION

[icon type=”icon-pencil”]: AN EVALUATION OF COST OF PACKAGING AND PROFITABILITY OF A MANUFACTURING ORGANIZATION
[icon type=”icon-book”]: Chapter 1 – 5
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[icon type=”icon-doc-line”]: Ms Word format

This study,AN EVALUATION OF COST OF PACKAGING AND PROFITABILITY OF A MANUFACTURING ORGANIZATION contains concise information that will serve as a framework or guide for your project work. The project study is well-researched for academic purposes and are usually provided in complete chapters with adequate References.

Keywords:AN EVALUATION OF COST OF PACKAGING AND PROFITABILITY OF A MANUFACTURING ORGANIZATION


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RESEARCH BODY

ABSTRACT

The purpose of this research work is to evaluate the impact of cost of packaging on profitability of a manufacturing company. In the course of this study, Gongoni Company Nigeria Ltd., Kano was adopted as the case study with the aim of trying to analyze its cost of packaging in enhancing profit and increase in sales. The study findings clearly indicates that cost of packaging of Gongoni Company Nigeria Ltd. products is one of the determinates of sales and continuous increase in return on investment and among the company’s product, Rambo insecticides, Mosquito coils, Zeptol disinfectants, MrKleen detergents,  Air freshener, Lubricants, Agricultural products e.t.c For this work, the exploration and descriptive research design were used also primary sources of data which involves the use of first hand information and secondary sources which uses information that already exist were used to source for information. The research instruments used for data collection was personal interview and questionnaires were administered. The sample size used for the work is 228, comprising of 29 staffs of Gongoni Company Nigeria Ltd, 199 customers (distributors, retailers and consumers) of the company’s products. Finally, the percentages and Chi- Square was used in analyzing and presentation of data.

The findings showed that the cost of packaging of organizations product increases profitability. It was also discovered that the cost expended on packaging of products affects the profitability of the organization; the cost expended on packaging enhances the general sale volume of the products; there is no profitability with little cost expended on packaging; the organization experience problems such as (Improper financial Planning, Insufficient Sales, Production of badly made product and poor branding) when the organization expend little cost on packaging and consumers are attracted to the company’s product because of the level of packaging. The study recommended that manufacturing firms should periodically evaluate how consumers respond to their product packaging so as to enhance the competitiveness of their products in the market.

TABLE OF CONTENTS

CHAPTER ONE

1.0     INTRODUCTION

1.1    BACKGROUND OF THE STUDY

1.2    STATEMENT OF THE PROBLEM

1.3    OBJECTIVES OF THE STUDY

1.4    RESEARCH QUESTIONS

1.5   STATEMENT OF HYPOTHESIS

1.6    SIGNIFICANCE OF THE STUDY

1.7    SCOPE OF THE STUDY

1.8    LIMITATIONS OF STUDY

1.9   BRIEF HISTORY OF THE ORGANIZATION (GONGONI COMPANY NIGERIA LTD, KANO)

CHAPTER TWO

2.0    REVIEW OF RELATED LITERATURE

2.1    THE CONCEPT OF PACKAGING

2.2    THE STRATEGIC IMPORTANCE OF PACKAGING

2.3    PACKAGING COST

2.3.1    PLACE OF PACKAGING COST

2.3.2    REDUCTION IN COST OF PACKAGING FOR PROFITABILITY

2.3.4    FACTORS AGAINST THE REDUCTION OF PACKAGING COST

2.3.5    IMPORTANT ITEMS OF PACKAGING COSTS

2.3.6    COST REDUCTION BY IMPROVEMENT IN PACKAGING

2.3.7     METHODS OF COST SAVING IN PACKAGING FOR PROFITABILITY

2.3.8    ELIMINATION OF HIDDEN PACKAGING COSTS

2.3.9    STEPS TO SAVINGS OF PACKAGING COST TO ENHANCE PROFITABILITY

2.3.10    TOTAL SYSTEM COSTS FOR PACKAGING MATERIALS

2.3.11   MINIMIZATION OF PACKAGING COSTS FOR PROFITABILITY

2.3.12   PACK COST INDEX

2.4        PROFITABILITY OF MANUFACTURING FIRMS

CHAPTER THREE

3.0    RESEARCH METHODOLOGY

3.1   INTRODUCTION

3.2 RESEARCH DESIGN

3.3 SOURCES OF DATA COLLECTION

3.4    INSTRUMENT FOR DATA COLLECTION

3.5    POPULATION OF THE STUDY

3.6    SAMPLING PROCEDURE

3.7    DETERMINATION OF THE SAMPLE SIZE

3.8    METHOD OF DATA ANALYSIS

CHAPTER FOUR

4.0    DATA PRESENTATION AND ANALYSIS

4.1  INTRODUCTION

4.2    TESTING OF HYPOTHESIS

4.3   DISCUSSION OF FINDINGS

CHAPTER FIVE

5.0    SUMMARY, CONCLUSION AND RECOMMENDATION

5.1 INTRODUCTION

5.2 SUMMARY

5.3   RECOMMENDATIONS

5.4CONCLUSIONS

BIBLIOGRAPHY

Keywords: AN EVALUATION OF COST OF PACKAGING AND PROFITABILITY OF A MANUFACTURING ORGANIZATION


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Keywords: AN EVALUATION OF COST OF PACKAGING AND PROFITABILITY OF A MANUFACTURING ORGANIZATION

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