INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Cost control is a vital element in the management aspect of functional activities that covers all aspects of an enterprise.
It was first performed in a routine manner by clerks, but with the advent of professional management skills, it has evolved in to a more sophisticated function with a far reaching effect on a company’s profit.
This study will critically examine the constituents of cost management, such as production cost and control, purchasing cost and control, marketing cost and control, and other non-manufacturing cost and control.
Various cost control techniques will also be highlighted to provide the management of Nigerian Bag Manufacturing Company a pool of casting techniques that will assist them in maximizing profit.
REVIEW OF RELATED LITERATURE
This chapter reviews literatures relating to the theme and sub themes of these study major ideas of this section are groped and presented under the following subheadings;
2.1 Concept of Cost Control
2.2 The Production Control
2.3 Labour Cost and Control
2.4 Marketing Cost and Control
2.5 Techniques for Cost Control
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2014, 11). The Effect Of Cost Control On Profit Maximization (a Case Study Of Nigeria Bag Manufacturing Company) Plc, Iganmu Lagos State.. ProjectStoc.com. Retrieved 11, 2014, from https://projectstoc.com/read/4845/the-effect-of-cost-control-on-profit-maximization-a-case-study-of-nigeria-bag-manufacturing-company-plc-iganmu-lagos-state-7338
"The Effect Of Cost Control On Profit Maximization (a Case Study Of Nigeria Bag Manufacturing Company) Plc, Iganmu Lagos State." ProjectStoc.com. 11 2014. 2014. 11 2014 <https://projectstoc.com/read/4845/the-effect-of-cost-control-on-profit-maximization-a-case-study-of-nigeria-bag-manufacturing-company-plc-iganmu-lagos-state-7338>.
"The Effect Of Cost Control On Profit Maximization (a Case Study Of Nigeria Bag Manufacturing Company) Plc, Iganmu Lagos State.." ProjectStoc.com. ProjectStoc.com, 11 2014. Web. 11 2014. <https://projectstoc.com/read/4845/the-effect-of-cost-control-on-profit-maximization-a-case-study-of-nigeria-bag-manufacturing-company-plc-iganmu-lagos-state-7338>.
"The Effect Of Cost Control On Profit Maximization (a Case Study Of Nigeria Bag Manufacturing Company) Plc, Iganmu Lagos State.." ProjectStoc.com. 11, 2014. Accessed 11, 2014. https://projectstoc.com/read/4845/the-effect-of-cost-control-on-profit-maximization-a-case-study-of-nigeria-bag-manufacturing-company-plc-iganmu-lagos-state-7338.
- Related Works
- The Role Of Accounting In The Control Of Public Expenditure In Nigeria (a Case Study Of Central Bank Of Nigeria (cbn)
- The Role Of A Statutory Auditor In Controlling Fraud In Government Owned Establishment
- Accounting System In An Oil Industry (a Case Study Of Shell Petroleum Development Company
- Management Crisis In Banking Industry
- Cost Control In Managing Industries: A Case Study Of West Africa Milk Company Plc., Lagos
- The Role Of Budgeting In Public Sector Management (a Case Study Of Ethiope East Local Government Area Of Delta State)
- The Role Of Accounting In Nigeria
- Management Accounting Techniques In Manufacturing Firms (a Case Study Of Nigeria Breweries Plc. Aba)
- Audit Report And Its Impact On The Activities Of Business Organisation In Nigeria
- The Effects Of Strategic Planning On Corporate Performance In University Education: A Study Of Babcock University