Project Topics, List of Project Topics, Research Project Topics
COST CONTROL AS AN INSTRUMENT FOR PERFORMANCE EVALUATION: PROBLEMS AND REMEDIES (A CASE STUDY OF CHAMPION BREWERIES PLC, UYO)

COST CONTROL AS AN INSTRUMENT FOR PERFORMANCE EVALUATION: PROBLEMS AND REMEDIES (A CASE STUDY OF CHAMPION BREWERIES PLC, UYO)


2,176 marked this research material reliable.
Call or whatsapp: +2347063298784 or email: info@allprojectmaterials.com
Department: accounting project topics | Type: Project Topics | Project Topics and Materials | List of Project Topics | Research Project Materials | Journals | Thesis | Articles | Online Project Materials | Business Plan | Final year project topic | Format: Ms Word and PDF | Attribute: Documentation Only | Pages: 88 Pages | Chapters: Complete Research work from Chapter 1 to 5; All chapters | Inclusive: Abstract, Preliminary Pages, Table of Contents and Appendices | Cost: ₦ 5,000.00


COST CONTROL AS AN INSTRUMENT FOR PERFORMANCE EVALUATION: PROBLEMS AND REMEDIES (A CASE STUDY OF CHAMPION BREWERIES PLC, UYO)

PROJECT TOPICS AND MATERIALS ON COST CONTROL AS AN INSTRUMENT FOR PERFORMANCE EVALUATION: PROBLEMS AND REMEDIES (A CASE STUDY OF CHAMPION BREWERIES PLC, UYO)


CHAPTER ONE

INTRODUCTION

1.0   BACKGROUND OF THE STUDY

The continuous operation and sustenance of study organization, be it profit making or non-profit making, depends upon the availability of sufficient information required for its operation. Information generally is required for planning, co-ordinating and decision making in an entity.

Information has varied dimensions and uses and the cost crucial of it all to the health of an establishment is the cost information which is an uproot or is the cost information system, which is an important to life and health of a business as the flow of blood is to the life and health of an individual. Robert Mary (1995).

The main objective or goal of a firm that engages in commercial or manufacturing activities is profit maximization. Profit maximization in the view of Pandey (2005) implies that a firm either produces maximum output for a given amount of output. The underlying logic of profit maximization is efficiency. It is assured that profit maximization causes the efficient allocation of resources and profit is considered as the most appropriate measure of a firm’s performance.

Today, business and firms are controlled and directed by professional management. The life and health continuous operation of the firm is saddled upon the company’s management.

Therefore, for a company’s management to be effective in the discharge of its responsibility of ensuring the continuous operation of the business and increasing shareholders wealth and maximizing profit, cost management (cost control) must be an integral feature of it. This system will enable business mangers to monitor, evaluate and trim expenditures.

According to Lucey (2002), the purpose of control by the managers of a firm is to help to ensure that operations and performance conform to the plans. In organizational system, control is exercised by the use of informational report that tell management about a company’s activities. Cost control therefore encompasses to all managements effort to influence the actions of individuals who are responsible for performing tasks, incurring cost and generating revenues. Cooper and Kaplan (1991).

Cost control works best as part of manager’s routine management and it needs to be carefully managed because whilst it clearly helps to cut wasteful activities, careless cost cutting can lead to falling quality and poor morale.

 

1.1   STATEMENT OF THE PROBLEM

For an entity to operate efficiently and effectively and to ensure the going-concern concept of accounting, it requires adequate information about cash flows within and outside the firm for making decision on resource mobilization, allocation, utilization and stewardship reporting. The main aim of an entity is profit maximization and satisfaction in case of non-profit oriented organization. These can only be achieved if the cost relating to an entity’s routine activities are adequately managed through the system of cost control and company’s management can achieved the goals of the company.

However, things have fallen apart in recent years. Many shareholders of a company have suffered untold hardships. The profit maximization instead of increasing has been decreasing or stagnated. The objective of an entity has proven to be unachievable or total failure. Some company’s manager has cost their job while some still manages the firm with series of conditions spell out by shareholders. Most firms have wound up despite managers attempts to ensure continuous operation of the company.

In recent time, there have been series of allegations that entity resources are inefficiently managed. That most decisions on spending of company’s fund are not referenced to budget and those control reports which are informational report are not factual and are not produced on time.

As a result of these observations and experiences, the researcher is of the opinion that non-existence of a detailed cost system competency of personal handling various cost centers, poor design of procedures and standards for reporting and evaluation by managers militates against achieving the objectives of company. Therefore, the researcher has undertaken to research on cost control as an important element in performance evaluation; problems and remedy.

 

1.2   PURPOSE OF THE STUDY

The reason why the researcher undertakes this research is to assess how cost control aids in performance evaluation, and also the problems associated with cost control and how the problems can be solved or minimized.

 

1.3   OBJECTIVES OF THE STUDY

                The following are the objectives to be achieved in the study:

  1. To assess how cost control serves as an instrument for performance evaluation.
  2. to examine the problems associated with cost control in an organization.

iii.     To find out how the manager of an organization perceive the cost control system.

  1. To identify the various processes involved in the implementation of cost control system in an organization.
  2. To recommend methods and techniques to be used in overcoming the hindrances of implementing cost control system so as to eliminate the problems of not attaining the organizations objectives.

 

1.4   RESEARCH QUESTION

  1. Does the organization have a system of cost control for performance evaluation?
  2. What are the problems or effects caused by a cost control system if not implemented in an organization?
  3. How long does it take the organization to prepare a work performance report?

DOWNLOAD COMPLETE WORK FOR COST CONTROL AS AN INSTRUMENT FOR PERFORMANCE EVALUATION: PROBLEMS AND REMEDIES (A CASE STUDY OF CHAMPION BREWERIES PLC, UYO)


Additional Information

  • The Project Material is available for download.
  • The Research material is delivered within 15-30 Minutes.
  • The Material is complete from Preliminary Pages to References.
  • Well Researched and Approved for supervision.
  • Click the download button below to get the complete project material.

Frequently Asked Questions

In-order to give you the best service available online, we have compiled frequently asked questions (FAQ) from our clients so as to answer them and make your visit much more interesting.

We are proudly Nigerians, and we are well aware of fraudulent activities that has been ongoing in the internet. To make it well known to our customers, we are geniune and duely registered with the Corporate Affairs Commission of the republic of Nigeria. Remember, Fraudulent sites can NEVER post bank accounts or contact address which contains personal information. Free chapter One is always given on the site to prove to you that we have the material. If you are unable to view the free chapter 1 send an email to info@researchcub.info with the subject head "FREE CHAPTER 1' plus the topic. You will get a free chapter 1 within an hour. You can also check out what our happy clients have to say.


Students are always advised to use our materials as guide. However, if you have a different case study, you may need to consult one of our professional writers to help you with that. Depending on similarity of the organization/industry you may modify if you wish.


We have professional writers in various disciplines. If you have a fresh topic, just click Hire a Writer or click here to fill the form and one of our writers will contact you shortly.


Yes it is a complete research project. We ensure that our client receives complete project materials which includes chapters 1-5, full references, questionnaires/secondary data, etc.


Depending on how fast your request is acknowledged by us, you will get the complete project material withing 15-30 minutes. However, on a very good day you can still get it within 5 minutes!

What Clients Say

Our Researchers are happy, see what they are saying. Share your own experience with the world.
Be polite and honest, as we seek to expand our business and reach more people. Thank you.

A Research proposal for cost control as an instrument for performance evaluation: problems and remedies (a case study of champion breweries plc, uyo):
Reviews: A Review on cost control as an instrument for performance evaluation: problems and remedies (a case study of champion breweries plc, uyo), cost, control, instrument project topics, researchcub.info, project topic, list of project topics, research project topics, journals, books, Academic writer.
For an entity to operate efficiently and effectively and to ensure the going-concern concept of accounting, it requires adequate information about cash flows within and outside the firm for making decision on resource mobilization, allocation, utilization and stewardship reporting. The main aim of an entity is profit maximization and satisfaction in case of non-profit oriented organization. These can only be achieved if the cost relating to an entity’s routine activities are adequately managed through the system of cost control and company’s management can achieved the goals of the company. However, things have fallen apart in recent years. Many shareholders of a company have suffered untold hardships. The profit maximization instead of increasing has been decreasing or stagnated. The objective of an entity has proven to be unachievable or total failure. Some company’s manager has cost their job while some still manages the firm with series of conditions spell out by shareholders. Most firms have wound up despite managers attempts to ensure continuous operation of the company. In recent time, there have been series of allegations that entity resources are inefficiently managed. That most decisions on spending of company’s fund are not referenced to budget and those control reports which are informational report are not factual and are not produced on time. As a result of these observations and experiences, the researcher is of the opinion that non-existence of a detailed c.. accounting project topics

COST CONTROL AS AN INSTRUMENT FOR PERFORMANCE EVALUATION: PROBLEMS AND REMEDIES (A CASE STUDY OF CHAMPION BREWERIES PLC, UYO)

Project Information

Share Links

Download Post (MsWord)
Download Post (PDF)

Search for Project Topics

Project topics in Departments

How much does it cost to hire a writer in Nigeria?

Looking for Professional Approach and Quality Research Services ?

Estimating the cost of research writing in Nigeria: Freelance writers in Nigeria may charge anywhere from ₦5,000 to ₦50,000 or more per project, depending on the factors mentioned earlier. SEO-focused content may be on the higher end of this range due to the additional skills and research involved. For a more accurate estimate, it's recommended to reach out with us, discuss your specific requirements, and request a quote based on the scope of your project. Prices can vary, so getting personalized quotes will help you determine the cost more precisely.

Undergraduate Project Topics, economics project topics, marketing project topics, business administration project topics, engineering project topics, computer science project topics, banking & finance project topics, education project topics, law project topics, sciences project topics, public administration project topics, political science project topics, mathematics project topics, medical science project topics, mass communication project topics, research projects, geology project topics, marketing project topics, agriculture project topics, Browse Thousands of Final Year Project Topics, hire a writer, Research Works and Materials, Project topics and materials in Nigeria, Undergraduate Project Topics, Research Works and Materials, research topics, research project materials, complete project materials, computer science project material, free project topics, complete projects, accounting topics, small business topics, entrepreneurship topics, project materials, Nigerian undergraduate projects, business administration projects, computer science topics and projects, MBA Nigerian project topics, human resources, small businesses, entrepreneurship projects, economics projects, impacts projects, effect projects, university projects, polytechnic projects, investigate projects, political science projects, mass communication projects, project topics, human resource projects, education projects, French topics, project analysis, French projects, project tips, project abstract, project proposals, project bibliography, project reference, project seminar, forex, TSA, treasury single account, currency, naira, devaluation, undergraduate projects, final project research, marketing project topics, statistics project topics, mathematics project topics, statistics, mathematics, research projects, project thesis, labour force theses, NCE, OND, HND, BTECH, BSC, MBA, MSC, English projects, linguistic project topics, Free Project topics and materials in Nigeria, research topics, reseach project materials, computer science project material, free, complete, accounting topics, small business topics, materials, nigeria projects, business administration projects, computer science topics and projects, MBA nigeria project topics, human resources, small business, entrepreneurship projects, economics projects, impact projects, effects projects, training, budgets, ghana, university, polytechnic, browse Free project materials and topics in Nigeria, accounting and finance project materials, business administration project materials and topics, human resources, entrepreneurship, computer science and engineering project materials and topics, Accounting project topics, Accounting project topics and materials, Agricultural Economics Project Topics and Materials, Agricultural Science Projects topics and materials, All Project topics and materials, Architecture Project topics and materials, Aviation project topics and materials, Banking & Finance Projects topics and materials, Biology project and materials, Building project topics and materials, Business Administration & Management Projects topics and materials, Chemical Engineering Project Topics and materials, Civil Engineering Projects topics and materials, Communication & mass communication art project topics and materials, Computer Engineering Project Topics and materials, Computer Science Projects topics and materials, Criminology project topics and materials, Economics Research Projects topics and materials, Education Project Topics and Materials, Electrical Engineering Projects and materials, English Education & English Language Project topics and materials, Food Science project topics and materials, Geology Project Topics and materials, Guidance Counseling Project Topics and materials, History project topics and materials, Home Economics Project Topics and Materials, Human Resource Projects topics and Materials, Industrial Chemistry Projects topics and materials, Insurance Projects topics and materials, Law project topics and materials, Library and information science project topics and materials, Marine and Transport management project topics and materials, Marketing Projects topics and materials, Mathematics project topics and materials, Medical Sciences Project Topics and materials, Microbiology project topics and materials, Nursing and Midwifery project topics, Nursing and Midwifery project topics and materials, Optometry or nursing project topics and materials, Petroleum Engineering project topics and materials, Pharmacy project topics and materials, Philosophy project topics and materials, Photography project topics and materials, Physical and Health Education project topics and materials, Physiology project topics and materials, Political science project topics and materials, Project topics and materials, Psychology project topics and materials, Random project, Religious and Cultural Studies Project Topics and Materials, Sociology and Anthropology Project topics and materials, Sociology Project Topics and materials, Tourism project topics and materials, Vocational education project topics and materials. Project Topics: List of Project Topics | cost control as an instrument for performance evaluation: problems and remedies (a case study of champion breweries plc, uyo) | cost | control | instrument Project Topics | researchcub.info