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Impact Of Purchasing Strategies On Organisational Growth Pz Industrial Plc
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1.2 STATEMENT OF PROBLEMS
i. To present the level of competition in the purchasing industry calls for strategies that will win the customer over.
ii.
To understand what is purchasing, what are services and how company
market their products called services. These are some of the areas this
research emphasis much on.
iii. Ways company can survive and have a
sustainable share of market, it must be able to properly and profitable
market its products.
iv. To also understand at the end of this
research, why company are struggling to stay afloat in the turbulent
business environment.
1.3 OBJECTIVES OF THE STUDY
• To examine the purchasing strategies employed by company in retaining existing customers and attracting new ones.
•
To critically examine the various financial services offered by company
to measure the effectiveness of the purchasing activities employed by
the company also the objective that are intended to be achieved.
• To inquire into the cause of negative perception on the company by the public.
1.4 RESEARCH QUESTION
1. Did the post reform competitive create any impact in the purchasing of purchasing services?
2. Does purchasing have any negative effect on purchasing services?
3. What can purchasing of purchasing services contribute to the development of there industry?
1.5 STATEMENT OF HYPOTHESIS
• Purchasing strategies activities lead to higher profit for an organisation.
• Competition among company lead to better quality of services.
1.6 SIGNIFICANCE OF THE STUDY
i.
The research work is in partial fulfilment for the requirement for the
award of Higher National Diploma (HND) in purchasing and finance.
ii.
The study will help open up the new possible avenue for further
researcher, which will help to widen the knowledge of research.
iii.
The study will give the researcher as well as the public an insight on
the issues, problems and prospect of Purchasing of purchasing in
Nigeria.
1.7 SCOPE OF STUDY
As Anyanwu (2010) point out, a
researcher is not expected to cover a discipline in the course of his
study in line with this statement, this research work would not cover
every thing on this topic, but specially on the relevant aspect of the
impact of purchasing of purchasing service and the post reform of
purchasing strategies in company services delivery in Nigeria.
This
study will examine the various purchasing strategies employed by some
selected company. The focus is on Nigeria company and the study does not
attempt to do comparative analysis of Nigeria company and company in
other countries.
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