Efficient Materials Management And Logistics For Corporate Profitability- (A Case Study Of British American Tobacco Limited, Nigeria, Zaria)

📄 Project Abstract

The survival of a business enterprise over a long period of time largely depends on the profit it can make. This is because the profit provides the cash (excess of income over expenditure), which is necessary to keep the organization going. The profit provides the financial resources that are needed to meet expenses as they fall due. The profit level usually provides the parameter for measuring the commercial success of a business within a given time period. It sometimes indicates how effective and efficient the business has been able to utilize given resources. It reveals the trends in the movement of the commercial success measured in monetary/financial terms. The higher the level of profitability, all things being equal, the higher the level of the commercial success of the organization, and the longer the organization can sustain itself. This is why a study of how to improve corporate profitability should be of interest to the owners and managers of business organizations. Effectiv...