CONTRIBUTION OF PURCHASING RESEARCH TO BUSINESS ORGANIZATION
ABSTRACT
This is a research study on the contribution of purchasing research to the business organization. this research project is written to analysis critically the strategies involved in the contribution of purchasing research how it will profit the organization and the basic need to adopt the purchasing research for the profitability of an organization. it will help to gather useful information about the product which is to be purchased and to ensure the quality and the quantity and at a good price. It is also intended to make useful suggestions and recommendation that will help in purchasing materials for the organization.
The language used is simple enough to be understood by the headers. This research project has been collected personally by full observation and study. Chapter one of the project is focus on the background of the study, brief history of the company, statement of the problems, objective of the study, significant of the study, scope of the study, limitation of the study.
Chapter two deals on research review the related literature. Chapter three is based on the presentation of data analysis. chapter four centers on testing of hypothesis, while chapter five is all about the summary, conclusion and recommendation also with bibliography.
CHAPTER ONE
1.0 INTRODUCTION
1.1 OVER VIEW/BACKGROUND OF THE STUDY
The recognition of the contribution of purchasing research in the industrial and technological development in Nigeria has principal accounted for significant economic development in Nigeria. The contribution of purchasing research is important because Nigeria is striving toward industrialization. Purchasing research part of marketing and the main pilot of commercialization plays a vital role for its success by introducing various findings to effective marketing strategies. This brings to focus on the contribution of purchasing research to business organization purchasing research makes available information. A vital tool for decision making which is a function of management. The acquisition of information for decision making is achieved through searching, collection and analysis of data obtained. It involves going through old records as well new ones to making comparisons, and selections based on the finding purchasing research is a discipline approach to problems and prospects of ensuring efficiency, and profitability in marketing of goods and services. Purchasing research enables us to see the basic contribution this study will make towards effective and efficient method of harnessing our resources. This will make way for a speedy economic development of Nigeria. The purpose of this project is to show clearly the contribution of purchasing research in business organization.
