The Application of Value Chain Analysis in the Manufacturing Companies:
THE APPLICATION OF VALUE CHAIN ANALYSIS IN THE MANUFACTURING COMPANIES:
A SURVEY OF QUOTED MANUFACTURING FIRMS IN NIGERIA
BY
AZUBUIKE VERA M.U.
DEPARTMENT OF BUSINESS ADMINISTRATION UNIVERSITY OF ABUJA e- mail _ veraiswaiting4u@yahoo.com
ABSTRACT
The United Nations International Trade Laws (The UNCITRAL Model) which replaced the old law of trade and tariff, emphasizes high quality goods, works and services, economy and efficiency, in order words, value for money. The aim of the paper is to check the level of application of the concept of value analysis by manufacturing companies in Nigeria, and the outcome of the application so far, by answering such question as: Are manufacturing companies in Nigeria fully aware of the concept of value chain analysis? Is value analysis applicable in Nigerian operating environment? Is there improvement in companies’ performance as a result of the application of value analysis? The research Hypothesis here is to check the differences in the level of ‘values’ achieved by Nigerian manufacturing firms. If the amount of income realized actually means higher or lower value. Due to the nature of this paper, data were gathered from secondary source only; up to 5 years of annual reports of selected Nigeria manufacturing companies from different sectors like Breweries, food and beverage, conglomerates etc were analyzed. The simple percentage and Bar charts were used to present and explain the findings while the chi-square model was used to test hypothesis, then it was found that the Firms produce relatively the same value level, irrespective of the differences in their actual total income.
THE APPLICATION OF VALUE CHAIN ANALYSIS, A SURVEY OF QUOTED MANUFACTURING FIRMS IN NIGERIA
Introduction:
The essence of operations function is to add value during the transformation process. Value-added is the term used to describe the difference between the cost of inputs and the value or price of out puts. Stevenson (1999):7)
This paper focuses
A SURVEY OF QUOTED MANUFACTURING FIRMS IN NIGERIA
BY
AZUBUIKE VERA M.U.
DEPARTMENT OF BUSINESS ADMINISTRATION UNIVERSITY OF ABUJA e- mail _ veraiswaiting4u@yahoo.com
ABSTRACT
The United Nations International Trade Laws (The UNCITRAL Model) which replaced the old law of trade and tariff, emphasizes high quality goods, works and services, economy and efficiency, in order words, value for money. The aim of the paper is to check the level of application of the concept of value analysis by manufacturing companies in Nigeria, and the outcome of the application so far, by answering such question as: Are manufacturing companies in Nigeria fully aware of the concept of value chain analysis? Is value analysis applicable in Nigerian operating environment? Is there improvement in companies’ performance as a result of the application of value analysis? The research Hypothesis here is to check the differences in the level of ‘values’ achieved by Nigerian manufacturing firms. If the amount of income realized actually means higher or lower value. Due to the nature of this paper, data were gathered from secondary source only; up to 5 years of annual reports of selected Nigeria manufacturing companies from different sectors like Breweries, food and beverage, conglomerates etc were analyzed. The simple percentage and Bar charts were used to present and explain the findings while the chi-square model was used to test hypothesis, then it was found that the Firms produce relatively the same value level, irrespective of the differences in their actual total income.
THE APPLICATION OF VALUE CHAIN ANALYSIS, A SURVEY OF QUOTED MANUFACTURING FIRMS IN NIGERIA
Introduction:
The essence of operations function is to add value during the transformation process. Value-added is the term used to describe the difference between the cost of inputs and the value or price of out puts. Stevenson (1999):7)
This paper focuses
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