Home » Business Admin. and Management » THE ROLE OF RETAILING BUSINESS IN THE DEVELOPMENT OF NIGERIA ECONOMY
THE ROLE OF RETAILING BUSINESS IN THE DEVELOPMENT OF NIGERIA ECONOMY
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 65 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 5,690 times
INSTANT PROJECT MATERIAL DOWNLOADABSTRACT
This research was conducted to investigate the problems militating against retailing institutions in Nigeria with emphasis on City Gift Supermarket, Enugu.
The problem investigated are competitions inferior goods, high rate, inefficient shop keeping and mismanagement of funds, poor merchandise planning inadequate control system and high price of goods and insurance of price changes.
The method of investigation adopted were interview and questionnaires, for collecting primary data and information for the study. Secondary sources were also collected for secondary data and information chi-square (X2) method of the data analysis and significance testing was used while percentage were described by the data collected.
The result of the findings is that a retailing business of City Gift Supermarket, Enugu has not been operating with satisfactory profit due to mismanagement problems and many other reasons. The conditions needed is that most retailing establishment including, City Gift Supermarket, Enugu in Nigeria has problems and losses due to mismanagement, high process, poor merchandising planning and inefficient shop-keeper. The following recommendations were being made to ameliorate the condition of City Gift Supermarket.
Finally, they should employ efficient personnel to keep and manage the merchadise so as to plan and control adequately.
Their prices should be reviewed from time to time to be in consonance with market price and also confortable arrangement will be made for customers shopping. This is not all, high quality goods should be stocked so that customers will contain a required loyalty for the shop. The shop should also operate less tender pricing to more customers.
Goods should also be fancifully displayed so that window stopper will become the actual buyers.
Above all there should be a good persuasive in house salesperson who can use persuasive tactice to achieve volume sales for City Gift Supermarket, Enugu.
CHAPTER ONE
INTRODUCTION
Retailing is the final link between producers of goods and services and the ultimate consumers. Retailing is the last stage in the distribution of goods and services, the earliest retailing activity could be seen from the European craftsman and those people that produces what they gold to the users, craftsman could be gold smiths, silversmiths and tailors, the traveling merchants made the development between European and other outside countries by carrying goods from place to place according to needs. As the traveling merchants move on, they operate their trading activities.
As marketing stated to play essential roles in industrial activities, they come up with what is regarded as general stores. The general stores stocked so many types of products and they are some how enlarging their stock.
At a time, they need some helpers of marketing activities and those include transportation, communication, banking activities and system with helper of trade, the retailing establishment experienced.
This material content is developed to serve as a GUIDE for students to conduct academic research
DOWNLOAD THIS PROJECT MATERIAL NOW!
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
THE ROLE OF OFFICE POLITICS IN SHAPING THE ORGANIZATIONAL CULTURE OF EDUCATIONAL INSTITUTIONS IN BUE...
CHAPTER ONE INTRODUCTION Background of the Study Politics is an integral aspect of human existence. Politics is perceived by many as an inevitable ...More »
Item Type: Project Material | 54 pages | 1,422 engagements |
- 2.
THE IMPACT OF OFFICE POLITICS ON EMPLOYEE ENGAGEMENT IN THE IT SECTOR OF CAMEROON
CHAPTER ONE INTRODUCTION Background of the Study Politics is a fundamental component of human existence. It is well acknowledged that this feature ...More »
Item Type: Project Material | 54 pages | 1,275 engagements |
- 3.
THE ROLE OF INTERNAL AUDITING IN PROMOTING EFFECTIVE FINANCIAL ACCOUNTABILITY IN THE CAMEROONIAN PUB...
CHAPTER ONE INTRODUCTION Background of the Study According to the Institute of Internal Auditors (2018), internal auditing is a practice that is...More »
Item Type: Project Material | 54 pages | 1,262 engagements |
- 4.
STRATEGIES FOR IMPROVING INTERNAL AUDITING IN SMALL SCALE BUSINESSES IN YAOUNDE, CAMEROON
CHAPTER ONE INTRODUCTION Background of the Study Contemporary businesses must negotiate complex and constantly evolving contexts that present nu...More »
Item Type: Project Material | 54 pages | 1,112 engagements |
- 5.
OFFICE POLITICS: EXAMINING THE PSYCHOLOGICAL EFFECTS ON EMPLOYEES IN THE HOSPITALITY INDUSTRY OF CAM...
CHAPTER ONE INTRODUCTION Background of the Study Politics inside an organisation is unavoidable and has a substantial influence on the level of ...More »
Item Type: Project Material | 54 pages | 669 engagements |
- 6.
OFFICE POLITICS: ASSESSING ITS CONSEQUENTIAL EFFECT ON EMPLOYEE PRODUCTIVITY IN THE MANUFACTURING SE...
CHAPTER ONE INTRODUCTION Background of the Study Office politics refers to the deliberate efforts made by individuals to gain social influence on o...More »
Item Type: Project Material | 54 pages | 729 engagements |