Value Added Service And Organizational Growth Using Correlation Method (A Case Study Of Cowbell Nigeria Plc)

Project and Seminar Material for Business Administration and Management BAM

Value Added Service And Organizational Growth Using Correlation Method (A Case Study Of Cowbell Nigeria Plc)


Chapter One


Introduction

1.1 Background of the study

In today’s dynamic business environment, companies are faced with the need to positively impact the customer by taking on specific responsibilities to increase their value impact. Organizations have developed a set of strategies to address this interface between the needs of the company, the products, and the associated business needs in day-to-day business operations around the world.

Many organizations, such as banks and some manufacturing companies in Nigeria, are motivated by the need to generate more and more profits, which is the only goal of any business. To achieve this goal, some companies do not respond well to the needs of host communities, the well-being of employees (often cheap labor), environmental protection and community development. Research has shown that value-added services can increase the profitability, sustainability, integrity and reputation of any company that incorporates it into its policy.

Nkanga (2007) postulated that value-added services imply the obligation for businesses to contribute to the customer. The policy of introducing value-added services should not be motivated by higher profits. In Nigerian organizations, it is common to make the provision of value-added services one of their missions. Organizations need to understand that the specification of value-added services as part of their guiding principles involves stakeholders.


1.2 Problem statement

Despite the recent emphasis on value-added services in Nigeria, manufacturing organizations are still a problem. Most organizations still see no reason for the acceptance of value-added services. Companies that have accepted and reluctantly accepted value-added services are doing so at a profit.

This study examines the problems and perspectives of customer services and their impact on organizational performance in Nigeria.


1.3 Purpose of the study

The broad objective of this study is to examine how of value added services in the affect the business growth of cowbell Nigerian. Specifically, the study is designed to:

Investigate how value added services (value added services) influences organisational growth in the Cowbell Nigeria.

Cross-examine the difference between level of perceived customers’ patronage and brand loyalty among companies that practices value added services and organisations that donot practice value added services in the Cowbell Nigeria.

Analyse how value added services adoption influences organisational performance and profitability.


1.4 Significance of the study

The importance of this dissertation is not just to analyse the practice of value added services but to understand the current practice, the level of understanding of value added services cowbell. The study aims to help the cowbell Nigeria take a comprehensive approach to customer service strategy. The study will also be of interest to research institutes and individual researchers interested in accounting standards and will use the results for further research. This study will encourage researchers to identify the effectiveness and efficiency of the customer services. The research will help individual companies understand their position relative to the customer service and business growth.


1.5 Study hypothesis

To provide empirical answers to the research questions above, the following research hypothesis were developed. They are as stated below;

H01: Value added services (value added services) does not influence organisational reputation in the Cowbell Nigeria.

H02: There is no significant difference between level of perceived customers’ patronage and loyalty among companies that practices value added services and those that doesn’t in the Cowbell Nigeria.


1.6 Scope and Limitations of the Study

The study scope is limited to investigating the impact of international public sector accounting standard (IPSAS) in Nigeria public service in Lagos state civil service. Limitation faced by the research was limited time and financial constraint


1.7 Definition of Basic terminologies

Performance:

Performance is the manner in which an organization functions, operates, or behaves in the society.

Stakeholder:

This study describes a stakeholder as a person or group with a direct interest, involvement, or investment in a business organization e.g. the employees, stockholders, and customers of a business organization.

Hypothesis:

Hypothesis is a tentative statement about relationships that exist between two or among many variables. It is a conjectural statement about relationships and need to be tested and subsequently accepted or rejected.

Theories and laws:

A hypothesis, if it is true, state a law. Therefore, the hypothesis is a law like a statement. Law is defined as a statement of invariant relationship among observable or measurable properties.


Value Added Service And Organizational Growth Using Correlation Method (A Case Study Of Cowbell Nigeria Plc)


Project Material Download

3,000 Naira


The complete material will be sent to you in just 2 steps.

Quick & Simple…


Step One Purchase

Make payment of ₦3,000: through USSD Transfer, Bank Mobile App, ATM Transfer, or POS Transfer to:

Access Bank PlcAccount No.: 0811003731
Name: Samphina Academy
Account Type: Current

Or Click Here to pay with Debit Card

FOR CLIENTS OUTSIDE NIGERIA:
Click Here to pay with Debit Card ($15)
GHANA – Make Payment of 60 GHS to MTN MoMo, 0553978005, Douglas Osabutey 

  PAY WITH CRYPTOCURRENCY


Step Two Purchase

Send the following details through Text Message or WhatsApp Messenger | +234-8143831497

  • Payment Details 
  • Email Address 
  • Value Added Service And Organizational Growth Using Correlation Method (A Case Study Of Cowbell Nigeria Plc)

The complete material will be sent to your email address after receiving your payment information | T & C Apply


  Contact Our Help Desk


You may also like:

⚠️ Need a different topic? Perform a quick search



Get A Complete Business Plan For Any Business In Nigeria

Business Plan for Businesses in Nigeria

  Business Plans in Nigeria


Value Added Service And Organizational Growth Using Correlation Method (A Case Study Of Cowbell Nigeria Plc)


Disclaimer

This research material “Value Added Service And Organizational Growth Using Correlation Method (A Case Study Of Cowbell Nigeria Plc)” is for research purposes and should be used as a guide in developing your research project / seminar work. For no reason should you copy word for word (verbatim) as samphina.com.ng will not be liable for any who copied the material.

The aim of providing this material is to reduce the stress of moving from one school library to another all in the name of searching for research materials. This service is legal because, all institutions permit their students to read previous projects, books, articles or papers while developing their own works. According to Austin Kleon “All creative work builds on what came before”.

samphina.com.ng is only providing this material “Value Added Service And Organizational Growth Using Correlation Method (A Case Study Of Cowbell Nigeria Plc)” as a reference for your research. The paper should be used as a guide or framework for your own paper. The contents of this paper should be able to help you in generating new ideas and thoughts for your own research. Use it as a guidance purpose only.


How to defend your research work


This is a general guide on how to defend your research work:

1. Prepare For Questions:

If you are preparing for questions that may be asked during your defense, then your answers will flow smoothly and effectively. This will prove your knowledge on the subject e.g “Value Added Service And Organizational Growth Using Correlation Method (A Case Study Of Cowbell Nigeria Plc)“, and strengthening your argument. Ask friends and family, read your work for them to listen to your presentation, and write down questions. You may be lucky the panel will ask you those you have already prepared on.

2. Strong Summary:

Summarizing your chapters will help keep your audience focused because it is easy for a mind to drift, so providing summaries will ensure your panel will follow along, even if they lose focus for a brief moment. Visual aides, such as graphs and power-point presentations can be very helpful. If you are going to use these, make sure you will practice your presentation with them.

3. Be Confident in Your Research Work:

Not knowing your topic “Value Added Service And Organizational Growth Using Correlation Method (A Case Study Of Cowbell Nigeria Plc)” inside out will cause you to struggle and ultimately fail with your defense. You need to know the subject from every angle to ensure you are fully prepared for any question that may come your way.

4. Conclusion:

Reinforce your findings to conclude your defense. The finale of your presentation should focus on proving the work that has been done. You may need to recap on what has changed and remained unchanged, if is necessary.

5 . Listen:

Before you get defensive or recite a particular answer, make sure you truly understand the question being asked. Being a good listener is an important quality, because providing an inaccurate or off-topic answer will also weaken the validity of your paper.


Frequently Asked Questions


What is the value added approach to calculating gross domestic product?

The Value-Added Approach to Calculating Gross Domestic Product. The total value added at all stages of production is what is then counted in gross domestic product, assuming of course that all stages occurred within the economy’s borders rather than in other economies.

What is the specific goal of a value added service?

The specific goal of a value-added service is to promote the primary business or core product and attract consumers, thus serving as an example of sales promotion tactic, as well as to define further the unique selling proposition or differentiation of the business or its brand and product, thereby serving as a part of promotion in marketing.

What are the advantages of the value-added approach?

The value-added approach is also helpful when dealing with goods where some inputs to production are not produced in the same time period as the final output. Since gross domestic product only counts production within the specified time period,…

Can after-sales services add value to the core product?

Note that the concept of value-added service can with after-sales services depending on its implementation. Nevertheless, different organizations have different ways to add value to their core product.

How do you calculate the value added approach to GDP?

It can be calculated in three different ways: the value–added approach (GDP = VOGS – IC), the income approach (GDP = W + R + i + P +IBT + D), and the expenditure approach (GDP = C + I + G + NX). What is value added approach? Value Added Approach To Gnp.

What is the meaning of gross value added GDP?

Gross value added is the output of the country less than the intermediate consumption, which is the difference between gross output and net output. Gross value added is related to GDP through taxes on products and subsidies on products. 1 what is value added GDP?

How do you calculate the value added of a country?

It can be calculated in three different ways: the value-added approach (GDP = VOGS – IC), the income approach (GDP = W + R + i + P +IBT + D), and the expenditure approach (GDP = C + I + G + NX).

What is the formula for calculating gross domestic product?

This GDP formula takes the total income generated by the goods and services produced. GDP = Total National Income + Sales Taxes + Depreciation + Net Foreign Factor Income Total National Income – the sum of all wages, rent, interest, and profits

What are the benefits of Value Added Services?

Value-added services allow businesses to provide more comprehensive benefits, which has become an essential tool in increasing customer satisfaction. Using these services is especially vital in operations based on customer trust. Supply chain and logistics is one of the most competitive sectors, and adding value can give your organization an edge.

What is the definition of Value Added Services?

The term “value added services” is used to refer to options that complement but a core service offering from a company but are not as vital, necessary or important. This term is used in many industries, most notably the telecommunications industry.

What are value added services in healthcare?

“Most value-added services are centered around one of two concepts — cost or convenience,” says Judi Grupp, president of ActiveCare Network, a provider of vaccine, injection, and infusion services throughout the United States.

What are the benefits of value added?

Adding value to a product or service helps companies attract more customers, which can boost revenue and profits. Value-added is effectively the difference between a product’s price to consumers and the cost of producing it.

What are the advantages of the value-added approach?

The value-added approach is also helpful when dealing with goods where some inputs to production are not produced in the same time period as the final output. Since gross domestic product only counts production within the specified time period,…

What are the advantages of market value added (MVA)?

Advantages of Market Value Added (MVA) 1 Makes companies more attractive to potential investors#N#Investors will always prefer companies with higher MVA because… 2 Boosts the survival chances of a company More …

What are the advantages of Economic Value Added (EVA)?

The following Some outstanding advantages of economic value added (EVA) below are: EVA may be a tool that helps to focus managers’ attention on the impact of their decisions in increasing shareholders’ wealth.

How to differentiate your core product offering through value additions?

The easiest and most effective solution is differentiation through product offerings. More specifically, you can enhance your core product offering through value-adds. As Investopedia explains it, “Value-added describes the enhancement a company gives its product or service before offering the product to customers.

Do you add value to your product or service?

The real issue, though, is that in today’s market place where so many products and services are viewed as a commodity, the ability to add value to your product or service is an absolute necessity. There is no doubt that in the absence of value-added components virtually any product or service can be driven down to the most bottom line – price.

What is an example of value added service?

Complementary freebies collectively represent a prime example of value-added service. These free products or services complement the functionality or usability of the primary product. Including freebies not only allow the sales of these complements but also enhances the sales value of the primary product.

How can you enhance your core product offering?

More specifically, you can enhance your core product offering through value-adds. As Investopedia explains it, “Value-added describes the enhancement a company gives its product or service before offering the product to customers. 

Samphina Academy

Samphina Academy is an Online Educational Resource Center that is aimed at providing students with quality information and materials to aid them in succeeding in their academic pursuit.