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Impact Of Effective Stock Keeping And Control In An Organization
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1.7 THE LIMITATION OF THE TERMS OF STUDY
An investigation of this kind is confronted with several limitation, its limitation are as follows:
a.
Financial Problem: Financing this project has been a trying experience,
because of the prevailing economic condition in the society, so the
researcher is unable to travel and cover many places of interest in
order to gather comparable data of information for the research work.
b.
Limited time factor: Due to the schedule of academic activities for
every final year students both in National Diploma of the polytechnic is
lactic, the researcher needs to attend classes, read other courses that
is related to her course of study, collect data/information from to the
polytechnic which she would have loved to do but due to limited time
factor, the researcher was unable to do so.
c. Natural factor: This
also act as a hindrance to the study, this project work is disturbed
from effects of regular rainfalls and hot whether, wind thereby, hinders
the researcher’s movement in bid to collect data/information and
distribution of questionnaires to respondents.
d. Transportation
problem: The researcher was also confronted with transportation
problems, he wasted so much time on the road or on the vehicle boarded,
and thereby making her to reach her place of choice of information from
the school libraries.
1.8 DEFINITION OF TERM
For the purpose of
enhancing the understanding key terms and concepts used in this
researcher, here are the definition of terms and concepts used in the
context and the meaning assigned to them for the purpose of this study.
They include:
Efficient: This study means performing or functioning
in the best possible manner with the least waste of material, time and
effort; having and using requisite knowledge, skill and industry.
Store
keeping: This is a process of ensuring stock held by the organization
is supplied to those parts of the organization that needs them.
Organization: Refers to the combination of people or individuals efforts working in pursuit of certain common purpose.
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ABSRACT - [ Total Page(s): 1 ]The effect of stock control in an organization is so vital in both large and small firm whether in the public or private sector. Serious operational and financial breakdowns can result if a good stock control system is not operated by the stores. Every stock control system must be designed to meet the particular needs of the organization. Stock control is set up in any organization to assists in the production of goods and service and no substantial size can be efficiently manage without it. The ... Continue reading---
