Measurement of Labour Efficiency for Maximizing Profitability of Manufacturing Firms (a Study of Saclux Paint Nig. Ltd. Umuahia, Abia State)
Measurement of Labour Efficiency for Maximizing Profitability of Manufacturing Firms (a Study of Saclux Paint Nig. Ltd. Umuahia, Abia State)
ABSTRACT
The objective of the study were to ascertain the measurement of labour efficiency for maximizing profitability of manufacturing firms. Since the primary aim of every business is to make maximum profits. In order to achieve the basic objectives, most especially those that engage in manufacturing activities struggle hard to carryout smooth and successful production and sales operations. The numerous factors that hinder firms form large rate of inflation, depreciating value of Naira, law capacity utilization and intense competition, using Saclux Paints Nig. Ltd as the case study, to end this, the researcher proceeded to data collection through questionnaires after reviewing the...