THE EFFECTIVENESS OF ADVERTISING ON ORGANIZATIONS PROFIT MAXIMIZATION (A CASE STUDY OF SOME SELECTED HOTELS IN ENUGU URBAN)
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THE NATURE AND CONSEQUENCES OF JUVENILE DELINQUENCY IN NIGERIA: A STUDY OF ENUGU NORTH LGA, ENUGU STATE
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ABSTRACT
This research work is a survey on the effectiveness of Advertising in the maximization profit, with survey of some selected hotel business in Enugu Urban.
Among the objectives of this study is to find out whether the advertisement on hotel services and products actually lead to profit increase. This problem I necessary in view of the fact that some people do believe that hotels could go on with their businesses with or without advertising.
Respondents were randomly selected from Enugu metropolis and the data they provided were analyzed with simple percentage and the statistics techniques. The result obtained indicated the effective advertising is a necessary stimulant of profit maximization in hotel business.
It also shows that the awareness level of hotel advertising by the public is low. The study was able to show that television remains the most fastest medium of hotel advertising, closely followed by Radio.
Finally with some recommendations proffered. The conclusion was also drawn based on the result of the findings.
TABLE OF CONTENTS
Title page
Certification
Dedication
Acknowledgement
Abstract
List of tables
Table of contents
CHAPTER ONE
BACKGROUND OF THE STUDY
- Introduction
- Statement of problem
- Objective of the study
- Research questions
- Research hypothesis
- Significance of the study
- Scope of the study
CHAPTER TWO
REVIEW OF LITERATURE
- Introduction
- Summary of the review
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
- Sources of data
- Sample size
- Sample selection techniques
- Limitations of the study of data analysis techniques
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
- Questionnaire distribution and returns
- Analysis of data
CHAPTER FIVE
Summary, discussion, recommendation and conclusion
References
Bibliography
Appendix
CHAPTER ONE
BACKGROUND OF THE STUDY
- INTRODUCTION
Prior to the era of industrial revolution, the pattern and method of salesmanship was both crude and cumbersome because the gap between the productive and consumption sectors of society was small and manageable. However with the present complication and sophistication among both the producers and consumers occasioned by high level of economic and technological developments, business are now re-shaping, re-focusing, re-positioning and re-directing their operations and marketing strategies in order to face obvious challenges posed but modern day marketing.
Every business concern has a major objectives for which it was established but whatever may be the goal, the overriding force undoubtedly remains profit maximization.
To accomplish the foretasted, these business make conscious efforts of findings out what their customers want, producing them, creating the needed awareness on the availability of these goods and services and offering them at the right place, time and cost. It is by so doing that such a business can assuredly claim greater percentage of the market share and at the center of these activities is the pivot, the stimulant, the propelled, the sole of business called advertisement.
Advertising as one of the strangest promotional tool remains a strong force in the hands of business entities. A popular saying has it that, if you do not blow your triumph, no body is going to do that for you, for only when actually know where you are. Advertising does this and more for organizations especially the hotel business. It creates awareness, package the product services etc. present it to the intended consumer and assists him in making the right choice.
The following definitions and opinions by some authorities and schools of thought on the meaning and roles of advertising, will perhaps give more insight into the concepts.
According to Staton W.I, advertising consists of all the activities in presenting
to a group of non-personal oral or visual openly sponsored message regarding a
products services or idea.