THE IMPACT OF MARKETING RESEARCH AS AN AVENUE FOR PROFITABILITY: A CASE STUDY OF COCA-COLA NIGERIA PLC
ABSTRACT
The study reviews the need for marketing research in a business organization set to make profit. The company under study Coca-Cola Nigeria Plc do state, prove to be one that have imbibe the culture of the marketing research. The general statistics from data gathered indicated that the staffs of the company are aware of the benefit derivable from marketing research. The data also shows that the company presently embarks on research effort, not depending on government assistance. The strategies are steam from findings got from marketing research made. The various types of research were also rewarded in the study. The fact that marketing research may be disadvantageous under some situation was also considered.
TABLE OF CONTENT
CHAPTER ONE
Introduction
Background of the study
Statement of the problem
Purpose of the study
Basic assumption
Hypothesis
Significance of the study
Limitation of the study
Definition of terms
CHAPTER TWO
Literature Review
CHAPTER THREE
Research design
Population of the study
Sample of the study
Sampling techniques adopted
Validation of instrument
Method of data collection
Method of data analysis
CHAPTER FOUR
Presentation of data and discussion of results
CHAPTER FIVE
Summary, Conclusion, and Recommendations
REFERENCES
APPENDIX
CHAPTER
INTRODUCTION
- BACKGROUND TO THE STUDY
Over the years, the field of marketing had proven to be a dynamic one. Its transformation from the simple act of buying and selling to a complex system which is regarded as the success of an organization word… is evident to that effect. Marketing is very important to any organization since its success would depend largely on the scale of product of service. Marketing research is of immense importance in the management of business enterprise for centuries.
Although, its development was accelerated by the industrial revolution, marketing research remained crude, minor over the centuries. It did not become common a significant part of a firms marketing strategy, until the advent of the technological revolution after World War II, which included a proliferation of new and more complex consumers and product, increased economic of scale, new markets and encouraged the geographical expansion of business operations. One result of this post war development has been an increase in the number of business failure and the cost of bad divisions.
THE IMPACT OF MARKETING RESEARCH AS AN AVENUE FOR PROFITABILITY: A CASE STUDY OF COCA-COLA NIGERIA PLC