Select Currency
Translate this page

ROLE OF SALES MANAGEMENT IN ACHIEVING PROFIT OBJECTIVES OF FIRMS IN NIGERIA

Format: MS WORD  |  Chapter: 1-5  |  Pages: 64  |  770 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE FULL PROJECT

ROLE OF SALES MANAGEMENT IN ACHIEVING PROFIT OBJECTIVES OF FIRMS IN NIGERIA

 

ABSTRACT

This research work is a very crucial study for the entire Nigeria and to the EMENITE LIMITED in particular. The study was motivated by the necessity to ascertain the role of sales management in achieving profit objectives of firms in Nigeria especially Emenite Limited. It is aimed at identifying the extent of satisfaction their customers derive in the management of their sales and to give recommendation which will lead to the solution to the problems if any exist. Data collected from the company was analyzed using tables, frequencies, percentages and standard deviation where necessary to enable the reader make a long lasting satisfaction as a result of reading the manuscript. Based to the hypothesis formulated, the researcher studied the senior and junior staff of the company who are relevant to the study. Statistical formular were adopted to determine the sample size and also test the hypothesis formulated. However, after a critical analysis of the data collected through questionnaire and oral interviews, it was discovered that sales management is the best method of positioning the company’s product in the market.

CHAPTER ONE

1.1 INTRODUCTION

Sales management involves the planning, hiring, directing and controlling of a company’s sales force. Sales managers evaluate their firms competitive position, analyze markets and set goals, recruit, train and motivate sales people to reach these goals and continually strive to improve the quality and productivity of the selling effort for which they are responsible. EDEOGA P.N. (1997: 214).

According to Nwokoye (2000: 236) managing the sales effort of an organization encompasses all effort put together in employing the activities of some sales person (s) in order to achieve organizational targeted objectives. In fact, sales operations are so fundamental to the firms marketing environment that some firms – especially new ones may not even use the term “Marketing” to describe their operations and the top marketing man may have the title of sale managers.

In ADIRIKA E.O ETAL 91996:164) explains sales management as a personal selling jobs previously known as a persuasive environment which is triggered towards persuading customers to buy goods and services to a more integrated jobs of a complex activities in today’s larger marketing function. Its basic area is the tactical marketing which is more important in the area of offering goods and services and also things of value to the customers.

KOTTER AND ARMSTRONG (2001: 583) summarizing the sale management when he said, This only means the analysis, planning, implementation and contrive of sales force activities which encompasses designing sales free strategy and structure and recruiting, selecting, training, compensating, supervising and evaluating the firms sales people. Personal selling is usually regarded as the last bus stop in the total promotional journey. This is because the illiterate objective of most promotional efforta is the sales, but the actual consummation or fruition typically depends on effective selling. Therefore, the organisations general well being and the totality of their objective set up is dependent on the ability and general management of their sales forces in order to be a profit oriented firm.

1.2 STATEMENT OF THE PROBLEMS

Firms in general have been suffering from many problems in an effort put together in order to effectively manage their sales task. As a result, some firms cannot make a reasonable turnover at the end of each financial season. Some of the notable problems includes;

The time taken by the sales managers to design their selling task to each sale person is always long and will lead to so much delays in other hands loosing their market to the competitors. The problem involved in the training the respective sales force to the organisation to enable them achieve what is expected of them by the organisation will be long in such that the company will take a longer days in achieving their sales volume. The manger may at the process of trying to satisfy the longer market by positioning their sales loose to the challenger firms. The decision of what product line a company wishes to sell will effect the early management of their sales task and invariably frustrates the efforts of the people to the marketing field. Sale manager stands a risk of not covering the areas expected of them due to the problem associated with product which may need a proper definition to the consumers concerned. The organization stands a chance of not having so much needed financial capacity to effectively positive their selling task which will result to a low profit margin to the organisations. The sales managers stands a chance of loosen to their competitors because of little understanding of the environment which he has to satisfy or manage.

1.3 OBJECTIVE OF THE STUDY

The broad objectives of this research work is to seek the extent through which sales management can achieve a reasonable profit objective of firms in Nigeria especially EMENITE ROOFING COMPANY limited. In summary, the objective of the research are;

• To determine the effectiveness of sales management in profit objectives of the firm.

• To evaluate the level of satisfaction due to be derived by the firm.

• To investigate the sales performance of the firm with a view of ascertaining its efficiently.

• To determine the impact of sales management in achieving profit objectives of some firms.

• To identify and evaluate the effort towards improving the sales effort of the firm and how the firm would become a profit oriented one.

• To ascertain the impact of sales management in firms marketing environment.

• And to identify the sales performance of the firm and their achievements.

• To also find out the marketing impact of sales force in the Emenite Roofing Industry.

1.4 SIGNIFICANCE OF THE STUDY

The study is designed to be beneficial to the following group of persons;

The study is designed in such that it will reeducate the Emenite roofing company on the basis of sales management, its effectiveness and the extent it will improve firms profit objectives, it will make them understand that sales management or management of sale forces is the starting point of firms profit objective. It is also meant to educate other individuals involving in the same roofing materials in the country and Enugu State in particular about the benefit of managing their sales forces, the extent it will boom their sales efficiently and the general sales volume due to be derived.
It will also be a starting point to some students especially those in marketing department whisking to further this research study.

1.5 SCOPE OF THE STUDY

The scope of this study covers only Enugu State Capital especially Emene in particular where we have EMENITE ROOFING COMPANY is the total environment where they operate in order to derive necessary information for the study.

1.6 FORMATION OF HYPOTHESIS

HYPOTHESIS 1

Ho: Sales management is not the only way of achieving firms profit objective

Hi; Saler management is the only way of achieving firms profit objective.

Hypothesis 2

Ho; Emenite Company is not doing well in the management of their sales task.

Hi;- Emenite company is doing well in the management of their sale task.

Hypothesis 3

Ho; The firms sales management is not efficient and effective in achieving profit objectives.

Hi; The firms sale management is efficient and effective in achieving profit objectives.

Hypothesis 4.

Ho: This firms sales management is not effective in terms of satisfying customers objectives & complaint.

Hi; The firms sale management is effective in terms of satisfying customers objective and complaint

1.7 DEFINITION OF THE TERMS

The language used in the above chapter were all familiar and are basically marketing terms, therefore there is no term worthy of definition.

  DOWNLOAD THE FULL PROJECT

ROLE OF SALES MANAGEMENT IN ACHIEVING PROFIT OBJECTIVES OF FIRMS IN NIGERIA

Not The Topic You Are Looking For?



For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005


HOW TO GET THE COMPLETE PROJECT ON ROLE OF SALES MANAGEMENT IN ACHIEVING PROFIT OBJECTIVES OF FIRMS IN NIGERIA INSTANTLY

  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Musa From Ahmadu Bello University
Thank you iprojectmaster for saving my life, please keep it up and may God continue to bless you people.
Excellent
JONNAH EHIS
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!
Excellent
Abdulrahman Jibrin
Nti Abaji
Nice one work prompt delivery tanx
Very Good
Abraham Ogbanje
NATIONAL OPEN UNIVERSITY OF NIGERIA
At first I was afraid.. But I discovered they are legit. I will bring more patronize
Very Good
Adam Alhassan Yakubu
UDS
Excellent work and delivery , I promise to share my testimonies everyone in need of this kind of work. You're the best
Excellent
Samuel From Ajayi Crowther University
You guys just made life easier for students. Thanks alot iprojectmaster.com
Excellent
Oluchi From Michael Opara University
If you are a student and you have not used iprojectmaster materials, you are missing big time! iprojectmaster is the BEST
Excellent
Joseph M. Yohanna
Thanks a lot, am really grateful and will surely tell my friends about your website.
Excellent
Abdulrazak Bello Marsha
Usman Dan fodio University
It was quite a better guide for project and paper presentation purpoting. Many thanks.
Average
Abubakar Iliyasu Hashim
Federal college of education pankshin affiliated to university of jos
I am highly impressed with your unquantifiable efforts for the leaners, more grace to your elbow.I will inform my colleagues about your website.
Very Good

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on ROLE OF SALES MANAGEMENT IN ACHIEVING PROFIT OBJECTIVES OF FIRMS IN NIGERIA?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on ROLE OF SALES MANAGEMENT IN ACHIEVING PROFIT OBJECTIVES OF FIRMS IN NIGERIA?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for ROLE OF SALES MANAGEMENT IN ACHIEVING PROFIT OBJECTIVES OF FIRMS IN NIGERIA, What do i do?

Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!