This study was undertaken to find out the relevance of profitability to business performance and also to provide means by which profit can be maximized. It investigated the techniques put in place by an organization to maximize profit and recommended ways by which improvement could be made. A sample of thirty personnel were drawn from the population for field survey. Data collected from respondents through questionnaires, observation and interview were analyzed using applicable statistical analytical method. Frequency distribution table, percentage table and chi — square test method were used to analyze responses to some question that had direct relationship with the subject matter of the study. After testing the hypothesis question, The final result says there is correlation between profitability and the service rendered to customers and also employers and employee relationship have significant impact on the company’s profit. Having carried out detail analysis, it was observed that improving on the capital employed ratio and with all the findings in the research work and the
recommendation , Tantalizers plc Ado — Ekiti will be able to maintain effective profitability standard.
TABLE OF CONTENT
Statement of the problem
Purpose of the study
Scope of the study.
Significance of the study.
Limitations of the study.
Definition of relevant terms.
Background of the case study.
What profitability means.
Different types of profit.
Different ways of determining profit.
Financial /Ratio analysis.
Tools in financial analysis.
Profitability tools in measuring performance.
Significant of profitability in performance appraisal.
Advantages of profitability ratio in performance appraisal.
Limitations of profitability ratio analysis.
Accounting policies in profit.
Research population and sample.
Method of data collection.
Method of data analysis.
Presentation and analysis of data.
Respondents characteristics and classification.
Data analysis and presentation.
Testing of hypothesis
Summary, conclusions and recommendations.
Summary of findings.
PROFITABILITY AS A TOOL FOR PERFORMANCE APPRAISAL OF AN ORGANIZATION.(A CASE STUDY OF TANTALIZERS PLC ADO - EKITI BRANCH)
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