STOCK MANAGEMENT IN THE HOTEL INDUSTRY (A CASE STUDY OF ROYAL PALACE HOTEL ENUGU)

ABSTRACT This research work on "Stock Management In The Hotel Industry" is intended to introduce the readers to the effective means of avoiding waste in their establishment and in order to avoid running under stock. An objective looks at stock management in the hotel, the activities involved in controlling stock, and roles of the stock keeper at both hotel and other firms. However, this work is arranged into five (5) chapters Chapter one (1) which is the introduction focuses on the background of the study, objectives of the study ,research questions significance of the study, scope and limitation of the study and operational definition of the concept and terms used in the study.  Chapter two (2) centers n the reviews of the related literature relevant to the field of study  among areas of related literature reviews include the concept and the need for Stock Management, Approaches to Stock Management, Cost of handling and storing stock, stock levels, Factors affecting the application of materials Management, Benefits of materials management concept.  Chapter three (3) deals with the methods of research used in carrying out the research works. Where as chapter four (4) centers on the presentation and analysis of data that validate the research findings.  Chapter five (5) is the summary of the findings recommendation and conclusion and areas for further research.   TABLE OF CONTENT Title Pagei Approval page      ii Dedication     iii Acknowledgement     iv Abstract   v Table of Contents  vi
CHAPTER ONE INTRODUCTION 1.1Background of the study 1 1.2Statement of the problem  5 1.3Objectiveof the study6 1.4Research Questions 6 1.5Hypothesis 7 1.6Scope of the study8 1.7Significance of the Study8 1.8Limitation of the Study9 1.9Definition 10
CHAPTER TWO  2.0LITERATURE REVIEW, 2.1The need To Hold Stock12 2.2The Need for stock Management 17 2.3Reasons for Keeping Stock18 2.4Approaches to Stock Management 19 2.5Cost of Handling and Storing Stock22 2.6Stock Levels23 2.7Factors Affecting the Application of Materials 27 2.8Benefits of Material Management 29 References  
CHAPTER THREE 3.0RESEARCH METHODOLOGY32 3.2Treat of Study32 3.3Population of study.32 3.4Sources of Data33 3.5Sample size Determination 34 3.6Research Instrument 35
CHAPTER FOUR 4.1Presentation  and Analysis of Data38 4.2Test of Hypothesis 50 4.3Summary of Result 56
CHAPTER FIVE SUMMARY OF FINDINGS, RECOMMENDATION,CONCLUSION AND AREAS FOR FURTHER RESEARCH 5.1Findings57 5.2Recommendation59 5.3Conclusion60 5.4Areas for Further Research61 Bibliography Appendix