Impact Of Advertising On Consumer Patronage

CHAPTER ONE INTRODUCTION 1.1    Background of the Study                          The essence of being in business by any business outfit is to produce for sales and profits. In order to remain in business, an organization must generate enough sales from its products to cover operating costs and post reasonable profits. For many organizations, sales estimate is the starting point in budgeting or profit planning. It is so because it must be determined, in most cases, before production units will in turn affect material purchases. Due to the dynamic nature of the environment in which businesses…