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Effective Use of Internal Control System

EFFECTIVE USE OF INTERNAL CONTROL SYSTEM


CHAPTER ONE


Introduction

The coca-cola company is one of the biggest beverage companies in the world, Established in May 1886, coca-cola was invented by Doctor John Pemberton a pharmacist form Atlanta, Georgia. John Pemberton concocted the coca-cola formula in a three legged brass kettle in his backyard. The name was a suggestion given by John Pemberton’s bookkeeper Frank Robinson. Being a bookkeeper, Frank Robinson also had excellent penmanship; it was him who first scripted “coca-cola” into the following letters which has become the famous logo of today.

The soft drink was first sold to the public at the soda fountain in Jacob’s pharmacy in Atlanta on May 8, 1886. Sales for that first year added up to a total of about $50. The funny thing was that it cost John Pemberton over $70 in expenses, so the first year of sale was a loss.

Until 1905, the soft drink, marketed as a tonic, contained extracts of cocaine as well as the caffeine – rich kola nut.

In 1887, another Atlanta pharmacist and businessman, Asa Candler bought the formula for coca-cola from inventor John Pemberton for $2,300. By the year 1890’s coca-cola was one of America’s most popular fountain drinks, largely due to Candler’s aggressive marketing of the product. With sales over 4000% between 1890 and 1900.

Advertising was an important factor in John Pemberton and Asa Candler’s success and by the turn of the century, the drink was sold across the United States and Canada. Around the same time, the company began selling syrup to independent bottling companies licensed to sell the drink. Even today, the US soft drink industry is organized on this principle.


CHAPTER TWO

2.0 Literature Review

2.1 Introduction

The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …


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TABLE OF CONTENTS

PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION



    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies
    • 2.5 Research Gaps
    • 2.6 Summary of Literature Review

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”


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