Appraisal of Management Performance of Small/Medium Sized Enterprise (SME’s) in the Manufacturing Sector using Multiple Regressions (Yasimo Plastic Company a Case Study)

Abstract

The goal of any business enterprise is to make profit. Profit planning and profit maximization is measured based on certain key performance indicators and all these are considered in the budget. Management utilizes these essential factors to assess the effectiveness of the process and how decisions can be influenced in achieving the main objective of the company. In this study we appraised the performance of Yasimo Plastic Company limited using its total annual profit, total annual sales and total annual expenses. Multiple Regression analysis was run with SPSS to predict profit from sales and expenses. The result shows that these variables statistically insignificantly predicted profit.