AN EVALUATION OF WORKING CAPITAL FOR THE SUCCESSFUL MANAGEMENT OF HAMDALA HOTEL, KADUNA
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ABSTRACT
This research is based on the evaluation of working capital for the successful management of Hamdala Hotel. The research begin with the introduction which contains the background statement of the problems, objective, significance, scope limitation of the study and definitional of terms. Chapter two the research take a critical look at literature review of the entire working capital management, all these are well defined and explained in the chapter, chapter three of the research work explained the research methodology used in collection of data. In chapter four, the researcher analyzed and interpreted the data collected from the table based on the questionnaire distributed finally, chapter five comprises of the summary, conclusion and recommendations.
TABLE OF CONTENTS
Chapter one
-
- Background of the study
-
- Statement of the problem
-
- Objectives of the study
-
- Significance of the study
-
- Research question
-
- Scope of the study
-
- Limitation of the study
- Definition of terms
Chapter two
Literature review
2.1 Introduction
2.2 The concept of working capital
2.3 The need for working capital
2.4 Determination of working capital
2.5 Dimension of working capital management
2.5.1 Management of cash and marketable securities
2.5.2 Objectives of cash management
2..5.3 Cash management strategies.
2.6 Marketable securities
2.6.1 Management of receivable
2.6.2 Factors in credit policy and control
2.7 Cost and benefit of credit extension
2.8 Inventory management
2.8.1 Objectives of inventory management
2.8.2 Levels of inventory management
2.8.3 Inventory management techniques
2.8.4 Assumption of economic order quantity.
CHAPTER THREE
Research methodology
3.1 Introduction
3.2 Research Design
3.3 Area of the study
3.4 Population of the study
3.5 Sample size and sampling techniques
3.6 Instrument of data collection
3.7 validation of instrument
3.8 Reliability of instrument
3.9 method of data collection
3.10 Method of data Analysis.
Chapter four
Data presentation and analysis
4.1 Introduction
4.2 Characteristics of Respondent
4.3 Data presentation and analysis
4.4 Summary Discussion of Findings
Chapter five
5.1 Summary
5.2 Conclusion
5.3 recommendations
Chapter one
Introduction
A firm usually evaluates its working capital management whether small or medium. The sole motive of every business is to make profit.
Many organization can be seen to have bee forced out of business simply because of inadequate or excessive management of working capital.
This could be as a result of overtrading, under trading, lack of a careful appraisal of the procedure of organization of business and probably due to future to review the effectiveness or other wise of existing system of control.
In this chapter, the concept and general principle of working capital in relation to choosing organization of study, there is no company required, but it is an obvious fact that its current assets are insufficient to meet current liabilities, that is there is no working capital. The organization will be unable to satisfy the requirement of its customers and will not be in a position to settle its debts as they arias and will be at the mercy of creditors who might enforce its liquidity.
- background of the study
Kaduna Hotels company limited (Hamdala Hotel) Kaduna, the only premier Hotel in the north and one of the three in the whole name is a wholly owned subsidiary of new Nigeria development company (NNDC) and by extension the government of the nineteen (19) northern states.
The hotel became fully operational in the year 1963. From the in caption of the hotel to the year 1998, the hotel developed to company limited, this makes Hamdala autonomous and is…
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