INVENTORY VALUATION MANAGEMENT AND CONTROL IN MANUFACTURING ORGANIZATION.

 

 

COMPLETE PROJECT  MATERIAL COST 3000 NAIRA

 

                                   ORDER NOW

We also accept :   ATM transfer , online money  transfer 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

form>

Call Help Desk Line :  08074466939,08063386834.

After Payment Send Your Payment Details To

08074466939 Or 08063386834,   The Project Title  You  Selected On Our Website , Amount Paid, Depositor Name, Your Email Address, Payment Date. You Will Receive Your Material In Less Than 1 Hour Once We Confirm Your Payment.

WE HAVE SECURITY IN OUR BUSINESS.   

MONEY BACK GUARANTEE

You may also need:  web design company in Nigeria   

Bulk sms company in Nigeria

 

 

ABSTRACT

 

The need for holding inventories is invented in any business organization.  The space of the inventory will be properly controlled so that the object of carrying or maintaining adequate inventory lauds at minimum cost can be realized.

The study therefore, examined the system of stock valuation, controlled and management in Emenite Limited. Considering the nature of the study and the company, a lot of data were generated from questionnaire administration and proposal interview conducted on staff of the industry.

Based on the method of data collection, the researcher found out that the system of inventory control is adequate in design and effective in operation as regards the determination of stock levels, which could be attributed to the use of scientific method in determining the quantity and time to order.

The researcher strongly believe that proper and accurate recording of the bin cards, thee use of scientific method in stock level

TABLE OF CONTENTS

CHAPTER ONE

• Background of the study
• Statement of problems
• Purpose of the study
• Scope of the study
• Research questions
• Research hypothesis
• Significance of the study
• Limitation of the study
• Definition of terms

 

CHAPTER TWO

LITERATURE REVIEW

• Purchasing procedure
• Receipt of material
• Accounting Treatment
• Stores Routine
• Inventory Control
• Stock cost
• Inventory control Terminology
• Types control system
• Method of valuing material

 

CHAPTER THREE

• Research Design
• Area of study
• Population of study
• Sample and sampling procedure
• Instruments of Data collection
• Validation of the instrument
• Reliability of the instrument
• Method of Data collection
• Method of Data Analysis

 

CHAPTER FOUR

• Presentation and Analysis of Data
• Testing of hypothesis
• Summary of Result

 

CHAPTER FIVE

• Discussion of Result/Findings
• Conclusions
• Implications of Research Findings
• Recommendations
• Suggestions for further Research

References

Bibliography

Appendages/Appendages

 

 

CHAPTER ONE

INTRODUCTION

• BACKGROUND OF STUDY

Inventory valuation, management and control is the system designed by the management of a firm to control its investment in stock.

 

This is found to be in existence in Emenite limited Emene, which produces roofing sheets and hard boards for ceiling.  The system involves the recording and monitoring of stock levels, knowing when to place orders and how many orders to be placed.  Effective, efficient and economic inventory helps to check the following costs:-

1. Carrying cost which include interest on capital invested in stock
2. Storage charged
3. Store staffing
4. Material handling cost
5. Transportation cost

Since management needs information on inventory as a guide to decision making, inventory handling should not be placed on the basis of trial and error.

 

Material control is an act of -management, which ensures the provision of the required quantity of inventories of the required quantity at the required time.  With the minimum amount of capital tied up.  It embraces stock control procedure, placing of purchasing, receiving, inspecting, storing requirement and issuing of stocks.

 

It is an important and difficult task, inventories are necessary in order to satisfy ever yawing need of customers and smooth running of an organisation, most organisation invest in large number of inventory items, irrespective of the system of storage adopted there must be place for everything are everything in it’s place for the stock weeping system to operate efficiently.

Floor space is very expensive and must be used to the best advantage.  It is therefore necessary to build warehouse for storing materials and provide things for feasible, bins racks and shelves must be provided.

 

 

1.2     STATEMENT OF PROBLEMS

Problems of stock valuation its management and control exist in almost all firms except service oriented organizations.  The problems arise form the fact that most organizations (mainly manufacturing companies) based their stock control on human judgment approach rather than applying modern scientific models like recorder levels which removes entirely all elements of bias in determine stock levels, lead time provision, Economic order quantity (EOQ) and other relevant inventory models are conspicuously ignored.

The relative degree of weakness of the internal control system with respect of stock, leaves much to be desired especially in the…

 

 

Continue reading INVENTORY VALUATION MANAGEMENT AND CONTROL IN MANUFACTURING ORGANISATION. →

THE IMPACT OF EMPLOYEES PARTICIPATION IN DECISION MAKING AND ORGANIZATIONAL PRODUCTIVITY

(A CASE STUDY OF ANAMMCO COMPANY ENUGU)

 

 

COMPLETE PROJECT  MATERIAL COST 3000 NAIRA

 

                                   ORDER NOW

We also accept :   ATM transfer , online money  transfer 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

form>

Call Help Desk Line :  08074466939,08063386834.

After Payment Send Your Payment Details To

08074466939 Or 08063386834,   The Project Title  You  Selected On Our Website , Amount Paid, Depositor Name, Your Email Address, Payment Date. You Will Receive Your Material In Less Than 1 Hour Once We Confirm Your Payment.

WE HAVE SECURITY IN OUR BUSINESS.   

MONEY BACK GUARANTEE

You may also need:  web design company in Nigeria   

Bulk sms company in Nigeria

 

 

 

ABSTRACT

Decision is the point at which plans, policies and objectives are translated into concrete action.  It is noted that Managers, do consider decision making to be the heart of their job in that they must always choose what is to be done, they influences the ordinary employees in decision making.

The objective of the research is to know the impact of employees participation in decision making on organizational productivity in Nigerian public sector organizations.

Structural questionnaires were administered to 210 respondents which include the management (senior) and intermediate staff of the company, through the employees participating in the decision making will result to high productivity in the organization.

Data collected are analysed in a tabular form using a simple percentage of formular to get the findings.  The results were discussed in terms of the need for the employee to participate in the decision making in an organization to boost productivity.

 

 

TABLE OF CONTENTS

CHAPTER ONE:

• Introduction

1.1     Background of study

1.2     Statement of problems

1.3     Purpose of the study

1.4     Scope of the study

1.5     Research Hypothesis

1.6     Significance of the study

1.7     Limitation of the study

1.8     Definition of Terms

CHAPTER TWO

• Review of Related Literature

2.1     The Concept of participation

2.2     Factors that influence participation

2.3     Prerequisites for participation

2.4     Forms of Employees participation

2.5     Different needs for participation

2.6     View Expressed

2.7     Constraints to participate

2.8     Argument for participation

2.9     Argument against participation

References

 

CHAPTER THREE

• Research Design and Methodology

3.1     Research Design

3.2     Area of the study

3.3     Population of the study

3.4     Sample and Sampling procedure

3.5     Instrument for data collection

3.6     Validation of the instrument

3.7     Reliability of the instrument

 

 

• Method of data collection
• Method of data analysis

References

 

CHAPTER FOUR

• Data Presentation and Analysis

4.1     Presentation and Analysis of Data

4.2     Testing of Hypothesis

4.3     Summary of Results

References

 

CHAPTER FIVE

• Discussion, Recommendation and Conclusion

5.1     Discussion of Result/Findings

5.2     Conclusion

5.3     Implications of Result/Findings

5.4     Recommendations

5.5     Suggestions for further research

Bibliography

Appendix

Appendix

 

 

 

CHAPTER ONE

• BACKGROUND OF THE STUDY:

It should be known first that a decision is a choice whereby a person forms a conclusion about a situation Costello, I Wand Zalkind, S.S. (1963 p. 334), confined the term decision making, to a choice process, choosing one from among several possibilities.  However, election theory in Costello, T.W. et al (1963, p. 387) largely considers decision as asking the process of making a single choice among course of action at a particular point in time.  This depicts a course of behaviour about what must be done or vice versa.

 

Decision, however, is the point at which plans, policies and objectives are translated into concrete actions.  Planning engenders decision guided by company policy and objectives, policies, procedures and programmes.  The aim of decision making is to channel human behaviour towards a future goal.

 

Decision making is one of the most germane activities of management.  It has been the preoccupation of all the management of multifarious organization ranging from small-scale organization to multinational corporations.

 

Managers many at times consider decision making to be the heart of their job in that they must always choose what is to be done, who will do it, when, where and most of the time how it will be done.

 

Traditionally, managers influence the ordinary employees and specifically, their immediate subordinate in the organization.  This has resulted in managers making natural decision even in area affecting their subordinates.  In Germany, around 1951, a law enacted which provides for code termination and requires labour membership in the supervisory board and executive committee of certain large corporations.  However, the participation of labour in decision making process results to relatively and peacefully labour management relations.

 

Additionally, the Japanese management WSES decision making by consensus in which lower – level employee initiate the reaches the desk of the top executive.  If the proposal is approved, it is returned to the initiator for implementation.

 

It is in this context, that the researcher wishes to assess the impact of employees participation in decision making on organisational productivity in Nigerian Public Sector organization, using Anammco Company as a case study.

 

 

1.2     STATEMENT OF THE PROBLEM:

There has been a lot of controversy as to whether an employee should participate in managerial decision making or not.  Some writers argued that employees where it affects them or their jobs, it is expected that such participation will serve as training and testing ground for future members of upper management.

In Nigeria, experts that refuted the above assertion see the arrangement as a symptom of organizational.  They maintained that…

 

 

Continue reading THE IMPACT OF EMPLOYEES PARTICIPATION IN DECISION MAKING AND ORGANISATIONAL PRODUCTIVITY →

MANAGEMENT OF CRISES IN AN ORGANIZATION.

(A CASE STUDY OF ANAMMCO PLC EMENE ENUGU)

 

 

COMPLETE PROJECT  MATERIAL COST 3000 NAIRA

 

                                   ORDER NOW

We also accept :   ATM transfer , online money  transfer 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

form>

Call Help Desk Line :  08074466939,08063386834.

After Payment Send Your Payment Details To

08074466939 Or 08063386834,   The Project Title  You  Selected On Our Website , Amount Paid, Depositor Name, Your Email Address, Payment Date. You Will Receive Your Material In Less Than 1 Hour Once We Confirm Your Payment.

WE HAVE SECURITY IN OUR BUSINESS.   

MONEY BACK GUARANTEE

You may also need:  web design company in Nigeria   

Bulk sms company in Nigeria

 

 

TABLE OF CONTENT

CHAPTER ONE

INTRODUCTION

• Background of the Study
• Statement of the Problem
• Purpose of Study
• Scope of the Study
• Research Questions
• Research Hypothesis
• Significance of the Study
• Limitations of the Study

1.9     Definitions of the Study

Reference

 

 

 

CHAPTER TWO

REVIEW OF RELATED LITERATURE

• Organizational Level Crises
• Forms of Organizational Level Crises
• Approaches for Managing Organization Level Crisis
• Intergroup Crisis
• Causes Of Intergroup Crisis
• Management Of Intergroup Crisis
• Background Of Anammco Emene Plc Enugu

References

 

CHAPTER THREE

RESEARCH DESIGN AND METHODOLOGY

• Research Design
• Area of the Study
• Population of the Study
• Sample and Sampling Procedure /Technology
• Instrument for Data Collections
• Validation of the Instrument
• Reliability of the Instrument
• Method of Data Collection
• Method of the Analysis

References

 

CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS

Presentation and Analysis of Data

Testing of Hypothesis

Summary of Result

References

 

CHAPTER FIVE

DISCUSSIONS, RECOMMENDATION AND CONCLUSION

Discussions of Result /Findings

5.2     Conclusions

Implications of the Research Finding

5.4     Recommendations

5.5     Suggestions for Further Research

REFERENCES

APPENDICES

BIBLIOGRAPHY

 

 

 

CHAPTER ONE

INTRODUCTIONS

1.1          GENERAL BACKGROUND OF THE STUDY

Industrial /organizational crisis constitute a very important component of the industrial relations system. They can be seen as any disputes between employers and worker or between workers and workers, which is connected with the employment or terms of employment and deployment or terms of work. They involve the pursuit of incompatible on at least seemingly incompatible goods by two or more parties so that gains for one party result in loss for the other.

Organizational crisis are usually more exciting to observers and so invariably attract greater attention and comment than peace. As a result in all countries, news papers contain more reports about labour disputes than labour harmony.

Keller 1954 holds two views concerning industrial conflict or crises. The harmony. Relation view: holds that conflict is unavoidable and only occurs because of abnormality in a stable and well integrated organization which has restore a natural homoeostasis while the other realistic view: hold that crises is inherent in any human encounter. It performs an integral part in any dynamic social system and is necessary element of change.

Dispute is the essence of industrial relations because the structural features of organization necessarily result in tensions among persons on different strata. The industrial relations system consists largely of maintaining a balance among these tensions in the interest of pressuring a going enterprise.

Organizational crisis are of the most part normal  and even necessary; They  have both advantages and disadvantages for the  enterprise, demands by worker forces management to search for efficiency or for new market in order to meet new demands.

On the other hard, demand which impair the efficiency of the enterprise or result in an unacceptably higher costs to the customer, threaten the enterprise’s future. For the society as a whole workers demands have been an engine for social porgies bringing shorter working how’s, longer holidays, better working conditions and many other improvements over the years. But the welfare of society also may be adversely affected by productivity where prices are forced up or efficiency excessively lowered and by the inflationary effects of increase in labour costs not covered by increase productivity.

Although crises are an element in the maintenance of equilibrium in industries comes abnormal, dysfunctional or pathological. Examples include crises accompanied by pervasive violence and disputes which results in major economic and social disorganization of a community.

In the cost majority of industries, the sources of disputes are to be found in tensions innate to the industrial relations system. Studied have shown that where people work together in an enterprises many interests are to be found, some shared, some not. The employer wants the operations to be a successful as possible whether judged by profit, non –profit or other measures of efficiency. The needs to keep his labour costs reasonably commensurate with those of his inspires managers and supervisors, but in addition they have other interests of their own as also the employees.

On the worker’s side their diverse interests maximizing wages and improving the condition under which they supply their labour, ensuring the securing of their job. Fair treatment from their managers, avoiding any unduly tough work place, belonging to congenial work groups and working in a sate and reasonably pleasant environment.

In addition, all staff in the enterprise may have outside interests, which affect their life within it. For example, work may share common objectives with comrades elsewhere through their trade union or even under aims through political movements, which influences their conduct at work. Their interests may conflict with the achievement of enterprise goals set by management.

1.2     STATEMENT OF PROBLEM

In view of the fact that an employee spends the greater part of the day in his place of work and most active vigorous part of his life as a workman, it is pf permanent importance’s that working conditions should be healthy, convenient and attractive, that the work itself should be as interesting as possible and that relations among the employees themselves and between employees and management should be cordial and co-operative and not confrontational.

 It is in this context that we should identify the necessary skills for the effective management of industrial /organizational crises. It is the contention of this research work that for management of industrial crises to be effective,

 

 

ABSTRACT

 

Crises are inherent in any human incentive and perform an integral part in any be managed. It generates problems between employees and the management, between groups in the organization and affects the society at large.

The researcher finds out the causes of crises and management of it in our case study Anammco Plc Emene Enugu chasing the working system, non-payment of wages and salary as at when due, non employees participation on matters affecting them, poor working conditions and management insensitive of employees welfare. These result to poor working morals, low productively on the part of the employees.

After analyzing the data collected from both secondary and primary, the researcher suggested or holds that crises can be reduced through two-way communication system, operative open door policy, ensuring good working condition. These preventive approaches were confirmed after testing the hypothesis.

The research methodology employed were questionnaire, collection of relevant textbooks, in all addition, statistical models – Chi-Square is used in calculating the sample size and testing of hypothesis.

It was recommended that management must be sincerely concerned with the welfare of employees, solicit and respect suggesting of employees and must realize that participatory management is the best approach to reduce crises and ensures obedient and higher productivity.

 

 

Continue reading MANAGEMENT OF CRISES IN AN ORGANIZATION. →

THE PROBLEMS OF FINANCING A SMALL SCALE BUSINESS IN NIGERIA

A CASE STUDY OF GARRI PROCESSING INDUSTRY ABAKPA NIKE ENUGU

 

 

COMPLETE PROJECT  MATERIAL COST 3000 NAIRA

 

                                   ORDER NOW

We also accept :   ATM transfer , online money  transfer 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

form>

Call Help Desk Line :  08074466939,08063386834.

After Payment Send Your Payment Details To

08074466939 Or 08063386834,   The Project Title  You  Selected On Our Website , Amount Paid, Depositor Name, Your Email Address, Payment Date. You Will Receive Your Material In Less Than 1 Hour Once We Confirm Your Payment.

WE HAVE SECURITY IN OUR BUSINESS.   

MONEY BACK GUARANTEE

You may also need:  web design company in Nigeria   

Bulk sms company in Nigeria

 

 

 

ABSTRACT

 

Since independent Nigeria the giant of Africa has spent much time and resources, both human and a material trying to convince the developed countries and indeed the whole world that she (Nigeria) is capable of developing her industrial capabilities.

Much of the efforts made in this direction have found expressions mostly in international conference and seminars, newspapers report, radio announcements and various national development plans.

Industries have actually increase since after the independent, but the disappointing record of economic performance in the last decade has led to the reopening of the debate on the strategy of industrialization.

Nigeria is still a net import of all sorts of goods from needless to heavy machinery, simple because most of the industries where established for their immediate lucrative such as beer, soft drink and other consumers goods industries without the consideration to nation’s industrial needs or for the utilization of local materials.

Besides most of the large scale industries before the industrialization decree were foreign owned and were associated with significant possibilities of income leakages.  This inspite of the rapid increases in the gross national productivity (GNP) in last decade, the poorest segment of the population peculiarity those in the rural areas has received relatively little benefit.

Unfortunately the bulk of Nigeria businesses are small-scale industries of the number of business establishments, they account for about 80% or above of the total number of enterprise in the country.

The important role they play in the development process was observed by the first progress report of the second National Development plan “in spite of the anticipated rapid growth of the wage sector, the major solution to the nations unemployment problem will have to be found in other areas like agriculture and small scale industries development.

Inspite of all these, the small scale industries sub-sector has continued to suffer from lack of credit most all the governments financial programmes for the small industrial credit scheme, fund for  small scale industries has remained largely inadequate and of little effect.

The banks and other financial houses cannot help matters either despite the central bank credit scheme to industries.

It would be noted in this regard that majority of the small scale industries would not be able to meet the requirement of the bank and other financial institution lending policies. Therefore given this financial constraints.

 

 

 

TABLE OF CONTENTS

CHAPTER ONE:

INTRODUCTION

• Background of the Study
• Statement of the Problem
• Purpose of the Study
• Scope of the Study
• Research Questions
• Significance of the Study
• Limitation of the Study
• Definition of Terms

References

 

 

CHAPTER TWO: LITERATURE REVIEW

• Theatrical Review
• Small-Scale Business Defined
• Management and Organization of Small Scale Business
• Sources of Fund to Small Scale Business
• Problems of Small-Scale Business

References

 

CHAPTER THREE: RESEARCH DESIGN AND MYTHOLOGY

• Research Design
• Scope of the Study
• Population of the Study
• Sample and Sampling Procedure/Techniques
• Instruments for Data Collection
• Method of Data Collections
• Method of Data Analysis

References

 

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS

• Presentation and Analysis of Data
• Summary of Findings

References

 

CHAPTER FIVE:         DISCUSSIONS, RECOMMENDATION                                  AND CONCLUSION      

• Discussion of Findings
• Conclusions
• Implication(s) of the Research Findings
• Recommendation(s)
• Suggestions for Further Research

Bibliography

Appendix

 

 

 

CHAPTER ONE

 INTRODUCTION

1.1   BACKGROUND OF THE STUDY

         It is necessary to stress the point that to succeed in business require some measure of discipline.  Most industrialist expect to make a reasonable profit from the investment of time and resources, that they have to make in other to bring a project to fruition.

 

While this may sound simple enough, the bother line is the fact in an economy wide context, the rate or level of reward that can accrue to various level of effort, discipline and productivity should never be allowed to get out of proportion in relation to effort put in.

 

Experience has shown that industrial pursuits have been found to yield for the patient and disciplined industrialist rather than stand for business concern with all kinds of effort mostly unproductive and require no legitimate effort to reap profits in multiple fields.

 

After considering the above mentioned statement of facts about industry.  The question is how far are we from being industrialized bearing in mind that it yields for disciplined and patient industrialist, all things being equal.

 

Taking cognizance of the fact that a step forward is the beginning of a mile.  Some, therefore Nigeria’s business industrial evolution will only start when positive steps are taken towards adequate financing of small scale business.  The experience of newly industrialized countries has been an eye opener.

 

Finance is the greatest problem we are likely to face whenever we talk of establishing a small scale industry.  This is the most crucial aspect of business enterprise and a lot of controversy surrounding the problem of inadequate finance.  A close look on the small scale industries/business, all over the country would help to throw further light on the effect of lack of fund on growing business.  The drastic effect is mostly felt when one tries to study the rate at which our young industries are gradually collapsing.  Even surviving ones are terribly looking for assistance that they are not sure of.

 

Funds are scare, hence the growing industries as regarded in this part of the world as never-do-wells especially Nigeria.  When an economy is shaky, growing industries in that economy tend to suffer most and usually stand the taste of time.  Hence, an increase in the number of causalities in this regard.

The researcher aimed at exploiting the possibilities, problems of financing small scale business/industries.  The project centers on management and financial problems

 

 

1.2   STATEMENT OF PROBLEM       

There are various problems facing the establishment of small scale business like financial limitation, lack of raw material, poor management and quality of the management, staff, poor accounting method, high interest charge on loans and lack of adequate planning and feasibility studies.

The most common and problematic issues is funding.  Small scale business find it difficult to obtain fund from established institution like commercial banks and…

 

 

Continue reading THE PROBLEMS OF FINANCING A SMALL SCALE BUSINESS IN NIGERIA →

A STUDY ON THE STRATEGIES FOR MANAGING ENVIRONMENTAL FACTORS IN BUSINESS ORGANIZATIONS IN NIGERIA

(A STUDY OF SOME SELECTED MANUFACTURING FIRMS IN ENUGU STATE)

COMPLETE PROJECT  MATERIAL COST 3000 NAIRA

 

                                   ORDER NOW

We also accept :   ATM transfer , online money  transfer 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

form>

Call Help Desk Line :  08074466939,08063386834.

After Payment Send Your Payment Details To

08074466939 Or 08063386834,   The Project Title  You  Selected On Our Website , Amount Paid, Depositor Name, Your Email Address, Payment Date. You Will Receive Your Material In Less Than 1 Hour Once We Confirm Your Payment.

WE HAVE SECURITY IN OUR BUSINESS.   

MONEY BACK GUARANTEE

You may also need:  web design company in Nigeria   

Bulk sms company in Nigeria

 

ABSTRACT

This research work is aimed at finding out the strategies for managing environmental factors in Nigerian business organizations.  A total number of one thousand employee which include the workers and top management staff.

Questionnaire was the major instrument used in collecting data from the sample size of the population in conjunction with personal interviews, while the content of the questionnaires were presented and analysed using simple tables and percentages, the two hypothetical questions were tested using the chi-square statistical tool.

The following findings were made, that goal attainment is affected by environmental uncertainty.  Business environment has an impact on manufacturing firms productivity and that strategic planning management of business environmental uncertainty.

Based on the findings, it was concluded that effective strategic planning is vital in the management of business environmental uncertainty, which hinders the organizational performance and productivity.

TABLE OF CONTENT

CHAPTER ONE

INTRODUCTION

• Background of the study

1.1     Statement of the problem

• Objective of the study
• Research questions
• Research hypothesis
• Significance of the study
• Delimitation/scope of the study
• Definition of terms

CHAPTER TWO

• Literature of review

2.1     historical overview

• Sources of strategy
• Types of strategies
• Importance of strategies
• Criteria for effective strategy
• Strategic management process
• Business strategy and business environment
• Environmental consideration for business strategy
• External business environment

Chapter three

• Introduction to the chapter

3.1     research methodology

• Area of study
• Population of the study
• Sample size determination
• Instrument for data collection
• Validation of the instrument
• Reliability of the instrument
• Method of data collection
• Method of data analysis

CHAPTER FOUR

• Introduction

4.1     Analysis of research question

4.2     Test of hypothesis

CHAPTER FIVE

• Summary of findings conclusion and recommendations

5.1     summary of findings

• Recommendation
• Implication of the research results
• Suggestion for further research

Bibliography

Questionnaires

CHAPTER ONE

• INTRODUCTION

1.1     BACKGROUND OF THE STUDY

The environment is a major source of uncertainly to a business manager, and as such both influences the design of any organisation and the configuration of organizational structure.

Therefore, without a thorough analysis of the environment, a manager finds it almost impossible to make important operational decisions in his organization, which are vital in the attainment of various business objectives.

Hence no business organization can operate successfully in isolation, it has to exist and operate within an environment where there is complex interplay between human resources, material resources and other system.  This creates the opportunities, threats and problems for the management.

Imaga (1996:40) said, we ought to realize that an organization is an integral part of it environment and that they are mutually interdependent where the environment plays the role of providing the resources and opportunities to organization for its existence, and the organization in turn, offers its goods and services to the people living in its environment.

Fayol (1949:43) said that of all the basic functions of management such as planning, organizing, commanding, co-coordinating and controlling, planning is the most important and yet the most difficult responsibilities of management.  This is because when goals and objectives have been determined, the next step is to choose the methods, approaches and or strategies of attaining them.  All when and how this is to be done is for the planner.

However, plans alone cannot ensure success of an organization; this is because organization operates in has a big or vital role to play in the success of the organization.

Stanner (1998:207) observed that the most important sole influence on organizational policy and strategy is the environment, both within and outside the organisation.  The more complex, turbulent and dynamic an environment becomes, the greater the impact on human altitudes, organizational structure and process, therefore since the environment is very complex, all organizations should direct its attention to their environment when formulating their strategic management policies, to facilitate their survival.

• STATEMENT OF PROBLEM

There is a vital need to map out a strategy, which will enable a business organization to operate successfully in its ever-changing environment.  The environment, which business organizations operate in, is highly complex, turbulence, dynamic, therefore all organization, large or small for survival, should pay more attention to their environment more than ever before when formulating and implementing organizational policies and strategies.

Chairman, “John Holt” in the year 2000 Annual Report said “the Nigerian economic environment during this year witnessed unsatisfactory growth rate high rate of…

Continue reading A STUDY ON THE STRATEGIES FOR MANAGING ENVIRONMENTAL FACTORS IN BUSINESS ORGANIZATIONS IN NIGERIA →