Home
/
Business Administration
/
The impact of budgeting planning and control on productivity in northern cable processing manufacturing company (nocaco), kaduna
The impact of budgeting planning and control on productivity in northern cable processing manufacturing company (nocaco), kaduna
Table Of Contents
- Title page iDeclaration iiApproval Page iiiDedication ivAcknowledgment vAbstract viTable of Contents viiCHAPTER ONE: INTRODUCTIONBackground of the Study 1Statement of the Problem 3Objective of the Study 4Significance of the Study 5Research Questions 5Scope of the Study 6Limitation of the StudyDefinition of Terms 6
Chapter TWO
LITERATURE REVIEW
- 2.0 Introduction
- 92.1 Objectives of Budgeting
- 102.2 Requirements of a Good Budgeting System
- 122.3 Stages in Budget Preparation
- 182.4 Flexible Budgeting
- 202.5 Zero Base Budgeting (ZBB)
- 212.6 Planning Programming Budgeting System (PPBS)
- 242.7 Summary of the Literature Review 27CHAPTER THREE: METHODOLOGY3.1 Introduction
- 283.2 Research Design
- 283.3 Area of Study
- 293.4 Population of the Study
- 293.5 Sample Size and Sampling Technique
- 293.6 Instrument of Data Collection
- 303.7 Validation of the Instrument
- 303.8 Reliability of Instrument
- 313.9 Method of Data Collection
- 313.10Method of Data Analysis 32
Chapter FOUR
DATA PRESENTATION AND ANALYSIS
- AND ANALYSIS4.1 Introduction
- 344.2 Characteristics of Respondents
- 344.3 Data Analysis
- 364.4 Summary of Findings
- 444.5 Discussion of Findings 45CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS5.0 Introduction
- 475.1 Summary
- 475.2 Conclusion
- 495.3 Recommendations 50References 53Appendix 54
Thesis Abstract
This study examined the impact of budgeting planning and control on productivity in NOCACO. The objective of this study is to bring light to the need for effective and efficient budget plans and control, and to find out how and to which the extent budgeting serve as a means of planning and control to increase productivity. The methods used for the study is survey method, method of data collection is questionnaire and personal interview and the method of data analysis is likert scale is used based on mean statistic. The findings based on the data presented and analyzed, the researcher was able to identify that budgeting planning and control techniques are used for increase productivity in the dynamic profit and non profit making organization which is the study of this research work and its also observed that good budgeting system will help any organization to increase its productivity level. The researcher concludes that productivity must be planned before it can be controlled. Operation has been determined and analyze into expenditure cost so as to know how realistic would be contribution to project goals to make budget without planning. Lastly, the researcher recommended that the company should employ competent and intelligent staff which a lot of experience to facilitate the planning which go a long way in controlling productivity in the organization.
Thesis Overview
<p> </p><p><strong>INTRODUCTION</strong></p><ul><li><strong>Background of the Study</strong></li></ul><p>For any organization to operate meaningfully there has to be clear direction of where it is leading to or what it is aiming to achieve the standard of objectives and a means of monitoring derivatives from standard requires. These considerations can only be met through budgeting, planning as well as controlling.</p><p>A budget has been defined as a quantitative plan usually in monetary terms for the forth coming accounting year of the ensuring period. Budgeting planning/short term planning is the process of preparing detailed, short term (usually 1 year) plans for the function, activities and departments of the organization thus converting the long term co-operate plan into yearly action. Budgeting services as a very important tool for planning and control increase in productivity, in that budgeting aids planning for the future, if services as a control function through management by exception which is the assessment of performance for the purpose of controlling. It helps in co-coordinating of the work management in order to coordinate the activities of the organization.</p><ul><li><strong>Statement of Problem</strong></li></ul><p>Generally, organization whether manufacturing or service, required good budgeting for increasing productivity. Budgeting as a tool for planning and controlling does increase productivity. This is the problem of qualified personnel that are required for the purpose of preparation implementation and execution of budgeting, areas of responsibility will be decided by management and also budgeting pressure is another problem. The study will therefore be focused on whether budgeting contribute towards increasing productivity in organization or not.</p><p> </p><ul><li><strong>Objectives of the Study</strong></li></ul><p>In view of the glaring problems as mentioned above the researchers main purpose of this study is to look carefully as the system of budgeting. This will enable the researcher to discover and bring to light any loop hole and lapses that may contribute on their little ways to aggregate private sector problem. Therefore, the objectives of the study are as follows:</p><ol><li>To examine the system of budgeting, planning and control in order to assess adequacy in productivity.</li><li>To find out the extent budgeting serves in planning and increasing productivity.</li></ol><ul><li>To examine facts about the organization and it mode of operation with regards to productivity.</li></ul><ol><li>To identify the fact about operation and mode of operation.</li></ol><p><strong> </strong></p><ul><li><strong>Significance of the Study</strong></li></ul><p>The significance of this study is essential on its benefit and contribution to individual and organization first and foremost. This study will serve as important objectives reference to top executive of organization who wants to achieve efficiency in production. It will also be significant to students who want to carry out further research on the area of study secondly, the finding of this study will be useful to both the organization and any other similar organization as well as general public in the field as it depicts the nature of problem associated with budgeting in this part of the country. Finally, this study will also cover the public as an essential requirement for the award of higher national diploma.</p><p> </p><ul><li><strong>Research Questions</strong></li></ul><p>The following questions were formulated to serve as parameter for the measurement of the objective earlier stated.</p><ol><li>How effective is budgeting, planning and control system in order to assess adequacy in productivity?</li><li>What extent does budgeting serves in planning and increasing productivity?</li></ol><ul><li>What are the fact about the operation and it mode of operation in NOCACO with regard to productivity?</li></ul><ol><li>What are the facts about the operation and it mode of operation?</li></ol><p>1.6 <strong>Scope of the Study</strong></p><p>The study is restricted to cover the private sector, and suggest solution and recommendation on the topic of discussion which is budgeting as an effective tool for planning, control for increasing productivity.</p><p>1.7 <strong>Limitation of the Study</strong></p><p>Like any other project, this study is not without limitations, the study emphasis being of the budgeting as an impact of budgeting planning and control on productivity in Northern Cable processing manufacturing company, Kaduna. Some of the difficulties encountered in carrying the study include:</p><ol><li>Inability of the researcher to obtain adequate and relevant data from the organization. Especially on sensitive economic issues that organization are secretive about.</li><li>Financial constraint is another limitation, finance have bee inadequate such the researcher has been unable to move around and get data and material required for the study.</li><li>Material such as company documents (official) which involves their operation and procedure of the organization activities have been inadequate due to lack of proper record keeping and equipped libraries.</li><li>The uncompromising nature of most respondents especially to questionnaires and verbal question.</li><li>Lack of time to carryout out the persona observation of the enterprise operations properly.</li><li>Sometimes the statistical method used for data analysis might not be best available.</li></ol><p>1.8 <strong>Definition of Terms</strong></p><ul><li><strong><em>Budget: </em></strong>A budget has been defined as a quantitative plan usually in monetary terms of the forthcoming accounting year or for the ensuing period.</li><li><strong><em>Budgeting:</em></strong> Budgeting planning is short term planning is the process of preparing detailed short term (usually one year) plan for the function activities and department for the organization, thus converting the long term corporate plan into yearly action.</li><li><strong><em>Zero Base Budgeting (ZBB):</em></strong> Is formal defined by the (Chartered Institute of Management and Accounting) CIMA thus a method of budgeting whereby all activities is revaluated each time a budget is set.</li><li><strong><em>Programme Planning and Budgeting System (PPBS):</em></strong> Is a radical approach to budgeting based programme which are grouping of activities with common objectives.</li><li><strong><em>Budget Manual:</em></strong> The budgeting manual is an important aid to communication and instructional information manual not a list of agreed financial budget.</li><li><strong><em>Flexible Budgeting:</em></strong> A flexible budget is one which is designed to dynast the budget cost level of suit the level of activities actually attained.</li><li><strong><em>Planning:</em></strong> Planning can be defined as the establishment of activities and the formulation, evaluation and election of the polities strategies tactics and action required to achieve these objectives.</li><li><strong><em>Strategic Planning:</em></strong> The formulation, evaluation and selection of strategies for the purpose of preparing a long term plan to attain objectives.</li><li><strong><em>Tactical Planning:</em></strong> Is the process of preparing detailed short term (usually one year) plans for the functions, activities and department of the organization thus converting the log term corporation plan into action.</li><li><strong><em>Control:</em></strong> Control is concern with the different use of resources to achieve a previously, determine objective or set of objective within a plan productivity (total factor basis).</li></ul><p><strong><em>Productivity:</em></strong> Productivity can be expressed on a total factor basis or on a partial factor basis productivity on a total factor basis.</p> <br><p></p>Blazingprojects Mobile App
📚 Over 50,000 Research Thesis
📱 100% Offline: No internet needed
📝 Over 98 Departments
🔍 Thesis-to-Journal Publication
🎓 Undergraduate/Postgraduate Thesis
📥 Instant Whatsapp/Email Delivery
Related Research
Chemistry education.
4 min read
Comparative Analysis of Digital versus Traditional Laboratory Instruction in Chemist...
This research compares two different ways of teaching chemistry laboratory skills: digital and traditional instruction. Traditional lab teaching involves studen...
BP
Blazingprojects
Chemical engineering.
2 min read
Comparative Analysis of Catalytic Efficiency in Bioethanol Production Methods...
This research focuses on comparing how efficient different catalysts are in the process of turning biomass into bioethanol, a renewable fuel. Bioethanol is prod...
BP
Blazingprojects
Business education.
2 min read
Comparative Analysis of Entrepreneurial Skills Development in Business Schools World...
This research explores how business schools around the world help students develop entrepreneurial skills, which are essential for starting and managing success...
BP
Blazingprojects
Business Administrat.
4 min read
Cross-Sectional Analysis of Leadership Styles and Employee Engagement in Tech Firms...
This research focuses on understanding how different leadership styles influence employee engagement within technology companies. Employee engagement refers to ...
BP
Blazingprojects
Business administrat.
2 min read
Comparative Analysis of Leadership Styles and Organizational Performance in SMEs...
This research focuses on understanding how different leadership styles influence the performance of small and medium-sized enterprises (SMEs). Leadership styles...
BP
Blazingprojects
Building.
2 min read
Comparative Analysis of Sustainable Building Practices in Residential versus Commerc...
This research explores the similarities and differences in sustainable building practices used in residential and commercial structures. Sustainable building pr...
BP
Blazingprojects
Botany.
4 min read
Comparative Analysis of Drought Tolerance in Native versus Invasive Grass Species...
This research explores how well native and invasive grass species can tolerate drought conditions, which is important because droughts are becoming more frequen...
BP
Blazingprojects
Biology education.
4 min read
Comparative Analysis of Inquiry-Based versus Lecture-Based Methods in High School Bi...
This research examines two common teaching methods used in high school biology classes: inquiry-based learning and lecture-based teaching. Inquiry-based learnin...
BP
Blazingprojects
Biochemistry.
3 min read
Comparative Analysis of Lipid Profiles in AD Patients and Healthy Controls...
This research focuses on comparing the lipid profiles—measurements of fats and fat-like substances in the blood—of individuals diagnosed with Alzheimer’s ...
BP
Blazingprojects
