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Product Category: Projects
Product Code: 00000931
No of Pages: 65
No of Chapters: 5
File Format: Microsoft Word
Price :
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TABLE OF CONTENT
CHAPTER
ONE
1.1 BACKGROUND OF THE STUDY
1.2 STATEMENT
OF THE PROBLEM.
1.3 OBJECTIVES
OF THE STUDY
1.4 STATEMENT
OF HYPOTHESIS
1.5 SIGNIFICANCE
OF THE STUDY
1.6 SCOPE
OF THE STUDY
1.9 DEFINITION OF TERMS
CHAPTER TWO
LITERATURE
REVIEW
2.0 INTRODUCTION
2.1 CONCEPTUAL
FRAMEWORK
2.2 PRINCIPLES
OF MANAGEMENT
2.3 THE
PROCESS AND FUNCTIONS OF MANAGEMENT
2.4 PLANNING
AND CONTROL
2.5 NATURE
AND SCOPE OF PLANNING
2.6 THE
PLANNING SYSTEM:
2.7 KEY
ELEMENTS OF PLANNING
2.8 THE
NEED FOR PLANNING
2.9 THE
PLANNING PROCESS
2.10 CONTROLLING
2.11 THE
NATURE AND SCOPE OF CONTROL
2.12 THE NEED FOR CONTROLS THE IMPORTANCE OF CONTROLS
2.12.1
THE CONSUMMATION OF PLANS
2.12.2 FACILITATION
OF DELEGATION
2.12.3 IMPROVED EFFECTIVENESS AND EFFICIENCY
THROUGH STANDARDIZATION
2.12 SAFEGUARDING
COMPANY’S ASSETS
2.12 STANDARDIZATION
OF QUALITY
2.13 INSTRUMENTS
OF CONTROL
2.13.1 BUDGETING IS A KEY CONTROL INSTRUMENT.
2.13.2 REPORTS:
2.13.3 MANAGEMENT
BY OBJECTIVE MBO
2.14 MANAGEMENT
EFFECTIVENESS
2.15 FACTORS
AFFECTING MANAGEMENT EFFECTIVENESS
2.16 EFFECTIVENESS OF MANAGERIAL PRACTICES FOR BUSINESS SURVIVAL
CHAPTER THREE
RESEARCH
METHODOLOGY
3.1 RESEARCH DESIGN
3.2 RESEARCH
POPULATION
3.3 SAMPLE
SIZE AND SAMPLING TECHNIQUE
3.4 METHOD
OF GATHERING DATA
3.5 JUSTIFICATION
OF METHOD USED
3.6 METHOD
OF DATA ANALYSIS
3.7 JUSTIFICATION
OF INSTRUMENT USED
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
4.1 DATA
PRESENTATION
CHAPTER FIVE
SUMMARY OF
FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.1 SUMMARY
OF FINDINGS
5.2 CONCLUSION
5.3 RECOMMENDATIONS
BIBLIOGRAPHY
CHAPTER ONE
1.1 BACKGROUND OF THE STUDY
This project is all about assessing the impact of planning and controlling as a management function on the survival of small scale business.
Management is universal in the modern world. Every organization requires the making of decision, the coordination of activities, deciding in advance when, why how and who does what, setting of standards, measuring performance against standard and reviewing the standards.
Numerous managerial activities have their own particular approach to specific types of problems which fall under headings such as production and operation management human resources management, management of health delivery system and others
According to Nwachukwu (2007) management is the act of getting things done through and with others.
Another definition by Launer (1999) he refers to management as the corner stone of organization effectiveness and is concerned with arrangements for the carrying out of organizational processes and the execution of work.
Kountz (2006) management is an operational process initially best dissected by analyzing the management functions. The five essential managerial functions are planning, organizing, staffing, directing, leading and controlling.
These tasks
of management are interrelated and actually dove tail into each other. Planning
sets the stage by helping the organization to determine where it wants to go
(objectives) and how to get there (strategies and tactics). These objectives
and strategies determine the type of organizational structure most suitable for
the organization.
Organization structures are designed to fit the strategies which are meant to achieve the objective and both strategies and objectives are the outcome of planning.
There is no human endeavour that does not require proper management for it to function efficiently. For every type of organization either government establishment or private enterprise, there is need for qualified managers to handle its activities.
Management and organizations are seen as the product of their historical and social times and place and to understand the evolution of management theory in terms of how people wrestled with matters of relationship at a particular time in history. The lesson here is to learn from the trials and tribulation of those who have preceded us in steering the fortunes of formed organization.
It is now obvious to every one that, of the factors that are necessary for economic take off, none is to be stressed more often than management characteristically, the developing countries are known for their low technological progress and extremely low labour productivity. A realistic approach to the development of these countries call for qualified high level manpower especially at the management level. In present day organizations it is the manager that determines the appropriate technology required and the best way to efficiently and effectively utilize all types of resources, be it physical or human.
The
The need
for management is essential to the development of organizations, be it small
scale or large scale industries, therefore, when ever people work together,
there is generally a need for the coordination of efforts in order to attain
expected result in reasonable time, and with minimum amount of money,
discomfort or energy. A manager is expected to be vast in knowledge and to
possess special talents or abilities quite different from non manages.
1.2 STATEMENT
OF THE PROBLEM.
No organization matter its size can survive without on effective managerial function (planning and control). Therefore, three is need for sound and qualified man and women to operate in every organization and also there should be capable hands to manage the financial affairs in order to ensure a sound system of operation in the enterprise.
It is important to note that, effective operation is not exclusive concern of only one person or department within an organization, it must involve every staff who should have the interest of the organization at heart in order for it to achieve it set goal and objectives.
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Does effective management enhance workers performance?
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Does the organization has capable hands to manage the
financial affairs?
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Does the activities of managers focuses towards the
attainment of goods and objective of the organization.
1.3 OBJECTIVES
OF THE STUDY
This
project intends to assess the impact of planning and control as a management
function in the survival of small scale industrial towards the achievement of
the overall goals and objectives of the organization.
Specifically this project has the following
objective:
i.
To find out the present management practice of
planning and control and its effects on the organization
ii.
To examine some strategies for the attainment of goals
and objectives set out by the organization.
iii.
To find out the role of management in ensuring the
smooth running of the organization.
iv.
To ensure that organization at any given time is
capable of carrying out its activities that could aid in achieving its goals.
1.4 STATEMENT
OF HYPOTHESIS
A
hypothesis is a conjectural proposition and informed intelligent guess about
the solution to a problem. It is an assumption or proposition whose variety and
validity is to be established.
The researcher wishes to states his
hypothesis as follows:
Ho: Effective management function of
planning and control has no significance impact on the survival of small scale
business.
H1: Effective management function of
planning and control has significance
impact on the survival of small scale business.
1.5 SIGNIFICANCE
OF THE STUDY
The significance of this project cannot be over emphasized because it is prerequisite for the award of bachelors of arts and science in management studies and effective management is the yardstick and bedrock of every organization. Thereby, enhances the achievement of organizational and objectives.
Furthermore,
it will guide and give a sense of direction to the entire organization in the
area of channeling resources and enhancing productivity and also giving status
to the organization.
1.6 SCOPE
OF THE STUDY
This
research work is restricted only to an enterprise in
Timruth
The organization went into operation, with about six employees which later increased to about eighty five employees engaged in supervising, marketing, sealing and packaging of the product. And the main products of the company include beverages and Yoghurt.
Since the company came into operation the management has been experiencing a very high rate of profit until early 2000 when the profit rate began to reduce due to the presence of several competitions in the market producing similar product.
The company has over thirty dealers who help in the distribution of the products to various parts of the state in order to ensure that a larger part of market is covered adequate preparation has also been on ground to ensure that the demand of the market is met.
The main problem encountered during the vital stage of the business is that of financial constraint, there is shortage of finance in the early stage of the business. Other problem faced by the business is the activities of its competitors where did not allow the product to gain a better ground portion of the market.
The main source of finance to this company was from personnel savings and loan from cooperative society.
1.9 DEFINITION OF TERMS
Entrepreneur: One who organizes manages and assumes the risk of a business firm or venture.
Assets: Anything of value that the business owns
Management: The process of planning,
organizing directing, coordinating and controlling the activities of a business
enterprises so as to attain stated objectives by the use of people and other
resources requires decision making and leadership.
Liabilities: The claims of creditors against
the assets of the business i.e. what the business owns.
Small Business: One that is actively managed by
its owners highly personalized local in its area of operation of relatively
small size within the industry, and largely dependent upon internal source of
capital to finance its growth.
Business: This is all activities directly
or indirectly concern with production and distribution of goods and services
which is aimed principally at making profit.
Organization: An entity that is constructed and
deliberately reconstructed to achieve specific goals and objectives.
Planning: Setting future goals, developing
action plan and monitoring performance against the plan.
Controlling: Is a part of the management process that involves ascertaining the extent to which expectation’s are being met taking action to ensure that they are met and making some modification in view of realities that emerge during execution.
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