- AN ASSESSMENT OF STAFF MOTIVATION AS PANACEA FOR IMPROVED ORGANIZATIONAL PRODUCTIVITY (A CASE STUDY OF LASACO ASSURANCE PLC)
- COMPENSATION MANAGEMENT AND ORGANIZATIONAL PERFORMANCE (A STUDY OF PZ CUSSIONS NIGERIA PLC)
- THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON ORGANIZATIONAL PERFORMANCE (A Study of Nigeria Bottling Company Plc)
- STRATEGIC APPROACH TO THE MANAGEMENT OF SMALL BUSINESS ENTERPRISES IN NIGERIA (A Case Study of Evarmila Nigeria Enterprise, Lagos.)
- THE RELEVANCE OF INFORMATION TECHNOLOGY (IT) TO THE MANAGEMENT OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA (A Case Study of Card Centre Nigeria Limited )
- ORGANIZATIONAL STRUCTURE AS A TOOL FOR EFFECTIVE MANAGEMENT (A STUDY OF NIGERIAN BREWERY PLC)
- WORKERS MOTIVATION AND ORGANISATIONAL PERFORMNCE IN THE NATIONAL CENTER OF ECONOMIC MANAGEMENT AND ADMINISTRATION
- COMPENSATION MANAGEMENT AND ORGANIZATIONAL PERFORMANCEIN PZ CUSSIONS NIGERIA PLC
- IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON ORGANIZATIONAL PERFORMANCE (A case of Nigeria Bottling Company Plc)
- PACKAGING AS A TOOL OF ACHIEVING HIGHER PROFITABILITY IN A MANUFACTURING COMPANY (A Study of Nigeria Bottling Company)
MOTIVATION AS A MANAGEMENT TOOL FOR ACHIEVING ORGANIZATIONAL GOALS (A Case Study Of Union Bank Of Nigeria Plc)
This research examines motivation as management tool for achieving organization goals, the researcher adopted descriptive survey design. In all, top management, middle management and junior staff of the organization where administered questionnaire, the questionnaire was administered to them but only 50 responded comprising 28 males and 22 females. Simple percentage and chi-square were used both primary and secondary sources of data. In view of this four research questions were formulated to generate expected answer literal works were reviewed for proper understanding and guidance. Questionnaire, personal interview and observation were used for collection of primary data. Secondary sources of data were collected from textbooks, periodicals, articles and journals. Tables and simple percentage were used for data presentation and analysis. Based on the findings, the researcher found out that salary increase, fringe benefit, regular training, promotion and favorable working conditions are good motivational techniques including roofing and ceiling their staff houses at a cheaper rate. Finally the researcher proffered among others prompt payment of salary to their employee that will improve motivation in the organization.
TABLE OF CONTENTS
Certification --- --- --- --- --- ---- --- --- i
Dedication --- --- --- --- --- ---- --- --- ii
Acknowledgement --- --- --- --- --- --- iii
Table of Contents --- --- --- --- --- --- --- iv
Abstract --- --- --- --- --- ---- --- --- viii
CHAPTER ONE: INTRODUCTION
1.1 Background to the Study --- --- --- --- --- 1
1.2 Statement of the Problem --- --- --- --- --- 2
1.3 Research Questions --- --- --- --- --- 3
1.4 Objective of the Study--- --- --- --- ---- --- 4
1.5 Statement of Hypotheses --- --- --- --- --- 4
1.6 Significances of the Study--- --- --- --- --- 5
1.7 Scope of the Study--- --- --- --- ---- --- 6
1.8 Limitation of the Study--- --- --- ---- --- 6
1.9 Operational Definitions of Terms --- --- --- --- 7
CHAPTER TWO: LITERATURE REVIEW
2.1 Introduction --- ---- --- --- --- --- --- --- 8
2.2 Meaning and Concept of Motivation --- --- --- --- 8
2.3 Early Vitals of Motivation -- --- --- --- --- --- 9
2.4 Theories of Motivation --- --- --- --- --- --- 9
2.5 Understanding Motivation or Motivation Process --- --- 12
2.6 Motivation Performance and Productivity --- --- --- --- 13
2.7 Improving Productivity in Organization --- --- --- --- 14
2.8 Improving Workers Productivity --- --- --- --- --- 15
2.9 Factor Influencing Productivity --- --- --- --- --- 15
2.10 Characteristics of Motivation --- --- ---- --- --- 21
2.11 Types of Motivation --- --- --- --- --- --- --- 22
2.12 Possible of Motivation in an Organization --- --- --- 23
2.13 Limitation of Motivation --- --- --- --- --- --- 25
CHAPTER THREE: RESEARCH METHOD
3.1 Introduction --- --- --- --- ---- --- ---- ---- 27
3.2 Research Design --- --- --- --- ---- --- --- 27
3.3 Sample and Sampling Technique --- --- --- --- --- 28
3.4 Instrumentation --- --- --- --- --- --- --- 29
3.5 Method of Data Collection --- --- --- --- ---- --- 29
3.6 Method of Data Analysis --- --- --- --- --- --- 29
CHAPTER FOUR: DATA PRESENTATION ANALYSIS AND INTERPRETATION
4.1 Introduction --- --- --- --- ---- --- --- --- 30
4.2 Data Presentation --- --- --- --- ---- --- --- 30
4.3 Data Analysis --- --- --- --- --- --- --- --- 31
4.4 Test of Hypotheses --- --- --- --- --- --- --- 42
CHAPTER FIVE: SUMMARY OF FINDINGS CONCLUSION AND RECOMMENDATIONS
5.1 Introduction --- --- --- --- --- --- --- --- 46
5.2 Summary of Findings--- --- --- --- --- --- 46
5.3 Conclusion --- --- --- --- --- --- --- --- 48
5.4 Recommendations --- --- --- --- --- --- --- 48
1.1 Background to the Study
A multinational company is a company that has the whole world as its market from which it purchases raw materials; source for funds, manufactures its products and which it further projects for sales. Some people associated multinational companies with non – colonialism, the Europeans America Nations described multinationals as the engine of growth in the underdeveloped countries.
Different schools of thought gave their approach to this issue by suggesting an evolutionary process of international to multinational, transitional and super national organization.
A multinational company has designs of its production facilities around the world. Onimode (1985) in his example using Ford said it “was jointly designed by European and the U.S. teams and is sold with only minor variations in dozens to foreign markets”.
Ford makes and sell other cars in Europe that are never seen in the United States, Ford cars are designed, produced and sold or individual markets wherever they are and without regard for national boundaries. Multinational companies though spread its activities worldwide produces specifications to suit individual nations. Multinational companies are otherwise called multinational corporations (NNC’S) or multinational Business.
The multinationals came into focus after the World War II and gained attention by mid 1950s and became highly conspicuous by the end of 1960s (Vemon 1971). The tremendous growth and spread of global enterprises during the twentieth century infringed and reduced national boundaries fading ink to foreign presentation. The spread of multinational corporations in addition to the huge financial wealth and economic power has created fear and confusion in international politics and analysis.
The fear is in two areas firstly is MNC an independent actor in world policies or as agent of parent country foreign policy. Secondary, do MNC’S autonomous actors posses political and economic power equal to or greater than the majority of foreign states?
1.2 Statement of the Problem
The Nigeria nation existed with all the natural resources she was endowed with before coming in touch with the Western World. The contact with the white men resulted into a trade which marked a doom for the Africa nation at large due to an imbalance of the trading pattern.
The aim of this study is to look at the impacts of these multinational corporations on the Nigeria economy which falls into the positive impacts and also the negative impacts and how this can be curtailed to create a more enabling economic condition for the Nigeria society.
The problem is in the area of economic exploitation which started as a result of the contractual agreement signed by African Nationalists who schooled abroad on demand for self rule.
The actual implication of the contract signed was that the European were extending their rules over Africa but this time using Africans who in the word of Franz Fanon (2004) were referred to as ‘Black Skin, White Masks’.
1.3 Research Questions
1 Which are the multinationals in Nigeria?
2 Do their activities have positive impact on the Nigeria Economy?
3 Is there any government action to check this?
1.4 Objectives of the Study
The specific objectives of the study are:
1 To investigate the role of multinationals on Nigeria economy.
2 To ascertain ways Nigeria could maximize the benefits from the multinational corporations and minimize their negative and anti-development objectives.
3 To find out the effects of inadequate performance of the multinationals on Nigeria economy.
4 To examine the positive impacts of multinationals on the Nigeria economy and make recommendations on findings.
1.5 Statement of the Hypotheses
(1) The presence of multinational corporations will help enhance productivity in the Nigeria economy.
(2) The benefits and minimal of negative and anti-development objectives will not help to develop the Nigeria economy.
(3) Knowing the positive impacts will help in the development of Nigeria economy.
1.6 Scope of the Study
The research work covers the impact of the activities of the multinationals on the Nigeria economy with a view of the positive impact, negative impacts and also controls of these multinationals.
1.7 Significance of the Study
The reason for this research work is to look into the challenges faced by the Nigeria economy as a result of the presence of these multinationals on our economy.
1.8 Limitation of the Study
Due to the following constraints, there were limitations to the researcher could go with this research work. These constraints include:
Inadequate materials, journals, periodicals and other documented materials relating to this research topic.
Financial problem – the high cost of materials, cost of mobility to and fro location of research (field) and also high cost of obtaining research materials.
Time – time factors was also another constraints as it was really hectic combining this research work with lectures, assignments, tutorials seminars and other extracurricular activities like church meetings.
Poor network – where it would have been helpful to source for data online via the internet, our network providers were in no way helpful.
1.9 Operational Definition of Terms
Multinational Company: A multinational company is one that has the worldwide market as a place where it buts raw materials, borrow money, manufacture its product and to which it sells its product.
Foreign Direct Investment: It is defined as acquisition of assists which generate income by institution or individuals in one country in another foreign country.
Less Developed Countries (LDC): These are the third world nations of the world.
Neo-Colonialism: The control or domination by a powerful country over weaker ones by the use of economic pressure, political supervision and cultural difference.
Labour: Is the productive service embodied in human physical effort, skills, intellectual power etc. it is a production process.
Economic Development: This is a state of being employed or having work to do; work in this regard refers to all human activity aimed at producing or contributing to the production of commodities that generate income for the person who is employed.
Technology: This refers to skills, methods or technologies used in improving quality of goods and the production function technique that ensure reflection n the cost of production and improvement in the quality of goods and series based on certain combination of input.