Download Tag: MANUFACTURING INDUSTRY


EFFECTS OF BACKWARD INTEGRATION STRATEGY ON ORGANIZATIONAL PERFORMANCE IN MANUFACTURING INDUSTRY

Abstract The firms’ diversification strategy choices and their impact on corporate performance have been the center of attention both empirically and theoretically in the fields of strategy and finance for more than 30 years. However in general, previous studies have analyzed the integration- performance relationship without differentiating the industries that the firms were operating in, but rather the samples were pooled across industries. The aim of this paper is to ...

Read more

THE ASSESSMENT OF ANALYSIS AND CONTROL OF OVERHEAD EXPENSES IN MANUFACTURING INDUSTRY IN NIGERIA

INTRODUCTION 1.1 BACKGROUND TO THE STUDY Every manufacturing organization in costs in the production of goods and rendering of services. Some of such costs cannot be directly traced to a particular cost centre or cost unit e.g salary of security quads, salaries of executives, depreciation of plants, rent and rate, office stationary and so on. At this point, it is worthwhile defining the overhead experiences. OVERHEAD EXPENSES: According to Odetayo ...

Read more

ACCOUNTING FOR DEPRECIATION IN MANUFACTURING INDUSTRY

 INTRODUCTION For a manufacturing firm like golden Guinea plc to carry out its business successfully and to meet its main objectives it needs among. Other things fixed assets. The fixed assets  unlike current assets are held over several period wish the objective or earning revenue. Hence, the amount of money spent on their purchase is treated as capital expenditure. Accepted expenditure refers to the amount spend by on organization of ...

Read more

THE RELEVANCE AND APPLICATION OF STANDARDS COSTING IN A MANUFACTURING INDUSTRY

ABSTRACT This project is exclusively undertaken to establish the relevant and application of standard costing in a manufacturing industry a case study focused on Geolis cable LTD Nnewi. The application of standard costing in a manufacturing industry is relevant because it will help to reduce the cost of manufacturing and increase the profitability of the company. CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY It is generally claimed that Nigerian ...

Read more

AN EVALUATION OF THE IMPACT OF ENVIRONMENTAL ACCOUNTING ON THE MANUFACTURING INDUSTRY

ABSTRACT This project work is based on “an evaluation of the impact of environmental accounting on the manufacturing industry the statement of the problems of this research work is to help us evaluate the impact of environmental accounting on the manufacturing industry. From the assessment carried out on the disclosure report in the financial statement of Nigeria industries, it was discovered that there are: Lack of environmental awareness, Lack of perceived benefit, Lack ...

Read more

THE APPLICATION OF COST VOLUME PROFIT ANALYSIS AS AN AID IN DECISION MAKING IN A MANUFACTURING INDUSTRY

CHAPTER ONE 1.0     INTRODUCTION Management has been defined as a process of planning, controlling, organizing, directing and coordinating the affair of an organization.  This process demand decision making at every stage.  Where there is a problem and choice of action not just to the satisfactory of management but for the optimal goods of the firm.  This optimal choice provide solution to the problem. The data provided must be used in ...

Read more

THE IMPACT OF INTERNAL CONTROL SYSTEM IN A MANUFACTURING INDUSTRY

ABSTRACT This research work “The Impact of Internal Control System in manufacturing Industry with reference to coca cola and ANAMCO Companies” aims at determining the strength and weakness of internal control system and exposing the areas of weakness in the operation of the system and how it effects the productivity and hence profitability of the organization. To examine the extent the internal control have gone in bringing about efficiency in ...

Read more

BUDGETING AS A TOOL FOR PLANNING AND CONTROL IN MANUFACTURING INDUSTRY

ABSTRACT This research work has focused on investigation on the use of budgeting as a tool for planning and control in topical manufacturing industry like Nigeria breweries Plc, Enugu. The objective of the study is the show the important of budgeting as a tool for planning and control in operation of a manufacture industry which has profit maximization as its principal objectives the research also aims at identifying the procedures ...

Read more

THE IMPACT OF STANDARD COSTING ON PROFITABILITY AND MANAGERIAL EFFECTIVENESS OF A MANUFACTURING INDUSTRY

ABSTRACT The impact of standard costing on profitability and managerial effectiveness of a manufacturing industry. The standard cost reveals the goals, spur actions, and provide check or controls such that exceptional profit oriented goal performance can be achieved and on the reverse, adequate punishment to be exercised for bad performance.  Standard costs cause appraised to be made over production facilities and from management intentions and capabilities and is a first step ...

Read more

THE RELEVANCE AND APPLICATION OF STANDARD COSTING IN A MANUFACTURING INDUSTRY

ABSTRACT This project is exclusively undertaken to establish the relevant and application of standard costing in a manufacturing industry a case study focused on Geolis cable LTD Nnewi. The application of standard costing in a manufacturing industry is relevant because it will help to reduce the cost of manufacturing and increase the profitability of the company. CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY It is generally claimed that Nigerian ...

Read more

THE SIGNIFICANCE OF COST ACCOUNTING INFORMATION IN THE MANUFACTURING INDUSTRY

ABSTRACT In this time of rising prices, brewery like any other manufacturing company needs an efficient system of cost control as an essential factor in reducing the cost system of production in order to maximize profit. Due to inefficient cost control system some companies just manage to break even or in most cases make substantial losses hence our assessment of cost control in Nigeria manufacturing at Guinness. As a result ...

Read more

THE SIGNIFICANCE OF COST ACCOUNTING INFORMATION IN THE MANUFACTURING INDUSTRY

ABSTRACT In this time of rising prices, brewery like any other manufacturing company needs an efficient system of cost control as an essential factor in reducing the cost system of production in order to maximize profit. Due to inefficient cost control system some companies just manage to break even or in most cases make substantial losses hence our assessment of cost control in Nigeria manufacturing at Guinness. As a result ...

Read more

APPRAISAL OF FINANCIAL MANAGEMENT PRACTICES IN A MANUFACTURING INDUSTRY

Abstract Finance is the life-wire of any organization and proper management means a sustained increase in the life of an organization. Owing to the broad view of this project when settled for an elaborate detail about it, this report or write up has been divided into five different chapters as follows: Chapter One: which is the introduction, deliberates or the introduction of the topics as regards the background, objectives scope ...

Read more

BUDGETING AS A TOOL FOR PLANNING AND CONTROL IN A MANUFACTURING INDUSTRY

CHAPTER ONE INTRODUCTION 1.0   BACKGROUND OF THE STUDY Business organizations need planning to achieve their aims and objective. It thorough planning in an organization cannot be done without involving the act of budgeting. The management has the purpose of providing a feed – foreword process. The concept of feed-forward =process in to provide each manager with guideline for making operation decision on a day –to- day basic. Budgeting deals ...

Read more

INTERNAL AUDIT PRACTICE AND CORPORATE GOAL ATTAINMENT IN THE MANUFACTURING INDUSTRY

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY An essential condition for the survival of the manufacturing industry or more generally of an organization lies in the ability of its members to act reliably and efficiently to achieve the objectives of the industry. The substantial coordination of behavior can be achieved in numerous ways. Supervision of managers and staff of manufacturing industry is becoming ineffective. However it may be wished ...

Read more

EXAMINED THE IMPACT OF SALE PROMOTION ON MANUFACTURING INDUSTRY (A CASE STUDY OF NIGERIA BAGS MANUFACTURING COMPANY IKEJA LAGOS)

TABLE OF CONTENT Title page                                                                                 i Certification                                                                             ii Dedication                                                                               iii Acknowledgement                                                                   iv Table of contents                                                                      vi CHAPTER ONE 1.1 Background to the study                                                    1 1.2 Statement of the research problem                                                2 1.3 Objectives of the study                                                       3 1.4 Significant of the study                                                       3 1.5Scope of the study                                                               3 1.6 Limitations to the study                                                      4 1.7 Definition of terms                                                             4 CHAPTER TWO: LITERATURE REVIEW  2.1 Introduction                                                                      6 2.2 Importance of ...

Read more

APPLICATION OF MATERIAL MANAGEMENT CONCEPT IN MANUFACTURING INDUSTRY (A CASE STUDY OF OKIN BISCUITS NIGERIA LIMITED)

CHAPTER ONE 1.0 INTRODUCTION The issue of materials management and its operational effects in the manufacturing organization is among the last of the specialized business function to centralize and given responsibility and authority of making major contributions to profits. Since the basic goal of any manufacturing company’s activities is the development and manufacturing o products that can be marketed at a profit, this is accomplished by the appropriate blending of ...

Read more

THE IMPACT OF COST CONTROL SYSTEM IN MANUFACTURING INDUSTRY

INTRODUCTION BACKGROUND OF THE STUDY The competitive nature of today’s business world coupled with the need for persistent cost reduction and continuous profitability have made it imperative for an organization to be aware of its cost components. This is to ensure that it products are made and sold at least possible price and this is where cost control come into act as a compass to the managers in their daily ...

Read more