CHAPTER ONE
INTRODUCTION
1.1 General introduction and background of the study
The management of an organization’s capital relates to the finance and investment of non-human resources, that is, physical and monetary assets, for the purpose of maximum benefit in terms of profitability. According to Frear (1980) profitability is determined in part by the way in which a company manages its working capital elements, especially the company’s management policies in respect of cash and account receivable/payable. Basically, there would be a drop in profit if the basic element of working capital were raised without a corresponding rise introduction or margins. So one of the principal functions of a financial manager is to provide the arrect amount of each elements of working capital at the right time and in the appropriate place to realize the greatest return on investment. A business which is basically profitable in a capital intensive industry with high level of inventory turnover but does not have an effective/efficient policies for it’s’ working capital constituents, especially cash, can easily be stopped by a temporary set-back into liquidation because it has no room to maneuver. Traditionally, the users of accounting information, especially the external users are interested in notions of solvency and liquidity as criteria for assessing credit worthiness. In recent years, cash and trade credit management has become the most important sector of financial management in many trading and manufacturing organizations. At one time, it was possible for a business to survive without proper cash management policies as well as lay down policies for accounts receivable (trade debtors) as long as it was reasonably profitable. Accounting to Bennel (1989) prior to 1970’s; trade credit was not a dominant feature of conducting business and procurement of fund were largely easily were not exploited to its fullest use. Today however, this has not generally been the case and many highly profitable companies have had liquidity. Problems and some have gone into liquidations, largely because of lack of appropriate cash and credit management policies/techniques. In these circumstances, business executives now attach a high decree of importance to the cash and accounts receivable management function. In large organizations, the financial director or treasurer is usually in charge of the management of cash resources and in introducing appropriate systems that will ensure adequate working flow that enable the economy to remain liquid at all times. Illiquidity problems could be found in all types of companies and not restricted to small inefficient firms. In some cases, large well known companies have experiences illiquidity problems and in some few instances, liquidation proceedings and eventual demise of such organizations. The current wave to distress in our financial sectors (Banks and insurance companies) provides a good background to illiquidity problems arising from inefficies in cash and credit management policies in spite of their profitability. Today, several of these institutions have been liquidated.
These developments have naturally had an effect on credit and cash management policies and it is therefore considered to be particularly important that the reasons behind these liquidity problems should be appreciated; using Anambra motor company ltd – a manufacturing organization as a case study. The choice of this organization is the relevant, which cash and credit management policies bear to its operation.
1.2 Statement of the problem
Many profitable organizations are forced into untimely liquidation, bankruptcy and experience work stoppages as a result of strike action and consequently operate at losses not because the business is not profitable but due to inefficient utilization of cash and other material resources at its disposal. Moreover, majority of business transactions are conducted credit basis and this has always increased the volume of account receivable (debtor) and a substantial amount of these receivable are lost daily through bad and doubtful debts. The resultant effect is that companies have huge amount of its fund tied to un-collectables, hence a state of illiquidity can arise. Therefore, the continued existence of a firm/company, its survival and growth depends, among other factors on how best the firm utilizes its available cash resources and the efficient management of its collectable as the neglect of these highly important core of management are could soon lead to a state of insolvency due to illiquidity problems. The study is therefore designed to evaluate the essence of efficient cash and credit management policies existing in Anambra motor company limited
1.3 Objective of study
Realizing the high rate of failed / distressed organization in the financial sector and the manufacturing sectors of the economy due to illiquidity and problems and the fact that factors responsible for such distressed conditions had not been properly addressed, the specific objectives of the study are to find out:
- The magnitude to which cash and collectibles bear to the firm’s total working capital
- To discuss as far as possible the extent to which improper management of cash resources and accounts receivable can create illiquidity/ a state of insolvency in a business outfit.
- To evaluate the extent to which an organization that requires regular use of cash resources that can ensure regularity in its liquidity management through the technique of cash flow budgeting.
- To assess the adequacy of cash and credit management policies of the case study
- On the basis of the findings of the study, propose a comprehensive and effective cash/credit policies (package) that would made for an effective management of cash and account receivable as a way off insolvency and eventual liquidation.
1.4 Research question
The following research questions have been designed to address the detailed area of the study and will serve as a guide to the researcher on the issue of the study.
- Why are most profitable organization experiencing liquidity problems in spite of large turnover and better profit margin?
- Why is cash management an essential variable in determining the continuous existence and growth of business organization?
- What are the techniques that can lead to efficient cash management?
- How can a company achieve efficiency and effective collective of receivable.
- When should a company grant credit to its customers?
- What are the likely consequences of refusing credit?
- When should a company stop further credit facilities to customers?
- What are the likely consequences of not collecting receivables as at when due?
- How can cash budgeting/ preparation of flow statements ensure adequate cash availability to solve liquidity problems?
- What are the consequences of not using cash projections techniques for cash planning and control?
- How can a company determine the optimum cash balance to meet liquidity requirements?
- Should a company charge interest on over due accounts?
These and others are the area in which this study intends to explore.
1.5 Working hypothesis
According to Spiege (1972) “a research hypothesis is an assumption, statement or suggestion about the population under consideration”.
Omololaijie (1986) defined hypothesis as a suggested investigation”
Consequently, the following hypothesis will be used in this study:
- Illiquidity and insolvency is a result of bad credit and cash management policies.
- Profitable organizations do not face liquidity problems since they made huge amount of profit
- liquidity problems are due to lack of cash planning and budgeting system
- granting cash discount has no significant effect on the ability of debtors to pay their debts.
1.6 Significance of the study
This research project will be of great importance to the company management and other corporate bodies as well as the general public as investors. This way which this study has been planned and carried out will offer enough information and explanation to all those engaged in the management of an organization either as financial managers or financial controllers.
Furthermore, this study is expected to offer a secondary source of data to many students/ researchers in the are of working capital management.
1.7 Scope and limitation of the study
Osuala (1989) defined scope of study as those parts of topic or problem that normally might be considered to be part of such but which because of limitations of time, physical capacity or other reasons, the researcher cannot or does not wish to include.” Thus the researcher had to restrict himself to a particular area of concentration and specific period of time.
The scope of this study is limited to cash and credit management policies for improved liquidity in an organization with particular reference to Anambra motor manufacturing company ltd. The researcher will only decree on the design of effective cash and credit policies through cash budgeting techniques and efficient collection procedures for bailing out companies in the web of Illiquidity/liquidation.
It is also necessary to state the scope of the study was limited to Enugu environment due to time, financial and other constraints which inhibit the researcher’s scope of activities in this field. Unwillingness/unco-operative posture of some respondents also affected the scope of this study.
1.8 Historical Background of Anammco
Daimler Ben A.G of Germany, the parent company of ANAMMCO LTD started its export to Nigeria since 1952. Mercedes – Benz commercial vehicles have been successfully marketed throughout Nigeria since then utilizing a distributive network, which has particularly laid emphasis on services this brand of vehicles had been made market lender in the country through imports.
The then federal military government of murtal /Obasanjo came up with the bold plan of negotiating a joint venture association with other manufacturers of commercial vehicles in Nigeria. The series of negotiations evolved into signing of partnership agreement between the federal military government and the Daimler Benz AG of Germany was thus incorporated as a private limited liability company with an authorized share capital of N7000,000 (seven million Naira) on 17th January, 1977 to carry out the terms of agreement. The then military governor, vol. John Atom Kpera, then laid the foundation stone of the company, in the then Anambra state on 12th may 1978. The official commissioning of the plant was later performed on 8th July, 1980 by the then president of the federal republic of Nigeria, Alhaji shehu shagari
Location
The company is located on a 31-hectre piece of land situated 8km east of Enugu, very close to the Enugu Air port in Enugu state of Nigeria.
Staff strength
Anammco has a total staff strength of about 580 current in its payroll with over 75% forming as their Junior staff.
Production range
The multi-million Naira plant was initially planed to produce trucks for the Nigeria market. But today, the plant has diversified its production range to include the full range of commercial vehicles for the rapid industrialization of the country. He only produces trucks as originally planned, but has gone a step further in fabrication, manufacturing and the production of buses and other utility vehicles. Part of its product range today includes:
MB trucks of 5-38 metric tons gross weight
MB o131 (42 seater city/Intercity buses)
MB 0400R (intercity bus-49 seats)
MB 0400RS (intercity bus – 54 seats)
MBO 911 (56 seater bus)
MBO 114 (61 seater bus)
MBO 1520 (52 seater bus)
Fire fighting vehicles
Ambulances
Mobile clinics
Refuse disposal vehicles
Vehicle refurbishment
The company has made an enviable mark on the nations industrial growth, adding over 30,000 (thirty thousands) vehicles to the nation’s transport sector, backed up effectively with a network of over 36 after sales service points and spare parts supply depots. The company’s central spare parts Depot in Enugu stocks over 35,000 line items.
1.9 Definitions of Terms/concepts
- Liquidity: Availability of cash or near cash assets for prompt settlement of current liability
- ii. Solvency: state of being able to pay current debts obligations as at when due
- iii. Accounts receivable: this refers to debtors
References:
- Benneth R. (1989) Small business survival; London pitman publishing ltd
- 2. Fear O.H.N. (1987): The management of business finance, London: Pitman publishing ltd
- 3. Osuala E.C (1987): Introduction research methodology Onitsha: Feb. publishers ltd
- 4. Spiegel, M 91972): Statistical S.I (metric) 3rd Edition USA: Mcgraw Hill Incor
- 5. Omololaiye (1986): Research methods and statistics, Jos: Fab Anieh Nig. Ltd.
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5000) into our bank Account below, send the following information to
08068231953 or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.
But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.
Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy word-to-word.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
Visit any of my project websites below:
www.easyprojectmaterials.com
www.easyprojectmaterials.com.ng
www.easyprojectmaterial.net
www.easyprojectmaterial.net.ng
www.easyprojectsolutions.com
www.worldofnolimit.com
www.worldofnolimit.com
www.nairaproject.com.ng
www.nairaprojects.com.ng
www.nairaproject.net
www.nairaprojects.net
www.uniproject.com.ng
www.uniprojects.com.ng
Tags: ENUGU STATE, EVALUATION OF CASH AND CREDIT MANAGEMENT POLICIES AS AN INSTRUMENT FOR AVOIDING ILLIQUIDITY AND LIQUIDATIONS (A CASE STUDY OF ANAMCO
CHAPTER ONE
INTRODUCTION
1.1 General introduction and background of the study
The management of an organization’s capital relates to the finance and investment of non-human resources, that is, physical and monetary assets, for the purpose of maximum benefit in terms of profitability. According to Frear (1980) profitability is determined in part by the way in which a company manages its working capital elements, especially the company’s management policies in respect of cash and account receivable/payable. Basically, there would be a drop in profit if the basic element of working capital were raised without a corresponding rise introduction or margins. So one of the principal functions of a financial manager is to provide the arrect amount of each elements of working capital at the right time and in the appropriate place to realize the greatest return on investment. A business which is basically profitable in a capital intensive industry with high level of inventory turnover but does not have an effective/efficient policies for it’s’ working capital constituents, especially cash, can easily be stopped by a temporary set-back into liquidation because it has no room to maneuver. Traditionally, the users of accounting information, especially the external users are interested in notions of solvency and liquidity as criteria for assessing credit worthiness. In recent years, cash and trade credit management has become the most important sector of financial management in many trading and manufacturing organizations. At one time, it was possible for a business to survive without proper cash management policies as well as lay down policies for accounts receivable (trade debtors) as long as it was reasonably profitable. Accounting to Bennel (1989) prior to 1970’s; trade credit was not a dominant feature of conducting business and procurement of fund were largely easily were not exploited to its fullest use. Today however, this has not generally been the case and many highly profitable companies have had liquidity. Problems and some have gone into liquidations, largely because of lack of appropriate cash and credit management policies/techniques. In these circumstances, business executives now attach a high decree of importance to the cash and accounts receivable management function. In large organizations, the financial director or treasurer is usually in charge of the management of cash resources and in introducing appropriate systems that will ensure adequate working flow that enable the economy to remain liquid at all times. Illiquidity problems could be found in all types of companies and not restricted to small inefficient firms. In some cases, large well known companies have experiences illiquidity problems and in some few instances, liquidation proceedings and eventual demise of such organizations. The current wave to distress in our financial sectors (Banks and insurance companies) provides a good background to illiquidity problems arising from inefficies in cash and credit management policies in spite of their profitability. Today, several of these institutions have been liquidated.
These developments have naturally had an effect on credit and cash management policies and it is therefore considered to be particularly important that the reasons behind these liquidity problems should be appreciated; using Anambra motor company ltd – a manufacturing organization as a case study. The choice of this organization is the relevant, which cash and credit management policies bear to its operation.
1.2 Statement of the problem
Many profitable organizations are forced into untimely liquidation, bankruptcy and experience work stoppages as a result of strike action and consequently operate at losses not because the business is not profitable but due to inefficient utilization of cash and other material resources at its disposal. Moreover, majority of business transactions are conducted credit basis and this has always increased the volume of account receivable (debtor) and a substantial amount of these receivable are lost daily through bad and doubtful debts. The resultant effect is that companies have huge amount of its fund tied to un-collectables, hence a state of illiquidity can arise. Therefore, the continued existence of a firm/company, its survival and growth depends, among other factors on how best the firm utilizes its available cash resources and the efficient management of its collectable as the neglect of these highly important core of management are could soon lead to a state of insolvency due to illiquidity problems. The study is therefore designed to evaluate the essence of efficient cash and credit management policies existing in Anambra motor company limited
1.3 Objective of study
Realizing the high rate of failed / distressed organization in the financial sector and the manufacturing sectors of the economy due to illiquidity and problems and the fact that factors responsible for such distressed conditions had not been properly addressed, the specific objectives of the study are to find out:
- The magnitude to which cash and collectibles bear to the firm’s total working capital
- To discuss as far as possible the extent to which improper management of cash resources and accounts receivable can create illiquidity/ a state of insolvency in a business outfit.
- To evaluate the extent to which an organization that requires regular use of cash resources that can ensure regularity in its liquidity management through the technique of cash flow budgeting.
- To assess the adequacy of cash and credit management policies of the case study
- On the basis of the findings of the study, propose a comprehensive and effective cash/credit policies (package) that would made for an effective management of cash and account receivable as a way off insolvency and eventual liquidation.
1.4 Research question
The following research questions have been designed to address the detailed area of the study and will serve as a guide to the researcher on the issue of the study.
- Why are most profitable organization experiencing liquidity problems in spite of large turnover and better profit margin?
- Why is cash management an essential variable in determining the continuous existence and growth of business organization?
- What are the techniques that can lead to efficient cash management?
- How can a company achieve efficiency and effective collective of receivable.
- When should a company grant credit to its customers?
- What are the likely consequences of refusing credit?
- When should a company stop further credit facilities to customers?
- What are the likely consequences of not collecting receivables as at when due?
- How can cash budgeting/ preparation of flow statements ensure adequate cash availability to solve liquidity problems?
- What are the consequences of not using cash projections techniques for cash planning and control?
- How can a company determine the optimum cash balance to meet liquidity requirements?
- Should a company charge interest on over due accounts?
These and others are the area in which this study intends to explore.
1.5 Working hypothesis
According to Spiege (1972) “a research hypothesis is an assumption, statement or suggestion about the population under consideration”.
Omololaijie (1986) defined hypothesis as a suggested investigation”
Consequently, the following hypothesis will be used in this study:
- Illiquidity and insolvency is a result of bad credit and cash management policies.
- Profitable organizations do not face liquidity problems since they made huge amount of profit
- liquidity problems are due to lack of cash planning and budgeting system
- granting cash discount has no significant effect on the ability of debtors to pay their debts.
1.6 Significance of the study
This research project will be of great importance to the company management and other corporate bodies as well as the general public as investors. This way which this study has been planned and carried out will offer enough information and explanation to all those engaged in the management of an organization either as financial managers or financial controllers.
Furthermore, this study is expected to offer a secondary source of data to many students/ researchers in the are of working capital management.
1.7 Scope and limitation of the study
Osuala (1989) defined scope of study as those parts of topic or problem that normally might be considered to be part of such but which because of limitations of time, physical capacity or other reasons, the researcher cannot or does not wish to include.” Thus the researcher had to restrict himself to a particular area of concentration and specific period of time.
The scope of this study is limited to cash and credit management policies for improved liquidity in an organization with particular reference to Anambra motor manufacturing company ltd. The researcher will only decree on the design of effective cash and credit policies through cash budgeting techniques and efficient collection procedures for bailing out companies in the web of Illiquidity/liquidation.
It is also necessary to state the scope of the study was limited to Enugu environment due to time, financial and other constraints which inhibit the researcher’s scope of activities in this field. Unwillingness/unco-operative posture of some respondents also affected the scope of this study.
1.8 Historical Background of Anammco
Daimler Ben A.G of Germany, the parent company of ANAMMCO LTD started its export to Nigeria since 1952. Mercedes – Benz commercial vehicles have been successfully marketed throughout Nigeria since then utilizing a distributive network, which has particularly laid emphasis on services this brand of vehicles had been made market lender in the country through imports.
The then federal military government of murtal /Obasanjo came up with the bold plan of negotiating a joint venture association with other manufacturers of commercial vehicles in Nigeria. The series of negotiations evolved into signing of partnership agreement between the federal military government and the Daimler Benz AG of Germany was thus incorporated as a private limited liability company with an authorized share capital of N7000,000 (seven million Naira) on 17th January, 1977 to carry out the terms of agreement. The then military governor, vol. John Atom Kpera, then laid the foundation stone of the company, in the then Anambra state on 12th may 1978. The official commissioning of the plant was later performed on 8th July, 1980 by the then president of the federal republic of Nigeria, Alhaji shehu shagari
Location
The company is located on a 31-hectre piece of land situated 8km east of Enugu, very close to the Enugu Air port in Enugu state of Nigeria.
Staff strength
Anammco has a total staff strength of about 580 current in its payroll with over 75% forming as their Junior staff.
Production range
The multi-million Naira plant was initially planed to produce trucks for the Nigeria market. But today, the plant has diversified its production range to include the full range of commercial vehicles for the rapid industrialization of the country. He only produces trucks as originally planned, but has gone a step further in fabrication, manufacturing and the production of buses and other utility vehicles. Part of its product range today includes:
MB trucks of 5-38 metric tons gross weight
MB o131 (42 seater city/Intercity buses)
MB 0400R (intercity bus-49 seats)
MB 0400RS (intercity bus – 54 seats)
MBO 911 (56 seater bus)
MBO 114 (61 seater bus)
MBO 1520 (52 seater bus)
Fire fighting vehicles
Ambulances
Mobile clinics
Refuse disposal vehicles
Vehicle refurbishment
The company has made an enviable mark on the nations industrial growth, adding over 30,000 (thirty thousands) vehicles to the nation’s transport sector, backed up effectively with a network of over 36 after sales service points and spare parts supply depots. The company’s central spare parts Depot in Enugu stocks over 35,000 line items.
1.9 Definitions of Terms/concepts
- Liquidity: Availability of cash or near cash assets for prompt settlement of current liability
- ii. Solvency: state of being able to pay current debts obligations as at when due
- iii. Accounts receivable: this refers to debtors
References:
- Benneth R. (1989) Small business survival; London pitman publishing ltd
- 2. Fear O.H.N. (1987): The management of business finance, London: Pitman publishing ltd
- 3. Osuala E.C (1987): Introduction research methodology Onitsha: Feb. publishers ltd
- 4. Spiegel, M 91972): Statistical S.I (metric) 3rd Edition USA: Mcgraw Hill Incor
- 5. Omololaiye (1986): Research methods and statistics, Jos: Fab Anieh Nig. Ltd.
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5000) into our bank Account below, send the following information to
08068231953 or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.
But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.
Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy word-to-word.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
Visit any of my project websites below:
www.easyprojectmaterials.com
www.easyprojectmaterials.com.ng
www.easyprojectmaterial.net
www.easyprojectmaterial.net.ng
www.easyprojectsolutions.com
www.worldofnolimit.com
www.worldofnolimit.com
www.nairaproject.com.ng
www.nairaprojects.com.ng
www.nairaproject.net
www.nairaprojects.net
www.uniproject.com.ng
www.uniprojects.com.ng
Tags: ENUGU STATE, EVALUATION OF CASH AND CREDIT MANAGEMENT POLICIES AS AN INSTRUMENT FOR AVOIDING ILLIQUIDITY AND LIQUIDATIONS (A CASE STUDY OF ANAMCO
ABSTRACT
The research topic of this study is “The role of financial statement in investment decisions” – a study of selected banks in Enugu metropolis. The purpose is to identify the relationship between financial statement and investment decisions, and the impact of financial statement in investment decision making and also to know if investment decisions depends solely on financial statement. The study population is 125 persons who are the member of staff of the five major selected banks. Using the Yaro Yamani formula, the sample size calculated gave (95). The formulated hypotheses were tested using Z test with statistical technique at 5% level of significance. The researcher also made use of primary methods of data collection which included questionnaires and personal interviews. Also the secondary methods of data collection used are library research of relevant materials and existing documents from the selected banks. The researcher recommends that banks in Enugu metropolis should consult the financial statement before making investment decisions, and also it is recommends that all interested parties to financial statement should used required financial ratio analysis for decision making.
TABLE OF CONTENTApproval page Dedication Acknowledgement Abstract
CHAPTER ONE: 1.0 INTRODUCTION1.1 Background of the Study 1.2 Statement of the Problems 1.3 Objective of the Study 1.4 Research Questions 1.5 Hypotheses of the Study 1.6 Significance of the Study 1.7 Scope and Limitation of the Study 1.8 Definition of terms References
CHAPTER TWO: 2.0 REVIEW OF RELATED LITERATURE2.0 Introduction2.1 Historical Development of Business Financial State Analysis and Financial Ratios 2.2 Accounting Information Tools 2.2.1 The Balance Sheet 2.2.2 The Profit and loss Account (Income Statement) 2.2.3 Statement of Accounting Policies 2.2.4 Director Report 2.2.5 The value Added Statement 2.2.6 The five year financial summary 2.2.7 The Auditor’s Report 2.2.8 Notes on the Accounts 2.2.9 A Cash Flow Statement 2.3 Quantitative Characteristic of Accounting Information 2.4 Use of Accounting Information by decision makers 2.5 Objective of Accounting Information 2.6 Importance of Accounting Information 2.7 Users of Accounting Information and their Objective 2.8 Financial Ratio Analysis References
CHAPTER THREE: 3.0 RESEARCH DESIGN AND METHODOLOGY3.1 Research Design 3.2 Sources of Data 3.3 Research Instruments 3.4 Reliability / Validity of research Instrument 3.5 Population of Study 3.6 Sample and Sampling Technique 3.7 Administration of Research Instruments 3.8 Method of Data Analysis 3.9 Decision Criterion for Validation of hypothesis References
CHAPTER FOUR: 4.0 DATA PRESENTATION AND ANALYSIS4.1 Data Presentation 4.2 Data Analysis
CHAPTER FIVE: 5.0 SUMMARY OF FINDINGS, CONCLUSION, RECOMMENDATION5.1 Summary of Findings 5.2 Conclusion 5.3 Recommendations Bibliography Appendices
CHAPTER ONE
INTRODUCTION1.1 BACKGROUND OF THE STUDYEvery business prepares profit and loss Account or income statement to ascertain the net result of financial working of the business whether it has earned some income or profit or sustained any loss. It also prepare balance sheet to find out the financial position of the business. Profit and loss account or income statement, retained earnings statement and balance sheet are known as financial statements.Gautam (2005) sees financial statement as financial information which is the information relating to the financial position of any firm; when presented in a concise and capsule form. Besides profit and loss account and balance sheet, some other statements are also prepared for deriving certain conclusions. A schedule of current assets and current liabilities of two years may be prepared to know the changes in working capital. Similarly a fund flow statement and cash flow statement may also be prepared to ascertain the future estimate of cash receipt and payment. Thus, financial statement include: profit and loss Account, income statement and balance sheet along with certain schedules and statement.Ezeamama (2010) is of the opinion that rational decisions have to be taken to manage modern business successfully and for this rational decision to be taken in line with the firms’ objective. Some analytical tools ought to be available and used based on the strengths and weakness of the firms. Thus, the financial strengths and weaknesses of a firm are revealed in its financial statement.The nature of financial statement is that financial statement is that financial statements always relate to a past period and hence they are called historical documents. Financial statements are expressed in monetary terms and it indicates profit abilities of the business through balance sheet.Financial statement are analyzed in order to use the information in financial statements to ascertain the profitability and financial soundness of the firm, to Judge the managerial efficiency for inter form comparison of similar nature and to make valuable for costs.According to Remi Aborode (2006), financial statement need to be interpreted for better understanding and analysis and it can thus be interpreted using individual items contained in financial statement or/ and using ratios computed from items contained in financial statement ( Ratio analysis).The essentials of financial statements range from the fact that financial statements should disclose correct information about profitability and financialposition of a business. The information disclosed should be presented in such a manner that it can be easily compared with the figures of the previous year or with those of other similar firms. The information so provided in financial statement should be that which can be verified from the relevant and prepared within a reasonable time after the end of accounting period. The information provided by financial statement should also be easily understood by the interested parties. Such as investors, creditors, lender and Bankers, customer’s employees, government and other agencies, the public and stock exchange.It can therefore be seen that financial information is very effective and essentials in making investment decisions in an organization be it private or public. Thus the role of financial statements in investment decision in some selected banks in Enugu metropolis will be critically evaluated.
1.2 STATEMENT OF THE PROBLEMSSeveral investment decision tools are used an financial statement of firms and these has been used for several investment decisions, which most often pays off bearing in mind the definition of what a financial statement is. It is important to note the various roles it plays in investment decision.However, the problems encountered by these investors include.v Whether these financial statements represent a true and fair view of what it purports to represents.v Whether all necessary disclosure have been made by the management of the enterprises, which can now convince a person that deductions made base on the financial statement is not misleading.v What benefit is this financial statement to the external users particularly investors who are taking decision on a daily basis?v How analytical tools are set to aid prospective investors in accessing the financial position of the corporate organization.v How to determine the profitability of a company.
1.3 OBJECTIVE OF THE STUDYThe general objective of this research work is to determine the role of financial statement in investment decision of selected bank in Enugu metropolis. This research work has the following objectivev To identify the relationship between financial statements and investment decisionsv To evaluate the impact of financial statement in investment decision making.v To identify factors influencing investment decisions on financial statements.v To highlight the problems associated with financial statement in investment decision.v To highlight the various tools used in investment decisions on financial statement.
1.4 RESEARCH QUESTIONSThe research questions were formulated from the objective such as:v What significant relationship does financial statement have to do with investment decision?v What impact does financial statement have with investment?v Are there any factors that influence investment decision?v Does making investment decisions depends depend solely on financial statement?v What are the various tools used in investment decision on financial statement?
1.5 HYPOTHESES OF THE STUDYThe following questions were constructed to guide the researcher in her study.H0 = Financial statement does not have any significant relationship with investment decision.Hl =Financial statement has significant relationship with investment decision.H0 = Financial statement does not have any impact in investment decision.Hl =Financial statement has an impact on investment decision.H0 = Making investment decisions does not solely depend on financial statement.Hl = Making investment decisions solely depend on financial statement.
1.6 SIGNIFICANCE OF THE STUDY.This study will be of immense help to the prospective investors and other interested parties of the general public so as to know how to study the financial report of a business firm in order for them to make a decision as to whether or not to invest in such firm. It will help the government to determine the taxation due and as well as to determine if all the company’s income has been included in the computation of taxes. By doing this, there will be an improvement in the overall assets and liabilities management and the management will also upgrade assets quality and lower cost of funds. The researcher is of the view that this research work will address the problem properly.
1.7 SCOPE AND LIMITATION OF THE STUDY.This study is on the selected Banks in Enugu metropolis, the limitation is of the study in the selected Banks in Enugu metropolis Enugu state. This is due tosome constraints; those constraints were financial difficulties which prevented the running down from one relevant selected Banks in Enugu to another for sources of information necessary for this study.Another constraint is the time limit within my disposal, the demand from the academic activities and limit within this constitutes.
1.8 DEFINITION OF TERMSØ FINANCIAL INFORMATIONFinancial information summarize the economic performance and situation of a business when confronted with the information and it is useful to have a framework of analysis available to make an attempt to draw what is important from the mass of less important dataØ FINANCIAL RATIOSFinancial ratios provide a means by which various items in the financial accounts are related to an appropriate base and thereby enabling these items to be regarded in their proper perspective financial ratios permit comparative studies and therefore they are important tools of financial analysis.Ø INVESTMENTInvestment is the act of intelligently determining the uses to which saving can be put investment can also be defined as the defined as thesacrifice of current consumption for a future large gain of money or consumption which could be uncertain.Ø INVESTMENT COMPANYThese are financial institutions organized for the purpose of enabling an individual investor to obtain the advantages of wide diversification in a single commitment.
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BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
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That you ordered this material shows you have agreed not to copy word-to-word.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
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www.easyprojectmaterials.com.ng
www.easyprojectmaterial.net
www.easyprojectmaterial.net.ng
www.easyprojectsolutions.com
www.worldofnolimit.com
www.worldofnolimit.com
www.nairaproject.com.ng
www.nairaprojects.com.ng
www.nairaproject.net
www.nairaprojects.net
www.uniproject.com.ng
www.uniprojects.com.ng
Tags: ENUGU STATE, ROLE OF FINANCIAL STATEMENTS IN INVESTMENT DECISIONS (A Study Of Selected Banks In Enugu Metropolis
ABSTRACT
The research topic of this study is “The role of financial statement in investment decisions” – a study of selected banks in Enugu metropolis. The purpose is to identify the relationship between financial statement and investment decisions, and the impact of financial statement in investment decision making and also to know if investment decisions depends solely on financial statement. The study population is 125 persons who are the member of staff of the five major selected banks. Using the Yaro Yamani formula, the sample size calculated gave (95). The formulated hypotheses were tested using Z test with statistical technique at 5% level of significance. The researcher also made use of primary methods of data collection which included questionnaires and personal interviews. Also the secondary methods of data collection used are library research of relevant materials and existing documents from the selected banks. The researcher recommends that banks in Enugu metropolis should consult the financial statement before making investment decisions, and also it is recommends that all interested parties to financial statement should used required financial ratio analysis for decision making.
TABLE OF CONTENTApproval page Dedication Acknowledgement Abstract
CHAPTER ONE: 1.0 INTRODUCTION1.1 Background of the Study 1.2 Statement of the Problems 1.3 Objective of the Study 1.4 Research Questions 1.5 Hypotheses of the Study 1.6 Significance of the Study 1.7 Scope and Limitation of the Study 1.8 Definition of terms References
CHAPTER TWO: 2.0 REVIEW OF RELATED LITERATURE2.0 Introduction2.1 Historical Development of Business Financial State Analysis and Financial Ratios 2.2 Accounting Information Tools 2.2.1 The Balance Sheet 2.2.2 The Profit and loss Account (Income Statement) 2.2.3 Statement of Accounting Policies 2.2.4 Director Report 2.2.5 The value Added Statement 2.2.6 The five year financial summary 2.2.7 The Auditor’s Report 2.2.8 Notes on the Accounts 2.2.9 A Cash Flow Statement 2.3 Quantitative Characteristic of Accounting Information 2.4 Use of Accounting Information by decision makers 2.5 Objective of Accounting Information 2.6 Importance of Accounting Information 2.7 Users of Accounting Information and their Objective 2.8 Financial Ratio Analysis References
CHAPTER THREE: 3.0 RESEARCH DESIGN AND METHODOLOGY3.1 Research Design 3.2 Sources of Data 3.3 Research Instruments 3.4 Reliability / Validity of research Instrument 3.5 Population of Study 3.6 Sample and Sampling Technique 3.7 Administration of Research Instruments 3.8 Method of Data Analysis 3.9 Decision Criterion for Validation of hypothesis References
CHAPTER FOUR: 4.0 DATA PRESENTATION AND ANALYSIS4.1 Data Presentation 4.2 Data Analysis
CHAPTER FIVE: 5.0 SUMMARY OF FINDINGS, CONCLUSION, RECOMMENDATION5.1 Summary of Findings 5.2 Conclusion 5.3 Recommendations Bibliography Appendices
CHAPTER ONE
INTRODUCTION1.1 BACKGROUND OF THE STUDYEvery business prepares profit and loss Account or income statement to ascertain the net result of financial working of the business whether it has earned some income or profit or sustained any loss. It also prepare balance sheet to find out the financial position of the business. Profit and loss account or income statement, retained earnings statement and balance sheet are known as financial statements.Gautam (2005) sees financial statement as financial information which is the information relating to the financial position of any firm; when presented in a concise and capsule form. Besides profit and loss account and balance sheet, some other statements are also prepared for deriving certain conclusions. A schedule of current assets and current liabilities of two years may be prepared to know the changes in working capital. Similarly a fund flow statement and cash flow statement may also be prepared to ascertain the future estimate of cash receipt and payment. Thus, financial statement include: profit and loss Account, income statement and balance sheet along with certain schedules and statement.Ezeamama (2010) is of the opinion that rational decisions have to be taken to manage modern business successfully and for this rational decision to be taken in line with the firms’ objective. Some analytical tools ought to be available and used based on the strengths and weakness of the firms. Thus, the financial strengths and weaknesses of a firm are revealed in its financial statement.The nature of financial statement is that financial statement is that financial statements always relate to a past period and hence they are called historical documents. Financial statements are expressed in monetary terms and it indicates profit abilities of the business through balance sheet.Financial statement are analyzed in order to use the information in financial statements to ascertain the profitability and financial soundness of the firm, to Judge the managerial efficiency for inter form comparison of similar nature and to make valuable for costs.According to Remi Aborode (2006), financial statement need to be interpreted for better understanding and analysis and it can thus be interpreted using individual items contained in financial statement or/ and using ratios computed from items contained in financial statement ( Ratio analysis).The essentials of financial statements range from the fact that financial statements should disclose correct information about profitability and financialposition of a business. The information disclosed should be presented in such a manner that it can be easily compared with the figures of the previous year or with those of other similar firms. The information so provided in financial statement should be that which can be verified from the relevant and prepared within a reasonable time after the end of accounting period. The information provided by financial statement should also be easily understood by the interested parties. Such as investors, creditors, lender and Bankers, customer’s employees, government and other agencies, the public and stock exchange.It can therefore be seen that financial information is very effective and essentials in making investment decisions in an organization be it private or public. Thus the role of financial statements in investment decision in some selected banks in Enugu metropolis will be critically evaluated.
1.2 STATEMENT OF THE PROBLEMSSeveral investment decision tools are used an financial statement of firms and these has been used for several investment decisions, which most often pays off bearing in mind the definition of what a financial statement is. It is important to note the various roles it plays in investment decision.However, the problems encountered by these investors include.v Whether these financial statements represent a true and fair view of what it purports to represents.v Whether all necessary disclosure have been made by the management of the enterprises, which can now convince a person that deductions made base on the financial statement is not misleading.v What benefit is this financial statement to the external users particularly investors who are taking decision on a daily basis?v How analytical tools are set to aid prospective investors in accessing the financial position of the corporate organization.v How to determine the profitability of a company.
1.3 OBJECTIVE OF THE STUDYThe general objective of this research work is to determine the role of financial statement in investment decision of selected bank in Enugu metropolis. This research work has the following objectivev To identify the relationship between financial statements and investment decisionsv To evaluate the impact of financial statement in investment decision making.v To identify factors influencing investment decisions on financial statements.v To highlight the problems associated with financial statement in investment decision.v To highlight the various tools used in investment decisions on financial statement.
1.4 RESEARCH QUESTIONSThe research questions were formulated from the objective such as:v What significant relationship does financial statement have to do with investment decision?v What impact does financial statement have with investment?v Are there any factors that influence investment decision?v Does making investment decisions depends depend solely on financial statement?v What are the various tools used in investment decision on financial statement?
1.5 HYPOTHESES OF THE STUDYThe following questions were constructed to guide the researcher in her study.H0 = Financial statement does not have any significant relationship with investment decision.Hl =Financial statement has significant relationship with investment decision.H0 = Financial statement does not have any impact in investment decision.Hl =Financial statement has an impact on investment decision.H0 = Making investment decisions does not solely depend on financial statement.Hl = Making investment decisions solely depend on financial statement.
1.6 SIGNIFICANCE OF THE STUDY.This study will be of immense help to the prospective investors and other interested parties of the general public so as to know how to study the financial report of a business firm in order for them to make a decision as to whether or not to invest in such firm. It will help the government to determine the taxation due and as well as to determine if all the company’s income has been included in the computation of taxes. By doing this, there will be an improvement in the overall assets and liabilities management and the management will also upgrade assets quality and lower cost of funds. The researcher is of the view that this research work will address the problem properly.
1.7 SCOPE AND LIMITATION OF THE STUDY.This study is on the selected Banks in Enugu metropolis, the limitation is of the study in the selected Banks in Enugu metropolis Enugu state. This is due tosome constraints; those constraints were financial difficulties which prevented the running down from one relevant selected Banks in Enugu to another for sources of information necessary for this study.Another constraint is the time limit within my disposal, the demand from the academic activities and limit within this constitutes.
1.8 DEFINITION OF TERMSØ FINANCIAL INFORMATIONFinancial information summarize the economic performance and situation of a business when confronted with the information and it is useful to have a framework of analysis available to make an attempt to draw what is important from the mass of less important dataØ FINANCIAL RATIOSFinancial ratios provide a means by which various items in the financial accounts are related to an appropriate base and thereby enabling these items to be regarded in their proper perspective financial ratios permit comparative studies and therefore they are important tools of financial analysis.Ø INVESTMENTInvestment is the act of intelligently determining the uses to which saving can be put investment can also be defined as the defined as thesacrifice of current consumption for a future large gain of money or consumption which could be uncertain.Ø INVESTMENT COMPANYThese are financial institutions organized for the purpose of enabling an individual investor to obtain the advantages of wide diversification in a single commitment.
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5000) into our bank Account below, send the following information to
08068231953 or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.
But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.
Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy word-to-word.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
Visit any of my project websites below:
www.easyprojectmaterials.com
www.easyprojectmaterials.com.ng
www.easyprojectmaterial.net
www.easyprojectmaterial.net.ng
www.easyprojectsolutions.com
www.worldofnolimit.com
www.worldofnolimit.com
www.nairaproject.com.ng
www.nairaprojects.com.ng
www.nairaproject.net
www.nairaprojects.net
www.uniproject.com.ng
www.uniprojects.com.ng
Tags: ENUGU STATE, ROLE OF FINANCIAL STATEMENTS IN INVESTMENT DECISIONS (A Study Of Selected Banks In Enugu Metropolis
CHAPTER ONE
INTRODUCTION
There has been an eminent question on the part of most writer of industrial organization to study and find solution to some problem on the productivity of workers, how it can be measured and what factors influence the workers performance in the organization operation.
However in this study it is a discussion on how incentives influence an organization operation. This leading to greater productivity as a result of workers performance labour, is know to be one of the major factors of production and dry production process will be incomplete without labour as a major determinant and this are human beings whose services are purpose which include production of good and services.
A good organization operation will be determined by its productivity level which is the amount of good and services produced by certain number of labour forces and the resource available at the organization disposal; this is generally accepted fact that without compensation in return (incentive) labour will be unfunction incentive is the payment or benefit made to or received by a worker either week monthly periodically or quterly as suitable to organization in exchange for work and services reddened in the process of production.
Incentive comprises of salaries overtime payment job security provision of amenities etc which shall all be discuss later in other chapter. The has been persistent controversy over the importance of these incentives to works.
Economic and many industrial executive are prone to stress the importance of incentives in determining the worker job satisfaction and preference level which leads to high productivity and good organization operation.
During the part two decades, the question for better ways of motivating people at work has caused some researchers to concentrate on the physiological factors that stimulate workers rather than developing the incentives of financial rewards. The choice between financial reward s. the choice between financial incentives and physiological incentives has been the subject of contrivers . Both sides of those arguments are discussed in later chapter of the work.
However, there has not been any comprehensive sheme to satisfy al situations and motivations of works varies with the type of work and even with the particular Job but any form of motivation will not have the same appeal for individual workers to mere employment of working Job incentives can now be seen a very important factor in encouraging and enhancing workers performance and efficient organizations operation through not without putting the following into consideration.
A) Satisfaction of workers which is suitable ways and salaries for children, better medical facilities transportation facilities, moderate working hours and a peaceful and cornfortable reticent, just to mention all but a few- To increase their commitment to work and enhance their performance work.
B) Provision of adequate quantity of goods and service on which people can spend their money, whatever the level of ways paid to workers, Unless there is a steady and abundant supply of essential commodities there can be no end to demand for ways increase.
C) The existence of labour relation of workers union whose prime responsibility is to maximize both economic and social well being of its members will go a long way in increasing workers productivity through provision of some incentives.
1.1 BACKGROUND OF STUDY
The history of ways and salaries in Nigeria is traceable to the colonial period when effort were made to review workers salaries, but emphasis will be laid on the past colonial and independence era in this study.
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5000) into our bank Account below, send the following information to
08068231953 or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.
But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.
Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy word-to-word.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
Visit any of my project websites below:
www.easyprojectmaterials.com
www.easyprojectmaterials.com.ng
www.easyprojectmaterial.net
www.easyprojectmaterial.net.ng
www.easyprojectsolutions.com
www.worldofnolimit.com
www.worldofnolimit.com
www.nairaproject.com.ng
www.nairaprojects.com.ng
www.nairaproject.net
www.nairaprojects.net
www.uniproject.com.ng
www.uniprojects.com.ng
Tags: ENUGU STATE, THE INFLUENCE OF JOB INCENTIVES IN ORGANIZATIONS OPERATION (A CASE STUDY OF NIGERIA BOTTLING COMPANY PLC NINTH MILE
CHAPTER ONE
INTRODUCTION
There has been an eminent question on the part of most writer of industrial organization to study and find solution to some problem on the productivity of workers, how it can be measured and what factors influence the workers performance in the organization operation.
However in this study it is a discussion on how incentives influence an organization operation. This leading to greater productivity as a result of workers performance labour, is know to be one of the major factors of production and dry production process will be incomplete without labour as a major determinant and this are human beings whose services are purpose which include production of good and services.
A good organization operation will be determined by its productivity level which is the amount of good and services produced by certain number of labour forces and the resource available at the organization disposal; this is generally accepted fact that without compensation in return (incentive) labour will be unfunction incentive is the payment or benefit made to or received by a worker either week monthly periodically or quterly as suitable to organization in exchange for work and services reddened in the process of production.
Incentive comprises of salaries overtime payment job security provision of amenities etc which shall all be discuss later in other chapter. The has been persistent controversy over the importance of these incentives to works.
Economic and many industrial executive are prone to stress the importance of incentives in determining the worker job satisfaction and preference level which leads to high productivity and good organization operation.
During the part two decades, the question for better ways of motivating people at work has caused some researchers to concentrate on the physiological factors that stimulate workers rather than developing the incentives of financial rewards. The choice between financial reward s. the choice between financial incentives and physiological incentives has been the subject of contrivers . Both sides of those arguments are discussed in later chapter of the work.
However, there has not been any comprehensive sheme to satisfy al situations and motivations of works varies with the type of work and even with the particular Job but any form of motivation will not have the same appeal for individual workers to mere employment of working Job incentives can now be seen a very important factor in encouraging and enhancing workers performance and efficient organizations operation through not without putting the following into consideration.
A) Satisfaction of workers which is suitable ways and salaries for children, better medical facilities transportation facilities, moderate working hours and a peaceful and cornfortable reticent, just to mention all but a few- To increase their commitment to work and enhance their performance work.
B) Provision of adequate quantity of goods and service on which people can spend their money, whatever the level of ways paid to workers, Unless there is a steady and abundant supply of essential commodities there can be no end to demand for ways increase.
C) The existence of labour relation of workers union whose prime responsibility is to maximize both economic and social well being of its members will go a long way in increasing workers productivity through provision of some incentives.
1.1 BACKGROUND OF STUDY
The history of ways and salaries in Nigeria is traceable to the colonial period when effort were made to review workers salaries, but emphasis will be laid on the past colonial and independence era in this study.
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5000) into our bank Account below, send the following information to
08068231953 or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.
But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.
Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy word-to-word.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
Visit any of my project websites below:
www.easyprojectmaterials.com
www.easyprojectmaterials.com.ng
www.easyprojectmaterial.net
www.easyprojectmaterial.net.ng
www.easyprojectsolutions.com
www.worldofnolimit.com
www.worldofnolimit.com
www.nairaproject.com.ng
www.nairaprojects.com.ng
www.nairaproject.net
www.nairaprojects.net
www.uniproject.com.ng
www.uniprojects.com.ng
Tags: ENUGU STATE, THE INFLUENCE OF JOB INCENTIVES IN ORGANIZATIONS OPERATION (A CASE STUDY OF NIGERIA BOTTLING COMPANY PLC NINTH MILE
ABSTRACT
This project is written in partial fulfillment of the requirement for the award of Higher National Diploma.
Let me state that I was motivated to write on the topic “The effects of credit management on liquidity position of a manufacturing company” mainly because of the wealth of area of liquidity position in our society.
Looking back at the quality of lectures received on the liquidity position of companies and its procedures, I can now happily say that this work is a dream come true.
The purpose of this work is to make known to people the effect of credit management on liquidity position of a manufacturing company; and the role it plays in our society.
This project is organized in five (5) chapters.
Chapter one; Introduction and Historical background of the manufacturing company this is involved; Nigerian Breweries Plc. It presents statements of problem, research objective, statement of hypothesis, significance of the study, limitation and scope of the study and definition of terms.
In chapter two, the existing literature in the history of the topic, historical background of credit, credit policy, trade credit, credit management, effects of credit and bad debts on profitability, determination of liquidyt, and the effects of credit on liquidity.
Chapter three, talks about the research methodology, sources of data, survey instrument, statistical treatment and analysis of data and reliability of data.
In chapter four, data analysis, analysis of questionnaire, published and unpublished data collected from the Brewery’s book, the result at a glance and test of hypothesis, interpretation of result.
Chapter five, this is where we have the summary of findings, discussion of findings, conclusion, recommendation and bibliography.
PROPOSAL
This project is written in partial fulfillment of the requirement for the award of Higher National Diploma.
Let me state here that I was motivated to write on the topic “The effects of credit management on liquidity position of a manufacturing company “OLY because of the wealth of area of liquidity position in our society.
Looking back at the quality of lectures received on the liquidity position of companies and it’s procedures, I can now happily say that this work is a dream come true.
The purpose of this work is to make known to people the effect of credit management on liquidity position of a manufacturing company, and the role it plays in our society.
This project is organized in five chapters.
Chapter one; Introduction and Historical background of the manufacturing company this is involved; Nigerian Breweries Plc. It presents statements of problem, research objective, statement of hypothesis, significance of the study, limitation and scope of the study and definition of terms.
In chapter two, the existing literature in the history of the topic, historical background of credit, credit policy, trade credit, credit management, effects of credit and bad debts on profitability, determination of liquidyt, and the effects of credit on liquidity.
Chapter three, talks about the research methodology, sources of data, survey instrument, statistical treatment and analysis of data and reliability of data.
In chapter four, data analysis, analysis of questionnaire, published and unpublished data collected from the Brewery’s book, the result at a glance and test of hypothesis, interpretation of result.
Chapter five, this is where we have the summary of findings, discussion of findings, conclusion, recommendation and bibliography.
CHAPTER ONE
1.0 INTRODUCTION:
1.1 HISTORICAL BACKGROUND OF NIGERIAN BREWERIES:
Nigerian Breweries Plc was founded in 1946 and since then has matured to become the absolute pinnacle of corporate Nigeria.
Today, Nigerian Breweries most recent extension, the new Ama Brewery, has taken the company into a new chapter in its history. Nigerian Breweries: more than half a century of efforts to achieve world class status in Africa.
Over a period of slightly more than fifty (50) years, Nigerian Breweries has had success after success and has succeeded in anchoring itself firmly in the Nigerian beer market, the business community and indeed in the very hearts of Nigerian themselves.
The “Rising Star” or Nigerian Breweries has, for many decades now, been synonymous with success, quality and commitment. The organization can boast a wide portfolio of brands that cover the three segments of the Nigerian beer market (Larger, Stout and Malt): Star, Gulder, Heineken, Legan Extra Stout, Maltina, and Amstel malta.
In 1949, three years after its foundation, the first bottles of star were being filled on the bottling line of the brand new brewery in Lagos.
Three more breweries have been founded since then: Aba, Kaduna and Ibadan. Enugu brewery was acquired in 1993.
For decades, Nigerian Breweries had tow large shareholders, one of which, Heineken had always focused on providing the breweries with technical support. In year 2000, Heineken seized the opportunity of acquiring a 54.2% majority interest in Nigerian Breweries, a decision which underlined Heineken’s commitment to the African continent.
Thanks to the process of democratization that started to emerge towards the close of the 1990s, plus the brewery’s alert anticipation of what would happen in the new situation. Nigerian Breweries successfully managed to accelerate a growth in sales from 2.5 million hectoliter in 1998 to 5.5 million hectoliter (hi) in 2003. This was so successful in fact that a luxury problem arose: the demand for Star, Gulder, and Maltina started to outstrip actual
HOW TO GET THE FULL PROJECT WORK
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HOW TO RECEIVE PROJECT MATERIAL(S)
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(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.
But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.
Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy word-to-word.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
Visit any of my project websites below:
www.easyprojectmaterials.com
www.easyprojectmaterials.com.ng
www.easyprojectmaterial.net
www.easyprojectmaterial.net.ng
www.easyprojectsolutions.com
www.worldofnolimit.com
www.worldofnolimit.com
www.nairaproject.com.ng
www.nairaprojects.com.ng
www.nairaproject.net
www.nairaprojects.net
www.uniproject.com.ng
www.uniprojects.com.ng
Tags: ENUGU STATE, THE EFFECTS OF CREDIT MANAGEMENT ON LIQUIDITY POSITION OF A MANUFACTURING COMPANY (A CASE STUDY OF NIGERIAN BREWERIES PLC
ABSTRACT
This project is written in partial fulfillment of the requirement for the award of Higher National Diploma.
Let me state that I was motivated to write on the topic “The effects of credit management on liquidity position of a manufacturing company” mainly because of the wealth of area of liquidity position in our society.
Looking back at the quality of lectures received on the liquidity position of companies and its procedures, I can now happily say that this work is a dream come true.
The purpose of this work is to make known to people the effect of credit management on liquidity position of a manufacturing company; and the role it plays in our society.
This project is organized in five (5) chapters.
Chapter one; Introduction and Historical background of the manufacturing company this is involved; Nigerian Breweries Plc. It presents statements of problem, research objective, statement of hypothesis, significance of the study, limitation and scope of the study and definition of terms.
In chapter two, the existing literature in the history of the topic, historical background of credit, credit policy, trade credit, credit management, effects of credit and bad debts on profitability, determination of liquidyt, and the effects of credit on liquidity.
Chapter three, talks about the research methodology, sources of data, survey instrument, statistical treatment and analysis of data and reliability of data.
In chapter four, data analysis, analysis of questionnaire, published and unpublished data collected from the Brewery’s book, the result at a glance and test of hypothesis, interpretation of result.
Chapter five, this is where we have the summary of findings, discussion of findings, conclusion, recommendation and bibliography.
PROPOSAL
This project is written in partial fulfillment of the requirement for the award of Higher National Diploma.
Let me state here that I was motivated to write on the topic “The effects of credit management on liquidity position of a manufacturing company “OLY because of the wealth of area of liquidity position in our society.
Looking back at the quality of lectures received on the liquidity position of companies and it’s procedures, I can now happily say that this work is a dream come true.
The purpose of this work is to make known to people the effect of credit management on liquidity position of a manufacturing company, and the role it plays in our society.
This project is organized in five chapters.
Chapter one; Introduction and Historical background of the manufacturing company this is involved; Nigerian Breweries Plc. It presents statements of problem, research objective, statement of hypothesis, significance of the study, limitation and scope of the study and definition of terms.
In chapter two, the existing literature in the history of the topic, historical background of credit, credit policy, trade credit, credit management, effects of credit and bad debts on profitability, determination of liquidyt, and the effects of credit on liquidity.
Chapter three, talks about the research methodology, sources of data, survey instrument, statistical treatment and analysis of data and reliability of data.
In chapter four, data analysis, analysis of questionnaire, published and unpublished data collected from the Brewery’s book, the result at a glance and test of hypothesis, interpretation of result.
Chapter five, this is where we have the summary of findings, discussion of findings, conclusion, recommendation and bibliography.
CHAPTER ONE
1.0 INTRODUCTION:
1.1 HISTORICAL BACKGROUND OF NIGERIAN BREWERIES:
Nigerian Breweries Plc was founded in 1946 and since then has matured to become the absolute pinnacle of corporate Nigeria.
Today, Nigerian Breweries most recent extension, the new Ama Brewery, has taken the company into a new chapter in its history. Nigerian Breweries: more than half a century of efforts to achieve world class status in Africa.
Over a period of slightly more than fifty (50) years, Nigerian Breweries has had success after success and has succeeded in anchoring itself firmly in the Nigerian beer market, the business community and indeed in the very hearts of Nigerian themselves.
The “Rising Star” or Nigerian Breweries has, for many decades now, been synonymous with success, quality and commitment. The organization can boast a wide portfolio of brands that cover the three segments of the Nigerian beer market (Larger, Stout and Malt): Star, Gulder, Heineken, Legan Extra Stout, Maltina, and Amstel malta.
In 1949, three years after its foundation, the first bottles of star were being filled on the bottling line of the brand new brewery in Lagos.
Three more breweries have been founded since then: Aba, Kaduna and Ibadan. Enugu brewery was acquired in 1993.
For decades, Nigerian Breweries had tow large shareholders, one of which, Heineken had always focused on providing the breweries with technical support. In year 2000, Heineken seized the opportunity of acquiring a 54.2% majority interest in Nigerian Breweries, a decision which underlined Heineken’s commitment to the African continent.
Thanks to the process of democratization that started to emerge towards the close of the 1990s, plus the brewery’s alert anticipation of what would happen in the new situation. Nigerian Breweries successfully managed to accelerate a growth in sales from 2.5 million hectoliter in 1998 to 5.5 million hectoliter (hi) in 2003. This was so successful in fact that a luxury problem arose: the demand for Star, Gulder, and Maltina started to outstrip actual
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5000) into our bank Account below, send the following information to
08068231953 or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.
But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.
Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy word-to-word.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
Visit any of my project websites below:
www.easyprojectmaterials.com
www.easyprojectmaterials.com.ng
www.easyprojectmaterial.net
www.easyprojectmaterial.net.ng
www.easyprojectsolutions.com
www.worldofnolimit.com
www.worldofnolimit.com
www.nairaproject.com.ng
www.nairaprojects.com.ng
www.nairaproject.net
www.nairaprojects.net
www.uniproject.com.ng
www.uniprojects.com.ng
Tags: ENUGU STATE, THE EFFECTS OF CREDIT MANAGEMENT ON LIQUIDITY POSITION OF A MANUFACTURING COMPANY (A CASE STUDY OF NIGERIAN BREWERIES PLC
TABLE OF CONTENTS
Cover page
Title page
Approval page
Dedication
Acknowledgement
Proposals
List of table
Table o contents
Chapter one: Introduction
1.1 General introduction and background of the study
1.2 Statement of problem
1.3 Objective of the study
1.4 Research questions
1.5 Working hypothesis
1.6 Significant of the study
1.7 Scope and limitation of the study
1.8 Historical background of Anamco
1.9 Definition of terms and concepts
References
Chapter two: Literature review
2.1 Concepts of liquidity and its effect on business operations
2.2 Issues in cash management
2.3 Cash planning and control
2.4 Techniques of cash control
2.5 Management f receivable (debtors)
2.6 The use of accounting ratios in the management of cash and accounts
References
Chapter three: Research design and Methodology
3.1 Sources of data
3.2 Research population
3.3 Sample size and sampling techniques
3.4 Questionnaire design /administration
3.5 Validity and reliability of instrument
3.6 Method of data analysis
Chapter four: data presentation, analysis and interpretation of data
4.1 Analysis and discussion of research questionnaires
4.2 Test of hypothesis
Chapter five: summary of findings, conclusion and recommendation
5.1 Summary of findings
5.2 Conclusion
5.3 Recommendations
References
Appendix
Questionnaires
RESEARCH PROPOSALS
This research work is designed to find out the magnitude to which cash and collectibles bear to the firms total working capital and to discuss as far as possible the extent to which improper management of cash resources and accounts receivable can create illiquidity and a state of insolvency in a business outfit.
In conducting the research for this topic, the primary sources of information will be interviews and questionnaire and also secondary sources like text book, Annual reports, journals and periodicals.
The appropriate statistical tools will be applied in analyzing the project data.
The major problems which I am likely to encounter while doing this research work are: time factor, inadequate funding, anti-research attitude. Apart from all these problems and which must be looked at the time of initiating this research, the research work will be a practicable one if adopt all the techniques above.
I hope that when this project has been completed, the problem of untimely liquidation and illiquidity in financial and other sectors of the economy will be a thing of the pasty.
In conclusion therefore, the researcher will suggest how adequate cash and credit management by the financial managers can lead to expansion of business.
CHAPTER ONE
INTRODUCTION
1.1 General introduction and background of the study
The management of an organization’s capital relates to the finance and investment of non-human resources, that is, physical and monetary assets, for the purpose of maximum benefit in terms of profitability. According to Frear (1980) profitability is determined in part by the way in which a company manages its working capital elements, especially the company’s management policies in respect of cash and account receivable/payable. Basically, there would be a drop in profit if the basic element of working capital were raised without a corresponding rise introduction or margins. So one of the principal functions of a financial manager is to provide the arrect amount of each elements of working capital at the right time and in the appropriate place to realize the greatest return on investment. A business which is basically profitable in a capital intensive industry with high level of inventory turnover but does not have an effective/efficient policies for it’s’ working capital constituents, especially cash, can easily be stopped by a temporary set-back into liquidation because it has no room to maneuver. Traditionally, the users of accounting
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5000) into our bank Account below, send the following information to
08068231953 or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.
But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.
Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy word-to-word.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
Visit any of my project websites below:
www.easyprojectmaterials.com
www.easyprojectmaterials.com.ng
www.easyprojectmaterial.net
www.easyprojectmaterial.net.ng
www.easyprojectsolutions.com
www.worldofnolimit.com
www.worldofnolimit.com
www.nairaproject.com.ng
www.nairaprojects.com.ng
www.nairaproject.net
www.nairaprojects.net
www.uniproject.com.ng
www.uniprojects.com.ng
Tags: ENUGU STATE, EVALUATION OF CASH AND CREDIT MANAGEMENT POLICIES AS AN INSTRUMENT FOR AVOIDING LIQUIDITY AND LIQUIDATIONS (A CASE STUDY OF ANAMCO
CHAPTER ONE
INTRODUCTION
There has been an eminent question on the part of most writer of industrial organization to study and find solution to some problem on the productivity of workers, how it can be measured and what factors influence the workers performance in the organization operation.
However in this study it is a discussion on how incentives influence an organization operation. This leading to greater productivity as a result of workers performance labour, is know to be one of the major factors of production and dry production process will be incomplete without labour as a major determinant and this are human beings whose services are purpose which include production of good and services.
A good organization operation will be determined by its productivity level which is the amount of good and services produced by certain number of labour forces and the resource available at the organization disposal; this is generally accepted fact that without compensation in return (incentive) labour will be unfunction incentive is the payment or benefit made to or received by a worker either week monthly periodically or quterly as suitable to organization in exchange for work and services reddened in the process of production.
Incentive comprises of salaries overtime payment job security provision of amenities etc which shall all be discuss later in other chapter. The has been persistent controversy over the importance of these incentives to works.
Economic and many industrial executive are prone to stress the importance of incentives in determining the worker job satisfaction and preference level which leads to high productivity and good organization operation.
During the part two decades, the question for better ways of motivating people at work has caused some researchers to concentrate on the physiological factors that stimulate workers rather than developing the incentives of financial rewards. The choice between financial reward s. the choice between financial incentives and physiological incentives has been the subject of contrivers . Both sides of those arguments are discussed in later chapter of the work.
However, there has not been any comprehensive sheme to satisfy al situations and motivations of works varies with the type of work and even with the particular Job but any form of motivation will not have the same appeal for individual workers to mere employment of working Job incentives can now be seen a very important factor in encouraging and enhancing workers performance and efficient organizations operation through not without putting the following into consideration.
A) Satisfaction of workers which is suitable ways and salaries for children, better medical facilities transportation facilities, moderate working hours and a peaceful and cornfortable reticent, just to mention all but a few- To increase their commitment to work and enhance their performance work.
B) Provision of adequate quantity of goods and service on which people can spend their money, whatever the level of ways paid to workers, Unless there is a steady and abundant supply of essential commodities there can be no end to demand for ways increase.
C) The existence of labour relation of workers union whose prime responsibility is to maximize both economic and social well being of its members will go a long way in increasing workers productivity through provision of some incentives.
1.1 BACKGROUND OF STUDY
The history of ways and salaries in Nigeria is traceable to the colonial period when effort were made to review workers salaries, but emphasis will be laid on the past colonial and independence era in this study.
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HOW TO RECEIVE PROJECT MATERIAL(S)
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08068231953 or 08168759420
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(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.
But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.
Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy word-to-word.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
Visit any of my project websites below:
www.easyprojectmaterials.com
www.easyprojectmaterials.com.ng
www.easyprojectmaterial.net
www.easyprojectmaterial.net.ng
www.easyprojectsolutions.com
www.worldofnolimit.com
www.worldofnolimit.com
www.nairaproject.com.ng
www.nairaprojects.com.ng
www.nairaproject.net
www.nairaprojects.net
www.uniproject.com.ng
www.uniprojects.com.ng
Tags: ENUGU STATE, THE INFLUENCE OF JOB INCENTIVES IN ORGANIZATIONS OPERATION (A CASE STUDY OF NIGERIA BOTTLING COMPANY PLC NINTH MILE
