IN THIS RESEARCH PAPER
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- Abstract : Available
- Table of Content: Available
- Research Questions and Hypothesis
- Questionnaires
- References Style: APA
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DOWNLOAD COMPLETE RESEARCH MATERIAL NOW! NGN3,000Abstract:
This research examines the importance of budgeting and budgetary control in ensuring profitability within manufacturing and marketing organizations, using Total Nigeria Ltd as a case study. Budgeting is a critical tool for effective financial management, facilitating coordination, planning, and performance monitoring. The study investigates the role of budgeting in enhancing decision-making processes, ensuring resource allocation aligns with organizational objectives, and controlling costs. Through a five-year trend analysis (1993-1997), this research explores how Total Nigeria Ltd has employed budgeting to achieve consistent profits amidst fluctuating market conditions. The study highlights the significance of budgeting in providing a framework for performance evaluation, fostering inter-departmental coordination, and managing operational efficiency. By analyzing the variance between budgeted and actual performance, the research assesses whether Total Nigeria Ltd’s budgeting control system is an effective tool for maximizing profits. Furthermore, it explores whether performance-based rewards and penalties contribute to achieving budget goals. This study aims to offer insights into the practical application of budgeting controls and how they impact the financial stability of an organization. The findings could serve as a guide for other companies looking to optimize their budgeting strategies and enhance their profitability in a competitive business environment.
Keywords: Budgeting, Budgetary Control, Profit Maximization, Financial Management, Resource Allocation, Variance Analysis, Total Nigeria Ltd
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TABLE OF CONTENT
TITLE PAGE
DEDICATION
ACKNOWLEDGEMENT
ABSTRACT
TABLE OF CONTENT
CHAPTER ONE:
1.1 INTRODUCTION
1.2 STATEMENT OF THE PROBLEM
1.3 BJECTIVE OF STUDY
1.4 SIGNIFICANCE OF STUDY
1.5 SCOPE OF THE STUDY
1.6 IMITATIONS OF THIS STUDY
1.7 EFINITION OF TERMS
CHAPTER TWO:
2.1 REVIEWS RELATED TO LITERATURE
2.2 THE CONCEPT OF BUDGETING ANDS BUDGETING CONTROL
2.3 TYPES OF BUDGET
2.4 BUDGET PREPARATION
2.5 ADMINISTRATION OF BUDGET
2.6 HUMAN FACTOR IN BUDGETING
2.7INNOVATION IN BUDGETING
2.8 HISTORICAL BACKGROUND OF TOTAL NIGERIA LTD
CHAPTER THREE
RESEARCG METHODOLOGY
3.1 INTRODUCTION
3.2 RESEARCH DESIGN
3.3 PRIMARY SOURCE OF DATA
3.4 POPULATION
3.5 SAMPLE TECHNIQUES
3. 6 SAMPLE SIZE
3.7 REMARKS
CHAPTER FOUR
DATA ANALYSIS AND INTERPRETATION
4.1 PRESENTATION OF RELATED DATA
4.2 METHOD OF DATA ANALYSIS
4.3 ANALYSIS OF RELATED DATA
4.4 TESTING OF THE HYPOTHESIS
CHAPTER FIVE
SUMMARY, FINDINGS, CONCLUSION AND RECOMMENDATION
5.1 SAMMRY OF THE FINDINGS
5.2 CONCLUSION
5.3 RECOMMENDATION
BIBLIOGRAPHY