RESEARCH AS AN INSTRUMET OF ORGANISTION EFFECTIVE
(A CASE STUDY OF NIGERIAN BOTTLING COMPANY PLC ENUGU)
As the topic states, that is “the need for efficient inventory management in a manufacturing company.
One major component of this cost in many manufacturing organization that desires the att4ention of management in the investment in inventories” otherwise known as stock one will then say that really manufacturing companies face inventorying management problems of what the researcher tried to analyze and burring possible solution to that effect the problems associated with inventory management are unavailability of raw materials, the determinations of optimum level of stock as well as the discrepancy between policy and practice in stock management.
In carrying out the research work, some research work, some research questions were asked such as:
a. Does the company make policy decision about stock management?
b. Does inventory planning involve the determination of such factors as market demand and plant capacity.
c. What benefit are derived from maintaining inventory at their optimal level?
The simple random sampling techniques was used and their method of data collection used were oral interview, company journals, textbooks and questionnaires which were mostly structured the department act as source of data for planning and controlling of stocks.
Moreover, from the analysis of data gathered, it was revealed that the company makes decision about stock management and also that stock can be allowed to leave the stores without requisition being made for it in order to meet up with emergency.
Based o the above analysis carried out, it was also fathered that inadequate information flow, rapid inflationary pressure as well as ill organized storage system are factors that militating against efficient inventory management in the company.
Economic order quality, stocks budget minimum – maximum stock levels are used as means of controlling stock.
The research writer recommends that the company should set up stock management committee I ensure that there is adequate information flow about inventory management and organize perfect storage system for the stocks.
In order to guide against inflation market price of valuing inventory is recommended there should be optimum stock level to avoid under or over stocking
TABLE OF CONTENTS
1.1 BACKGROUND OF STUDY
1.2 STATEMENT OF THE PROBLEM
1.3 OBJECTIVES OF THE STUDY
1.4 SIGNIFICANCE OF THE STUDY
1.5 RESEARCH QUESTION
1.6 SCOPE OF THE STUDY
2.0 LITERATURE REVIEW
2.1 RESEARCH AS AN INSTRUMENT OF AN ORGANISATIONAL EFFECTIVENESS
2.2 THE ORIGIN OF THE SUBJECT
2.3 DIVISION OF RESEARCH SYSTME
2.4 RESEARCH CONTROL WITHIN AND OUTSIDE THE ORGANISATION
2.5 INFORMATION COLLECITON AS A BASIS IN RESEARCH
2.6 RESEARCH INSTRUMENT
3.0 DATA PRESENTATION AND DATA ANALYSIS
3.1 RESEARCH QUESTION
3.2 SUMMARY OF FINDINGS
1.1 BACKGROUND OF THE STUDY
There has been many definitions of the term “Research”, but the one the researcher is gang to use in this work states that “Researcher is the systematic and scientific method of finding solutions to a problem”. From the definition above, we take the problem to mean, a situation where there is an established difficulty without any immediate remedy. It also means some mal functioning of a part of a system. A problem can also mean anything that impedes the smooth running of a system or anything of interest to carryout investigation on. It can be positive or negative. A problem is said to be positive when the course of interest understudy is advantageous to the company. Example, why people prefer coca-cola to other products. It is also negative when the problem is tarnishing or deteriorating the smooth running of he organization, example, why there is decrease in the sales of “sprite”.
Many organizations after formation or birth go off or folds or sometimes are unable to grow and develop financially, economically and otherwise.
These problems are as a result of many causes in which lack of or ignorance of research work is one of them. On the other hand, when well viewed it would be noticed that research work is of great benefit because it exposes the organization missing links.
Research is also most effective when carried accordingly, that is, it must be purely systematic and scientific in nature.
Research as a discipline also helps to make new discovers because the researcher must have gone through all necessary requirements to note what to do and what ought not to be done.
Infect, management and research should be referred to as the body and soul of organization because without it (Research). The tendency of the growth of any organization will be foolaw. Research supplies management with data, which reduces the risks in decision making, thereby enhancing the change of success.
This project is designed to meet the needs of such vital benefits and asphodel’s of research using Nigerian bottling company plc. Enugu as a case of study.
The nature of this work requires theoretical approach and a analysis which will cover such dimension as:
1. The influence of information on research in organization.
2. Research and management as an inseparable body.
3. Lack of understanding that creates problems between management and researchers.
a. Information is said to be the life –wire of every business. It also has a vital role to play in organization research work. It is also said that “ to mange information is to mange business well” (Manian Harper).
Some internal information of the organization are; answers from questionnaire within the organization, oral interview of workers, past records etc. External information may include; field survey, population survey, market survey competitors or other organization records.
b. Research and management as an inseparable body, in any organization, the main duty of management is decision making and any decision made is based 80% on the research findings what to produces and ho to produce. Even the distribution aspect of it,will be determined by the research work.
c. Lack of understanding creating some problems between management and researchers.
Management lays the following blames on researcher:
1. That research is not problem oriented. It tends to provide plethora of facts but, not actionable projects.
ii. Those researchers die too involved with techniques and they appear to be reluctant to get involved in management problems.
iii. Research has shown vague, and questionable validity.
iv. Research cannot communicate, they do not understand and they do not talk the language of management.
Researchers also have these complaints about management:
i. Management does not include research in decision-making. Management tends to also only for specific information about parts of problems.
ii. Management pays more than … services to research and does not really understand or appreciate its value.
iii. Management does not allow enough time for research. They draw preliminary conclusion based on early or incomplete results.
iv. Management relies more on intoning and judgment than on research. Research is used as a crutch, not as a tool.
These misunderstandings are features of management and research. In order to accomplish this work, the Nigeria bottling company plc. Is the organization that would be used as case study because it uses research questions in its information on and research development?
The company holds a franchise of coca-cola company of the United States of America. The company is bother of mineral water, soft drinks such as coke, fanta, orange, tonic, ginger, and Chapman, sprite, club soda and other latest fanta lemon. Their branches are scattered all over the world. Coca –cola is one of the detest mineral soft drinks manufacture in the world.
1.2 STATEMENT OF THE PROBLEMS
Behind any viable organization, there must be research section that checks an will happen, what happened and how it happened. what happened and how it happened.
There are some problems which hinders the effectiveness of proper research work, they are: poor findings, poor organizing of research section according to functions, lack of professional in research work, poor interpretation of research data and poor procedure in data gathering etc. the problems this research is going into are:
1. Poor procedure in data gathering
2. Lack of professional (s) in research work.
1. POOR PROCEDURE IN DATA GATHERING RESEARCH
Go far for information considering some factors which includes:
i. Cost of the data needed
ii. How reliable is the sample or population (false information)
iii. Time involvement as for the collection of the data needed.
iv. The availability the data
v. The method used in collection the data.
LACK OF PROFESSIONAL (S) IN RESEARCH WORK:
Firms fail to use professional and specialists in research work due to
i. The cost of the researcher.
ii. The nature of the problems to research on
1.3 OBJECTIVES OF THE STUDY
By the completion of this study, it will be aimed at accomplishing the following objectives;
i. To notify how important it is to use research in the growth and development of an organization.
ii. To identify the reasons why research fails in some organization
iii. To know how to reduce these problems facing the efficiency in research works.
iv. To know how best to gather the needed data for research.
1.4 SIGIFICANCE OF THE STUDY
This research work has been undertaken in such a way that, students, other researchers, business organization and interested members f the following:
i. The importance of conducting research business organization.
ii. The factors responsible for poor research works and why same firms retain from it.
iii. The best way and time to conduct research as effectively as possible
iv. The decision making of any organization depends on the findings of its research works. The Nigerian bottling company PLC. Enugu is good case study where all the above-mentioned reasons will be satisfied.
1.5 RESEARCH QUESITONS
i. Has research any important role to play in the efficiency and development of the organization.
ii. What are these factors that effect the smooth running or hinder the effectiveness of research.
iii. Should research works base only with the organization or across the organization?
1.6 SCOPE OF THE STUDY
The scope of this research study will be vase on the data collected from the information research department of the Nigeria Bottling company Plc Enugu. But for the purpose of clarify; other information that will be necessary for the completion of the project may be collected from any relevant affiliated literature.
Luther path (1989) “Organizational Research management” New York, Bill water publishers.
Arrow K.J. (1980) “Research in management control” A critical synthesis, London, Evans (II)
Miner, J.B. and miner M.G. (1973) personal and industrial relations A managerial approach 1st Edition New York, Mac Mullion
Cole G.A. (1980) Management theory and practice England, Hants O.P. Published.
Ubeeu A.K. Personal management in Nigeria, Benin City Ethiopia Publishing Corporation.
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