Budget And Budgetary Control As A Tool For Efficient And Effective Business Decision (A Case Study Of Saclux Paint Industry)

CHINONYEREM PRECIOUS CHINEDUM | 87 pages (16579 words) | Projects

ABSTRACT

This research work focused on budget and budgetary control as a tool for efficient and effective business decision (A case study of Saclux Paint Industry) Budget and budgetary control is a quantitative expression of plane of action prepare in advance of period to which ii relate. The organization is face with the problem of lack of budgeting while planning and controlling hue/c activities. The objective of the study is to evaluate budget and budgetary control as a too/for efficient and effective business decision. The research also aims at determining if budgetary control contribute to the improvement of management efficiency and high productivity. Data were collected from primary and secondary source. Secondary source of data were collected from textbooks, periodic articles and journals. Questions were distributed as well as personal interviews with functional and departmental heads were conducted. The sample size of 60 were used and was chosen among the number of department / section using Bowleys proportional allocation formula. Data were analyzed using table and simple percentage, hypothesis were tested using Pearson product moment correlation (PPMC) I discovered among other things that budget and budgetary control affect the quality of service delivery in tile organization. It also revealed that budget and budgetary control contributes to the improvement of management efficiency and high productivity. In line with the above, vie recommend among other things that the budget plan and preparation should be a corporate duty of the unit heads with head of department in the system, improving legislation, realistic budget target. Adherence in the budgeting provision should be practiced for efficient result in the system.

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APA

CHINONYEREM, C (2021). Budget And Budgetary Control As A Tool For Efficient And Effective Business Decision (A Case Study Of Saclux Paint Industry). Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/budget-and-budgetary-control-as-a-tool-for-efficient-and-effective-business-decision-a-case-study-of-saclux-paint-industry-7-2

MLA 8th

CHINEDUM, CHINONYEREM. "Budget And Budgetary Control As A Tool For Efficient And Effective Business Decision (A Case Study Of Saclux Paint Industry)" Mouau.afribary.org. Mouau.afribary.org, 20 Sep. 2021, https://repository.mouau.edu.ng/work/view/budget-and-budgetary-control-as-a-tool-for-efficient-and-effective-business-decision-a-case-study-of-saclux-paint-industry-7-2. Accessed 01 Nov. 2024.

MLA7

CHINEDUM, CHINONYEREM. "Budget And Budgetary Control As A Tool For Efficient And Effective Business Decision (A Case Study Of Saclux Paint Industry)". Mouau.afribary.org, Mouau.afribary.org, 20 Sep. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/budget-and-budgetary-control-as-a-tool-for-efficient-and-effective-business-decision-a-case-study-of-saclux-paint-industry-7-2 >.

Chicago

CHINEDUM, CHINONYEREM. "Budget And Budgetary Control As A Tool For Efficient And Effective Business Decision (A Case Study Of Saclux Paint Industry)" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/budget-and-budgetary-control-as-a-tool-for-efficient-and-effective-business-decision-a-case-study-of-saclux-paint-industry-7-2

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