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.
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 28, 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
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 28 Nov. 2024.
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. 28 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 >.
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 28 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