EFFECTS OF GLOBALIZATION ON THE DEVELOPMENT OF DOMESTIC MANUFACTURING INDUSTRIES IN NIGERIA (A STUDY OF DANGOTE FLOUR MILL PLC)


EFFECTS OF GLOBALIZATION ON THE DEVELOPMENT OF DOMESTIC MANUFACTURING INDUSTRIES IN NIGERIA (A STUDY OF DANGOTE FLOUR MILL PLC)

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EFFECTS OF GLOBALIZATION ON THE DEVELOPMENT OF DOMESTIC MANUFACTURING INDUSTRIES IN NIGERIA (A STUDY OF DANGOTE FLOUR MILL PLC)

ABSTRACT

This study examines the effects of globalization on domestic manufacturing industries in Nigeria using Dangote Flour Mill Plc as case study; It adopted a survey research design to elicit data. 65 employees of Dangote Flour Mill Plc were selected using scientific sampling technique. Questionnaire was used as the instrument for data collection and the collected data were statistically analysed using the simple percentage, and chi- square non parametric technique of hypothesis testing.  The analysis was carried out using statistical Package of Social - Sciences (SPSS) as a tool. All the hypotheses tested were rejected. The finding revealed that globalization has impact on the performance of domestic manufacturing industries in Nigeria and also the development .of domestic manufacturing industry has effect on prices on goods and services.  Finally, the study submitted that globalization positively affect the performance of domestic manufacturing industries. Therefore, the domestic manufacturing industries in Nigeria should embrace the benefit that comes with globalization.


TABLE OF CONTENTS

CHAPTER ONE: INTRODUCTION

1.1     Background of the study

1.2     Statement of the problem

1.3     Objective of the study

1.4     Research Questions

1.5     Research Hypotheses

1.6     Significance of the study

1.7     Scope of the study

1.8     Definition of terms

1.9     Historical Background of the study

 

CHAPTER TWO: LITERATURE REVIEW

2.1     Introduction

2.2     Conceptual framework

2.3     The impact of globalization on the manufacturing sector in Nigeria

2.4     Forces of globalization

2.5     Challenges for Nigeria  

2.6     Theoretical framework

2.7     Summary of the chapter

 

CHAPTER THREE: METHODOLOGY

3.1     Introduction

3.2     Research design

3.3     Population of the study

3.4     Sample and sampling technology

3.5     Data collection method

3.6     Data collection instrument and its administration

3.7     Validity and reliability of the instrument  

3.8     Techniques of data analysis

3.9     Limitations of the study

 

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS

4.1     Introduction

4.2     Data presentation and analysis according to research question

4.3     Data presentation and analysis according to research question

4.4     Discussion of Findings

 

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.0     Introduction

5.1     Summary

5.2     Conclusion

5.3     Recommendation

5.4     Suggestion for further studies

References

 


CHAPTER ONE

INTRODUCTION

 

1.1    BACKGROUND TO THE STUDY

Globalization could simply be described as the integration of national economies through trade investment and financial interaction. The concept of globalization began to thrive shortly after the end of Second World War when the allies led by the united State decided to support a world wide open trading and investment system. The collapse of the Soviet Union, the fall of the Berlin wall and anti-climatic end of the cold war aided the emergence of the ascendancy of the globalization trend. This resulted in the hurried marketization and democratization of the former soviet states of Eastern Europe and selective absorption into mainstream western Alliance system of the hitherto to communist States. Beyond this however, globalization aided by supersonic transformation in information technology integrated the world through push of free market economy as well as liberal democracy. (Olaleye, 2002).

 

Globalization has increased the volume of trade by the developing nations in general and that of Nigeria in particular. The continuous growth in. imports and exports is seen as evidence that countries are becoming independent on global markets.

Globalization has also brought about revelation, in technology. In fact one of the propelling agents is technology. There have been developments of new and improved method of doing traditional things otherwise called technological progress. The Banking sector more than any other sector is the hardest hit (Olajide, 2002).

 

 

1.2    STATEMENT OF THE PROBLEM

There is wide spread of trade around the globe thereby increasing the level of competition in the manufacturing industry globally. The domestic manufacturing industry in Nigeria is faced with the problem of competing with the developed countries who through globalization continue to improve and advance on daily basis in innovation and in information technology. The technological environments are moving at supersonic speed, Computers, Telephones, Televisions and wireless forms of communication now are merging into telecommunication both to create multimedia products and allow individuals in the developed world to communicate with others, hereby improving manpower skills, improving in method of production, efficiency and effectiveness of business organization. Globalization has helped these developed countries to achieve quality, quantity, price, durability, manpower skill, and etc. If the domestic manufacturing industries fails to heed the lessons of globalization it will be gradually whipped into line by the forces unleashed by globalization.

Therefore, it is upon this premise that a study of this nature is necessary in order to identify the effect of all afore mentioned factors on the development of domestic manufacturing industries in order for them to be able to compete globally.

 

1.3    OBJECTIVES OF THE STUDY

The main objective of this study is to examine the effect of globalization on the development of domestic manufacturing industry with Dangote Flour Mills PLC as a focus. This, in order to achieve the above objectives, the following specific objectives will be our guide.

1.       To examine whether the development of domestic manufacturing industries have effect on prices of goods and services?

2.       To examine whether increase in the level of competition with globalization have effect on prices of goods and service?

3.       To examine whether organization output' in, domestic manufacturing industry affect price?

4.       To examine whether quality plays a role in the acceptability of goods and services of domestic manufacturing companies globally?

 

1.4    RESEARCH QUESTIONS

In order to achieve the objectives of this study, the following are the research questions:

1.       Does the development of domestic manufacturing industries have effect on prices of goods and services?

2.       Does increase in the level of competition with globalization have effect on prices of goods and service?

3.       To what extent does organization output in domestic manufacturing industry affect price?

4.       To what extent does quality plays in the acceptability of goods and services of the domestic manufacturing companies globally?

 

1.5    RESEARCH HYPOTHESES

To provide, answers to the research-questions the following hypotheses will be tested.

1.       Globalization has impact on the performance of domestic manufacturing industries in Nigeria.

2.       The development of domestic manufacturing industries has effect on prices of goods and services.

EFFECTS OF GLOBALIZATION ON THE DEVELOPMENT OF DOMESTIC MANUFACTURING INDUSTRIES IN NIGERIA (A STUDY OF DANGOTE FLOUR MILL PLC)

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This study examines the effects of globalization on domestic manufacturing industries in Nigeria using Dangote Flour Mill Plc as case study; It adopted a survey research design to elicit data. 65 employees of Dangote Flour Mill Plc were selected using scientific sampling technique. Questionnaire was used as the instrument for data collection and the collected data were statistically analysed using the simple percentage, and chi- square non parametric technique of hypothesis testing. The analysis was carried out using statistical Package of Social - Sciences (SPSS) as a tool. All the hypotheses tested were rejected. .. business administration project topics

EFFECTS OF GLOBALIZATION ON THE DEVELOPMENT OF DOMESTIC MANUFACTURING INDUSTRIES IN NIGERIA (A STUDY OF DANGOTE FLOUR MILL PLC)

Project Information

  • CATEGORY : BUSINESS ADMINISTRATION
  • TYPE : PROJECT MATERIAL
  • FORMAT : MICROSOFT WORD
  • ATTRIBUTE : Documentation Only
  • PAGES : 64 Pages
  • CHAPTERS : 1 - 5
  • PRICE : ₦ 3,000.00

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