ABSTRACT
The
success of any enterprise depends cargely on the effectiveness of its human
resources in their work. The need for
apprcising the problems and propects of timber Business in Enugu state is
apparent. This project therefore is a
research on timber business in Enugu state.
The problems encountered in timber business is a Kin to any other
business and the prospects of the timber business is encouraging. This is because virtually all the things we
produce today entails the use of wood.
This work intends to expose the funda
mental problems in the timber business and to enable the timber dealers to
solve their problems more expenthy lots of finding has been made about the
subject matter which includes causes of problem in the business and how better
they can be economically manned on completion of this project. it was recommended that if government can
create more financial aid to the timber dealers and Sawers association to
improve in their production facilities and also government should put into
consideration those policies affecting the timber business with these, the
future of timber business with these, the future of timber business in Enugu
would be brighter. To achieve this, the timber dealers should be given
opportunity to practice marketing in a wider range so as to enhance their
career prospects.
The work
is arranged in five chapters. Chapter
one introduction, chapter two, review of related literature, chapter three
research design and methodology chapter four data presentation and analysis,
chapter five discussion, recommendation and conclusion.
TABLE OF CONTENTS
CHAPTER ONE
Introduction
1.1
Background of the study
1.2
Statement of the problem
1.3
Purpose of the study
1.4 Scope
of the study
1.5
Research hypothesis
1.6
Significance of the study
1.7 Limitations of the study
1.8
Definition of terms
Reference
CHAPTER TWO
Literature Review
2.1
Review of related literature
2.2 Meaning and needs for timber
business
2.3
Techniques for identifying timber
2.4 Scope
of timber business in Nig.
2.5 Identification
of timber business
2.6 The
process of timber business
References
CHAPTER THREE
Research Design and Methodology
3.1
Research design
3.2 Scope
of the study
3.3
Population of the study
3.4
Sample and sampling procedure
3.5
Instruments for data collection
3.6
Validation of the instrument
3.7
Reliability of the instrument
3.8
Method of data collection
3.9
Method of data analysis
References
CHAPTER FOUR
Data Presentation and Analysis
4.1
Presentation and analysis of data
4.2
Testing of hypothesis
4.3
Summary of results
References
CHAPTER FIVE
Discussions, Recommendation & Conclusion
5.1
Discussions of results / findings
5.2
Conclusion
5.3
Implication of the research findings
5.4
Recommendation
5.5
Suggestions for further research
References
Appendix I
Appendix ii
Bibliography
CHAPTER ONE
INTRODUCTION
1.1
BACKGROUND OF THE STUDY
The twentieth century industrial revelation experience
brought along with it technological developments and the expansion of business
organization. As the need for
individuals continued to increase, business continued satisfy the increasing
needs.
Before Nigeria gained her independence, impact substitution
was existing then as a means of industrializing our economy.
Based on that our economy is purely based on production of
agricultural products this aspect makes the economy to be the sole producer of
agricultural inputs which fluctuates seasonally.
Coupled with the fact that we are developing, many business
organization spranly up in the economy,
many individuals want into industialisation to shape the future of our
economy. To mention somefew industries,
which includes the timber industry, textile industry, automobile industry.
Because of the problem suffered by developing countries like
Nigeria, these industries fale different constrain and problems to date. The timber business has been in existence
ever before the birth of Nigeria but for years the classic image of timber
business has been regarded as a mere local business run by lliterates and
people of lower class in the society.
However the timber business deals mainly with woods of all kinds, like
opepe, obeche, Nagzonia, machogang, tick, Abora etc.
These various kinds of woods serve as the main resources on
which timber business based. It is an
indispensable business in the country because of the services it is kndering to
the stimulation of the economy is like other business encounters problems which
could be social or economical in nature.
Inspite of these problem encountered in the timber business,
it has remained the parrot through which our economy is revitalizing
today. This is seen in the roles performed by woods in
our modern day life. Today, timber
business is among the prime enterprises which is contributing to the economic
growth and help in alleviating some of the societal problems by providing
technological products that enhance human welfare like television magazines
(papers) modera day furniture’s to mention a few are produced from wood processing.
1.2
STATEMENT OF THE PROBLEM
Timber business in Enugu today is faced with a lot of
problems that like their counter parts in other states of Nigeria. These problems go a coming way to negate its
growth and development in the country and there by limiting its potential
contributions to the development of the economy. Among such problems are general lack of funds
by proprietors of the business and difficulty in raising it due to limited
capital. Thus money to keep the business
going and expanding are irrefragably a magohandicap there is lack of managerial
acumen due to the proprietors limited education and training. A long side of this, it is lack of
technological know how. Although there are many of these timber business in
existence today, their impact in terms of the ever charily industrialization of
the country is still for fetched. They still operate with in the limit of
indigenous market research.
The dealers are confused by what is happening to their
traditional markets in this fast moving commercial world. The dynamics of the business environment
still look to them like a day dream. They are unable to conduct market survey,
dwersity their potential target markets and so on.
Above all, the timber business is faced with problems
arising from government fiscal and monetary policies. In recent years, the tax climate and the
governments business policies have placed serous restraints on the owners and
the opportunities available to them.
1.3
PURPOSE OF THE STUDY
In view of the fact enumerated above the objectives of the
study is to examine the problems confronting the timber business. To see to
what extent they affect Enugu timber dealers and sawers association in its
operations and its possible contribution to the economy. Based on the problems
identified by the write, necessary suggestions and recommendation will be
offered, which if implemented will help the association to solve most of it not
all the problems, besides the recommendations will hopefully be of great help
to new aspirants into the business and other business entrepreneur to make
their business unique.
1.4 SCOPE
OF THE STUDY
This study might have included research in several other
tourns in Nigeria like Ibadan, Bendel, Enugu, Aba etc but due to the
constraints involved in research work, the researcher could not go beyond
kenyatan. The scope of the study is
based on timber business in Enugu state.
The problems and prospects and it covers only Enugu Timber Dealers and
Sawers association.
1.5
RESEARCH HYPOTHESIS
This study intends to test the following hypothesis
HO: To a
large extent Natural disaster has no affects on the supply of logs in the
timber business.
H1: Natural
disaster effect the supply of logs in
the timber business.
Ho: The
risk incurred in the business has no effect on the timber business.
H1: The
risk incurred in the timber business has greatly affected the growth of timber
business.
Ho: Government
policies has not in any way affected the development of timber business.
H1: Government
policies has to a great extent impeded the development of timber business.
1.6
SIGNIFICANCE OF THE STUDY
The study is aimed at exposing the proprietors of timber
business to dangers in their business things that they failed people in the
past and things that one should avoid to be successful in the field of the
business as it affects timber business.
The study hopes to prepare students who
may want to go into entre prenueral ventures to explore the timber business to
be precise, this study will enable the proprietors in timber business to do
things on their own way. It does not
mean that you must be successful at the end of it all but definitely it will
help improve your chances of succeeding.
The study
indicates to timber business dealers how to avoid some of the mistakes in
initiating, organization and operating a small scale timber business that has
been economically fatal to others, therefore enabling them to achieve the
optimum benefits from the limited economic and human resources available to
them.
1.7
DEFINITION OF TERMS
Development:-
a gradual process of growth or the way one exploits
resources.
Innovation;-
To make something new
Timber :- Supply of wood for
building and growing trees
Wood:
substance of which the trunics and branches of trees are
made e.g furnitures, papers etc.
Dealer:
Person in a stated types of business.
Technology:- this is
the state or act of ding things in the society
Efficiency:-
This is the economic
Market:-
this is the anena for potential exchange.