It is often the view of my any good management to ebnsure
effective management of human and materials resources using tools. Hence, Double Diamond plastic Industry, Aba
is not an exception. This research consist of two (2) sections, section one (1)
is primary section including the title page, acknowledgement, abstract and
table of content, while section two (2) is the main body of the report which
have five chapters.
This chapter one (1) cover the introduction, statement of
problem, background of study, objective of study, research question, scope,
significance of study, limitation and defi8nition of terms. Chapter two (2)
deals with literature review.
Other subsequent chapter reveals the research methodology
and theoretical framework. For the instrument used in the study, eight two (82)
questionnaires were administered and distributed to the management and staff of
Double Diamond Plastic Industry limited Aba.
In the last chapter (5) which reveals or deals with summary,
conclusions and recommendations of the study were made as to ensuring the
effective management of resources using budgetary planning control as a tool.
TABLE OF CONTENTS
TABLE OF CONTENTS
BACKGROUND OF THE STUDY
STATEMENT OF PROBLEM
PURPOSE OF THE STUDY
SIGNIFICANCE OF THE STUDY
SCOPE OF THE STUDY
LIMITATION OF THE STUDY
DEFINITION OF TERMS
OBJECTIVE OF BUDGETING
THE USE/ADVANTAGES OF BUDGET
STAGES OF PLANNING
BUDGET CONTROL AND STANDARD COSTING
MANAGEMENT ROLE ON BUDGETARY CONTROL
NEED FOR BUDGETARY PLANNING AND CONTROL
THE ROLE OF BUDGETING IN THE ECONOMY
TYPES OF BUDGET
RESEARCH DESIGN AND METHODOLOGY
SOURCE/METHODS OF DATA COLLECTION
POPULATION AND SAMPLE SIZE
VALIDITY AND RELIABILITY OF MEASUREMENT INSTRUMENT
METHOD OF DATA ANALYSIS
PRESENTATION AND ANALYSIS
PRESENTATION OF DATA
ANALYSIS OF DATA
SUMMARY, CONCLUSION AND RECOMMENDATION
SUMMARY OF FINDINGS
An organization is referred as a group of individual who
perform different functions with a view to accomplishing certain objectives. In
management setting, it is assumed that an organization will continue to exist
for an indefinite period of time.
To ensure effective
management of the resources of an organization, budgetary planning and control
should play predominant roles. In the operating life cycle of an organization
like Double Diamond Plastic Industry Ltd, Aba. Budgeting process is very
important. It is connected to its complete administration ranging through
planning to management control. Hence for a firm to be viable, it must be
planned and controlled so as to ensure that certain objective are achieved.
Arison (2002, 1-20) stated that effective management and
administrative structure through which performance of the approval budget will
be executed in an organization are needed. Planning is a means of achieving
them. It has to do with deciding in advance what to do, how to do it, who
should do it and when to do it. Without planning, actions must become merely
random actively producing nothing (knous, 1999: 157) if an organization is to
succeed, planning must be taken as a predominant tool.
The budgeting process is the tool through which planning process
is made operational. An organization to run its affairs effectively, it must
have income period. This avails the management as a long measure to obtain
operational decisions of his firm in respect of the income and expenditure
budget the management can ascertain how viable his organizational operations
In the same vein, if various budgets are properly executed,
an indication will reflect showing the effective attainment of organization
Background of the study
Brief overview of Double Diamond Plastic Industry Limited,
The company, Double Diamond Plastic Ltd, Aba stated in 1989
as a private limited company, the company manufactures various types of plastic
constrainers, plastic hangers of different designs and size, sheeting.
STATEMENT OF THE PROBLEM
THE STUDY WAS CARRIED OUT TO IDENTIFY:
The role of financial statement as a guide to effective
management planning and actions.
The contributions of the budgetary planning and control to
effective utilization of human and material resources of Double Diamond Plastic
Industry Ltd, Aba.
The role of the budgetary planning and control on the
management of double Diamond plastic Industry Ltd, Aba.
The detailed operational plans procedure for different
section and fact of the organization.
The improvement and understanding of Double Diamond Plastic
Industry Ltd, Aba.
The correction of adverse situation that may occur before
preparation of budget plan.