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The Impact Of The Distribution And Utilization Of Oil Palm On The Socio Economic Development
[A CASE STUDY OF ORUK ANAM LOCAL GOVERNMENT AREA]
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1.5 SIGNIFICANCE OF THE STUDY
It
is believed that at the completion of the study, the findings will be
of great importance to the rural farmers as the study seek to help them
explore the benefit of oil palm production and distribution to the
farmers, government, consumers and the general public. The study will
also be of great importance to the government as the study seek to
explore tha untapped potentials of oil palm production in Oruk Anam LGA
and its contribution to economic growth. The study will also be of great
importance to researcher who wants to embark on research on similar
topic as the findings will serve as a reference point to them. Finally
the study will be of great importance to the academia and the general
public as the study will add to the pool of knowledge.
1.6 SCOPE AND LIMITATION OF THE STUDY
The
scope of the study covers the impact of the distribution and
utilization of oil palm on the socio-economic development of Oruk Anam
LGA of AkwaIbom state. In the cause of the study, there were some
factors which limited the scope of the study
a) AVAILABILITY OF
RESEARCH MATERIAL: The research material available to the researcher is
insufficient, thereby limiting the study
b) TIME: The time
frame allocated to the study does not enhance wider coverage as the
researcher has to combine other academic activities and examinations
with the study.
c) Organizational privacy: Limited Access to the
selected auditing firm makes it difficult to get all the necessary and
required information concerning the activities
1.7 DEFINITION OF TERMS
Oil palm
Palm
oil is naturally reddish in color because of a high beta-carotene
content. It is not to be confused with palm kernel oil derived from the
kernel of the same fruit or coconut oil derived from the kernel of the
coconut palm
Economic development
Economic development is the
process by which a nation improves the economic, political, and social
well-being of its people. Whereas economic development is a policy
intervention endeavor with aims of economic and social well-being of
people,economic growth is a phenomenon of market productivity and rise
in GDP
Distribution
Distribution (or place) is one of the four
elements of the marketing mix. Distribution is the process of making a
product or service available for the consumer or business user that
needs it. This can be done directly by the producer or service provider,
or using indirect channels with intermediaries.
1.8 ORGANIZATION OF THE STUDY
This research work is organized in five chapters for easy understanding, as follows
Chapter
one is concern with the introduction, which consist of the (overview of
the study), statement of problem, objectives of the study, research
question, significance or the study, research methodology, definition of
terms and historical background of the study. Chapter two highlight the
theoretical framework on which the study its based, thus the review of
related literature. Chapter three deals on the research design and
methodology adopted in the study. Chapter four concentrate on the data
collection and analysis and presentation of finding. Chapter five gives
summary, conclusion, and recommendations made of the study.
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