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Planning As A Management Function In An Organization
[A CASE STUDY OF CADBURY NIGERIA PLC]
CHAPTER ONE -- [Total Page(s) 2]
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1.4 RESEARCH HYPOTHESIS
The hypotheses to be testesd in relation to the research topic are:
HO: there is no significance planning management function in an organization .
Hi: there is no significance planning management function in an organization.
1.5 SIGNIFICANCE OF THE STUDY
Planning helps the organization to anticipate and provides for inevitable changed in a meaningful and effective way. Further are very vital to a well accumulated plan. Even there are data and information, there is always the problem of trained personnel to perform this function of collection and analyzing of data in the administration of international Tobacco company (ITC).
1.6 SCOPE AND LIMITATIONS OF THE STUDY
Planning as managerial function and it is referred to as the most basic of all the managerial function and. It involves selecting from alternative future course (5) of action.
Broadly speaking, the success of any government depends largely on the efficient planning, it is an essential and vital instrument for management operation.
Planning leads to change and adaptation in the socio-economic situation of international Tobacco company which involves institututional and structural change . it reduction dependence on agriculture for the sake of industrialization involves some socio-economic transformation which cannot be brought by work forces.
Another importance of planning is that it accelerates the rate of growth of the companys (ITC) national income, per capital income, employment opportunities and improve standard of the people than which would take place without any conscious efforts it would be a greater measure of central over the national economy and reduce foreign sector and ensure indigenous control .
Planning also ensures a better and more national allocation of resources and a more equitable distribution of income then would be obtained thorough market forces planning ties to avoid international monopolist, some investment require image investment and need government participation in the public interest of the public. Planning is essential in that, it focuses squarely on the purpose and objective of the organization. It encourages the management to see, evaluate and accept or discard a greater number of alternative course of action that might otherwise be considered.
Planning provides a frame work for decision making through out the entire organization and trend to prevent piecel meal decision (5) likely to have a negative result.
Planning also test the value judgement of the managers at all level and often lend to better decision being made, because planning depends on a regular flow of information from both outside and within the organization lead to group of a multi-directional channel of communication that can contained in the plan in conjunction with the commitment as to how, when and by whom such objective will be attained, provide the general in organization performance.
1.7 DEFINATION OF THE TERM.
PLANNING : planning refers to the preparation of directional blue prints for the entire of economy and or direct provision for their implementation
MANAGEMENT : is the process of designing and marketing an environment in which individual people working together in group to accomplish the organizational objective in most efficient manner.
ORGANIZATION: Is the process of grouping activities delineating lines of authority and responsibility and establishing any other relationships necessary to carry out operation of a business efficiently.
1.7 PLAN OF THE STUDY
This project consists of fire chapters, which dealt entensively with topic in chapter one, the following sub-topics were discussed like introduction, background of study, statement of the problem, scope and limitations, objectives of the study and plan of the study.
Chapter two manly deals with literature review which include types,steps and importance of planning in an organization .
Chapter three expatiates on the various ways data analysis and collection for the research work.
Chapter five deals with summary, conclusion, recommendations.
CHAPTER ONE -- [Total Page(s) 2]
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