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The Financial Management In Co-operative Financing Agency
[A CASE STUDY OF KWARA CO-OPERATIVE FINANCIAL AGENCY L.T.D ILORIN]
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1.5 SCOPE OF THE STUDY
The scope of this study implied to fish out the importance of financial management in a self-help financial institution.
The particular apex organization detailed as a cases study of Kwara state cooperation financial agency limited in federal ministry of work and housing Ilorin Kwara state, from the time of established at 31st December 2001.
The duties and responsibilities of the state and management board are steel seen as importance is the development of cooperative and hence has been in cooperative and hence has been in cooperated into the study.
1.6 RESEARCH QUESTION
Nworgu (1991) describes research questions as questions posed by the researches in which answers would lead to the solution of the problem: while in the word of Asika (1991) research, question serves as a guide to the research in his search for answers to the problems being studies. Hence, it should be general enough to give rise to other loses questions but should still focus on the major problems of the study.
Examples of research question are:
i. What is the relationship between leadership style and job performance?
ii. Why do most male managers prefer female secretaries?
iii. What is the relationship between budget and inflationary trend?
1.6.2 CHARACTERISTICS OF USEABLE RESEARCH QUESTIONS
i. A good research question must-cover as many research questions as would be enough for the major issues in the project work. Meanwhile, there is†no rule stipulating the number of questions to be formulated; however, the research questions should not be too small as not to include important aspects of the problem to be too large as to result in an unmanageable number of research questions.
ii. The research questions must be related to the problem being investigated and represent important and critical issues of the study.
iii. Research questions serve as a guide to the researchers in his question for answers to the problems being investigated. Hence, research question where to collect such data.
iv. Research questions must be direct and should focus attention on the major issues of the study
v. Research questions should be formulated in the clear and unambiguous language that could be answered. Researchers should try as much as possible to avoid formulating research question in such a way that it will require ‘yes’ or ‘no’ answers and all the research questions formulated in the study should be answers.
1.6.3 HYPOTHESIS
An hypothesis is a conjectural statement about that relationship the exist between two or among many variables it is a tentative statement about relationship the validity of which needs to be tested by means of logical testing as well as analysis of data and information and subsequently accepted or rejected. The formulation of relevant hypothesis and testing same are necessary requirement in any scientific research. However, it is a general belief among students writing thesis (project work) that every statement made in the course of their study is an hypothesis and it is testable. It should be noted that every tentative research statement is not an hypothesis.
The dichotomy between an hypothesis and a research-statement is the variables are very important in hypothesis formulation and testing, ordinary research statements many contain constants in which the relationships between the constants are not testable instead of variables in measurable term.
1.6.4 FORMS OF HYPOTHESIS
Hypothesis could be classified in different ways. There could be two general form of hypotheses for testing, namely:
(1) Research hypotheses
(11) Statistical hypothesis
(1) Research hypotheses :- these are postulations formulated based on a hunch about the telationships between two or more variables that ore of interest in the solutions of the research problem for the study research hypotheses are like research questions but in the case of hypothesis, there is prediction of some relationships. The research hypothesis does not express the variables in which it is made up in measurable terms and hence it is not directly testable statistical (nworgu.1991).
(11) statistical hypothesis :- This is a conjectural proposition about populations which is to verify or prove wrong by means of logical testing as well as analysis of data and information collected from a sample of that statistical population. Statistical hypotheses have both the null hypothesis and the alternative hypothesis. The relationship between two or more variables in the hypothesis are expressed in statistical and measureable terms it is the null hypothesis that the researcher tests.
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ABSRACT - [ Total Page(s): 1 ]ABSTRACT Co-operative financing agency are not different from other types of business with respect to efficient management of their funds they are required to used funds very carefully and judiciously because their source of funds tend to be limited. The peculiar limitation imposed by co-operative principle make it very difficult for co-operative to obtain sufficient funds from outside e.g. that interest payment must not exceed percentage. As a catalyst cooperative financing ag ... Continue reading---
