Budgetary Planning And Control As A Tool For Effective Management Of Resources (A Study Of Nigeria Breweries)
ABSTRACT
The study investigated on
Budgetary Planning and control us a tool for effective management of resources.
The objectives of the study are to ascertain the relationship between budgeting
planning and control and the performance of Nigeria Breweries plc to determine
the effect of cost reductions on effectiveness of Nigeria Breweries p/c and to
determine the general system of budgeting and budgetary control practice in
Nigeria Breweries plc. To achieve the objectives of the study, survey research
design was adopted. A total of 339 questionnaires were administered to the
respondents of which 200 were completely filled and returned which represent
59% of the administered questionnaire. The researcher adopted primary data in
getting the required information. In testing the hypothesis, analysis of
variance (ANOVA) was used. The findings revealed that budgeting planning and
control has a significant effect on the performance of Nigerian Breweries plc.
The researcher recommends that efforts should he made by management of organizations
both profit and non profit to sensitize the employees on its importance so as
to enhance performance. It also recommends that organizations should develop
more formal practice in the development of budgetary planning and controls,
that is, planning, monitoring and control and budget participation.
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NWAOGWUGWU, C (2021). Budgetary Planning And Control As A Tool For Effective Management Of Resources (A Study Of Nigeria Breweries). Repository.mouau.edu.ng: Retrieved Nov 25, 2024, from https://repository.mouau.edu.ng/work/view/budgetary-planning-and-control-as-a-tool-for-effective-management-of-resources-a-study-of-nigeria-breweries-7-2
CONFIDENCE, NWAOGWUGWU. "Budgetary Planning And Control As A Tool For Effective Management Of Resources (A Study Of Nigeria Breweries)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 31 Aug. 2021, https://repository.mouau.edu.ng/work/view/budgetary-planning-and-control-as-a-tool-for-effective-management-of-resources-a-study-of-nigeria-breweries-7-2. Accessed 25 Nov. 2024.
CONFIDENCE, NWAOGWUGWU. "Budgetary Planning And Control As A Tool For Effective Management Of Resources (A Study Of Nigeria Breweries)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 31 Aug. 2021. Web. 25 Nov. 2024. < https://repository.mouau.edu.ng/work/view/budgetary-planning-and-control-as-a-tool-for-effective-management-of-resources-a-study-of-nigeria-breweries-7-2 >.
CONFIDENCE, NWAOGWUGWU. "Budgetary Planning And Control As A Tool For Effective Management Of Resources (A Study Of Nigeria Breweries)" Repository.mouau.edu.ng (2021). Accessed 25 Nov. 2024. https://repository.mouau.edu.ng/work/view/budgetary-planning-and-control-as-a-tool-for-effective-management-of-resources-a-study-of-nigeria-breweries-7-2