Impact Of Budgeting And Budgetary Control On The Performance Of Manufacturing Industries A Case Study Of Paterson's Zochonis Nigeria Plc (Pz Nig Plc)
ABSTRACT
This study examined the impact of budgeting and budgetary control on the performance of manufacturing industries. Specifically, the objectives of the study are to; determine the extent to which management appreciate the importance of budgeting and budgetary control, ascertain the extent to which budgetary control aid in the effective implementation of budget, to find out whether budgetary control impact positively or negatively towards achieving greater performance and to proffer new ideas win which industries could improve budgetary control planning techniques. 92 respondents were served well vetted and structured questionnaire76 questionnaires were however analyzed which served as a source of primary data and the secondary source from journals, textbook, etc. Therefore, the data was analyzed using tables, percentage. The tool for analysis is the chi-square analytical technique at a 0.05 level of significance. The result revealed that there is a relationship between budgeting, budgetary control and performance. Our data therefore supports the hypothesis that budgeting, budgetary control positively has an influence on the performance of this industry. The problem observed was that Pz's management doesn't emphasize the relevance of budget and there is no budget committee that reviews the budget either six monthly! annually.
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NWOKAFOR, A (2021). Impact Of Budgeting And Budgetary Control On The Performance Of Manufacturing Industries A Case Study Of Paterson's Zochonis Nigeria Plc (Pz Nig Plc). Repository.mouau.edu.ng: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-budgeting-and-budgetary-control-on-the-performance-of-manufacturing-industries-a-case-study-of-patersons-zochonis-nigeria-plc-pz-nig-plc-7-2
AMARACHI, NWOKAFOR. "Impact Of Budgeting And Budgetary Control On The Performance Of Manufacturing Industries A Case Study Of Paterson's Zochonis Nigeria Plc (Pz Nig Plc)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 29 Jun. 2021, https://repository.mouau.edu.ng/work/view/impact-of-budgeting-and-budgetary-control-on-the-performance-of-manufacturing-industries-a-case-study-of-patersons-zochonis-nigeria-plc-pz-nig-plc-7-2. Accessed 26 Nov. 2024.
AMARACHI, NWOKAFOR. "Impact Of Budgeting And Budgetary Control On The Performance Of Manufacturing Industries A Case Study Of Paterson's Zochonis Nigeria Plc (Pz Nig Plc)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 29 Jun. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-budgeting-and-budgetary-control-on-the-performance-of-manufacturing-industries-a-case-study-of-patersons-zochonis-nigeria-plc-pz-nig-plc-7-2 >.
AMARACHI, NWOKAFOR. "Impact Of Budgeting And Budgetary Control On The Performance Of Manufacturing Industries A Case Study Of Paterson's Zochonis Nigeria Plc (Pz Nig Plc)" Repository.mouau.edu.ng (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-budgeting-and-budgetary-control-on-the-performance-of-manufacturing-industries-a-case-study-of-patersons-zochonis-nigeria-plc-pz-nig-plc-7-2