The increasing complexity of the business environment has necessitated a systematic approach to the impact of budgetary control on the profit of business enterprise.
Based on business philosophy, nationally or internationally corporate goal in centered on high production with minimal production cost and hence profit maximization. Sufficient profit is required so that the rating of the efficiency of the business organization will be high.
The owners of the business will expect their rewards as dividends, the creditors require payment, the employees of the business organizations will demand their remunerations and the social responsibility to the community where they are located. All of the demands have to be met form the cash inflow.
As a result, the need arises of the management of the business enterprises to plan their operation and channel their resources into projects that would yield the highest profit.
TABLE OF CONTENT
Page
Title page ii
Approval Pageiii
Dedicationiv
Acknowledgement v
Table of content vi
CHAPTER ONE:
Introduction
1.1Background of the study 1
1.2The statement of the problem 2
1.3Objective of the study 2
1.4Significance of the study 3
1.5Limitations of the study 4
CHAPTER TWO
Review of Related Literature 5
2.1Budgetary control 5
2.2Aims and objectives of budgetary control7
2.3Problems in monetary control 7
2.4Budgetary control and profit 8
2.5Qualities of good budgetary control 9
2.6Success and application of budgetary control10
Reference 12
CHAPTER THREE
Research Design and Methodology13
31.Sources of data13
Secondary sources 13
32.Location of data 13
33.Methods of data collection14
CHAPTER FOUR
4.1Findings15
CHAPTER FIVE
Recommendations and Conclusion 16
5.1Recommendations 16
5.2Conclusion 17
Bibliography19
THE IMPACT OF BUDGETARY CONTROL ON THE PROFIT OF BUSINESS ENTERPRISE
INTRODUCTION The increasing complexity of the business environment has necessitated a systematic approach to the impact of budgetary control on the profit of business enterprise. Based on business philosophy, nationally or internationally corporate goal in centered on high production with minimal production cost and hence profit maximization.... Continue Reading
ABSTRACT The research is concerned with the effects of the impact of budgetary control on the profit of a business organization. TABLE OF CONTENTS TITLE PAGE APPROVAL PAGE DEDICATION ACKNOWLEDGEMENT ABSTRACT TABLE OF CONTENTS CHAPTER ONE: INTRODUCTION 1.1 BACKGROUND OF THE STUDY 1.2 STATEMENT OF THE STUDY 1.3 OBJECTIVE OF THE STUDY 1.4... Continue Reading
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A CRITICAL ANALYSIS OF BUDGETARY CONTROL: ITS EFFECTIVENESS AND EFFICIENCY IN A NON PROFIT MAKING ORGANIZATION A CASE STUDY OF N.C.R.I BADEGGI PROPOSAL This research work will be A very crucial study for non- – profit making organization in Nigeria. The role of non – profit making organization in any economy is indispensable. To give this... Continue Reading
INTRODUCTION The essence of budgeting is to provide an essential element of control in an organization in order to facilitate the achievement of set objectives .The control process is the fundamental organization link between the manager and the other people in an organization in a non profit making organization output various with the objective... Continue Reading
INTRODUCTION The essence of budgeting is to provide an essential element of control in an organization in order to facilitate the achievement of set objectives .The control process is the fundamental organization link between the manager and the other people in an organization in a non profit making organization output various with the objective... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY A budget is a financial and quantitative statement prepared prior to a defined period of time of the policy to be pursued for the purpose of attaining a given objective. Also according to A.U.Nweze (2004) in his profit planning.Budget is a plan quantified in monetary terms, prepared and approved... Continue Reading
(A CASE STUDY OF EMENITE NIGERIA LIMITIED EMENE ENUGU BRANCH) INTRODUCTION 1.1 BACK GROUND OF THE STUDY A budget is a financial and a quantitative statement prepared prior to a defined period of time of the... Continue Reading
ABSTRACT This research work conducted with special reference to the budgetary system of Emenite Nigeria Limited with the view to ascertain the major role budgets play in the achievement of profitability for an organization. Budget as a profit planning device sets standards of... Continue Reading
1.0 INTRODUCTION The term budgetary control in management studies implies the judicious allocation of limited resources available to a firm in the day to day management of the business which easily varnish from intensive competition because of wrong appropriation of resources. Other factors which lead to liquidation of many small scale business... Continue Reading