Project Topic:

CASH MANAGEMENT IN MANUFACTURING ORGANIZATION (A CASE STUDY OF NIGERIA BREWERIES NINTH MILE CORNER NGWO)

Project Information:

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 33 ::   Attributes: Questionnaire, Data Analysis  ::   2,594 people found this useful

Project Department:

MANAGEMENT UNDERGRADUATE PROJECT TOPICS, RESEARCH WORKS AND MATERIALS

Project Body:

CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY

Cash management is a means of protecting cash in organization cash is the most important current asset for operation of business. It is the basic input needed to keep the business running on a continuous deals. It is also the altimeter output expected to be realized by selling the service or product manufactured by the firm. The firm should keep sufficient cash neither more nor less shortage will disrupt the firms manufacturing operation. While excessive idle without contributing anything towards the firms profitability (Pandey I.M).

Cash management involves initially the provision of sufficient cash to meet the organizations obligations. When they full down and secondly the maintenance of a sufficient cash flow to enable the organization to take the advantage of the growth and investment opportunities by committee T. C. The aim of this project is to explain in simple and clear language what management must do to have effective control over its most liquidly and important asset cash. Thus a major assignment of the financial manager is to maintain a sound cash position.

Effective management and control of cash is very important to the firm because cash represent instantly available purchasing power and nearly every transaction ultimately involved the exchange of cash. 

An integral part of cash administration is concerned with the effective utilization of corporate fund. The planning and control of this activities is made necessary by the fact that business is cyclical in nature and a considerable amount of time, during which raw material must be purchased and wages and over head paid claps between the receipt of an order its shipment and banking of cash. An investment in cash assets is required in order to meet the company’s operational need, the uneven flow in the receipt and disbursement of funds, seasonal fluctuations and so on. Moreover, the receipt and disbursement of fund is varies on a daily bases and within the month, with a heavy cash receipt accruing at a particular time.

Sophisticated cash management models recognize the uncertainty inherent in forecasting both cash inflows and outflows.

STATEMENT OF THE PROBLEMS

Cash constitution a substantial part of current assets of many companies particularly in Nigeria. An effective cash management is necessary for the overall performance of organization, one is surprised at the complete lack of formalized cash management system in many organization in Nigeria. While some companies prepare cash budget at the beginning of the financial year. Without any follow up control process, others just have cash. Management to the monthly bank reconciliation statements, which are often prepared in arrears, unfortunately, it is only when cash problem arises that the management starts to look for solution.

PURPOSE OF THE STUDY

In every business organization effective cash management plays a vital role in assisting the business attain certain goals. Among this basic purpose of the study are;

To find out whether formalized cash management system exist in manufacturing industries particularly in Nigerian Breweries Limited 9th Mile Corner.

To determine the part which effective cash management plays in organizations in attaining its objectives.

To verify from practicing accountants and financial executives the consequences of not having effective cash management in manufacturing organization.

To relate how effective cash management can assist business to attain their predetermine profitability by increasing net returns on asset investment.

To determine whether inefficient cash management has any impact in manufacturing investment.

To ascertain how a company can optimize liquidity position by adequate cash management.

To determine the level of efficiency in cash management of Nigeria Breweries Limited 9th Mile Corner Ngwo.  

SCOPE OF THE STUDY

It is on established fact that in any research project like this type, it is not always easy to cover all possible grounds one would like to cover due to time constrains. This research work through based on manufacturing industries were limited to Nigerian Breweries Limited 9th Mile Corner Ngwo and its environs due to time since the time required for the completion is very short, the researcher finds it difficult to cover all the manufacturing organization in Enugu State.

RESEARCH QUESTION 

How has cash management assisted Breweries Industries in attaining predetermined profitability

Is effective cash management necessary in optimizing liquidity position?

What are the roles of cash management in working capital evaluation?

Is effective management present in manufacturing organization such as Nigerian Breweries Plc.

SIGNIFICANCE OF THE STUDY

In recent time due to changes in business generally, greater emphasis have been placed on cash management. The important of this study is that it will highlight the consequences of not having and operating an efficient cash management system in business organizations. The research work will also expose the management of manufacturing organization to effective way to manage cash towards the achievement of organizational goals. 

Get the complete project »


Instant Share On Social Media:


Can't find what you are looking for?
Call (+234) 07030248044.

OTHER SIMILAR MANAGEMENT PROJECTS AND MATERIALS

IMPACT OF SOCIAL RESPONSIBILITY ON THE PERFORMANCE OF ORGANIZATIONS IN NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 67 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   7375 engagements

The article on this topic (impact of social responsibility on the performance of organizations in Nigeria) is an extract from literature review of the project material. The complete project work would...Continue reading »

EFFECTS OF EMPLOYEES’ COMMITMENT ON ORGANIZATIONAL PERFORMANCE

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 78 ::   Attributes: Questionnaire, Data Analysis,Abstract

CHAPTER ONE 1.1 INTRODUCTION In an era of limited resources, governments at all levels are pressured to produce maximum output with the least input. A great deal of attention has been given to a va...Continue reading »

MANPOWER PLANNING AND DEVELOPMENT AS AN EFFECTIVE TOOL FOR ACHIEVING ORGANIZATIONAL GOALS

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 85 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   10564 engagements

CHAPTER ONE INTRODUCTION: 1.1.BACKGROUND OF THE STUDY: Manpower planning and development is the first and the most important function of management. The essence of manpower planning and development...Continue reading »

IMPACT OF REWARD SYSTEM, EMPLOYEE TURNOVER AND PRODUCTIVITY IN NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: N/A ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   4843 engagements

ABSTRACT This project is mainly concerned with the relationship of wage policy, employee turnover and productivity. It’s generally agreed that human resources are very vital to the success or o...Continue reading »

ROLE OF MANAGEMENT IN MOTIVATING WORKERS IN THE BANKING SECTOR (A CASE STUDY OF FIRST BANK NIG. PLC. ENUGU)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 100 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   5653 engagements

ABSTRACT This project work was carried out to determine the role of management in motivating workers in banking sector, using first Bank Nig. Plc, Okpara Avenue, Enugu State as a case study. The purp...Continue reading »

SALARIES AND WAGES ADMINISTRATION AS A TOOL FOR IMPROVING EMPLOYEE’S PERFORMANCE IN AN ORGANISATION. (A CASE STUDY OF OLAMABORO LOCAL GOVERNMENT AREA OF KOGI STATE)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 85 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   7227 engagements

ABSTRACT This work is concerned with salaries and wages administration in Nigeria public sector, a case study of Olamaboro Local Government Area of Kogi State. It is on this premise that the study is...Continue reading »

What are looking for today?

WHAT OUR CUSTOMERS ARE SAYING:
  • 1. Elkanah Umma from Ahmadu Bello University Zaria said "I had wonderful working experience from you guys. Your side is perfect for research! Keep helping the customers.".
    Rating: Very Good
  • 2. Mamudu Jalloh from University of Makeni said "I actually love it because of it quality ".
    Rating: Excellent
  • 3. Nasra Mohammed Hersi from Simad university said "Thanks for your sharing ".
    Rating: Excellent
  • 4. Ahmed Abdi Mohamud from Abaarso Tech University said "I have a wonderful experience using ProjectClue,".
    Rating: Excellent
  • 5. Hassan Tahlil Mohamed from SIMAD University said "thanks a lot for your solution of the problem".
    Rating: Excellent
  • 6. Abdisalan Hassan Aden from DAHA INTERNATIONAL UNIVERSITY said "Thank you first. Second i need you to help your title ".
    Rating: Excellent