ProjectClue.com We're Ready, Call Us

(+234) 07030248044

Project Topic:

PROBLEM OF SMALL SCALE INDUSTRIES IN ENUGU

Project Information:

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 75 ::   Attributes: Questionnaire, Data Analysis  ::   54 people found this useful

Project Department:

BUSINESS ADMINISTRATION UNDERGRADUATE PROJECT TOPICS, RESEARCH WORKS AND MATERIALS

Project Body:

CHAPTER ONE

INTRODUCTION

Background of the sub- matter

            The word Industry has several different meaning. Sometimes We speak of Industry as referring only to the manifesting of goods and thus being different from aquaculture and trade.

 

The term Industry is also used to refer to certain types of Inductile activates in the sense that an Industry is taken to mean a group of enterprise for Industry, the automobile Industry, the banking Industry, textile Industry and so on, Each Industry is based on Lab our specialization Individuals who are experts in particular fields strives towards Improved skill and efficiency in providing particular goods and seines. But in this research, Industry will be treated in the broadest sense including all the activates which provide us with the things we want and need, that is agriculture. Trade, mining, banking, semi- manufactory, transportation, Communication, and building.

Industries may be classified in different ways depending on the purpose for which they are Intended for Instance their closeness to the national resources or raw material out of goods are to be produced.

However, in the research Industry are classified into the three small medium and large scale Industries. This classification varies from country to. Even within a country there is no hard and fast rule for hence each country could classify industries to meet the objective being paused.

Many definitions have been given a small-scale industry. These we optically examined later that small scale is retentive concept because what is small in a particular situation many not be considered small inn different situation as regards larges scale enterprise. However, small and medium scale enterprise are expected to play a vital role in Nigerian Industrial development and the industrial sector based on the capital strength and degree of the industry.

 

In Nigeria much emphasis has been placed on small scale industries, a key to industrialization of the country. In this regard, the federal government has been in forefront by promoting the industry by granting them lots of incentives as stated below.

Government always gives allocation to some small scale industries which hence been established in contain areas for example the 2nd National Development plan for 1970-1974 and so on. In order to develop their countries which provide extension services in terms of technological advice to the small scale industries in their area of jurisdiction.

In 1984, the central Bank of Nigeria issued directive to the commercial Banks to reserve a mums of 16% for their loan, packages for the small scale industries. Defaulters were punished. There and other commendable moves have been made to ensure the sustained growth of small scale enterprise in the country.

Finally, t hey appears marvelous but there is a significant lack of realism in their practices. It is a known fact that government always has good intension when formulating any policy and during its implementation. It is very important to note that this study sticky dwells on the family Joy production small scale industry, its enterprise in Agriculture, transportation and trade. Industries. These industries. These industries have its own background that we are going to deed on.

The family joy product industry limited Enugu is an indigenous company specifically concerned with the business of bakery, under bakery section, they produce bread lives: family Joy Royal, festival, Perstoge and Teat time Bread.

 

The company was incorporated in 1989 and started production in Jan 1990. The company has Mr. Osmond Wze as its chairman and managing Director. Family Joy product emphys about 120 workers and is financed with personals savings of the owner and loans from commercial banks.

They sell their products on daily basis and their area of operation is local basis. Their daily productions on bread ranges from 600 t0 2000 loaves of bread depending on the demand for the day. Them, if move capital is available, the management may consider going into the manufacture of another product live altogether.

To increase the market share of their products, the company is contemplation on opening depots in some other commercial towns like Aba, Ointsha, lagos state. The opening depots will help the factory to have more sales and increase their daily production. They are also planning to go international if additional capital is obtained.

Family joy industry is located at No. 18 hgbence Abakapa Nike Enugu. Family joy industry Enugu is one of the leading companies in confectionaries here in Enugu. Family joy is faced wish the following problems.

Inability of the company to sourced funds externally due to lack of security. As a result, the company has continued to rely on personal savings and internally generated revenue as their main resource of capital. This has remained inadequate.

Secondly, family joy products industry fails to keep proper records of their transaction as a poly top defraud the company.

Thirdly, lack of finds has also prevented the company from the desired market perpetration and outreach to the consumers. Insolently also precluded the company from effective promotions and advertisement of their products.

Finally, remuneration to the workers is another problem that is facing the campaign. As a result of its limited scope and coupled with the fact that the company is not a quoted company, the level of its remuneration to staff has adversely affected the recruitment of specialist staff in the company. The company’s condition of seine is not such that caters adequately for its staff problems and as such has attracted less qualified workers to cater for its administrative needs.

Get the complete project »

Instant Share On Social Media:

OTHER SIMILAR BUSINESS ADMINISTRATION PROJECTS AND MATERIALS

A CRITICAL STUDY ON THE EFFECTS OF JOB STRESS ON THE PERFORMANCE OF BANKERS IN NIGERIA (A CASE STUDY OF UNION BANK, CALABAR)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 80 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   8191 engagements

ABSTRACT The study investigated and evaluated job stress and its effects on job performance among members of staff at Union Bank. The study sought to find out how work-related stress could affect the...Continue reading »

A STUDY ON THE IMPACT OF EMPLOYEE GRIEVANCES AND THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF NIGERIA BOTTLING COMPANY, LAGOS STATE)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 80 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   6040 engagements

ABSTRACT Maintaining good employee-employer relationship is one criteria for an organization to succeed. If employees are not happy with management and their fellow colleagues at workplace, organizat...Continue reading »

AN APPRAISAL OF MATERIAL MANAGEMENT CONCEPT AS A STRATEGY FOR ACHIEVING HIGHER PRODUCTIVITY IN NIGERIAN BOTTLING COMPANY

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

CHAPTER ONE INTRODUCTION 1.1 Background of the Study The Need for Appraisal of Material Management Concepts as a strategy for achieving higher productivity and to make up with the growing complexi...Continue reading »

ANALYZING PERFORMANCE APPRAISAL TECHNIQUES IN UNION BANK NIG PLC

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 71 ::   Attributes: Questionnaire, Data Analysis,Abstract

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY In any evaluation of the condition necessary for the growth and survival of an organization, the role of performance appraisal is a strategic f...Continue reading »

ASSESSING BOOK-KEEPING PRACTICES OF SMALL AND MEDIUM SCALE ENTERPRISES IN OGOJA LOCAL GOVERNMENT AREA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 67 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   3825 engagements

ABSTRACT Nigeria’s economy is characterized by a large number of micro enterprises, and in between lie small and medium enterprises (SMEs). The unique feature of most SMEs is that, they can be e...Continue reading »

ASSESSING THE EFFECT OF MATERIAL HANDLING ON THE PROFITABILITY OF A MANUFACTURING COMPANY

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 74 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   5194 engagements

CHAPTER ONE 1.1. Background of the Study Material Management, as practiced in business today, can be defined as “a confederacy of traditional material activities bound by a common idea. The id...Continue reading »

What are looking for today?

WHAT OUR CUSTOMERS ARE SAYING:
  • 1. Jamilu Idris Muhd from Sule Lamido University Kafin Hausa said "very wonderful effort".
    Rating: Excellent
  • 2. Abubakar Khalifah @Pkhal_Official from Bayero university kano (BUK) said "Indeed very knowledgeable and helpful. EXCELLENT!!!".
    Rating: Excellent
  • 3. Rabi At Babandi Ibrahim from Federal University gwagwalada said "Thanks very much for your wonderful and amazing solution may the almighty god help you ameen ".
    Rating: Very Good
  • 4. Rabi At Babandi Ibrahim from Federal University gwagwalada said "Thanks very much for your wonderful and amazing solution may the almighty god help you ameen ".
    Rating: Very Good
  • 5. Harry Harris Haniel from Ahmadu Bello University said "Good content ".
    Rating: Very Good
  • 6. Abdulrah-man Abdullahi from University of Benin said "A big thanks to the team for the effort exerted towards the completion of this academic piece. Projectclue shall always be referred to those seeking academic assistance.".
    Rating: Excellent

Leave a comment: