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This study examined the impact of budgeting planning and control on productivity in NOCACO. The objective of this study is to bring light to the need for effective and efficient budget plans and control, and to find out how and to which the extent budgeting serve as a means of planning and control to increase productivity. The methods used for the study is survey method, method of data collection is questionnaire and personal interview and the method of data analysis is likert scale is used based on mean statistic. The findings based on the data presented and analyzed, the researcher was able to identify that budgeting planning and control techniques are used for increase productivity in the dynamic profit and non profit making organization which is the study of this research work and its also observed that good budgeting system will help any organization to increase its productivity level. The researcher concludes that productivity must be planned before it can be controlled. Operation has been determined and analyze into expenditure cost so as to know how realistic would be contribution to project goals to make budget without planning. Lastly, the researcher recommended that the company should employ competent and intelligent staff which a lot of experience to facilitate the planning which go a long way in controlling productivity in the organization.
TABLE OF CONTENTS
CHAPTER ONE: INTRODUCTION
1.0 Background of the Study
1.1 Statement of the Problem
1.2 Objective of the Study
1.3 Significance of the Study
1.4 Research Questions
1.5 Scope of the Study
1.6 Limitation of the Study
1.7 Definition of Terms
CHAPTER TWO: LITERATURE REVIEW
2.1 Objectives of Budgeting
2.2 Requirements of a Good Budgeting System
2.3 Stages in Budget Preparation
2.4 Flexible Budgeting
2.5 Zero Base Budgeting (ZBB)
2.6 Planning Programming Budgeting System (PPBS)
2.7 Summary of the Literature Review
CHAPTER THREE: METHODOLOGY
3.2 Research Design
3.3 Area of Study
3.4 Population of the Study
3.5 Sample Size and Sampling Technique
3.6 Instrument of Data Collection
3.7 Validation of the Instrument
3.8 Reliability of Instrument
3.9 Method of Data Collection
3.10 Method of Data Analysis
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.2 Characteristics of Respondents
4.3 Data Analysis
4.4 Summary of Findings
4.5 Discussion of Findings
CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS
1.Background of the Study
For any organization to operate meaningfully there has to be clear direction of where it is leading to or what it is aiming to achieve the standard of objectives and a means of monitoring derivatives from standard requires. These considerations can only be met through budgeting, planning as well as controlling.
A budget has been defined as a quantitative plan usually in monetary terms for the forth coming accounting year of the ensuring period. Budgeting planning/short term planning is the process of preparing detailed, short term (usually 1 year) plans for the function, activities and departments of the organization thus converting the long term co-operate plan into yearly action. Budgeting services as a very important tool for planning and control increase in productivity, in that budgeting aids planning for the future, if services as a control function through management by exception which is the assessment of performance for the purpose of controlling. It helps in co-coordinating of the work management in order to coordinate the activities of the organization.
1.2Statement of Problem
Generally, organization whether manufacturing or service, required good budgeting for increasing productivity. Budgeting as a tool for planning and controlling does increase productivity. This is the problem of qualified personnel that are required for the purpose of preparation implementation and execution of budgeting, areas of responsibility will be decided by management and also budgeting pressure is another problem. The study will therefore be focused on whether budgeting contribute towards increasing productivity in organization or not.
1.3 Objectives of the Study
In view of the glaring problems as mentioned above the researchers main purpose of this study is to look carefully as the system of budgeting. This will enable the researcher to discover and bring to light any loop hole and lapses that may contribute on their little ways to aggregate private sector problem. Therefore, the objectives of the study are as follows:
1.4 Significance of the Study
The significance of this study is essential on its benefit and contribution to individual and organization first and foremost. This study will serve as important objectives reference to top executive of organization who wants to achieve efficiency in production. It will also be significant to students who want to carry out further research on the area of study secondly, the finding of this study will be useful to both the organization and any other similar organization as well as general public in the field as it depicts the nature of problem associated with budgeting in this part of the country. Finally, this study will also cover the public as an essential requirement for the award of higher national diploma.
1.5 Research Questions
The following questions were formulated to serve as parameter for the measurement of the objective earlier stated.
1.6 Scope of the Study
The study is restricted to cover the private sector, and suggest solution and recommendation on the topic of discussion which is budgeting as an effective tool for planning, control for increasing productivity.
1.7 Limitation of the Study
Like any other project, this study is not without limitations, the study emphasis being of the budgeting as an impact of budgeting planning and control on productivity in Northern Cable processing manufacturing company, Kaduna. Some of the difficulties encountered in carrying the study include:
1.8 Definition of Terms
Productivity: Productivity can be expressed on a total factor basis or on a partial factor basis productivity on a total factor basis.
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