MANAGEMENT OF STOCK IN PUBLIC UTILITY

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Date
1998-09
Authors
ENGR., YUSUF ABDULMUMIN1
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Abstract
This project is primarily concerned with the analysis of management of stock in public utility companies with particular reference to the Distribution and Marketing department of the National Electric Power Authority (NEPA). In doing this, the researcher briefly explain some of the general problems facing the stores control functions in many organizations and went on to touch on the background of the subject matter where some of the activities of the organization were highlighted. Some of the problem facing stores control system were highlighted to include the dearth of qualified stores personnels, overstock and sometimes under stocking, pilferages, deterioration, obsolence and insufficient store materials. The research work further reviewed related literature on the subject matter to sample the opinions of various authors on the subject. The review of related literatures centered on inventory control, stock control, problems in accounting for stocks, stock costs, product procurement and management, reasons for holding stock, stores control, stock taking and stock checking, cyclical provisioning, stock record system, among others. The researcher noted that there was a concensus among the authors on these matters as mentioned above. The study employed draft questionnaires, personal interviews, physical observation and the use of secondary data as the major instruments for gathering information. The data gathered was analysed based on frequency distribution of respondent opinions and shown in contingency tables and ranked in percentage. Based on the major findings from the analysis of data, conclusions were drawn and recommendations made on how to ensure effective management of stocks, not only in public utilities but also in all business organization in the country to forestall either stock out, over stocking or under stockings.
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BEING A PROJECT SUBMITTED TO THE POST GRADUATE SCHOOL IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION (MBA) OF AHMADU BELLO UNIVERSITY, ZARIA. DEPARTMENT OF BUSINESS ADMINISTRATION, FACULTY OF ADMINISTRATION, AHMADU BELLO UNIVERSITY, ZARIA, NIGERIA. OCTOBER 2005
Keywords
MANAGEMENT,, STOCK,, PUBLIC,, UTILITY
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