WORKING CAPITAL MANAGEMENT IN THE PRODUCTION SECTOR (A CASE STUDY OF SEVEN-UP BOTTLING COMPANY PLC).
WORKING CAPITAL MANAGEMENT IN THE PRODUCTION SECTOR (A CASE STUDY OF SEVEN-UP BOTTLING COMPANY PLC).
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Date
1995-09
Authors
ABUBAKAR, NUHU SHEHU
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Abstract
The deeper study and analytical approach to business
finance has led to an ever-growing realisation of the
importance of working capital and its influence on the
success or other wise of business operations.
Working capital may be regarded as the life blood of
a business, its effective provision can do much to ensure
the success of a business, while its inefficient
management can lead not only to loss of profits but also
to the ultimate down fall of what otherwise might be
considered as a promising concern.
Working capital management is the functional area of
finance that covers all the current accounts of the firm.
is concerned with the adequacy of current assets as
well as the level of risk posed by current liabilities
It is a discipline that seeks proper policies for
managing cur r e n t a s s e t s a n d liabilities and prac tical
techniques for maximising the benefits from managing
wo r k i n g capital
A deeper understanding of the importance of working
capital and its satisfactory provision can lead not only
to material savings in the economic use of resources but
can also assist in furthering the ultimate aim of a business
: namely, that of maximising financial returns on
the minimum amount of capital which need to be employed.
With this in mind, this study is directed towards
the management of working capital at seven-up bottling
company Plc. It is hoped that the findings, the analysis
and recommendations made in relation to the study will be
of help to the management of the company and students of
managerial finance.
Description
A PROJECT PRESENTED TO THE POST-GRADUATE SCHOOL. AHMADU
BELLO UNIVERSITY, ZARIA TN PARTIAL FULFILLMENT OF THE
REQUIREMENTS FOR THE AWARD OF THE DEGREE OF MASTER OF
BUSINESS ADMINISTRATION (MBA)
DEPARTMENT OF BUSINESS ADMINISTRATION
INSTITUTE OF ADMINISTRATION
AHMADU BELLO UNIVERSITY
ZARIA.
SEPTEMBER, 1995
Keywords
WORKING CAPITAL,, MANAGEMENT,, PRODUCTION,, SECTOR,, SEVEN-UP,, BOTTLING,