AN ASSESSMENT OF WORKING CAPITAL MANAGEMENT IN MANUFACTURING COMPANIES (A CASE STUDY OF NIGERIAN TOBACCO PLC. ZARIA
AN ASSESSMENT OF WORKING CAPITAL MANAGEMENT IN MANUFACTURING COMPANIES (A CASE STUDY OF NIGERIAN TOBACCO PLC. ZARIA
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Date
1999-08
Authors
AHMED, ALIYU ABDULAHI
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Abstract
This dissertation covered the assessment of working capital
management in manufacturing companies. A Case Study of Nigerian
Tobacco Company Plc, Zaria. Interviews were conducted to obtain
the data needed which was complemented with taking a closer look
at the records maintained by the company.
The essence is to examine to what extent the manufacturing
company have been managing its working capital and how it worked
in practical terms. It was also geared towards providing
suggestions that will be of help to the company in improving the
effective and efficient management of their working capital.
The components of working capital which comprises of
current assets and current liabilities were discussed in detail,
and also the role they plays in relieving effective and
efficient working capital management in relation to attainment
of the basic organizational objectives was highlighted.
In addition, the usefulness of the study falls within two
arms of management at large and on the other hand to the
personnel directly or indirectly involved in the management of
working capital. In view of the organization it rationalize
their resources to maximized their profitability, setting of
debtors and avoidance of overstocking.
The firm is faced with some problems which to a great
extent effects their ability to effectively manage their working
capital, these includes, the general state of the economy (i.e
macro economic policies, inflation, and foreign exchange
problems).
The researcher does his research in Nigerian Tobacco
Company, Plc Zaria. Thus the research is based on the current
policies imposed relative to the working capital management.
As a result, I recommended the adoption of some ways to
improve the management of cash, the factors to be considered
before granting credits to customers, provision of adequate
transportation of stock ad a careful analysis of cost especially
the human and mechanical efforts.
Description
BEING A PROJECT WORK SUBMITTED TO THE
POSTGRADUATE SCHOOL AHMADU BELLO
UNIVERSITY ZARIA IN PARTIAL FULFILLMENT OF
THE REQUIREMENTS FOR THE AWARD OF MASTER
DEGREE OF BUSINESS ADMINISTRATION (MBA)
DEPARTMENT OF BUSINESS ADMINISTRATION
FACULTY OF ADMINISTRATION AHMADU BELLO
UNIVERSITY ZARIA.
AUGUST, 1999
Keywords
ASSESSMENT,, WORKING,, CAPITAL,, MANAGEMENT,, MANUFACTURING,, COMPANIES,, CASE STUDY,, NIGERIAN TOBACCO,, PLC. ZARIA