ABSTRACT
This story was aimed at finding out how Anambra Motor Manufacturing company Emene-Enugu undertakes its financial planning and control measures to meet its set objectives. Financial planning and control is very vital tool that helps management of an organization to achieve efficiency in its organization if the managers were able to work towards achieving its objectives. Very often management are faced with the problems of making good financial plans when a financial plan has been made, by way of borrowing, selling of manufactured goods to the public, sales of ownership, selling of assets, there still comes up investment decisions whether to be land, building and machineries, fixtures and fitting. Questionnaires and personal interview were used to collect the required data respondents. The percentage method used was chi-square statistical tool to analyze the data collected. It was discovered that it is vital for an organization to ensure that adequate finance for the company’s activities is obtained at the right quantity, time and place and also to ensure that the inflow and outflow of corporate funds are broadly in balance. So that situations of cash surplus and cash shortage does not arise. Anambra Motor Manufacturing Company adopted a good control system on the accounts department, where they have revenues and disbursement section that handles the receipts and payment in the organization. Careful or efficient source of fund helps Anammco achieve its aim. The conclusive nature of this study makes it open for more research.
TABLE OF CONTENTS
Title Pageii
Approval pageiii
Dedicationiv
Acknowledgementv
Abstractvi
Table of Contentsvii
CHAPTER ONE
INTRODUCTION
1.1Background of the study1
1.2Statement of the problem 8
1.3Objective of the study9
1.4Significance of the Study10
1.5Research Question11
1.6Research Hypothesis 12
1.7Scope and Limitation of the Study13
1.8Brief History of Anambra Motor Manufacturing14
1.9Definition of Terms17
Reference
CHAPTER TWO
LITERATURE REVIEW
2.1Review of Management Decision Making20
2.2How Financial Planning and Control help 25
2.3Financial Planning and Control in Anambra26
2.4How Anamco Implement their Financial32
2.5An Overview of a Typical Planning 33
2.6Advantages and Disadvantages of Financial 36
2.7Requirement for Effective Planning and Control38
2.8Objectives, Types, Methods of Planning 40
2.9The Need, Benefits and Factors Affecting Planning48
2.10Organization of Planning, Monitoring Control 60
2.11Planning and Human Relation62
Reference
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1Research Design 69
3.2Source of Data69
3.3Method of Data Collection 71
3.4Population of the Study72
3.5Sampling Determination of Sample Size73
3.6Table of Show Distributions to Financial Controller 76
3.7Method of Data Analysis 76
Reference
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
4.1DataPresentation and Analysis81
4.2Testing of Hypothesis 83
Reference
CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION
5.1Summary of Findings 97
5.2Conclusion 99
5.3Recommendation
Bibliography
Appendix
Questionnaire
