ABSTRACT
This study is aimed at finding
the strategy for effective mass transit system. The objective of the research
work is to find out method of maintenance of buses and purchase of spare parts,
to determine the effect of poor road network in the strategic planning of the
organization. To find out the influence of economic cost of operation in determine
the fares since its existence, to determine the loss of revenue through
fraudulent practices by crews to evolve strategy to ward of the influence of
politics by flect operators. Also to determine whether ENTRACO is adequately
equipped with the level of passenger buses that could make her services felt by
the greater percentage of people.
In view of the above objective
and many more not mentioned, the researcher, in the following finds among
others.
1.
ENTRACO is inadequately equipped with the level of passenger buses that could
make her services felt by the greater percentage of the people of the state.
2.
Lack of standard and modernized workshop hampers the operations of the company.
Maintenance of buses could have been easier and cheaper if such workshop is in
place.
3.
The company has no reliable time table for bus movement. The ones usually on
display are for more formality. One who deports are fore more formality. One
who is conscious of time need not to go for ENTRACO.
4.
There is state government interference with the cities of the company.
Government often request the use of the ENTRACO’s buses which are hardly paid for
some government ideas which more often them not run counter publictive to the
company are imposed on the company.
Based on these findings, the
following recommendation were made: -
1. The Enugu State
government, the owners of the company should as a matter of urgency provide
more passenger buses to ENTRACO to match demand with supply. The current number
of buses (71 in number) falls for below the expected number that could make the
company effective since the effectives of the company is measured by commuters
satisfaction.
TABLE OF CONTENTS
CHAPTER ONE
1.1
General
Background
1.2
Problem
Analysis
1.3
Purpose of
study
1.4
Scope of
study
CHAPTER TWO
2.1
Literature
Review
CHAPTER THREE
3.1
Data
Presentation
3.2
Analysis of the
data
3.3
Recommendation
3.4
Conclusion
Bibliography
CHAPTER ONE
INTRODUCTION
1.1 GENERAL BACKGROUND
Transports is an important
economic activity. It is vital for the movement of goods and people. The
developments of transport made have been a major impetus in economic
development in the last three centuries. Imagine for a while the scale of trade
that can exist between Kano and Onitsha in the absence of well developed
transport means.
In considering transport, we
can look at several segments of transportation. There is the infrastructive
requirement. Roads are necessary for pedestrian and other land transport
equipment of which the motor vehicle is the most important. Similarly, airport,
rail track and water way development are important for air, rail and water
transport development.
(i)
The rolling stock of the corresponding mode of transport is another component
of transportation that is important. The world has come a long way from
transport by foot. From horse riding and horse draw carts, to river rafts and
sailing ships, steam engines, we have today well designed vehicles, supersonic
aircrafts, electric trains and super taker ships.
(ii)
The economics of transport is also an aspect of transportation that is critical
to overall effectiveness. Let us imagine that there is an airport at Nkalagu, what
will be the economic efficiency of operating an airline regularly to the place?
What level of patronage exist to sustain the airport and airline as economic
proposals? This as a (product) service, there must be demand for
transportation. Remember that demand is need backed by ability to pay.
(iii)
The Technology of transport is also vital. All technology exist in the market
for those who have the means of payment. It is evident that those who have
developed transportation technology stand apart in today’s world. Name them,
U.S.A, RUSSIA, JAPAN, GERMANY, FRANCE, ITALY, KOREA, CHINA.
All things considered, it is
vital that all persons and things needed to be transported at cheapest possible
cost. It is in this context that mass transportation, is considered. In
Nigeria, inland transport is predominantly by road. The development of roads
and bridges is by the public sector, being as they are public goods the rolling
stock is predominantly owned by the private sector. As a result of inadequate
investment in the area, government has from time to time intervened in the
sector through investments like: -
(a)
The National freight company
(b)
State transport companies like oriental line, Bendel line, TRACAS and ENTRACO.
General concern has always been
for commuter transportation than goods because the effect of inadequate goods
transports is evident in price. Commuter transport difficulties give rise to
frustration and disorder.
1.2 PROBLEM ANALYSIS
The problem analysis therefore, is to know the imperatives of Mass
transportation of commuters. What are the requirement roads, vehicles,
maintenance of vehicles, use of vehicles, returns on investment, finance?
Roads are part of public utility and therefore do not come for consideration in
this work. Although Nigeria does not manufacture motor vehicles because we
participate world trade, we have access to products). So we shall combine
vehicle treat both as one variable. Use of vehicles and vehicle maintenances,
will be treated as one variable and shall come into consideration, returns on
investment is important because without it, continuity cannot be guaranteed.
Finally, management structure, adequate for the characteristics of Mass
transport business, especially cash accounting, is required. A viable business
could fail due to poor management or negligence.
1.3 PURPOSE OF STUDY
We are concerned in this study with mass transit as a business and we shall
limit our study to the strategy of the business. We shall examine the concept
of strategy and seek to find whether the programme design of mass transit,
especially under the federal urban mass transit programme, is consistent with
the strategic concept.
1.4 SCOPE OF STUDY
ENTRACO (Enugu State transport) was founded as a mass transit company. We shall
use this company as a case study, being a company bounded under the federal
urban mass transit programme of the federal government of Nigeria.
The study will limit itself to finance and financial returns on mass transport
business structural around the best possible concept, revealed by the study.
Department | Business Administration and Management |
Project ID Code | BAM0113 |
Chapters | 3 Chapters |
No of Pages | 43 pages |
Reference | YES |
Format | Microsoft Word |
Price | ₦4000, $15 |
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Contact Us On | +2347043069458 |