ABSTRACT
The success of any enterprise depends
cargely on the effectiveness of its human resources in their work. The
need for apprcising the problems and propects of timber Business in Enugu state
is apparent. This project therefore is a research on timber business in
Enugu state. The problems encountered in timber business is a Kin to any
other business and the prospects of the timber business is encouraging.
This is because virtually all the things we produce today entails the use of
wood.
This work intends to expose the funda mental problems in the timber business
and to enable the timber dealers to solve their problems more expenthy lots of
finding has been made about the subject matter which includes causes of problem
in the business and how better they can be economically manned on completion of
this project. it was recommended that if government can create more
financial aid to the timber dealers and Sawers association to improve in their
production facilities and also government should put into consideration those
policies affecting the timber business with these, the future of timber
business with these, the future of timber business in Enugu would be brighter.
To achieve this, the timber dealers should be given opportunity to practice
marketing in a wider range so as to enhance their career prospects.
The work is arranged in five chapters. Chapter one introduction, chapter
two, review of related literature, chapter three research design and
methodology chapter four data presentation and analysis, chapter five
discussion, recommendation and conclusion.
TABLE OF CONTENTS
CHAPTER ONE
Introduction
1.1
Background of the
study
1.2
Statement of the
problem
1.3
Purpose of the study
1.4
Scope of the study
1.5
Research
hypothesis
1.6
Significance of the
study
1.7
Limitations of the study
1.8
Definition of terms
Reference
CHAPTER TWO
Literature Review
2.1
Review of related
literature
2.2
Meaning and needs for timber
business
2.3
Techniques for identifying timber
2.4
Scope of timber business in
Nig.
2.5
Identification of timber business
2.6
The process of timber business
References
CHAPTER THREE
Research Design and
Methodology
3.1
Research
design
3.2
Scope of the
study
3.3
Population of the study
3.4
Sample and sampling procedure
3.5
Instruments for data
collection
3.6
Validation of the instrument
3.7
Reliability of the instrument
3.8
Method of data collection
3.9
Method of data
analysis
References
CHAPTER FOUR
Data Presentation and
Analysis
4.1
Presentation and analysis of
data
4.2
Testing of
hypothesis
4.3
Summary of
results
References
CHAPTER FIVE
Discussions, Recommendation
&
Conclusion
5.1
Discussions of results /
findings
5.2
Conclusion
5.3
Implication of the research
findings
5.4
Recommendation
5.5
Suggestions for further
research
References
Appendix
I
Appendix
ii
Bibliography
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND
OF THE STUDY
The twentieth century industrial revelation experience brought
along with it technological developments and the expansion of business
organization. As the need for individuals continued to increase, business
continued satisfy the increasing needs.
Before Nigeria gained her independence, impact substitution was
existing then as a means of industrializing our economy.
Based on that our economy is purely based on production of
agricultural products this aspect makes the economy to be the sole producer of
agricultural inputs which fluctuates seasonally.
Coupled with the fact that we are developing, many business
organization spranly up in the economy, many individuals want into
industialisation to shape the future of our economy. To mention somefew
industries, which includes the timber industry, textile industry, automobile
industry.
Because of the problem suffered by developing countries like
Nigeria, these industries fale different constrain and problems to date.
The timber business has been in existence ever before the birth of Nigeria but
for years the classic image of timber business has been regarded as a mere
local business run by lliterates and people of lower class in the
society. However the timber business deals mainly with woods of all kinds,
like opepe, obeche, Nagzonia, machogang, tick, Abora etc.
These various kinds of woods serve as the main resources on which
timber business based. It is an indispensable business in the country
because of the services it is kndering to the stimulation of the economy is
like other business encounters problems which could be social or economical in
nature.
Inspite of these problem encountered in the timber business, it
has remained the parrot through which our economy is revitalizing today.
This is seen in the roles performed by woods in our modern day
life. Today, timber business is among the prime enterprises which is
contributing to the economic growth and help in alleviating some of the
societal problems by providing technological products that enhance human
welfare like television magazines (papers) modera day furniture’s to mention a
few are produced from wood processing.
1.2 STATEMENT OF THE PROBLEM
Timber business in Enugu today is faced with a lot of problems
that like their counter parts in other states of Nigeria. These problems
go a coming way to negate its growth and development in the country and there
by limiting its potential contributions to the development of the
economy. Among such problems are general lack of funds by proprietors of
the business and difficulty in raising it due to limited capital. Thus
money to keep the business going and expanding are irrefragably a magohandicap
there is lack of managerial acumen due to the proprietors limited education and
training. A long side of this, it is lack of technological know how.
Although there are many of these timber business in existence today, their
impact in terms of the ever charily industrialization of the country is still
for fetched. They still operate with in the limit of indigenous market research.
The dealers are confused by what is happening to their traditional
markets in this fast moving commercial world. The dynamics of the
business environment still look to them like a day dream. They are unable to
conduct market survey, dwersity their potential target markets and so on.
Above all, the timber business is faced with problems arising from
government fiscal and monetary policies. In recent years, the tax climate
and the governments business policies have placed serous restraints on the
owners and the opportunities available to them.
1.3 PURPOSE OF THE STUDY
In view of the fact enumerated above the objectives of the study
is to examine the problems confronting the timber business. To see to what
extent they affect Enugu timber dealers and sawers association in its
operations and its possible contribution to the economy. Based on the problems
identified by the write, necessary suggestions and recommendation will be
offered, which if implemented will help the association to solve most of it not
all the problems, besides the recommendations will hopefully be of great help
to new aspirants into the business and other business entrepreneur to make
their business unique.
1.4 SCOPE OF THE STUDY
This study might have included research in several other tourns in
Nigeria like Ibadan, Bendel, Enugu, Aba etc but due to the constraints involved
in research work, the researcher could not go beyond kenyatan. The scope
of the study is based on timber business in Enugu state. The problems and
prospects and it covers only Enugu Timber Dealers and Sawers association.
1.5 RESEARCH HYPOTHESIS
This study intends to test the following hypothesis
HO: To a
large extent Natural disaster has no affects on the supply of logs in the
timber business.
H1:
Natural disaster effect the supply of logs in the timber business.
Ho:
The risk incurred in the business has no effect on the timber business.
H1:
The risk incurred in the timber business has greatly affected the growth of
timber business.
Ho: Government policies has not in
any way affected the development of timber business.
H1: Government policies has to a
great extent impeded the development of timber business.
1.6 SIGNIFICANCE OF THE STUDY
The study is aimed at exposing the proprietors of timber business
to dangers in their business things that they failed people in the past and
things that one should avoid to be successful in the field of the business as
it affects timber business.
The study hopes to prepare students who may want to go into entre prenueral
ventures to explore the timber business to be precise, this study will enable
the proprietors in timber business to do things on their own way. It does
not mean that you must be successful at the end of it all but definitely it
will help improve your chances of succeeding.
The study indicates to timber business dealers how to avoid some of the
mistakes in initiating, organization and operating a small scale timber business
that has been economically fatal to others, therefore enabling them to achieve
the optimum benefits from the limited economic and human resources available to
them.
1.7 DEFINITION OF TERMS
Development:-
a gradual process of growth or the way one exploits
resources.
Innovation;-
To make something new
Timber
:-
Supply of wood for building and growing trees
Wood:
substance of which the trunics and branches of trees are
made e.g furnitures, papers etc.
Dealer:
Person in a stated types of business.
Technology:- this is the state or act of ding things
in the society
Efficiency:-
This is the economic
Market:-
this is the anena for potential exchange.
| Department | Business Administration and Management |
| Project ID Code | BAM0130 |
| Chapters | 5 Chapters |
| No of Pages | 72 pages |
| Reference | YES |
| Format | Microsoft Word |
| Price | ₦4000, $15 |
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| Contact Us On | +2347043069458 |