ABSTRACT
The purpose of this
research work is to have a detail effect of government regulation in business.
The case study.
The strength of the N.B.L. staff is about 60 workers with sample of 52 workers,
the total of 52 questionnaire were printed and 52 were collected and analyzed
in table.
The source of this
research work is from both secondary and primary sources. It was found
out that performance appraisal system can be improved by preventing all forms
of bics nepotism and favoritism and on the other hand encourage justice, fair
play and equity.
Thus it was recommended
that modern equipments and tools should be provided for the staff to carry out
their duties effectively.
TABLE OF CONTENTS
CHAPTER ONE
1.0 Introduction
1.1 Background
of the study
1.2 Statement
of the study
1.3 Objective
of the study
1.4 Research
questions
1.5 Hypothesis
formulation
1.6 Significance
of the study
1.7 Scope
of the study
1.8 Limitations
1.9 Definition
of terms
CHAPTER TWO
2.0 Literature
review
2.1
government regulation by status
2.2 The
price control act
2.3 The
Nigerian enterprise promotion decree
2.4 Monetary
polices
2.5 Fiscal
policies
2.6 Government
competition
2.7 History
of Nigerian breweries PLC.
CHAPTER THREE
3.0 Research
design and methodology
3.1
Research design
3.2
Area of the study
3.3
Population of the study
3.4
Sample and sampling determination
3.5
Instrument of data collection
3.6
Validation of the instrument
3.7
Reliability of instrument
3.8
Method of data collection
3.9
Method of data analysis
CHAPTER FOUR
4.0 Data
presentation and analysis
4.1 Presentation
and analysis of data
4.2 Testing
of hypothesis
4.3 Summary
of results
CHAPTER FIVE
5.0 Discussion,
recommendation and conclusion
5.1 Discussion
and results findings
5.2 Conclusion
5.3 Recommendations
5.4 Suggestion
for further study
Bibliography
Appendix
CHAPTER ONE
1.0 INTRODUCTION
1.1
BACKGROUND OF THE STUDY
In a country with mixed
economy such as Nigeria, both the government and private individual turn the
economy jointly. This means that private individual, groups as well as
the three levels of government are free to establish business enterprises.
The three levels of government low include the local, the state and the Federal
Government, respectively. In this modern world, mixed economy appear to
the most prevalent economic system but what make the difference is the degree
of the mixture.
Therefore, government
has some important roles to play in this type of economy. Based on the
importance of government regulations on business in the country, government
regulatory power on business activities was included in section 16 (1) and (s)
of the 1979 federal constitution. In 1984 as well, the former was
modified by the then federal military government. This modification was
also included in section 16 (1) and (3) of 1999 constitution of the federal
republic of Nigeria. And both constitutions specified the following as
regards our national economic activities.
Section 16 (1) states
that the state shall within the context of the ideal and objectives, for which
provisions are made in this constitution, control the national economy in such
manner as to be secure the maximum welfare, freedom and happens of energy
citizen on the basis of social justice and equity of status and
opportunity. Without prejudice to its right to operate or participate in
areas of the economy, other than the major sectors of the economy.
According to sub-section
4 of section 16, the major section includes activities directly concerned with
the production, distribution and exchange of wealth, or of goods and
services. These major sectors of the economy will be declared from time
to time by a resolution of each house of the National Assembly to be managed
and operated exclusively by the government of the federation.
Without prejudices to
its right to operate or participate in areas of the economy, to manage and
operate the major section of the economy.
Moreover, according to
section 16 (3); a body shall be set up by an act of the National Assembly which
shall have power to review from time to time the ownership and control of
business enterprise operating in Nigeria and make recommendation it some and to
administer any law for the regulation of the ownership and control of such
enterprise.
Therefore, it is clear
that the role of government is to protect and represent the interest of the
society and the citizenry in which business operates. It can be further
said that government through regulations protects consumers from abuse, they
ensure efficiency in the use of resources and promote equitable distribution of
income.
Government policies are
the most dynamic of all government influence on business in Nigeria. This
is due to instability in Government of Nigeria and has contributed to massive
change in policies affecting the operation of business.
These policies may
include monetary or fiscal policies. Fiscal policies which is a
macro-economic tool that involves the use of government spending and taxes (T)
in guiding the nation’s economy to achieve pre-determined economic good.
Monetary policy on the other hand is the regulation of money and the terms and
availability of credit. Government can regulation of business activities.
Conclusively, government
can use other means such as import duties and tariffs to regulates business in
Nigeria, in order to protect domestic industries and producers against foreign
competition.
1.2 STATEMENT
OF PROBLEMS
The influence of
government on business can take so many forms. The study aims to look at
the regulation or government regulation towards Nigeria Breweries Plc Enugu and
also suggest how to increase the company’s efficiency through the
regulation. Government has realized that political independence without
economic independence is meaningless.
The research on government
regulation with particular reference to Nigeria Breweries Plc Enugu has raised
some questions among experts and professionals, which this study has attempted
to address. These include;
a.
Can government regulation in organization be minimized and for untimely
eliminated?
b.
Can organization exist without regulation?
c.
Is regulation beneficial or detrimental to organizational goal?
d.
How can organization efficiency be increased by regulation?
1.3 OBJECTIVES
OF THE STUDY
The aim of emery firm
such as Nigeria Breweries Plc is to be efficient in the discharge of its
service. It is through effective and efficient regulation that
organizational misconduct can be avoided.
The overall objective of
these measure will be to ensure the profitability of the organization.
This is addition to the above stated measure, the researcher wants to achieve
through the study the following objectives.
1.
To find out whether regulation exist in Nigerian Breweries Plc Enugu
2.
To examine and assess various regulation traceable in the company.
3.
To identifying whether a specific method of regulation actually exist in
Nigerian Breweries Plc Enugu.
4.
To identify problems if any encountered in regulating in the organization.
5.
To find out the consequences of regulation in the Nigerian Breweries Plc Enugu
(activities).
6.
To recommend ways organizational efficiency can be increased through
regulation.
1.4 RESEARCH
QUESTION
1.
What is really the reason why government regulation will neglected by firms
(company)?
2.
Why is it that companies at time refuse to give assistance to government when
they needed it.
1.5 HYPOTHESIS
FORMULATION
Based on the study as
had been discussed above, the following hypothesis have been formulated;
Ho: Some government
regulatory measures in business have not adversely affected the growth and
structure of Nigerian Breweries Enugu.
H1: Some
government regulatory measures in business have adversely affected the growth
and structure of Nigerian Breweries Enugu.
H0: Because
government does not always seek the opinion of public in matters pertaining to
business, its regulatory policies have not been very effective.
H1: Because
government always seek the opinion of public in matters that concerns business,
its regulatory measure have been effective.
H0: Nigerian
Breweries Plc may not be forced to sub-optimize research due to increasing
government regulatory measure.
H1: Nigerian
Breweries Plc may be forced to sub-optimize research due to increasing
government regulatory measure.
1.6 SIGNIFICANCE
OF THE STUDY
Business had been
criticized seriously due to discriminatory rates and policies. The
economic power had been in the hands of all kind of processing and
manufacturing industries through trusts and corporate merger.
Meanwhile, due to this
government in order to rescue the economy has come up with so many regulatory
measures which are benefiticial to the following people;
a.
Employers
b.
Employees
c.
Consumers etc.
In fact it is because of these, it becomes
necessary to study the effect of government regulation on the management of
Nigerian Breweries Plc Enugu.
1.7 SCOPE
OF THE STUDY
The study of this topic
THE IMPACT OF GOVERNMENT REGULATION ON BUSINESS is suppose to include many
kinds of business sector both private and public sector. In order to
manage the topic and carryout the study effectively and effectively the
researcher deemed it fit to restrict the topic to the effects of government
regulation on business and it affects Nigerian Breweries Plc Enugu.
Although, reference will
be made on a general basis because of the dinerse native of business.
1.8 DEFINITION
OF TERMS
The following terms or
words used in this study will be defined:
Business: This simply means an economic activity
undertaken to produce goods and or services.
Mixed
Economy: It is a system of economy in which both private
individuals and government jointly run the economic activities of the country.
Fiscal
Policy: It is a tool or measure
which the government used in regulating the economy through taxes and
government spending.
Monetary
Politic: This is another measure used by the government
in order to control the supply of money and the terms and availability of
credit in the nation.
Government: It is an agency designed to administer the
affairs of a state or nation.
Regulation: This is the system which government in
controlling the economic activities of the nation.
Department | Business Administration and Management |
Project ID Code | BAM0273 |
Chapters | 5 Chapters |
No of Pages | 70 pages |
Methodology | Chi Square |
Reference | YES |
Format | Microsoft Word |
Price | ₦4000, $15 |
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Contact Us On | +2347043069458 |