CHAPTER ONE
1.0
BACKGROUND OF THE STUDY
1.1
INTRODUCTION
Nigerian
Bottling Company business environment, business administration, educational
sector e.t.c make use of planning to make important decision, recognizing
decision making applied in the process, they collect data, organize analysis
interpreting and implementing the result for both present and future used.
The
organizational mission and functions such as forecasting, planning organizing,
motivating coordinating and controlling as the effective and efficient means by
which organization can survive and also satisfy their customers need.
However
organization is defined as a group of people bound together to provide unity of
action for the achievement of a predetermined objectives. It can also be seen
as a process of coordinating individual effect to accomplish common objectives.
Since
planning is an independent variable while organization is Depend the success or
future of it application will depend on how all it has been positively combine
with the use of planning.
In recent
years, the development of planning in the organizational filed has brought
about a substantial change in the organization thinking and practice. The
leaning of planning is almost always a wise investment especially for those who
are planning to make a carrier in the field of management.
However,
planning have been closely considered from the perspective that it enhance
knowledge acquiring and decision making, so many texts have been written open
the subject organizational and planning, beside good organization should always
make use of planning always with the use of statistic data for problem solving
and decision making to accomplish organizational goods and objectives.
1.2 PROBLEMS OF THE STUDY
The idea that
a company strategy is important to oe leaved to the entire organization because
of the competition this is because every firm would be working to words
achieving of the organization.
Strategic
planning is restrained complex that it can be come prohibitively expensive to
operate.
Concentration
on specific strategies may lead to inability to take up better opportunities
when they arise.
Some argue
that many firms not considers strategic planning organization objectives be
defatted and may lead to closed down of the business.
It is
important to note that there is no point that strategic planning bring about a
better performance. However fact suggests that improve organizational
performances.
HYPOTHESIS
HI: Planning has a significant impact
on the organization which makes an organization to achieve the goals and
objective.
HO: Planning has no significant impart
in the organization which are negative effect of the objective of an
organization.
H2: Implement and execution of
strategic planning has positive impart in the organization performance in
achieving the goal and objective of an organization.
H02: Implement and execution of
strategic planning has negative impact on an organization performance in the
objective and goals of organizations.
A hypothesis
is a preposition or statement of fact relating to research out forward by a
research or to guide him/her is his/her research work which may be true or
false/valid or otherwise. If the majority of the research data collected
support the fact that it is valid then it is therefore accepted. Otherwise it’s
not and have to be rejected for the purpose of this research work, the major
hypothesis considered include.
a. That there is direct relationship
between planning and organizational objectives.
b. That effectiveness of planning
techniques determines level of achieving organizational objective.
c. Does a manager face problems when
making use of statistical data in solving problems?
d. The relevance of planning in
organization and to what extent is their roles being carried out?
e. The organization is dependent on
planning tools.
f. That planning is dependent to
organization.
ØThat there is direct relationship
between planning tools and organization and organizational objectives.
ØThat effectiveness of planning
techniques level of achieving organizational objectives.
ØDoes a manager face problems when
making use of statistic data in solving problems?
ØThe relevance of planning in
organization and to what extents are they carried out?
ØThe organization is dependent on
planning tools.
1.3 AIMS AND OBJECTIVES OF THE STUDY
The centre of
study is on how strategic planning help in achieving organizational objectives
among the objectives is to critically examine the list o f available planning
tools in term of achieving organizational objective in terms of productivity
and thereby making huge profit having.
Therefore the basic aims of this study
include,
1. To determine what consideration an
organization bears in mind when designing tools in achieving it management
decision.
2. To identify effect of planning as a
tool in achieving organizational objectives.
3. To determine the planning that is
available to the organization in order to obtain the greatest capacity of
workers.
4. To identify and discuss the effect
of planning techniques on bottling company and its corporate objective.
5. To examine the mode and manners in
which planning is being applied in Nigerian bottling industry and how effective
they are using planning to achieve and increase their organizational
objectives.
1.4 SCOPE OF THE STUDY
The scope of
the study is made up of strategic planning concept theory in reference to Nigerian
Bottling Company, strategic planning influence on the business environment in
achieving organizational objectives. Also on how the management of business
organization should use good strategic planning in solving problems among
employees and for good decision making in other to strike a balance between the
employees objectives and that of the organization, furthermore, through the use
of good planning, this study will influence the organization on how to maintain
good position in the midst of other competition.
1.5 LIMITATION OF THE STUDY
Due to
complexity envisage in data collection of the short duration of time available
from these types of research the study will cover the period of 2007 — 2011.
However this
period of spanning 5years provides an interesting research art it encompass the
two regime, administrator interest rate policy (2010/2011) and the liberalized
interest regime (2005/2008).
The data used will be strictly those
relating to and generated from the Nigeria economy.
Although in
our literature review, the performance of interest the rate in other economic
will be considered.
1.6 DEFINATION OF TERMS
1. Planning: The procedure or activity
of determining in advance especially what need to be done in other to achieve
particular goals how should be done when and where it should be done who should
do it.
2. Strategic: The key decision or plan
of action required to reach on objective or set of objective.
3. Strategic Planning: Long range
planning that focus on goals attainment by adapting the organization to
environment changes. Determination of the stop required to reach an objective
of achievement the optimum fit between the organization and market place.
4. Organization: A group of people
bound together to provides unity of action for the achievement of a
predetermined objective.
5. Objective: A company defined and
measurable aims for a given period.
6. Data: The collection of observant on
this is a large volume of details which are generated by day-to-day transaction
but most be process and organized before they can sense to central operation or
to proved meaningful information.