Budgeting as a Tool for Enhancing Efficiency of Corporations (a Study of Seven-up Bottling Company Plc, Aba, Abia State)
Budgeting as a Tool for Enhancing Efficiency of Corporations: (a Study of Seven-up Bottling Company Plc, Aba, Abia State)
ABSTRACT
This study is to assess the role of budget in enhancing the efficiency of corporations. This study centered on types of budgets operates in the company. However, the followings are some of the problems addressed in the study, why most business organization fail to meet their requirement as a result of their inability to formulate good budget and inventory control; problems of inventory, raw materials, idle labour, particular utilization of machine and inflation exchange rate. All this occurs as a result of lack of adequate budget formulation and control. Data was collected through questionnaire and interviews methods and research methodology sample size. Analysis was mainly through simple percentage...