EFFECTS OF GLOBALIZATION ON THE DEVELOPMENT OF DOMESTIC MANUFACTURING INDUSTRIES IN NIGERIA (A STUDY OF DANGOTE FLOUR MILL PLC)
ATTENTION:
BEFORE YOU READ THE CHAPTER ONE OF THE PROJECT TOPIC BELOW,
PLEASE READ THE INFORMATION BELOW.THANK YOU!
INFORMATION:
YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL
PROJECT COSTS N5000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE
COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420
EFFECTS OF
GLOBALIZATION ON THE DEVELOPMENT OF DOMESTIC MANUFACTURING INDUSTRIES IN
NIGERIA (A STUDY OF DANGOTE FLOUR MILL PLC)
ABSTRACT
This study examines the effects of globalization on domestic
manufacturing industries in Nigeria usingDangoteFlour Mill Plcas case study;
Itadopted a survey research design to elicit data. 65 employees of Dangote
Flour Mill Plc were selected using scientific sampling technique. Questionnaire
was used as the instrument for data collection and the collected data were
statistically analysed using the simple percentage, and chi- square non
parametric technique of hypothesis testing.
The analysis was carriedout using statistical Package of Social -
Sciences (SPSS) as a tool. All the hypotheses tested were rejected. The finding
revealed that globalization has impact on the performance of domestic
manufacturing industries in Nigeria and also the development .of domestic
manufacturing industry has effect on prices on goods and services. Finally, the studysubmittedthat globalization
positively affect the performance of domestic manufacturing industries.
Therefore, the domestic manufacturing industries in Nigeria should embrace the
benefit that comes with globalization.
TABLE OF CONTENTS
CHAPTER ONE: INTRODUCTION
1.1 Background of
the study
1.2 Statement of
the problem
1.3 Objective of
the study
1.4 Research
Questions
1.5 Research
Hypotheses
1.6 Significance of
the study
1.7 Scope of the
study
1.8 Definition of
terms
1.9 Historical
Background of the study
CHAPTER TWO: LITERATURE REVIEW
2.1 Introduction
2.2 Conceptual
framework
2.3 The impact of
globalization on the manufacturing sector in Nigeria
2.4 Forces of
globalization
2.5 Challenges for
Nigeria
2.6 Theoretical
framework
2.7 Summary of the
chapter
CHAPTER THREE: METHODOLOGY
3.1 Introduction
3.2 Research design
3.3 Population
ofthe study
3.4 Sample and
sampling technology
3.5 Data collection
method
3.6 Data collection
instrument and its administration
3.7 Validity and reliability of the instrument
3.8 Techniques of
data analysis
3.9 Limitations of
the study
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.1 Introduction
4.2 Data
presentation and analysis according to research question
4.3 Data
presentation and analysis according to research question
4.4 Discussion of
Findings
CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS
5.0 Introduction
5.1 Summary
5.2 Conclusion
5.3 Recommendation
5.4 Suggestion for
further studies
References
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND TO
THE STUDY
Globalization could simply be described as the integration of
national economies through trade investment and financial interaction. The
concept of globalization began to thrive shortly after the end of Second World
War when the allies led by the united State decided to support a world wide
opentrading and investment system. The collapse of the Soviet Union,the fall of
the Berlin wall and anti-climatic end of the cold war aided the emergence of
the ascendancy of the globalization trend. This resulted in the hurried
marketizationand democratization of the former soviet states of Eastern Europe
and selective absorption into mainstream western Alliance system of the
hitherto to communist States. Beyond this however, globalization aided by
supersonic transformation in information technology integrated the world
through pushof free market economy as well as liberal democracy. (Olaleye,
2002).
Globalization has increased the volume of trade by the
developing nations in general and that of Nigeria in particular. The continuous
growth in. imports and exports is seen as evidence that countries are becoming
independent on global markets.
Globalization has also brought about revelation, in
technology. In fact one of the propelling agents is technology. There have been
developments of new and improved method of doing traditional things otherwise
called technological progress. The Banking sector more than any other sector is
the hardest hit (Olajide, 2002).
1.2 STATEMENT OF THE
PROBLEM
There is wide spread of trade around the globe thereby
increasing the level of competition in the manufacturing industry globally. The
domestic manufacturing industry in Nigeria is faced with the problem of
competing with the developed countries who through globalization continue to
improve and advance on daily basis in innovationand in information technology.
The technological environments are moving at supersonic speed, Computers,
Telephones, Televisions and wireless forms of communication now are merging
into telecommunication both to create multimedia products and allow individuals
in the developed world to communicate with others, hereby improving manpower
skills, improving in method of production, efficiency and effectiveness of
business organization. Globalization has helped these developed countries to
achieve quality, quantity, price, durability, manpower skill, and etc. If the
domestic manufacturing industries fails to heed the lessons of globalization it
will be gradually whipped into line by the forces unleashed by globalization.
Therefore, it is upon this premise that a study of this
nature is necessary in order to identify the effect of all afore mentioned
factors on the development of domestic manufacturing industries in order for
them to be able to compete globally.
1.3 OBJECTIVES OF
THE STUDY
The main objective of this study is to examine the effect of
globalization on the development of domestic manufacturingindustry with Dangote
Flour Mills PLC as a focus. This, in order to achieve the above objectives, the
following specific objectives will be our guide.
1. To examine
whether the development of domestic manufacturing industries have effect on
prices of goods and services?
2. To examine
whether increase in the level of competition with globalization have effect on
prices of goods and service?
3. To examine
whether organization output' in, domestic manufacturing industry affect price?
4. To examine
whether quality plays a role in the acceptability of goods and services of
domestic manufacturing companies globally?
1.4 RESEARCH
QUESTIONS
In order to achieve the objectives of this study, the
following are the research questions:
1. Does the
development of domestic manufacturing industries have effect on prices of goods
and services?
2. Does increase
in the level of competition with globalization have effect on prices of goods
and service?
3. To what extent
does organization output in domestic manufacturing industry affect price?
4. To what extent
does quality plays in the acceptability of goods and services of the domestic
manufacturing companies globally?
1.5 RESEARCH HYPOTHESES
To provide, answers to the research-questions the following
hypotheses will be tested.
1. Globalization
has impact on the performance of domestic manufacturing industries in Nigeria.
2. The
development of domestic manufacturing industries has effect on prices of goods
andservices.
1.6 SIGNIFICANCE OF
THE STUDY
A study of this kind is expected to make theoretical and
practical contributions to manufacturing companies in Nigeria. Thus, Nigeria is
the most populous black nation in the world and the effect of globalization on
the country could be generalized for other countries in the sub-Sahara Africa,
so the effect of globalization process on Nigeria has a determinant effect on
other countries in Africa.
Also, it is hoped that this stud' will provide manufacturing
companies an incite on how organizations, can cope in the ever-changing,
turbulent business environment in developing countries and how organization
activities can be organized in order to cope effectively with opportunities and
trend in the business environment.
Also, how to overcome industrial or economic recession
changes in social variables increase competition and technological advancement.
In addition, it is hoped that this study will help the policy makers to see
need to invest more in technology in a nation like Nigeria that encourages
small and medium enterprises scale (SMEs).
This study is also expected to prove to scholars and imminent
researchers, that it is possible to manufacture quality product in a developing
nation like Nigeria with Globalization.
Furthermore, for Business administration student who aspires
to become Managers manufacturing industries, itis expected that this study win
expose them on how products can be advertised and distributed in the global
village without stress and with less cost, thanks to globalization
1.7 SCOPE AND
LIMITATIONS OF THE STUDY
The basic premise on which this study is based is the effect
of globalization on the development of domestic manufacturing industries in
Nigeria with DangoteFlour Mills Plc as a case study. The study covers
representative numbers of the generality of the workers in the organization. No
special consolidation is given to sex, age and Nationality in collecting data
from the respondents.
The first set-back encountered in the course of carrying out
this research is the time limitation. The Nigeria academic environment has been
largely infected by irregularities and uncertainties and as such abnormal
academic calendar.
Another key limitation was that of finance. Since I do not
have a computer system. of my own I haveto pay to get the research work typed
out. Furthermore the fear of insincere response on the part of the respondents
even when a questionnaire is administered on them.
1.8 DEFINITION OF
BASIC TERMS
Globalization: Globalization could simply be described as the
integration of national economies through trade investment and financial
interaction
Manufacturing Industries: A manufacturingindustry is an
industry where goods are produced and they prepare what is known as
manufacturing account. A manufacturing account is basically a list of cost
relating to the production of goods (i.e. factory relation expenses).
Development: Is a process of improving the economy of a
country by increasing the amount ofbusiness activities.
Technology Development: It is a process of using advanced
scientific mechanism in an industry to improve it productivity.
Manpower: All the people who are available to do a particular
job or to work in a particular place.
Management: Is the art and science of getting done through
other people using both human and non-human resources.
Performance: The degree of efficiency and effectiveness with
which organizational objectives are achieved. Thus efficiency and effectiveness
are the determinants of performance in the study.
Strategy: The unified comprehensive plan that the enterprise
develops to achieve its objective.
Enterprises: This is any commercial undertake that is either
publicly owned orcontrolled. The word is
used interchangeably with organization in this study.
Company: Is an association of a number of person carrying on
business for the purpose of a monetary gain, although there are other companies
that are deliberately non-profit making.
Business Environment: This is the sum total of the physical
and potentially relevant to the organization goals setting and goal attainment
which are taken directly into consideration by members of the organization when
making business decision and plans.
1.9 HISTORICAL
BACKGROUND OF THE CASE STUDY:
Dangote Flour Mills Plc commenced operations in 1999, as a
division of Dangote industries limited. One of Nigeria's largest and fastest
growing conglomerates. Following the strategic decision of DIL unbundled its
various operation, Dangote flour Mills Plc was incorporated in January, 2006.
The restructuring was completed in January, 2006 when the federal High court
sanctioned a scheme of arrangement where in all the assets, liabilities and
undertakings of the erstwhile Flour division of OIL were transferred to Dangote
Flour Mills Plc. From an initial installed capacity of 500 MT per day at its
Apapa mill, Dangote flour has expanded rapidly by opening in quick successions,
Three other flour mills in Kano (2000), Calabar (2001) and installed capacity
of 5000 MT per day but three of them were subsequently expanded resulting in a
total installed capacity 5000MT per day distributed as follows:
Apapa - 1000 MT per day
Kano
- 1500 MT per day
Calabar - 1000 Mt per day
Ilorin
- 500 MT per day
These expansions were in response to a growing national
demand for the flour and flour based products in addition to the company's
drive for increased market share. Thus from a modest beginning, the company has
grown to become one of the industry leaders within a six year period.
The company has 2 wholly owned subsidiaries, namely
i. Dangote Agro
sacks limited
ii. Dangote paste
Limited
In line with DIL's business philosophy of establishing a
document presence in any sector it operate in these subsidiaries occupy
leadership position in their respective industries.
BUSINESS:
The company is in the business of flour milling, processing
and marketing of branded flour its product portfolio comprises of the
following:
i. Bread flour
ii. Pasta
semolina and
iii. Wheat offal's
(bran's)
FLOUR MILLING TECHNOLOGY AND PROCESS
Technology
In order to transform wheat into high quality flour the
deployment of state of art plant and equipment as well as technical expertise
is critical DFM's mills across the country equipped with the latest flour
milling technology available in the world. All mills were purchased installed
and commissioned by world renewed milling equipment supplies. The butter Group
of Switzerland (Buhler)
DANGOTE FLOUR·MILLS GROUP OVERVIEW
Despite the fierce competition, DFMremains a significant
player in the flour milling and associated products industry.
Dangote Flour Mills Plc was incorporated in, 2003 with its
registered office at 8 Rycroft Road, off Liverpool Road, Apapa, Lagos.
Dangote flour mills PLC entered into management and technical
services agreement dated 2nd January, 2006 with Dil. The Agreement is for an
initial period of 5 years subject to termination by either party in accordance
with the terms of the agreement.
HOW TO GET
THE FULL PROJECT WORK
PLEASE,
print the following instructions and information if you will like to order/buy
our complete written material(s).
HOW TO
RECEIVE PROJECT MATERIAL(S)
After
paying the appropriate amount (#5000) into our bank Account below, send the
following information to
08068231953
or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK
ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO
IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are
good online businesses in Nigeria.
But on
this site, we have provided “table of content and chapter one” of all our
project topics and materials in order to convince you that we have the complete
materials.
Secondly, we have provided our Bank Account on this site. Our
Bank Account contains all information about the owner of this website. For your
own security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment,
because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website
WORD-TO-WORD. These materials are to assist, direct you during your
project. Study the materials carefully and use the information in them to
develop your own new copy. Copying these materials word-to-word is CHEATING/
ILLEGAL because it affects Educational standard, and we will not be held
responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy
word-to-word.
FOR MORE
INFORMATION, CALL:
08068231953
or 08168759420
AFFILIATE
LINKS:
Comments
Post a Comment