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AN ASSESSMENT OF
MANAGEMENT INFORMATION SYSTEM IN ACHIEVING CORPORATE FINANCIAL GOAL
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND
OF THE STUDY
The complexity and diversity of most modern day business and
companies account for their varied and often technical and administratively
complex activities while the structure of most modern organization reflect on
management charge with different responsibility with a view to ensuring the
attainment of the enterprise corporate objective.
George (2004) defines management information system as a
system or related group of system which collects and present management
information relating to a business in other to facilitate it control. It
applies to a system which makes use as a data based facility for the storage
and retrieval of information. A management information system embraces data
processing system, and decision making based on the fact that is communicate by
the control system. A highly organized data processing system, is essential for
connecting, recording and converting data into machine sensible form (in some
instance prior) to process the data. These systems often produce information of
management as by product of processing data rather than as a primary product in
its own right.
The first power station in Nigeria was built in Lagos in 1989
at the present site of the NEPA headquarters. For the power appreciation of
history of the organization called PHCN we need to mention ECN and NDA as the
early power distribution and generation agencies (electricity corporation of
Nigeria) and (Nigeria Dam Authority) respectively in September, 1969 the
Federal military government decided to manage ECN and NDA into a single body to
avoid duplication of resources in the two organization. A year later, many
zonal or district office. The zones are mandated to supervise and effects the
distribution of electricity to customers and also to effect mattering, cash
collection and implementation of all policies of the head quarters, it is the
headquarters of Kaduna zone of the national electric power authority now know
as PHCN, the region of the transmission is also having the sub-station for
supplying Kaduna, Minna, Zaria, further Sokoto and Kano. The zone also lost
outside Kaduna, the Zaria district and Minna district, its also host Shiroro
Hydro power station, in Minna. However, the PHCN zonal office Kaduna, operates
under the electricity power sector reform bill which was sign back into law on
the 11th of March, 2005 by president Olusegun Obasanjo. This bill seeks to
provide a formation of companies to take over the in function, assets
liabilities and staff of the national electricity power authority (NEPA).
Develop competitive electricity markets, establish the Nigeria electricity
regulating commission, provide for the licensing and regulation of the
generation transmission, distribution and supply of electricity, enforce such
mates as performance standard, consumers’ right and obligations provide for the
determinations of tariffs and to provide for mater concerned with or incidental
to the foregoing.
1.2
STATEMENT OF THE PROBLEM
One of the problems facing the role of management information
system in achieving its corporate objectives is that, management information
has not received high priority at his best. It usually represents loose
amalgamation of data and report without any overall consistent pattern.
Enviably such information is generated only to fulfill basic
account and possible legal requirement and thus dose to support management
decision making activities. Inability of workers to use and handle computer
effectively, difficulty of workers to implement new initiatives, lack of maintenance
culture and outdated system, inadequate induction for training, lack of
communication and proper communication
tools.
1.3
OBJECTIVE OF THE STUDY
The primary objective of the study is to look at the role of
management information system in achieving corporate financial goal in Power
Holding Company of Nigeria (PHCN) Kaduna business office. Other specific
objectives includes:-
- To evaluate the
effect of management information system in achieving corporate financial goal
in (PHCN)
- To study the
problems affecting management information system in Power Holding Company of
Nigeria (PHCN) Kaduna Business office.
- To find out how
efficiently and effectively management information system is in power holding
company of Nigeria (PHCN) Kaduna
1.4
SIGNIFICANT OF THE STUDY
This study shall be benefit to the management and employee of
power holding company of Nigeria, Kaduna business office on management
information system in achieving it corporate objectives, in the organisation.
It shall also be beneficial to others students, academicians that may wish to
undergo further research on this or similar topic on how to safeguard vital
information, to support better management decision making, improving efficiency
and productivity, less operating cost, management information system is what
people need to resource on because of its benefit.
1.5 RESEARCH
QUESTION
The primary research questions are to examine the effect of
management information system in achieving its corporate objectives in power
holding company of Nigeria Kaduna business office.
- What are the
effects of management information system in achieving its corporate financial
goal in power holding company Kaduna?
- What are the
problems affecting management information system in power holding company of
Nigeria Kaduna business office?
- How efficient
and effective is management information system in achieving its corporate
financial goal in power holding company Kaduna business office?
1.6 SCOPE OF
THE STUDY
The scope of the study is based on the role of management
information system, its focus on computer based while management decision
making is discussed it relates to obtain information for making corporate
decision. The researcher limit the study to (PHCN) Kaduna the study covers a
time from 2008 to 2012.
1.7
LIMITATIONS OF THE STUDY
Time constraint: Lack of time has been an obstacle to the
easy completion of this research work. Inability to get better literature from
the school library is also another constrain of this research work. Some vital
material needed for the research work and not available. However, various
sources will be used to make sure that all necessary materials are obtained.
Financial constraints: This is also a limitation to the
actualization of the research work. This is due to the current economic trend.
However, money will be sourced to carry out the study.
1.8
DEFINITION OF TERMS
The terms defined in this section are major terms used or
that came into focus in this work the list is not exhaustive other main terms
will be define as they occur in other chapters.
Management: getting thing done by people
System: Activities of working together towards achievement
objectives
Management information system: Related group of system which
embraces data processing and decision making base on the fact
Output: These are devices that allow the computing system to
output result of processing.
Data base: An organized set of information that is stored in
a computer system
Input: material with raw fact that go into system for
processing for a meaningful information
Report: Information that is generated from a system.
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