EFFECTIVE EFFICIENT INVENTORY MANAGEMENT ON PERFORMANCE OF MANUFACTURING FIRM
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Business is being set up for the purpose of making profit and satisfies consumer’s needs. The only means of meeting this need is through reduction on cost and increasing productivity. Therefore, on stressing on organizational productivity and profitability.
Agbinifoh B.A Etal (1999) define motivation as a driving force within an individual produced by a state of tension that exists, as the result of an unfulfilled need.
Nwachukwu (1998) “defined motivation as energizing force that induces or competes and maintain behavior” human behavior in motivating goal directed.
He said motivation of workers is not easy, this is to say that the success of any motivation effort depends in the extend to when the motivator meets the needs of the individual employee for whom it is intends. Therefore, motivation is an internal psychological process whose presence or absence is inferred from observed performances. However, motivated behavior has three basic characteristics according to Nwachukwu:
i It result from a felt need: An huge directed tow3ards a need.
ii It is goal directed: It maintained for a long time until satisfied.
iii It is sustained: It is maintained for a long time until satisfied.
P.O Tolokwu (2000) motivation is defined as pre – patent state that energies and guards behavior, also in the same hook, 2 kvwed and blood (1974) reviewed motivation as a predisposition to act in a specific goal directed way.
It can be also viewed in another way as “emotion or desire operating on a person with the will and causing that person to set on the other hand, back of inadequate yet more especially from what one could understand so far as motivation is concerned is what management should not neglect if they want to attain high quality and quality of productivity from workers.” Therefore, management is called and makes necessary changes towards the sanctification of workers through motivation.
According to Barron (1995) motivation can be referred to as inferred internal process that activities, guide and maintained behavior overtime.
Generally speaking when employees enjoy their job, find it challenging and like the job environment, they will put forth their best to perform better. It is also worth nothing that there are some demonstrating factor affecting the public sector in general secretariat in particular, such is lack of modern equipment, lack of basic infrastructure facilities, comparatively low wages, poor working condition promotion and inconsistency in electricity supply.
In nutshell, the basic for the study is to explore the dedicate and challenging relationship between motivation and effect of employee productivity and profitability.
1.2 STATEMENT OF THE PROBLEM
It is basically true that public organization is faced with different problem directly and indirectly which affect productivity.
In most organization, there are frequent industrial unrest, worker going on rampaging about them causing the time and lack of production. The project intended to address the concept of motivation in attempt in finding solution to the problem of employee low moral in organization.
1.3 THE FOLLOWING ARE SOME OF THE OBJECTIVES OF THIS STUDY.
i To examine the effect of motivation and productivity.
ii To examine the effect of motivation on profitability.
1.4 RESEARCH QUESTIONS.
i. Does motivation affects the productivity?
ii. To what extent does motivation affect profitability
1.5 SCOPE / DELIMITATION OF THE STUDY
The scope of the study is to look at different types of employee’s motivation in Delta State focusing on Isoko North Local Government secretariat to identify what and how management can motivate their employees for enhancing productivity and profitability.
1.6 OPERATIONAL DEFINITION OF TERMS
1 Motivation: It is driving force responsible for the initiation, direction and vigor of a general directed behavior.
2 Incentives: These are benefits which workers receives in order to encourage them to work harder to make working better e.g. loan, study, leave with pay and promotion.
3 DOB World: It is the physical and mental activities that are earned out at a particular place, time and according to instruction in turn for pay.
4 Wired: It is an internal state of deficiency which has the capacity to organize trigger a behavioral responses.
5 Employees Productivity: It is the act of carrying out a job by employee which entails the fulfillment of duty.
6 Organization: This group as a club or business that has formed for a particular purpose.
1.7 SIGNIFICANCE OF THE STUDY
The following group of persons and stakeholders but that will benefit from the research work when it is completed, they include;
1 The government and owners of the industry
2 Managers
3 Organization
4 Student
5 Researcher
