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Information as a Means of the Life Wire of Every Business

Information as a Means of the Life Wire of Every Business

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DEDICATION

This research material, titled “Information as a Means of the Life Wire of Every Business” is dedicated to God for His boundless grace and guidance. It is also a tribute to all computer enthusiasts whose contributions made my research journey smoother and enriched my documentation process, making the experience truly fulfilling.



ACKNOWLEDGEMENT

I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Business Administration and Management (BAM) for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on Information as a Means of the Life Wire of Every Business provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.



TABLE OF CONTENTS

PRELIMINARY PAGES

CHAPTER ONE

INTRODUCTION

    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • ⋮
    • 2.4 Empirical Studies
    • 2.5 Research Gaps
    • 2.6 Summary of Literature Review

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”


    ABSTRACT

    This research project is of great pertinence to business organisations in Nigeria.

    This study was motivated as a result of the impression that information serves as the life wire of every business organization with emphasis on Roban Stores Enugu.

    To solve the problem, both primary and secondary data were collected. The research instruments used in collecting the data were questionnaires and oral interviews. The respondents comprised of the personnel’s of which most of them were the staff.

    In organizing and presenting data collected, frequencies and percentages were used. The data analysis and interpretations gave the following findings:

    1. Majority agreed that information enhances smooth operation of business activities.
    2. Majority has not undergone training since employment.

    Information as a Means of the Life Wire of Every Business

    CHAPTER ONE

    Introduction

    Business organisation needs information to achieve its objectives. Effective and efficient planning and control of an organization requires good and reliable information system, also congeal decision making in business requires an understanding of circumstances surrounding a business. Basically, nothing is done in business without information. So with this, information is said to be the life wire of business. What information the failure of a business is discouraged? In this age of comparative and continuous increase in business problem. Such as competition, organizations have come to realize the importance of information. Steps have been taken to improve the methods and systems of gathering and developing in formations to suit business and other organisational activities.

    It is with the above views that most organizations had adopted systems like Management information system, marketing information systems to maintain important information over a long period of time.

    1.1 General Background Of The Study

    Adequate and reliable information is the life wire of every business. In developing nation the problems of business and other organisations is inadequate information. Many organisations do not consider the importance of information to their activities while some devices methods to suit their needs especially manufacturing organisations reports by their sales representatives concerning market situations which in most cases is not adequate for the organization concern.

    A more critical look should be developed as regards obtaining and using information in business. More capital should be invested in business so as to ensure proper marketing research, product quality research etc which provides valuable information for the panning of the business to maximize profit.

    The background of this study shows that not much has been done in the development of information in business.

    1.2 Statement Of The Problem

    Business organisations are increasing recognizing the importance of information. This is because the business environments is changing fast and becoming highly competitive. Buyers are becoming more sophisticated and discriminating.

    The challenge of business organization is not only to satisfy customer’s needs and wants but also to satisfy them more than competitors.

    …

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …

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    Defense Procedure for Business Administration and Management Researchers

    In preparation for defending a project or seminar on Information as a Means of the Life Wire of Every Business, it is imperative that as a nursing student, you demonstrate comprehensive knowledge of your research. The defense process is structured to include presenting your work, answering questions, and illustrating its pertinence. Initially, provide a succinct yet thorough introduction to your research topic, emphasizing its importance and the objectives, ensuring that both the audience and the External Examiner can understand the scope of your study.

    Prior to your defense, be thoroughly acquainted with your research abstract and the critical elements of Chapter One, including motivation for embarking on this research, problem statement, objectives, and significance. In Chapter Two, be ready to cite at least two references from the literature review. For Chapter Three, you should be equipped to discuss the methodologies, tools, and techniques utilized. In Chapter Four, defend your research by justifying the findings and linking them to your research objectives.

    Conclude your defense by succinctly summarizing the study and offering insightful, evidence-based recommendations. A professional dress code, such as wearing a suit and tie, is vital to create a favorable impression and elevate your presentation.

    During the question and answer segment, the External Examiner may pose questions pertaining to your research. If confronted with a challenging or irrelevant question, respond diplomatically with, “Sorry, Sir/Madam, the question asked is beyond the scope of my study.” Whenever possible, direct your answers back to your research findings to reinforce your expertise.

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