EFFECTS OF GLOBALIZATION ON THE DEVELOPMENT OF DOMESTIC MANUFACTURING INDUSTRIES IN NIGERIA (A STUDY OF DANGOTE FLOUR MILL PLC)


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 using Dangote Flour Mill Plc as case study; It adopted 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 carried out 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 study submitted that 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 of the 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 open trading 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 marketization and 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 push of 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 innovation and 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.(project topics   final year project topics )

1.3    OBJECTIVES OF THE STUDY

The main objective of this study is to examine the effect of globalization on the development of domestic manufacturing industry 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 and services.

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, it is 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 Dangote Flour 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 have to 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 manufacturing industry 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 of business 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 or controlled.  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 5000 MT 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

.

EFFECTS OF GLOBALIZATION ON THE DEVELOPMENT OF DOMESTIC MANUFACTURING INDUSTRIES IN NIGERIA (A STUDY OF DANGOTE FLOUR MILL PLC)



TYPE IN YOUR TOPIC AND CLICK SEARCH.






RESEARCHWAP.NET
Researchwap.net is an online repository for free project topics and research materials, articles and custom writing of research works. We’re an online resource centre that provides a vast database for students to access numerous research project topics and materials. Researchwap.net guides and assist Postgraduate, Undergraduate and Final Year Students with well researched and quality project topics, topic ideas, research guides and project materials. We’re reliable and trustworthy, and we really understand what is called “time factor”, that is why we’ve simplified the process so that students can get their research projects ready on time. Our platform provides more educational services, such as hiring a writer, research analysis, and software for computer science research and we also seriously adhere to a timely delivery.

TESTIMONIES FROM OUR CLIENTS


Please feel free to carefully review some written and captured responses from our satisfied clients.

  • "Exceptionally outstanding. Highly recommend for all who wish to have effective and excellent project defence. Easily Accessable, Affordable, Effective and effective."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I saw this website on facebook page and I did not even bother since I was in a hurry to complete my project. But I am totally amazed that when I visited the website and saw the topic I was looking for and I decided to give a try and now I have received it within an hour after ordering the material. Am grateful guys!"

    Hilary Yusuf, United States International University Africa, Nairobi, Kenya.
  • "Researchwap.net is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again, thank you very much "researchwap.net" and God bless you and your business! ."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "Great User Experience, Nice flows and Superb functionalities.The app is indeed a great tech innovation for greasing the wheels of final year, research and other pedagogical related project works. A trial would definitely convince you."

    Lamilare Valentine, Kwame Nkrumah University, Kumasi, Ghana.
  • "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."

    Sampson, University of Nigeria, Nsukka.
  • "researchwap.com is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."

    Cynthia, Akwa Ibom State University .
  • "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."

    Elizabeth, Obafemi Awolowo University
  • "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."

    Ali Olanrewaju, Lagos State University.
  • "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"

    Willie Ekereobong, University of Port Harcourt.
  • "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 3k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"

    Theressa, Igbinedion University.
  • "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much researchwap.com, infact, I owe my graduating well today to you guys...."

    Joseph, Abia state Polytechnic.
  • "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about researchwap.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"

    Christiana, Landmark University .
  • "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."

    Musa, Federal University of Technology Minna
  • "I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."

    Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.
  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.

    Thank you for choosing researchwap.com.