WORKING CAPITAL MANAGEMENT, A VERITABLE TOOL FOR MANAGEMENT IN A MANUFACTURING COMPANY IN DANGOTE CEMENT COMPANY AREA OF BENUE STATE.

1.2STATEMENT OF PROBLEMS

iInadequate working capital in the organization

iiFailure to review the effectiveness of the existing system control

iiiInability to maintain an appropriate level of working capital in Dangote Plc

ivInability of generate working capital for the company

vInability to educate managers on the importance of working capital

1.3RESEARCH OBJECTIVES

iTo find out whether there inadequate working capital in the organization

iiTo determine whether failure to review the effectiveness of the existing system control

iiiTo know whether there is inability to maintain an appropriate level of working capital in Dangote plc

ivTo find out whether company is not able to generate working capital for the enterprise.

vTo determine whether there is inability to educate managers ion the importance of working capital

1.4RESEARCH QUESTION

iDoes the organization has inadequate working capital

iiIs failure to review the effectiveness of the existing system control responsible foe low level of working capital

iiiDoes the company maintain an appropriate level of working capital

ivDoes the company generate working capital for the smooth running of the enterprise

vDoes the company educate managers on the importance of working capital

1.5SIGNIFICANCE OF THE STUDY

The study is very relevant and timely to industries and other organization in the country. In view of the fact that every economy is unsteady and there are foreign exchanges frequent stock out which leads to unprecedented closure of many business organizations, retrenchment of staff and other companies merges, bids, merge or amalgamation of companies, Assets valued at such unrealistic cost, demand for higher dividend, pay out rate by share holder etc. This study will provide useful tools and techniques to working capital management both in public and private sectors. Conclusion drawn can applied successfully to all generally.