BREAK-EVEN THEORY AND ACCOUNTING AS A MANAGEMENT DECISION A TOOL (A CASE STUDY OF NIGERIAN HOECHST PLC)

BREAK-EVEN THEORY AND ACCOUNTING AS A MANAGEMENT DECISION A TOOL (A CASE STUDY OF NIGERIAN HOECHST PLC)

PROPOSAL:   This study is designed to analyze the Break-even theory and accounting as a decision tool in manufacturing company.  The researcher  will discuss the purpose and the importance of the techniques that are in operations and practiced by the company.  It introduced the planning tool called the Break-Even chart that will make a major impact to assist management in profit planning, decision making and forecasting.  It will also emphasizes on model of development relating to Break-Even analysis. Data for this research work will be obtained through administering questionnaire through oral interview to the senior staffs of some manufacturing companies, after which critical analysis follows. Regrettably however, the quest for information will be hindered by time and money factors.  Lectures will be going on in the class, resources are scarce to travel wide and collect more information which would enable the researcher to write extensively on the topic. In conclusion therefore, the researcher will suggest that Break-even techniques when applied, will help a business in profit planning, decision making and forecasting.

TABLE OF CONTENTS

CHAPTER ONE

INTRODUCTION

1.1     Background of study                                            1

1. Historical backgrounds of Nigerian

Hoechst plc                                                          2

1.3     Statement of problems                               4

1.4     Objective of study                                                5

1.5     Significance of study                                            5

1.6     Hypothesis and research questions            6

1.7     Scope and limitation of study                     7

1.8     Definition of terms                                               8

CHAPTER TWO

REVIEW OF LITERATURE

2.1     Literature review                                        10

2.2     Theoretical framework of studies               18

2.3     Model development                                              24

2.4     Tools of management accounting               48

2.5     Classification of decision                                     49

CHAPTER THREE

RESEARCH DESIGN AND METHODOLOGY

3.1     Introduction

3.2     Research approach                                               51

3.3     Sampling design and population size                   52

3.4     Source of data                                                      53

3.5     Interview questions                                              54

3.6     Method of data analysis                             54

CHAPTER-PRESENTATION, ANALYSIS AND INTERPRETATION OF DATA

4.1     Analysis of data and interpretation  58

4.2     Hypothesis testing and proofing                63

CHAPTER FIVE 

SUMMARY OF FINDING, CONCLUSION AND RECOMMENDATION

5.1     Summary of findings                                            68

1. Conclusion
2. Recommendation

Bibliography

Appendix i

Appendix ii

CHAPTER ONE

INTRODUCTION

BACKGROUND OF STUDY

The success of a business is generally attributable in great measure of the ability of its management personal to cope with probable conditions of the future.  Short  range as well as long-term plans must be made accomplished through sound management evaluation.

BREAK-EVEN THEORY AND ACCOUNTING AS A MANAGEMENT DECISION A TOOL (A CASE STUDY OF NIGERIAN HOECHST PLC)