Solving The Problem Of Perennial Cash Scarcity (Among Workers) Through The Membership Of Ctls
(A Case Study Of Imt Mpcs Ltd)
Addressing the persistent challenge of perennial cash scarcity among workers necessitates a comprehensive approach, and the membership of Continuous Learning Societies (CTLs) emerges as a potent strategy. In a landscape where financial stability is often precarious, these societies play a crucial role in empowering individuals to enhance their skills, fostering a dynamic professional environment. By engaging in ongoing learning initiatives, workers can augment their expertise, opening avenues for career progression and potentially increasing their earning potential. CTLs provide a collaborative platform where participants, driven by a shared commitment to continuous improvement, exchange insights and knowledge. This collective learning not only equips individuals with multifarious skills but also fortifies their financial resilience. Through active involvement in CTLs, workers gain access to a network of opportunities, enabling them to navigate the ever-evolving demands of the professional landscape and mitigate the recurring challenge of cash scarcity.
This research is aimed at solving the problem of perennial cash scarcity among workers through the membership of CTLS in IMT, Enugu.
In order to achieve the stated objectives, three hypothesis were formulated administrated to different persons, structure and unstructured questionnaire were distributed to collect data.
Statistical formula was used to determine the sample size of the population studied. Simple percentages and chi-square techniques were employed in analyzing the data and testing of hypothesis formulated.
Title Page
Approval Page
Dedication
Acknowledgement
Abstract
Table Of Content
Chapter One
1.0 Introduction
1.1 Background Of The Study
1.2 Hypothesis
1.3 Significance Of The Study
1.4 Scope Of The Study
1.5 Limitation Of The Study
Chapter Two
2.0 Literature Review
2.1 Importance Of Accounts In Co-Operative Through The Membership Of Ctls
2.2 Co-Operative Accounts
2.3 The Problem Of Accounts In Enugu Co-Operative Ctls
2.4 Solving The Problem Of Perennial Cash Scarcity (Among Workers) Through The Membership Of Ctls
Chapter Three
3.0 Research Methodology
3.1 Sample Size Determination
3.2 Validation Of Research Instrument
3.3 Method Of Data Organization Analysis
Chapter Four
4.0 Presentation And Analysis Of Data
Chapter Five
5.0 Discussion Or Findings
5.1 Recommendation
5.2 Summary Of Findings
5.3 Conclusion
Bibliography
INTRODUCTION:
Co-operation is as old as human society. From time immemorial, man had relied on the existence of his fellows for existence and examples of working together. Modern co-operative is however associated with the successful experiment of 28 weavers from Rochdale, England who in 1844 established the first successful co-operative consumers society. Their success became widely acclaimed and their working principles were accepted as the basic principles of co-operative organization.
Earlier attempts to form co-operative failed because members were illiterate, dishonest and accounts were not kept. Following the Rochdale principles, enabled the co-operative movement to avoid most of the evils of the era of industrial expansion.
Again, because the majority of the composition of membership had been people of low income, their contributions in the form of shares and thrift savings, special saving and other sources of income had been very low. The view of this coupled with the de-emphasis of capital in the society i.e. the instituted low return on capital, the wealthy men with capital have technically been scared away.
Lastly, the system of accounting usually adopted by these bodies gives no room for proper management. This is because information is hardly extracted from such records kept by them for planning and controlling of their operation. I therefore wish to derive into the functions and functioning of the co-operative movement with particular emphasis on the accounting aspects of its management and then recommend on the practical and attainable application of its principles to ensure the achievements of the goal of the movement.
BACKGROUND OF THE STUDY:
Man had relied on the existence of his fellows for existence and examples of working together. Man made an attempt to form a co-operative but they failed due to because members were illiterate and an account were not kept.
Growth is a gradual process, co-operative also is a gradual process. Co-operatives as a gradual process of growth has succeeded in developed countries but this has not been the case in developing countries.
It appears that this process of co-operative has not been clear to developing countries and this has resulted in their inability to develop like industrialized nations.
The system of accounting usually adopted by the management is because information is hardly extracted from such records kept by planning and controlling of the operation. The majority of the composition of members had been people of low income.
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Content Size: Solving The Problem Of Perennial Cash Scarcity (Among Workers) Through The Membership Of Ctls contains 5 Chapters, 57 Pages and 8,746 Words.