An Appraisal Of Budgeting As A Tool For Effective Control In Public Sector. A Case Study Of Power Holding Company Of Nigeria

CHAPTER ONE: Introduction 1.0     INTRODUCTION Increasing competition is continually pushing businesses towards more efficient processes, and slimmer margins. Highly capitalized industries have to ensure that their resources are used most effectively. Yet at the same time, businesses must adjust to rapidly changing customer requirements and supply chain conditions. The key to achieving operational excellence,  therefore, is in the effective and flexible management of resources, and this means optimizing and scheduling people, processes, vehicles, equipment, and materials so that utilization i…