Division Of Labour And Specialization, A Tool Of Industrial Growth And Development. ( A Case Study Of Vitafoam Industry, Enugu
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Division Of Labour And Specialization, A Tool Of Industrial Growth And Development. ( A Case Study Of Vitafoam Industry, Enugu
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ABSTRACT: The research study conducted on this topic “Division of labour and specialization, a tool of industrial growth and development” was extensively done to include all the works and of it that could be sued to achieve industrial growth and development in any industry. Indeed, for a firm, government establishment to grow, there is need to master the use and application of division of labour and specialization since no man is an Island, there exist division off labour in our homes, offices, firm every schools and other institution of higher learning. Despite few disadvantages attributable to this principle, the advantages however, outweighed its demerit for example, increase production scale, economy in the use of machine saving of time, etc are the economic benefit obtained in the application of the principle.Though the research work reveals that poor application of the theory may not yield fruitful result. Such as lack of motivation to employees, irregular promotion, law salaries etc may hamper the process thereby resulting in inefficiency. Therefore, this work has been properly administered to provide an enlisting solution to the area of problems and suggest critical ideals that would guild any management to achieve his industrial goal.

 

PROPOSAL: The research topic that will be conducted on this topic “Division of labour and specialization; a tool of industrial development and growth tends to point out all the nooks and carry that can be used to achieve industrial growth in any industry. The research also tends to point out the advantages and disadvantages involved and the poor application that will not yield fruitful result. The research study also points out the solution to the area of problem and suggest critical ideas that would guild any management to achieve his industrial goal.

 

TABLE OF CONTENT

CHAPTER ONE

1.0     Introduction                                                                            1

  1. Statement of study                                                                  3
  2. Objectives of the study                                                  5
  3. Significance of the study                                                         6
  4. Formulation of hypothesis                                            6
  5. Scope and limitation of the study                                  9
  6. Definition of terms                                                                  9

CHAPTER TWO

2.0     Review of related literature                                            13

  1. Meaning of division of labour                                        15
  2. General division of work in vitafoam industry              22
  3. Specialization in vitafoam                                             26
  4. Growth and development in vitafoam industry             28
  5. The company corporate policy statement                      30
  6. Company profile                                                           31
  7. Report of directors                                                                  36
  8. Report of the auditors                                                   49
  9. Five year financial statement/summary                         51
  10. Cash flow statement                                                      53
  11. Statement of value added                                                        55
  12. Accounting policies                                                       56
  13. Unclaimed dividend warrants and share certificate                 59

CHAPTER THREE

  1.     Research design and methodology                                      63
    1. Validity and reliability of the measuring instruments.   69

CHAPTER FOUR

  1. Presentation, analysis and interpretation of data           71
  2. Testing of hypothesis                                                    83

CHAPTER FIVE

  1. Summary of findings, conclusion and recommendation
  2. Summary of findings                                                     84
  3. Recommendation.                                                          86

 

CHAPTER ONE

1.0     INTRODUCTION:

          To enhance the better understanding of the project topic – “ Division of labour and specialization a tool of industrial development and growth”, it is proper to start its origin and consequently the modern approach.

          Division of labour has been with us for a time now.  It started in a primitive form with the creation  of human being by God, God created man and women and made their  function known to them.  While the man was  made to get the daily bread for the family, the woman was also changed with child bearing.

          Division of labour can also be formed among insects and ants.  In ants the soldiers  are meant to secure the ants, the workers are meant to look around for  food while the Queen and the  king  are charged for child bearing.  All this are form of division of labour.

          Similarly, specialization has taken place in this primitive Form of division of labour.

          From the study of history, it is known that in the most primitive community everybody tried to be self sufficient.  Each person provided whatever he needed.  But as the population grew, life became a little more difficult.  Nature  was namable for provide for every thing and individual  wanted in a particular geographical region.  It then became necessary for  each individual to engage in a particular activity  in which he can undertake with much case.  Since he could not provide or be in access of everything he needed, it became necessary for him to produce more of what he could, so as to exchange the extra quantity for what he needed but which he was unable to produce.  This is form of division of labour and specialization in the rural community.

          In modern world, the origin of division of labour dates back to the period of the industrial revolution.  With the change in the production methods, operations in industries were split up to different aspects and people started to specialize in different aspect of the production processes.  With this specialization, the product of a simple commodity necessitated the co-operation of many individuals who specialize in different aspects of production process.

          This productions brought about increase in output.  Adam smith identified this as early as 1776 in the book, which he published at that time which be called “Enginery into the wealth of nation”.  By his visits to put making industry he discovered that as a result of division of labour, the output of the industry increased by more than 200%.

          Finally, the modern approach of division of labour is about the effectiveness of employers of labour to harness all available economic resources at their disposal to the attainment of qualitative and grantitation provision of goods and services.   

1.1     STAEMENT OF STUDY

          Perhaps, over the year, the most prominent reason for industries undergoing poor industrial development is due to inadequate attention given to division of labour and specialization.  This country is blessed with natural resources both human and material. Yet we remain underdeveloped.  Now it is time to ask, division of labour and specialization can’t we practice them in our various  home, industries , communities etc.  why can’t our industries change its industrial status through this technique? My own opinion is  stated below.

          Since the concept of division of labour dates  back to 1776 when Adam smith had a visit to a pin-making industry, there  was an  increase in their production by over 200%. Similarly, vita foam industry a firm that practice division of labour and specializes in foam making in Nigeria,  in the year  2003, its annual turnover was N3,887 million.  This is because the management segregates

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