ABSTRACT
This study examined the impact of cash management in the manufacturing industry using Champion Breweries plc as a case study. To achieve the research objectives, the study adopted the survey research design while the convenience sampling technique was used to select fifty (50) respondents as sample size for the study. The instrument of the study was a self-developed questionnaire and the forms were personally administered. Data collected were analyzed with the use of descriptive statistics involving the use of tables and percentages. The findings of the study revealed that the impact of cash management in the manufacturing industry include improving forecast of cash flows, synchronizing cash inflows and outflows, accelerating cash inflows and controlling cash outflows, getting available funds to where they are needed and controlling disbursement. While rapid expansion, consistent operational loss, seasonal business and technological problems are some of the problems associated with cash management in the manufacturing industry. The study also revealed that pilferage, attack by bandits, wasteful spending and loss of value are the risks associated with holding cash in an organization. Based on the findings, it was recommended that companies should formulate cash policies which must be followed to ascertain effective cash management, companies should not use up all cash Available for business in any given period of time in case of unexpected challenges that may arise during the operation period such as technological and expansion of the company, physical cash in office should be insured or put in safe place to reduce the risk associated with holding cash, companies should develop appreciate strategies for cash management for the survival and growth of the company, financial managers should ensure cash inflows and outflows are moving at the same time and cash management should be utmost priority in the company to enhance liquidity, sustainability and overall efficiency of the company.   Â
TABLE OF CONTENT
PAGES
Title Page – – – – – – – – – i
Approval Page- – – – – – – – – ii
Certification- – – – – – – – – iii
Dedication – – – – – – – – – iv
Acknowledgements – – – – – – – – v-vi
Abstract – – – – – – – – – – vii
List of Tables- – – – – – – – – viii
Table of Contents- – – – – – – – ix
CHAPTER ONE
INTRODUCTION
- Background of the Study – – – – – – 1–2
- Statement of the Problem- – – – – – 2-3
- Objectives of the Study- – – – – – 3
- Research Questions- – – – – – – 3-4
- Significance of the Study- – – – – – 4-5
- Scope of the Study – – – – – – – 4
- Limitations of the Study- – – – – – 4
- Organizations of the Study- – – – – – 5-7
- Definition of Terms- – – – – – – 7
PAGES
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1 Meaning of cash Management – – – – – 8-11
2.2 Impact of Cash Management in the
Manufacturing Industry- – – – – – 11-14
2.3 Problems Associated with Cash Management
in the Manufacturing Industry- – – – – 14-16
2.4 Reason for Holding Cash in a Organization – – – 16-18
2.5 Importance of Cash Management in the
Manufacturing Industry- – – – – – 18
2.6 Risks Associated with Holding Cash in an Organization 18-19
2.7 Strategies for Developing Appropriate Cash
Management in the Manufacturing Industry – – 19-21
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 Research Design – – – – – – 22
3.2 Population of the Study – – – – – 23
3.3 Sample and Sampling Technique – – – – 23
3.4 Instrumentation – – – – – – 24
3.5 Method of Data Analysis – – – – – – 24
3.6 Problems of Data Collection – – – – – 24-25
PAGES
CHAPTER FOUR
DATA PRESENTATION, ANALYSIS AND INTERPRETATION
- Analysis of Research Questions – – – – 26
- Research Question One – – – – – 26-28
- Research Question Two – – – – – 28-30
- Research Question Three – – – – – 30-31
- Research Question Four – – – – – 31-33
- Discussion of Findings – – – – – – 33-34
CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.1 Summary of Findings – – – – – – 35-36
5.2 Conclusion – – – – – – – – 36-37
5.3 Recommendations – – – – – 37-38
References
Appendixes
