DIVISION OF LABOUR AND SPECIALIZATION, A TOOL OF INDUSTRIAL GROWTH AND DEVELOPMENT. ( A CASE STUDY OF VITAFOAM INDUSTRY, ENUGU

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 learnings. 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.

TABLE OF CONTENT Title pageII Approval pageIII DedicationIV AcknowledgementV AbstractVII Table of contentX
CHAPTER ONE 1.0Introduction1 1.1Statement of study3 1.2Objectives of the study5 1.3Significance of the study6 1.4Formulation of hypothesis6 1.5Scope and limitation of the study9 1.6Definition of terms9
CHAPTER TWO 2.0Review of related literature13 2.1Meaning of division of labour15 2.2General division of work in vitafoam industry22 2.3Specialization in vitafoam26 2.4Growth and development in vitafoam industry28 2.5The company corporate policy statement 30 2.6Company profile31 2.7Report of directors36 2.8Report of the auditors49 2.9Five year financial statement/summary51 2.10Cash flow statement53 2.11Statement of value added55 2.12Accounting policies56 2.13Unclaimed dividend warrants and share certificate59
CHAPTER THREE 3.0    Research design and methodology63 3.1Validity and reliability of the measuring instruments.69
CHAPTER FOUR 4.1Presentation, analysis and interpretation of data71 4.2Testing of hypothesis83
CHAPTER FIVE 5.1Summary of findings, conclusion and recommendation 5.2Summary of findings84 5.3Recommendation.86