Effects Of Government Policies On Organisational Performance

DEFINITION  OF RELATED CONCEPT 

The definition of concept in this section are important for through understanding of this study.

GOVERNMET: Is the agency through which the will of state is formulated expressed and realized. It included the study sum total of the legislature, executive and judiciary bodies in a state.

POLICY: Help to shape the character of the internal work climate are to translate the cooperate philosophy into how things are due how people are treated and what the cooperate achieves and attitude means terms of everyday activities. At knee is a local raw materials used for the production of good at global soap and detergent industry. They substance is source or got from the petroleum product or chemical. These relate policy concept can also be defined in the ways. 

A. FISCAL POLICIES: is the used of government revenue and expenditure policy to influence the level of economic activities. Government revenue is the income that accures to the government while expenditure is the form in which the mony is spent. Hence, both the revenue and expenditure are opposite side of the balance sheet called government budget on much occasion government may deliberate through fiscal policies implement budget deficit or surplus in order to influence the level of economic (business) activities. In a case where government inplement budget deficit it is usually done to reduce tax increase government spending and subsidies firms so that more employment demand and money in circulation will increase and this will effect business firm positively (all this is due to curb deflation) on the other hand when government implement budget surplus it is done to increase tax reduce government spending and increase subvention paid by firm so that demand will reduce, employment will reduce money supply in circulation will reduce and this will affect business firm negatively ( all these done to curb inflation) 

B. MONETARY POLICY: This is also a government policy that affect business venture. The government use to regulate money supply in the economic. This is done through central bank instrument which include: bank rate open market operation, spear directive, liquidity ratio selective controls etc. all these tools are properly defined and explained in chapter four (4).

C. PHYSICAL POLICY: This is the use of wages and salaries paid to worker to influence the level of economic activities. This is done by the government fixing minimum wages and salaries to be paid to workers and other individual and private company. This is also done to control the money supply in the economy. Government fixed a high minimum wages to increase money supply it equally increase demand and this effect business firm positively through increase fixed their minimum wages to reduce money in economy this negatively through decrease in money in circulation.

SCOPE OF THE STUDY
These studies focus attention on the effect of government policies on the Global Soap and Detergent Industry Asa Dam Road Ilorin Kwara State. The work shall also give details on the attempt made by the authority of Global Soap and Detergent Industry Ilorin to adjust and control the general effect of government policy on their marginal profit and the customers 

1.5 RESEARCH METHODOLOGY

Data collection in any project work or research of this nature is very important to the researcher as well reader. To enable the researcher to collect adequate data needed for this studies and to obtain very reliable information the researcher conducted interview to some key officer of the company among such officer are managers operation manager production manager mechanical and manager personnel.

1.6 SOURCE OF DATA

PRIMARY DATA:  information of varying degree of usefulness regarding effect of government policies on global soap and detergent industry was collected through personal interview to form the primary data for this research work. Personal interview are conducted through pre-planned questions ask for conducting the researcher in different department.

SECONDARY DATA: apart from the information gathered through personal interview other materials were obtained from the company at Asa-dam road Ilorin in the course of carrying out this research work. For security reason we were not permitted to photocopy materials.