ABSTRACT
It is ironic that Nigeria is the sixth largest exporter of oil and at the same time host the third largest number of poor people after China and India. Statistics show that the incidence of poverty using the rate of US $1 per day increased from 28.1 percent in 1980 to 46.3 percent in 1985 and declined to 42.7 percent in 1992 but increased again to 65.6 percent in 1996. The incidence increased to 69.2 percent in 1997. The 2004 report by the National Planning Commission indicates that poverty has decreased to 54.4 percent. Nigeria fares very poorly in all development indices. The average annual percentage growth of GDP in Nigeria from 1990 -2000 was 2.4. This is very poor when compared to Ghana (4.3) and Egypt (4.6). Poverty in Nigeria is in the midst of plenty. Although there has been steady economic growth in the last few years, there are doubts whether the benefits are evenly distributed especially to the poor and excluded. Nigeria is among the 20 countries in the world with the widest gap between the rich and the poor. The researcher hereby want to write on the effect or production management and millennium development goals with its prospect and challenges. Production management is a function of Management, related to planning, coordinating and controlling the resources required for production to produce specified product by specified methods, by optimal utilization of resources. Nigeria, which was one of the richest 50 countries in the early 1970s, has retrogressed to become one of the 25 poorest countries at the threshold of the twenty first century.
TABLE OF CONTENTS
Title Page i
Dedication ii
Acknowledgement iii
Preface iv
CHAPTER ONE
Historical Background of the Hotel 1
CHAPTER TWO
Meaning of Marketing Strategy3
CHAPTER THREE
Observation 9
Recommendations9
Bibliography
INTRODUCTION
For a Production Manager: Product is the combination of various surfaces and processes (or operations). This is because the production Manager is solely responsible for producing the product. He has to think of the various surfaces by which the product is made of, so that he can plan for processes by which a particular surface can be made and plan for required capacity of the facility by which the surface is produced. While planning he has to see that the required surface is produced by the best and cheapest method (optimally), so as to make the product to face competition in the market.
The Subject of Production Management is studied under different Headings-such as Production Planning and control, Production and Inventory control, production and operations control and many more. What ever may be the title of the subject, the contents of the subject are more or less one and the same. Before we discuss about production management, let us discuss about product, production and management. This will give us a rough idea about production Management and with what a production manager has to deal with.