Griffith Open
Not a member yet
602 research outputs found
Sort by
The Effect of Financial Management Practices On The Performance Of Small And Medium Scale Enterprises In Nigeria
No full textThe uncertainty of the business environment in Nigeria combined with poor knowledge of financial management often makes Small and Medium Scale Enterprises (SMEs) face serious challenges regarding productivity and financial performances, which is a threat to the survival of
businesses. This study focused on the effect of Financial Management Practices (FMP) on the performance of SMEs in Nigeria. The main objective of the study was to gain a deeper understanding of how SMEs in Nigeria are affected by FMP such as working capital management, accounting information systems, financial reporting and analysis, investment decisions, and financial planning.
The study adopted positivism philosophy with a deductive approach, the collection of quantitative data was carried out with the questionnaire administered through the internet. 250 business owners, business partners, firm managers, financial managers, and other employees working in SMEs gave their consent to participate in this study by filling the closed-ended questionnaires drafted to answer the questions of this research. Five hypotheses were drawn from the literature reviewed and were tested with simple linear regression.
In this study, it was shown that working capital practices have a significant influence on the performance of SMEs in Nigeria, investment practices have a significant effect on the performance of SMEs in Nigeria, financial planning practices have a significant impact on the performance of SMEs in Nigeria, accounting information systems contribute to the performance of SMEs in Nigeria, and financial reporting has a significant impact on the performance of SMEs in Nigeria. The study recommends that FMP should be highly prioritized by SME managers during the formulation of the strategies of their businesses. This will enhance consistency, accountability, and transparency in their financial operations. And, before adopting any FMP, SMEs should carefully evaluate the structures of their companies. Since companies differ in capital structures, this will help firms to adopt the practices suited to their particular firm
Role of the Reserve Bank of India in the shadow banking crisis of 2018
No full textThe paper focuses on the reasoning and the rationale adopted by the central bank in times of a financial crisis (with reference to the shadow banking Crisis 2018). Furthermore, it analyses the degree of transmission and the depth of the impact that these decisions create on the economy with respect to the short term and long-term changes and effects. It is understood that to have the correct understanding of the whole process one has to have exposure and experience from real time experiences. Bearing that in mind academics have been consulted to understand and present the theoretical aspect of the topic with historical evidences obtained from previously established theories. Along with which fund managers, venture capitalists, hedge fund manager, public policy analyst are interviewed to understand the on-ground impact in real time. The key reason for combining the theoretical and the real time impact is the time difference that is witnessed during the transmission of the variables of the monetary policies to the economy.
The paper adopts a qualitative approach with a semi-structured interview pattern. Semi-structured interview is most viable and suitable for the process since it allows the researcher to obtain additional information from the interviewee and not constraining within the confinements of the pre-prepared questionnaire. It ensures a smooth flow to the interview and catalyses the data being collected to be complete, clear and concise
The Implication of Customer Relationship Management Capabilities on Organizational Performance; a study of small businesses in Lagos Nigeria
No full textFocus on the customers and making sure that they are satisfied and maintained at all times is part of the goal of any organization that works with the principle of going concern. Hence it is important to study the CRM and its various capabilities as they relate to organizational performance. The main objectives of the research is to examine the impact of the various customer relationship management capabilities namely; customer interaction management, customer upgrade and customer win-back capabilities on organizational performance.
To achieve this, over 200 semi structured questionnaire were distributed, however only 170 was collected and analyzed using a simple descriptive analysis as well as correlation analysis. The probability test was also conducted to determine the significance of each capabilities on organizational performance.
From the analysis, it was discovered that all the customer relationship management capabilities are significant at 5% level of significance. Which implies that all the capabilities are significant in explaining the changes that occurs in organizational performance. The correlation analysis also shows that all variables are positively correlated with organizational performance
Based on the findings, it was suggested that businesses should focus on maintaining good customer relationship, by managing the various capabilities well especially the customer win-back and upgrading capabilities which shows a higher significance with a stronger correlation
Effect of Workers Incentives on Employees' Productivity In The Banking Sector of The Economy: A Case Study Of Access Bank Nigeria PLC
No full textResearch Background: How organizations can enhance employee productivity is a great concern to business owners and organizations, this is why several organizations and scholars have demonstrated great interest in different systems and practices that can be used to enhance employee productivity. One of these practices is incentives, which is used to stimulate employee to achieve a desired level of productivity. Thus, the subject of incentives continues to contend with the input level and the corresponding output an organization gets from their employee. Research Purpose: In view of the paucity of studies investigating the effect of all the dimensions of incentives on the overall productivity level of banks employee and the impact of the different types of incentives on the diverse employee cadre, the study seeks to examine the effect of workers incentives on productivity. Research Objectives: The study was guided by three research objectives, namely: 1. To examine the effect of financial incentives on worker's productivity in the Nigerian Banking Industry; 2. To investigate the effect of non- financial incentives on worker's productivity in the Nigerian Banking Sector; 3. To determine the relationship between financial and non-financial incentives and worker's productivity in the Nigerian Banking Industries. Method: This study adopted a descriptive survey research design. Primary data for the study was collected using a structured questionnaire administered to the employee of selected banks in the study area. Conclusion: This study has made an important and unique contribution to literature. The research has demonstrated a significant effect of non-financial (intangible) workers incentives on productivity. Also, the study has demonstrated that the different types of incentives motivate employees differently depending on the cadre. Overall, the study found that incentives predict productivity
The Motivational Factors That Ensure Engagement Of Mexican Millennial Workforce Hired By North American Companies
No full textThe subject of the current research is “The Motivational factors that ensure engagement of Mexican millennial workforce hired by North American Companies”. This paper observes the following topics: S.H.R.M. (Wright et al., 2001), Motivation (Herzberg, 2017), work-life balance (Weckstein, 2008) and employee engagement (Afif, 2019). Moreover, the Carranza et al. study result (2019) was used as a reference to compare and analyze the ranking of the main motivational factors that engaged Mexicans Millennial Workforce promoted on that study with the current research. The context of this research is North American Companies investing in the Mexican Territory expansion, which creates H.R. policies to engage the Mexican Workforce; this research is focused on the Mexican Millennial Workforce and Human Resources Specialist sharing their experience as creators of Human Resources Policies to engage M.M.W.
This study was conducted remotely with Mexican people working for North American Companies to understand and know the current policies developed by these organizations and their impact on millennials engagement. The positions where they work do not belong to any specific industry. However, most interviewees work for the bank, technology, and pharmaceutical industries.
Keywords: Human Resources, Motivation, Engagement, Leadership, Culture, Compensation and Rewards, Millennial Generation.
This research was focused on two aims: firstly, facilitate the construction of Human Resources policies into the Mexican Millennial Workforce and facilitate the development of procedures to raise Mexican Millennial Workforce engagement and increase the North American Companies investment in Mexico.
The main four objectives that guide this research are the following: 1. Examine motivational factors of the Mexican Millennial Workforce, 2. Explore successful employee engagement strategies in Mexico, 3. explore the total available rewards that North American Companies could use, and 4. Make recommendations for North American companies to use Human Resources policies and procedures in Mexico. These objectives are guided by the primary
research question: How can North American companies ensure engagement and motivation in the Mexican Millennial workforce?
This study is guided by a qualitative research method, taking as primary data gathering method, semi-structured interviews, which were previously prepared to justify the questions according to the secondary data gathering, the literature reviewed. To make a final comparison between what theory says and what the Mexican Millennial Generation and Human Resources Professionals provided along with the interviews.
There is not too much information about Mexican Millennials Motivational factors; in this sense, this study contributes to the literature about Human Resources Practices developed in Mexico.
Some findings were not mentioned during the literature review; this brings new concepts, tools, and emerging themes important for future studies and Human Resources practices
The Implication of Customer Relationship Management Capabilities on Organizational Performance; a study of small businesses in Lagos Nigeria
No full textFocus on the customers and making sure that they are satisfied and maintained at all times is part of the goal of any organization that works with the principle of going concern. Hence it is important to study the CRM and its various capabilities as they relate to organizational performance. The main objectives of the research is to examine the impact of the various customer relationship management capabilities namely; customer interaction management, customer upgrade and customer win-back capabilities on organizational performance.
To achieve this, over 200 semi structured questionnaire were distributed, however only 170 was collected and analyzed using a simple descriptive analysis as well as correlation analysis. The probability test was also conducted to determine the significance of each capabilities on organizational performance.
From the analysis, it was discovered that all the customer relationship management capabilities are significant at 5% level of significance. Which implies that all the capabilities are significant in explaining the changes that occurs in organizational performance. The correlation analysis also shows that all variables are positively correlated with organizational performance
Based on the findings, it was suggested that businesses should focus on maintaining good customer relationship, by managing the various capabilities well especially the customer win-back and upgrading capabilities which shows a higher significance with a stronger correlation
A Critical Evaluation Of The Extent To Which The Recognition Of The Right To Privacy For Individual Citizens Under The European Convention On Human Rights 1950 Is Supported By The Law Related To Data Protection In The European Union That Is Now Provided For Under The Gdpr
No full textThis research focuses on the extent to which the right of privacy is being provided for under the General Data Protection Regulation as provided for under the European Convention on Human Rights 1950. It discusses the approaches currently adopted in ensuring the right of privacy and data protection in the European Union, the effectiveness of these approaches and the constraints militating against effective implementation of the law on data protection and the right to privacy for EU citizens.
Data protection laws are fundamental in securing the rights of people, particularly their entitlement to privacy. In this vein, the EU gives a solid worldwide enactment which is the General Data Protection Regulation (GDPR) in managing the assortment and use of individual data by the private sector and the government.
The research adopted a mixed approach by carryout out an extensive survey on fifty (50) individuals within and across the European Union, followed by interviews conducted with four respondents to provide findings, and thereafter themes were utilized in finalizing the analysis.
The finding and discussion following the interviews and survey, in line with the objectives of the study, portrayed that the right of privacy is fully considered under the GDPR in the EU. This is due to the fact that one of the aims of the General Data Protection Regulation (GDPR) is to empower individuals to have control over their personal information. It was also shown that the current approaches utilized by organisations in compliance with the GDPR have been faced by some challenges which includes poor priority levels, issues regarding consent from customers and prospects, and the right to erasure. These challenges militate against effective implementation of the GDPR among firms. In ensuring adequate compliance with the GDPR, and also curbing the challenge of consent, organizations must ensure customers are aware of their rights to demand full details of the information held on them, and also to retrieve their data when it deems fit. The research came up with other viable recommendations which can be attributable in the future
Business Transformation in the Age of Digitization: An Analysis of Digital Culture in Germany as a Determinant Factor
No full textThis master's thesis aims to explore the fundamental importance of corporate culture in change. The following research question will be asked: “What are the demands that digital transformation brings upon to the corporate culture?”
To be able to answer this question in a well-founded way, six interviews with experts from different companies and industries were conducted and evaluated in a qualitative content analysis according to Philipp Mayring.
The evaluation of the interviews shows that the implementation of a digital corporate culture is the elementary building block of a digital transformation and that without the creation of a culture in which people are at the center of attention, no change is permanent.
The creation of a suitable culture is the most challenging task in the entire transformation process and is of such relevance that it must be the first step before a company starts to think about going digital
Disruption Of Supply Chain And Its Future Trends Amidst The Global Covid-19 Pandemic In The Airline And Manufacturing Industry
No full textThe major aspects of the study focus on the elements of changes that have occurred in the supply chain process due to the impact of COVID 19. The primary aim of the research is identified in two specific sections, which focus on finding the impact of COVID 19 on supply chain framework and the future possible changes in the coming years. The major purpose of this study is to identify the impact of COVID 19 pandemic on the supply chain of the manufacturing industry and its future trends.
The supply chain plays a key role in the airline industry to reduce the costs of several business functions inside the industry. The growth and development of every business depends on how well the company can adopt the strategies of the supply chain. The supply chain of the airlines follows different strategies such as creating low traffic airlines or reducing the maintenance cost. With the outbreak of COVID 19, there has been an immense effect on the operations of business across diverse segments. Supply chain operations are no different, in this regard. The prospects of identifying the possible implications of pandemic on the supply chain and logistics operations have been largely determined by the on-going business and trade relationships of the different nations with the Chinese market. The reduction in the percentage of good production along with halt in the supply chain has led to a decline in the supply chain sustainability and resilience.
For a research work, the data collection process is highly effective to extract proper consequences of the research paper positively. In this research paper, the researcher needs to collect primary data for the positive outcome of the case study. Therefore, the impact of covid-19 in the supply chain business can be enhanced properly. With help of observation methods, researchers can observe the behavioural approach of the covid situation in the supply chain business. By applying the personal interview method, researchers can focus on the individuals to extract their overview on the aspect of covid situation in the supply chain business. Even through the telephonic interview, investigators can connect with potential individuals to extract their thinking point of view over all the impact of covid situation in the supply chain business. Therefore, researchers can obtain feedback to provide a healthy research work.
According to the first objective that is to identify the destructive impact of covid-19 on the supply chain process it could be understood that the outbreak impacted the diverse business segments. A negative impact can be witnessed as it led to an economic crisis at the global level.
This led researchers to research the scope and probability through which the organization could rebound and bounce back to business. Some of the future Trends that it was established over the utilization of 5G in the aviation industry. With the help of 5G and the Internet of Things massive data could be managed. Finally, management during the pandemic was a crucial element as restrictions were imposed by higher authorities on the pretext of public health and human rights for every individual. Therefore, abiding by the rules created by the authorities it was essential to use effective management strategies within businesses to ensure that the constant flow of business activities continues. Yet with the help of digitalization organizations are able to withhold their businesses and continue the economy to function
Impact of Post Marketing Surveillance on Falsified Medicine in Nigeria.
No full textThe thesis aims to evaluate the impacts of post marketing surveillance on falsified medicines among healthcare professionals (medical doctors and pharmacists) and consumers in Nigeria by conducting a questionnaire-based survey for quantitative research. in order to achieve this, the awareness and knowledge of falsified medicines, factors affecting effective post marketing surveillance in Nigeria and recommendations to improve adequate post marketing surveillance of falsified medicine in Nigeria. The healthcare professionals (medical doctors and pharmacists) and consumers were evaluated to ascertain their level of awareness and knowledge of falsified medicines, healthcare professionals’ direct experiences to post marketing surveillance guidelines and frequencies of falsified medicine cases during their experience. The efficiency of Mobile Authentication Services (MAS). Sixty-six (66) respondents voluntarily participated and responded accordingly to the questionnaire structured survey.20 (30.0%) respondents were medical doctors, 24 (36.0%) respondents were pharmacists while 22 (33.0%) respondents were consumers. There was an absolute 100.0% respondents to willingness to update their knowledge about guidelines and regulations of post marketing surveillance of falsified medicine. Their most preferred method was through current guidelines from regulatory bodies. There were factors associated with inadequate impacts of post marketing surveillance which included NAFDAC regulatory policies, social economic status of the country and cost implications. Increasing awareness of falsified medicines was recommended to be implemented by continuous advertisements through internet, radios and newspapers. Designing and implementing new applicable regulations to help improve post marketing surveillance