Annals of Spiru Haret University
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INFLUENCE OF SOCIAL NETWORKING ON SMALL BUSINESS PERFORMANCE IN NIGERIA
No full textNetworking has make the world to become a small community especially through social media. The usage of social networking sites by all and sundry has make the world a commonplace for both individuals and businesses alike. Small businesses now utilized social media to promote and communicate their products and services to the global community. Thus, the inherent small business challenges such as finance, low patronage, high cost of doing business and low market share are being checked. Therefore, this study examine the influence of social networking on small business performance in Nigeria. Specific objectives are to: evaluate the influence of social media on market share; and determine the effect of search engine on consumers’ choice making. Survey design was adopted for the study. The study population comprises of registered small businesses in Ilorin, Kwara state, Nigeria. Judgmental and simple random techniques were used to select the sample respondents. Ordinary least square regression was used to analyse the collated data. The findings revealed that social media have significant effect on market share. Also, search engine significantly influence consumers’ choice making. The study concluded that significant relationship exists between social networking and small business performance. The study recommended that video sharing platform should be adequately embraced to favourably positioned products and services. Besides, consumer trust should be built through timely delivery and product quality to encourage repeat purchase
DEMOGRAPHIC POLICIES IN THE CONTEXT OF GLOBALIZATION. AN ANALYSIS OF THE RIGHT TO MARRIAGE IN ISLAM
Get PDFIn the context of globalization, the demographic geometry is suffering major changes that have significant effects on the social economy of states.For any society, change is an element with great development potential but also with an extremely dangerous major component: the fear felt at individual level.The last few years have witnessed a populist xenophobic trend (at least in Europe), if we refer to the crisis of immigrants, mostly Muslims, who are knocking at Europe's borders.Starting from the certainty that fear has its source in ignorance, the present paper has two objectives: on the one hand, to bring more insight into some particular aspects related to the Islamic family and to the rights of women within this social institution and, on the other hand, to make a presentation of some demographic policies of the European family
PSYCHOLOGICAL CONTRACT AND EMPLOYEE RETENTION: EVIDENCE FROM UYI GRAND HOTEL, BENIN CITY, EDO STATE
Get PDFAbstract The breach of psychological contract often results in a decline in employees’ willingness to contribute to and intention to stay in an organization and, employee turnover is an endemic issue in hospitality industry worldwide. Psychological contract and employee retention has been subjects of discourse among social and management scientists form a wide range of disciplines in the last two decades. But unfortunately, very insufficient number of studies in these areas has been conducted in Nigeria and none has been carried out in hospitality industry. This study was undertaken to fill this obvious research gap. A descriptive method was adopted and data was collected via a survey of 53 respondents. Data collected were analyzed using correlation and linear regression analysis with the aid of Statistical Package for Social Sciences (SPSS) version 21. The results of the study showed that there is a significant relationship between psychological contract and employee retention. The study also revealed that psychological contract; positively and significantly influence employee retention in Uyi Grand Hotel, Benin City, Edo State. Requisite conclusion and recommendations were provided in the light of theoretical and empirical findings
DIGITALIZATION, DUAL-USE TECHNOLOGIES AND MANAGEMENT OF NEW BUSINESS MODELS - WAYS TO RESPOND TO CHALLENGES. USH PROBUSINESS, WALACHIA HUB AND DUAL-USE CLUSTER STUDY CASE
Get PDFDual use technologies, which means technologies used for both military and civil applications, are evolving in the context of digitalization. Even in pre-digital era, at the dawns of the technological progress of mankind, the use of technologies was ambivalent, both for warfare and civil wellbeing. Now however, we assist to a fast blending of dual use and digital processes which is changing the landscape of the business models. We name this new process interaction as Dual-use Digital Blending (DDB). This paper is investigating the trends of evolution of this blended dual use-digital transformation technologies and their impact on the new geo-economic and geopolitical confrontations, on the trade flows and economic balance of power. We look at the new emerging business models triggered by the DDB and the managerial challenges this will require especially for innovative start-ups and SMEs. Finally, we argue that university led innovation ecosystem, like the study case presented, may offer knowledge hubs for managers, organized in clusters in order to be better prepared for the described DDB process
STAKEHOLDERS’ PERCEPTION ON THE USE OF ELECTRONIC-PROCESSES AT UNIVERSITIES IN RIVERS STATE, NIGERIA
Get PDFThe use of electronic (E) processes in the workplace has become pervasive in many countries in recent years. In Nigeria the pervasive use of information technology is quite new. The adoption of this new technology is gaining momentum at Universities in Nigeria. Concepts as E-Senate, E-Campus, E-Examinations, among others depict the extent to which Universities are adopting E-processes. To drive the processes, investments in hard and soft wares are being executed with huge sums of money. This is done in the belief that the new ethos is cost effective, modern and competitive. But as an innovation, the e-processes are new and will be driven by stakeholders. These stakeholders include Management, Staff and Students; their views, reactions and actions are key determinants of its sustainability. This work is a study of stakeholders’ responses to the use of e-processes (using Rogers’ Diffusion of Innovation Theory) for service delivery by Universities in Nigeria. The outcomes of the research show that about 32 percent of staff members are fully compliant and another 55 percent are concerting efforts to achieve compliance. In all, 87 percent of those interviewed have keyed into the process. Only about 13 percent are yet to key in, these may be seen as Laggards using Rogers categorization. Since, the new process has taken off, there is need to perfect it by resolving the problems of power supply, internet access, accessories, among others that are limiting its success rate
ENTRY AND SURVIVAL STRATEGIES ADOPTED BY CHINESE SMALL SCALE ENTREPRENEURS IN SRI LANKA: A CASE STUDY
Get PDFThe main aim of this research is to identify the factors that are affecting the success of Chinese small businesses which are currently operating in Sri Lanka. This study followed the ‘Investigation research model’ with the two main research aspects, ‘success of the Chinese small businesses in Sri Lanka’ and ‘affecting factors for the success’ as the conceptual model of the research, and authors used the qualitative research approach by collecting data through in-depth interviews conducted with the Chinese entrepreneurs who are currently operating their businesses in Sri Lanka and the BOI officers who supporting to promote FDIs in Sri Lanka. For the data collection purpose, researchers used the snowball sampling technique and the unstructured, open-ended questionnaire. Thus, this research followed ‘case study method’ and ‘conversation-based content analysis’ to analyze the collected data. Finally, the affecting factors were identified under these four main dimensions viz: statutory and legal requirements, market related factors, financial related factors and strategy of investments. Moreover, this study concluded that the success of the businesses can be assessed by using the seven success factors under four key dimensions such as operational performance, market performance, wealth of the business and growth of the business. The findings of the study will be useful for the investors mainly from China and also other foreign investors who are planning to invest in Sri Lanka. Further, policy makers need to consider study findings for future initiatives in crafting policies in business development, trade and investment.
SMEs - THE MAIN PILLAR OF ANY ECONOMY
Get PDFAbstractMicro and small and medium-sized enterprises (SMEs) account for 99% of EU businesses. They provide two-thirds of private sector jobs and contribute more than half of the total added value created by EU businesses. SMEs play an important role for economic and European growth, producing 60 of the European GDP. Also, SMEs play a major role in the innovation process and thus constitute an important element for a knowledge-based economy. At European and national level, various action programs have been adopted to support SMEs, with the aim of increasing the competitiveness of SMEs through research and innovation and improving their access to finance
AN ASSESSMENT OF NON-OIL TAXATION INFLOW ON ECONOMIC GROWTH: VERDICT FROM WEST AFRICAN COUNTRIES
Get PDFThis study examined the impact of non-oil taxation inflow on economic growth in selected West African countries using World Bank panel data from 1999 to 2018. Ten (10) West African countries were purposefully selected from 1999 to 2018. Specifically, five francophone and Anglophone countries were selected for this study. Panel data analysis was employed to articulate the effect of independent variables (company income tax, Value added tax, Education tax, and Custom and excise duties.) inflow on dependent variable (economic growth (GDP)). The results showed that corporate income tax, Value added tax, Education tax and Custom and excise duties had positive significant effect on economic growth of West African countries. In conclusion, non-oil taxation Inflow impacted economic growth significantly and positively in selected West African countries. This predicated that money realized as taxation income has been utilized effectively, productively and efficiently on economic enhancement in terms of employment creation, roads construction, income distribution, provision of infrastructural facilities and economic stability. This study postulated that West African countries should lay mush emphasis on the collection of non-oil taxation effectively especially VAT and CIT, and expend much of this revenue prudently for the augmentation and enrichment of the populace
EFICIENCY OF KNOWLEDGE USE FOR ESTABLISHING
Get PDFThe research and development field provides driving forces of economic growth. EU economy, including the national economies under the impact of scientific research and inventions results, turn into a multi-structural system. The intellectual development of the society is the most powerful productive forc
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No full textThe COVID-19 pandemic has spread with alarming speed, infecting millions and bringing economic activity to a near-standstill as countries imposed tight restrictions on movement to halt the spread of the virus. The COVID-19 pandemic is a global health crisis without precedent in living memory. It has triggered the most severe economic recession in nearly a century and is causing enormous damage to people’s health, jobs and well-being. As the health and human toll grows, the economic damage is already evident and represents the largest economic shock the world has experienced in decades. The June 2020, Global Economic Prospects describes both the immediate and near-term outlook for the impact of the pandemic and the long-term damage it has dealt to prospects for growth. The baseline forecast envisions a 5.2 percent contraction in global GDP in 2020, using market exchange rate weights — the deepest global recession in decades, despite the extraordinary efforts of governments to counter the downturn with fiscal and monetary policy support. Over the longer horizon, the deep recessions triggered by the pandemic are expected to leave lasting scars through lower investment, an erosion of human capital through lost work and schooling, and fragmentation of global trade and supply linkages