Godfrey Okoye University Journals
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DETERMINANTS OF CUSTOMER BEHAVIOR TO SUSTAIN THE RETURN INTENTIONS PROGRAM OF TOURIST IN MARINDUQUE
No full textThe purpose of this research was to evaluate the determinants of customer behavior as basis for the development of sustainable return intentions program. Surveys were completed by the local and foreign tourists visited in the province of Marinduque. The study aims to answer which among the factors of customer behavior (Cultural, Social, Personal, and Psychological) greatly influence the return intentions and serves as basis of the province to develop a sustainable return intentions program. Through a survey of 397 local/foreign tourists in the province, it was found out that the respondents’ demographic profile posted significant differences in the respondents’ perceptions. In particular, gender, age, civil status, an educational attainment showed significant differences in the respondents’ mean ratings on several variables that were considered in the study. Results of the test of Correlation showed significant and positive correlation between the determinants of Customer Behavior and areas defining the Return Intention Programs. The study also showed that Psychological Factors have the strongest relationship with the different facets of sustainability of Return Intentions
An Assessment of the Effect of Firm Profitability on the Financial Reporting Quality of Quoted Consumer Goods Manufacturing Companies in Sub-Sahara Africa
Get PDFProviding high quality financial reporting information is important because it will positively influence capital providers and other stakeholders in making investment, credit, and similar resource allocation decisions enhancing. This study investigates the effect of firm profitability on the financial reporting quality of listed consumer goods manufacturing firms in Sub-Sahara Africa. In this study, profitability is the firm attribute proxy adopted to evaluate the effect on financial reporting quality in Sub-Sahara Africa. Financial reporting quality is measured in terms of Jones discretionary accrual. The population of the study consists of all the listed consumer goods manufacturing firms with representation from Nigeria, Kenya, and South Africa. As of December 2020, we had 22 consumer goods manufacturing firms in Nigeria, 16 consumer goods manufacturing firms in Kenya and 35 consumer goods manufacturing firms in South Africa. However, only consumer goods manufacturing firms that had all relevant data due to continuous existence were included in the sample. The data for the sampled companies were sourced from related countries’ Exchange Group Fact Books and related companies’ annual financial reports and footnotes for the periods covered in the study. The panel fixed and random effects were employed and estimated using the appropriate techniques. The findings of the study reveal that firm profitability has a significant influence on financial reporting quality in quoted consumer goods manufacturing firm in Sub-Sahara Africa. Based on the findings of the study, we recommend that regulators such as the FRCN can look into the trend of firm’s financial performance to identify cases of potential financial manipulation
“Consumers Behaviour towards online purchase of FMCG Product During Covid-19
No full textThe marketers adopt different strategies to aware the consumers about their offerings and to promote them during Covid-19 Pandemic. Sales Promotion is one such strategy which is used by marketers to attract new & prospective customers towards their products and retain the existing ones. It can be understood as short term incentives aimed at accelerating sales by motivating the customers to make a purchase. FMCG have been one of the most rapid growing markets not only in the world but also in India since last decade; to stay competitive, FMCG retailers should use effective sales promotions tools and that may be become a vital technique for FMCG retailers to stimulate consumer buying behavior towards purchasing FMCG product. The aim of research is to determine the impact of price discount sales promotion tools in retail sector, on consumer buying behavior which include customer loyalty and repurchase intention
An Empirical Examination of the Effect of Firm Size on the Financial Reporting Quality of Quoted Consumer Goods Manufacturing Companies in Sub-Sahara Africa
Get PDFThe study investigates the effect of firm size on financial reporting quality by employing samples from listed consumer goods manufacturing firms in Sub-Sahara Africa between the periods of 2011-2020. In this study, firm size is the independent variable while financial reporting quality is measured in terms of Jones discretionary accrual is the dependent variable. The study is longitudinal covering a period of ten (10) years. That is, from 2011 to 2020 employing consumer goods manufacturing firms in Sub-Sahara Africa. However, only consumer goods manufacturing firms that had all relevant data due to continuous existence were included in the sample. Our final sample size consists of 16 consumer goods manufacturing firms in Nigeria, 7 consumer goods manufacturing firms in Kenya, and 30 consumer goods manufacturing firms in South Africa. In testing for the effect of the above variables on financial reporting quality of listed consumer goods manufacturing firms in Sub-Sahara Africa, we conducted panel least square regression before proceeding to check for inconsistencies with the basic assumptions of the OLS regression. Succinctly, these diagnostics tests include test for multicollinearity as well as test for heteroscedasticity. The panel fixed and random effects were employed and estimated using the appropriate techniques. The findings of the study reveal that firm size has a significant relationship with financial reporting quality in quoted consumer goods manufacturing firm in Sub-Sahara Africa. The study recommends that though larger firms have a stronger tendency to improved financial reporting quality, there is the need for small and medium firms to also focus on improving reporting quality
“Consumers Behaviour towards online purchase of FMCG Product During Covid-19 Pandemic in Chandrapur Area”
Get PDFThe marketers adopt different strategies to aware the consumers about their offerings and to promote them during Covid-19 Pandemic. Sales Promotion is one such strategy which is used by marketers to attract new & prospective customers towards their products and retain the existing ones. It can be understood as short term incentives aimed at accelerating sales by motivating the customers to make a purchase. FMCG have been one of the most rapid growing markets not only in the world but also in India since last decade; to stay competitive, FMCG retailers should use effective sales promotions tools and that may be become a vital technique for FMCG retailers to stimulate consumer buying behavior towards purchasing FMCG product. The aim of research is to determine the impact of price discount sales promotion tools in retail sector, on consumer buying behavior which include customer loyalty and repurchase intention
Human Resources Management and Socio – Psychological and Welfare Needs of the Families in Nigeria: Issues in the 21st Century
Get PDFHuman resources management is a term that is used to describe the employees and the department that is responsible for the staff employment, welfare, retention and other related issues. It is the act of hiring, training, developing and retaining the right personnel in the organization to achieve the organizational objectives. It is the process and method of making effective and efficient use of human and material resources of an organization to achieve the organizational objectives. The employees are very vital in any organization and country. Getting employees that are equipped with the right skills and capabilities is the first step towards efficiency and effectiveness in order to meet up with socio – psychological and welfare needs of the family in Nigeria. Deciding and planning for human resources management without considering the socio – psychological and welfare needs of the family involved is to ensure failure of the exercise and there are many critical issues surrounding human resources management in this 21st century in Nigeria. Thus, the important of this work cannot be overemphasized. The employees are the most important asset of Nigeria as a nation because the success and failure of Nigeria depends on them.
 
Peace and Conflict Resolution as Strategies for Family and Societal Well-Being
Get PDFPeace is a condition of social harmony, creativity and preventing of war. Conflict resolution involves the ability of reconciling individuals or groups differences so as to achieve amicable coexistence. This means that peace and conflict resolution provide the structure for societal progress and well- being. Peace and conflict resolution play a vital role in our societal well- being. Since the end of second world war, rigorous approaches to study of peace and conflict resolution emerged across the globe. Thus, interest in question of peace and conflict resolution has continued to increase in our contemporary society. All the emphasize on peace and conflict resolution is geared towards individuals, groups and societal well-being. Thus, the need for this work on peace and conflict resolution as strategies for societal well-being cannot be over emphasized. Conflict is an inevitable reality of social existence while peace is one of the greatest and most cherished human values
Effect of Online System of Taxation on Nigerian Economic Growth (2005- 2020)
Get PDFThis study titled “the effect of online system of taxation on economic growth in Nigeria covering the period 2005-2020”. Data for the research was extracted from the Central Bank of Nigeria (CBN) Statistical Bulletin, 2020. The multiple regression with the application of Ordinary Least Square (OLS) technique was employed in obtaining the numerical estimates of the co-efficient in different equations (Pre-Online and Post-Online Tax Regimes). The One-Sample Test was employed to estimate the difference between pre-online and post-online taxation system on economic growth in Nigeria. The major findings of the study revealed that pre-online tax revenue has a negative and non-significant effect on economic growth in Nigeria, post-online tax revenue has a positive and significant effect on economic growth in Nigeria and there is significant difference between Pre and Post Online tax revenue in Nigeria. It is the recommendation of the study that there should be stringent penalty imposed on any individual or corporate body who indulges in any form of tax malpractices irrespective of states, if the positive impact of tax revenue on economic growth should be maintained and the online-tax system should be constantly reviewed so as to address emerging problems and to evolve with the changing economic landscape and increased complexity of today’s business environment
BINDING EFFICACY OF NARAGUTA CLAY RIGISHI RIVER SAND LAKE
No full textBinding efficacy of Naraguta clay on the foundry properties of Rigishi River sand had been successfully studied. Particle size analysis, chemical analysis and other foundry properties such as green compressive strength, green shear strength, dry compressive strength, dry shear strength, moisture content, compactibility and permeability values were all tested. Particle size analysis of Rigishi River sand revealed that 75.1% of the sand was retained on the four sieve sizes of 0.50mm, 0.25mm, 0.18mm and 0.355mm with Grain Fineness Number of 61.51. The chemical analysis conducted using X-ray fluorescence revealed that Rigishi River sand has S1O3 (93.5%) TiO2 (1.43%) and Fe2O3 (2.85%) as its predominant oxides. Mechanical properties results obtained showed that it has; green compressive strength (33.90KNm2), dry compressive strength (246.43 KNm2) , moisture content(3.80%), permeability (153.16KNm2) and refractoriness of 15860C. From the results it was found that 5% of water and 5% Naraguta clay content were most suitable for mouldingRigishi River sand for applicat