974 research outputs found
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Sustainable supply chain management and organisational performance: Perception of academics and practitioners
Purpose: The primary objective of this study is to examine the nexus of sustainable supply chain management and organisational performance perceptions of academics and practitioners in Awka, Anambra State, Nigeria.
Research Methodology: Data were collected using questionnaires from 122 respondents in the Awka region. The data were analysed using descriptive, correlation and regression analysis for the test of hypotheses.
Results: The linear regression showed that DC components of collaboration and resilience are positively related to OP; with the latter non-significant.
Limitations: This study was limited by its sample size of 122 academics and practitioners and restrictions on the SSCM and OP nexus. The sample may have affected the generalizability of our results. The study does not address the other dimensions of TBL such as organisational social and environmental concerns.
Contribution: The analytical results of the research contribute to the body of knowledge, enabling practitioners to organise and implement sustainable supply chain efforts as well as monitor and evaluate how these initiatives impact the operations of Nigerian enterprises in the long run
An exploratory survey of localization and translation in Zimbabwe's agricultural and pharmaceutical industries in the Fourth Industrial Revolution (4IR)
Purpose: This study aims to explore the elements of localization and translation for the pharmaceutical and agricultural industries in Zimbabwe to ensure that the localization of pharmaceutical and agricultural products is made available.
Research methodology: This study applied an exploratory research approach to answer the key questions that emerge from the deficit of research and application of localization in Zimbabwe.
Results: The time has come for language specialists and others in the areas of medicine, pharmacy, agriculture, and information communication technology (ICT) to work together to ensure that product packaging, instructions of use, and other related product information for both locally produced and imported products are in the languages spoken by local communities in which these products are used.
Limitations: Localization and translation are still in their infancy in Africa in general and Zimbabwe in particular. As such, research and literature about this emerging area of applied language studies are still scarce. While the researchers would have liked to engage literature on the subject in greater detail, the paucity of literature on the subject only afforded the researchers an exploratory kind of study. The current study was conducted with the hope of stimulating further research on this promising area of research.
Contribution: By answering the above questions, this exploratory study hopes to contribute to localization and translation as language industries to ensure that pharmaceutical and agricultural products are localized for the benefit of end-users
Information Technology Strategic Plan for Hospital using Ward and Peppard Model
Purpose: The objective of this research is to find IS/IT strategic plans, managerial activities, and operational activities in hospitals that can be used as proposals for IS/IT development in hospitals.
Methodology/approach: The approach used in this research is the strategic planning of Ward and Peppard who conduct an analysis of the internal environment and analysis of the external environment at the hospital using various analytical tools such as SWOT, CSF, PEST, Value Chain and McFarlan Strategic Grid.
Results/findings: The final result of this research is comprehensive strategic planning at the strategic, managerial, and operational levels which are expected to be in line with the business objectives of the hospital.
Limitations: The limitation of this research is the mapping of application proposals that are in accordance with the business objectives of the hospital.
Contribution: The final result of this research can be used as a basis for developing IT at the hospital which is expected to help in developing IT at the hospital in the future
The effect of FDI Net Inflow on the GDP growth rate: 1990-2021
Purpose: This study examines the impact of foreign direct investment (FDI) on the gross domestic product (GDP) growth rate in Nigeria from 1990 to 2021.
Research methodology: This study employed time-series data from the World Bank’s World Development Indicator Database to ensure data homogeneity. The data were assessed for stationarity using the ADF unit root test. All the data were stationary after the first difference. The hypothesis was tested using ordinary least squares (OLS) with BLUE properties.
Results: The study finds a significant positive effect of foreign direct investment net inflow on GDPGR (p<.05). The control variables DEGO (p=0.3299) and INFL (p=0.3321) showed positive coefficients but were non-significant.
Limitations: The study used only data from the Nigerian context, from 1990 to 2021, which affects the generalizability of the study findings to other countries in SSA, and a limited number of control variables, such as DEGO and INFL.
Contribution: This study contributes to the literature on FDI’s impact of FDI on the economic growth of African nations. The research findings have critical policy implications for governments aiming to achieve sustainable economic growth.
Practical Implications: This study has policy implications for developmental governance in Nigeria and SSA countries.
Novelty: This study deviates from prior studies that agree that illicit financial flows in the form of FDI outflows negatively affect growth and focus on FDI net inflows’ beneficial impacts on the Nigerian economy
Gearing ratio and operating cash flow performance of quoted manufacturing firms in Nigeria
Purpose: The study examines the effect of gearing ratios on the operating cash flow performance of 36 manufacturing firms listed on the Nigeria Stock Exchange from 2011 to 2018 financial years. The study evaluated the effect of capital gearing, income and the operating gearing ratios on the operating cash flow of quoted manufacturing firms.
Research methodology: The study adopts an ex post facto research design utilizing a final sample of thirty-six (36) purposively selected manufacturing firms quoted on the Nigerian Stock Exchange (NSE). The study utilized financial statement data compiled by MachameRATIOS®. The data were analyzed using multiple regression techniques.
Results: There is a negative effect of capital and income gearing ratio on operating cash flows with the former not significant, and a positive non-significant effect of operating gearing ratio on operating cash flow.
Limitations: The focus on consumer and industrial goods firms limits the generalizability of the study findings to other sectors of the economy. The study did not test for Granger causality.
Contribution: The study contributes to the literature in the context of developing countries, on the importance of monitoring the different gearing ratios, more especially the income gearing ratio to ensure positive cash flow. The findings also confirm that managers from emerging economies can alter business risk to sustain favorable performance. The study has implications for investors assessing investment decisions on the need to be wary of the different market and financial risk profiles computed from the various measures in making informed investment decisions
Management control systems and business performance: Evidence from Sri Lankan apparel industry
Purpose: The objective of this study is to explore the types and nature of management control practices and how they influence the business performance of two large apparel manufacturing companies in Sri Lanka.
Research methodology: The research uses in-depth multiple case-study approaches based on a Sri Lankan apparel manufacturing company. Data is collected using interviews, participant observations, and documentary evidence. To achieve the objectives, thematic analysis is used as the analysis tool.
Results: The findings of the study revealed that the existence of tight, strong, impactful, and effective MCSs (Management Control Systems) leads to both high sales volume and also elevates the annual growth of sales of two main apparel companies in Sri Lanka. Moreover, it is found that the effective placement and use of MCSs have a considerable influence on the profitability of the case companies.
Limitations: The main limitation of this study is that it only focuses on two apparel exporting companies in the Sri Lankan apparel industry. Further, this research is a case study-based qualitative research where the inherent shortcomings of any such research are unavoidable where the personal traits of individuals as they place more significance on personal beliefs, opinions, and judgments than the results. Similarly, there is no articulated way to analyze qualitative data in an arithmetical manner.
Contribution: This study contributes to the management discipline in the apparel industry in Sri Lanka and steers the Sri Lankan economy in a positive direction, as the research keeps an eye on the apparel industry at large
Financial Management Practices and Small-Scale Businesses' Profitability, from the Viewpoint of Kabale Municipality, Uganda
Purpose: The study's goal was to investigate how financial management practices impact small businesses' profitability.
Research methodology: Descriptive and correlational research designs were used in the study. The study used a multi-regression analysis to estimate how financial management practices impact profitability.
Results: The research showed that financial management strategies had a big effect on profitability. Management of working capital and cash has a substantial correlation with profitability, according to the evidence. The study suggests that in order to see improvements in their profitability levels, small businesses should establish strong financial management methods. Owners of small businesses must pay close attention to the dynamics of their working capital and cash management because these factors have a significant impact on their profitability levels. To balance operating costs and profitability, small firms should think about cost-cutting measures.
Limitations: This study was only conducted within Kabale Municipality and future studies should be conducted in the entire region.
Contribution: The study identified a trio of factors – operational expenses, microeconomic factors, and individual characteristics that constrain profitability
Revival of Sri Lankan Wildlife Tourism Operation in New Normal Conditions of Covid -19: Challenges and Readiness
Purpose: Wildlife tourism industry as a form of nature-based tourism was a rapidly growing niche market segment & has developed a revenue platform for many economies. Outstretching the Pandemic of COVID-19, badly hit with wildlife tourism sector too. Nevertheless, it is a contemporary need to rejuvenate the current market segments to reconstruct tourism industry potentials. This study explores the ways and means to revival of wildlife tourism operations with the challenges of COVID-19.
Methodology/approach: This study used a qualitative research approach. Primary data was collected from 16 wildlife service providers at Minneriya national park using the purposive sampling technique. Content analysis was used to analyze the data.
Results/findings: The study's findings revealed operational, financial, labor-related, communication, technology & economic impact as the existing challenges in wildlife tourism operations during pandemics & introducing recreational activities, health & safety measures, technology, policy planning, etc. should be key priorities to revive the wildlife tourism sector in a post-COVID-19 scenario.
Limitations: The study limited to the Minneriya National Park and given the number of existing national parks in Sri Lanka, the geographical region is comparatively smaller.
Contribution: The outcome of this study recommends the Sri Lankan policy makers to identify the gaps to promote wildlife tourism from the perspective of service providers. The pandemic has created a sustainable platform to rejuvenate the wildlife tourism which it has been enabled to address the issues in long-term.
Novelty: Based on the results, there should be strong transformational strategies to avoid the worst effects of future operation: such as government involvement, financial facilities, promotions, and research & development. This study identified a response mechanism to attract travelers to achieve a niche market segment. It will manifest the significance to the future generation, policymakers, and academic students to grab value scale for future operation in new normal conditions and post-COVID-19
The Effect of Promotion Mix, Price, and Service Quality on Study Decisions
Purpose: This research aimed to test and empirically analyze the influence of the Promotion Mix, Price, and Service Quality on students’ decisions to Select Universitas Budi Luhur Jakarta.
Research Method: The method used was quantitative, and multiple linear regression was conducted with SmartPLS to estimate the impact of study decision on promotion mix, price, and service quality.
Results: The results showed that advertising and service quality positively affect university decision-making at Universitas Budi Luhur. Meanwhile, the price significantly and negatively affected the decision to study at Universitas Budi Luhur.
Limitation: This research is limited to Universitas Budi Luhur general strategy to attract prospective students during intense competition.
Contribution: To increase students’ interest, the new admissions department should improve the message content in advertisements, be more friendly and polite, make presentations more attractive, and improve service quality and library facilities
Management Information System and Performance of Cement Firms in Southeast Nigeria
Purpose: The study examined how management information system influences the performance of cement-producing firms in Southeast Nigeria. Specifically, the influence of the transaction processing system, decision support system and executive support system on firm performance was assessed.
Research methodology: The research design deployed in the study was a descriptive survey while the population of the study compromised 143 staff in the accounting and management information system departments of the selected four (4) cement companies in Southeast Nigeria. Yamane formula for sample size was applied in determining the sample size of 141 out of the population size of 143. The researchers collected primary data using a structured questionnaire administered to the respondents. Pearson Product Moment Correlational analysis was applied to establish the relationship between the variables of the study at a 5% level of significance.
Results: Transaction processing system, decision support system and executive support system have a significant and positive effect on the firm performance of cement-producing companies in Southeast Nigeria.
Limitations: The results are more fittingly applicable to only cement manufacturing companies. Therefore, they cannot be generalized to other sub-sectors of the Nigerian manufacturing industry. Also, the findings are valid to the extent that the responses to the questionnaire are free from bias.
Contribution: The study contributes to knowledge by filling the gap created by the lack of empirical research that uncovers the influence of management information systems on the performance of cement manufacturing firms in the context of Southeast Nigeria