Business Perspective Review
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Effect of Human Resource Planning on Organizational Performance of the Hospitality Sector in Nigeria
Get PDFPurpose: The study aims to investigate the effect of human resource planning on the organizational performance of selected hotels in Nigeria.
Method: It is a cross-sectional survey research. A self-developed close-ended questionnaire was used to collect data from managers, supervisors, and front desk officers working in 15 selected hotels operating in Ebonyi state, Nigeria. Descriptive statistics were used to analyze participants\u27 demographic characteristics while regression was used to analyze the hypotheses.
Results: The study found that human resource planning dimensions, namely, adequate funding, competence, age, and cultural background have a positive significant effect on organizational performance.
Implications: The HR managers must focus on the financial capability of the firm as well as the age, competence, and cultural orientation of the prospective employees while making the HR planning. 
Factors Affecting Firm’s Annual Turnover in Selected Manufacturing Industries of India: An Empirical Study
Get PDFPurpose: This study makes a comparison of the manufacturing sector and its determinants for India and selected Asian countries. It examines the factors affecting the annual turnover of randomly selected 154 firms in seven different industries of the Indian manufacturing sector.
Methods: In this study, the firm’s annual turnover is used as a dependent variable. Labor productivity, age, investment on plant & machinery, annual expenditure on marketing, total employees, production technology up-gradation, shortage of skilled workers, skills to improve the process, use of hi-tech tool and technique in production activities, technology transfer abilities, in-house R&D expertise, quality certification, foreign collaboration, waste management capabilities and building capacity of firms are used as independent variables. Regression coefficients of explanatory variables are assessed using linear, log-linear, and non-linear regression models.
Results: The study concluded that the firm\u27s annual turnover has a significant association with technological development related variables, labor productivity, age, technology transfer abilities, in-house R&D expertise, quality certification, and waste management practices of firms.
Implications: It suggests that Indian policymakers need to adopt a strong IPRs, education, and S&T policy in research institutions. India needs to increase R&D expenditure and researchers in research institutions. Research institutions should collaborate with the existing industries to discover more technologies and innovations for the manufacturing sector. All research organizations must set up technology transfer offices to increase technology transfer and commercialization. Furthermore, India needs to set up hi-tech firms to face global challenges.
Originality: It uses primary data of 154 firms which are collected from seven different industries across Indian states. Thus, the study substantially contributes to the existing literature.
Limitations: This study considers seven different industries that have high diversity in socio-economic, science & technological and IPRs related activities, technology transfer, commercialization of technology, and association with research institutions. Therefore, this study cannot provide policy suggestions for a specific industry.
 
Impact of Micro Credit on the Growth of Women-Owned Small Businesses in Limbe I, Cameroon
Get PDFPurpose -- This study aims to analyze the impact of microcredit on the growth of women-owned small businesses in Limbe I Cameroon. More specifically, to identify, map and characterize the women-owned small businesses in Limbe I that have benefited from micro-credit, to assess the extent to which microcredit has assisted in the expansion of their businesses, and to investigate the challenges faced by the women small businesses in Limbe I.
Design /Methodology/Approach – The research design adopted for this study was ex-post facto or causal-comparative research design. A sample of 30 women-owned small businesses that have ever benefitted from microcredit was selected using a purposive sampling technique. The instrument used for this study was a well-structured and validated questionnaire and data for the study was analyzed and presented on tables, bar charts, using descriptive and inferential statistics assisted by SPSS software version 20 and the hypothesis was tested using a regression.
Findings – The findings revealed that microcredit has a very low level of impact on the growth of women-owned small businesses in Limbe I. The findings also unveiled the major challenges faced by women entrepreneurs viz. the pledge for collateral security, the lack of marketing skills and knowledge, the absence of proper training and support, the cumbersomeness of documents for the acquisition of loans, the high-interest rate, the long period of time taken before granting their loans and an absence of knowledge and awareness amongst women about budgeting control resource management and commercial functions.
Practical Implications- The study recommends that the women-owned businesses of Limbe I should unite them by creating an association on which to debate about their challenges. The Delegation of the small and medium scale enterprise should organize training to enhance their business management skills
Sexual Harassment at Workplace: A Systematic Review of Literature
Get PDFPurpose: Globally, sexual harassment is a burgeoning issue, which has been witnessed everywhere. Gripping the gravity of its significance, the present study sets forth to explore the reasons of sexual harassment in organizational settings.
Methods: Following the three-stage approach, a systematic review of the available literature was done extensively. A list of 3380 articles published from 2010 to 2019 were derived from widely explored databases, such as Taylor and Francis Online, Science Direct, JSTOR and Emerald Insight. 67 studies were selected from the list based on their relevance and suitability.
Results: From the extensive literature review, it is revealed that there are five dominant reasons for the widespread sexual harassment, namely ‘inadequate governmental laws and organizational policies,’ ‘perceptions and attitudes,’ ‘male dominance’, ‘power differentials and organization structure’ and ‘cultural influence’.
Implications: To abate its further disastrous consequences, the present research proposes some intervention by linking the current observation with the previous empirical and theoretical studies. Directions for the future research are also provided
Lacking Entrepreneurship and Small Business Thrust in Business Education in Developing Countries: Case of Bangladesh
Get PDFPurpose: Business Education is everywhere. But is business and management education modeled mostly in the North American model or corporate business model, suited for a developing country like Bangladesh, where most of the businesses are small businesses? Who teaches what to whom for whom, using what resources, and following what approaches? Is the need for entrepreneurial and small firms being fulfilled by current business education and management graduates? If not, what to improve? Where to start? This article explores these issues and draws a concrete scenario of business education in a developing country like Bangladesh.
Methods: This is an ethnographic reflection of eighteen years of corporate and academic experience. The author consolidates experiences from \u27direct observant participation\u27 including observations coming through continuous interactions with other stakeholders. Thus, the \u27going native\u27 syndrome has been minimized through peer validation from both industry and academic professionals.
Results: Business education has a gap or mismatch in expectation and orientation. Teachers are recruited fresh out of universities without any exposure to the industry. Research and journal articles by faculties are hardly relevant and read by industry practitioners. Textbooks are foreign, mostly North American, or copycat translations. Graduates are blindly taught theories, and examples of multinationals. Business schools are nurturing this corporate blindness without any homegrown exercise or comprehensive local need analysis. So, industry, particularly, huge and varied SME sectors are not getting \u27person-job\u27 fit management graduates with realistic orientation. All know some of it for sure but none knows the entirety. So, the paper also made actionable propositions for all stakeholders - who could do what from their respective positions.
Implications: Current situation of business education in a developing country like Bangladesh is analyzed in detail. To initiate improvement in a meaningful way, all should have a starting big picture consolidation or situation analysis, on which a broad consensus can be developed, and synergistic progress can be made. This study consolidates that big picture of business and management education in one place, and it can be used one of those springboards from where stakeholders can take away their imperatives, and also work in collaboration with other actors.
Originality: All issues are partly known and discussed partly, in a range of papers, seminars, and dialogues. But consolidation in one place, drawing a summary of all actors and stakeholders, along with the context they operate, is rare. This paper attempts to do that
Impact of Transport Infrastructure on Gross Regional Products: Evidence from Chinese Provinces under the “Belt and Road Initiative”
Get PDFPurpose: This paper analyzes the impact of transport infrastructure on Gross Regional Products in Chinese provinces under the “Belt and Road Initiative”.
Methods: The impact of the key elements of transport infrastructure on Gross Regional Products is analyzed based on the data related to development levels of transport infrastructure and economic development. Correlation and regression analyses were used for data analysis.
Results: It is found that railways and highways, which are the key elements of transport infrastructure, have a strong correlation with Gross Regional Products, and their effects are diverse among provinces under study.
Implications: The findings demonstrate the position and role of diverse infrastructural elements in enhancing the economic benefits of infrastructural investment and promoting economic growth. Thus, it is expected to facilitate decision-making related to infrastructural investment under the “Belt and Road Initiative”
Adoption of the National Health Insurance Scheme and Its Influence on Organizational Commitment: An Empirical Investigation
Get PDFPurpose: The study examines the influence of the adoption of the National Health Insurance Scheme on organizational commitment with particular reference to Kwara State, Nigeria.
Method: A cross-sectional descriptive study was adopted for the study. A purposive sampling technique was employed to select 350 civil servants from the Ministry of Health in Ilorin. Data were analyzed with the assistance of mean and ordinary least square method of estimation.
Result: The results reveal that the adoption of the National Health Insurance Scheme (NHIS) has a significant influence on organizational commitment. This indicates that the “modus operandi” of the scheme is a strong predictor of organizational commitment in Nigeria.
Implication: Deduction to be made from this result is that the “modus operandi” of the scheme is a strong predictor of organizational commitment. This indicates that the sustainability of the NHIS is a guarantee in the country. This will pave the way to achieve Sustainable Development Goals (SDGs) of ‘universal health coverage, such as financial risk protection, access to quality essential health care services, and access to safe, effective, quality, and affordable essential medicines and vaccines for all by 2030
Relationship between Transport Infrastructure and Employment: Evidence from the Chinese Inland Provinces under the “One Belt, One Road” Initiative
Get PDFPurpose: This paper discusses the impact of transport infrastructure on employment in the Chinese inland provinces directly affecting by the “One Belt, One Road” initiative.
Methods: The authors analyzed the impact of railways and highways- two key elements of transport infrastructure on employment in five Chinese inland provinces directly affected by the “One Belt, One Road” initiative. The data was collected from the National Bureau of Statistics of China and some databases related to “One Belt, One Road” for the period of 2008-2017. Descriptive statistics and graphic description approaches were used to analyze the data.
Results: The findings show that there are unclear relationships between transport infrastructure and employment in the inland provinces under study as affected by “One Belt, One Road”.
Implications: Improvement of transport infrastructure as well as other relevant factors in creating jobs should be considered for generating employment in the provinces under study
Management Accounting Practices and the Performance of Small and Medium-Sized Enterprises in Akwa Ibom State, Nigeria
Get PDFPurpose: The study was designed to examine the effect of Management Accounting Practices (MAPs) on the performance on Small and Medium Scale Enterprises (SMEs) in Nigeria.
Method: The survey research design approach was employed using a structured questionnaire to gather data from 40 purposively selected SMEs operators for the population pool. Data were analyzed using descriptive and inferential statistical tools using SPSS version 20.
Result: Results showed a strong positive correlation between the dependent variable (firm performance) and independent variables (Costing System, Budgeting System, Performance Evaluation System, Decision Support System, and Strategy Management Accounting System).
Implications: The study recommends that the SMEs should avail themselves more with contemporary MAPs to ensure the profitability and sustainability of the businesses
Does Intelligence Influence Students\u27 Academic Achievement? A Structural Equation Modeling Approach
Get PDFPurpose: The study attempts to unearth the relative impact of intelligence and creative self-belief on creative capability and academic achievements.
Methods: Senior students from three different disciplines were purposively chosen from the business school of the University of Chittagong, Bangladesh. This study used 192 replies, with a response rate of 64 percent through a self-administered Survey. The study applied the structural equation model in AMOS 20 for data analysis.
Results: The results showed that neither intelligence nor creative self-belief, nor the students\u27 creative capability significantly predict the students\u27 academic achievement. However, it is observed that intelligence and creative self-belief significantly influence the students’ creative capability.
Implications: The most revealing implication of this study is to uncover the potential ways for exploring the relevance of the students’ intelligence, creative self-belief, and creative capability with their academic achievement.
Originality: This study is a novel attempt to explore the topic in the context of developing countries, particularly in South Asian contexts. Additionally, most of the studies conducted in this area are noted in school and high school levels. Interestingly, there are very few studies happened to be in the business school context