Independent Journal of Management & Production
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An evaluation of Nigeria-Chad trade and security relations, 1988-2009
Get PDFThe contemporary world is such that nations cannot do without one another. This is because some nations are connected by historical, cultural, social, economic, scientific and other forms of strategic interests. Nigeria and Chad over the years have a history of inter-state relations that pre-dates the coming of colonial masters. However, at the end of colonial rule, both states engaged in multi-dimensional forms of bilateral relations. This study, which adopts mixed method of research focuses on Nigeria-Chad economic relations. It reveals the forms of trade agreement between both states. The study highlights formal and informal nature of the trade amongst the two states and found that their history of diplomatic relations has promoted the national interest as well as the management of strategic over-lapping trade demands in both countries. This study used regression analysis and applied unit root, co-integration, chow test, stability test as well as Phillips-Perron (PP) and Augmented Dickey-Fuller (ADF) to find-out that there is strong positive significant relationship between Nigeria-Chad trade and economic diplomacy within the period of 1970-2018 as well as reasonable stability in Nigerian trade and security relations with Chad in the presence of Boko Haram menace. The study recommends increased bilateral trade, border security as well as intelligence sharing on the dynamics of security threats to the relations of both states
About biological hip joint prostheses and the biomechanical behavior of implanted femur
Get PDFBiofidel femur Models with finite elements were developed using a specific segmentation combination with computed tomography and solid modeling tools capable of representing bone physiology and structural behavior. These biofidel Finite Element Models (FEM) are used to evaluate the change in the physiological distribution of stress in the prosthesis femur and to evaluate the new design criteria for biopsy biopsy biopsy biopsy. The proposed belief patterns allowed us to adequately take into account the non-isotropic features of the proximal femoral epiphysis and isotropic behavior in diaphysis to explain the critical changes in stress distribution in a femur resected after the implantation of a traditional articular prosthesis. It has been shown that a wide range of femoral diaphyses is completely protected by rigid prostheses that significantly alter the physiological distribution of stress, which should guarantee healthy growth and bone regeneration
Direct kinematics of a manipulator with three mobilities
Get PDFIn the industrial halls it is often necessary to handle large objects, with a large and large table, which have to be transported not over long distances but moved from one place to another, raised, then lowered to various levels, left or right. Such repeated manipulations of heavy and dangerous objects can be done only with the help of a manipulator, which can be a crane, a specially designed trolley, a complicated robot or a simple manipulator as is the case for the one presented in the paper. The paper briefly presents the kinematic study of a manipulator with three mobilities, which can be used both in industrial halls and in garages, depending on its suitably chosen constructive size, which at smaller dimensions can be handled very easily. This manipulator can carry large loads, thus easing the work of the human being and preventing it from major dangers that can occur during the transport of large pieces and a large mass
Success story of controlling COVID-19 in East Asia: lessons for South Asia
Get PDFThe novel coronavirus is an issue of life and death. The main purpose of the study is to know the East Asian success story of controlling Covid-19 and identify which strategies could be a lesson for South Asia and to examine the influence of good governance on controlling COVID-19. Total daily cases of COVID-19 are collected from March 10 to June 15 for East Asian and March 4 to June 15 for South Asian countries. ARIMA forecasting, ADF test, stability test, and diagnostic tests are applied. The minimum value of AIC and BIC shows the appropriate model is ARIMA (0, 1, 1) for both regions. In the East and South Asian model, the coefficients of the constant term are -0.759451 and 198.0155, and coefficients of MA (1) are -0.715686 and -0.339701 respectively for both regions. It's significant at a 1% significance level and support our hypotheses that the total daily cases of COVID-19 decreasing into East Asia but increasing into South Asia and prove that the South Asia region has faced a lot of difficulties to tackle COVID-19 as most of the countries have not enough government capacity, weak institutions, limited resources, narrow government reaches to the vulnerable people and corruption compare to East Asian region and no actual strategies are yet noticeable from the governments of South Asia as a result transmission increases day by day. That is why; we think that South Asian countries could take lessons from East Asian countries as these countries are more successful to control COVID-19
Relationship between ethical corporate social responsibility and customer loyalty: the mediating role of customers’ gratitude
Get PDFThe purpose of this study was to examine whether customer gratitude mediates the association between ethical corporate social responsibility and customer loyalty. A cross-sectional survey was adopted. A total of 430 individual customers of retail banks located in some selected towns in north-east region of Nigeria were selected using convenience sampling. Structured questionnaires were used to collect. Descriptive statistics and partial least square structural equation modeling were used in data analysis. Finding showed that ethical corporate social responsibility positively and significantly affected customer loyalty. Also, a positive and significant effect of ethical corporate social responsibility on customer gratitude was observed. Furthermore, it was observed that customer gratitude and customer loyalty are positively associated. Also, customer gratitude mediated between ethical corporate social responsibility and customer loyalty. This study concluded that customer gratitude mediated the influence of ethical corporate social responsibility on customer loyalty. The finding of this study will help managers of Nigerian retail banks to develop ethical corporate social practices which strongly create feelings of gratitude among their banks’ customers in order to take advantage of customers’ gratitude, and eventually cultivate customers’ loyalty
Problem aspects of application by state enterprises of international standards of accounting and reporting in rental operations
Get PDFThe purpose of the article is to determine the peculiarities of public sector enterprises' use of international and national accounting and financial reporting standards governing the accounting of lease transactions, study the impact of their provisions on financial reporting indicators, substantiation of the most acceptable lease accounting models for public sector enterprises. The information base of the empirical study was the data of the official website of the Ministry of Economic Development, Trade and Agriculture of Ukraine for 2013-2020. Methodical and methodological basis of accounting for lease transactions were the provisions of P (S) of Accounting 14, NP (S) of Accounting SS 126, IPSASB 13, IAS 17, IFRS 16. In the study used such techniques as comparison, l, time series, structural -dynamic and coefficient analysis. The essence of the concept of "lease" is clarified on the basis of a comparative analysis of its various definitions given in international, national standards of accounting and financial reporting for business entities, public sector entities, as well as in other regulations. The conceptual model of rent accounting for P (S) of Accounting 14, NP (S) of Accounting SS 126, IPSASB 13, IAS 17 and IFRS 16 is considered, the problematic aspects of its application in the accounting practice of domestic state enterprises are identified. Discussion issues concerning the application of the provisions of IAS 17 are highlighted, which include: the lack of a financial component in rental costs; lack of information in the financial statements about lease obligations not incurred by the company; Insufficient information in the financial statements about the existence of the asset to which the lessee has the right to use. The results of the study are to identify the key problems of the lease accounting model in accordance with IAS 17 for state-owned enterprises and make suggestions for their solution. Recommendations for assessing the impact of the lease accounting model in accordance with IFRS 16 on the financial statements of the lessee have been developed. The main directions of elimination of obstacles to the implementation of IFRS in the domestic accounting practice concerning the lease operations of state-owned enterprises are identified
Substantiation of models for forecasting the regional social and economic rural development
Get PDFThe areas of application of mathematical and statistical methods for determining the prognostic model of rural development on the example of all Ukraine taking into account the economic, social and environmental component are explored in this article. Econometric modelling is the basis of the research methodology in this work. As a tool for analysis, a specific system of evaluation of selected indicators and their correlation and regression processing is applied. The results showed that the most influential factors for the level of development of rural territories of Ukraine are ten among the 60 indicators, grouped by the three components. They characterize the economic, social and environmental component and determine some impact on the functioning of the country's territorial system as a whole. The mathematical expression of the prognostic model of rural development is established using the regression analysis. A set of measures for regulation of rural development is developed on the basis of these results, which envisages the implementation of measures in the areas of software, normative and legal support. It is expected that this study will help public authorities make more effective decisions on addressing key issues of social and economic processes in rural areas of individual regions, Ukraine as a whole and other countries
Analysis of economic-financial viability, by the monte carlo method, in service provider of non-destructible tests: case study
Get PDFThis work aims to present the economic-financial feasibility, through the application of the Monte Carlo Method, to assist managers in the decision making regarding the investment of a service contract of a company specialized in Non-Destructive Tests, with the tests of Penetrant Liquid and Ultrasound, to which the company that takes the service establishes the requirements previously. The method was apply, in 5000 iterations, from the established parameters, for the initial investment and demand of the test diaries, which provided data regarding the average for the Net Present Value (NPV), Internal Rate of Return (IRR) and Profitability Index (PI), as well as the possible standard deviations, established by the coefficient of variation. Finally, after analyzing the data, it was check that the Method is useful to assist in the making of investment decisions, being feasible the adherence of the contract studied, through the analyzed data and established criteria
Factors affect customer satisfaction: the case of cargo delivery services
Get PDFThe research aims to explore and measure the factors affecting customer satisfaction in cargo delivery services in Vietnam. Notably, the researchers develop a new scale to examine the effect the customer satisfaction, and it is the price factor. To conduct the research, the authors do group discussions and expert discussion and then analyzed 1,729 valid respondents with five factors: resource, service capacity, management capacity, brand reputation and price. The result from Exploratory Factor Analysis (EFA) shows that all of the independent variables have a significant effect on customer satisfaction. In which, brand reputation is the most influential factor, and the management capacity is the least influential factor. Besides, the research shows that the price also effects on customer satisfaction on cargo delivery context. Based on that, the research recommends the necessary management solutions to increase customer satisfaction, and it also supports the new scale and ideas to research in the new field and new country in further research