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STRATEGIC PLANNING AND ORGANIZATIONAL PRODUCTIVITY IN THE NIGERIAN PHARMACEUTICAL INDUSTRY
(Fuoye Journal of Management Sciences, Federal University, Oye-Ekiti, 2025-07-30) Adebayo Adeyemi Abdulwasiu; Ajayi Ezekiel Olalekan
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TECHNOVATION AND PERFORMANCE OF SMALL SCALE ENTERPRISES IN BENIN CITY NIGERIA
(2021-01) OKOH CHIEDU VINCENT, ABU ZEKERI, RAHMAN O. MUSTAPHA, and OLADEJI SUNDAY OLADOKE
This study discussed the impact of technovation and performance of small scale enterprises in Benin City Nigeria. Creative innovation and information communication technology were adopted to measure number of employee and profitability of technological enterprises. Quantitative research approaches were used, while cross-sectional and longitudinal survey research method was adopted to examine the effect of technovation on performance of small scale enterprises. The population for this study was six- thousand, eight hundred and fifty (6850) registered computer engineers in Benin City Nigeria. 5-Likert Scale close-ended Questionnaire was designed to collect data, the method of data analysis is multiple regression under the SPSS (Statistical Package for Social Science, version 21) application. Findings showed that creative innovation had a strong significant relationship with number of employee and profitability, while information communication technology had a strong significant relationship with number of employee and profitability of technological enterprises. This is shown through their probability value (0.000, 0.000, 0.000 and 0.000) which are less than the chosen 10% significance level. The study recommended that Nigerian computer engineers need to introduce creative ideas to improve business services which enhanced technological devices through business processes. They need to seek new marketing methods through creativity, by perceiving innovation as an opportunity. There should be team building through information technology and Nigerian technological platform needs strategic business plan for expansion. The study concluded that there are technological devices that can enhance business processes but engineers need to seek new marketing methods through creativity. Just few technological firms introduced creative ideas to improve their business services, which had affected their business growth. The use of Information and communication technology needs to be increased to facilitate increased use of internet services in Nigerian small scale enterprises.
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Effect of Access to Fund on Productivity of Fashion Design Businesses in Kwara State, Nigeria
(2022-12) Rahman Oladimeji Mustapha, Aminu N. Brimah & Nafisat Hassan Jumoke
Fashion designing is an important part of small and medium enterprises which contribute to the gross domestic product of Nigeria. Nonetheless, the sector is been challenged by some factors which have hampered their productivity and profitability. The study examined the influence of Access to fund on productivity of fashion design enterprises in kwara State, Nigeria. The study adopted survey research method. The population of the study was 623 fashion designers operating within the area of the, from which 244 Fashion designers were drawn as the sample size for the study. The study selected a sample size which was determined using the Taro Yamane formula. The data was analyzed using frequency distribution table and multiple regression analysis test the hypothesis. This is indicated in the r square svalue of = 0.340 for productivity. The study found that Access to fund can be used as a reliable and valid instrument for enhancing fashion design in Nigeria. The study concludes that the fashion business owners in the sampled area were aware that access to fund has significant effect on their productivity. However, despite the high level of awareness the advantages could not be utilized by the business owners owing to the problems of bureaucratic bottle neck and cost associated with accessing the fund. The study recommended that Government should endevour to enhance the financial inclusion across all the sector of the country economy to enable access to funding to enhance their productivity and by extension the GDP of the country. The study also recommended the creation of conscious cluster of fashion designing businesses and provide them with basic financing tools to enable them attain high productivity.
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CORPORATE SOCIAL RESPONSIBILITY AND FINANCIAL PERFORMANCE OF SELECTED NIGERIAN BANKS AND MANUFACTURING FIRMS
(2019-12) OLANIPEKUN WAHID DAMILOLA (PhD), LASISI FATAI ADEBAYO (PhD), and MUSTAPHA RAHMAN OLADIMEJI (PhD)
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Evaluation of Logistics Management and Performance of Micro E-Businesses in Ilorin Metropolis
(2022-12) Rahman Mustapha & Jamiu Nurufaida Adanla
Information technology is growing rapidly, forcing many socio-economic changes, creating new business waves and simplifying trading activities. With projection of quarter of total global retails by 2025, e-commerce, easy to set-up and manage has potential of repositioning economy, creating more MSMEs and bridging unemployment gap. Logistics management, as the key factor that actualizes online shopping, can make or mar this potential. Delivery of online purchased goods is an entity that influences customers’ satisfaction, continuous patronage of online shopping and ultimately the performance and sustainability of the particular e-business brand. The objective of this study was to evaluate the effect of logistics management on e-business performance in Ilorin metropolis through delivery charges and pick-up and delivery times of goods. The nature of online shopping posed infinite population, as such, the study used the formula of Rose, Spinks and Isabel-Canhoto (2015) to estimate a proportion of an infinite population with an approximate 95% confidence level which gave 400 minimum sample size. Purposive sampling technique was used to select respondents from Jumia’s pick up stations in Ilorin metropolis. A questionnaire with close ended questions was used to collect information from them. The data collected were analysed using frequency counts, descriptive and inferential statistics, while t-test was used to test the hypothesis. The study found a significant change in customer satisfaction through improvement in logistics management as it is responsible for more than 57% sales volume of e business. Online shoppers mostly view delivery charges as extra burden and will not hesitate to complete orders with free or relatively low delivery charges, hence, the moment an order is completed online, customers prefer to have their goods as soon as possible, if not immediately, having to wait for a certain time has limitation on online shopping. The study recommended that e-business brands should strive to have their delivery machineries and charge such prices that will entice their customers. If they must use third party logistics (3PL) service, they should negotiate on their customers’ behalf, not exposing them to possible exploitation by the 3PL firms