Commercial Policy’s Trade Facilitation Effects on Cost of Operations as Determinants of Multinational Corporations Employability
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Date
2017
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Abstract
This study examined commercial policy’s trade facilitation effects on employability of
multinational corporations in Nigeria considering whether trade facilitation(TF), has a significant
effect on the multinational Corporations employability expressed in cost of operation (COP). The
study adopted cross sectional research design and considered 5 multinational corporations in the
food and beverage and conglomerate sub-sector in Nigeria based on random sampling technique
by employing primary data. The sample size constituted the lower, middle and senior level staff of
the multinational Corporations at their headquarters and plants to achieve the objectives of this
study based on the hypothesis that was formulated. Both descriptive and inferential statistical
techniques were employed. The statistical tools used included cross tabulations, Mean, Regression
and Correlation analysis with the aid of SPSS computer packages. The results showed that trade
facilitation (TF) have significant effect on cost of operation (at P=0.000). In conclusion, the study
reflected that each of the performance indicators under consideration related with commercial
policy and employability implies the need for compliance by multinational corporations to be
ensured as governmental follow up in areas of trade facilitation is pertinent to employment
creation. The study recommends that; government is encouraged to continue to play her
regulatory, facilitating and participatory roles to foster an enabling operating environment as it
will contribute towards firm competitiveness in the domestic and global marketplace.