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CORPORATE EFFICIENCY AND ORGANISATION STRUCTURE: A. STUDY OF THE IMPACT OF STRUCTURAL ALTERNATIVES ON THE EFFICIENCY OF CORPORATE ORGANISATIONS IN NIGERIA.

By Nnaukwu, Albert Ukoha

CORPORATE EFFICIENCY AND ORGANISATION STRUCTURE: A. STUDY OF THE IMPACT OF STRUCTURAL ALTERNATIVES ON THE EFFICIENCY OF CORPORATE ORGANISATIONS IN NIGERIA.

Published: 08/01/1986

Tags: CORPORATE ORGANISATIONS, NIGERIA, EFFICIENCY.

Size: 3.35MB

Government Budget and Budgetary Control System(a Case Study of Ministry of Finance and Economic Planning Awka, Anambra State)

By Nkwonta, Nkechi C.

Government Budget and Budgetary Control System(a Case Study of Ministry of Finance and Economic Planning Awka, Anambra State)

Published: 07/02/1999

Tags: Government budget, Budget control, Finance.

Size: 1.56MB

Compensation Policies and Practices in Manufacturing Industries in Nigeria: A Study of Selected Manufacturing Industries in Enugu Urban

By Onyema, Ursula Ngozi

Compensation Policies and Practices in Manufacturing Industries in Nigeria: A Study of Selected Manufacturing Industries in Enugu Urban

Published: 02/01/2006

Tags: industries,sub-sector,criticism,motivational tools,enhancing performance

Size: 11.56MB

Benchmarking as a Tool for Effective Organization Performance: A Study of Selected Aluminum Fittings Fabricators in Enugu Metropolis

By Onuoha, Anthonia Chinyere A. Pg/mpa/03/37324

Benchmarking as a Tool for Effective Organization Performance: A Study of Selected Aluminum Fittings Fabricators in Enugu Metropolis

Published: 09/09/2005

Tags: benchmarking,rewards,organisations,systematic

Size: 1.91MB

THE GROWTH OF MARKETING EDUCATION IN NIGERIA (A STUDY OF TERTIARY INSTITUTIONS IN NIGERIA)

By Ezenyilimba Emmanuel

This study investigated the reasons for and the problems associated with the low quality and the unemployment saga of the marketing graduates that have impeded the growth of tertiary marketing education in Nigeria. Marketing which should take the centre stage in the holistic development of the nation has continued to play a second fiddle with consequent loss of professionalism in marketing practice and in marketing education. This study also grappled with the problem of lack of student’s motivation to learn rooting from sparse entrepreneurial, technical and vocational focus of the marketing curriculum. Entrepreneurs with practical knowledge and success story in marketing practice are not co-opted in marketing education delivery. Furthermore marketing students are not sent on ‘industrial attachment’ to enable them acquire practical skills. The potentials of Integrated Communication Technology [ICT] and Information Technology have not been exploited in fast-tracking marketing education in Nigeria. There is lack of Marketing Laboratory for practical and specialized studies in marketing. The objectives of the study are among other things to develop a model that would address the aforementioned hiccups and the absurdities of the research findings and to determine appropriate strategies for curriculum reform for sustainable Marketing Education and Training in an ailing economy like Nigeria. Other objectives include to ascertain the factors that can influence “Growth of Marketing Education in Nigeria Tertiary Institutions”, to identify how best ICT can be used to fast-track marketing learning, to suggest how National Institute of Marketing of Nigeria {NIMN] can assist to foster professionalism in marketing education and training. The above specifics suggest the scope of this study. Five hypotheses and six research questions were formulated to give focus to the study. The theoretical framework of this study is rooted in self-reliance, self-employment, and entrepreneurial, technical, vocational, intellectual skills; built on modern marketing and the traditional Nigerian education that was effective, practical and result-oriented. The significance of this study is derived from the need for an improved and extended marketing education and training suited to Nigeria’s volatile environment. Based on the above contentions, the researcher has prognosticated a ‘Systems- Innovative Marketing Education Model’, adapted educational theories suitable to Nigeria’s scenario. This research also incorporated ‘Entrepreneurial Focused Marketing Department adapted from Ede F .O.[2006]; Scholarly Views of Marketing Education Delivery in Nigeria; Organization of Marketing Education In Nigeria; Recruiters, Educators And Students Synergy In Revitalizing Marketing Education in Nigeria, Adapting for Changing Business Landscapes, ICT Leap Frogging Strategy; Professionalism in Marketing in Nigeria, Market Economy and Higher Education Reform Process In Mongolia, and the Cardinal Role of Truly African University. A cross sectional research design consisting of descriptive field survey, multiple linear regressions, ‘F’ Test statistical method, exploratory and explanatory research designs were used in this study. Both primary and secondary sources of data were exploited. Based on the findings, the problems perverting marketing education and training in Nigeria were made manifest in the emerging inadequacies, particularly in educational policies, curricula, facilities, ethnicity, quality, quantity, relevance, students, vocation, technical, entrepreneurial education and acute shortage of qualified teachers for the growing national education system. To mitigate the above problems, the researcher has recommended the adaptation of the ‘Systems Innovative Marketing Education Model’ demonstrated in this study, and a review of the marketing education curriculum to make it relevant to the graduate, local, national, global and the collective needs of Nigerians.

Published: 25/10/2008

Tags: marketing education, tertiary institutions, growth

Size: 6.82MB

THE STRATEGIES FOR EMPOWERING THE HARD CORE POOR THROUGH MICRO-FINANCING (A CASE STUDY OF RELIEF MARKET, OGBETE MAIN MARKET AND ABAKPA MARKET ALL IN ENUGU)

By Omulu Chinedu Emeka

The research is on the strategies for empowering the hard core poor through micro-financing. The main objective of this study is to determine that strategies for empowering the hard core poor through micro-financing. The research, methodology is descriptive; the study’s approach is based on the research questions which have influence on the data generated and the descriptive analysis presented. The researcher analyses the data collected based on the response from the questionnaires distributed.

Published: 26/05/2008

Tags: hard core poor, micro-financing, relief market, Ogbete main market

Size: 167.50KB

EFFECT OF INTERNAL MARKETING ON ORGANIZATIONAL COMMITMENT OF SELECTED COMMERCIAL BANKS IN THE SOUTH-SOUTH GEOPOLITICAL ZONE OF NIGERIA

By Iki, Peter Oghogho

The focus of this study is on “The Effect of Internal Marketing on Organizational Commitment of Selected Commercial Banks in the South-South Geopolitical zone of Nigeria”. Descriptive research survey was used for the study. The study comprises both primary and secondary data used in generating the results for the study. Population of the study include: banks’ staff and customers of both Zenith Bank Nigeria Plc., First Bank, Access Bank and United Bank for Africa in Cross River, Rivers, Bayelsa and Delta States and their customers respectively for banks’ staff, 160 and 167,000 for their customers. A sample size of 160 and 400 for banks’ staff and customers respectively were determined using Taro Yamane’s formula. The data were presented using percentages, pie chart and bar charts. Cronbach alpha was used to determine validity with a value of 0.95. Multiple linear regression was used in testing all the hypotheses. The summary of the findings through the hypotheses revealed that the motivation of employees significantly affected organizational commitment of commercial banking industry in the south-south geopolitical zone of Nigeria, training of employees did not significantly contribute to the improvement of organizational commitment, job satisfaction significantly affected organizational commitment, understanding significantly affected organizational commitment., and inter-functional coordination significantly affect commitment in the organization. The major recommendations made included that managers of commercial banks in the south-south geopolitical zone should ensure that their staff are adequately motivated. This if properly maintained will improve service delivery by staff of these banks in the zone. When staff are trained, they become more productive in discharging their duties. Managers should ensure that the place of banking is suitable and healthy enough for employees to operate, because when employees are satisfied with their environment of work, they are encouraged to deliver efficient services to customers. Managers and staff should maintain cordial relationship at all times. Management should ensure adequate coordination among departments of these commercial banks in the zone.

Published: 23/11/2012

Tags: internal marketing, organizational commitment, Zenith Bank, First Bank, Access Bank, UBA

Size: 1.19MB

HUMAN CAPITAL PLANNING IN THE NIGERIAN PUBLIC SECTOR: PROSPECTS AND CHALLENGES

By Wurim, Ben Pam

Human capital is one of the most critical of all resources at the disposal of any organisation, whether, public or private. The right quality and quantity of human capital (employed) is a measure of an organisation’s strength, health, success and security. To remain strong, profitable and effective, organisations have to employ scientific methods of planning human capital. It is a pity that the human capital planning picture painted above is not common in the Nigerian public sector. Most public sector organisations perform below expectation with problems of inefficiency, redundancy and employee bloating. The main thrust of this thesis is to critically and empirically evaluate human capital planning (HCP) in the Nigerian public sector with a view to discovering prospects and challenges inherent therein. Hypotheses in line with these objectives were drawn and tested based on the data gathered through a questionnaire administered to five Nigerian Public sector organisations and filled by 349 respondents. The findings indicated that adherence to human capital planning in Nigerian public sector organisations accounted for organisational effectiveness and reduction in personnel costs. Strict adherence to talent management processes also led to increases in employee productivity. The study found that the human capital forecasting system in the Nigerian public sector organisations is weak and could not be used for the precise determination of employee requirements in terms of number and quality. Also, the study found that a plethora of forces (environmental challenges) exert varying degrees of pressure and influence on the planning of human capital in public sector organisations. The study concluded that human capital planning significantly accounts for improvements in organizational effectiveness and employee behavior in Nigerian public organisations. Also, that human capital planning has positive impact on personnel cost reduction in the public sector of Nigeria; that human capital forecasting does not lead to the accurate estimation of employee needs requirement and that environmental challenges positively impact on human capital planning. It is recommended that planners and managers of human capital in the public sector of Nigeria should be properly educated and trained in scientific human capital planning and talent management if organisational effectiveness and employee productivity must be increased. Advocacy should be adopted by public sector organisations to influence the enactment of detrimental laws and legislations that have direct bearing on the human capital planning processes of their organisations. The study has contributed to knowledge by designing a human capital supply forecasting model and the use of behavioural accounting to measure the economic consequences of certain employee behaviour.

Published: 13/12/2010

Tags: human capital planning, Nigerian public sector

Size: 1.29MB

THE IMPACT OF THE BUSINESS ENVIRONMENT ON THE PERFORMANCE OF NIGERIAN MANUFACTURING FIRMS- Adaptation Approach

By Ugbam, Charles Ogechukwu

The Nigerian manufacturing sector should play a major role in the economic development of the country and the actualization of the Millennium Development Goals. However, its performance indices- profit, capacity utilization, contribution to GDP- indicate that the sector has performed poorly. Studies on the impact of the business environment on the sector blame its poor performance on the external environment. These studies had one feature in common-they adopted the inertia approach which sees the organisation as being at the mercy of its external environment. This study, which examined the impact of the business environment on the performance of manufacturing firms in Nigeria from an adaptation perspective, was conceived as an attempt make for a balanced understanding of this problem. This work adopts the field survey research design and involves 16 organisations randomly selected from the chemical and pharmaceutical sub-sector of the Nigerian manufacturing sector. The population of the study was determined to be 283 and since it was considered manageable, the entire population was studied. The study was guided by six key objectives from which appropriate research questions and objectives were formulated. Secondary data was sourced from libraries and the Internet while primary data was collected through the use of Likert 5-scale questions contained in a questionnaire developed specifically for this study. The data collected was presented in frequency tables while percentages and statistical techniques were used to analyze the data. The research hypotheses were tested with the t-statistic at a 95% level of confidence.

Published: 10/12/2010

Tags: business environment, performance, manufacturing firms

Size: 958.00KB

IMPACT OF CORPORATE POLICY AND STRATEGIC PLANNING ON THE PERFORMANCE OF NIGERIAN COMMERCIAL BANKS

By Okoye, Herbert Nnamdi

The research is on “ Impact of Corporate Policy and Strategic Planning on the Performance of Nigerian Commercial Banks”. The objectives of the study are, to determine the impact of corporate policy and strategic planning on goal attainment, find out if there are relationships between bank failure and corporate policy and strategic planning, find out if corporate policy and strategic planning check waste of resources, see if information technology supports corporate policy and strategic planning, determine if strategies such as mergers, acquisitions, aggressive marketing, listing with the stock exchange and others facilitated the recapitalization of commercial banks between 2004/2005, determine if information technology supports corporate policy and strategic planning and to find out if strategic planning in commercial banks could lead to economic growth and stability in the Nigerian commercial banks. This study employed the descriptive research design. Stratified random sampling method was used in the study. The commercial banks selected for the study included the First Bank of Nigeria Plc., Union Bank of Nigeria Plc., Intercontinental Bank Plc., now a subsidiary of Access Bank Plc., and Afribank recently nationalized and renamed Mainstreet Bank Plc. From a population of 25200, a sample size of 392 was determined using Yamene’s formula, which was considered adequate for the study. The principal instrument for collection of primary data was the questionnaire. Secondary data were sourced from journals, books, newspapers and magazines. The questionnaire was structured in five point Likert scale. A content validity approach was adopted. The split half method was used for the reliability test. The result gave a reliability co-efficient of 0.91 which indicated a high degree of consistency. Data collected were presented in tables using frequency and percentages. Pearson’s product moment correlation co-efficient and Chi-Square were used for hypotheses testing. Findings indicate that corporate policy making and strategic planning made impact on the achievement of organizational goals and objectives. Corporate policy and strategic planning had relationship with bank failure Corporate policy and strategic planning helped to check waste of resources. Implemented strategies by commercial banks facilitated the recapitalization as revealed in the result. Information Technology supported corporate policy making and strategic planning. Corporate policy and strategic planning could lead to economic growth and stability within the Nigerian commercial Banks. The research made the following recommendations; Top management of commercial banks should embark on corporate policy and strategic planning to ensure that goals and objectives are achieved. Commercial banks should establish corporate policies and plan strategically to avoid failure. Field managers should avoid waste of resources to minimize operational cost. Nigerian Commercial banks should embark on different types of strategies as need arises. Commercial banks should take advantage of information technology to improve services.

Published: 17/09/2011

Tags: corporate policy, strategic planning, performance, Nigerian commercial banks

Size: 21.41MB

THE APPLICATION OF SIX SIGMA STRATEGY IN SELECTED MANUFACTURING AND SERVICE FIRMS IN NIGERIA

By Suleiman Abubakar Sadiq

The study investigated the application of six sigma strategy in selected manufacturing and service firms in Nigeria. As the global economy continues to face significant challenges, there is an increasing pressure on organizations to cut cost and reduce operational defects, while maintaining a high level of customer satisfaction. The six sigma strategy, now a popular deployment tool in many organizations world wide was developed as a concept by Motorola in 1980’s. The study examined the challenges of the application of six sigma strategy in Nigeria. The survey method was adopted. Three hundred and eighty randomly selected staff of the organizations from a population of four thousand and sixty one participated in the study. The instrument for data collection was built on a likert-scale system. It was a 24 items questionnaire which has a reliability coefficient (r) value tested with Cronbach’s alpha statistics. Based on the findings of the study, it is discovered that six sigma adds significant value to the organization that adopt the strategy. The study also revealed that the successful application of six sigma largely depends on the infrastructural level of the organizations. Consequently, the impacts of the process on quality of product and services have been felt. The study recommends that Government should create a conducive business environment in relations to infrastructure development and guided monetary and fiscal policy. This will enable managers in the sectors to prepare and faced the global challenges facing them. The study concludes that the application of six sigma is highly beneficial to organizations that adopt it.

Published: 20/05/2013

Tags: six sigma strategy, manufacturing, service firms, application

Size: 1.32MB

DIFFUSION AND ADOPTION OF INFORMATION AND COMMUNICATION TECHNOLOGIES IN THE MANAGEMENT OF THE NIGERIAN NATIONAL PETROLEUM CORPORATION AND ITS SUBSIDIARIES

By Ozigbo, Nathaniel Chizoba

This study aimed at investigating the need for the diffusion and adoption of Information and Communication Technologies (ICTs) in the management of Nigerian National Petroleum Corporation (NNPC) and its subsidiaries, with particular references to the four refineries. In seeking solutions to the problem raised, four, research questions were formulated. The study described how the theories of diffusion and adoption have been used in the field of information and communication technologies. The study brought to the fore critical issues relating to the ICTs prevailing in the NNPC and its subsidiaries. The study was not a comparative one, rather aimed at identifying common factors affecting the decisions to acquire external technology. The study identified that the existing refineries have produced below capacity caused by poor management. The study took a cross investigation of the structure of the downstream sector and highlighted investment opportunities in refining, marketing and petrochemicals. The study was conducted through survey, and archival studies were carried out to identify some of the technical changes and technological capabilities of NNPC and its subsidiaries. The archival studies concentrated on annual reports, audited accounts, engineering reports, memoranda and statistics of NNPC and its subsidiaries. Data used in this study was collected from primary sources through structured questionnaire and interviews with the users of ICT components. In all, 400 copies of questionnaire were distributed to the respondents and a response rate of 96.50 percent was obtained. The data collected were analyzed using Analysis of Variance (ANOVA) technique and chi-square for the test of hypotheses. Also a multivariate probity regression analysis was adopted for testing hypothesis four. The study provided empirical evidence that the adoption of ICTs in the NNPC and its subsidiaries were beneficial. The study concluded that the future of NNPC and its subsidiaries were perceived to be dependent on the development and the upgrading of technological capabilities. The study made modest recommendations, that appropriate laws should be enacted to protect Nigerian National Petroleum Corporation and its subsidiaries from foreign competitors and that obsolete equipment for training should be scrapped.

Published: 27/04/2009

Tags: diffusion, adoption, ICTs, management, NNPC

Size: 825.50KB

ASSESSMENT OF THE CONTRIBUTORY PENSION SCHEME IN THE NIGERIAN ARMED FORCES

By Oparah, Frank Goodnews

The work examined and analysed the management of pension scheme in the Nigerian Armed Forces since the introduction of the contributory pension scheme in Nigeria. The research design was a combination of a survey, oral interview and model modification. The population of the study was 6000 made up of military personnel of the 6 military units based in Makurdi, Port Harcourt, Calabar, Enugu, Abuja and Kaduna. From this, a sample size of 375 was drawn using the stratified sampling technique of probability sampling. The sample size was got by the use of Taro Yamane’s formula. The study utilized data from both primary and secondary sources. Primary data were generated using questionnaire, oral interview schedule and dichotomous oral interview schedule as three instruments. Secondary data, on the other hand, were obtained from official publications, journals, textbooks, documentations, paper clippings and internet services. 375 copies of the questionnaire were administered to the military personnel. The data was presented using tables, simple bar charts, histograms and a pie chart. The reliability analysis was done using systematic sampling. The content validity analysis was done using both systematic and stratified sampling. The data was analysed using percentages, relative frequencies, z-test and Spearman’s rank correlation coefficient. The five hypotheses were tested using Spearman’s rank correlation coefficient, z-test of population proportions and one factor chi-squared test. It was found that the administrative and management lapses that characterized the Pay-As-You-Go- Scheme would be absent in the contributory pension scheme. The study also confirmed that the long delay in payment, perennial lack of funds and corruption that characterized the Pay-As-You-Go system will be eliminated in the contributory pension scheme. It concluded that the work should be extended to the public sector to make for better generalization of the Nigerian situation. It was recommended that Government and the National Pension Commission should ensure effective monitoring, supervision and enforcement of the provisions of the Pension Reform Act 2004 that introduced the contributory Pension Scheme to avoid the problems identified with the Pay As You Go system.

Published: 28/07/2010

Tags: contributory pension scheme, Nigerian Armed Forces

Size: 1.94MB

STRENGTHENING COMPETITIVE ADVANTAGE OF RURAL BUSINESS THROUGH QUALITY AND ENVIRONMENTAL MANAGEMENT SYSTEM

By Okeke, Raymond Njelita

The study is on strengthening the competitive advantage of rural business through quality and environmental management system. Business in the rural areas are facing severe challenges with industries closing by the day as a result of inability to cope with competition arising from products from domestic and foreign companies which are cheaper in price and of better quality. The objectives of the study are to determine the extent of competitive advantage impact on rural business quality and environmental management system; to highlight competitive advantage factors that affect sustainability of rural business; to identify competitive advantage strategies that are used in strengthening rural business; to identify the key challenges of competitive advantage in strengthening rural business and to ascertain the extent to which corporate social responsibility improves competitive advantage of rural business.The study was centred in five states of South Eastern Nigeria selected through stratified sampling technique. The methodology of the study was descriptive survey research design. The instruments used for data collection were the interview and questionnaire, structured in line with 5 point likert scale. A sample size of six hundred and fifteen (615) was obtained from a population of nine hundred and ninety nine, (999). The findings indicated existence of a significant impact of competitive advantage on rural business quality and environmental management system; competitive advantage factors affect sustainability of rural business; competitive advantage strategies strengthen rural business; there are challenges facing competitive advantage in strengthening rural businesses, and corporate social responsibility improves competitive advantage of rural business. The conclusion of the study is that application of knowledge and technology, productivity, satisfaction of customer, infrastructure, government policies and corporate social responsibility are basic ingredient that strengthen rural business and ultimately guarantee competitive advantage. The recommendations of the study include: knowledge and technology application in the operation of rural business; satisfaction of customers as the purpose of rural business; control of waste that pollute the environment and government provision of enabling environment.

Published: 23/11/2012

Tags: competitive advantage, rural business, environmental management system, quality

Size: 293.01KB

MANAGERIAL PROBLEMS OF THE NIGERIAN AVIATION INDUSTRY: A SYSTEMS ANALYSIS OF THE NIGERIAN CIVIL AVIATION AUTHORITY (NCAA)

By Okeke Margaret – Mary Ngozi

Aviation is a phenomenon which every country is conversant with. Since countries must interact with one another, and movement between countries is made by air, the maintenance of reliable aviation authorities is considered imperative. Hence, this study sets out to investigate the managerial problems of the Nigerian Civil Aviation Authority (NCAA – The regulatory body of the Nigerian Aviation Industry), and present a framework which can be adopted for a better management of the industry. It is therefore focused on a systems analysis of NCAA. The descriptive survey design was adopted for the study, whereby data were collected through the use of questionnaire and secondary sources such as textbooks, journals, newspapers and articles from NCAA. The proportional stratified sampling technique was used for the selection of respondents. Two hundred and fifty – six copies of the questionnaire were distributed. Based on two hundred and forty copies returned, data were analysed, using Chi – square and Analysis of Variance (ANOVA) at the 0.05 level of significance. Findings from the study reveal that there is a significant relationship between the integration among the component systems within NCAA and low performance. There is no relationship between the surveillance capacity of NCAA and low performance. Also revealed by the study is that the control system in NCAA has an adverse effect on its overall performance. Finally, the study showed that the available network of information is both inadequate and unreliable, thus making effective control a near illusion. Inadequate information, aggravated by poor radar coverage, has remained the main reason behind NCAA’s inability to maintain effective control of airlines and parastatals. The recommendations made for better performance include merging of airlines, undisputed adherence to the rules and regulations of the International Civil Aviation Organisation (ICAO) and the International Air Transport Association (IATA), provision of adequate radar coverage, and others.

Published: 25/04/2010

Tags: managerial problems, Nigerian Aviation industry, NCAA

Size: 1.09MB