Management Journal for Advanced Research
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The Effect of Corporate Social Responsibility in the Telecommunication Sector: A Case of Zamtel Ltd.
Corporate Social Responsibility can be defined as a concept whereby businesses willingly integrate social, environmental and ethical standards into their operations in order to improve the organisation’s performance, lives of employees, local communities and the society as a whole. The study focused on determining the effect of Corporate Social Responsibility in the telecommunication sector: a case of Zamtel Limited. Previous studies have mainly focused on investigating the relationship between Corporate Social Responsibility and the company’s financial performance. Very little information is available on the concept with regard to the reasons why companies in the mobile telecommunication industry are engaging in Corporate Social Responsibility programmes. The researcher used a descriptive research design. Simple random sampling and purposive sampling methods were used to select a sample which comprised managers, unionised employees and customers of Zamtel limited. Out of a sample of 145 participants, only 120 questionnaires were answered and returned. This represented an 85 % response rate which was very satisfactory. Primary data was collected through a questionnaire which had both quantitative and some qualitative questions. The data was analysed using descriptive statistics and multiple regression analysis. The results of the study showed that the independent variables being; the economical, ethical, legal and philanthropic responsibilities had a relationship with the dependent variable which is the company performance. The conclusion of this study was based on the multiple linear regressions, which examined the cumulative effect of the independent variables on the dependent variable. The multiple linear regressions gave a multiple correlation coefficient of 0.979, which showed that the relationship between the four independent variables cumulatively on the dependent variable was very strong and positively correlated. This implied that by investing in Corporate Social Responsibilities, companies in the telecommunication sector will have improved performance owing to customer and employee loyalty among other reasons. The study recommends that Zamtel Ltd invests in its employees and increases the support to social causes
A Study of the Viability of Zambia Co-Operative Federation (ZCF) Installed Solar Milling Plants in Zambia
This portfolio thesis is aimed at critically evaluating the viabilities of the Solar milling plants and thought process of cooperatives in rural areas on repaying back of loans using pragmatic action research. This thesis contributes to the empirically and theoretically based understanding of, the impact of the presidential funds in Zambia. A case study of Solar Milling plants across Zambia via ZCF. This study was a participatory in nature, hence, a cross sectional approach was undertaken in the first half of 2016, 2017 and part of 2018 to access primary, district and provincial corporative responses regarding viability of the solar milling plants in the community and to ZCF. In the results, several findings were established which tried to satisfy the objectives of the study. The correlation model revealed that there was a significant difference in between monthly target and monthly recovery fund. A weak relationship was found between the two variables that indicate differences exist between the two groups. This implies that a The viability of solar milling plant and loan recovery is low and not very feasible. This result was found to be significant with p values less than 0.05 and the entire model was significant at p-values (0.0387<0.05). Regarding the factors related to Zambia Co-operative Federation (ZCF) Debt recovery on the installed solar milling plants in Zambia were revealed to repayment history, capacity of machine, Binding cooperative contract, raw material and system of recovery, OR=0.8494, p=0.001. It was also found that despite minor difference these factors were established to directly related to debt rectory. Recommendations have been made to ZCF management to also provide resources for the cooperatives who are managing the milling plants with startup capital to buy maize and packaging materials for the mealie meal and also provide tools for recovery officers to use when following up loan payments from cooperatives. The need to train cooperators on corporate governance, book keeping so that there is comprehensive general accountability
An Overview of Financial Education Initiatives in India – A Descriptive Study
The genesis and significance of financial literacy have come into the limelight since the worldwide economic collapse. Financial literacy is expected controlling device for the unrestricted poverty and economic disparity in India. The Government and financial sector regulators have envisaged “National Strategy for Financial Education” (2020-25) through a very new “5-C” approach “Content”, “Capacity”, “Community”,” Communication” and “Collaboration” to uplift the existing reduced financial literacy rate. This paper elucidates on different initiatives grabbed by the supervisory agencies of India to excel the “financial literacy” among the individuals in the country and alongside compares financial literacy rates state wise in India and with fastest growing countries in Asia. This paper is purely based on various documents published by the regulatory bodies and reviews of research articles. The significance of this paper is advocated as policy makers and research scholars may see it as a value addition to the present literature of financial literacy
Business Accelerator Interventions and MSME Growth in Lusaka, Zambia
Despite numerous interventions by the Zambian government and stakeholders, the failure rate of Micro, Small, and Medium Enterprises (MSMEs) in Zambia remains high at 50% (Chilembo 2021). This study investigates the influence of business accelerator programs on MSME growth. Employing a mixed-methods approach with 5 business accelerators and 50 MSMEs in Lusaka, the study found that accelerator programs offered MSMEs interventions including capital, mentorship, training, and networking. Training emerged as the most valuable intervention for participants. The study concludes that increased capital funding and expanded training opportunities are crucial for boosting MSME growth. It also recommends enhanced post-program mentorship and a shift in program emphasis from funding to broader growth support
Women in Combat: The Rise of Women in Defense Forces
The role of women in the Indian Armed Forces has evolved significantly over the past decades, shifting from supportive roles to leadership and, more recently, combat positions. This article outlines the historical milestones that have shaped women’s inclusion in India’s defense services, starting from their entry during World War II and leading up to the landmark Supreme Court ruling of 2020 that granted women permanent commission status. Despite these advances, women in the Indian military still encounter challenges, including limited access to certain combat roles, gender bias, and societal perceptions of traditional gender norms. In this article, we explore the historical milestones that have shaped women’s participation in the Indian Armed Forces, the challenges they continue to face, and the path ahead toward full integration and equality. By examining the role of women in shaping modern defense strategies and leadership, the article offers a comprehensive overview of their contributions and the path forward for an inclusive Indian Armed Forces
Assessment of Government’s FDI Policies in the Health Care Industry
The healthcare sector has been flourishing effectively in India compare to the rest of the world. Medical travel, telemedicine, hospitals, surgical instruments, clinical trials, outsourcing, and health insurance are all included in the healthcare industry. The rapid expansion of the Indian healthcare sector is being driven by the country's huge coverage, services, and increasing public and private expenditure. To establish the performance of FDI in the healthcare industry the study assessed the different policy measures taken by the government in the health sector and tried to gauge the effect of FDI in the healthcare industry concerning policy measures taken by the government. A descriptive analysis method is used in this study to assess the performance of FDI in the health sector concerning the UK, USA, and BRICS countries. The Paper showed that the liberalisation of government policies has induced FDI to perform better in the healthcare industry
The Effect of Production Planning Practices on Supply Chain Performance: A Case Study of Corteva Agriscience (Z) Ltd
This Paper investigates the effects of production planning practices on supply chain performance at Corteva Agriscience Zambia, utilizing a case study approach with 60 actively involved employees. The study identifies key production planning practices in use which including Capacity Planning, Aggregate Planning, Operational Planning, Production Scheduling, Inventory Management, and Demand Planning & Forecasting, revealing their widespread adoption. It also examines how these practices assess supply chain performance. A multiple linear regression analysis is performed to gauge their impact, showing positive effects of Aggregate Planning, Capacity Planning, and Production Scheduling, while Materials Resources Planning (MRP) and Demand Planning & Forecasting have limited influence. These findings contribute to the supply chain management field and provide actionable recommendations for improving production planning in manufacturing organizations
Developing a Poverty Measurement Scorecard: Predicting MPCE for Microfinance Clients in Urban Delhi
A scorecard is a poverty measurement tool (PMT) that helps microfinance institutions (MFI) to measure and track the poverty status of their clients. It uses some verifiable indicators from the national expenditure survey, to get a score that is highly correlated with poverty. In the present study, an attempt has been made to develop a scorecard using the stepwise OLS regression method, to predict the MPCE of MFI’s clients. The NSS 68th round (2011-12) data on consumption expenditure for urban Delhi has been used for this purpose. The predictive accuracy of the regression model (scorecard) is assessed by comparing the poverty status predicted by our scorecard with the “true” poverty status as established by the NSSO data. The “Total Accuracy” criterion is used which identified 89.39% of the respondents correctly. Thus, the scorecard appears to be a fairly accurate tool for assessing the poverty status of MFI’s clients
The Rise of SUV Market in India and the role of Advertisements in its Promotion: A Case study of Mahindra and Mahindra
India is the third largest car markets in the world, recording a sales figure of 4.11-million-unit sales in the passenger vehicle segment in the FY 23. Since India is an emerging market the scope of growth becomes more important. There has been a sizeable shift in the car segment with SUVs accounting for 50% market share in FY24. The consumer behavior has evolved over the period. According to media reports based on surveys, brand conscious, image conscious young buyers in India find SUVs more appealing that other segment of cars. The purity of the category of SUV has changed too. With compact SUVs coming to play, people are more interested in getting an SUV for everyday commuting than off-roading occasionally. Maruti Suzuki Brezza, Hyundai Venue, XUV 400, XUV 300, Bolero Neo are great examples of that. Mahindra has excelled at SUVs and the company’s focus has been mostly on SUVs only. The cars have been marketed well to the Indian consumers using television and digital media advertisements to reach a wider variety of audience. This research paper studies the journey of Mahindra SUVs through a case study. It analyses different aspects of the growth of SUVs in India. The audio-visual advertisements shown in TV and later in digital has been analyzed by accessing them on social media platforms like YouTube. The findings of such a study of advertisements through the period of last 15 years showcases minute details of the company’s communication and messages to the audience
Effects of Monetary and Non-Monetary Incentives on Employee’s Performance
This paper first focuses on the distinction between monetary and non-monetary incentives, and examine whether incentives enhance employee’s performance and identify the most effective incentive to motivate and improve employee’s performance. Before discussing the awards and perks offered to employees by companies, it is necessary to understand the importance of motivation in the workplace. Employee motivation is a major factor in organizational growth. Managers at all organizational levels concentrate on employee motivation through a variety of rewarding strategies, including monetary and non-monetary rewards. Monetary incentives are easy to understand and consist of measurable financial benefits. Non-monetary incentives may take the shape of material gifts or opportunities that may also have some monetary value. In addition, incentive programs are a key component of improving staff productivity. According to data, incentives are valuable since they can encourage up to 66% of employees to stay at their firm and boost employee performance by 44%