22 research outputs found

    Impact of Organisational Structure on Organisational Performance

    Get PDF
    This paper examined the impact of organisational structure on organisational performance. An organisation cannot exist without a definite structure. The purpose of organisational structure is the division of work among members of the organisation, and the co-ordination of their activities so they are directed towards the goals and objectives of the organisation. This study used mainly the secondary sources of data collection. The secondary data was sourced through journals, articles, internets and texts books. The findings revealed that organisational structure has an impact on organisational performance. Therefore, it was recommended that organisations should endeavor to have well defined structure in place in order to achieve the set objectives

    Emperical Perspectives of Social Media and International Entrepreneurship in Nigeria

    Get PDF
    Entrepreneurs all over seek ways of introducing their products to international markets, but international business environment pose a lot of opportunities and threats to foreign entrants. The cultural, political and technological environment has a lot to do in entrepreneurial success in global markets. The study examined the effect of social media on international entrepreneurship in Nigeria. The general objective of the study is to critically determine the extent to which social media have contributed to the international venturing of entrepreneurs in Nigeria. One hundred questionnaires were administered to collect primary data that treated appropriate research questions and four hypotheses were tested accordingly. The results of this study indicated that technological advancement has significant impact on business transactions of international entrepreneurs which could be traceable to the fact that most small business entrepreneurs are technological inclined to transact businesses. The study found that so far the proper understanding of the usage of social media tools has offered more to the entrepreneurial venture decision making. Also the social media tool has been proven to enhance business dealings which also have to do with entrepreneurial success in the international markets. The study recommends that since technological products provide ample benefits for international entrepreneurs, organizations should endeavour to provide indispensable technologies that supports international transactions

    Review of Organizational Strategy and Structure (1962-2015)

    Get PDF
    Improving on performance is of greater interest to all organization leaders in today's business environment. Researches relating to large, small and medium sized firms constantly stress a positive link between business strategies, management activities and organizational performance. Because it is often detailed that best business strategies produce outstanding organizational performance. This study used secondary method of data collection to review various empirical literatures on business strategies and their effects on organizational performance. The study was able to ascertain from various literature reviewed that business strategies such as (customer orientation, employee autonomy, communication, training and development job satisfaction, corporate social responsibility, motivational factors) have major role to play in organizational performance. Recognizing the causes of organizational performance is important especially in the perspective of the current global crises because it helps an organization to identify those factors that should be given priority attention in order to improve the organizational performance. Hence, this study recommends that business organizations should adopt appropriate strategies that would enhance adequate organizational performanc

    Evaluation of the Correlation between Mission Statement and Company Performances in the Banking Industry

    Get PDF
    For effective performance of any business, the enterprise must clearly define its purpose-driven mission statement, technology, values, concern for society and public image in order to survive, remain relevant and successful. All five factors are significant characteristics in mission statements that show how effective the organization can attain high productivity. This study was conducted to investigate the relationship between mission statement and company performance in the banking sector in Nigeria. Data were collected through the use of structured questionnaires administered to a pre-determined sample size of five selected major banks in Nigeria. Data were analyzed and the five hypotheses tested using correlation and multiple regression. This study shows that with purpose-driven mission statement, companies’ turnover, customers’ satisfaction, social responsibility and shareholders’ equity can be achieved. Though it is observed that to achieve the afore–mentioned factors, concepts such as purpose, technology, values, concern for society and public image should be regarded with extreme importanc

    Forecasting Effect of Creativity on Entrepreneurial Sustainability

    Get PDF
    Certain variables are important quest for managers of businesses to achieving high level of success for the benefit of the enterprise. This research investigated creativity as predictor to entrepreneurial success and performance. Creativity strategies needs to be formulated so as to help the entrepreneurs strategize by setting up grand plans that enable them attain competitive advantage in the marketplace. This could be in areas of creating new products to attract more customers. In addition, new process strategy are required by business entrepreneur’s managers to boost customer base of the organization and increase the sales volume. Others variables such as new market, new service, new value, new places and needs of consumers should be addressed. However, this study tries to find out the degree of improvement in entrepreneurial firm’s performance when creativity is adopted in the operations of the organization. To test the hypotheses for this study, quantitative survey method was used by distributing 350 closed ended questionnaires to entrepreneurs in some selected markets in Lagos state. Data analysis of the 288 completed questionnaires for this study was carried out with the use of Statistical Product of Social Scientists (SPSS 22). The study finds that creativity adaptation has a positive impact on return on investment and customer base of the sampled business enterprises. This study will be relevant to manufacturing firms and business enterprises who do not adequately adopt creativity strategy to operate at optimum capacity

    Archival Review of the Influence of Organizational Strategy on Organizational Performance

    Get PDF
    Improving on performance is of greater interest to all organization leaders in today's business environment. Researches t·elating to lat·ge, small and medium sized fit·ms constantly stress a positive link between business strategies, management activities and organizational performance. Because it is often detailed that best business strategies produce outstanding organizational performance. This study used secondary method of data collection to review various empirical literatures on business strategies and their effects on organizational performance. The study was able to ascertain from various literature reviewed that business strategies such as (customer orientation, employee autonomy, communication, training and development job satisfaction, corporate social responsibility, motivational factors) have major role to play in organizational performance. Recognizing the causes of organizational performance is important especially in the perspective of the current global crises because it helps an organization to identify those factors that should be given priority attention in order to improve the organizational performance. Hence, this study recommends that business organizations should adopt appropriate strategies that would enhance adequate organizational perfot·manc

    Review of Global Marketing Environment and Entrepreneurship Development

    Get PDF
    In recent times, globalization of new entrepreneurial ventures are both expanding and this may possibly contribute to a greater number of economic actors pursuing foreign markets. Empirical studies reveals that the expansion and acceleration of cross-border entrepreneurship should be considered in the light of substantial changes that has taken place in the past decades and that resulted in a reduction of transaction costs for undertaking international business. In view of this, business venture owners globally find avenues of taking their brands to global markets, but marketing environment at the global arena presents several challenges to overseas players. The political, cultural and technological atmosphere has many influence on entrepreneurial success in foreign markets. The purpose of this study is to understand the challenges that entrepreneurial firms encounter in trying to launch their brands in global market. This study adopted a secondary approach to data collection by reviewing archival literatures in this domain of investigation. This study concludes that cross-border business activities are essential avenues through which emerging entrepreneurs could create value, generate growth and access new knowledge and technologies via their exposure to foreign markets

    Qualitative Inquiry for Social Sciences

    Get PDF
    The goal of this study is to explore the analysis of qualitative interview transcripts without the use of a computer software. (Background]: Research into social problems, problems of deviation, of control and of crisis and the like, the general subject matter to which social problems is devoted is still mainly feasible through methods which yield qualitative data. (Problem Statement]: It is a common knowledge that many researchers are not too conversant with the best technique to analyse interview transcripts, particularly when they are not comfortable with the use of a computer analytical software. (Methods]: In-depth review of archival studies to present an approach to conveniently conduct qualitative research by reviewing secondary documents and referring to samples of manually analyzed transcript of recent authors. (Results]: This study provides an overview of important concepts related to qualitative content analysis. (Conclusions]: This research serves as a resource guide for qualitative researchers in social sciences investigation, discussing data collection techniques, data analysis, reporting, and the issues of trustworthiness, dependability, credibility and ethics .

    Enhancing the Performance of Agro-Based SMES:The Role of Entrepreneurship Competencies

    Get PDF
    The role of entrepreneurial competencies in enhancing the performance of SMEs, especially in the agro-based industry of developing economies such as Nigeria has not been discussed extensively in extant literature. Therefore, this research is focused on examining the role of entrepreneurial competencies in enhancing the performance of agro-based SMEs. The study used 232 copies of questionnaires that were administered to agro-based business owners and managers in Lagos State as the data gathered instrument. Data analysis was carried out using regression analysis to show relationships between the variables. At different levels, the findings revealed that entrepreneurial competencies relates with the firms’ profitability, customer base, organisational effectiveness, and sales growth. Therefore, the study recommended that entrepreneurial firms should consciously develop the ability of being sensitive to the environment and the ability to recognize opportunities in the market place

    Campus Entrepreneurship, Innovativeness and Business Productivity

    Get PDF
    The main purpose of this study is to examine the impact of institutional entrepreneurship and innovativeness on productivity of entrepreneurship ventures particularly those situated in institutions of higher learning in Nigeria. Giving that institutions are expanding beyond their main campuses admitting more students to different satellite campuses with different levels of infrastructures, skills, capabilities and necessities, it sought to find out if there was any significant improvement in business productivity by reason of introduction of innovation in entrepreneurs activities. This study formulated four hypotheses to find the level of relationship among the investigated variables. In order to test the hypotheses, the survey research method was used in a cross sectional design through the use of comprehensive questionnaires which were distributed to entrepreneurs in four tertiary institutions campuses situated in Lagos state. Results from regression analysis finds that innovation adaptation has a significant impact on labor and material productivity. In view of this, the researchers suggested that entrepreneurs should formulate and coordinate policies that will encourage these ideas to be made manifest in the labour capabilities of the enterprises. Hence, findings from this study will be useful for entrepreneurs who do not have adequate capacity to embrace innovation so as to produce at optimum capacity and gain competitive advantage as it would inform them of the innovation-enhancing role of productivity
    corecore