IOSR Journal of Business and Management最新文献

{"title":"Enhancing Economic Performance of Nigerian Manufacturing Firms Using Quantity - Reorder Point Inventory Control System","authors":"O. AdesuyiI., C. NwekpaKenneth","doi":"10.9790/487X-1906043544","DOIUrl":"https://doi.org/10.9790/487X-1906043544","url":null,"abstract":"Purpose: The purpose of the study is to explore whether there is a relationship between quantity Reorder Point Inventory Control and Economic Performance of the manufacturing firms in Nigeria. Using flour mills as a focal point Design/methodology/approach: A quantitative research design was employed, of which secondary data obtained from the annual report and account of ten-year period (2004-2013) from the studied firms was used. Data collected were estimated using regression models of which Ordinary Least Square (OLS) form the basis for estimation. Using OLS, the various cost functions were estimated. Findings: The relationship between profit and inventory; Total Cost and Inventory were also determined. Reorder point, that is the level to which stock of wheat material is allowed to fall before ordering for another raw material was equally determined for each of the studied firms. The study found out that there is a significant positive relationship between profit and demand for wheat inventory; Total cost and Inventory at the studied firms. There is a significant relationship between Reorder Point and Time at the studied Firms also; Research limitations/implications: The study is limited to flour manufacturing companies in Nigeria whose transactions and financial records are made available at Nigeria stock exchange. The assumptions that the estimated cost functions in the study are linear is also a limitation. Normally, carrying cost and ordering cost are quadratic while total cost is cubic which is beyond the scope of the study. Practical Implications: To achieve better economic performance in any organization, the firm has to meet the three fundamental attributes of customer service which are availability; operational performance and service reliability. Availability explains the capacity of a firm having inventory when desired by a customer. Operational performance is all about required time to deliver customers’ order. Service reliability involves the combined attribute of logistics and the firm’s ability to perform all related activities as well as customer provision in critical information regarding operational logistics and status. The attributes involves shipment of damaged free goods; accurate invoicing and error free. All these are found to be enhanced by the use of Reorder Point Inventory Control System. Originality/value: The paper identified attributes of Quantity Reorder Point Inventory Control System as a technique that can enable flour manufacturing firms achieve economic performance. The findings are acknowledged to be unique because they emerged from a well-organized study that employed quantitative research design.","PeriodicalId":165213,"journal":{"name":"IOSR Journal of Business and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124480641","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Managing Small and Medium Scale Enterprises in A Competitive Marketing Economy","authors":"I. NwodoSylvanus, V. O. Okolo, N. Gerald, M. EzeEgodi, F. Enyi, C. Obikeze, I. OhanagoromMillicent","doi":"10.9790/487X-1906012131","DOIUrl":"https://doi.org/10.9790/487X-1906012131","url":null,"abstract":"This paper is focused on managing small and medium scale enterprises (SMEs) in a competitive economy. The objective of the paper is to critically and contextually examine some current business ideas and strategies which will not only help Nigerian small and medium scale business enterprises to survive the hard times but rather grow steadily and so become strong enough to contribute their quota to sustainable development in Nigeria. It identifies and exploits investment opportunities in small and medium scale enterprises; highlights preliminary considerations before venturing into SME, and essential tips in planning a small medium scale business and makes vital recommendations by drawing attention to some crucial areas of modern management which Nigerian small and medium scale enterprises would embrace to increase Gross Domestic Product (GDP) and raise the standard of living of all Nigerians. These areas or strategies include design and implementation of system; understanding and applying change management; strategic management/planning model; the environmental scanning model; total quality management (TQM); leadership, motivation/empowerment of our workers and of course team management, among others.","PeriodicalId":165213,"journal":{"name":"IOSR Journal of Business and Management","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129664069","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Business Enhancement and Youth Empowerment through Make in India Scheme","authors":"B. Gurubheemachar., B. KailashKrishnaPrasad.","doi":"10.9790/487X-190601107109","DOIUrl":"https://doi.org/10.9790/487X-190601107109","url":null,"abstract":"The Make in India Scheme is a remarkable initiative Campaign run by the Government of India to encourage the multinational and domestic companies at both national and international levels in order to facilitate and speed up the process of manufacturing products in India. The main agenda of this scheme is to raise the Gross Domestic Product of India. The emphasis is given on convincing the foreign companies to manufacture the products in India and thereby attracting the foreign investors to invest their capital in Indian Economy. The other important concern is that, this scheme can create enormous employment opportunities to the Youth of India and thus it would eventually creates a demand for skilled and trained people. Thus, the Indian Economy can be boosted to a maximum extent by this great initiative by the Government of India.","PeriodicalId":165213,"journal":{"name":"IOSR Journal of Business and Management","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127767797","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Outward Foreign Direct Investment from India","authors":"Trends Trends, I. Issues, Destination Determinants","doi":"10.9790/487X-1906041828","DOIUrl":"https://doi.org/10.9790/487X-1906041828","url":null,"abstract":"","PeriodicalId":165213,"journal":{"name":"IOSR Journal of Business and Management","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117003321","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Accounting and Finance Education in Nigeria: Challenges and Changes for Efficiency","authors":"M. Bashar","doi":"10.9790/487X-190601110113","DOIUrl":"https://doi.org/10.9790/487X-190601110113","url":null,"abstract":"In this study, an attempt was made to reflect into the historical development of Accounting and Finance education in Nigeria. It examined the various challenges bedeviling the system and the need to refocus because it provides an opportunity to appraise existing conditions with a view to correcting the ills and improving the current situation. The study revealed that development of accounting education in Nigeria has been affected by lack of teachers and research facilities and funding among others. The study recommended among others that government should stop paying lip service to education and the system should be redesigned to make it more responsive to the needs of the Nigerian society.","PeriodicalId":165213,"journal":{"name":"IOSR Journal of Business and Management","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122223949","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Cloud Accounting: A Theoretical Overview","authors":"Tahmina Khanom","doi":"10.9790/487X-1906053138","DOIUrl":"https://doi.org/10.9790/487X-1906053138","url":null,"abstract":"Accounting, being the language of business, has been serving every trade ever since its beginning. The practice of accounting has been improved significantly by the emergence of accounting software using the cloud technology, which is one of the tremendous IT innovations over the last decade. Today the ever-changing business world is becoming more and more competitive and sophisticated with the advancement of cloud technology. Like other sectors of business, accounting has also embraced cloud computing solutions in order to provide relevant and particular information as well as a real time overview of business for all stakeholders. Although cloud accounting is becoming more and more common day-by-day, many business owners and professionals are not quite sure about what it is, what its benefits are or how it will shape the future accounting. This paper has been made in an attempt to provide a theoretical overview of cloud accounting covering its concept, benefits, shortcomings, comparison with the traditional one and some other important aspects that may shape the accounting profession in the coming years. In this paper the information has been collected and prepared depending on the most recent studies and researches conducted by accounting professionals and expert opinions.","PeriodicalId":165213,"journal":{"name":"IOSR Journal of Business and Management","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131495843","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Social and Environmental Disclosures and Holistic Growth in the Positive Accounting Theory (PAT) View","authors":"I. U. O. Osifo, H. K. Fasua","doi":"10.9790/487X-1906030108","DOIUrl":"https://doi.org/10.9790/487X-1906030108","url":null,"abstract":"The objective of this study is to examine corporate social and environmental disclosure and holistic growth in the Positive Accounting Theory (PAT) view. Specifically, the paper investigates the relationship that exists between corporate social responsibility and Return on asset, leverage, and firm size. The data for this study were obtained from secondary source which were collected from the audited annual reports as well as accounts of the listed Deposit Money Banks in Nigeria. The paper is descriptive and highly empirical as it embraces the use of panel regression technique as tool of analysis. The regression analysis shows that corporate social and environmental is associated with: ROA, firm’ size, and leverage. Therefore, the outcomes confirm positive relationship between support the bonus plan hypothesis and political cost hypothesis, while association with debt/equity hypothesis is negative. The study recommends effective disclosure of corporate social responsibility as one of factors that brings about holistic growth.","PeriodicalId":165213,"journal":{"name":"IOSR Journal of Business and Management","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130389584","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Analysis of Performance-Based Budgeting System Implementation in Improving Organizational Effectiveness","authors":"Liwaul Liwaul, Rosika Rosika, H. Purwati, Hamryati Hamryati","doi":"10.9790/487X-1906026270","DOIUrl":"https://doi.org/10.9790/487X-1906026270","url":null,"abstract":"This study aimed to: 1) investigate and analyze the implementation of performance-based budgeting system in the Regional Secretariat of Wakatobi District: 2) analyze the organizational effectiveness in the Regional Secretariat of Wakatobi District. Object of the study was the Regional Secretariat of Wakatobi District. Population of the study was all staff at the Regional Secretariat of Wakatobi regency. Informants are determined through purposive sampling method using the following criteria: 1) knowing about the policy of involvement in performance of performance-based budgeting; 2) knowing about the policy of performance-based budgeting; 3) directly involved in the implementation of performance-based budgeting. Data were collected using interview and documentation methods. Data from the research were analyzed descriptively and qualitatively. Results infected that: 1) the application of performance-based budgeting in the Regional Secretariat of Wakatobi District has been done in consistently in accordance with the central government's rules and the Ministry of Finance's regulation, which encompasses everything from determining vision and mission, determining programs and activities , Formulating performance indicators, determining cost standards, activity spending, and making reports; 2) the performance achievement in the Regional Secretariat of Wakatobi District has been very effective.","PeriodicalId":165213,"journal":{"name":"IOSR Journal of Business and Management","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129329550","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Integrated Waste Management in PT. PJB UP Muara Tawar","authors":"Miradha Herdini Widiatmi, S. Amin, A. Asmoro, Catur Budi Prasetyo, K. Gunawan, T. R. Biyanto","doi":"10.9790/487X-1906056163","DOIUrl":"https://doi.org/10.9790/487X-1906056163","url":null,"abstract":"Now a day environmental issues, especially the domestical solid waste/garbage problems in Bekasi Distric are still an unresolved problem. The waste increase over the time due to increase in population and human activities. The waste problem are also an important issue for PT. PJB UP Muara Tawar power plant. The waste will contaminate the rain and river water then flow to the sea. As we know, the power plant condenser utilize sea water as cooling fulid. The sea water will flow through pump and filter. The waste contamined in water sea has posibility to clog the intake of filter. From management of PT. PJB UP Muara Tawar point of view, the sea water polution due to solid waste can affect the operation and maintenance of power plant, as well as the impact to the public healthy. Hence, this program is very important to the company and society and it is in line with Sustainable Development Goals (SDGs) i.e. \"clean water and proper sanitation\". This program was initiated by PT. PJB UP Muara Tawar and it is perfomed by society with the main objective i.e. increasing the income of society, improve clean environmental and society healthy. The program is performed by collecting garbage at waste processing facilities then sorted according to its type (paper or plastic). Plastic waste will be washed in the tub to remove dirt and put into the washing machine for further cleaning process. The waste put into the press machine to solidify and then the garbage sold to garbage collectors. This program have been succesfull implemented. From this program the society have been educated and achieve an extra income about IDR 5.9 million per month or in another word, this program can reduce waste about 2.5 tons per month.","PeriodicalId":165213,"journal":{"name":"IOSR Journal of Business and Management","volume":"04 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127431345","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Innovation in Rural Development - Bottom up Approach of Leadership to empowerpoor farmers","authors":"M. Gupta, S. Duggirala, V. Deshpande, S. Deshpande","doi":"10.9790/487X-1906033741","DOIUrl":"https://doi.org/10.9790/487X-1906033741","url":null,"abstract":"Social Entrepreneurship has been a tool to solving the problems of Food Security. It has been a sustainable development issue linked to economic development, environment and trade: the physical ability to access and the financial capability to afford food to meet people’s nutrition and diet in sync with their preferences. Dr M V Gupta, recipient of the World Food Prize in 2005 and the Sunhak Peace Prize in 2014 hailed as the pioneer of the Blue revolution wherein aquaculture and freshwater fish farming as an alternative solution to the food crisis of the future was provided. Working with NGOs, poor women and a bottom-up approach helped in mitigation of poverty, malnutrition and self-reliance. Sustainability issues were addressed effectively and helped poor farmers and rural families in large parts of South and Southeast Asia, covering Bangladesh, India, Vietnam, Thailand, Cambodia, the Lao PDR and Indonesia. The bottom up approach to empower the bottom of the pyramid populace is a sustainable solution by enabling them with relevant skill sets.","PeriodicalId":165213,"journal":{"name":"IOSR Journal of Business and Management","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117267121","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}