{"title":"STRATEGIC MANAGEMENT PRACTICES AND PERFORMANCE OF MILK PROCESSING FIRMS IN NAIROBI CITY COUNTY, KENYA: CASE OF BROOKSIDE DAIRY LIMITED","authors":"","doi":"10.46281/aijssr.v15i1.2238","DOIUrl":"https://doi.org/10.46281/aijssr.v15i1.2238","url":null,"abstract":"Strategic management plays a critical role in organisations. Intense competition and other factors have necessitated applying strategic management practices in various industries. These practices focus on the factors that lead to the failure or success of different organizations. This study investigates the influence of strategic management practices and performance of milk processing firms in Nairobi City County, Kenya. The study employs descriptive research to collect and analyse data. This study utilises a census approach to collect data from all the respondents. Moreover, questionnaires were also utilised to gather from the respondents. The study ensured that informed consent, confidentiality, and anonymity were observed during data collection and processing. The correlation analysis findings showed that the Pearson coefficient was within the range of 0.5 and 0.8, and the correlation coefficient was 0.873, indicating that a strong and positive relationship existed between strategic management practices and the performance of milk processing firms. The findings showed that the adjusted R2 was 0.749, signifying that strategic management practices and prospects explained 74.9 % of the variations in the performance of milk processing firms. Notably, the major findings from the study indicate that strategic management practices significantly influence firm performance. Each independent variable in the study plays a role in the performance of firms in this industry. The study, therefore, concluded that environmental scanning, strategy formulation, strategy implementation, and strategy evaluation significantly influence milk processing firms' performance in Nairobi City County.","PeriodicalId":503391,"journal":{"name":"American International Journal of Social Science Research","volume":"40 14","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-08-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141928356","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":"PUBLIC FINANCIAL MANAGEMENT PRACTICES AND PERFORMANCE OF SELECTED COUNTY GOVERNMENTS IN KENYA","authors":"Winnie Mong’are, G. Atheru, ID Orcid","doi":"10.46281/aijssr.v14i1.2128","DOIUrl":"https://doi.org/10.46281/aijssr.v14i1.2128","url":null,"abstract":"Although county governments were introduced for devolution, misappropriation and corruption hinder this objective. This study aimed to examine how financial management practices affect the performance of Central Rift County governments. The research was informed by agency, institutional, and stewardship theories. A descriptive research design was used. The target population was employees within Nakuru County’s public finance sector. A census of all 80 employees was done, and a Cronbach alpha of 0.7 was used to determine the reliability of the research instruments. Secondary data was collected from published materials from county and government agencies. Data was analyzed through the statistical package for social sciences to provide inferential and descriptive statistics. The study revealed that county governments use budget implementation, regular reviews, and monitoring to improve compliance and performance. There was a moderate positive and statistically significant correlation between public budgeting on the performance of Central Rift County governments (r = 0.443; p < 0.05); an average positive and statistically significant correlation between public financial reporting on the performance of Central Rift County governments (r = 0.441; p < 0.05); a moderate positive correlation between public revenue mobilizations on the performance of Central Rift County governments (r = 0.441; p < 0.05), and a moderate positive correlation between public finance procurement on the performance of central rift county governments (r = 0.441; p < 0.05). There is a need to realign the budget processing and reporting format in conformity with IPSAS reporting standards.","PeriodicalId":503391,"journal":{"name":"American International Journal of Social Science Research","volume":"28 46","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139237514","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}