{"title":"The role of financial literacy and risk management in venture capital accessibility for minority entrepreneurs","authors":"Shadrack Obeng, Toluwalase Vanessa Iyelolu, Adetola Adewale Akinsulire, Courage Idemudia","doi":"10.51594/ijmer.v6i7.1328","DOIUrl":"https://doi.org/10.51594/ijmer.v6i7.1328","url":null,"abstract":"This research paper explores the critical role of financial literacy and risk management in enhancing venture capital accessibility for minority entrepreneurs. It delves into the challenges minority entrepreneurs face, including systemic biases, limited access to resources, and inadequate financial education, which hinder their ability to secure venture capital. The paper emphasizes the importance of an integrated approach that combines financial literacy and risk management to improve business viability, investor confidence, and overall success. Key policy recommendations include developing targeted financial literacy programs, increasing access to mentorship and professional networks, and advocating for diversity and inclusion within the venture capital industry. The conclusion reiterates the significance of financial literacy and risk management in overcoming barriers to venture capital and suggests future research directions to further address these gaps. \u0000Keywords: Financial Literacy, Risk Management, Venture Capital, Minority Entrepreneurs, Policy Interventions.","PeriodicalId":507950,"journal":{"name":"International Journal of Management & Entrepreneurship Research","volume":"3 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141813524","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":"Building the capacity of education department heads and training to meet the demands of educational innovation today","authors":"MA. Phan Thanh Cong, MA. Tran Thi Hanh Hiep","doi":"10.51594/ijmer.v6i7.1339","DOIUrl":"https://doi.org/10.51594/ijmer.v6i7.1339","url":null,"abstract":"The Education and Training Department Head is the head of the Department of Education and Training (DOET), responsible to the People's Committee, the Chairman of the People's Committee at the district level, and the law for the implementation of the functions, tasks, powers, and all activities of the DOET. The article focuses on clarifying the functions, tasks of the DOET department head, the requirements for the DOET department head in the current context, and proposing a capacity framework for Education and Training department heads to meet the demands of educational innovation in the current context. \u0000Keywords: DOET Department Head, Educational Innovation, Capacity Framework.","PeriodicalId":507950,"journal":{"name":"International Journal of Management & Entrepreneurship Research","volume":"44 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141813455","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}
Wagobera Edgar Kedi, Chibundom Ejimuda, Courage Idemudia, Tochukwu Ignatius Ijomah
{"title":"AI Chatbot integration in SME marketing platforms: Improving customer interaction and service efficiency","authors":"Wagobera Edgar Kedi, Chibundom Ejimuda, Courage Idemudia, Tochukwu Ignatius Ijomah","doi":"10.51594/ijmer.v6i7.1327","DOIUrl":"https://doi.org/10.51594/ijmer.v6i7.1327","url":null,"abstract":"This review paper examines the integration of AI chatbots in small and medium-sized enterprise (SME) marketing platforms, focusing on their impact on customer interaction, service efficiency, and future implications. AI chatbots, powered by advancements in natural language processing and machine learning, have revolutionized customer service by automating routine tasks, providing 24/7 availability, and personalizing interactions based on user data. The paper explores historical developments, current trends, and applications of chatbots in SMEs, highlighting benefits such as cost efficiency and improved service processes. Furthermore, it discusses emerging technologies in chatbot development and outlines long-term benefits for SMEs, including enhanced customer satisfaction and operational efficiencies. Practical recommendations for SMEs considering chatbot integration are provided to optimize implementation and leverage this technology effectively in their marketing strategies. \u0000Keywords: AI Chatbots, SME Marketing, Customer Interaction, Service Efficiency, Automation, Future Trends.","PeriodicalId":507950,"journal":{"name":"International Journal of Management & Entrepreneurship Research","volume":"38 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141813329","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}
Augusta Heavens Ikevuje, David Chinalu Anaba, Uche Thankgod Iheanyichukwu
{"title":"Revolutionizing procurement processes in LNG operations: A synthesis of agile supply chain management using credit card facilities","authors":"Augusta Heavens Ikevuje, David Chinalu Anaba, Uche Thankgod Iheanyichukwu","doi":"10.51594/ijmer.v6i7.1293","DOIUrl":"https://doi.org/10.51594/ijmer.v6i7.1293","url":null,"abstract":"Revolutionizing procurement processes in LNG operations is essential for ensuring efficient and cost-effective supply chain management. This paper presents a synthesis of agile supply chain management (SCM) principles using credit card facilities to streamline procurement processes in LNG operations. The integration of credit card facilities offers a flexible and efficient alternative to traditional procurement methods, enabling LNG companies to adapt quickly to changing market conditions and customer demands. The paper begins by discussing the challenges faced by LNG operations in traditional procurement processes, including lengthy approval processes, limited supplier options, and lack of transparency. It then introduces the concept of agile SCM and its principles, highlighting its potential to address these challenges and improve procurement efficiency. The synthesis of agile SCM principles with credit card facilities is explored in detail, focusing on how this approach can transform procurement processes in LNG operations. By utilizing credit card facilities, LNG companies can simplify the procurement process, reduce paperwork, and improve transaction speed. This approach also offers greater flexibility in supplier selection, allowing companies to quickly onboard new suppliers and respond to market changes. The paper also discusses the benefits of this approach, including cost savings, improved supplier relationships, and enhanced operational efficiency. Case studies and examples are provided to illustrate the application of agile SCM using credit card facilities in LNG operations. In conclusion, the synthesis of agile SCM principles with credit card facilities offers a transformative approach to procurement in LNG operations. By adopting this approach, LNG companies can enhance their competitive advantage, improve procurement efficiency, and drive overall operational excellence in the LNG industry. \u0000Keywords: Revolutionizing, Procurement Processes, LNG Operations, Credit Cards Facilities, Agile Supply Chain Management.","PeriodicalId":507950,"journal":{"name":"International Journal of Management & Entrepreneurship Research","volume":"56 23","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141644326","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":"Comprehensive approach to claim assessment in construction project","authors":"Muritala Omeiza Umar, Adah Dominic Ochigbo","doi":"10.51594/ijmer.v6i7.1291","DOIUrl":"https://doi.org/10.51594/ijmer.v6i7.1291","url":null,"abstract":"Effective claim management is crucial in construction projects to ensure fair resolution of disputes, control costs, and maintain project schedules. This article analyzes the claim assessment practices in construction projects across four regions: Malaysia, the United Kingdom (UK), Vietnam, and Lagos (Nigeria). By examining successful claim assessments, identifying lessons from disputed claims, and conducting a comparative analysis, the study uncovers effective strategies and common challenges in claim management. Key findings highlight the importance of comprehensive documentation, proactive claim management, and the use of advanced tools such as Building Information Modeling (BIM) and Project Management Information Systems (PMIS). Successful projects often employed robust documentation practices, clear communication channels, and advanced analytical tools to resolve claims efficiently. Lessons learned emphasize the necessity of clear contract terms, regular training for site staff, and standardized procedures to mitigate disputes. Recommendations for practitioners include implementing robust documentation practices, adopting proactive claim management, enhancing communication and collaboration, using advanced analytical tools, and engaging independent experts. The article also identifies areas for future research, such as the impact of emerging technologies, the effectiveness of Integrated Project Delivery (IPD), and the role of Continuous Professional Development (CPD) programs in enhancing claim management skills. By adopting these best practices and addressing identified challenges, project stakeholders can improve the efficiency, accuracy, and fairness of claim assessments, contributing to the successful completion of construction projects. \u0000Keywords: Claim, Construction, Contract, Delay, Documentation, Management, Project.","PeriodicalId":507950,"journal":{"name":"International Journal of Management & Entrepreneurship Research","volume":"27 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141647749","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}
Augusta Heavens Ikevuje, David Chinalu Anaba, Uche Thankgod Iheanyichukwu
{"title":"Cultivating a culture of excellence: Synthesizing employee engagement initiatives for performance improvement in LNG production","authors":"Augusta Heavens Ikevuje, David Chinalu Anaba, Uche Thankgod Iheanyichukwu","doi":"10.51594/ijmer.v6i7.1292","DOIUrl":"https://doi.org/10.51594/ijmer.v6i7.1292","url":null,"abstract":"Cultivating a culture of excellence is paramount for success in LNG production, and employee engagement plays a central role in achieving this goal. This abstract explores the synthesis of various employee engagement initiatives aimed at enhancing performance in LNG production facilities. Effective employee engagement initiatives are essential for fostering a culture of excellence within LNG production facilities. By empowering employees and promoting a sense of ownership and commitment, organizations can unlock the full potential of their workforce and drive continuous improvement in performance. This abstract examines a range of employee engagement strategies tailored specifically for the unique challenges and demands of LNG production. These initiatives encompass various aspects of employee engagement, including communication, training and development, recognition and rewards, and fostering a supportive work environment. Communication lies at the heart of effective employee engagement. Open and transparent communication channels facilitate the exchange of ideas, feedback, and information, fostering collaboration and alignment towards common goals. Additionally, regular communication helps employees feel valued and informed, enhancing their sense of belonging and commitment to the organization. Investing in training and development opportunities is another critical aspect of employee engagement in LNG production. By providing employees with the skills and knowledge they need to excel in their roles, organizations can empower them to contribute meaningfully to the success of the operation. Continuous learning opportunities also demonstrate a commitment to employee growth and development, which can boost morale and job satisfaction. Recognition and rewards programs play a crucial role in reinforcing desired behaviors and motivating employees to perform at their best. Whether through monetary incentives, public recognition, or other forms of acknowledgment, recognizing employee contributions fosters a culture of appreciation and reinforces the organization's values. Finally, creating a supportive work environment that prioritizes employee well-being and work-life balance is essential for sustaining high levels of engagement and performance. Providing resources such as wellness programs, flexible work arrangements, and opportunities for social connection helps employees feel supported and valued, leading to greater job satisfaction and commitment. In summary, cultivating a culture of excellence in LNG production requires a multifaceted approach to employee engagement. By implementing a range of initiatives focused on communication, training and development, recognition and rewards, and fostering a supportive work environment, organizations can empower their employees to thrive and drive continuous improvement in performance. \u0000Keywords: Cultivating, Culture of Excellence, Performance Improvement, LNG Production, Employing Engagement Initiatives.","PeriodicalId":507950,"journal":{"name":"International Journal of Management & Entrepreneurship Research","volume":"32 41","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141645445","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":"Innovations in Project Monitoring Tools for Large-Scale Infrastructure Projects","authors":"Muritala Omeiza Umar, Azubuike Chukwudi Okwandu, Dorcas Oluwajuwonlo Akande","doi":"10.51594/ijmer.v6i7.1294","DOIUrl":"https://doi.org/10.51594/ijmer.v6i7.1294","url":null,"abstract":"Innovations in project monitoring tools are paramount for the effective execution of large-scale infrastructure projects. This study aims to explore the transformative role of these tools in enhancing project performance, accuracy, and efficiency. The research employs a comprehensive review of existing literature, case studies, and the latest advancements in project monitoring practices. The study highlights that integrating digital tools such as Building Information Modeling (BIM), unmanned aerial vehicles (UAVs), and Geographic Information Systems (GIS) significantly improves project coordination and real-time decision-making. Automated progress monitoring technologies reduce reliance on manual data entry, enhancing the accuracy of project assessments. Additionally, sensor-based monitoring techniques enable predictive maintenance strategies, extending the lifespan of aging infrastructure. The findings underscore the importance of interoperability among digital tools and the need for robust monitoring models capable of adapting to the dynamic nature of infrastructure projects. Web-based applications and systems engineering principles further enhance the efficacy of project monitoring by providing real-time data and facilitating efficient communication among stakeholders. In conclusion, the integration of innovative project monitoring tools is pivotal for the successful execution and management of large-scale infrastructure projects. These technologies not only enhance project performance and reduce risks but also ensure sustainable and long-term infrastructure development. The study recommends continued research and investment in advanced monitoring systems to address existing challenges and unlock new opportunities for improving project outcomes. Embracing these innovations will be crucial for the construction industry to meet future demands and achieve higher standards of efficiency and sustainability. \u0000Keywords: Building Information Modeling (BIM), Unmanned Aerial Vehicles (UAVs), Geographic Information Systems (GIS), Automated Progress Monitoring, Predictive Maintenance, Project Performance Optimization.","PeriodicalId":507950,"journal":{"name":"International Journal of Management & Entrepreneurship Research","volume":"15 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141646419","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":"Specialized training organization for faculty members at educational institutions, developing educational management officials","authors":"Dr. Tran Thi Thom, MA Ha Thi Ngoc","doi":"10.51594/ijmer.v6i7.1281","DOIUrl":"https://doi.org/10.51594/ijmer.v6i7.1281","url":null,"abstract":"The faculty team plays a crucial role in determining the quality of education in institutions. To meet the demands for enhanced training quality, educational institutions and training centers for educational management officials need strategies and training plans to develop the specialized skills and expertise of faculty members. Within this framework, the author discusses various issues related to the professional skills and expertise of faculty members, proposing directions for organizing training to enhance their professional capabilities in educational institutions and training centers for educational management officials. \u0000Keywords: Faculty, Training, Professional Expertise, Education Management Training.","PeriodicalId":507950,"journal":{"name":"International Journal of Management & Entrepreneurship Research","volume":"107 36","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141667234","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}
David Chinalu Anaba, Azeez Jason Kess-Momoh, Sodrudeen Abolore Ayodeji
{"title":"Digital transformation in oil and gas production: Enhancing efficiency and reducing costs","authors":"David Chinalu Anaba, Azeez Jason Kess-Momoh, Sodrudeen Abolore Ayodeji","doi":"10.51594/ijmer.v6i7.1263","DOIUrl":"https://doi.org/10.51594/ijmer.v6i7.1263","url":null,"abstract":"Digital transformation is reshaping the oil and gas industry, driving efficiency improvements and cost reductions across its operational landscape. This paper explores the profound impact of digital technologies such as automation, IoT, big data analytics, AI, and machine learning. These technologies optimize exploration, drilling, production, and maintenance processes by enabling real-time monitoring, predictive maintenance, and data-driven decision-making. Key benefits include enhanced operational efficiency through streamlined processes, reduced downtime, and optimized resource utilization. Digital twins and AI-driven analytics are pivotal in prolonging asset lifespan, improving safety protocols, minimizing operational risks, and enhancing overall productivity. Despite these advancements, legacy infrastructure, cybersecurity risks, and organizational resistance pose significant hurdles. However, overcoming these challenges presents opportunities for innovation and competitive advantage. Looking ahead, the future of digital transformation in oil and gas lies in emerging technologies like blockchain, AR/VR, and quantum computing, which promise to revolutionize industry practices further. Successful adoption of digital transformation strategies is crucial for companies that navigate market complexities, achieve sustainability goals, and maintain leadership in a rapidly evolving global landscape. \u0000Keywords: Digital Transformation, Oil and Gas Industry, Automation, IOT, AI, Predictive Maintenance.","PeriodicalId":507950,"journal":{"name":"International Journal of Management & Entrepreneurship Research","volume":" 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141671980","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":"Innovative digital marketing strategies for SMEs: Driving competitive advantage and sustainable growth","authors":"Tochukwu Ignatius Ijomah, Courage Idemudia, Nsisong Louis Eyo-Udo, Kikelomo Fadilat Anjorin","doi":"10.51594/ijmer.v6i7.1265","DOIUrl":"https://doi.org/10.51594/ijmer.v6i7.1265","url":null,"abstract":"In the rapidly evolving digital landscape, small and medium-sized enterprises (SMEs) must adopt innovative digital marketing strategies to drive competitive advantage and sustainable growth. This review explores the critical components and benefits of leveraging digital marketing for SMEs, emphasizing how tailored strategies can enhance market presence, customer engagement, and business performance. SMEs face unique challenges in resource allocation and market competition, necessitating cost-effective and impactful marketing approaches. Innovative digital marketing strategies, including search engine optimization (SEO), social media marketing, content marketing, email campaigns, and data-driven analytics, provide SMEs with the tools to compete effectively against larger enterprises. By utilizing these strategies, SMEs can achieve greater visibility, attract a broader audience, and convert prospects into loyal customers. SEO and content marketing play a pivotal role in enhancing online visibility and organic traffic. By producing high-quality, relevant content and optimizing it for search engines, SMEs can improve their search rankings and attract targeted audiences. Social media platforms offer powerful channels for engaging with customers, building brand awareness, and fostering community. Through targeted advertisements and influencer partnerships, SMEs can reach specific demographics and drive engagement. Email marketing remains a cost-efficient strategy for maintaining customer relationships and promoting products or services. Personalized email campaigns can nurture leads, encourage repeat business, and build customer loyalty. Additionally, data-driven analytics enable SMEs to measure campaign performance, understand customer behavior, and make informed decisions to refine marketing efforts. The integration of innovative technologies such as artificial intelligence (AI) and machine learning further enhances digital marketing capabilities. AI-driven tools can automate tasks, provide insights into customer preferences, and optimize marketing strategies in real-time. For instance, chatbots can improve customer service, while predictive analytics can forecast trends and personalize marketing messages. In conclusion, innovative digital marketing strategies are essential for SMEs seeking to drive competitive advantage and sustainable growth. By embracing SEO, social media marketing, content marketing, email campaigns, and data-driven analytics, SMEs can maximize their marketing impact, enhance customer engagement, and achieve long-term business success. Leveraging these strategies allows SMEs to remain agile, responsive, and competitive in the dynamic digital marketplace. \u0000Keywords: Innovative, Digital Marketing, SMEs, Sustainable Growth, Competitive Advantage.","PeriodicalId":507950,"journal":{"name":"International Journal of Management & Entrepreneurship Research","volume":" 95","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141672722","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}