{"title":"Assessment of risk management practices in dangote cement factory, Ethiopia","authors":"Tafa Negero Moti, Birhanu Bona Getahun","doi":"10.5897/ajbm2020.9117","DOIUrl":"https://doi.org/10.5897/ajbm2020.9117","url":null,"abstract":"This study aimed to assess the risk management practices in Dangote Cement Factory, Ethiopia. Descriptive research design was employed in this study along with quantitative and qualitative research approaches. The total population was 353 of which 192 respondents were selected using simple random sampling technique. In addition to this, four managers were chosen for interview using purposive sampling technique. The primary information or data were gathered using structured survey which enclosed both open and close ended questions. Moreover, data were analyzed using both descriptive analysis like frequency and percentages and inferential statistics with the help of Statistical Packages of Social Scientist 20 version computer software. The findings of this study shown that there was no awareness created regarding training of the risk management process in the company. Moreover, packing plant risk and material risk were the most faced risks in Dangote Cement Factory. Finally, the study recommended that, the company is better to provide awareness creation, and continuous training, fulfilling personal protective equipment and establishing safety supervision staff committees.","PeriodicalId":7666,"journal":{"name":"African Journal of Business Management","volume":"24 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74115030","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":"Factors affecting revenue collection at Tanzania official seed certification institute (TOSCI)","authors":"Kyoma Avodi, Athanas Mwonge Lazaro, J. Emmanuel","doi":"10.5897/ajbm2021.9290","DOIUrl":"https://doi.org/10.5897/ajbm2021.9290","url":null,"abstract":"","PeriodicalId":7666,"journal":{"name":"African Journal of Business Management","volume":"99 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85691768","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":"What are the causes of small business failure in Burao, Somaliland?","authors":"Ahmed Kunle Mohamed","doi":"10.5897/ajbm2021.9328","DOIUrl":"https://doi.org/10.5897/ajbm2021.9328","url":null,"abstract":"Small business failure has been a wider problem in Somaliland in general and Burao in particular for years. Therefore, this study was conducted to identify internal and external causes that contribute to small business failure in Burao, Somaliland. This study was a survey research in which questionnaires were used to collect data from 200 respondents who were owners of failed small businesses. The data was analyzed using descriptive statistical tools with help of SPSS 21. Moreover, Relative Importance Index (RII) was employed to ascertain the most significant internal and external factors that cause small business failure in Burao, Somaliland. With regard to factors caused failure of the small businesses, the study found that the most powerful internal causes were: Lack of consultation with experienced and professional business people; ineffective advertising or promotional strategy; poor business site location; lack of knowledge of current business situation, lack of specific target market. Furthermore, the study exposed that the most significant external causes that brought small business failure were: poor economic conditions; high operating expenses like rents and wages, higher competition.","PeriodicalId":7666,"journal":{"name":"African Journal of Business Management","volume":"130 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79594134","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":"Investigation of the factors that influence Non-Muslims on the purchasing intention of Halal food in Korea","authors":"Osman Md","doi":"10.5897/ajbm2021.9240","DOIUrl":"https://doi.org/10.5897/ajbm2021.9240","url":null,"abstract":"The study aims to investigate the factors that influence South Korean non-Muslim customers' intention of purchasing Halal restaurants \"cooked foods\". There are three factors. This study indicated the intention of the non-Muslim customers to purchase Halal restaurant cooked foods is influenced by the healthiness, safety, and cleanness of foods and the Suwon area of South Korea. The attitude and subjective norm can help non-Muslim consumers form positive attitude towards Halal restaurant cooked foods. The finding will benefit both the academics and entrepreneurs who manage Halal business on how to improve their business. The outcome of the study supports a valuable situation applicable to non-Muslim legal bodies on the present purchasing intention of non-Muslim customers towards Halal restaurant's program. This will likewise help manufacturers and advertisers to serve their clients better to amplify their benefit. It defines a total base for non-Muslim government officials to underwrite the inclusion of non-Muslim business visionaries in the Halal cooked foods administration industry to improve the financial branches of its supporters and fulfilling their strict duties to Halal food restrurants.","PeriodicalId":7666,"journal":{"name":"African Journal of Business Management","volume":"56 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83889951","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":"Family CEO and company performance during the COVID-19 crisis: The case of Cameroon","authors":"D. W. Leopold","doi":"10.5897/ajbm2021.9260","DOIUrl":"https://doi.org/10.5897/ajbm2021.9260","url":null,"abstract":"This study analyses the resilience of family businesses in a developing country like Cameroon during the covid-19 crisis by applying measures of association, regression analysis, and comparison tests to data collected by administering a questionnaire on a panel of 280 companies of which 196 are family businesses and 84 non-family businesses. The results show that throughout the pandemic period, family companies are more resilient in terms of financial and social performance relative to non-family businesses. We also find that among family businesses, the most successful are those with a family member as CEO or those whose management is dominated by the family controlling the firm. The results extend former research by showing that family leadership is a form of management that can provide responses to unexpected events that affect the company. and social performance which are standardized on a scale ranging from 0 to 100. We are thus interested in the variations of these criteria and not in their absolute values. The psychometric p ope tie of thi cale a ea edu ing onbach’ alpha of 0.881 and 0.74 respectively for the financial and social dimensions. Subjective measurements of performance are used for two reasons. First of all, this study explores the consequences of COVID-19. Therefore it would otherwise be necessary to use the annual reports of 2020, which are not available at the time of developing this study (they will be available from June 2021 at the earliest). Also, the Cameroonian SMEs included in this study are not listed on the stock exchange, the financial and accounting information which they communicate in their annual reports have a limited degree of reliability or are not even available. It can thus use only subjective measurements to analyse their performance.","PeriodicalId":7666,"journal":{"name":"African Journal of Business Management","volume":"590 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77224476","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":"The influence of customer expectations, customer loyalty, customer satisfaction and customer brand loyalty on customer purchasing intentions: A case study of K-POP fans in Thailand","authors":"Suvittawat Adisak","doi":"10.5897/ajbm2021.9321","DOIUrl":"https://doi.org/10.5897/ajbm2021.9321","url":null,"abstract":"From 1992 on the K-Pop culture has spread from South Korea all over the world and Thailand is no exception. The objective of this study was to analyze the variables that influence purchasing intentions of K-Pop fans in Thailand in terms of customer expectations, customer loyalty, customer satisfaction and customer brand loyalty. The four hundred thirty-one Thai respondents provided great insights into the purchasing intentions of Thai K-Pop fans in terms of theoretical and practical applications. Overall, the customers were very satisfied with the artists and exhibited a high brand loyalty to the products endorsed by the K-Pop groups. The Korean performers met the expectations of their followers which also let them to be loyal to their favorite boy or girl group. Understanding Thai Korean Pop music fans and their purchasing behavior helps the artist to capitalize on their influence through product endorsement and advertisement contracts which in turn are based on ratings of the artists in the before mentioned categories. It is hoped to replicate this study in the future in other ASEAN countries and other parts of the world.","PeriodicalId":7666,"journal":{"name":"African Journal of Business Management","volume":"14 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79139304","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":"The Hallmarks of Strategic Management Accounting: seeking to support decision making processes","authors":"Jorge Suarez","doi":"10.32025/jbm22007","DOIUrl":"https://doi.org/10.32025/jbm22007","url":null,"abstract":"The objective of this paper is to systematize, classify and present diverse hallmarks regarding strategic management accounting that are essential to understanding this concept, its evolution over time, and its contributions to strategic decision-making and strategic targeting. Based on a qualitative and analytical methodology, a total of 66 papers on the topic obtained from Scopus and Science Direct were analyzed, and information was categorized according to certain criteria. The main idea is that strategic management accounting may contribute, through the supply of strategic and innovative information, to supporting how companies are strategically managed and their strategic decisions. The general conclusion is that this branch of accounting is still in a stage of consolidation, with developments in diverse areas to face the challenges derived from globalization, the free market, technological change and global competition, along with diverse challenges in training, management styles, and awareness of the importance of making decisions based on relevant and integral external and internal information. Keywords: strategic management accounting, management accounting, strategy, strategic decision-making JEL Classification:M410, M190.1BA School of Business and Finance, Latvia; National University of Colombia; e-mail: jsuarezt@unal.edu.co","PeriodicalId":7666,"journal":{"name":"African Journal of Business Management","volume":"34 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74479649","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 ENTERPRISE STRATEGIC LEADERSHIP FOR DELIVERING SHARED VALUE","authors":"Kristian PULTZ SCHLOSSER, T. Volkova","doi":"10.32025/jbm22002","DOIUrl":"https://doi.org/10.32025/jbm22002","url":null,"abstract":"Topicality: Success in every organization is tied to the quality of its leadership performance. The importance of solving societal challenges, including delivering shared value, is growing. While there are several findings when investigating the current literature, it is evident that there is a research gap in literature on social enterprise strategic leadership. A literature review is performed to investigate the current opportunities and challenges in social enterprise strategic leadership. Based on this initial literature review, a research gap associated with strategic leadership in social enterprises is identified and presented. Strategic leadership includes dimensions, attributes, and functions crucial in helping social enterprises to confront the challenges associated with the current dynamic business environment, steer organizations through change, and deliver shared value. The research aim: To provide an overview of literature on dimensions, attributes, and functions of social enterprise strategic leadership indelivering shared value. Methodology: Content analysis, bibliometric analysis, text mining analysis. Findings: Early exploration of this social enterprise strategic leadership topic indicates an increased complexity for strategic leaders in social enterprises delivering shared value compared with private enterprises. According to Jackson et al., the complexity lies within levels of ambiguity, fast-changing social trends and the lack of an established theoretical and practical knowledge base to rely on, making strategic leadership more challenging (Jackson et al., 2017). Another study identifies different attributes related to strategic leadership, such as cognition and diversity (Fernandes et al., 2021). Based on literature studies, the functions of strategic leadership are identified, such as making strategic decisions, engaging with external stakeholders, delivering business model innovation, and managing social issues and company performance. In social enterprises, strategic leadership must have the same functions as any other enterprise; however, the attributes and approach to these must differ. According to Jackson et al., purpose-driven strategic leadership makes it easier to stay true to the mission and engagement with stakeholders (Jackson et al., 2017). Novelty: As far as the authors are aware, this is the first scientific attempt to fill the research gap by bridging two parallel research streams on leadership. Stream 1:social enterprise scholars and stream 2: strategic leadership scholars. The social enterprise scholars stream focuses on strategic leadership driven to deliver social value; the strategic leadership scholars stream mainly focuses on competitiveness of business and sustainability of organizations. The attributes and functions of a social enterprise strategic leader are identified. Which are more dominant in relation to the enterprise life cycle, size, and scope must be subject to further research. Keywords: ","PeriodicalId":7666,"journal":{"name":"African Journal of Business Management","volume":"23 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87710155","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":"STRATEGIC RESILIENCE: A SYSTEMATIC REVIEW OF LEADING LITERATURE","authors":"Tim Colberg","doi":"10.32025/jbm22004","DOIUrl":"https://doi.org/10.32025/jbm22004","url":null,"abstract":"Topicality: The concepts of resilience, organizational resilience, and strategic resilience in management science have been gaining more and more attention in recent years. Strategic resilience, in general, can be understood as the capability to turn threats into opportunities. The overarching concept of organizational resilience describes the capability to respond to changes or adversity; however, the concept of strategic resilience is still underrepresented in research and not clearly distinguished within organizational resilience. The research aim: This paper aims to conduct a systematic literature review to develop a shared understanding of the concept of strategic resilience in business and management research. Furthermore, a future research agenda is provided from these findings. Methodology: The review examines the leading publications with the search term ‘strategic resilience’ in the ScienceDirect and Institute of Electrical and Electronics Engineers (IEEE) databases with a Boolean search. In total, 73 publications across 45 publication sources from 1979 to 2021 are used. Findings: Research on the resilience of companies and systems seems to trend upwards. Publications are concentrated primarily in journals with an environmental or sustainable background. The publications view resilience in terms of the cause of resilience, fields where resilience is applied, or the concept of resilience and strategic management itself. Novelty: Analyzing the existing research shows that strategic resilience can prepare a response to unforeseeable challenges or opportunities in a company by pursuing an ambidextrous organization that exploits operational resilience and explores strategic resilience to build organizational resilience. Keywords: resilience, strategic resilience, organizational resilience, uncertainty, organizational ambidexterity, dynamic capabilities. Paper classification: literature review","PeriodicalId":7666,"journal":{"name":"African Journal of Business Management","volume":"74 7 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87820936","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":"Technological unemployment – who is afraid of losing their job to a robot?","authors":"Katarzyna Prokopowicz","doi":"10.32025/jbm22001","DOIUrl":"https://doi.org/10.32025/jbm22001","url":null,"abstract":"Objective: The study aimed to identify, analyse and assess the mood regarding the possibility of employees losing their jobs and being replaced with robots and regarding methods of preventing technological unemployment. Methodology: In March 2021, an online survey of a group of economically active adults in Poland (N=158) was carried out. Using the Internet, the standardised survey was addressed to people selected by the author. Results: The research has shown that employees are not afraid of losing their jobs, yet almost 90% of respondents plan to increase their competencies. People in managerial positions focus on developing cognitive and social competencies, while people in other positions plan to develop technical competencies. Research limitations: The research did not include unemployed and digitally excluded people. The research sample was selected by the author. Therefore, we do not extrapolate the results to the general public. Practical implications: The study shows that employees do not yet fully perceive the problem of technological unemployment. However, when planning their development, they learn independently or choose courses. Low interest in developing competencies in studies may signal that universities should make changes in their pedagogical offering. Novelty: Most research in the field of technological unemployment deals with the description of a business phenomenon or perspective. There is relatively little research on attitudes and reactions of human capital to the phenomenon of technological unemployment. Keywords: technological unemployment, competencies, human capital, Industry 4.0Classification:research paper","PeriodicalId":7666,"journal":{"name":"African Journal of Business Management","volume":"49 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76558490","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}