Business and economics journal最新文献

{"title":"The Implication of Naira Devaluation to the Nigeria’s Economic Development","authors":"U. Samuel, B. Udo, Kingsley Idogen Imolemen","doi":"10.4172/2151-6219.1000343","DOIUrl":"https://doi.org/10.4172/2151-6219.1000343","url":null,"abstract":"The fundamental intent of the study is to estimate the implication and affiliation flanked by economic development and Naira devaluation in Nigeria. The above intent shoot from assessing whether there are a significant affiliation and impact from devaluation to economic development proxied by (GDP). Which therefore forms the central argument of the study. The study by means of Classical Linear Regression Model (CLRM) adopts secondary data from 2000 to 2015. The Ordinary Least Square technique signifies the prime technique in relation to an array of other universal/ customary and analytical test. The R2 explains that 92% of the variation in GDP in the model study is explained by the principal regressors. Exchange and the inflation rate were sustained to have a positive and significant affiliation with GDP while, external debt, and public investment was negative and non-significant. The study established that devaluation is not peculiarly Nigerian. The results bare that devaluation does more harm than good within the Nigerian context since the needed prerequisite to ensure gains from devaluation are not present in the system.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"9 1","pages":"1-6"},"PeriodicalIF":0.0,"publicationDate":"2018-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000343","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41979012","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":"Effectiveness of Employees Compensation-Measured by Customer Satisfaction (Study Conducted at Private Banks of Ethiopia_Snnpr_Wolaita Sodo Branches)","authors":"Mengistu Matino","doi":"10.4172/2151-6219.1000341","DOIUrl":"https://doi.org/10.4172/2151-6219.1000341","url":null,"abstract":"Employee compensation refers to the benefits: cash, vacation, etc. that an employee receives in exchange for the service they provide to their employer. Employee compensation is generally one of the largest costs or expenses for any organization. It is the total amount an employee can expect to receive when working for an organization. The effectiveness of employee`s Compensation at Wolaita Sodo private banks are one of the work which have been doing or considering the main duties with the main sectors of banking to run market and marketing activities, construction sectors, and other complex business sectors by the help of an experts. The purpose of this study is to analyse some of the most important internal and external factors that affect the effectiveness of compensation on working condition or benefit of private banks in Wolaita Sodo City. In addition to this, the study evaluate the effects of firms’ ability to pay, employee productivity, compensation by laws and regulation, reward strategy as well as job requirements on the compensation system. Primary and secondary data are the main values that applied in this research study. To determine the study population, the researcher has used the stratified sampling method. The data collected from the whole respondents and used descriptive statistics. The data analysed using descriptive statistics such as, percentage, frequency distribution table and standard deviation and presented by using tables. \u0000The result from the analysis show that, many of internal and external variables have significant impact on Private banks compensation, while very few of them have no significant impact on banks compensation. \u0000This study is relevant to academician, researchers and industry people who work in the field of private banks. Besides on these research findings, the private bank heads of the Wolaita Sodo with concerned bodies may conduct the extra benefit by the help of the special significant variables and the sector should take care especially, the current government business systems. In addition to this, the other researcher may come up with different projects that let the workers to stay connected with the working organization.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"9 1","pages":"1-5"},"PeriodicalIF":0.0,"publicationDate":"2018-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000341","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41993378","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":"Executive Unconscious-Bias and Employee Job Satisfaction in Government Parastatals in Lagos State Nigeria","authors":"Fatunmbi Oladotun Muideen","doi":"10.4172/2151-6219.1000342","DOIUrl":"https://doi.org/10.4172/2151-6219.1000342","url":null,"abstract":"The study investigates executive unconscious-bias and job satisfaction in government parastatals in Lagos State, Nigeria. The descriptive survey research design was adopted while the simple random sampling technique was used to draw 120 sample respondents. Questionnaire rated on a 6-point Likert scale, was the main instrument for data collection, 120 copies of questionnaire. The descriptive statistical techniques of Percentiles and Pearson Correlation were used for data analysis with the aid of Statistical Package for Social Sciences (SPSS) software for editing and encoding. The result reveals that there is a weak negative relationship between executive-unconscious and job satisfaction among employees of the selected parastatals in the state (R=-0.193, p<0.05). The study recommends that it is imperative for executives to examine themselves and be self-aware of their unconscious biases so they can consciously work on them.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"9 1","pages":"1-4"},"PeriodicalIF":0.0,"publicationDate":"2018-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000342","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49249746","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":"Effect of Strategic Product Development Practices on Competitiveness of Kenyan Tea in the Global Market","authors":"E. W. Maina, F. Mugambi, E. Waiganjo","doi":"10.4172/2151-6219.1000340","DOIUrl":"https://doi.org/10.4172/2151-6219.1000340","url":null,"abstract":"Kenyan black CTC tea is applauded globally as a high quality product available all year round and sold as a blend and not as an original tea. The core objective of the study was to examine the effect of strategic product development practices on competiveness of Kenyan Tea in the global market. The study used cross-sectional survey design. The target population comprised of all 189 members of the East Africa Tea Trade Association (EATTA) who participate in the tea auction at Mombasa. Stratified sampling technique was used to select the study sample. Purposive sampling technique was used to select the managers who represented both the small-scale and large-scale producers. The sample was obtained using Slovin’s formula (1960); n=N/(1+Ne2). Structured and unstructured questionnaire was used to collect primary data. Pilot study tested for the validity and reliability. Cronbach’s Coefficient Alpha (α) was used to determine internal consistency. Collected data was analysed using SPSS to generate descriptive and inferential statistics. Pearson correlation coefficient (r) was derived while coefficient of determination (R2) was used to measure the amount of variation of the variables. The study findings indicated weak positive relationship of 31.0% between Strategic Product Development practices and Competitiveness. The study revealed that 1% change in Strategic product development practices decreased competitiveness of Kenyan in the global market by 0.089 units. Hence the conclusion that competitiveness of Kenyan Tea in the global market was influenced by other factors other than strategic product development Practices. The study recommended that other than strategic product development practices, the Kenyan Tea industry players should diverge from a long linear supply chain to a value network in order to make Tea a ‘hero’ crop and enable creation of a more sustainable industry and counter the escalating global competition.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":" ","pages":"1-5"},"PeriodicalIF":0.0,"publicationDate":"2018-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000340","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46636389","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":"An Enhanced Framework for Sentiment Analysis of Students' Surveys: Arab Open University Business Program Courses Case Study","authors":"M. Atif","doi":"10.4172/2151-6219.1000337","DOIUrl":"https://doi.org/10.4172/2151-6219.1000337","url":null,"abstract":"We present an enhanced framework for sentiment analysis which can be used for universities to improve student retention, teaching, and facilities. In addition, our proposed framework can be an important source for further analysis and improved decision-making. To best of our knowledge, this is the first work which targets student comments within surveys. We believe that students’ comments are a good source to capture the overall students’ sentiment. Our framework shows 0.8 accuracy when using 4 grams.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"9 1","pages":"1-3"},"PeriodicalIF":0.0,"publicationDate":"2018-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000337","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42905521","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":"Living Standard of Twelve Selected Somali Regions","authors":"Mustaf Abdullahi Abdirahman","doi":"10.4172/2151-6219.1000336","DOIUrl":"https://doi.org/10.4172/2151-6219.1000336","url":null,"abstract":"In the sense of my paper, the essence of standard of living is the material goods and necessities available to a certain socioeconomic class or a certain geographic area. The study purpose is to find out the standard of living for a panel of twelve selected regions among the eighteen regions in Somalia. The cost of minimum basket (CMB) together with estimated educational fees, high school salary and the exchange rate (ER) from periods of 2009 to 2016 are considered as the study constructs. Random effect model is applied. Cross regional analysis is also employed to check which regions do have higher living standards. The results show a positive and significant relationship between CMB and high school salary and between ER and CMB. For the cross regional analysis, Mudug, Nugaal and Bari have got higher standard of living compared to the other regions. Lower Juba, Togdheer and middle Shabelle have lower standard of living.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":" ","pages":"1-3"},"PeriodicalIF":0.0,"publicationDate":"2018-01-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000336","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43466496","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":"A Conceptual Framework for the Influence of Entrepreneurial Orientation and Environmental Dynamism on Marketing Innovation Performance in SMEs","authors":"Maikudi Shehu Musawa, K. Ahmad","doi":"10.4172/2151-6219.1000361","DOIUrl":"https://doi.org/10.4172/2151-6219.1000361","url":null,"abstract":"The main purpose of this paper is to provide a conceptual framework on the role of entrepreneurial orientation (EO) in enhancing marketing innovation performance in the context of Small and Medium Enterprises (SMEs) as it has been recommended to improve SMEs performance as a result of adopting the three principal business procedure. The paper was motivated by the importance of SMEs towards job creation, poverty reduction and economic development in most economies particularly among the developing countries. The SMEs sector has more flexibility in the face of environmental change when worldwide competition is becoming more powerful. At this edge of an economy, the level of innovation is the key to their success, growth, and survival. Thus achieving a workable marketing innovation system as well as improving services delivery are becoming critical. The existing literature demonstrates that the effectiveness of SMEs is reliant on the state of environmental influences. The environmental dynamism shapes the achievement of SMEs objectives and overall innovation performance. This study proposes the research framework on the effect of EO on marketing innovation performance. As postulated in the study, EO standin through the five measurements of autonomy, innovativeness, risk-taking, proactiveness and competitive aggressiveness enables a firm to act resourcefully and organize its resources in a way that contributes to marketing innovation performance due to the tendency to act autonomously, the trend to be aggressive toward competition, to proactively pursue market opportunities, and to have the willingness to innovate and bear the risk. On this basis, this study further postulated that environmental dynamism moderates the relationships between the five dimensions of EO and marketing innovation performance.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"9 1","pages":"1-8"},"PeriodicalIF":0.0,"publicationDate":"2018-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000361","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70227947","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":"A Class of Multi-Attribute Auction Transformed into Single-Attribute Auction on Margin Bid","authors":"M. F. Bashir","doi":"10.4172/2151-6219.1000352","DOIUrl":"https://doi.org/10.4172/2151-6219.1000352","url":null,"abstract":"Designing a multi-attribute auction can have many advantages especially in concerning different attributes besides price. Nevertheless, the complexity of this method makes it hard to carry out the optimal mechanism. This paper combines the first sealed auction mechanism with multi-attribute auction, and gives a method of transforming multi-attribute auction into single-attribute auction by bidding in deposit. The analysis indicates that this method can just not only reduces the transaction risk caused by suppliers who will abandon the bid, but also makes the multi-attribute auction more easier to implement and operate; Besides, the method meets the incentive compatibility and participation constraint conditions under which the highest bidding supplier will win the auction; On the other hand, it also shows that equilibrium price and equilibrium quality increase as the efficiency parameter increase, but equilibrium delivery time increase when it decrease. More importantly, it is really interesting and inspiring that this method can bring more expected profits to the buyer comparing with traditional auction.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"9 1","pages":"1-8"},"PeriodicalIF":0.0,"publicationDate":"2018-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000352","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70228041","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":"Consumers' Perspective on Cab Services in Guwahati","authors":"S. Saha, Jupitara Kalita, Sangit Saha","doi":"10.4172/2151-6219.1000364","DOIUrl":"https://doi.org/10.4172/2151-6219.1000364","url":null,"abstract":"Urbanization and expansion of cities add great load to the city traffic. As large number of people try to find a comfortable mode of transport, numerous minds work to provide the service and drive a business. The introduction of app based cab services and radio taxis is primarily a new concept in the Indian context. The success of such services in the metropolitan cities of India has lured the companies to start their operation in the major cities of the country and are slowly heading towards the urban and semi urban areas. The facilities and tariff rates provided by these companies are unmatched. The impatient generation of today, wish to get everything in their fingertips and these companies have provided them with just that. Now, people can book a taxi from a mobile and avail the service of transportation within minutes. The physical, laborious and time consuming job of a taxi hunt is eliminated with a search algorithm in the servers of these cab companies. The study on consumers’ perspective on the cab services in Guwahati gives us a glimpse of the viewpoint of people towards the facilities provided by such companies. The lack of published literature on the topic indicated the potentiality of research in this field. Hence, personal interviews, review of published newspaper articles have been referred to get a hold over the topic and frame a questionnaire for the survey. From the survey conducted, it is seen that Uber and Ola are the prime players. People of Guwahati city are satisfied with the services of the companies but want more facilities to be provided.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"9 1","pages":"1-5"},"PeriodicalIF":0.0,"publicationDate":"2018-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000364","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70228262","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":"An Empirical Examination of the Determinants of Food Insecurity among Rural Farm Households: Evidence from Kindo Didaye District of Southern Ethiopia","authors":"Ermias Ganamo Gazuma","doi":"10.4172/2151-6219.1000345","DOIUrl":"https://doi.org/10.4172/2151-6219.1000345","url":null,"abstract":"The major aim of this study was to assess the determinants of food insecurity among rural farm households in Kindo Didaye district, Ethiopia. Data for the study was obtained from 160 randomly selected farm households by using structured questionnaire. To select sample respondents, the stratified sampling technique was used. The adapted FGT index, Coping Strategy index and binary logit model were used for data analysis. The finding from FGT index revealed that 70.62 percent of households in the study area were found food insecure. The depth and severity of food insecurity were found 37% and 25.6%, respectively. The logistic regression model result showed that factors such as household size, livestock ownership of households, land size, opportunity to off-farm activities, and distance to the local market were found significant factors influencing households’ food security status. Thus, promotion of family planning, enhancing livestock packages, and creation of rural employment opportunities are recommended.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"24 1","pages":"1-12"},"PeriodicalIF":0.0,"publicationDate":"2018-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.4172/2151-6219.1000345","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70226823","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}