Introduction: This study investigates how innovation affects business performance in small and medium-
sized enterprises (SMEs) in an up-and-coming market, like Nigeria. Data was collected from
200 respondents of six SMEs companies based in Nigeria. Innovation was measured using
the OECD Oslo scale (2005). The study demonstrated that there is a high correlation among
factors used to measure innovation. And secondly, innovation was found to influence
business performance.
Introduction: The study identified existing corporate entrepreneurship (CE) activities in the
telecommunication industry in Nigeria, examined it influence on the growth of the industry
and ascertained the effect of employee retention strategies on CE activities. It also assessed
the challenges confronting corporate entrepreneurship activities and employee retention
strategies in the industry.
Introduction: Organisational culture has become increasingly prominent in all sectors of industry. It is
proposed that if improvements in performance and quality of work are to be achieved, basic
and procedural changes must be accompanied by changes in culture. Therefore, there
arose a need for a better understanding about the nature of organisational culture and how it
can be explored for organisation's advantage. The study adopted a survey design whereby
questionnaire was administered to 200 respondents from the banking sector. The study
used items drawn from the Denison organisational culture survey to measure culture and
effectiveness. The findings from the study showed that the response rate is 90% and that
mission has the strongest contribution to culture.
Introduction: In order to increase employee morale in organizations, it is necessary to create appropriate
foundation in the organizational environment. In such organizations, where effective factors
in the building of employees morale, are implemented completely and correctly, efficiency
has been observed to be at its peak. The research provides reward techniques for business
organization to understanding what motivate employee through remuneration practices of
the organization. The research followed an in depth questionnaire administered to
employees of a telecommunication organization. The result suggested that a careful
consideration of job security, prospect of career progression apart from monetary rewards is
essential for organizational development and change in employee initiative and boost in
employee morale.
Introduction: The current outlook of business has endorsed to the fact that human resource is the most
attractive and valuable asset of an organization. Moreso, this realization could further be
strengthened by the use of Human resource information system (HRIS). It is a
transformational tool for HR managers that serve as a connection between operations and
implementation. The study investigated the relationship between human resource
information system and human resource management (HRM) practices. Data was collected
from employees in the management levels of Food and Beverage firms in Nigeria. The result
shows HRIS influences HRM practices with improvement in communication, decision-
making, workflow processes and it is viewed as a synergic factor that gives support to
employee in the achievement of competitive advantage.
Introduction: The objective of the study was to evaluate the influence of brand image and promotional mix on consumer buying decision. Descriptive survey research design was adopted as the study guide. Judgemental and purposive sampling techniques were used in which four hundred (400) copies of the research instrument were administered to beverage consumers in Lagos State, Nigeria, out of which three hundred and eighty four (384) copies of the questionnaire were filled and returned. Pearson Product Moment correlation was used to analyse the data generated from the respondents. The findings revealed that brand image, advertising, sales promotion and personal selling have significant influence on consumer buying decision at. 01 level (2-tailed). The study concluded that the way a product is promoted coupled with the brand integrity of such product encourages consumers to purchase it and make repeat purchase of it, and as well enhances the referral of such product to other prospects. The study therefore recommended to the organizations, especially those that engage in the marketing of the fast-moving consumer goods, to focus on distinct promotional mix, as the study empirically proved that perception of brand image is capable of influencing consumer buying decision on sustainable basis. It is also recommended that each marketing company should adopt a combination of promotional mix that can bring about distinct outcomes in terms of turnover, improved market share, customer retention, profitability, and productivity among others.
Introduction: This paper investigates the impact leadership style on organizational climate in the Nigerian insurance industry. The empirical study was conducted via a multi-respondent survey of 15 insurance companies quoted on the floor of Nigerian stock exchange as at 31st December, 2013. Using the framework from Ojokuku., Odetayo and Sajuyigbe (2012), factors manifesting organizational climate were canonically correlated and regressed on the key factors manifesting leadership styles. While leadership style was measured using six dimensions (charismatic, transactional, transformational, autocratic, bureaucratic and democratic) proposed by Ojokuku., Odetayo and Sajuyigbe (2012), organizational climate was measured through a set of questionnaire that we developed based on the eight organizational climate dimension proposed by Litwin and stringer (1968). Findings based on the survey revealed that leadership style positively affected organizational climate in the Nigerian insurance industry. Specifically, our results suggest that apart from autocratic and bureaucratic leadership styles; transactional leadership style, democratic leadership style, charismatic leadership style, and transformational leadership style are the key leadership styles that influenced organizational climate in the Nigerian insurance industry. The model provides predictive implications on improved organizational climate, given the activities of critical variables manifesting successful leadership styles.
Introduction: The objective of the study is to determine the extent to which multinational firms have spurred up economic development in Nigeria. Multinational Corporations (MNCs) are those having operations in more than one country. They are subjects to changes in international exchange rates, tariffs, duties, and restrictions on trade. The most successful ones have established production points where labour is cheap, and secures affordable transportation to deliver to their markets. The study used scholarly journals, articles, and textbooks to review the activities of multinational firms in relation to Nigeria’s economic development, in relation to growth and development, technology transfers and policy issues. From the exploratory literature, the study discovered that multinational corporations have contributed to the economic development of Nigeria, though varies, the extent of technology internalization and transfers still remains a mirage, while some of the MNCs still engage in unethical business practices that soils their image and the image of Nigeria. Specifically, the gap in technology intensities from MNCs in Nigeria seemed to be widening despite the recent comparative improvement in FDI inflows into the country. Consequently, there is urgent need to upgrade learning and capabilities of the local firms in the country, through the formulation of strategic FDI and technology transfer policies to safeguard the possible negative impact of the declining FDI inflow from MNCs. However, to further attract foreign investors, Nigeria should strengthen and broaden policies to facilitate cost effectiveness by reducing tariffs on imported inputs, as well as, improvement in …
Introduction: The objective of the study was to investigate the influence of leadership style on employees’ performance in selected private universities in Ogun State, Nigeria. Descriptive survey research design was adopted as the study guide. Multi stage sampling technique was used for this study due to the varied characteristics of the institutions. Five hundred (500) copies of questionnaire were administered to academic and non-academic staff in the selected private universities out of which four hundred and thirty five (435) copies were filled and returned. Pearson Product Moment correlation was used to analyse the data gathered from the respondents. The study revealed that only transactional leadership style have no significant influence on employees’ performance while charismatic and transformational leadership styles has positive and significant influences on employees’ performance in selected private universities in Ogun State, Nigeria. The validation of charismatic and transformational leadership styles, by our model, as the key leadership styles that influenced employees’ performance in our study, therefore provides predictive implications on improved employees’ performance, given the activities of these leadership styles.
Introduction: In this present world, a modern telecommunication infrastructural development is not only essential for domestic economic growth, but also a prerequisite for participation in the increasingly competitive world market and for attracting new investments. The main objective of the study is to examine the effect of promotional mix (advertising, sales promotion, public relations, personal selling, and direct marketing) on customer patronage among telecom subscribers in Lagos and Ogun States, Nigeria. Survey research design was used for the study. Data was collected through the use of questionnaire. Descriptive statistics was used to analyze the respondents’ biodata while multiple regression analysis was used to test the hypothesis formulated. Findings of the study revealed that advertising, sales promotion, public relations, personal selling, and direct marketing had significant effect on customers’ choice of mobile telecommunication network in Lagos and Ogun States, Nigeria. Advertising, sales promotion, public relations, personal selling, and direct marketing had significant effect on customers’ expense among telecom subscribers in Lagos and Ogun State. The study concluded that customer patronage will increase in mobile telecommunication firms when they provide adequate information about the services they offer through sufficient advertisements, publicity, personal selling, and direct marketing as well as provide the needed incentives that will encourage rapid purchase of their offers. The study recommended that telecommunication service providers should put in more efforts in their advertisement campaigns, carry out frequent sales promotion …
Introduction: The study examined the effect of organizational culture on firm innovativeness in General
Hospital, Epe, Lagos State. Survey research design was employed and primary data obtained via
the use of self-administered questionnaire. Simple random sampling was utilized and 171 staff
from different departments of the hospital, made up the sample size. Structural-functionalism and
innovative diffusion theories underpinned the study. Descriptive statistics and simple regression
analysis were applied for data analysis. The findings revealed that bureaucratic culture had no
significant effect on process innovation (? = 0.193, t = 0.846, p>0.05). Supportive culture had
significant effect on organizational innovation (? = 0.816, t = 4.440, p<0.05). Innovative culture
had significant effect on market innovation of the hospital (? = 0.409, t = 3.085, p<0.05). The
study concludes that the practice of bureaucratic culture, supportive culture and innovative culture
leads to improved business models, encourage employees’ creative abilities, enhanced
technologies and better ways of attracting and retaining customers.