Job Promotion and Employee Performance among the Administration Police in Bungoma County, Kenya
Belyndah Shitakwa Ligare, Dr. Kadian Wanyonyi Wanyama and Dr. Victor Lusala Aliata
DOI : 10.36344/CCIJEMMS.2020.v01i02.004 | Cross Current Int J Econ Manag Media Stud, 2020; 2(2): 34-41.
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According to Kenya Police Service Annual Crime Reports (KPSACR) of 2016, the number of criminal offences is still on the increase with the 2013, 2014 and 2015 reports evidencing an offence number of 71832, 72,490 and 73,376 respectively. Based on this upward trend, it is still unclear if the trend is related to human resource practices such as job promotion as applied in the administration police which in turn have an effect on the performance of the administration police. In the service industry, especially the Kenya National Police Service, little research has been conducted on job promotion and employee performance especially in Bungoma County. The purpose of this study was to establish the influence of job promotion on the performance of administration police. The study adopted a descriptive survey design. The target population was 1,318 administration police officers in Bungoma County rom which a sample size of 384 respondents was used. Questionnaires were the main instruments used to collect primary data. Stratified random sampling, simple random sampling and systematic random sampling techniques were used. Data was analyzed using both descriptive and inferential statistics. Reliability analysis gave an average Cronbach alpha value of 0.8034 which indicated that the instruments were reliable. Results of the study showed that there was a statistically significant positive relationship between job promotion and employee performance and that job promotion accounted for 71.3% (R2 = 0.713) variations in the employee performance. It was concluded that if job promotion was well executed in the administration police, the performance of the staff would be enhanced. The following were the recommendations of the study: organizations should adhere strictly to its promotion policy, ensure promotion process is fair and that employees are promoted based on merit. The findings of this study is expected to inform administration police management policy makers, the government
Diversification Expansion Strategies and Performance of Savings and Credit Co-Operative Societies in Turkana County, Kenya
Napua Shadrack Lomuria, Dr. Kadian Wanyonyi Wanyama and Dr. Catherine Laura Mamuli
DOI : 10.36344/CCIJEMMS.2020.v01i02.003 | Cross Current Int J Econ Manag Media Stud, 2020; 2(2): 22-33.
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Studies in the Savings and Credit Co-Operative Societies (SACCOs) sector have recently received a lot of attentions globally and locally. The SACCOs have experienced growth and diversification in the range of products and services in the market. The purpose of this study was to establish the effect of expansion strategies and performance of SACCOs in Turkana County, Kenya. The study sought to establish the effect of diversification expansion strategies on performance of SACCOs. The study was anchored on the Resource Based Theory and Igor Ansoff’s Theory. The research designs of the study were descriptive and correlational research designs. Target population was 234 respondents consisting of thirty-five (35) SACCOs managers and 199 Secretariat drawn from the 35 SACCOs in Turkana County. Purposive and stratified sampling techniques were used. The questionnaire was used as the data collection instrument. This study employed the Cronbach’s alpha coefficient as a measure of reliability of research instruments at threshold of 0.7 and above. The study used construct validity of the instruments, and content validity to make structured changes for the purpose of improvement and refinement before embarking on the actual data collection process. Data analysis and interpretation was based on descriptive statistics as well as inferential statistics using SPSS version 22. Results of the study were that: diversification expansion strategies had a positive, linear and significant (p-value is less than 0.05) association with the performance of SACCOs. Diversification expansion strategies had 53.9% variations on the performance of SACCOs. It was concluded that as the company invests more and implements diversification expansion strategies, the performance of SACCOs would improve. Results showed that diversification expansion strategies were more implemented had more effect on performance of SACCOs than expansion strategies. It was recommended that the management of SACCOs should inv
Risk Analysis: A Panacea for Capital Budgeting Decisions
Inyang, Felix Bassey
DOI : 10.36344/CCIJEMMS.2020.v02i01.001 | Cross Current Int J Econ Manag Media Stud, 2020; 2(1): 1-9
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The purpose for every business undertaking is profit which serves as a return from investment activities. Profit creation in business will forever remain a mirriage if business activities are not properly anticipated, planned and coordinated. Risk analysis is one of the major means of projecting the future outcome of any business before a decision to embark on it or not can be taken, hence the reason for this study. In this study, the researcher observed the role that risk analysis played in investment decision making (capital Budgeting) in business organizations, determine the level of acceptability of risk analysis as investment decision tool, ascertain the impact financial risk analysis has in the evaluation of projects viability and investment portfolios selection, and make recommendations to stakeholders in the investment sector in Nigeria using Niger Mill Ltd, Calabar as a case study. The statistical instruments employed to collect data for this study are questionnaires and oral interviews which constitute the primary sources, while published textbooks, Journals and internet materials serve as the secondary sources of data. The sampling method used for this study is the stratified random sampling method, while chi-square (x2) statistical model was used to test the three hypotheses formulated for this work. Major findings made from this study are that; there is a high level of acceptability of risk analysis as a major tool for investment decision, staff of various organizations in Nigeria are well acquainted with the various methods of financial risk Analysis, there are enough trained hands in the country to handle risk analysis related issues, and the fact that there can be no meaningful investment decision without a proper financial risk analysis.
Impacts of Foreign Direct Investments (Fdi) On the Nigerian Economy
Inyang, Felix Bassey
DOI : 10.36344/CCIJEMMS.2020.v02i01.002 | Cross Current Int J Econ Manag Media Stud, 2020; 2(1): 10-21
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Foreign Direct Investment (FDI) is real investment interaction of the rest of the world with domestic economy. Whether this interaction mar or make economic growth depends on the area of strength of each country and usage. The relative increased trend of FDI into the extractive industry especially during the present democratic dispensation compared to the non – extractive sectors pose a question as to whether the quantum add the same way to economy growth in the country, hence this study. The study was meant to determine the effect of foreign direct investment on the Nigeria economy with the ultimate purpose of looking at the relative performance of foreign firms in both the private and public sectors of the economy, determine the relationship between foreign investment and growth of Nigerian economy, as well as evaluate the various contributions of FDI to technological and expertise base of Nigeria. To enhance efficient and effective prosecution of the study, a total sample size of fifty(50) respondents out of a total population of one hundred (100) staff of the foreign exchange market and banks ( both senior and junior were selected for the study). The investigation made use of both primary and secondary sources of data. While text books, journal articles, and other internet materials were reviewed for secondary data, personal Interviews and questionnaires were also used as instruments to gather primary data for the work. A total of nine (9) research questions and two (2) research hypotheses were formulated and used in this study, just as the study was based on stratified random sampling design. Some of the major findings of this work include that FDI; has significant impact on economic growth of Nigeria, accelerates infrastructural development in Nigeria, contributes to the development of Nigeria economy, has positive and negative Impacts on an economy, is adequately spread to all the sectors of Nigerian economy, represents a cornerstone strat
Public Service Reforms and Employee Performance in Selected Public Service Organizations in Anambra State
Ezieke Anthea Ogochukwu and Onuorah, A. N
DOI : 10.36344/CCIJEMMS.2019.v01i06.001 | Cross Current Int J Econ Manag Media Stud, 2019; 1(6): 141-148
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This research examined public service reforms and employee performance in public service organizations in Anambra State. The study employed descriptive research design and questionnaire was the major instrument for data collection. A total of one hundred and ninety three (193) staff from selected public service organizations in Anambra state made up the population of the study and complete enumeration was adopted. Spearman Product Correlation was used to analyse the data. The findings revealed that there is significant but weak relationship between monetization of fringe benefits and employee commitment in public organization. Analysis also showed that there is significant relationship between capacity building and employee job satisfaction in public service organization. It is therefore concluded that an efficient public service, acts as catalyst in the development of nations and to be at utmost performance, employee of government institutions need to be motivated in quantifiable and non-quantifiable attributes to ensure increase in performance. Hence, it was recommended that economic revelation of the policy should be encouraged. The three tiers of government should allocate a sizeable proportion of their annual budget to capacity building efforts in all critical sectors of the economy so as to effectively meet up with the man power demands.