Category Archives: International Journal of Management Studies, Business and Entrepreneurship Research 2017

Labour Turnover and Performance of Micro, Small and Medium Enterprises in Akure South Local Government Area of Ondo State, Nigeria

1. O. Ojo & A. O. Adedeji

Department of Business Administration

Federal University of Technology, Akure, Nigeria

E-mail: nikeolabimpe2016@gmail.com, aoadedeji@yahoo.com

Corresponding Author: A. O. Adedeji

ABSTRACT

The study investigated the effects of labour turnover on the performance of selected micro, small and medium enterprises in Akure South Local Government Area of Ondo State, Nigeria between 2010 and 2014.  The study sample consisted of 196 workers who were purposively selected from ten table water companies and ten bakeries respectively. These trades have high prevalence in the study area.  Frequency counts, averages, percentages, Likert-scale rating and Relative Importance Index as well as Pearson Product Moment Correlation Analysis (r) and Chi-Square (X²) statistics were employed for data analysis.  The study revealed that all identified challenges of labour turnover had adverse effects on performance of the selected micro, small and medium enterprises.  The study recommended an urgent need for micro, small and medium enterprises to engage in anticipatory strategic planning approaches to minimise the rate of labour turnover.

Keywords: Labour Turnover, Micro, Small and Medium Enterprises, Performance

“Impact of Management Practices in Industries in the Industrial – Free – Trade Zones in the South West and Littoral Regions of Cameroon: “Challenges and Prospects’’

Francis A. Fumenya

Department of Economics and Management

University of Buea, Buea, Cameroon

Email: fuamenya@yahoo.co.uk

ABSTRACT

In Cameroon of late, there is growing consciencious that the deleterious impacts of industrial activities on safety health and environmental quality has motivated government and industries to adopt environmental management practices such as the EMSs and EMA, that is, Environmental Management Systems, and Environmental Management Accounting respectively at the least. This paper however, examines the implementation of EMSs and EMA amongst others in industries in the Industrial –Free – Trade Zones of the South West and Littoral Regions of Cameroon that interact with its environment which has been affected by the effluents emanating from industrial activities.This paper also presents an overview of various initiatives like policies that have been crafted by the government of Cameroon to address the problems of industrial activity such as pollution etc. It also seeks to prescrible recommendations which could be used to save the regions, from industrial pollution. After the participation of Cameroon in the Earth’s Summit in Rio de Janerio, Brazil (1992), and ever since the publication of the Brunditland Commission’s Landmark Report ‘‘Our Common Future’’, in (1987), the government has taken significant steps to overhaul  its institutional framework vis – à – vis the regulation of industrial pollution. Through a questionnaire based survey carried but from January to July 2016 with the sampled industries in the Industrial – Free – Trade – Zones of the South West and Littoral Regions of Cameroon, data was collected. This paper also aims at addressing motivational factors, implementation hurdles as well as benefits accrued by these industries as a result of adapting environmental management systems in their management practices generally. Studies also support that many benefits arise as a result of EMSs and EMA enforcement, but the paradox is the plethora of hurdles that still persist in industries. Against this background, this paper concludes by prescribing recommendations that seek to promote management practices such as EMSs and EMA in industries in Industrial – Free – Trade – Zones in Cameroon.

Evaluation of Presidential Cassava Transformation Initiative on marketing of cassava products, produced by Micro-Scale Cassava Processing Enterprises in Southwest Nigeria

¹O. T. Okhankhuele, ²Z. O. Opafunso; ³O. O. Akinrinola & ⁴O. J. Ojo

¹Department of Business Administration, Federal University of Technology, Akure, Nigeria

²Deparment of Mining Engineering, Federal University of Technology, Akure, Nigeria

³Department of Agricultural and Resource Economics, Federal University of Technology, Akure, Nigeria

⁴Department of Project Management Technology, Federal University of Technology, Akure, Nigeria

Email:omotonia2013@gmail.com;zoopafunso@futa.edu.ng;ooakinrinola@futa.edu.ng; ojojo@futa.edu.ng.

Corresponding Author: O. T. Okhankhuele

ABSTRACT

This study evaluated the Presidential Cassava Transformation Initiative (PCTI) on Local and International marketing of cassava products, produced by Micro-Scale Cassava Processing Enterprises (MSCPE)in Southwest Nigeria. Survey design and multistage sampling technique (purposive sampling and proportionate stratified sampling) were used for the study. 292 respondents were selected for the study. However, 251 (86% of 292) questionnaires were retrieved from the MSCPEs in the six Southwest States. Data were collected from the respondents with the aid of structured questionnaire. The respondents consisted of the MSCPEs that took part in the initiative. Data collected were analyzed with descriptive statistic (percentage, mean score), and the hypotheses were tested with Analysis of Variance (ANOVA). The research instrument was validated by a senior lecturer in the Department of Agricultural and Resource Economics, Federal University of Technology, Akure, while Cronbach Alpha was used to test for reliability. The study revealed that the initiative had a significant influence on the local marketing of cassava composite products, produced by the MSCPEs in Southwest Nigeria, but the initiative had no significant influence on the international marketing of the cassava products, produced by the MSCPEs. The study therefore recommends that more efforts be made by the Government, to enhance Nigeria’s cassava value-added products and implement strategies that will help reduce the cost of producing industrial cassava products. This will make Nigerian cassava products more competitive with imported products, earn more foreign exchange for Nigeria, save importation bills, and attract more local and international demand for the products.

Keywords: Transformation; Initiative; Cassava; Marketing; Micro-scale; Processing Enterprises.