ABSTRACT Public procurement plays a leading role in the attainment of political, economic and social goals of a country through provision of goods, works and services. However, material quality defects, compromised order cycle time, lead time and poor contract management among others, are rampant. For instance, The NYS lost over Kshs 791milion in 2015 and Kshs 10.5 Billion in 2018 fraudulent procurement deals. This pilferage could be partly attributed to institutional factors. Despite th...
Motivation is the term used to describe those processes, both instinctive and rational by which people seek to satisfy the basic drives perceived needs and personal goals, which trigger human behaviour. This study sought to investigate the factors that motivate employees in the workplace and their relationship to employee performance with special reference to National Social Security Fund. The researcher adopted a descriptive research design. The target population for this study was all the e...
ABSTRACT Corporations want to learn how to manipulate day after today’s possibilities as appropriately as they manipulate modern corporations. Competitive strategies employed by using firms of their operations vary widely. The present day operational set-up inside the banking enterprise in Kenya is a turbulent one and exceptionally aggressive marketplace situation. To ensure survival and sustainability inside the marketplace place banking industries in Kenya require adopting a competitive s...
An Investigation Of Training Methods Used By Parastatal Organisations In Kenya A Case Study Of Kenya Seed Company Limited
ABSTRACT Financial reporting communicate to outside world about a corporate’s financial performance and position, and represents managements’ accountability to shareholders on stewardship role of resources entrusted to them. In the recent past there have been instances of financial reporting misrepresentation leading to lack of confidence in financial reporting credibility and loss of investors’ wealth. In response to corporate financial reporting scandals, regulators have responded by ...
ABSTRACT Global competitive environment characterized by technological advancement and customer dynamics have continued to increase pressure to businesses in the financial industry forcing them to re-think their customer satisfaction strategies for sustainability. Technological advancement has brought about consumer awareness resulting into consumer rights groups, availability of competing brands and substitutes that have increased consumer demand. A report by the DT SACCO regulator on the in...
ABSTRACT The service industry has consistently been characterized by persistent operational inefficiency and poor customer services and in order to address the problems of inefficiency in service delivery these organizations are fast adopting TQM in order to make them effective in meeting public demands. Despite the fact that quality management practices have been recognized by many organizations as capable of transforming the quality culture and producing substantial financial results for la...
ABSTRACT Strategic planning is important for strategic management of companies. The concept of strategy may have had its original underpinnings in the military and its war efforts, over many decades it has become a mainstay and a major process in for-profit and not-for-profit organizations. Strategic planning in the Ministry of Local Government is now being appreciated not only as an external tool introduced under the Public Sector Reforms Programme but as an important medium term planni...
ABSTRACT Implementation of structural adjustment program and ensuing market liberalization opened the Kenyan market, leaving businesses at the mercy of market forces. As a result, businesses face stiff rivalry and register low performance in terms of profits growth and sometimes even losses are incurred. This could be credited to lack of proper strategic expansion planning. Some of the forces of change that have greatly influenced the banking industry include intense competition, regulations ...
Abstract In creating local authorities, the vision of the ministry of local government is to have "viable, autonomous, accountable and responsive local authorities." Finance is critical to the achievement of this vision since it directly affects the operation of local authorities and the wide range of services that they are responsible for delivering. This study sought to establish if Kenyan Local Authorities suffer from financial distress and if so the extent of such distress. It furthe...
ABSTRACT Monitoring and evaluation is a crucial aspect of project management which collects systematic data of any project fro inception to implementation.The Constituency Development Fund (CDF) Act of kenyaand Implementation Guidelines from the Constituency Development Fund (CDF) Board focuses on the Constituency Development Fund (CDF) projects monitoring and evaluation, a responsibility tied ondifferent stakeholders of the project. Overtime, there have been various and varying problems faci...
ABSTRACT Capital structure is a prevalent subject that has continued to pose a challenge among the scholars in the field of finance and has increased remarkable attention since 1950’s. Capital structure is a word used to signify the composition of debt and equity that a firm uses to finance its operations. The capability of a firm to define its capital structure is a complex assignment to attain. The key sources that organizations may get their finances from are internal funding which are r...
ABSTRACT Electronic marketing has become central part to efficient operations of many sectors of the economy. In recent years hotel sector has experienced poor performance due to emerging technological trends, competition, security and economic growth of hospitality industry. Hence, many studies have propounded influence of E-commerce on performance of tour firms as a key determinant. While some others postulate that internet marketing determines the performance of hospitality industry, many ...
ABSTRACT ISO9001 Quality Management Systems certification is a business strategy aimed at bolstering the wayorganizations are managed and direct them towards realization of their competitive advantage. It is a strategic business approach that creates standards for business management systems expected to exceed customers' expectations (Tricker and Sherring-Lucas, 2005), and comprises eight principles structured in sections which show aspects of quality (Evans and Lindsay, 2009). On the other h...
ABSTRACT Internal control systems are put in place to ensure safe custody of all assets, detect, and safeguard against probable frauds. Commercial banks in Kenya are struggling with liquidity problems, untimely financial reports, and inefficient accountability for the firm's financial resources. Financial and accounting issues, such as financial misappropriation and fraud are currently rife in the Kenyan commercial banks. In the recent past, CBK had put three banks under receivership. The stu...