Abstract Organizations must adapt themselves to the empowered customer by implementing strategies that can sustain them in this competitive environment such as porter`s generic competitive strategy model differentiation, cost leadership, diversification, and new product development. Differentiation is a business strategy where firms attempt to gain competitive advantage by increasing the perceived value of their products or services relative to the perceived value of other firm’s products o...
ABSTRACT Worldwide, the public sector plays a central role in any country‟s socio-economic development. The sector has however been affected by globalization, public sector reforms, regional and international partnerships, climate change, information, communication and technology and human resource development, among other factors. In an increasingly changing global environment, the mandate, structure and operations of public sector must be reshaped and productivity enhanced to make it more...
ABSTRACT Performance of employees in banks among other institutions, has numerous human resource related issues. Workforce diversity has been a very critical issue in human resources due to increasing globalization. Organizations that want to remain competitive recognize that employing people with very diverse backgrounds and different capacities of thinking boosts their ability to stay ahead of the competition. Some of these key diverse characteristics in human resources includes age, race, ...
ABSTRACT Manufacturing is an important sector as it contributes to the country’s economic development and growth. It has the potential to generate foreign exchange earnings through exports and diversify the country’s economy. It is the platform through which Kenya intends to achieve its development goals of Vision 2030. The problem in the sector is huge untapped potential resources which if not checked can lead to economic crisis and also the high cost of production. Other than finan...
ABSTRACT A high number of quoted firms have registered declining financial performance in the recent years resulting to financial difficulties contrary to stakeholders’ expectations and adversely affecting the economic growth of the Kenyan economy. Financial structure choice and its impact on financial performance remains a great dilemma to all stakeholders. This study investigated the effect of financial structure on financial performance of selected firms listed at Nairobi Securities Exch...
ABSTRACT Downsizing is currently one of the most popular strategies being used by organizations in an effort to survive and compete in the current business environment. Despite the growth of downsizing, controversy surrounding its benefits still persists. However, since downsizing eliminates redundancies and reduces employment costs, many executives believe that this practice helps firms to compete efficiently and improve profitability. In Kenya, a multitude of private sector corporations, go...
ABSTRACT Effective implementation of procurement practices significantly improves the effectiveness of purchasing decisions and thus improved firm performance. To achieve this goal, procurement Practices must be fair, competitive and must control costs. if procurement is well managed, it adds value to an organization and save time and money as well. Key benefits of proper procurement management include value for money, protection and enhancement of the environment, more efficient use of resou...
ABSTRACT Implementation of appropriate strategies is a long and challenging process which depends on the available resources and scanning of the environment in which an organization exists among other factors. Many private and state corporations in Kenya rarely have implemented fully their formulated strategies to achieve desired goals and objectives. The aim of the study was to explore the relationship between organizational resources and strategic plans implementation in Administration poli...
Abstract Commercial banks and other financial sector players have faced a myriad of challenges ranging from globalization, heightened competition, uncontrolled market and unfavourable government policy. In Kenya most banks have gone into receivership and others winding up due to entry of many players into the market and therefore high competition. This had led to dwindling of profits, returns on assets, reduced investments and therefore instability. Majority of the commercial banks have cut o...
ABSTRACT The study seeks to investigate the factors that hinder performance of the women enterprises. Factors refers to constituent or element that brings about certain effects or results, or change in the enterprise while performance refers to the changes resulting from the constituent or element. The women enterprises are the numerous businesses managed by the women informal or formal and are used because of the efforts made by the government in gender mainstreaming policy. The problem of t...
ABSTRACT Tax plays a vital role in Kenyan economy as it finances the public expenditure of the country. Due to increased public spending, there is need to increase the revenue base. One of the sources of revenue for the Government is taxation. This calls for increase in compliance by tax payers as this increase in revenue may not be possible if the taxpayers are not compliant. One of the reforms which have been put in place by Kenya Revenue Authority to enhance tax collection is the online s...
ABSTRACT The Savings and Credit Cooperatives subsector is a key player in the provision of financial services to Kenyans. Savings and Credit Cooperative Societies play an important role in pooling of financial resources needed for investment and wealth creation. However, although the Savings and Credit Cooperative Societies spur economic growth through mobilization of domestic savings, it has been noted that several of them have been unable to fulfill their mandate of providing loans and ...
ABSTRACT In Kenya, the housing sector has been characterized by inadequacy of affordable and decent housing. There is a paucity of studies on the lack of growth and development of viable alternatives to the traditional real estate growth model despite incentives such as waiver of corporate tax on such products. Equally, there is a glaring lack of literature on enablers and constrains to the uptake of REIT in Kenyan market. The general objective of the study was to find out the determinants of...
ABSTRACT The independent variables of the study were; automation, information technology and human capital information systems while the dependent variable was field cost. The purpose of this study was to determine Tea Production Automation Influence on Selected Multinational Tea Companies Field Costs in Kericho and Bomet Counties, Kenya. The specific objectives which guided the study were to; examine the effect of automation, Information Technology and Human Capital information systems on Fi...
ABSTRACT ICT innovation has revolutionized the banking sector in a bigger way and their application has led into emergence of internet banking. As a result, consumers are shifting from tradition channels to digital ones leading to the new and popular trends of financial transactions. This research seeks to examine influence of internet banking on savings among low cadre employees in tea industry in Kenya. The specific objectives were: To determine the effect of Mobile Network Operations, esta...