School of Business and Economics
Permanent URI for this collectionhttp://41.89.31.6:4000/handle/123456789/320
Welcome to School of Business and Economics collection.This collection contains Journal articles published by faculty affiliated to the school.
Browse
5 results
Search Results
Item How Stock Sourcing Affects Growth of Small and Medium-sized Enterprises in Imenti North Sub-County, Kenya(International Journal of Professional Practice (IJPP), 2021-09) Mutunga, Winnie Kathure; Gichohi, Paul Maku; Moguche, AbelProcurement optimization has become critical in fostering growth of businesses. Quality goods issued by suppliers generate revenue that translates to economic growth. However, growth of SMEs in Imenti North Sub-County has been low. The purpose of this study was to analyze the influence of stock sourcing on growth of small and medium-sized enterprises in Imenti North Sub-County, Kenya. According to micro and small enterprises Act number 55 of 2012, and MSE bill, Sessional Paper No. 2 of 2005, SMEs comprises firms that have staff population of between 10-100 employees, and a turnover of Kshs500, 000 to 30,000,000. There are 31 SMEs specialized as supermarkets, hotels and restaurants, manufacturing firms, assembly firms, whole sale and retail outlets, and processing firms. The study was guided by resource-based view theory and used descriptive survey research design to collect data from a target population of 10 SMEs specializing in manufacturing in Imenti North Sub-County. Simple random sampling method was used to select 20 percent of a target population of 250 respondents. Hence, 50 Head of Departments in sales and marketing, operations, compliance, finance and procurement officers were selected and issued with closed-ended questionnaires. Data was analysed using SPSS. Descriptive statistics such as mean, percentage, frequency, standard deviation were computed while hypotheses were tested using regression analysis. The study found out that unitary, stock-sourcing predicted seventy five percent of growth of SMEs variable. The remaining percentage was due to other factors. The study concluded that stock sourcing had a positive significance on the growth of SMEs in Imenti North Sub-County, Kenya. The study reccommends that procurement oversight authority in Kenya develops policies to ensure that various suppliers are vetted and the information availed to SMEs owners for making stock sourcing decisions.Item The Influence of Data Management on Market Access by SMEs in Trans Nzoia County, Kenya(Journal of Entrepreneurship & Project Management, 2021-09) Musungu, Tom Wekesa; Rintari, Nancy Gacheri; Gichohi, Paul MakuAccessing a sustainable market should be a priority for SMEs. It helps to expand their business horizons and get new opportunities and clients. New opportunities promote the urge of SMEs to employ all legally possible means to offer their products and services to the identified markets. As SMEs strive to ensure their products and services reach out to people both locally and internationally, the effective use of ICT, especially handling business data, was a major concern to SMEs in Trans Nzoia County, Kenya. This study aimed to establish the influence of data management on market access by SMEs in Trans Nzoia County. A descriptive research design was used in the study. The target population was 37 SMEs whose respondents were 92 ICT officers, 81 compliance officers, and 77 marketing officers. Data collection was done using interview guides and closed-ended questionnaires. To ensure validity and reliability, pilot-testing of questionnaires was done at Kenya Cooperative Creameries in Elgeiyo Marakwet County. Coded data in SPSS was analyzed quantitatively using descriptive statistics such as mean, percentage, and standard deviation. The qualitative data were analyzed using the thematic technique. Linear regression was used to test the hypothesis of the study. The study established that the decisions made by the SME management did not originate from reliable sources such as business intelligence systems but rather on personal experiences, emotions, and cheap and available options. Through the authorization of their boards, SMEs should employ staff who have adequate skills and experience in managing and analyzing data to provide direction on why certain decisions should be made.Item Influence of Coffee Pricing on Reviving Coffee Production in Cooperative Societies in Meru County, Kenya(Journal of Entrepreneurship and Project Management, 2020) Sabari, Eliphus Muchunku; Gichohi, Paul Maku; Rintari, NancyPurpose: The purpose of this study was to examine the influence of coffee pricing on reviving coffee production in cooperatives societies in Meru county, Kenya. Methodology: A descriptive survey research design was used in the study. The respondents were the coffee farmers and managers from coffee cooperative societies. A sample of 30%, that is,42 cooperative societies in Meru county was considered. Coffee farmers were sampled using simple random sampling for those who met inclusion and exclusion criteria, while all managers in all the sampled cooperative societies participated in the study. Data collection was done using closedended questionnaires and interviews. To ensure validity and reliability, pre-testing of questionnaires was done on 10 active coffee farmers, while pre-test interviews were administered to 5 managers from Kamuthi housing cooperative society of Murang’ a County. Coded data in SPSS 24.0 computer program was analyzed quantitatively using descriptive statistics such as mean, percentage, and standard deviation. Univariate regression and multiple regression were used to test the hypothesis of the study. Tables, graphs, and detailed explanations were used to present the final results of the study. Results: Coffee pricing had the highest average mean score of 4.42 and a standard deviation of 0.89. The model summary of coffee pricing indicated that R-value was 0.932 and R-square was 0.869. This confirmed that coffee pricing predicted 86.9 % of the revival of coffee production. While being interviewed managers came out strongly that effective coffee pricing had increased new customers; there were improved sales quantities and there was retainment of old customers; clearance of stocks on time which improved revenue and reduced spoilage of coffee beans. The study therefore found out that coffee pricing significantly influences reviving coffee production in cooperative societies in Meru county Kenya. Unique contribution to theory, policy and practice: The study contributed that coffee pricing significantly influenced reviving coffee production in cooperative societies in Meru county Kenya. Coffee farmers should be encouraged to be interested in different types of coffee pricing to offer innovative suggestions to coffee cooperative societies. Managers should be well versed with different price types and also be innovative enough to suggest new ones based on various locations and different quality of the coffee sold. The marketing department in a cooperative society should do more research on their current market base to see what prices are working and the ones that are not. The government should set up policies that will see to it that local coffee consumption has improved. This is because only 5% of coffee is consumed locally while 95% is exported.Item Relationship between Asset-Backed Securities and Financial Performance of Listed Commercial Banks in Kenya(International Journal of Finance and Accounting (IJFA), 2020) Ndungu, Stephen; Gichohi, Paul Maku; Mutea, FredrickPurpose: The purpose of this study was to establish the relationship between asset-backed securities and financial performance of listed commercial banks in Kenya. Methodology: Descriptive survey research design was used. The target population was the listed commercial banks that are in Kenya. Census technique was applied in the study. Data was collected from 11 listed commercial banks in Kenya using closed-ended questionnaire. The required information was provided by all risk managers, finance managers, compliance managers and operations managers. To ensure validity and reliability, questionnaires were pre-tested with nonlisted commercial banks in Kenya. The coded data was analyzed quantitatively where mean, percentage and standard deviation were computed while linear and multiple regression analysis were used to test the hypothesis, and information presented using Tables. Results: The findings showed that many banks either generally agreed with the statements on the questionnaires. The influence of asset-based securities on financial performance was at a mean 3.8227 and standard deviation of 1.38128. The adjusted R square value of 0.824 implied that asset backed securities predicted 82.4% of the variability in the financial performance. Therefore, asset backed securities could be used to predict financial performance. Unique contribution to theory, policy and practice: This study contributed the outcome of the relationship between asset-backed securities and financial performance of listed commercial banks in Kenya. Banks will be able to use securitization to free up with-held bank’s capital in loans hence re-investing the capital in other ventures leading to improved financial performance. Commercial banks are recommended to issue more asset backed securities and there should be policies developed to guide commercial banks on asset backed securities This is because asset backed securities can partake in improving the capital structure of business banks in Kenya, thus, improving benefit and avoiding the base capital guideline edge.Item The Role of Target Setting in Influencing Employee Productivity in Commercial Banks in Meru County, Kenya(African Journal of Emerging Issues (AJOEI)., 2020-05) Mati, Tony Almoki; Gichohi, Paul Maku; Moguche, AbelProblem statement: The commercial banks in Kenya have been experiencing reduction in employee productivity, which has resulted to collapse and placement under receivership of some of the banks. At the same time, the banking industry has been facing challenges with performance appraisal system, particularly, target setting. Purpose of the study: This study, therefore, sought to examine the role of target setting in influencing employee productivity in commercial banks in Meru County, Kenya. Study Methodology: It adopted a descriptive survey research design. Primary data was collected through self-administered questionnaires. Descriptive and inferential statistics were used in the analysis. Results of the study: According to correlation results, target setting was positively and significantly correlated to the employee productivity. Regression results indicated that a positive and significant influence exists between the two variables; hence, target setting had a positive and significant connection with employee productivity in commercial banks in Meru County. Conclusion: The study concluded that the level of target setting in a commercial bank could be used to predict employee productivity. Target setting enhances staff efficacy, motivation, and eventually expand organization efficiency. It also enables staff to be engaged in a constructive acuity about performance appraisal process. Recommendations: Commercial banks ought to ensure the employees are engaged through being involved in target setting in order to improve their productivity.