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.
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Item Influence of Organizational Policy on the Performance of Selected Microfinance Institutions in Kitui County(INTERNATIONAL JOURNAL OF RESEARCH AND INNOVATION IN SOCIAL SCIENCE (IJRISS), 2023-09) Nyamai, Maimbu; Munga, Jane; Murithi, AnthonyMicrofinance Institutions (MFIs) are unable to meet the current market demand requiring firms to identify workable methods that satisfy the organization’s needs. The present study sought to determine the influence of Organizational Policy on The Performance of Selected Microfinance Institutions in Kitui County. The study applied a cross-sectional research design, population of the study included 175 middle-level managers in the departments of finance, human resources, procurement, sales, and marketing as well as the ICT department among 7 MFIs in Kitui county. The study applied a stratified random sampling technique to sample 122 respondents. Data was collected using questionnaires that were physically administered. The study analyzed data using descriptive and inferential analysis. The study revealed a β of 0.641, t= 7.507, which was associated with a p-value of 0.001. The study concluded that organizational policy had a significant and positive influence on the performance of microfinance institutions in Kitui County. Microfinance institutions should regularly review policies on resource allocations, codes of conduct, power relations, and communication to ensure that they are relevant at all times and reflect the requirements of the strategic plans.Item Influence of Technology on the Performance of Microfinance Institutions in Kitui County(INTERNATIONAL JOURNAL OF RESEARCH AND INNOVATION IN SOCIAL SCIENCE (IJRISS), 2023-09) Nyamai, Maimbu; Munga, Jane; Murithi, AnthonyThe purpose of the study was to investigate the influence of technology in strategic planning on the performance of microfinance institutions in Kitui County. The study applied a correctional research design. The population for the study was 175 middle-level managers working for seven (7) microfinance institutions in Kitui County. Through stratified sampling techniques, the study obtained a sample of 122 participants for the study. The study applied questionnaires with five-point Likert questions to collect data through physical administration and electronic ways. The study also collected secondary data from the microfinance institutions, financial statements, magazines, and published and audited accounts of the company. Data gathered was analyzed by descriptive analysis using mean and standard deviation, whereas the inferential analysis was conducted by regression analysis. The study found a β of 0.610 which was associated with a t- value of 5.960 and a p-value of 0.001 between technology and performance of microfinance institutions in Kitui county. The study concluded that technology had a positive and significant influence on the performance of microfinance institutions in Kitui County. The study recommends continued investment in information security by regularly updating security protocols and staying ahead of the evolving threats to protect sensitive information. The study also recommends for organizations to leverage decision support systems in decision-making. The microfinance institutions in Kitui County should train and provide resources to their staff to maximize the benefits of these systems.