Journal of Management and Science

Unlocking rural entrepreneurship access to microfinance services in Zimbabwe- the moderating role of business performance

2024-04-27T05:38:00+00:00

Informed by the huge financed gap for Micro, small and medium enterprises (MSMEs, this study aims to identify the extent of intensity and significance of constraints to rural Micro, Small and Medium Enterprises (MSMEs) in accessing funding from microfinance institutions in Zimbabwe. The paper further explores potential avenues of unlocking rural MSME access to microfinancing. This study uses path modelling to investigate key demand side obstacles by rural MSMEs in accessing microfinance funding in the rural Matabeleland region of Zimbabwe and adopts a questionnaire based survey design targeting 301 rural micro entrepreneurs. The study shows that financial skills and knowledge, access to markets and technical skills are the main impediments to rural entrepreneurial access to microfinancing, however these predictors have more influence on rural entrepreneurial access to microfinancing when mediated by business performance. For successful sustainable poverty alleviation and employment creation for the bottom of the pyramid leveraging on a vibrant rural MSME sector, there is need for direct policy interventions to advance the financial literacy, financial management and technical skills for rural MSMEs as well as mechanisms to assist the MSMEs in securing markets. This paper makes significant contributions to the discourse of rural microenterprise financing debate by identifying significant constraints.

Impact of NEP 2020 on Tourism Sector of M.P. through Higher Education Programmes

2024-04-27T05:39:14+00:00

The National Education Policy (NEP) of India launched in 2020 has generated significant discussions on the changes needed in the higher education system of the country with an aim to transform India into a knowledge based economy , NEP proposes several reforms in the education sector including changes in curriculum pedagogy and assessment methods. One important aspects of any NEP is its potential impact on various industries particularly tourism sector and if the things are recollected then it’s experience is based on previous education policies, the focus of higher education was more on creating knowledge societies, thereafter stress shifted on balancing the knowledge content with real life requirement of skills to make the students of higher education system more employable as skill development and education is the need of the hour. In NEP 2020 various strategies are also mentioned for proper implementation of tourism education by way of enhancing collaboration with industry, internship program, inculcate major skills, develop technology within curriculum and many more but there are various issues in implementing NEP. This paper focuses on understanding the implementation of NEP in the context of tourism education and vocational education in tourism sector specifically and skill based vocational education in general in the higher education system of India through quantitative research methods. This research provides valuable insights for stakeholders in the higher education and tourism sectors on the impact of NEP implementation on the tourism industry in M.P.

The Establishment of common market and Nigeria-Benin porous borders; Security implication in Nigeria

2024-04-27T05:40:35+00:00

The study investigates the extent of Nigeria-Benin porous borders orchestrated by the objectives of economic integration vis-à-vis its security implication in Nigeria, this which has resulted in alarming spate of smugglings, proliferation of small arms and light weapons used in fueling violence acts, terrorism, banditry, etc. in the country. The study was anchored on the institutional theory as its blue-print of understanding. It adopted documentary method of data collection, content analysis for analysing data generated from secondary sources. It revealed that the imposition of stiff penalties on free movement of livestock, the arrest, prosecution and imposition of severe penalties on the offenders aided in the reduction of farmers-herders conflict in Benue State. We recommended amongst other things, that Benue State Government should keep security collaboration and synergy with all the bordering states to keep tough in the fight against Fulani extremists.

Contribution of Evangelical Lutheran Church-Northen Diocese on the performance of community banks in Tanzania: A case of Uchumi Commercial Banks

2024-04-27T05:41:49+00:00

This study assessed the contribution of Evangelical Lutheran Church-Northern Diocese in Tanzania on the financial performance of Uchumi Commercial Bank. A specific focus was on how church-owned savings, loans and share capital affect community bank performance. Panel regression data analysis collected between 2016 and 2022 were employed. Bank performance measured in return on assets and return on capital (ROA & ROE respectively), Loan to Deposit Ratio (LDR) and share capital (SC). The findings show that the frequency of savings and loans provided to parishes, loan repayments and number of shares owned by parishes significantly influenced bank’s financial performance (p>0.05). The study recommends that Uchumi Commercial Bank should continue influencing non-church members’ to become members hence increasing the performance of the bank in terms of shares, capital and membership.

Effects of entrepreneurship education on entrepreneurial intention of the final year students of the Federal University Dutsin-Ma, Nigeria

2024-04-27T05:43:40+00:00

This study examines the effect of entrepreneurship education on the entrepreneurial intention of 375 final year students of Federal University Dutsin-Ma (FUDMA), Nigeria. The study adopts a cross-sectional survey research design, and the structured questionnaire as a method of data collection. The study utilized both descriptive statistics such as frequencies and percentages, and the multiple regression techniques. The main findings indicate that attitude towards behaviour has no statistically significant effect on entrepreneurial intention; subjective social norm has a positive and significant effect on entrepreneurial intention, and perceived behaviour control has a significant and positive effect on entrepreneurial intention of the final students of the FUDMA. The study concludes that entrepreneurial intention of the FUDMA students is strongly influenced by the combination of the graduate’s personal inclination (i.e., interest, knowledge, ability, and self-confidence) and motivation from the family, relatives, friends, and known successful entrepreneurs. It is recommended that the Nigerian Universities Commission (NUC) should continue to ensure and enforced vigorously the compulsory teaching of entrepreneurship, which focused shall be on practical skills acquisition aimed at training students to be self-reliant. It is also recommended that university graduates should be encouraged by all and sundry in the society to be self-reliant and become employers of labour, rather than, the over-reliance on jobs from the public and private sectors, which are hardly available.

Role of adopting hard and expensive total quality management on creating a competitive advantage for the Private Higher Education Institutions of Automated Hospital Management

2024-04-27T05:45:29+00:00

The study aims for determining whether both expensive and hard total quality management practices affect the creation of competitive advantage by the private higher education institutions of the nation. Primary data using a questionnaire had been collected from a sample consisted of 108 among the academics working in these institutions, following the convenience sampling method. Descriptive statistics are used in sample description, such as the mean and the standard deviation, and employing the multiple linear regression method, the result shows that both expensive and hard total quality management practices have a significant positive impact on competitive advantage creation. More studies regarding the role of expensive and hard practices are recommended to be made in Service based environment of developing countries in the globe, where more attempts are preferred to cover the in Automated Hospital Management.

Healthcare worker shortages in Papua New Guinea and the need to focus on employee engagement

2024-04-27T05:48:44+00:00

In Papua New Guinea, there is a lack of literature on the impact of severe staff shortages in health service delivery. Clinician to patient ratios are well below the WHO international standard and the lowest in the region. Main factors contributing to the shortage include a constrained training system, an aging workforce and increasing population. Staff shortages contribute significantly to the increased risk of patient safety incidents and mortality. Whilst measures to reduce staff shortages take considerable time and investment, appropriate leadership is necessary to improve the engagement of the current workforce to achieve quality patient care and high work output.

Financial indicators for measuring and improving the emerging entrepreneurial ventures’ performance

2024-04-27T05:49:38+00:00

This study offers a critical analysis of the financial indicators for measuring and improving the emerging entrepreneurial ventures’ performance in South Africa. The study was motivated by the fact that the effective use of the required financial performance measure is a challenge that most of the emerging entrepreneurial ventures are still grappling with. By addressing such a gap, the study not only aims to discern the improvement strategies that must be adopted, but also to enrich the existing literature and theories on entrepreneurial financial management. To accomplish that, the study uses integrative review as the primary qualitative method for the study. Despite certain limitations, outcomes of integrative review indicated that financial statements’ analysis still provides relevant measures for evaluating and improving the emerging entrepreneurial venture’s financial performance to achieve its corporate mission. Financial statement analysis is often accompanied with the use of more specific relevant financial performance measures and target analysis like profitability and liquidity analysis. Using the provided accounting and financial information, most of profitability analysis often entails analysis of gross profit margin, operating profit margin, net profit margin, return on capital employed and return on equity. Liquidity analysis utilizes financial performance measures and targets like cash, quick and current ratios as well as inventory, receivables and payables turnover periods. But even if these financial performance measures and targets are relevant for measuring and improving the performance of the emerging entrepreneurial venture to achieve its corporate mission, future studies must still explore the entrepreneurial financial measurement framework that can be adopted for improving the effective performance of the emerging entrepreneurial ventures.

Homo Faber Scapegoated, or Apocalyptic Artificial Intelligence: Rethinking the Technological Singularity Concept from the Synergetic Historicism Position

2024-04-27T05:50:35+00:00

The article is focused on discussing a new methodological approach to the study on specifics of transferring human beings to the Posthuman cyber society. The approach in question assists in rethinking interconnected problems both of human origins in the Universe and mankind’s digital future. And, besides, such an approach allows to deal with Self-organising interconversions between the poles of the cardinal dual opposition of the Global Noosphere Brain and the Artificial General Intelligence. Herewith such phenomena of digital social life as Global Digitalisation, Digital Immortality, Mindcloning, and Technological Zombification being the constituents of Technological Singularity Concept, are rethought as paving the way for oncoming Posthuman Digital Era. This concept is evidently exemplified by a bifurcation resulting in two alternatives to be chosen by human beings, to wit, either to be undergone Mindcloning and become digitally immortal or being destroyed by powerful intelligent machines.The investigation in question is based on such a progressive methodology as the Law of Self-Organizing Ideals, as well as on the Method of Dual Oppositions. Rethinking interrelationships between the problem of a sense of social history and the meaning-of-life of local societies members which any intelligent machine is devoid of permits to substantiate specific regularities of Self-transforming Homo Faber into Homo Digitalis and Technological Zombies ready to be transferred to Posthuman Cyberspace.

Model of Improving human resource performance through achievement orientation, skill level and individual factors

2024-04-27T05:51:32+00:00

This study aims to identify 1). To analyze the effect of Organizational Commitment on Achievement Motivation. 2). To analyze the effect of Skill level on Achievement Motivation. 3). To analyze the effect of Proactivity on Achievement Motivation. 4.) To analyze the effect of Achievement Motivation on HR Performance. 5.) To analyze Achievement Oriented Leadership Moderates the Effect of Achievement Motivation on HR Performance. Respondents in this study were production employees of Demak manufacturing companies. The results of this study indicate that organizational commitment, skill level, proactivity have a significant effect on achievement motivation, achievement motivation has a significant effect on HR performance and Achievement oriented leadership moderates the significant influence between achievement motivation and HR performance.

Fintech and business development in microfinance banks: An empirical evidence from monipoint microfinance bank Nigeria limited

2024-04-27T05:52:10+00:00

The study focused on Fintech and business development in Microfinance banks with special emphasis on Small and Medium Scale Enterprises (SMEs) that uses Moinepoint Microfinance bank innovative technology and services. FinTech is the term used to describe new financial services, products, and models that incorporate elements of emerging technology and have the potential to significantly influence established financial markets and services. There is paucity of empirical literature on Fintech as regards to Nigeria as similar studies have been done in most developed nations focusing on the banks rather than the SMEs. Survey research design was adopted and primary data was generated from 400 SMEs using Moniepoint Fintech in South East Nigeria and the data was subjected to multiple regression analysis with the help SPSS version 22. It was concluded that SMEs in Nigeria are now better positioned to thrive as most of the MFBs in recent time has dished out cutting-edge Fintech that businesses can leverage on and that POS terminal, Mobile application and online credit facilities are readily available in the region and these has reshape how businesses are carried out and have also reduced drastically the cost of carrying cash thereby promoting the CBN cashless policy. The study recommend that Moniepoint MFB just like every other bank should carry out more sensitization communication on the benefit of their online credit facilities, mobile applications and the ease of use of their PoS terminal.