Management

Analysis of Management Control at The Cost Centre at Pt Sierad Produce TBK Breeding Division (Published)

The purpose of this paper is to examine in depth management control as performance accountability at PT Sierad Produk Tbk, specifically at the cost centre of the breeding division which has not been clear academically and practically so it is important to appear. The approach in this paper uses a qualitative approach with a critical analytical descriptive method through a review of concepts sourced from various indexed journals by collecting related data, and analysed critically interpretatively. The resulting findings are a novelty related to management control at PT Sierad Produk Tbk, in the breeding division centred on costs as a form of accountability by showing the flow of authority and management responsibility in showing good financial performance. The hope is that all companies must be able to show their responsibility in improving financial performance through good management control strategies.

 

Keywords: Company., Control System, Management, cost centre

Comparative Analyses of Management of Government and Private Media in South East Nigeria (Published)

This study analysed the management of government and private media in South East Nigeria, using Unity FM Abakaliki  Ebonyi State and Dream FM Enugu, Enugu State as focal point. The study was anchored on the gatekeeping theory of the mass media. The survey method of research was adopted with an interview guide containing 8 open ended questions for 12 respondents from both media houses. Data generated were presented and analyzed with the aid of simple percentages and frequency tables. Findings show that there are in-house policies that guide their day to activities in the media stations. The major theme in the policy of the government owned media is to relay the government activities to the people and present the government to the people in good light. Findings also indicate that the owners personally employ and educate the editors on the policies and follow them up to ensure that they edit edit reports and programmes content in line with the in-house polices of the management. The study further indicate that the privately owned media has the main objective of profit-making. In the both cases, gatekeeping affect the quality of their programme content. Professional bodies such as the Nigerian Union of journalists (NUJ), should ensure that journalists working in both public and privately managed media strictly adhere to the Code of ethics of their profession.

Keywords: Government, Management, private media, public media

Top Management Commitment and Sales Force Performance of Beverage Manufacturing Companies in Nigeria (Published)

This study was designed to examine the influence of top management commitment on salesforce performance in selected beverage manufacturing firms in Nigeria. The study population was 151 and made up of all persons that are involved in sales of both alcoholic and non-alcoholic beverages manufactured in Nigeria. The major instrument for data collection was the questionnaire. The proxies for top management commitment were leadership, management involvement, management support and resource allocation. The instrument was administered to every member of the population out of which 142 copies of the questionnaire were completed and returned in useable form. Data collected were analyzed using percentage analysis and hypotheses formulated were tested using the multiple regression analysis. Findings from the study revealed that there is significant relationship between the top management variables (i.e. leadership, management involvement, management support and resource allocation) and salesforce performance. Based on the findings, it was concluded that top management commitment influences salesforce performance in the beverage manufacturing companies in Nigeria. Consequently, it is recommended, among other things, that top management should show leadership by driving improvement that will enhance sales through the performance of the sales team. Also, they should allow team members’ input into decision making on issues concerning sales.

Citation: Ini Smart Udoh, Andrew Amuamuziam Okwudu and Uduak E. Joseph (2022) Top Management Commitment and Sales Force Performance of Beverage Manufacturing Companies in Nigeria,International Journal of Business and Management Review, Vol.10, No.1, pp.1-12

 

 

 

Keywords: Leadership, Management, Performance, Resource Allocation, involvement, salesforce, support

The Impact of Coronavirus (Covid 19) On the Economy in the Kingdom Of Saudi Arabia: A Review (Published)

Ever since the appearance of the coronavirus, a state of intense anticipation arose over its evolution until it began sweeping through a large number of countries in the world and became a global epidemic, threatening all societies and peoples. The spread of such epidemics will necessarily have economic, political, and social implications. With the spread of this virus, the economic interests of the Kingdom of Saudi Arabia will be negatively affected in many sectors, including tourism and many others, as well as low oil prices. This article focuses on the negative impact of the coronavirus on the economy in the Kingdom of Saudi Arabia, and how the Kingdom has tried to get out of this crisis and confront it, as well as plans for life after the coronavirus.

Keywords: COVID-19, Management, Policy, Saudi Arabia, coronavirus

Business Continuity Management: Definitions, Drivers, Practices, Key processes and Effectiveness (Published)

This paper sheds light on the concept for business continuity management, its definitions, key processes and effectiveness. The paper gives also a clear understanding of the BCM drivers, practices 

Keywords: Business, Continuity, Drivers, Effectiveness, Management

Corporate Social Responsibility and Management: A Review of Concepts (Published)

This research aims, firstly, to initiate the reader by the concept of social responsibility of firms. Our paper provides some historical background and perspective. In addition, it provides a brief discussion of the evolving understandings of CSR and some of the long-established, traditional arguments that have been made both for and against the idea of business assuming any responsibility to society beyond profit-seeking and maximizing its own financial well-being. Finally, the goal is also to discuss the empirical aspect of CSR policies.

Keywords: Corporate Social Responsibility, Management, Review of Concepts

The Management of Information and Operational Risk in both the Public and Private Sectors (Published)

: Information technology is widely recognized as the engine that drives any growing economy, giving industries a competitive advantage in global markets, enabling the federal government to provide better services to its citizens, and facilitating greater productivity as a nation. Organizationsin the public and private sectors are beginning to depend on technology-intensive information systemsto successfully carry out their missions and business functions. Information systems can include diverse entities ranging from high-end supercomputers, workstations, personal computers, cellular telephones, and personal digital assistants to very specialized systems (e.g., weapons systems, telecommunications systems, industrial/process control systems, and environmental control systems). Information systems are subject to serious threats that can have adverse effects on organizational operations (i.e., missions, functions, image, or reputation), organizational assets, individuals, other organizations, and the nation at large by exploiting both known and unknown vulnerabilities to compromise the confidentiality, integrity, or availability of the information being processed, stored, or transmitted by those systems. Threats to information and information systems can include purposeful attacks, environmental disruptions, and human/machine errors and result in great harm to the national and economic security interests of the nation. Therefore, it is imperative that leaders and managers at all levels understand their responsibilities and are held accountable for managing information security risk—that is, the risk associated with the operation and use of information systems that support the missions and business functions of their organizations.

 

Keywords: Information, Management, Operational Risk, Public and Private Sectors

Customer Analysis within Balanced Scorecard (Published)

The paper considers theoretical aspects of the applied strategic customer analysis based on the on the balanced scorecard customer element developed by the author to be applied in the research process of the strategic organization distribution activity aspects and its sales management. The methodology of the research is the Balanced Scorecard concept (BSC) as well as the author’s applied strategic analysis concept. The applied strategic customer analysis is assumed to encompass comparative assessment, variances diagnostics and indicators forecast of the BSC customer element within the strategic customer goals. The author draws a conclusion that the applied strategic customer analysis is a new and sufficiently effective instrument to research strategic aspects of the organization distribution activity and to form an analytical support of the strategic sales management in the present-day environment.

 

Keywords: Applied Strategic Analysis, Balanced Scorecard., Management, Organization, Sales

Strategic Management of Government Public Policy: Key for Economic Stability (Published)

Strategic Management basically deals with discovery and description of the strategies that leaders/managers can take so as to realize improved competitive advantage and performance for their organization. Firm is said to have competitive advantage if its profitability is higher than the average profitability for all competing firms in the same line of business. The guiding philosophy in any strategic management procedure, either public or private sector, is all about understanding what changes are desirable, how to implement and manage these changes, and how to create a blueprint for sustaining improvements that lead to better performance. Strategic management provides overall direction to the enterprise and involves specifying the organization’s objectives, developing policies and plans designed to achieve these objectives, and then allocating resources to implement the plans. The objectives of this paper are to: Examine the degree to which government public policies impact positively on economic stability of Nigeria. Ascertain the extent to which strategic management of government public policies enhance economic development of Nigeria. Find out how strategic management of new government public policies enhances public confidence on the Nigerian leadership. This study engaged analytical and qualitative research methods as we did not test any model. Data was gathered from multiples sources, including internal documents, policy documents, and publications of research organizations, articles published in management and social sciences journals and the internet. The current Nigeria public policy have definitely started to reflect a shift from traditional management concepts about public management and organizational design, a coherent procedure for creating and sustaining enhanced performance that reflects changes in the internal and external environment is clearly deficient. Indication does suggest that change is affecting the Nigerian economy, and this change is manifesting in all sphere of structures and processes of many private and public organizations. The paper demonstrated that strategic management of government public policy is one of the basic tool for economic stability and development of Nigeria Economy. Findings also reveal that strategic management of new government public policies enhances public self-reliance on the Nigerian leadership particularly when there is growing understanding on the part of many that policies have to be formulated through the vigorous participation of the concerned communities. A learned anointed professional would do better than unlearned but do anointed, therefore  expert that are knowledgeable about strategic management should be allowed to be at the forefront of strategic management of government public policies. This will certainly enhance economic development of any Nation.

Keywords: Management, Policy, Strategic Management and Government Public policy., Strategy

Corporate Governance: The Stakeholders Perspective (Published)

The wave of globalization and industrialization trends experienced all over the world has resulted in the emergence of large corporations as well as conglomerates. These large corporations contribute immensely to the social, economic development of their host nations. This paper explores the concept of corporate governance as well as the need for corporate governance. Also examined are the basic principles of corporate governance. The focus of this paper is on the external group of individuals (stakeholders) to the organization. This paper defines them as well as their roles in ensuring corporate governance and wealth creation for the business organization. It concludes by making recommendations on how businesses can strike a balance between achieving organizational goals and stakeholder needs.  

Keywords: Corporate Governance, Management, Stakeholders, corporation