Effect Of Organizational Policies On The Financial Performance Of Road Transport Companies In Kenya: A Case Study Of Multiple Hauliers (E.A.) Limited

There has been stiff competition amongst transport companies which has resulted in the steep decline of road freight rates of between 20% and 30% across various transport companies. Furthermore, the transportation costs in the Northern Corridor from Mombasa to various destinations across East African Community has reduced. In wake of such challenges, it raises concerns on the financial performance of the road transport companies in East Africa and how the organizational policies they have adopted affect their financial performance. The general objective of the study was to evaluate the effect of organizational policies on the financial performance of road transport companies in Kenya. The specific objectives were to evaluate the effect of investment policy on the financial performance; to evaluate the effect of health and safety policy on the financial performance; to determine the effect of training and personnel development policy on the financial performance of Multiple Hauliers (E.A.) limited. Case study research design was adopted whereas the target population was employees of Multiple Hauliers (E.A.) Limited. The researcher used simple random sampling to select the respondents. The sample size was five (5) respondents. Primary data was collected using questionnaire which was administered to the respondents through drop and pick later method. Pilot test was conducted before the actual data collection exercise aimed at ensuring that the questionnaire was reliable and of acceptable validity. Quantitative data collected was analyzed using descriptive statistics.

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APA

DIRO, J (2021). Effect Of Organizational Policies On The Financial Performance Of Road Transport Companies In Kenya: A Case Study Of Multiple Hauliers (E.A.) Limited. Afribary. Retrieved from https://afribary.com/works/effect-of-organizational-policies-on-the-financial-performance-of-road-transport-companies-in-kenya-a-case-study-of-multiple-hauliers-e-a-limited-1

MLA 8th

DIRO, JOHN "Effect Of Organizational Policies On The Financial Performance Of Road Transport Companies In Kenya: A Case Study Of Multiple Hauliers (E.A.) Limited" Afribary. Afribary, 19 May. 2021, https://afribary.com/works/effect-of-organizational-policies-on-the-financial-performance-of-road-transport-companies-in-kenya-a-case-study-of-multiple-hauliers-e-a-limited-1. Accessed 29 Nov. 2024.

MLA7

DIRO, JOHN . "Effect Of Organizational Policies On The Financial Performance Of Road Transport Companies In Kenya: A Case Study Of Multiple Hauliers (E.A.) Limited". Afribary, Afribary, 19 May. 2021. Web. 29 Nov. 2024. < https://afribary.com/works/effect-of-organizational-policies-on-the-financial-performance-of-road-transport-companies-in-kenya-a-case-study-of-multiple-hauliers-e-a-limited-1 >.

Chicago

DIRO, JOHN . "Effect Of Organizational Policies On The Financial Performance Of Road Transport Companies In Kenya: A Case Study Of Multiple Hauliers (E.A.) Limited" Afribary (2021). Accessed November 29, 2024. https://afribary.com/works/effect-of-organizational-policies-on-the-financial-performance-of-road-transport-companies-in-kenya-a-case-study-of-multiple-hauliers-e-a-limited-1