ABSTRACT Employees' turnover poses a recurrent challenge to most business organization globally. There is virtually no organization that is immune to employees' turnover; be its small size or big size organizations; they are all exposed to employees' turnover. Although it may not be feasible for any organization to totally eliminate employees' turnover due to various reasons, nevertheless it could be reduced to the barest minimum. For any organization to run and actualize its objectives ther...
ABSTRACT Foreign direct investment (FDI) is an essential part of any economic system and it is an incentive that allows economies to grow. However the positive results of FDI are not accessed by all countries, communities or sectors. The performance of commercial banks in Kenya has been found wanting for the last five years with some banks reporting profit warnings and two banks being placed in receivership in the year 2015. Similarly, foreign direct investment in Kenya has been fluctuating....
ABSTRACT Nairobi City Water and Sewerage Company has been issuing notices to the public regarding its inability to fully satisfy customer needs. Yet, the company has formulated and implemented strategies to enhance its performance in offering quality service and increasing customer satisfaction. The purpose of this study was to investigate the effect of strategy implementation on performance of Nairobi City Water and Sewerage Company. It was guided by the following specific objectives; to in...
Abstract Virtual lending was introduced to fasten loan repayments but the latter is still a challenge to commercial banks. Banks still experience delays in repayment of loans as well as loan defaults. Delays of repayment lead to an increase in in Kenya non-performing loans ratio, which in turn has a significant impact on the liquidity of the bank. Loan repayment in commercial banks in Kenya has been poor for the last five years as evidenced by the increasing non-performing loan ration among ...
ABSTRACT A constant current account imbalance in many developing nations has energized impressive enthusiasm among economists and policy makers trying to have a reasonable comprehension of the significance of current account balance. Kenya has experienced persistent current account imbalance that has remained underneath the threshold that economists would consider sustainable. At the point when a nation runs steady current account imbalance for a long period, it raises worries about its sust...
ABSTRACT The purpose of the study was to investigate the effect of corporate culture on project performance at NMG. The study focused on the effect of corporate culture on project performance since previous research had stopped short of identifying corporate culture as a factor for project performance. The four dimensions of corporate culture that were examined included teamwork, communication, reward and training which formed the independent variables, while project performance was the depe...
Small and Medium Enterprises (SMEs) is a significant sector in the economy of Kenya as well as many other developing economies. The sector provides employment to approximately 85% of the country’s workforce (about 7.5 million Kenyans). Insufficient business capital, underdeveloped savings strategies and poor financial knowledge are major constraints hindering financial performance of SMEs in Meru Town. This study was necessitated to determine the effect of microfinance services on fina...
ABSTRACT Commercial banks in Kenya and especially Mombasa County are facing firm rivalry demanding the use of competitive strategies so as to pledge their performance. As such, most of the commercial banks are deliberating on ways, with competitive strategies being one of them to arrive a market and afterwards make sense of and ensure its aggressive position. Therefore, this study aimed at establishing the effect of competitive strategies on the performance of commercial banks in Mombasa Co...
The primary concern regarding humanitarian programs in the developing world is that they do not address the more massive socio-economic challenges; hence, not being sustainable. The majority of these programs have been in operation for many years and have attracted funding from external and internal donors but has not translated into their economic and social empowerment due to poor project management practices. Hence, the study sought to determine the influence of project management pr...
ABSTRACT Kenya’s manufacturing and processing sector is among the key productive sectors identified for economic growth and development because of its immense potential for wealth, employment creation and poverty alleviation. Currently Kenya’s industrial sector is one of the largest in sub Saharan Africa, the sector is highly fragmented with more than 2,000 manufacturing enterprises. The presence of these industries has led to rise in e-waste due to changes in technology, wear and tear, ...
Determination and compensation of wages are concepts whose determinants may not necessarily be the same. Different sectors have a stipulated system of pay whereby workers are paid depending on their ranks or job grades, while others use individual characteristics such as education level, sex and work experience. In Kenya, minimum wage determination and fixing form an integral approach of wage setting in the domestic services sector aimed at protecting the domestic workers from exploitati...
ABSTRACT The internal environment of organizations is one of the main factors that determine project performance in different industries. The study specifically examined how various variables such as the structure, culture, resource capability and employee competency affect projects success. The resource dependency theory, resource-based view, and the open systems theories were used with a descriptive research design. The research targeted responses from 49 registered local construction firm...
Employee performance is about the timely, effective and efficient completion of mutually agreed tasks by the employee, as set out by the employer. It is evident that employees are a crucial resource hence it is important to optimize the contribution of employees to the company aims and goals as a means of sustaining effective performance. Better employee performance is realised because of excellent training programs that results to employee inspiration and the fulfilment of their needs. ...
ABSTRACT The objective of this study was to determine the factors affecting the collection of turnover tax revenues in Nairobi and find out suggestions of the possible remedies to the challenges. The study was therefore conducted as a survey with the sample of the responding firms being from Block 7 of East of Nairobi region as classified by the Kenya Revenue Authority (KRA). A structures questionnaire was used to collect the data based mainly on the Likert Scale. This study found that the S...
ABSTRACT Accounts receivable constitute a significant portion of current assets in manufacturing firms. Management therefore has to formulate strategies of effectively managing this important yet sensitive asset. This study aimed at investigating the principles and practices adopted by manufacturing firms in the management of accounts receivable in Kenya with specific reference to manufacturing firms in Thika municipality within KiambuCounty. The study further aimed at examining the strengt...