IMPACT OF STRATEGIC MANAGEMENT ON PRODUCTIVITY AND PROFITABILITY OF A BUSINESS ORGANIZATION
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The study focused on strategic management as a tool for the attainment of organizational performance in NNPC Refinery In Kaduna State. The specific objectives sought to: ascertain the extent value chain affects growth in NNPC Refinery profitability, determine the extent of effects of strategic change on market share in NNPC Refinery productivity, examine the extent strategic leadership affects customer satisfaction in NNPC Refinery effectiveness and determine the key challenges of adopting strategic management in NNPC Refinery . The research design adopted in this study was survey which is characterized by direct interaction with the population. The target population of the study is 2093 comprising both the senior and junior staff of the NNPC Refinery In Kaduna State Nigeria. Taro Yamane’s formula was used to determine the sample size of 336. The key instrument of data collection was questionnaire and oral interview guide. The questionnaire was structured in 5-point Likert scale. The data were presented using sample table frequency and the formulated hypotheses were tested using simple linear regression and Friedman Chi-square. The study found that value chain to a great extent affected growth in NNPC Refinery profitability (r = 0.882; F = 1.057E3; t = 11. 249; p = 0.05). Also the study discovered that strategic change to a great extent had effect on market share in NNPC Refinery productivity (r = 0.917; F = 11. 596E3; t = 21.169; p = 0.05). Strategic leadership to a great extent affected customer satisfaction in NNPC Refinery effectiveness (r = 0. 573; F= 148.292; t = 5.866; p = 0.05).Further the study revealed that economic and poor structures were the key challenges of adopting strategic management in NNPC Refinery (X2cal = 492.352 >X2critical = 11.14, p 0.000 < α = 0.05).The study concludes that, the performance ofrfinery depend on the types of strategic they adopted. The study recommends that the organizations should intensify every effort to assess and monitor both internal and external variables in order to checkmate the unprecedented failure that could be controlled by continuous improvement.
Related Project Materials
EVALUATION OF PULVERIZED COCONUT SHELL CHARCOAL AND PERIWINKLE SHELL FOR CARBURIZING MILD STEEL
ABSTRACT
The service conditions of many moving steel components require it to possess both hard and wear resistant surfaces witha tough a...
EFFECTS OF VITELLARIA PARADOXA LEAF DIETS ON GROWTH AND NUTRITIONAL CONTENTS OF CIRINA FORDA (LEPIDOPTERA: SATURNIIDAE)
ABSTRACT The current challenge of food security has called for exploitation of natural product, with potential nutritional and therapeutic characte...
THE IMPACT OF EFFECTIVE CONTRACT PLANNING ON CONTRACTORS PROFIT (A CASE STUDY OF JULIUS BERGER NIGERIA PLC, UYO)
ABSTRACT
Effective contract planning in construction projects is not only crucial to attainment ofproject objectives but...
ANTIFUNGAL ACTIVITY OF LOCALLY MADE SOAP ON DERMATOPHYTES ISOLATED FROM BARBING EQUIPMENT
ABSTRACT
The comparative study on the effect of the locally made black soap and Dudu osun soap on dermatophytes isolated...
THE IMPACT OF INVESTMENT IN RENEWABLE ENERGY ON PORTFOLIO GROWTH
ABSTRACT
THE IMPACT OF INVESTMENT IN RENEWABLE ENERGY ON PORTFOLIO GROWTH
This research explores the impact of investment in re...
DESIGN AND IMPLEMENTATION OF COMPUTER BASED SCHEDULING SYSTEM FOR A TRANSPORT COMPANY
CHAPTER ONE
INTRODUCTION
STATEMENT OF PROBLEM
A scheduling situat...
IMPACT OF SCHOOL LIBRARY ON ACHIEVEMENT AND LEARNING IN PRIMARY SCHOOLS
ABSTRACT
The research work examined impact of school library services on achievement and learning in primary school in t...
THE CAREER PROSPECTS OF CONFIDENTIAL SECRETARY IN A PUBLIC ESTABLISHMENT
CHAPTER ONE
INTRODUCTION
1.1
ABSTRACT: The effects of early childhood yoga programs on physical and men...
Abstract Jatropha curcas seed oil is a known energy source in biodiesel which but for its toxicity, also has potential of being used as f...
THE EFFECTS OF EARLY CHILDHOOD YOGA PROGRAMS ON PHYSICAL AND MENTAL HEALTH
EFFECTS OF DETOXIFICATION ON SOME PHARMACOLOGICAL PROPERTIES OF JATROPHA CURCAS LINN. (EUPHORBIACEAE) SEED OIL IN LABORATORY ANIMALS
