In recent time's shea butter and rice processing has emerged as a promising economic activity. Shea butter especially has gained international recognition because of its therapeutic properties and the local is deemed to be high nutritional value than the imported foreign rice. The study basically sought to find out how micro credit has impacted on rural women involved in the production and processing of rice and shea butter. In view of the objectives stated, various research methodologies wer...
Abstract Liquidity management is one of the most important duties in any company and thus it cannot be overlooked. Sound liquidity management is integral for financial institutions stability and profitability since deteriorating liquidity management is the most recurrent cause of poor financial performance. In many financial institutions, the biggest risk is lending money and not getting it back leading to liquidity problems as most MFIs in Kenya have no access to a lender of the last resort...
Abstract Through a risk-based internal audit (RBIA), companies can use internal audit capabilities to improve management and control of risks. It also improves the accountability and accuracy of financial statements. This study focused on the deposit-taking savings and credit cooperatives (DT-SACCOs) in Nairobi Metropolis, Kenya. Some DT-SACCOs today are faced with the challenges of auditing in their operations despite having an audit department in place. A risk-based internal audit helps an...
Abstract Agro-processing plays a pivotal role in enhancing economic growth and socio-welfare at large. However, over the last two decades, the financial performance of small-scale agroprocessing firms, including coffee, has declined. Small-scale coffee processors have put in place robust initiatives in a bid to improve their performance financially. Despite the initiatives, the coffee sector has continued to underperform. Farmers have been disgruntled by poor returns making the sector an u...
Abstract The obligation of meeting current and future mandate of public universities remains a big challenge as the universities are required to work within very tight budgetary constraints. Thus, the objective of financial sustainability is to ensure an institutions goals are reached by ensuring there is sufficient income for investment in academic and research activities. The costs of universities activities are rising which leads to the financial sustainability of universities being a pri...
Abstract In any institution, success is majorly determined by the procurement practices adopted and how well these procurement practices are implemented. A function that greatly influences the strategies of an organization, as well as the smooth flow of services, is the procurement function which is built around procurement practices. The study specifically assessed the effect of procurement planning, financial resource management, strategic partnerships and inventory management on supply ch...
Abstract End user involvement in specifications development refers to a process in which an explicit set of requirements to be satisfied by a material, product, or service is given by a buyer to the supplier. The research concerns itself with the critical role played by the end users in the supply chain performance. The study sought to establish the effects of end user involvement in the supply chain performance of higher learning institutions in Kenya. This study therefore, assessed the eff...
Abstract Public Private Partnership (PPP) is a long term agreement between public and private sector where risks and rewards are shared in developing a public facility. Private sector play a monumental role in bridging public finance deficit on capital projects. In Kenya, the government has created necessary environment for private sector participation in the country’s infrastructure development to spur economic growth. Despite the enactment of requisite laws and political support of PPPs,...
Abstract In this period of globalization when the world is consistently experiencing numerous rapid changes in various grounds, the atmosphere that the organizations operate on is dynamic and unstable. This has led to strategic planning to facilitate an organizational framework that necessitates changes and gain a competitive edge. In this study, the main objective was to establish influential factors of strategic plans implementation in universities a case of universities in the Mount Kenya...
Abstract Performance of employees influences the current performance and future competitive advantage of the organizations they are working for. The quality and capacity of work made by employees is influenced by the workplace environment. However, un conducive workplace environment results in low employee output and reduce their job fulfillment. Therefore, if steps are taken to improve employee satisfaction, overall organizational performance is enhanced. The study sought to establish the i...
Abstract The potential to increase service performance and delivery through performance contracting have seen accelerated effort in research in this relatively new concept of management in Kenya. Most studies have focused on performance management, performance measurement, commitment, and target meeting. The identified problem in this study was the changing roles of employees, yet the targets to measure their performance were static, measure and evaluation procedures were not standardized fr...
Abstract The global business environment is today faced with uncertainty and various complexities. Innovation, taking risk and ability to pioneer ideas has been proven to contribute immensely to the financial wellness and strategic value of big corporations as well as small and medium enterprises. In the quest to address the causation for intrapreneurial orientation in organisations, the study investigated five independent variables namely; management support, work discretion, rewarding intr...
Abstract The study sought to find answers to the questions on implementation of strategic decision whereby it focused on private secondary schools in Nairobi County. Specifically, the study aimed at determining the effects of top management commitment, coordination of activities, employee skills and responsibilities and organization culture on implementation of strategic plans in private secondary schools in Nairobi County. A descriptive study was used since it was seen by the researcher as ...
Abstract Enhancement of revenue collection in counties is core to meeting their financial responsibilities which will lead to recognition of their directive to offer valuable and well-timed services to the residents and the demand for which may possibly surpass the available resources. Counties have sufficient revenue stations to fund the current service levels, but revenue collection levels often do not meet projections. According to reports by the Controller of Budget, revenue collection b...
Abstract Microfinance Institutions services have continued to play an important role in Kenyan economy. It is viewed as the provision of financial services to the poor and low income group. Microfinance Institutions in Kenya have gained wide recognition since 1990’s for the role they play in providing financial services to the low-income households, and their contribution to poverty alleviation. While achieving this poverty reduction goal, MFIs should also be financially sustainable. The i...