Abstract Strategic alliance is one of many methods of strategy development. It has been defined as a situation where two or more organizations share resources and activities to pursue a strategy. Alliances vary considerably in their complexity, from a simple two partner alliance co-producing a product to a one with multiple partners providing complex products, services and solution. Research on strategic collaboration between firms has received increasing attention in literature during the l...
Abstract During school opening days, we have witnessed long queues in the halls of our Commercial Banks arising from the last minute rush by the parents/guardians to pay school fees for their beloved children. In addition, the opening and closing hours of these commercial banks has continued to cause unknown havoc to small and medium scale enterprises who cannot access their services outside their normal but limiting operating hours. This has necessitated the proliferation of Agency Banking ...
Abstract According to the National Water Services Strategy (2007-2015), water is the most important natural resource, indispensable for life and the backbone of the growth and prosperity of mankind. Due to poor access of water and sanitation the Government initiated a process of reforms for the entire water sector which led to a new water policy and new sector strategies with an aim of attaining some outcomes like increased access to water and sanitation, increased funding among others. The ...
Abstract Savings and Credit Co-operative Societies are quasi financial institutions that mobilize savings, provide loans as well as other products to their members. Liquidity is considered as one of the serious concern and challenge for the modern era SACCOs. A SACCO having good asset quality, strong earnings and sufficient capital may fail if it is not maintaining adequate liquidity. The general objective of the study was to assess the financial factors that influence liquidity of Savings a...
Abstract SACCOS are the main drivers of economic and social development in rural areas of developing countries. In Kenya 81% of the population rely on the SACCOs to access financial services. However the use of SACCOs by Kenyans as a financial service provider has been declining. The SACCOs are faced with challenges of survival due to decline of members. The decline is attributed to the competition from other financial institutions which have embraced financial innovations. The study therefo...
Abstract Implementing and adopting the procurement Contracting process in public institutions have continuously faced the challenges due to its complexity and lack of resources that directly impacts the supply chain performance. Institutions are operating in a competitive business environment that is dynamic and unpredictable. Key to optimal performance is understanding the procurement contracting practices; pre-contracting, contracting and post-contracting. The study focused on the procurem...
Abstract inclusive and equitable quality education and promotion of lifelong learning opportunities for all, school accounts management comes as top priority. However this has not been the case as the teachers service commission raised concern on misuse of funds in public secondary schools and warned principals in charge and even indicated interdiction for such cases. In Turkana South, the audit questioned the use of Sh29 million to buy three school buses failing the school budget implementa...
Abstract various restructuring processes such as “moving from good to great” positioning strategy rebranding tactic, value concerns and behavior reassessment. These restructuring strategies are meant to place the financial institution as the market leader in the banking industry not only in Kenya but also yarning to become a Pan African Bank. Indeed, the bank has demonstrated strength in branch network accounting for 359 branches, an asset base of Ksh 1.1 trillion as at 2021 financial re...
Abstract of a myriad of challenges experienced. Academic staff are regarded as the key resource of any institution of higher learning in the achievement of its goals. Despite the empowerment strategies adopted, concerns on quality education in universities has been in the public domain. These include: low output of quality research, teaching competency, unethical practices and few innovations impacting on quality of graduates and ranking of Kenyan universities globally. In view of the forego...
Abstract In every organization procurement function plays an important role. Due to competition and a fast changing market environment many organizations have started implementing supply chain management practices so as to survive in the long run. The study established Supply Chain Management Practices, Government Policy and Procurement Function Performance in Kakamega County, Kenya. Specifically, established the effect of Procurement Planning on procurement function performance in Kakamega ...
Abstract Even though manufacturing firms in Kenya are of great value, there exists inadequacies in their Financial Performance. Kenyan Manufacturing firms are reporting losses as evidenced through accounting conservatism, audit committee shortcomings and low earnings. The purpose of this research was to evaluate how the veracity of financial reports would affect the NSE-traded companies' bottom lines. The key goals of this research were to examine the relationships between business profitabi...
Abstract CCK (2022) found that 11.8% of the consumers were based in Nairobi, while 8.2% and 5.5%, respectively, were from Mombasa and Laikipia. The findings revealed that the average level of satisfaction with private courier service providers was 67%, as determined by the assessment of four specific qualities (service quality: 74%; complaint resolution: 61%; customer service quality: 65%; response time: 68%). There exist deficiencies in the provision of postal and courier services, as well ...
Abstract Kenya witnessed collapse of several banks such as Imperial Bank and Dubai Bank regardless of the corporate aggressively building new competencies and capabilities, to remain competitive and grow profits. The study sought to determine the impact of Financial Strategy implementation, technological innovation, debt restructuring strategy on Performance of commercial banks in Kenya, ascertain the effect of financial risk management strategies on Performance of commercial banks in Kenya ...
Abstract The enactment of the new constitution in 2010 brought to the fore the need for public financial management reforms. The need for reforms was occasioned by the anticipated creation of county governments and inherent risks witnessed previously in the centralized government where colossal amounts of public funds were lost through corruption, unfair allocation of funds fanning inequality. This study sought to examine the effect of internal control on expenditure management by county gov...
Abstract Financial intermediation is one of the most important activities to any business enterprise globally. The primary objective of any business enterprise in its existence being profit and wealth maximization. In view of this, the effect of financial intermediaries are of great importance to emerging economies like Kenya. The general objective of this study was to determine the effect of financial intermediaries on the performance of small and medium enterprises in Kakamega Town, Kenya....