Metropolitan Journal of Academic Multidisciplinary Research

Volume 3, Issue 6 (June)

33 articles
21
Investment Strategies And Financial Performance Of An Organization: A Case Of Kidawalime Bakery Kampala
Kayanga Hellen, Kabanda Richard
Investment Strategies Financial Performance and Organization
This research explores the intricate relationship between investment strategies and the financial performance of Kidawalime Bakery in Kampala. Employing a mixed-methods approach, the study integrates quantitative data, derived from surveys, with qualitative insights gathered through interviews and focus group discussions. The research encompasses diverse perspectives from bakery administrators, staff members, customers, and external business stakeholders, ensuring a comprehensive understanding of the subject. The study's high response rate of 100% from the selected 34 participants enhances the reliability of the findings. Demographic characteristics of the participants reveal a balanced representation of gender, positions within the bakery, and age groups, ensuring a nuanced exploration of the data. In the analysis of findings, the impact of capital expenditure allocation on financial performance is dissected. A consensus among respondents indicates a positive correlation between strategic capital investments and increased revenue, profitability, operational efficiency, and customer satisfaction. The examination of the relationship between product diversification and financial performance highlights the positive influence of a varied product portfolio on customer attraction, financial stability, revenue growth, and market competitiveness. Respondents emphasize the competitive advantage derived from diversified products. The influence of marketing and branding investments on enrollment and customer retention is explored, revealing the pivotal role of effective marketing and branding in customer enrollment, reputation building, customer retention, and fostering customer loyalty. In conclusion, the findings underscore the significance of well-directed capital expenditure, product diversification, and strategic marketing and branding in shaping Kidawalime Bakery's financial performance. The study provides actionable recommendations for optimizing these strategies and emphasizes the need for continued research in this dynamic business landscape.
22
Managerial Competences, External Business Environment And Effective Pricing Among Clearing And Forwarding Logistics Enterprises In Nakawa Division, Kampala.
Kayiwa Nicholas, Irumba Alex
Managerial Competences External Business Environment Pricing Clearing Forwarding Logistics and
This study was to examine the relationship between managerial competences, external business environment and effective pricing among clearing and forwarding logistics enterprises in Nakawa Division, Kampala. The study used a cross-sectional research design along with a quantitative research approach. A sample of 66 clearing and forwarding logistics enterprises was used. Data used herein was obtained from general managers, marketing officers, and risk managers using a structured questionnaire. The study presented results using frequency tables, correlation and regression analysis models. The study found a positive relationship between managerial competences and effective pricing. There was a positive relationship between external business environment and effective pricing. The study noted that managerial competences and external business environment significantly predict effective pricing. The study also found that external business environment was a better predictor of effective pricing. The study concludes that managerial competence and external business environment are core factors for effective pricing among clearing and forwarding logistics enterprises. The study recommends that clearing and forwarding logistics enterprises should continuously carryout environmental scanning and analysis; and enhance competences of managers to ensure effective pricing. The areas for further research include: examination of the relationship between external business environment and effective pricing among clearing and forwarding logistics enterprises focusing on other dimensions other than competition, technology, and economic conditions and examining relationship between managerial competences, external business environment and effective pricing across different enterprises other than clearing and forwarding logistics.
23
Organization Design And Employee Performance: A Case Study Of Bank Of Uganda
Bateesa Nakanjako Lillian, Magala Muhamed
Organization Design Employee and Performance
The purpose of this study was to examine the effect of Organization Design on employee performance in Bank of Uganda, centering on three elements of Organization Design that is, Organizational Structure, Rewards and Organizational Culture. The study adopted a correlational research design, since it sought to establish the relationship between Organization Design (Organizational Structure, Rewards and Organizational Culture) and employee performance. The study was also descriptive in nature since it sought to describe characteristics of a group of employees in Bank of Uganda. The sample size was 201 staff of Bank of Uganda out of an accessible population of 247. The data were collected through questionnaires which were statistically analyzed through descriptive, correlation and regression analyses. Qualitative data were obtained through interviews and open-ended questions in the questionnaires. The study found that organizational structure, rewards and organizational culture were all positively and significantly related to employee performance. It was therefore concluded that any improvement in organizational structure, rewards or organizational culture would lead to an increase in employee performance in Bank of Uganda and vice versa. The key recommendations are; Bank of Uganda should enhance its organizational structure, rewards and organizational culture simultaneously in order to improve performance of employees. The organizational structure should be modified, so that it is flexible enough to support employee involvement, allow more decision-making at lower levels, and encourage creativity and innovativeness. Bank of Uganda should also improve its rewards by revising its policies on promotion, training and recognition and also introducing performance-based pay. Lastly, Bank of Uganda should conduct leadership/ management assessments, in order to identify areas that require improvement, and provide training and development plans focusing on the specified areas. Management practices that encourage employee engagement should also be reexamined to further improve employee performance.
24
Psychological And Social Challenges Affecting The Welfare Of Widows: A Case Study Of Bugeshe Parish, Nyakayojo Division
Ruth Nahwera
Psychological Social Challenges Welfare and Widows
The study assessed the influence of psychological on social challenges affecting the welfare of widows. It was guided by the following objectives; the psychological challenges affecting the wellness of widows, the social challenges affecting the wellness of the widows and the interventions that widows adopt to deal with the psychosocial challenges and improve widow wellness. The study used a descriptive survey design. A sample size consisted of 50 respondents where 5 were local leaders, 45 were widows. Purposive sampling and simple random sampling techniques were used to select and obtain the respondents. Data collection methods included questionnaires and interviews. Data were analyzed using both qualitative and quantitative data analysis methods. The study finding showed that the psychological challenges ideas (6%) felt depressed / feeling demoralized, (4%) experienced crying spells, (6%) confusion. The study finding revealed that the social challenges that emerged from the study included the following; (14%) poverty / financial stress, (16%) conflicts / threatened by in-laws / not. The study findings revealed interventions that the widow respondents made use of to improve on their wellness as; (10%) seeking divine intervention, (10%) social support, (10%) keeping busy. It was concluded that the psychological challenges affecting the welfare of widows include; Felt Depressed / feeling demoralized, Experienced crying spells, Hopelessness / lost all / hated myself / saw darkness / suicidal feelings, Felt Shock, denial, confusion, Annoyance, anger, loss of sleep, felt pain, felt sickly / hospitalized, lost appetite, fear of responsibility, felt threatened / fear for life and feelings of regret. It was also concluded that social challenges affecting the welfare of widows include; isolated / isolated by married women / selfpity, discriminated. It was recommended that widows and the church communities should be fully appraised with the plight of widows and the study finding through awareness creation opportunities. The opportunities would sensitize and create awareness on psychosocial challenges that might impact on widow wellness in the event of spousal death.
25
Stock Controls On Management Of Costs In Organizations. A Case Of Mukwano Group Of Companies.
Nakalyango Hildah, Dr Arinaitwe Julius
Stock Controls Management Costs and Organizations
This research paper aimed to investigate the role and impact of stock control strategies in managing costs within organizations using Mukwano Group of Companies, a leading manufacturing conglomerate in Uganda, as a case study to analyze how effective stock management strategies could have helped reduce inventory holding costs and optimize operational efficiency. By implementing comprehensive inventory control techniques to regulate stocking levels, monitor consumption patterns, minimize overstocks and outdates, conduct regular cycle counting and reconciliation, leverage automated re-order alerts and stock takes, and analyze overall stock-turnover rates, companies were better positioned to lower their costs of carrying excess or obsolete inventory, avoid shortages that disrupted production schedules, and ensure value-adding resources were deployed most judiciously for optimal return on investment. At Mukwano Group, which consisted of over a dozen manufacturing units across several sectors, understanding current stock control procedures across divisions and plants, examining areas where wastage existed, benchmarking leading global practices, and developing customized improvement plans tailored to each business line's requirements became crucial to strengthening governance over inventory, cutting capital locked in unnecessary stock, and freeing financial resources for other value-driving initiatives imperative for sustained competitiveness in the market. From the findings, there was a moderate positive relationship between stock planning and performance of utility organizations in Uganda, (r=0.607 p=0.000 N=58). The relationship was statistically significant at 95% confidence level since pvalue<0.050(=0.000). With a detailed case investigation and recommendations implemented, it was expected the company would have seen notable gains from an optimized stock control environment where critical metrics were constantly reviewed to drive sustained enhancements in working capital management, cost optimization, minimal downtimes, and overall productivity enhancement - outcomes important in the manufacturing sector's goal of maximizing value for all stakeholders involved in the process. Utility organizations should introduce tighter security for stock control so that theft, obsolesce, and vandalizing of inventories by staff is eliminated. This will ensure reduced cost on expenditure on inventories.
26
Supplier Selection Process And Product Quality Management. A Case Of Wakiso Local Government
Mbabazi Cissy Gloria, Mwesigwa Henry
Supplier Selection Process Product Quality and Management
The study was about supplier selection process and product quality management. The objectives of the study were to evaluate the effect of international competitive tendering on quality management, to find out the influence of single source on product quality management, and to establish the relationship between National competitive tendering and product quality management in Wakiso Local Government. A cross sectional research design was undertaken to conduct the study. Primary and secondary data was collected for purposes of the study. Primary data was collected using the questionnaires and secondary data was extracted from the internet, textbooks, journal articles, and other research publication. The literature review indicated that the process of supplier selection is a very complex one which involves a number of steps to ensure controls, departments, factors that affect it, and individual involvement. A critical analysis showed that there is a marked relationship between supplier selection process and product quality management and of an organization. This relationship was a collection of scholarly arguments stipulated in different reading materials and from the primary data collected from the respondents. From the findings, there was a weak positive statistically significant associate relationship between international competitive tendering and product quality management of r=0.526; significant relationship of 0.003<0.05. The study recommends continued innovation, sourcing the right of supplies and employee involvement in supplier selection process and product quality management to businesses in the economy. The researcher also suggests that there is need to vary out national competitive tendering since it encourages monitoring, feedback and continuous improvements which can be important in boasting productivity and quality management in an organization.
27
Taxation Policy And The Growth Of Small Scale Business. A Case Study Of Kasubi Market Kampala District
Kuguma Sharon, Babirye Shamirah
Taxation Policy Growth and Small-Scale Business
Small scale business plays a critical function in the advancement of the Uganda Economy. The subsector’s contribution to the monetary development of the country in the past few years is very evident particularly in relation to job creation, improvement in innovation, raising of people’s livelihood, as well as financial contribution to 45% of the gross domestic product (GDP) of the country, (Economic Survey2014/2015). This research focused on the tax influence on SSB sector growth in Kasubi market Taxation was viewed in three spheres namely; tax rates, tax policy and the types of taxes and how each one of them affects growth of small-scale business in Kasubi market. The study benefits the various stakeholders such as the traders who will understand taxation, taxes being one of the operational costs of business and are involuntary; the legislature (Parliament) who will get informed on areas to amend in the Tax Act and include parts that serves the public wholesomely; the Uganda Revenue Authority (URA) that will use more appropriate methods when collecting taxes, the investigation utilized a descriptive research design. Primary data was gathered using structured questionnaires. The population of this study was managers, owners and employees of selected SSB in Kasubi market. A stratified sampling method was employed to determine a sample of 626 study participants from the entire population. The data obtained was analyzed quantitatively using descriptive statistics. The presentation methods of statistics used included frequency distribution, tables and bar graphs. The study established a significant correlation between taxation and the growth of the SSB sector. From the findings of the study it was concluded that high tax rates have a significant effect on the growth of SSB. The better the tax rates the more the SSB grow. If the tax rates are high, the profit margins of the firms become too small to improve on the scale and size of the business as the SSB will hardly have enough capital to re-invest. It can be also concluded that better tax policies have a positive effect on the growth of SSBs thus the more favorable the tax policies are, the better the growth trends for SSB. Types of taxes are concluded to have a significant effect on the growth of SSBs. Since the types of tax are determined by the level of income that the SSB receive, if better and favorable types of taxes are adopted, then they would boost expansion of SSB. It is the recommendation of this research report that more friendly tax policies be employed for start-up businesses such as tax holiday, or introducing a growth limit with a level that is sufficiently stable to sustain payment of taxes. The study is further of the view that the Tax agency, URA, need to review its taxation procedures as well as heightened research on firm’s management procedures, the role of taxation policy and distribution of taxes in micro enterprises
28
The Effect Of Record Keeping On Organizational Performance. A Case Study Of Sumz Enterprises Nansana
Anguyo Ivan, Okee Jill Margaret
Record Keeping Organizational and Performance
The aim of this study was to examine the effect of record keeping on organizational performance under the guidance of a descriptive research design with a population of 76 respondents. The study aimed at determining the effect of; keeping financial record on organizational productivity, keeping administrative records on business decision making and record keeping on financing and managing business resources and capital. It was observed that all respondents 76 (100%) agreed that administrative records support openness and transparence, 68 (89.4%) of the respondents agreed that administrative records support quality program and services among employees while 2 (2.6%) of the respondents were not sure however 6 (8%) disagreed with the statement and when respondents were asked if administrative records inform decision making and help meet organizational goals, more than half 51 (67.1%) agreed with the statement, 11 (14.5%) were not sure with the statement while 14 (18.4%) disagreed with the statement. It was concluded that with better record keeping system, the management is informed of the past financial experiences, make informed decisions and make vulnerable plans for future investments. If the business cannot combat the ill effects of poor record keeping on its success, such businesses will surely diminish.
29
The Effects Of Monitoring And Evaluation On The Success Of Government Projects In Uganda. A Case Study Of Iganga Municipality
Ahumuza Ronath, Babirye Shamirah
Monitoring Evaluation and Government Projects
This qualitative study examined the effects of monitoring and evaluation on the success of government projects in Uganda. The study was guided by the result-based management theory as a resource management strategy. The theory has significant implications for strategic planning, monitoring and evaluation. RBM places the measurement of results at the heart of management. There are passionate debates about how useful or appropriate it is within social development. The study was guided by the following objectives; to examine the role of M&E team capacity and skills in successful implementation of projects, to examine the role of M&E transparency and accountability in successful implementation of projects and to examine the role of M&E participatory decision-making in success of projects. The study revealed that 36 (92.3%) of the study’s respondents agreed that projects are completed on schedule and on budget, 2 (5%) were not sure with the statement while 1 (2.7%) disagreed with the statement. With respect to skilled monitoring personals encourage diversity of thoughts and opinions, 29 (74.4%) of the respondents agreed to the statement, 8 (20.5%) were not sure however 2 (5.1%) disagreed with the statement. The study was conducted from Iganga municipality with a population of 39 respondents. The study revealed that monitoring and evaluation team capacity equips government with appropriate monitoring and monitoring skills. The study furthermore recommends that in absence of monitoring and evaluation the, Iganga municipality programs will not achieve the set goals. The study observed that majority of the employees at Iganga municipality are female employees, so the study recommends Iganga chief executive officer to always consider gender balance among employees.
30
The Impact Of Auditing On Financial Performance Of An Organization. A Case Study Of Kasese Municipal Council
Kiripi Jeninah, Zikusooka Enock
Auditing Financial Performance and Organization
This study focused on the impact of auditing on the financial performance of kasese municipal council. In this study auditing was the independent variable and financial performance (measured by the revenue growth, profitability, liquidity & solvency factors) was the dependent variable. Primary data and secondary data sources were used. Quantitative methods were used to collect and analyze the data. The study objectives included: To investigate how Auditing affect, the financial performance of kasese Municipal Council, to examine the relationship between Auditing and financial performance of kasese Municipal Council and to establish the contribution of Auditing towards the financial performance of kasese Municipal Council. The quantitative methods like questionnaires were used. The research findings shown by correlation analysis generally indicated that there was a significant positive relationship between the auditing measures and the financial performance (r>.6; p=.000 in all cases). Regression models also indicated that auditing (independent variable) was a better predictor of the variation in the financial performance (dependent variable). The researcher recommended further research into other factors that affect financial performance of kasese municipal council since the regression analysis indicated that only 60.0% variation in the financial performance was accounted for by the independent variable.