Nigerian oil and gas companies are major players in the transformation of the Nigerian economy as well as the growth of the global oil and gas products market, with the aim of promoting the rapid expansion of Nigerian oil and gas companies. The study examined the impact of growth strategy and performance of oil and gas companies in Nigeria 2006 - 2020 . The specific objectives were to determine the impact of strategic expansion on market share and the impact of strategic investment on return on asset. The annual financial statements of companies operating at the upstream, downstream, and midstream listed on the Nigerian Stock Exchange were used for this study. The study adopted a panel research survey. Ordinary least squares regression analysis was used to test the effect of the independent variables on the dependent variables. The findings showed that strategic expansion has a positive effect on market share, while strategic investment has a positive impact on return on asset. Therefore, the study recommends that oil and gas companies' management should take advantage of strategic expansion and strategic investment to increase their market share and return on asset. Oyakhire Victor Alaba | Prof. Akpan L. Patrick "Growth Strategy and Performance of Oil and Gas Companies in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, URL: https://www.ijtsrd.com/papers/ijtsrd46431.pdf Paper URL : https://www.ijtsrd.com/management/strategic-management/46431/growth-strategy-and-performance-of-oil-and-gas-companies-in-nigeria/oyakhire-victor-alaba
Since the start of 2008 Leading Edge has been running our 'State of the Industry Barometer' on a quarterly basis to find out how construction businesses are dealing with the market conditions. The survey is run in association with the Chartered Institute of Marketing's Construction Industry Group and Construction News.
Barry Callebaut Group - Half-Year Results Fiscal Year 2017/18 - Media/Analyst...Barry Callebaut
Antoine de Saint-Affrique, CEO of the Barry Callebaut Group, said: “We had a very strong performance in the first six months of the current fiscal year, which was supported by all product groups and regions, as well as our key growth drivers. This resulted in the continued improvement of our profitability, driven by a favorable mix, operational leverage and a more supportive market.”
Since the start of 2008 Leading Edge has been running our 'State of the Industry Barometer' on a quarterly basis to find out how construction businesses are dealing with the market conditions. The survey is run in association with the Chartered Institute of Marketing's Construction Industry Group and Construction News.
Barry Callebaut Group - Half-Year Results Fiscal Year 2017/18 - Media/Analyst...Barry Callebaut
Antoine de Saint-Affrique, CEO of the Barry Callebaut Group, said: “We had a very strong performance in the first six months of the current fiscal year, which was supported by all product groups and regions, as well as our key growth drivers. This resulted in the continued improvement of our profitability, driven by a favorable mix, operational leverage and a more supportive market.”
Demo Example of Business plan for petrochemical companyShamil Fataliyev
Here is my example of the business plan and strategic market penetration of Iran Petrochemical Company in the demo version. This shows how I use my professional skills in business development, market research, marketing plan and financial analysis.
The quarter one investor update of July highlights the achievements of GHCL in chemicals, textiles and consumer products. It also highlights the current pandemic situation and the impact it has made on the industry. With an emphasis on the core values, GHCL focuses on profitable yet sustainable growth that can be noted in the incentives and approaches it takes.
Sustainability Reporting and Corporate Performance of Conglomerate and Indust...YogeshIJTSRD
Sustainability reporting remains a continuing concern as stakeholders demand for firms to be more socially, environmentally, and economically responsible continues to increase especially in developing countries like Nigeria. Thus, the study examined the effect of sustainability reporting disclosures of conglomerate and industrial goods manufacturing firms in Nigeria on their market share and return on assets. The study employed an ex post facto research design as data were obtained from the annual report of firms for a period of ten years 2010 2019 . Multiple regression analytical tools with the help of SPSS version 23 were used in analyzing the data for 16 conglomerate and industrial goods firms selected using the purposive sampling technique. The findings revealed that sustainability reporting has positive effect on market share and return on assets of firms studied. Based on the findings, it was concluded that sustainability reporting affects the performance of manufacturing firms and it was recommended that standard setters and government should develop a standard mandatory disclosure framework to ensure consistency and uniformity in reporting and also, companies are encouraged to disclose their economic, social and environmental information all geared to help stakeholders make informed decision. Okoye, Ezinne Chimaram | Ezeagba, Charles Emenike "Sustainability Reporting and Corporate Performance of Conglomerate and Industrial Goods Firms in Nigeria: An Empirical Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd44977.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/44977/sustainability-reporting-and-corporate-performance-of-conglomerate-and-industrial-goods-firms-in-nigeria-an-empirical-study/okoye-ezinne-chimaram
“Working Capital Management and Firms Financial Performance of Oil Companies ...IOSRJBM
The research examined the connection amid Working Capital Management (WCM) in addition to Financial Performance of Oil companies in Nigeria. The Quasi-Experimental design was employed. The hypotheses were tested by using the Pearson Product Moment Correlation (PPMC). Data analysis results point to that of a progressive and perfectly substantial relationship amongst investing and financing rules and Return on Assets (ROA) exists; a neutral and minor relationship amid both financing and investing policies and earnings per share (EPS) exists. Furthermore, there is an insignificant but undesirable relationship amongst investing and financing rules and return on equity (ROE). Conclusively, WCM impacts performance of Nigerian firms primarily from the domain of ROA. It is recommended amongst others that the comprehensive appraisal of fiscal performance trends and WCM framework; Firms in the sector should establish adequate benchmarks of working assets components in order for emerging obligations to be met adequately.
The study purposed to establish the effect of price differentiation strategy on performance of selected
edible oils manufacturing firms in Kenya. The study adopted a causal research design and was guide by the
porter’s theory of competitive advantage. The target population was 104 respondents which consisted of the top
and middle level employees
Firm Characteristics and Financial Performance Evidence from Quoted Manufactu...ijtsrd
This study ascertained the relationship between Firm Characteristics and Financial Performance with a focus on quoted manufacturing firms in Nigeria. The specific objectives are to ascertain the relationship between Leverage, Board Size, and Tobin's Q of quoted manufacturing firms in Nigeria from 2010 2019. This study employed the use of Panel Data and Ex post facto research design. Secondary data were sourced from the publications of Nigeria Stock Exchange NSE and annual reports and accounts of the sampled firms. The data analyses were done through descriptive and inferential statistics. Descriptive statistics was done using trend analysis and multiple comparison of mean standard deviation of variables. Multivariate linear regression analysis via E Views 9.0 statistical software was used to test the hypotheses. The findings of this study are inter alia leverage and board size has significant negative relationship with Tobin's Q at 5 level of significance. It was recommended amongst others that firms need to use proportionate debt financing in relation to total capital financing in order to reverse the inverse relationship between leverage and Tobin's Q. Therefore, firms need to use debt financing up to a point where any extra debt financing reduces net cost to the firm. Okafor, Tochukwu G. | Ossai, Eke Celestine "Firm Characteristics and Financial Performance: Evidence from Quoted Manufacturing Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47517.pdf Paper URL : https://www.ijtsrd.com/management/accounting-and-finance/47517/firm-characteristics-and-financial-performance-evidence-from-quoted-manufacturing-firms-in-nigeria/okafor-tochukwu-g
Strategic Drift and Organizational Culture in Oil and Gas Company of NigeriaDr. Amarjeet Singh
The main purpose of this study was to examine the impact of strategic drift on organizational culture in the oil and gas company of Nigeria. The study used a survey research design. The primary method of data collection was employed for the study. A quantitative approach and multiple regression analysis were adopted for testing the hypotheses. Findings from the study revealed that strategic resilience, organizational flexibility and managerial culture have significant and positive relationships with organizational culture in the Oil and Gas Company of Nigeria, while has not significantly impacted the organizational culture in the Oil and Gas Company of Nigeria. The paper provides that strategic managers of the oil and gas companies in Nigeria need to build and improve on strategic resilience capability. The managers of oil and gas companies should encourage the widespread use of formal and informal organizational flexibility as a strategy to meet business, individual needs and good culture for sustainability. The research provides some contributions in theory and strategic management. The paper has provided insight for management thinking in terms of strategic drift and organizational culture in the Oil and Gas companies of the developing economy which has not been studied in the previous literature.
Demo Example of Business plan for petrochemical companyShamil Fataliyev
Here is my example of the business plan and strategic market penetration of Iran Petrochemical Company in the demo version. This shows how I use my professional skills in business development, market research, marketing plan and financial analysis.
The quarter one investor update of July highlights the achievements of GHCL in chemicals, textiles and consumer products. It also highlights the current pandemic situation and the impact it has made on the industry. With an emphasis on the core values, GHCL focuses on profitable yet sustainable growth that can be noted in the incentives and approaches it takes.
Sustainability Reporting and Corporate Performance of Conglomerate and Indust...YogeshIJTSRD
Sustainability reporting remains a continuing concern as stakeholders demand for firms to be more socially, environmentally, and economically responsible continues to increase especially in developing countries like Nigeria. Thus, the study examined the effect of sustainability reporting disclosures of conglomerate and industrial goods manufacturing firms in Nigeria on their market share and return on assets. The study employed an ex post facto research design as data were obtained from the annual report of firms for a period of ten years 2010 2019 . Multiple regression analytical tools with the help of SPSS version 23 were used in analyzing the data for 16 conglomerate and industrial goods firms selected using the purposive sampling technique. The findings revealed that sustainability reporting has positive effect on market share and return on assets of firms studied. Based on the findings, it was concluded that sustainability reporting affects the performance of manufacturing firms and it was recommended that standard setters and government should develop a standard mandatory disclosure framework to ensure consistency and uniformity in reporting and also, companies are encouraged to disclose their economic, social and environmental information all geared to help stakeholders make informed decision. Okoye, Ezinne Chimaram | Ezeagba, Charles Emenike "Sustainability Reporting and Corporate Performance of Conglomerate and Industrial Goods Firms in Nigeria: An Empirical Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, URL: https://www.ijtsrd.com/papers/ijtsrd44977.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/44977/sustainability-reporting-and-corporate-performance-of-conglomerate-and-industrial-goods-firms-in-nigeria-an-empirical-study/okoye-ezinne-chimaram
“Working Capital Management and Firms Financial Performance of Oil Companies ...IOSRJBM
The research examined the connection amid Working Capital Management (WCM) in addition to Financial Performance of Oil companies in Nigeria. The Quasi-Experimental design was employed. The hypotheses were tested by using the Pearson Product Moment Correlation (PPMC). Data analysis results point to that of a progressive and perfectly substantial relationship amongst investing and financing rules and Return on Assets (ROA) exists; a neutral and minor relationship amid both financing and investing policies and earnings per share (EPS) exists. Furthermore, there is an insignificant but undesirable relationship amongst investing and financing rules and return on equity (ROE). Conclusively, WCM impacts performance of Nigerian firms primarily from the domain of ROA. It is recommended amongst others that the comprehensive appraisal of fiscal performance trends and WCM framework; Firms in the sector should establish adequate benchmarks of working assets components in order for emerging obligations to be met adequately.
The study purposed to establish the effect of price differentiation strategy on performance of selected
edible oils manufacturing firms in Kenya. The study adopted a causal research design and was guide by the
porter’s theory of competitive advantage. The target population was 104 respondents which consisted of the top
and middle level employees
Firm Characteristics and Financial Performance Evidence from Quoted Manufactu...ijtsrd
This study ascertained the relationship between Firm Characteristics and Financial Performance with a focus on quoted manufacturing firms in Nigeria. The specific objectives are to ascertain the relationship between Leverage, Board Size, and Tobin's Q of quoted manufacturing firms in Nigeria from 2010 2019. This study employed the use of Panel Data and Ex post facto research design. Secondary data were sourced from the publications of Nigeria Stock Exchange NSE and annual reports and accounts of the sampled firms. The data analyses were done through descriptive and inferential statistics. Descriptive statistics was done using trend analysis and multiple comparison of mean standard deviation of variables. Multivariate linear regression analysis via E Views 9.0 statistical software was used to test the hypotheses. The findings of this study are inter alia leverage and board size has significant negative relationship with Tobin's Q at 5 level of significance. It was recommended amongst others that firms need to use proportionate debt financing in relation to total capital financing in order to reverse the inverse relationship between leverage and Tobin's Q. Therefore, firms need to use debt financing up to a point where any extra debt financing reduces net cost to the firm. Okafor, Tochukwu G. | Ossai, Eke Celestine "Firm Characteristics and Financial Performance: Evidence from Quoted Manufacturing Firms in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47517.pdf Paper URL : https://www.ijtsrd.com/management/accounting-and-finance/47517/firm-characteristics-and-financial-performance-evidence-from-quoted-manufacturing-firms-in-nigeria/okafor-tochukwu-g
Strategic Drift and Organizational Culture in Oil and Gas Company of NigeriaDr. Amarjeet Singh
The main purpose of this study was to examine the impact of strategic drift on organizational culture in the oil and gas company of Nigeria. The study used a survey research design. The primary method of data collection was employed for the study. A quantitative approach and multiple regression analysis were adopted for testing the hypotheses. Findings from the study revealed that strategic resilience, organizational flexibility and managerial culture have significant and positive relationships with organizational culture in the Oil and Gas Company of Nigeria, while has not significantly impacted the organizational culture in the Oil and Gas Company of Nigeria. The paper provides that strategic managers of the oil and gas companies in Nigeria need to build and improve on strategic resilience capability. The managers of oil and gas companies should encourage the widespread use of formal and informal organizational flexibility as a strategy to meet business, individual needs and good culture for sustainability. The research provides some contributions in theory and strategic management. The paper has provided insight for management thinking in terms of strategic drift and organizational culture in the Oil and Gas companies of the developing economy which has not been studied in the previous literature.
EY Analyst themes of quarterly oil & gas earnings: 3Q18EY
Oil & gas companies are reporting stronger cash flows and improved bottom lines. Analysts are focused on how that cash will be put to work. Do they return cash to shareholders or do they expand portfolios, possibly taking advantage of stronger market indicators? Macro factors and timing are likely to play a greater role as markets reset.
Larsen & Toubro - Outthink 2017 (Strategy Case Competition) - Grand FinaleAnupreet Choudhary
As Sanjay Sharma (Strategy Consultant from Corn & Cherry, Abu Dhabi), we were asked to make a presentation to Corn & Cherry panel. We had to make a 10 slide presentation highlighting the 10-year strategic roadmap for LTHE (referred as DGHE in the case).
highly fragmented Indian specialty chemicals industry currently has revenues of USD 30 Bn and is expected to grow ~14% per annum over the next decade. It is observed that companies who have invested in product development have grown rapidly and have also expanded globally. Hence, these companies become attractive for large global players and equity investors. Recent M&A transactions in the speciality chemicals space show that most speciality chemical companies were able to attract valuations in excess of 10X EBITDA multiples. The pace of deal making activity is expected to continue with attractive valuations as India is the preferred investment destination in Asia
Quantitative Analysis on Financial Performance of Merger and Acquisition of I...IJAEMSJORNAL
In general, Mergers and Acquisitions (M&A) are becoming more common around the world as a way to strengthen companies by raising their profile, diversifying their portfolios to reduce business risks, expanding into new markets and topographies, and exploiting economies of scale, among other things The information analysis identified by all five financial metrics, such as ROI, will provide data about profitability, liquidity, leverage, and efficiency using all seventeen ratios. T-Test is a cumulative analysis that is typically examined in detail using factual research methods that are linked to all seventeen proportions. The general analysis of financial performance and the overall scientific theory of outcomes complete the final section. Since the analyst is unable to conduct the exam on a full scale, it was done on a miniature scale. The study community includes a wide range of organisations with a wide range of business operations and unusual business practises.
Sustainability Environmental Disclosure and Financial Performance of Oil and ...ijtsrd
This study determined whether sustainability environmental disclosure affect financial performance of oil and gas companies in Nigeria. Specific objectives include to determine the effect of pollution control disclosure and on financial performance of oil and gas companies in Nigeria evaluate the effect of recycling disclosure on financial performance of oil and gas companies in Nigeria and examine the effect of restoration disclosure on financial performance of oil and gas companies in Nigeria. Ex post facto research design was adopted for the study. The population of this study covered the nine quoted oil and gas on the Nigerian Stock Exchange. Data were collected from annual accounts of these nine quoted oil and gas and the formulated hypotheses were tested using regression analysis with aid of E view 9.0. The study found that Environmental protection disclosure has positive but not significant effect on financial performance of oil and gas companies in Nigeria Pollution control disclosure has no positive and significant effect on financial performance of oil and gas companies in Nigeria Recycling disclosure has positive but not significantly affect financial performance of oil and gas companies in Nigeria Restoration disclosure has no positive and significant effect on financial performance of oil and gas companies in Nigeria. Based on the findings, the study recommended among others that firm should reduce their spending on environmental protection or make it cost effective in other to increase firms’ return on assets. Okafor, Godson Ikechukwu | Anichebe A. S | Emeka-Nwokeji N. A | Agubata N. S "Sustainability Environmental Disclosure and Financial Performance of Oil and Gas Companies in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49135.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/49135/sustainability-environmental-disclosure-and-financial-performance-of-oil-and-gas-companies-in-nigeria/okafor-godson-ikechukwu
‘Six Sigma Technique’ A Journey Through its Implementationijtsrd
The manufacturing industries all over the world are facing tough challenges for growth, development and sustainability in today’s competitive environment. They have to achieve apex position by adapting with the global competitive environment by delivering goods and services at low cost, prime quality and better price to increase wealth and consumer satisfaction. Cost Management ensures profit, growth and sustainability of the business with implementation of Continuous Improvement Technique like Six Sigma. This leads to optimize Business performance. The method drives for customer satisfaction, low variation, reduction in waste and cycle time resulting into a competitive advantage over other industries which did not implement it. The main objective of this paper ‘Six Sigma Technique A Journey Through Its Implementation’ is to conceptualize the effectiveness of Six Sigma Technique through the journey of its implementation. Aditi Sunilkumar Ghosalkar "‘Six Sigma Technique’: A Journey Through its Implementation" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64546.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/64546/‘six-sigma-technique’-a-journey-through-its-implementation/aditi-sunilkumar-ghosalkar
Edge Computing in Space Enhancing Data Processing and Communication for Space...ijtsrd
Edge computing, a paradigm that involves processing data closer to its source, has gained significant attention for its potential to revolutionize data processing and communication in space missions. With the increasing complexity and data volume generated by modern space missions, traditional centralized computing approaches face challenges related to latency, bandwidth, and security. Edge computing in space, involving on board processing and analysis of data, offers promising solutions to these challenges. This paper explores the concept of edge computing in space, its benefits, applications, and future prospects in enhancing space missions. Manish Verma "Edge Computing in Space: Enhancing Data Processing and Communication for Space Missions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64541.pdf Paper Url: https://www.ijtsrd.com/computer-science/artificial-intelligence/64541/edge-computing-in-space-enhancing-data-processing-and-communication-for-space-missions/manish-verma
Dynamics of Communal Politics in 21st Century India Challenges and Prospectsijtsrd
Communal politics in India has evolved through centuries, weaving a complex tapestry shaped by historical legacies, colonial influences, and contemporary socio political transformations. This research comprehensively examines the dynamics of communal politics in 21st century India, emphasizing its historical roots, socio political dynamics, economic implications, challenges, and prospects for mitigation. The historical perspective unravels the intricate interplay of religious identities and power dynamics from ancient civilizations to the impact of colonial rule, providing insights into the evolution of communalism. The socio political dynamics section delves into the contemporary manifestations, exploring the roles of identity politics, socio economic disparities, and globalization. The economic implications section highlights how communal politics intersects with economic issues, perpetuating disparities and influencing resource allocation. Challenges posed by communal politics are scrutinized, revealing multifaceted issues ranging from social fragmentation to threats against democratic values. The prospects for mitigation present a multifaceted approach, incorporating policy interventions, community engagement, and educational initiatives. The paper conducts a comparative analysis with international examples, identifying common patterns such as identity politics and economic disparities. It also examines unique challenges, emphasizing Indias diverse religious landscape, historical legacy, and secular framework. Lessons for effective strategies are drawn from international experiences, offering insights into inclusive policies, interfaith dialogue, media regulation, and global cooperation. By scrutinizing historical epochs, contemporary dynamics, economic implications, and international comparisons, this research provides a comprehensive understanding of communal politics in India. The proposed strategies for mitigation underscore the importance of a holistic approach to foster social harmony, inclusivity, and democratic values. Rose Hossain "Dynamics of Communal Politics in 21st Century India: Challenges and Prospects" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64528.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/history/64528/dynamics-of-communal-politics-in-21st-century-india-challenges-and-prospects/rose-hossain
Assess Perspective and Knowledge of Healthcare Providers Towards Elehealth in...ijtsrd
Background and Objective Telehealth has become a well known tool for the delivery of health care in Saudi Arabia, and the perspective and knowledge of healthcare providers are influential in the implementation, adoption and advancement of the method. This systematic review was conducted to examine the current literature base regarding telehealth and the related healthcare professional perspective and knowledge in the Kingdom of Saudi Arabia. Materials and Methods This systematic review was conducted by searching 7 databases including, MEDLINE, CINHAL, Web of Science, Scopus, PubMed, PsycINFO, and ProQuest Central. Studies on healthcare practitioners telehealth knowledge and perspectives published in English in Saudi Arabia from 2000 to 2023 were included. Boland directed this comprehensive review. The researchers examined each connected study using the AXIS tool, which evaluates cross sectional systematic reviews. Narrative synthesis was used to summarise and convey the data. Results Out of 1840 search results, 10 studies were included. Positive outlook and limited knowledge among providers were seen across trials. Healthcare professionals like telehealth for its ability to improve quality, access, and delivery, save time and money, and be successful. Age, gender, occupation, and work experience also affect health workers knowledge. In Saudi Arabia, healthcare professionals face inadequate expert assistance, patient privacy, internet connection concerns, lack of training courses, lack of telehealth understanding, and high costs while performing telemedicine. Conclusions Healthcare practitioners telehealth perceptions and knowledge were examined in this systematic study. Its collection of concerned experts different personal attitudes and expertise would help enhance telehealths implementation in Saudi Arabia, develop its healthcare delivery alternative, and eliminate frequent problems. Badriah Mousa I Mulayhi | Dr. Jomin George | Judy Jenkins "Assess Perspective and Knowledge of Healthcare Providers Towards Elehealth in Saudi Arabia: A Systematic Review" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64535.pdf Paper Url: https://www.ijtsrd.com/medicine/other/64535/assess-perspective-and-knowledge-of-healthcare-providers-towards-elehealth-in-saudi-arabia-a-systematic-review/badriah-mousa-i-mulayhi
The Impact of Digital Media on the Decentralization of Power and the Erosion ...ijtsrd
The impact of digital media on the distribution of power and the weakening of traditional gatekeepers has gained considerable attention in recent years. The adoption of digital technologies and the internet has resulted in declining influence and power for traditional gatekeepers such as publishing houses and news organizations. Simultaneously, digital media has facilitated the emergence of new voices and players in the media industry. Digital medias impact on power decentralization and gatekeeper erosion is visible in several ways. One significant aspect is the democratization of information, which enables anyone with an internet connection to publish and share content globally, leading to citizen journalism and bypassing traditional gatekeepers. Another aspect is the disruption of conventional media industry business models, as traditional organizations struggle to adjust to the decrease in advertising revenue and the rise of digital platforms. Alternative business models, such as subscription models and crowdfunding, have become more prevalent, leading to the emergence of new players. Overall, the impact of digital media on the distribution of power and the weakening of traditional gatekeepers has brought about significant changes in the media landscape and the way information is shared. Further research is required to fully comprehend the implications of these changes and their impact on society. Dr. Kusum Lata "The Impact of Digital Media on the Decentralization of Power and the Erosion of Traditional Gatekeepers" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64544.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/political-science/64544/the-impact-of-digital-media-on-the-decentralization-of-power-and-the-erosion-of-traditional-gatekeepers/dr-kusum-lata
Online Voices, Offline Impact Ambedkars Ideals and Socio Political Inclusion ...ijtsrd
This research investigates the nexus between online discussions on Dr. B.R. Ambedkars ideals and their impact on social inclusion among college students in Gurugram, Haryana. Surveying 240 students from 12 government colleges, findings indicate that 65 actively engage in online discussions, with 80 demonstrating moderate to high awareness of Ambedkars ideals. Statistically significant correlations reveal that higher online engagement correlates with increased awareness p 0.05 and perceived social inclusion. Variations across colleges and a notable effect of college type on perceived social inclusion highlight the influence of contextual factors. Furthermore, the intersectional analysis underscores nuanced differences based on gender, caste, and socio economic status. Dr. Kusum Lata "Online Voices, Offline Impact: Ambedkar's Ideals and Socio-Political Inclusion - A Study of Gurugram District" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64543.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/political-science/64543/online-voices-offline-impact-ambedkars-ideals-and-sociopolitical-inclusion--a-study-of-gurugram-district/dr-kusum-lata
Problems and Challenges of Agro Entreprenurship A Studyijtsrd
Noting calls for contextualizing Agro entrepreneurs problems and challenges of the agro entrepreneurs and for greater attention to the Role of entrepreneurs in agro entrepreneurship research, we conduct a systematic literature review of extent research in agriculture entrepreneurship to overcome the study objectives of complications of agro entrepreneurs through various factors, Development of agriculture products is a key factor for the overall economic growth of agro entrepreneurs Agro Entrepreneurs produces firsthand large scale employment, utilizes the labor and natural resources, This research outlines the problems of Weather and Soil Erosions, Market price fluctuation, stimulates labor cost problems, reduces concentration of Price volatility, Dependency on Intermediaries, induces Limited Bargaining Power, and Storage and Transportation Costs. This paper mainly devoted to highlight Problems and challenges faced for the sustainable of Agro Entrepreneurs in India. Vinay Prasad B "Problems and Challenges of Agro Entreprenurship - A Study" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64540.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/64540/problems-and-challenges-of-agro-entreprenurship--a-study/vinay-prasad-b
Comparative Analysis of Total Corporate Disclosure of Selected IT Companies o...ijtsrd
Disclosure is a process through which a business enterprise communicates with external parties. A corporate disclosure is communication of financial and non financial information of the activities of a business enterprise to the interested entities. Corporate disclosure is done through publishing annual reports. So corporate disclosure through annual reports plays a vital role in the life of all the companies and provides valuable information to investors. The basic objectives of corporate disclosure is to give a true and fair view of companies to the parties related either directly or indirectly like owner, government, creditors, shareholders etc. in the companies act, provisions have been made about mandatory and voluntary disclosure. The IT sector in India is rapidly growing, the trend to invest in the IT sector is rising and employment opportunities in IT sectors are also increasing. Therefore the IT sector is expected to have fair, full and adequate disclosure of all information. Unfair and incomplete disclosure may adversely affect the entire economy. A research study on disclosure practices of IT companies could play an important role in this regard. Hence, the present research study has been done to study and review comparative analysis of total corporate disclosure of selected IT companies of India and to put forward overall findings and suggestions with a view to increase disclosure score of these companies. The researcher hopes that the present research study will be helpful to all selected Companies for improving level of corporate disclosure through annual reports as well as the government, creditors, investors, all business organizations and upcoming researcher for comparative analyses of level of corporate disclosure with special reference to selected IT companies. Dr. Vaibhavi D. Thaker "Comparative Analysis of Total Corporate Disclosure of Selected IT Companies of India" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64539.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/64539/comparative-analysis-of-total-corporate-disclosure-of-selected-it-companies-of-india/dr-vaibhavi-d-thaker
The Impact of Educational Background and Professional Training on Human Right...ijtsrd
This study investigated the impact of educational background and professional training on human rights awareness among secondary school teachers in the Marathwada region of Maharashtra, India. The key findings reveal that higher levels of education, particularly a master’s degree, and fields of study related to education, humanities, or social sciences are associated with greater human rights awareness among teachers. Additionally, both pre service teacher training and in service professional development programs focused on human rights education significantly enhance teacher’s knowledge, skills, and competencies in promoting human rights principles in their classrooms. Baig Ameer Bee Mirza Abdul Aziz | Dr. Syed Azaz Ali Amjad Ali "The Impact of Educational Background and Professional Training on Human Rights Awareness among Secondary School Teachers" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64529.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/education/64529/the-impact-of-educational-background-and-professional-training-on-human-rights-awareness-among-secondary-school-teachers/baig-ameer-bee-mirza-abdul-aziz
A Study on the Effective Teaching Learning Process in English Curriculum at t...ijtsrd
“One Language sets you in a corridor for life. Two languages open every door along the way” Frank Smith English as a foreign language or as a second language has been ruling in India since the period of Lord Macaulay. But the question is how much we teach or learn English properly in our culture. Is there any scope to use English as a language rather than a subject How much we learn or teach English without any interference of mother language specially in the classroom teaching learning scenario in West Bengal By considering all these issues the researcher has attempted in this article to focus on the effective teaching learning process comparing to other traditional strategies in the field of English curriculum at the secondary level to investigate whether they fulfill the present teaching learning requirements or not by examining the validity of the present curriculum of English. The purpose of this study is to focus on the effectiveness of the systematic, scientific, sequential and logical transaction of the course between the teachers and the learners in the perspective of the 5Es programme that is engage, explore, explain, extend and evaluate. Sanchali Mondal | Santinath Sarkar "A Study on the Effective Teaching Learning Process in English Curriculum at the Secondary Level of West Bengal" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd62412.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/education/62412/a-study-on-the-effective-teaching-learning-process-in-english-curriculum-at-the-secondary-level-of-west-bengal/sanchali-mondal
The Role of Mentoring and Its Influence on the Effectiveness of the Teaching ...ijtsrd
This paper reports on a study which was conducted to investigate the role of mentoring and its influence on the effectiveness of the teaching of Physics in secondary schools in the South West Region of Cameroon. The study adopted the convergent parallel mixed methods design, focusing on respondents in secondary schools in the South West Region of Cameroon. Both quantitative and qualitative data were collected, analysed separately, and the results were compared to see if the findings confirm or disconfirm each other. The quantitative analysis found that majority of the respondents 72 of Physics teachers affirmed that they had more experienced colleagues as mentors to help build their confidence, improve their teaching, and help them improve their effectiveness and efficiency in guiding learners’ achievements. Only 28 of the respondents disagreed with these statements. With majority respondents 72 agreeing with the statements, it implies that in most secondary schools, experienced Physics teachers act as mentors to build teachers’ confidence in teaching and improving students’ learning. The interview qualitative data analysis summarized how secondary school Principals use meetings with mentors and mentees to promote mentorship in the school milieu. This has helped strengthen teachers’ classroom practices in secondary schools in the South West Region of Cameroon. With the results confirming each other, the study recommends that mentoring should focus on helping teachers employ social interactions and instructional practices feedback and clarity in teaching that have direct measurable impact on students’ learning achievements. Andrew Ngeim Sumba | Frederick Ebot Ashu | Peter Agborbechem Tambi "The Role of Mentoring and Its Influence on the Effectiveness of the Teaching of Physics in Secondary Schools in the South West Region of Cameroon" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64524.pdf Paper Url: https://www.ijtsrd.com/management/management-development/64524/the-role-of-mentoring-and-its-influence-on-the-effectiveness-of-the-teaching-of-physics-in-secondary-schools-in-the-south-west-region-of-cameroon/andrew-ngeim-sumba
Design Simulation and Hardware Construction of an Arduino Microcontroller Bas...ijtsrd
This study primarily focuses on the design of a high side buck converter using an Arduino microcontroller. The converter is specifically intended for use in DC DC applications, particularly in standalone solar PV systems where the PV output voltage exceeds the load or battery voltage. To evaluate the performance of the converter, simulation experiments are conducted using Proteus Software. These simulations provide insights into the input and output voltages, currents, powers, and efficiency under different state of charge SoC conditions of a 12V,70Ah rechargeable lead acid battery. Additionally, the hardware design of the converter is implemented, and practical data is collected through operation, monitoring, and recording. By comparing the simulation results with the practical results, the efficiency and performance of the designed converter are assessed. The findings indicate that while the buck converter is suitable for practical use in standalone PV systems, its efficiency is compromised due to a lower output current. Chan Myae Aung | Dr. Ei Mon "Design Simulation and Hardware Construction of an Arduino-Microcontroller Based DC-DC High-Side Buck Converter for Standalone PV System" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64518.pdf Paper Url: https://www.ijtsrd.com/engineering/mechanical-engineering/64518/design-simulation-and-hardware-construction-of-an-arduinomicrocontroller-based-dcdc-highside-buck-converter-for-standalone-pv-system/chan-myae-aung
Sustainable Energy by Paul A. Adekunte | Matthew N. O. Sadiku | Janet O. Sadikuijtsrd
Energy becomes sustainable if it meets the needs of the present without compromising the ability of future generations to meet their own needs. Some of the definitions of sustainable energy include the considerations of environmental aspects such as greenhouse gas emissions, social, and economic aspects such as energy poverty. Generally far more sustainable than fossil fuel are renewable energy sources such as wind, hydroelectric power, solar, and geothermal energy sources. Worthy of note is that some renewable energy projects, like the clearing of forests to produce biofuels, can cause severe environmental damage. The sustainability of nuclear power which is a low carbon source is highly debated because of concerns about radioactive waste, nuclear proliferation, and accidents. The switching from coal to natural gas has environmental benefits, including a lower climate impact, but could lead to delay in switching to more sustainable options. “Carbon capture and storage” can be built into power plants to remove the carbon dioxide CO2 emissions, but this technology is expensive and has rarely been implemented. Leading non renewable energy sources around the world is fossil fuels, coal, petroleum, and natural gas. Nuclear energy is usually considered another non renewable energy source, although nuclear energy itself is a renewable energy source, but the material used in nuclear power plants is not. The paper addresses the issue of sustainable energy, its attendant benefits to the future generation, and humanity in general. Paul A. Adekunte | Matthew N. O. Sadiku | Janet O. Sadiku "Sustainable Energy" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64534.pdf Paper Url: https://www.ijtsrd.com/engineering/electrical-engineering/64534/sustainable-energy/paul-a-adekunte
Concepts for Sudan Survey Act Implementations Executive Regulations and Stand...ijtsrd
This paper aims to outline the executive regulations, survey standards, and specifications required for the implementation of the Sudan Survey Act, and for regulating and organizing all surveying work activities in Sudan. The act has been discussed for more than 5 years. The Land Survey Act was initiated by the Sudan Survey Authority and all official legislations were headed by the Sudan Ministry of Justice till it was issued in 2022. The paper presents conceptual guidelines to be used for the Survey Act implementation and to regulate the survey work practice, standardizing the field surveys, processing, quality control, procedures, and the processes related to survey work carried out by the stakeholders and relevant authorities in Sudan. The conceptual guidelines are meant to improve the quality and harmonization of geospatial data and to aid decision making processes as well as geospatial information systems. The established comprehensive executive regulations will govern and regulate the implementation of the Sudan Survey Geomatics Act in all surveying and mapping practices undertaken by the Sudan Survey Authority SSA and state local survey departments for public or private sector organizations. The targeted standards and specifications include the reference frame, projection, coordinate systems, and the guidelines and specifications that must be followed in the field of survey work, processes, and mapping products. In the last few decades, there has been a growing awareness of the importance of geomatics activities and measurements on the Earths surface in space and time, together with observing and mapping the changes. In such cases, data must be captured promptly, standardized, and obtained with more accuracy and specified in much detail. The paper will also highlight the current situation in Sudan, the degree to which survey standards are used, the problems encountered, and the errors that arise from not using the standards and survey specifications. Kamal A. A. Sami "Concepts for Sudan Survey Act Implementations - Executive Regulations and Standards" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63484.pdf Paper Url: https://www.ijtsrd.com/engineering/civil-engineering/63484/concepts-for-sudan-survey-act-implementations--executive-regulations-and-standards/kamal-a-a-sami
Towards the Implementation of the Sudan Interpolated Geoid Model Khartoum Sta...ijtsrd
The discussions between ellipsoid and geoid have invoked many researchers during the recent decades, especially during the GNSS technology era, which had witnessed a great deal of development but still geoid undulation requires more investigations. To figure out a solution for Sudans local geoid, this research has tried to intake the possibility of determining the geoid model by following two approaches, gravimetric and geometrical geoid model determination, by making use of GNSS leveling benchmarks at Khartoum state. The Benchmarks are well distributed in the study area, in which, the horizontal coordinates and the height above the ellipsoid have been observed by GNSS while orthometric heights were carried out using precise leveling. The Global Geopotential Model GGM represented in EGM2008 has been exploited to figure out the geoid undulation at the benchmarks in the study area. This is followed by a fitting process, that has been done to suit the geoid undulation data which has been computed using GNSS leveling data and geoid undulation inspired by the EGM2008. Two geoid surfaces were created after the fitting process to ensure that they are identical and both of them could be counted for getting the same geoid undulation with an acceptable accuracy. In this respect, statistical operation played an important role in ensuring the consistency and integrity of the model by applying cross validation techniques splitting the data into training and testing datasets for building the geoid model and testing its eligibility. The geometrical solution for geoid undulation computation has been utilized by applying straightforward equations that facilitate the calculation of the geoid undulation directly through applying statistical techniques for the GNSS leveling data of the study area to get the common equation parameters values that could be utilized to calculate geoid undulation of any position in the study area within the claimed accuracy. Both systems were checked and proved eligible to be used within the study area with acceptable accuracy which may contribute to solving the geoid undulation problem in the Khartoum area, and be further generalized to determine the geoid model over the entire country, and this could be considered in the future, for regional and continental geoid model. Ahmed M. A. Mohammed. | Kamal A. A. Sami "Towards the Implementation of the Sudan Interpolated Geoid Model (Khartoum State Case Study)" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63483.pdf Paper Url: https://www.ijtsrd.com/engineering/civil-engineering/63483/towards-the-implementation-of-the-sudan-interpolated-geoid-model-khartoum-state-case-study/ahmed-m-a-mohammed
Activating Geospatial Information for Sudans Sustainable Investment Mapijtsrd
Sudan is witnessing an acceleration in the processes of development and transformation in the performance of government institutions to raise the productivity and investment efficiency of the government sector. The development plans and investment opportunities have focused on achieving national goals in various sectors. This paper aims to illuminate the path to the future and provide geospatial data and information to develop the investment climate and environment for all sized businesses, and to bridge the development gap between the Sudan states. The Sudan Survey Authority SSA is the main advisor to the Sudan Government in conducting surveying, mappings, designing, and developing systems related to geospatial data and information. In recent years, SSA made a strategic partnership with the Ministry of Investment to activate Geospatial Information for Sudans Sustainable Investment and in particular, for the preparation and implementation of the Sudan investment map, based on the directives and objectives of the Ministry of Investment MI in Sudan. This paper comes within the framework of activating the efforts of the Ministry of Investment to develop technical investment services by applying techniques adopted by the Ministry and its strategic partners for advancing investment processes in the country. Kamal A. A. Sami "Activating Geospatial Information for Sudan's Sustainable Investment Map" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63482.pdf Paper Url: https://www.ijtsrd.com/engineering/information-technology/63482/activating-geospatial-information-for-sudans-sustainable-investment-map/kamal-a-a-sami
Educational Unity Embracing Diversity for a Stronger Societyijtsrd
In a rapidly changing global landscape, the importance of education as a unifying force cannot be overstated. This paper explores the crucial role of educational unity in fostering a stronger and more inclusive society through the embrace of diversity. By examining the benefits of diverse learning environments, the paper aims to highlight the positive impact on societal strength. The discussion encompasses various dimensions, from curriculum design to classroom dynamics, and emphasizes the need for educational institutions to become catalysts for unity in diversity. It highlights the need for a paradigm shift in educational policies, curricula, and pedagogical approaches to ensure that they are reflective of the diverse fabric of society. This paper also addresses the challenges associated with implementing inclusive educational practices and offers practical strategies for overcoming barriers. It advocates for collaborative efforts between educational institutions, policymakers, and communities to create a supportive ecosystem that promotes diversity and unity. Mr. Amit Adhikari | Madhumita Teli | Gopal Adhikari "Educational Unity: Embracing Diversity for a Stronger Society" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64525.pdf Paper Url: https://www.ijtsrd.com/humanities-and-the-arts/education/64525/educational-unity-embracing-diversity-for-a-stronger-society/mr-amit-adhikari
Integration of Indian Indigenous Knowledge System in Management Prospects and...ijtsrd
The diversity of indigenous knowledge systems in India is vast and can vary significantly between different communities and regions. Preserving and respecting these knowledge systems is crucial for maintaining cultural heritage, promoting sustainable practices, and fostering cross cultural understanding. In this paper, an overview of the prospects and challenges associated with incorporating Indian indigenous knowledge into management is explored. It is found that IIKS helps in management in many areas like sustainable development, tourism, food security, natural resource management, cultural preservation and innovation, etc. However, IIKS integration with management faces some challenges in the form of a lack of documentation, cultural sensitivity, language barriers legal framework, etc. Savita Lathwal "Integration of Indian Indigenous Knowledge System in Management: Prospects and Challenges" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63500.pdf Paper Url: https://www.ijtsrd.com/management/accounting-and-finance/63500/integration-of-indian-indigenous-knowledge-system-in-management-prospects-and-challenges/savita-lathwal
DeepMask Transforming Face Mask Identification for Better Pandemic Control in...ijtsrd
The COVID 19 pandemic has highlighted the crucial need of preventive measures, with widespread use of face masks being a key method for slowing the viruss spread. This research investigates face mask identification using deep learning as a technological solution to be reducing the risk of coronavirus transmission. The proposed method uses state of the art convolutional neural networks CNNs and transfer learning to automatically recognize persons who are not wearing masks in a variety of circumstances. We discuss how this strategy improves public health and safety by providing an efficient manner of enforcing mask wearing standards. The report also discusses the obstacles, ethical concerns, and prospective applications of face mask detection systems in the ongoing fight against the pandemic. Dilip Kumar Sharma | Aaditya Yadav "DeepMask: Transforming Face Mask Identification for Better Pandemic Control in the COVID-19 Era" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd64522.pdf Paper Url: https://www.ijtsrd.com/engineering/electronics-and-communication-engineering/64522/deepmask-transforming-face-mask-identification-for-better-pandemic-control-in-the-covid19-era/dilip-kumar-sharma
Streamlining Data Collection eCRF Design and Machine Learningijtsrd
Efficient and accurate data collection is paramount in clinical trials, and the design of Electronic Case Report Forms eCRFs plays a pivotal role in streamlining this process. This paper explores the integration of machine learning techniques in the design and implementation of eCRFs to enhance data collection efficiency. We delve into the synergies between eCRF design principles and machine learning algorithms, aiming to optimize data quality, reduce errors, and expedite the overall data collection process. The application of machine learning in eCRF design brings forth innovative approaches to data validation, anomaly detection, and real time adaptability. This paper discusses the benefits, challenges, and future prospects of leveraging machine learning in eCRF design for streamlined and advanced data collection in clinical trials. Dhanalakshmi D | Vijaya Lakshmi Kannareddy "Streamlining Data Collection: eCRF Design and Machine Learning" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-1 , February 2024, URL: https://www.ijtsrd.com/papers/ijtsrd63515.pdf Paper Url: https://www.ijtsrd.com/biological-science/biotechnology/63515/streamlining-data-collection-ecrf-design-and-machine-learning/dhanalakshmi-d
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
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Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
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established wells to recover oil and gas (Muspratt,
2019).
Statement of the Problem
The customers’ base of Nigerian oil and gas
companies patronizing their products (motor vehicle
lubricants, gasoline, aviation lubricants, asphalt,
heating oil, liquefied petroleum gas and services) is
smaller than that of multinational companies. With
the partial deregulation of oil and gas final products
and relaxation of oil and gas import restrictions, oil
and gas companies have been challenged with fierce
competition from international brands. This is due to
the low level patronage of domestic products due to
government interference in the importation and
refining of oil and gas products, which has affected
the market share of indigenous oil and gas companies.
The Nigerian government has developed a (petroleum
industry bill) policy to promote competition between
oil and gas companies’ products and foreign
investors’ products. However, the bill has not yet
been signed into law. Increasing competition has
forced management from local oil and gas companies
to devise strategies to expand their operations to
maximize a larger share of the oil and gas industry
market share.
Given the current state of the business environment,
constraints on the strategic directions of investment
activities in the oil and gas companies and, in
particular, the development of investment strategy is
very important in order to achieve high returns on
asset turnover. The current global environment
underscores the need for oil and gas companies to
become more resilient and able to quickly adapt to
changes in domestic and global markets, which will
allow them to achieve higher returns on asset
turnover. One of the key factors in achieving this goal
is to increasing the potential of the oil and gas
industry to attract strategic investment and the
introducing better technologies to increase return on
asset, but some management team of these oil and gas
companies invest in new product lines and
technologies, but the results often do not guarantee
high returns on asset turnover. Management need to
use the right strategy to do their job optimally.
Overall, there have been difficulties translating
growth strategy into tactical and operational level
activities, this have resulted in an ineffectiveness of
strategies that contribute to poor corporate return on
assets.
It is based on the above assertions that the researcher
decided to investigate the impact of growth strategy
on performance of oil and gas companies in Nigeria.
Objectives of the Study
The main objective of this study was to examine the
extent to which growth strategy affect performance of
oil and gas companies in Nigeria. The precise
objectives of the research are;
1. To examine the effect of strategic expansion on
market share of oil and gas companies.
2. To establish the effect of strategic investment on
return on asset of oil and gas companies.
Research Hypotheses
To achieve the above objectives and answers to the
research questions of this study, the following
hypotheses were formulated in the null form to guide
the thought of this research.
1. Ho: There is no significant effect of strategic
expansion on market share of oil and gas
companies.
2. Ho: There is no significant effect of strategic
investment on return on asset of oil and gas
companies.
Review of Related Literature
Conceptual Framework
Strategy is a broad concept and for this reason, it is
often used in variety of ways. Johnson, Scholes and
Whittington (2010) described strategy as a timely
guidance for business environment changes with its
own resources and capacity development to achieve
stakeholder expectations. Executive directors develop
strategies used by management to grow the business
and achieve the intended organizational performance
(Omar, &Kilika, 2018). Kumar (2018) said that
strategic planning is an overwhelming task, but the
best place to start is by explaining what is strategic
planning.
Growth Strategy
Growth strategy looks at ways to generate more
revenues from the sale of goods or services. A growth
strategy involves introducing new products or adding
new features to existing products (Suttle 2018). In
some cases, a company may be forced to change or
upgrade its product line to compete with competitors.
Alternatively, customers can start using the
company's new technology. Marks (2007) argued that
growth is a key goal for emerging companies and
managers are expected to determine the best way to
integrate their core competencies across their
company’s departments to help the company achieve
competitive advantage in a selected area. The growth
strategy is aimed at achieving a larger market share,
even at the expense of short-term earnings. Industry
leaders habitually talk about vertical and horizontal
strategies when referring to growth strategies. The
vertical strategy seeks to grow by adopting different
components of the operating system. For example, an
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oil and gas company that decides to refine some of its
products using a vertical growth strategy. By being
part of the procurement process, the oil and gas
company is better able to control the quality and
supplies requirements. The horizontal growth strategy
refers to a business that expands its access of existing
products or services in new geographic areas or new
target markets. Winston (2016) referred to horizontal
strategy as a situation where one firm acquires similar
firms in order to increase its market share and profits.
Strategic Expansion
Chandler (2013) described strategy as the setting of
long-term goals and the allocation of resources to
enable appropriate actions. Expansion strategies are
the strategies used by an organization to achieve its
long-term growth goals. Business strategy is
primarily concerned with the actions necessary to
create superior customer value in a firm’s target
markets with the ultimate goal of achieving superior
performance (Slater, Antley, Davison, Swapp, Guger,
&Barker, 2006). Westerlund and Leminen (2012)
define company expansion strategy as the means by
which an organization plans to achieve its objective to
increasing in size, volume and turnover.
The terms growth and expansion are used
interchangeably by many scholars to mean same thing
(Kuuluvainen, 2011; Geroski, 2005). Aldrich and
Auster (1979) argued that the size of a firm
determines the level of attractiveness as larger firms
are usually associated with economies of scale and
scope, ease of access to credit financing, brand
visibility and allegiance, essential resources to
promote research and development, valuable patents
right and competences among others. Based on the
understanding that larger organizations have higher
survival rates (Baum, 1996) and a company size that
lead to economies of scale are related (Porter, 2008).
Organizational growth is seen as a important indicator
of firms’ strengths and market potential. Some
authors attribute firm expansion to several challenges
and long-term problems that can reduce an
organization’s ability to generate profits. Expansion
strategies include developing existing operations,
restructuring, strategic alliances, franchising, mergers
and acquisitions. Increased size is associated with
prominence, prestige, and the ability to withstand
environmental shocks.
Strategic Investment
Company executives are deeply concerned with three
major types of policy decisions, namely investment
decisions, financial decisions and dividend decisions.
Among these, the investment decisions are the most
challenging. Strategic investment from a large
industrial player can represent strong support to
startup an organization. The strategic venture team
can access resources in their operational business
units to help build and grow a business as quickly as
possible (Houston, Johnson,& Smith, 2006).
However, due to the strings attached, strategic
investments can create a potential conflict between
the strategic investor, business interests and potential
financial investors. This can make it difficult for a
business to attract other investors, commercialize a
product or negotiate an acquisition with a third party.
Performance
The profitability motive can influence a company's
strategic decision to increase its return through
programmes that will reduce wastage of resources,
recycling and reusing of its scares resources to
achieve economic benefits, which is actually one of
the environmental goals (Maletic, Maletic, Dahlgaard,
Dahlgaard-Park, &Gomiscek, 2015). The
performance and growth will enable the company to
achieve long-term survival to create sustainable job
opportunities. The company must also have to
improve its human capital through retraining,
retention and employee satisfaction. Richard,
Devinney, Yip and Johnson (2009) argued that
organizational performance includes these categories
of performance outcomes which are the financial
performance outcomes such as return on assets,
profit, return on investment; product market
performance such as sales, market share, and the
shareholders return and economic value additions.
Organizational performance has been operationalized
through financial, non-financial indicators and
therefore their data sources have been primary,
secondary or both (Omar and Kilika, 2018).
Market Share
In recent years, a increasing number of business
managers and theorists have recognized that one of
the ways for a company to increase its return is to
increase its market share, and studies seem to have
corroborated this claim. But the researchers of this
study refuse to accept the idea that “more” will
always mean “better.” A large market share can cause
more problems as well as more profit for an
organization; A given project that promises higher
returns than others will inevitably involve a
significant risks. Under this strategy the dominant
organization in the industry have a tendency to use
economies of scale to intimidate smaller firms and
expand.
A company can establish itself as a market leader.
The first way is to expand its total market. Develop
by using strategies that increases the numbers of
consumers using their product or services (Homburg,
Sabine & Harley, 2009). To lead, a company must
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find new uses for existing products or targeting new
markets. In identifying new markets, it may be
necessary to refer consumers to markets where their
product are new.
Return on Assets
Return on Asset (ROA) is a measure of the overall
performance of managers in making a profit on
available assets. Wilkinson (2013) noted that ROA
shows how much a company has earned compared to
its total assets. Hargrave (2019) viewed the ROA as
an indicator of a company's success in managing a
company's wealth (assets), so that by increasing the
ROA ratio it reflects the company's performance in
managing its total assets, so that profits or earnings
can be generated. Total assets turnover is used to
assess both business performance and financial
position (Zhang, 2017). Furthermore, return on assets
and net profit margin are always considered together,
because net profit margin has a direct impact on the
returns (Gibson, 2013). Return on assets is usually
calculated by dividing the net profit by the average
total assets.
Return on Assets (ROA) =
Annual Net Income
Average Total Assets
Researcher’s Conceptual Model
The conceptual framework refers to the researcher’s
pictorial representation of the association between the
various variables. It reveals a sense of direction
between dependent and independent variables, where
the growth strategy variables (strategic expansion and
strategic investment) represents the independent
variables while performance variables (market share
and return on asset) denote the dependent variable.
Strategic expansion and market share arrow represent
link between the two variables in hypothesis one. The
arrow between strategic investment and return on
asset variables shows the direction of hypothesis two.
Independent Variable Dependent Variable
Growth Strategy Performance
H1
H2
Source: Researcher’s Conceptual Model
Theoretical Framework
Survival Based Theory
Survival-based theory introduced in the field of economics was developed by Herbert Spencer, suggesting that
organizations need to continually adapt to their competitive environment in order to survive (Abdullah, 2010).
Researchers such as Schumpeter (1934), Alchian (1950), Harrod (1939) and Marshall (1949) were the first to
incorporate the concept of evolution and natural selection into economic thinking. To survive, organizations
must be able to adapt to changes. This can only be achieved through strategies that focus on efficiency that will
enable swiftly response to changes in the competitive environment (Khairuddin, 2005). It is therefore not
surprising to find the most common application of the survival base theory mindset found in management
decision, which is used primarily to analyze how companies thrive in their industries, and to explain changes in
growth strategy. The theory is also applicable to companies that seek to turn around period of inefficiency or
poor performance (Abdullah, 2010). Such companies’ may face numbers challenges that can result from
financial difficulties, production line that fail or that loseses its important employees. Transforming such
companies may involve retrenchment, strategic investment, strategic expansion, the sale of underperforming
assets and the re-engineering of products. This will help to strengthen their position. It will also be important for
an organization operating efficiency and adapt better to the business environment. This is hoped to increase
organizational profits and reach their ultimate goal of survival.
Strategic
Expansion
Market Shares
Strategic
Investment
Return on Asset
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Empirical Review
Abolarinwa, Asogwa, Ezenwakwelu, Court, Adedoyin and Eriksson (2020) examined the mediating role of
global economic crises (GECs) impact of growth strategies on the performance of Nigerian manufacturing firms.
The study used secondary data of 2000 to 2017. An expost facto research design was used to analysis of 120
companies listed on the Nigerian Stock Exchange. The regression analysis shows that there is positive and
statistically effected of internal growth strategies on return on assets and return on equity (coefficient = 9.474
and 6.277; P < 0.01). However, the researchers found that external growth strategies were negatively and
significantly affect the return on assets (coefficient = −6.005; p-value<0.01) while the effect is positively
significant on market share. It found that GECs together with external growth strategies yield a positive and
significant effect on return on assets, while their mediation with internal growth strategies had a negative and
significant effect on return on assets and return on equity.
Luvusi and Muthoni (2019) investigated the influence of market penetration strategy on the performance of
Telkom Kenya Limited in Nairobi City County. The study adopted a descriptive research design.Primary data
was collected using questionnaires comprising of both structured and unstructured questions. Quantitative data
were analyzed using descriptive statistics. Inferential statistics were analyzed using correlation analysis and
multiple regression analysis. The result shows that market penetration strategy had a significant influence on the
performance of Telkom Kenya Limited. The study concluded that Telkom Kenya takes advantage of low prices
to increase product demand and increase market share through market penetration strategy.
Onyeaghala and Odiba (2018) examined whether a generic business strategy can serve as a driver for the
organizational competitiveness and market share. The survey research design was employed. Questionnaire was
used for data collection. Cost leadership, product differentiation and focus strategy were the measurement
indicators. Hypotheses were tested using Pearson Moment Correlation techniques. Cost leadership and
organizational competition were found to be positive related with organizational competitiveness and market
share (0.718), the study found that product differentiation and organizational competitiveness and market share
had a higher correlation relationship (0.922), and the researcher found that the relationship between focus
strategy and organizational competitiveness and market share at 0.807 probability value.
Mehmood, Hunjra and Chani (2019) examined the impact of corporate diversification and financial structure on
the financial performance of companies. The data was collected from 520 manufacturing companies from
Pakistan, India, Sri Lanka, and Bangladesh. A 14 years Panel data from 2004–2017 were used to analyze the
results. The study used a two-step dynamic panel approach to analyze the hypotheses. The finding was that
product diversification investment and geographic diversification investment significantly affected the firms’
return on asset. The study further found that dividend policy and capital structure had a significant impact on the
firm’s financial performance.
Mweresa and Muturi (2018) studied the effects of investment decisions on the performance of public sugar firms
in western Kenya. The precise objectives were: to establish the effect of production investment decision,
investment in financial assets and investment in the distribution chain decision on the financial performance of
public Sugar companies in western Kenya. The study adopted a survey design. The studyused both primary and
secondary data. Data was analyzed using descriptive and inferential statistics. The study found that investment in
production has a profound effect on the financial performance of sugar companies. Investment in distribution
chain decision has a moderate effect on the financial performance of sugar companies while the investment also
has a positive effect on return of asset in sugar companies.
Osoro,Nyang’au and Nyarige (2017) studied the impact of investment decisions techniques on financial
performance of selected SMEs inKisii, Kenya. The study used the following specific objectives; to ascertain the
effects of the application of internal rate of return, profitability index and investment on financial performance.
The study used descriptive research design.Questionnaireswere used for data collection. Descriptive statistics
was used to test.The multi regression model was used to show the relationship between the variables. The
finding shows that there were significant correlations between strategic investment and return of asset.
Research Methodology
The purpose of this paperis to state the level of impactgrowth strategy has onperformance,evidence from listed
oil and gas companies in Nigeria stock exchange. Growth Strategy (independent variable): Growth strategy of
the oil and gas companies (Total Nigeria Plc, 11 Oil Nigeria Plc and Conoil Nigeria Plc) is measured in the table
below;
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Table 1: Variables Measurement and Definitions source
Variable Proxies Variables measurement and source
Strategic
Alternatives
Independent
Variable
Strategic
Expansion (SE)
Total Sales Turnover – Luvusi and Muthoni (2019), Onyeaghala and
Odiba (2018), Adio, Bananda and Eluva (2018), and Basuony, Elseidi
and Mohammed (2014)
Strategic
investment (SI)
Total investment – Mehmood, Hunjra and Chani (2019), Mweresa and
Muturi (2018), Osoro, Nyangau and Nyarige (2017), Kipkorir,
Namiinda and Njeje (2016), and Rop, Yusufkibet and Bokongo (2016)
Performance
Dependent
Variables
Market share
(MS)
company's sales over the period divided the total sales of the industry
over the same period multiple 100
Return on Asset
(ROA)
Net income divided by total asset over the same period
Sources: Researcher 2021
Data collection
Data for this study was collected from annual financial statements of the three listed oil and gas companies that
are into downstream, upstream and midstream in the Nigerian capital market. Ratios of firms are calculated
manually by the author for the period of 2006-2020 for the sample companies
Results and Discussions
Table 3: Descriptive Statistics table for the oil and gas companies in Nigeria(2006– 2020)
Date:08/28/21 Time: 05:34
Sample:20062020
SE SI MS ROA
Mean 6.666667 6.666667 6.666667 6.666000
Median 7.020000 6.200000 7.200000 6.490000
Maximum 9.750000 10.33000 7.360000 9.930000
Minimum 4.190000 2.970000 4.040000 3.190000
Std. Dev. 1.673003 1.601672 1.069697 1.959405
Skewness 0.264368 0.162734 0.576137 0.147653
Kurtosis 3.094940 2.998939 3.031723 2.967586
Jarque-Bera 0.579802 1.474447 6.642872 0.487574
Probability 0.748338 0.478441 0.036101 0.783654
Sum 100.0000 100.0000 100.0000 99.99000
Sum Sq. Dev. 39.18513 94.76173 16.01953 53.74976
Observations 15 15 15 15
Source: E views 12 output of the study
Table 3: presents the descriptive statistics of all the oil and gas companies for the dependent and explanatory
variables. The mean value for SE (6.6667), SI (6.6667), MS (6.6667) and ROA (6.6660) which indicates the
average values of all the data. The median values of SE (7.02), SI (6.20), MS (7.20) and ROA (6.49) represent
the middle values of the different variables. The maximum and minimum values of SE (9.75 & 4.19), SI (10.33
& 2.97), MS (7.36 & 4.04) and ROA (9.93 & 3.19) show the level of spread between the highest and lowest
data. The spread between the maximum and minimum values are suitable for the descriptive statistics.
The standard deviation values of SE (1.6730), SI (1.6017), MS (1.0697) and ROA (1.9594) reveals that they all
have low level of variation from the various mean values. The skewness values of SE (0.2644), SI (0.1627), MS
(0.5761) and ROA (0.1476) have a normal distribution with positive skewness tail values towards the right tail.
The kurtosis values of SE (3.0950), SI (2.9990), MS (3.0317) and ROA (2.9675) of the variables approximately
tend towards 3, which means that the variables are normally distributed at 3.The Jarque-Bera values were all
positive, while the values of the probability were below the significant value level of 0.05 percent. The alternate
hypotheses were accepted.
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Hypotheses Testing
Hypothesis one
Table 4: Ordinary least squares result of strategic expansion (SE) onmarket share (MS) of oil and gas
companies in Nigeria
Dependent Variable: MS
Method: Least Squares
Date: 08/26/21 Time: 09:11
Sample: 2006 2020
Included observations: 15
Variable Coefficient Std. Error t-Statistic Prob.
C 6.500884 1.215556 5.348074 0.0001
SE 0.724867 0.177200 22.140335 0.0089
R-squared 0.391513 Mean dependent var 6.666667
Adjusted R-squared 0.375294 S.D. dependent var 1.069697
S.E. of regression 1.109237 Akaike info criterion 3.168789
Sum squared resid 15.99530 Schwarz criterion 3.263195
Log likelihood -21.76591 Hannan-Quinn criter. 3.167783
F-statistic 0.019694 Durbin-Watson stat 0.879458
Prob(F-statistic) 0.008905
Source: E views 12 output of the study
Table 4 above, indicates that the R-squared of 0.3915 suggests there is a weak positive relationship of strategic
expansion on market share of oil and gas companies in Nigeria, the adjusted R-squared of 0.3753indicates that
37.53 percent of market share was explained by strategic expansion, while 62.47 percent can be explained by
other variables not captured in this research. The Durbin-Watson statistics (0.8794) shows that there is a positive
auto serial correlation between the variables. The P value = 0.0089 ˂ (0.05) indicates that strategic expansion has
a positive effect on market share of oil and gas companies in Nigeria. Therefore, the null hypothesis of no
significant effect of strategic stability on market share of oil and gas companies in Nigeria was rejected, while
the alternate hypothesis of there is a significant effect of strategic stability on market share of oil and gas
companies Nigeria was accepted. The finding is in line with Adio, Bananda and Eluka (2018) and Onyeaghala
and Odiba (2018) who all concluded that strategic expansion have a positive effect on market share of
companies.
Hypothesis two
Table 5: Ordinary least squares result of strategic investment (SI) on return on asset (ROA) of oil and
gas companies in Nigeria
Dependent Variable: ROA
Method: Least Squares
Date: 08/26/21 Time: 09:13
Sample: 2006 2020
Included observations: 15
Variable Coefficient Std. Error t-Statistic Prob.
C 8.285325 1.408701 5.881536 0.0001
SI 0.542899 0.197720 21.228500 0.0024
R-squared 0.564018 Mean dependent var 6.666000
Adjusted R-squared 0.535096 S.D. dependent var 1.959405
S.E. of regression 1.924715 Akaike info criterion 4.270998
Sum squared resid 48.15884 Schwarz criterion 4.365405
Log likelihood -30.03249 Hannan-Quinn criter. 4.269993
F-statistic 1.509213 Durbin-Watson stat 1.006611
Prob(F-statistic) 0.002410
Table 5 above, showed that P (0.0024) ˂ 0.05, which predict who well the model significantly explain the
variation in the dependent variable (return on asset). The R2
of 0.5640 produced depicting a significant linear
dependence of return on asset on strategic investment. The adjusted R-squared of 0.5351 further revealed that
strategic investment moderately explain 53.51 percent of the variations in return on asset while 46.49 percent is
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explained by other factors not included in this research model. The Durbin-Watson stat of 1.0066 indicates a
positive auto correlation, as it is approximately 1. Therefore, the researcher rejected the null hypothesis of no
significant effect of strategic investment on return on asset of oil and gas companies in Nigeria, while the
alternate hypothesis which states that there is a significant effect of strategic investment on return on asset of oil
and gas companies in Nigeria was accepted. The study result are consistent with the finding of Mehmood,
Hunjra and Chani(2019), Kipkorir, Namiinda and Njeje (2016), and Rop, Yusufkibet and Bokongo (2016) which
states that strategic investment has a positive impact of return on asset.
Conclusion
The study evaluated the growth strategy and
performance of oil and gas companies in Nigeria. The
study showed that oil and gas companies operate in a
turbulent and highly competitive environment, and it
is their desire to operate successfully by creating and
delivering superior value to their customers while
also learning how to adapt to a continuous and
dynamic business environment with the aid of growth
strategy. Growth strategy is therefore said to be a sine
qua non to performance of oil and gas companies in
Nigeria, since it involves developing and formulating
strategies to meet competition and ensure long term
survival and superior performance. Holistically, the
broad and specific objective reveals that there were
positive association between strategic alternatives and
performance oil and gas companies listed on the
Nigerian Stock Exchange.
Recommendation
1. There is need for management of these oil and gas
companies to strategically enhance their market
share through expansion of their company’s
products to new territories and markets to gain
larger market.
2. Management should prioritize strategic
investment in human capital, asset acquisition and
technology to improve the return on asset.
Contribution to Knowledge
1. This research study has contributed to the bodyof
knowledge by solving the problem of growth
strategy and performance of oil and gas
companies in Nigeria.
2. The researcher developed a conceptual model that
demonstrates the relationship between growth
strategy and the performance of oil and gas
companies for easy understanding.
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