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Household Unit Factors and Efficient Electricity Use: A Review of Households in Nakuru Town Housing Estates
Maina Kairu,
Oyugi Tobias,
John Mironga
Issue:
Volume 3, Issue 2, April 2015
Pages:
68-77
Received:
29 January 2015
Accepted:
8 February 2015
Published:
13 February 2015
Abstract: The purpose of the study was to relate household unit factors and efficient electricity energy use within the Nakuru town residential houses. The study adopted a correlational research design and conducted a correlational analysis to understand the influence of household unit structure on efficient electricity use. Primary data was collected on household unit structure and efficient electricity use through structured questionnaires and interviews. Descriptive statistic was employed in describing the individual variables in this study. This study revealed that household factors influence efficient use of electricity. However, this influence is not statistically significant. The study recommends that household structural factors should be considered in decisions related to use of energy. The findings are expected to be beneficial to the housing sector stakeholders, KPLC and the Government since the recommendations proposes appropriate measures that would increase efficiency and conservation in the usage of electric energy. The County Government of Nakuru as well as other counties may adopt these recommendations in their strategies and policies that relate to sustainable electric energy use. The study recommends further study on complementary energy sources to electricity and how use of such sources of energy can improve livelihood of households, productivity and sustainability among organizations.
Abstract: The purpose of the study was to relate household unit factors and efficient electricity energy use within the Nakuru town residential houses. The study adopted a correlational research design and conducted a correlational analysis to understand the influence of household unit structure on efficient electricity use. Primary data was collected on hou...
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Credit Risk Management (CRM) Practices in Commercial Banks of Bangladesh: “A Study on Basic Bank Ltd.”
Issue:
Volume 3, Issue 2, April 2015
Pages:
78-90
Received:
8 January 2015
Accepted:
6 February 2015
Published:
15 February 2015
Abstract: This Paper is not only a way for getting acknowledged about the efficiency in managing credit risk of Bangladeshi Banks, but also a conclusive reference for studying how CRM practices helps to increase profitability and long term sustainability of commercial banks. Credit risk management encompasses identification, measurement, matching mitigations, monitoring and control of the credit risk exposures. For conducting this research, I have to collect secondary data relating to the financial status of Basic Bank Ltd.In my analysis I have divulged a comprehensive overview about CRM in different phase of my report. First, I have described about the CRM practice and performance of BBL. Then, I analyze the impact of CRM on financial performance of bank. I have used Ms Excel as well as SPSS software to compare relationship between CRM and banks profitability. After analysis and discussion I have identified some conclusive findings of my research paper.
Abstract: This Paper is not only a way for getting acknowledged about the efficiency in managing credit risk of Bangladeshi Banks, but also a conclusive reference for studying how CRM practices helps to increase profitability and long term sustainability of commercial banks. Credit risk management encompasses identification, measurement, matching mitigations...
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Farmer’s Profitability of Tobacco Cultivation at Rangpur District in the Socio-Economic Context of Bangladesh: An Empirical Analysis
Mohammad Masudul Hassan,
Mosammod Mahamuda Parvin,
Samira Islam Resmi
Issue:
Volume 3, Issue 2, April 2015
Pages:
91-98
Received:
25 January 2015
Accepted:
8 February 2015
Published:
15 February 2015
Abstract: Bangladesh is mainly an agricultural country. Agriculture is the major stay of the economy of Bangladesh. Agriculture is the crucial way of life of Bangladesh. Agriculture bears an anticipative contribution to the Gross Domestic Product (GDP) of the country prior to a greater extent than 50% of GDP. At present greater portion of Bangladesh’s GDP comes from the service sector. Notwithstanding this, two-thirds of the country’s population is engrossed in agricultural practices. A variety of crops are cultivated in this country which categorized into two-food crops and cash crops. Tobacco is being dealt as leading cash crop in the world in addition to Bangladesh. This study was carried on to bringing close together the cost of production and profitability of Tobacco producers at Rangpur district. Data was gathered from 65 farmers using simple random sampling method. The Tobacco farmers demonstrated individual differences of opinion in their socio-economic characteristics and unconditional majority of them belonged to young age category (20-35 years)having medium family size, illiterate, medium farm size ( 0.34- 1.0 acre) , ( 1- 10 years) farming experience. The largest part of the Farmers used Virginia variety of Tobacco and sells their amount produced at home. Farmers who put up for sale Tobacco in the market were further profitable than others. The study further more denominates that the large farmers were almost profitable likened to others. Main difficulty confronted by the Tobacco farmers were lower price of Tobacco during harvesting period, price fluctuation , shortage of capital, lack of good quality seed, poor storage facility, higher price of inputs and lack of marketing facility etc. Appropriate measures should be necessitated by Government to figure out this problem. The findings of the study will add fundamental economic data on the production practices of Tobacco. Ultimately it will be supportive to the planners and policy makers in formulating micro or macro level policy for the improvement of Tobacco production in the country.
Abstract: Bangladesh is mainly an agricultural country. Agriculture is the major stay of the economy of Bangladesh. Agriculture is the crucial way of life of Bangladesh. Agriculture bears an anticipative contribution to the Gross Domestic Product (GDP) of the country prior to a greater extent than 50% of GDP. At present greater portion of Bangladesh’s GDP co...
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Financial Performance Analysis of Islamic Banks in Bangladesh: A Case Study on Islami Bank Bangladesh Limited (IBBL)
Jaba Chakraborty,
Farjana Salam,
Md. Ghulam Rabbany
Issue:
Volume 3, Issue 2, April 2015
Pages:
99-106
Received:
28 January 2015
Accepted:
9 February 2015
Published:
16 February 2015
Abstract: Banking means deposit mobilization and deployment of those deposits into advances or investments in different sectors. The element of interest has been for long used as main instruments for deposit mobilization and the deployment of funds therefore.In the Muslim world, it remains a deep cry in peoples` hearts to fashion and design their economic lives in accordance with the percepts of Islam. It is committed to conduct all banking and investment activities on the basis of interest-free unveiled a new horizon and ushered in a new silver lining of hope towards materializing a long cherished dream of the people of Bangladesh for doing their Banking transitions in line with what is prescribed by Islam. That is why, considering the performance of IBBL, on attempt has been made in this paper to study the financial analysis procedure of IBBL.We have rendered our knowledge to present this study on all Performance of Islami Bank Bangladesh Limited. In this study, it is shown that various operational activities can be used in the evaluation of operation of this Bank. Considering the productivity ratio, current ratio quick ratio, profitability ratio,solvency ratio we can find that this bank is increasing its performance efficiency.
Abstract: Banking means deposit mobilization and deployment of those deposits into advances or investments in different sectors. The element of interest has been for long used as main instruments for deposit mobilization and the deployment of funds therefore.In the Muslim world, it remains a deep cry in peoples` hearts to fashion and design their economic li...
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Diversification of the Nigerian Economy towards a Sustainable Growth and Economic Development
Suberu O. J.,
Ajala O. A.,
Akande M. O.,
Olure-Bank Adeyinka
Issue:
Volume 3, Issue 2, April 2015
Pages:
107-114
Received:
22 January 2015
Accepted:
8 February 2015
Published:
3 March 2015
Abstract: As a matter of priority, Nigeria government must encourage the diversification of Nigeria’s economy. It is the only viable way to survive the current environment of global economic uncertainty with the volatility of oil price. It is crucial that government do not believe that oil provides an endless source of revenue. Nigerian economy is mono-economy, depending on oil. Good percentage of Nigerians live in abject poverty, unemployment is on the high and productivity is at its lowest level. Given this, the study seeks possible ways of diversifying the productive base of the Nigerian economy. Using descriptive method of analysis, it is revealed that considering Nigeria’s peculiar circumstances and the successes recorded before the advent of oil, for Nigeria to break loose from the problems inherent in a mono-economy, especially one largely dominated by oil, which is subject to depletion, international price shocks and unfavorable quota arrangement, there is need for diversification. Agricultural sector is suggested as possible options for diversifying the Nigerian economy. Drawing from the implications of the study, certain recommendations, which include among others, that the one sector must not be sustained by foreign innovation and technology. The only sensible and durable way to sustain the economy is Nigerian innovation. The first section examines a general background of study and set out the significance objectives of the study. It also highlights the methodology to be employed to address the key issues. The second section, gives the outlook of the Nigerian economy with a view to examining the need for diversification of the economy towards agriculture and solid mineral development. Section three will be a brief review of the Nigerian agriculture development policies. Section four examines the impact of the contribution of the agriculture sector to the economic development of the Nigeria. Section five will focus on the opportunities and potentials for agriculture development in Nigeria as well as the value addition chain.
Abstract: As a matter of priority, Nigeria government must encourage the diversification of Nigeria’s economy. It is the only viable way to survive the current environment of global economic uncertainty with the volatility of oil price. It is crucial that government do not believe that oil provides an endless source of revenue. Nigerian economy is mono-econo...
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Effect of Strategic Supplier Relationship Management on Internal Operational Performance of Manufacturing Firms: A Case of East African Breweries Limited, Kenya
Owuor Joel Onyango,
Muma Benard Onyango,
Sophia Nduta Kiruri,
Susan Njeri Karanja
Issue:
Volume 3, Issue 2, April 2015
Pages:
115-124
Received:
23 February 2015
Accepted:
10 March 2015
Published:
15 March 2015
Abstract: It is the aim of every organization to achieve sustainability and operational excellence. For these reasons, organizations adopt various strategies. To achieve operational excellence, every functional area of the organization must be have roles to play. Supply chain operations are in particular key in enhancing operational performance. The aim of this study was to determine the effect Strategic Supplier Relationship Management on Internal Operational Performance of Manufacturing Firms. The study focused on business-supplier communication and business-supplier joint decision making. The study was grounded on three objectives; to establish the effect of buyer supplier communication on operational performance of manufacturing firms, to evaluate the influence of buyer supplier joint decisions on operational performance of manufacturing firms and to investigate the overall effect of strategic supplier relationship management on internal operational performance of manufacturing firms. This was a correlational study and both descriptive and inferential analyses were conducted. The individual parameters were analyzed using descriptive statistics (frequencies, mean, standard deviation and variance) while regression analyses was conducted to test the effect of strategic supplier relationship management on internal operational performance. The study revealed that business-supplier communication and business-supplier joint decision making both individually and jointly have positive effect on internal operational performance. This study therefore recommends that management of manufacturing firms and other organizations adopt and implement strategic supplier relationship management as one of the management strategies. In addition, the study suggests that further studies are conducted to relate other aspects of strategic supplier relationship and organizational performance such as financial, environmental and social performance.
Abstract: It is the aim of every organization to achieve sustainability and operational excellence. For these reasons, organizations adopt various strategies. To achieve operational excellence, every functional area of the organization must be have roles to play. Supply chain operations are in particular key in enhancing operational performance. The aim of t...
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The Efficiency of Exchange Rate Market: A Case Study on Pakistan
Issue:
Volume 3, Issue 2, April 2015
Pages:
125-137
Received:
20 February 2015
Accepted:
13 March 2015
Published:
18 March 2015
Abstract: This study investigates the efficiency of foreign exchange market in Pakistan. Based on monthly data during the period of July 2000 to October 2012 for 13 currencies against the Pak Rupee, three techniques of regression analysis are applied. The result of regression on trended data portrayed that unbiased hypothesis does not hold in the exchange rate market owing to serial correlation and non-stationary time-series data. The regression analysis with de-trended data remarked exchange rate market of Pakistan is neither efficient nor speculative. The findings of regression analysis with orthogonality experiment explored incidence of bandwagon behavior in selected currencies. The results of this study suggested that concerned authorities should reinforce information dissemination procedure and regulate unofficial currency markets activities for maintaining the efficiency of foreign exchange market in Pakistan.
Abstract: This study investigates the efficiency of foreign exchange market in Pakistan. Based on monthly data during the period of July 2000 to October 2012 for 13 currencies against the Pak Rupee, three techniques of regression analysis are applied. The result of regression on trended data portrayed that unbiased hypothesis does not hold in the exchange ra...
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Iraq's Economic Development Strategies: The Challenges and Requirements
Husam Yaseen Mohsin,
Kezhong Zhang
Issue:
Volume 3, Issue 2, April 2015
Pages:
138-147
Received:
31 January 2015
Accepted:
10 March 2015
Published:
19 March 2015
Abstract: Sustainable development, with its economic, social, environmental aspects, is required for the advancement of human life in developing countries. This can be achieved after examining the challenges (economic and non-economic and internal and external) and the requirements for development, while acknowledging that the process of identifying the philosophy of the economic system and orientations and defining the role of the state in economic management and policies is extremely important and necessary in Iraq. The research found that the policy of economic reform implemented by the Iraqi government could not achieve high economic growth rates and stable guarantees for development but created economic improvement in some economic indicators in limited periods. The existence of a pre-2003 economic philosophy a clear guarantee of the achievement of economic development after 2003 resulted in policies and programmes of economic reform being instituted. These achieved some positive results by reducing inflation and stabilising the exchange rate of the Iraqi dinar and the high value and high volume of foreign exchange reserves, amounting to a 60 billion dollar reduction (80%) and scheduling of external debt. The country’s GDP has witnessed improvements by increasing oil exports. However, the contribution of other economic sectors except oil continued to contribute to the formation of low-GDP ratios. This paper attempts to characterise the economic reforms which have been adopted by the Iraqi governments in recent years and to explain the strategy of the economic reform programmes for achieving economic development in Iraqi economic sectors. These suffer from underdevelopment and not keeping pace economically with the countries of the advanced capitalist world.
Abstract: Sustainable development, with its economic, social, environmental aspects, is required for the advancement of human life in developing countries. This can be achieved after examining the challenges (economic and non-economic and internal and external) and the requirements for development, while acknowledging that the process of identifying the phil...
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