Pub Date : 2023-05-04DOI: 10.37899/journallabisecoman.v3i4.790
Yousif Hameed Nayyef
The main purpose of this article is to find out the relationship between working capital management and leverage of selected petroleum companies in India. The management of working capital and leverage in the business organization has been considered as very crucial part in financial management. Working capital considered as surplus of current assets over current liabilities and leverage considered as firm’s ability of employing long term fund having a fixed cost for the purpose of increasing the return of the real owner of the organization. The evaluation of relationship between the two variables and it is identified with the help of parametric test like correlation analysis and one-way ANOVA. The major findings of the study indicated that there is mixed relationship between working capital and leverage position because with the help of correlation analysis Reliance Petroleum, ONGC (Oil and Nature Gas Corporation Limited), IOCL (Indian Oil Corporation Limited), BPCL (Bharat Petroleum Corporation Limited) indicated positive relationship between two variables. GAIL (Gas Authority of India Limited) indicated negative relationship between working capital and leverage during the study period.
本文的主要目的是找出在印度选定的石油公司营运资金管理和杠杆之间的关系。企业组织的营运资金和杠杆管理一直被认为是财务管理中非常重要的一部分。营运资金被认为是流动资产超过流动负债的盈余,而杠杆被认为是企业利用具有固定成本的长期资金以增加组织真正所有者回报的能力。通过相关分析和单因素方差分析等参数检验来评价两个变量之间的关系。研究的主要发现表明营运资金与杠杆头寸之间存在混合关系,因为通过相关分析Reliance Petroleum, ONGC(石油和天然气公司有限公司),IOCL(印度石油公司有限公司),BPCL(巴拉特石油公司有限公司)表明两个变量之间存在正相关关系。GAIL (Gas Authority of India Limited)在研究期间指出营运资金与杠杆率呈负相关关系。
{"title":"An Empirical Study of Relationship between Working Capital Management and Leverage in Selected Petroleum Companies in India","authors":"Yousif Hameed Nayyef","doi":"10.37899/journallabisecoman.v3i4.790","DOIUrl":"https://doi.org/10.37899/journallabisecoman.v3i4.790","url":null,"abstract":"The main purpose of this article is to find out the relationship between working capital management and leverage of selected petroleum companies in India. The management of working capital and leverage in the business organization has been considered as very crucial part in financial management. Working capital considered as surplus of current assets over current liabilities and leverage considered as firm’s ability of employing long term fund having a fixed cost for the purpose of increasing the return of the real owner of the organization. The evaluation of relationship between the two variables and it is identified with the help of parametric test like correlation analysis and one-way ANOVA. The major findings of the study indicated that there is mixed relationship between working capital and leverage position because with the help of correlation analysis Reliance Petroleum, ONGC (Oil and Nature Gas Corporation Limited), IOCL (Indian Oil Corporation Limited), BPCL (Bharat Petroleum Corporation Limited) indicated positive relationship between two variables. GAIL (Gas Authority of India Limited) indicated negative relationship between working capital and leverage during the study period.","PeriodicalId":116609,"journal":{"name":"Journal La Bisecoman","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132004249","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-14DOI: 10.37899/journallabisecoman.v3i4.777
P. Meghanathi, A. Chakrawal
Oil and gas sector is among the eight core industries in India and plays a key role in influencing decision making for all the other important sectors of the economy. The main objective of the study is to examine and evaluate the impact of leverage on profitability with reference to oil and gas companies in India. For that researcher has been selected top five companies like Reliance Industries Ltd (RIL), Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL), and Gas Authority of India Ltd (GAIL) based on market capitalisation. Secondary data have been used during the study period 2016-17 to 2020-21. For analyzing the leverage and profitability position the researcher have been taken financial leverage as independent variable and earning per share as dependent variable. For testing hypothesis some statistical tools and techniques like one way ANOVA, correlation and regression have been used by researcher. The major findings of ANOVA indicated that there in significant difference in financial leverage and earning per share of selected oil and gas companies during the study period. Correlation results showed that there is positive correlation between financial leverage with eps in reliance but in all other company’s financial leverage is negatively related with eps. Regression analysis found that there is no significant impact of financial leverage on eps in RIL, ONGC and IOCL but in BPCL and GAIL financial leverage has significant impact on EPS.
{"title":"Leverage’–An Analysis and its Impact on Profitability with Reference to Selected Oil and Gas Companies in India","authors":"P. Meghanathi, A. Chakrawal","doi":"10.37899/journallabisecoman.v3i4.777","DOIUrl":"https://doi.org/10.37899/journallabisecoman.v3i4.777","url":null,"abstract":"Oil and gas sector is among the eight core industries in India and plays a key role in influencing decision making for all the other important sectors of the economy. The main objective of the study is to examine and evaluate the impact of leverage on profitability with reference to oil and gas companies in India. For that researcher has been selected top five companies like Reliance Industries Ltd (RIL), Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL), and Gas Authority of India Ltd (GAIL) based on market capitalisation. Secondary data have been used during the study period 2016-17 to 2020-21. For analyzing the leverage and profitability position the researcher have been taken financial leverage as independent variable and earning per share as dependent variable. For testing hypothesis some statistical tools and techniques like one way ANOVA, correlation and regression have been used by researcher. The major findings of ANOVA indicated that there in significant difference in financial leverage and earning per share of selected oil and gas companies during the study period. Correlation results showed that there is positive correlation between financial leverage with eps in reliance but in all other company’s financial leverage is negatively related with eps. Regression analysis found that there is no significant impact of financial leverage on eps in RIL, ONGC and IOCL but in BPCL and GAIL financial leverage has significant impact on EPS.","PeriodicalId":116609,"journal":{"name":"Journal La Bisecoman","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128781358","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-14DOI: 10.37899/journallabisecoman.v3i4.778
Ajmera Tushar Rameshbhai
The main purpose of any business organisation is profit maximisation and meets current liabilities within a year. Profit is a soul of any business organization and liquidity effectively helps to generate profit for the business. Profitability and liquidity are most important aspect for the organisation to fulfil their desired goal. In this empirical study attempt is made for identification of profitability and liquidity in auto two and three wheelers companies, which are listed on stock exchange. The time span of 2011-12 to 2018-19 should be considered for the study and randomly three companies are selected for analysis and findings purposes. The major finding of the study Baja auto indicated comparative good profitability but hero motorcorps reveals comparative higher ratio out of selected companies. Hero Motorcorps and Bajaj auto have good comparative liquidity position then TVS Motors. In concern with statistical test Anova except Debtors turnover ratio all selected ratio are rejected mean selected companies have no significant difference in debtors turnover ratio during study period.
{"title":"An Empirical Study of Profitability And Liquidity in Selected Auto Two and Three Wheelers Companies in India","authors":"Ajmera Tushar Rameshbhai","doi":"10.37899/journallabisecoman.v3i4.778","DOIUrl":"https://doi.org/10.37899/journallabisecoman.v3i4.778","url":null,"abstract":"The main purpose of any business organisation is profit maximisation and meets current liabilities within a year. Profit is a soul of any business organization and liquidity effectively helps to generate profit for the business. Profitability and liquidity are most important aspect for the organisation to fulfil their desired goal. In this empirical study attempt is made for identification of profitability and liquidity in auto two and three wheelers companies, which are listed on stock exchange. The time span of 2011-12 to 2018-19 should be considered for the study and randomly three companies are selected for analysis and findings purposes. The major finding of the study Baja auto indicated comparative good profitability but hero motorcorps reveals comparative higher ratio out of selected companies. Hero Motorcorps and Bajaj auto have good comparative liquidity position then TVS Motors. In concern with statistical test Anova except Debtors turnover ratio all selected ratio are rejected mean selected companies have no significant difference in debtors turnover ratio during study period.","PeriodicalId":116609,"journal":{"name":"Journal La Bisecoman","volume":"73 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130821220","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-04-14DOI: 10.37899/journallabisecoman.v3i4.776
Abbas Gatea Atiyah
An important role played by the strength of a company's position in the industry, companies must examine the factors that hinder building their strategic position. Companies need to have a successful management performance. It is the process of planning, organizing, and directing tasks, as well as monitoring the implementation of tasks. Therefore, this study aimed to explore the size of the obstacle posed by spatial myopia and temporal myopia in weakening the ability of organizations to achieve successful managerial performance. Where this is embodied in the hypotheses of the study, which state: There is an effect of spatial myopia and temporal myopia in achieving successful managerial performance. Therefore, the hypotheses of the study were tested in one of the important institutions in the oil sector (the petroleum products distribution company in Thi-Qar Governorate). The test was conducted on a sample of (132) managers from all managerial levels in the company. The research model and its hypotheses were tested using SmartPLS. The results of the study showed that there is an effect of spatial myopia and temporal myopia on the performance of organizations. So the study made some conclusions about how to treat. And the transition to adopting the concept of managerial hyperopia is one of the useful tools for the success of the organization's performance.
{"title":"Effect of Temporal and Spatial Myopia on Managerial Performance","authors":"Abbas Gatea Atiyah","doi":"10.37899/journallabisecoman.v3i4.776","DOIUrl":"https://doi.org/10.37899/journallabisecoman.v3i4.776","url":null,"abstract":"An important role played by the strength of a company's position in the industry, companies must examine the factors that hinder building their strategic position. Companies need to have a successful management performance. It is the process of planning, organizing, and directing tasks, as well as monitoring the implementation of tasks. Therefore, this study aimed to explore the size of the obstacle posed by spatial myopia and temporal myopia in weakening the ability of organizations to achieve successful managerial performance. Where this is embodied in the hypotheses of the study, which state: There is an effect of spatial myopia and temporal myopia in achieving successful managerial performance. Therefore, the hypotheses of the study were tested in one of the important institutions in the oil sector (the petroleum products distribution company in Thi-Qar Governorate). The test was conducted on a sample of (132) managers from all managerial levels in the company. The research model and its hypotheses were tested using SmartPLS. The results of the study showed that there is an effect of spatial myopia and temporal myopia on the performance of organizations. So the study made some conclusions about how to treat. And the transition to adopting the concept of managerial hyperopia is one of the useful tools for the success of the organization's performance.","PeriodicalId":116609,"journal":{"name":"Journal La Bisecoman","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116920765","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-09-02DOI: 10.37899/journallabisecoman.v3i3.677
Anil Kalubhai Vanvi
The fundamental objective of this study is to acquire an understanding of the profitability of the many private sector banks that were selected for the purpose of investigation. A lottery was used as the fundamental method of random sampling for the purpose of this inquiry. The sample unit for this investigation will consist of five banks that were chosen by the researcher. The investigation will take place over the course of a period of five calendar years, commencing in 2017 and concluding in 2021. The researcher made use of a variety of accounting techniques, such as profitability ratios, as well as statistical methods, such as one-way analysis of variance; the findings are discussed further down in this section.
{"title":"Profitability Analysis of Selected Private Sector Banks","authors":"Anil Kalubhai Vanvi","doi":"10.37899/journallabisecoman.v3i3.677","DOIUrl":"https://doi.org/10.37899/journallabisecoman.v3i3.677","url":null,"abstract":"The fundamental objective of this study is to acquire an understanding of the profitability of the many private sector banks that were selected for the purpose of investigation. A lottery was used as the fundamental method of random sampling for the purpose of this inquiry. The sample unit for this investigation will consist of five banks that were chosen by the researcher. The investigation will take place over the course of a period of five calendar years, commencing in 2017 and concluding in 2021. The researcher made use of a variety of accounting techniques, such as profitability ratios, as well as statistical methods, such as one-way analysis of variance; the findings are discussed further down in this section.","PeriodicalId":116609,"journal":{"name":"Journal La Bisecoman","volume":"138 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115014071","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-06-21DOI: 10.37899/journallabisecoman.v3i3.645
M. Wegwu, Sunny Joshua Princewill
This research investigated the connection between the entrepreneurial mindset of telecommunications companies in Rivers State, Nigeria, and their level of market competitiveness. In the state of Rivers, there were a total of 139 managers working for four different telecommunications companies: MTN, 9Mobile, Airtel, and Globacom. The researchers used a straightforward random selection method to choose 103 participants for their investigation. The delivery of a structured questionnaire was used to obtain the primary data for this study. Using Spearman's Rank Order Correlation Coefficient and the Statistical Package for the Social Sciences (SPSS) version 22.0, we examined whether or not the provided hypotheses were supported by the data. According to the findings of the research, the two aspects of entrepreneurial orientation that were chosen (innovativeness and proactiveness) have a substantial connection to an organization's level of competitiveness (quality and market share). According to the findings of the study, the management of telecommunications companies should have an innovative plan to fund innovative ideas, experimentation, and creative processes; they should also introduce new products and services; and they should invest significantly in research and development. Additionally, the management of companies that deal in telecommunications have to take the initiative in the launch of new goods and services whenever possible. When it comes to the current state of the telecommunications industry, they should be recognized as a reputable brand. They should also react more quickly than their rivals do to educational and research opportunities.
{"title":"Entrepreneurial Orientation and Competitiveness of Telecommunication Firms in Rivers State, Nigeria","authors":"M. Wegwu, Sunny Joshua Princewill","doi":"10.37899/journallabisecoman.v3i3.645","DOIUrl":"https://doi.org/10.37899/journallabisecoman.v3i3.645","url":null,"abstract":"This research investigated the connection between the entrepreneurial mindset of telecommunications companies in Rivers State, Nigeria, and their level of market competitiveness. In the state of Rivers, there were a total of 139 managers working for four different telecommunications companies: MTN, 9Mobile, Airtel, and Globacom. The researchers used a straightforward random selection method to choose 103 participants for their investigation. The delivery of a structured questionnaire was used to obtain the primary data for this study. Using Spearman's Rank Order Correlation Coefficient and the Statistical Package for the Social Sciences (SPSS) version 22.0, we examined whether or not the provided hypotheses were supported by the data. According to the findings of the research, the two aspects of entrepreneurial orientation that were chosen (innovativeness and proactiveness) have a substantial connection to an organization's level of competitiveness (quality and market share). According to the findings of the study, the management of telecommunications companies should have an innovative plan to fund innovative ideas, experimentation, and creative processes; they should also introduce new products and services; and they should invest significantly in research and development. Additionally, the management of companies that deal in telecommunications have to take the initiative in the launch of new goods and services whenever possible. When it comes to the current state of the telecommunications industry, they should be recognized as a reputable brand. They should also react more quickly than their rivals do to educational and research opportunities.","PeriodicalId":116609,"journal":{"name":"Journal La Bisecoman","volume":"220 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130666383","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-06-21DOI: 10.37899/journallabisecoman.v3i3.644
Yvette M. Villarta, Flordeliza S. Gagani, Mary Angela Dinulos, Liz Alexandra Tan, Adair Shemie Margaret Yosores, Allyza Punsalan, Andre Murillo
The COVID-19 pandemic has made drastic changes in every country’s economy, affecting several businesses particularly in the restaurant industry and resulting in different obstacles that threaten the overall business productivity. Thus, the study is a quantitative non-experimental that aimed to determine if there is a significant relationship between the management practices and productivity among the 50 respondents from the randomly selected 10 eateries in Cebu City, Philippines through linear correlation analysis. Data were gathered online using an adapted and reliable questionnaire. Findings revealed that the management practices of the eateries have a very high average weighted mean and SD (x̄=3.34 SD=0.72). Meanwhile, the level of impact of the eateries’ overall productivity garnered a very high average weighted mean (x̄=3.50 SD=0.57). Therefore, the levels of management practices and the productivity of the eateries during the COVID-19 pandemic have significant relationship with a moderate positive correlation of 0.58 (r = 0.5846, = 0.00001, p < 0.05). This implies the great need for businesses to establish appropriate management practices and for employees to systematically apply these practices for the betterment of both the productivity of the employees and the business as a whole. Additionally, with the problems of operations, regulations imposed by the government, and adjustments to competitors being faced, respondents suggested fostering open communication and utilizing online platforms, and promotions for the improvement of management practices and productivity.
COVID-19大流行给每个国家的经济带来了巨大变化,影响了一些企业,特别是餐饮业,并产生了威胁整体企业生产力的各种障碍。因此,该研究是一个定量的非实验,旨在通过线性相关分析,确定从菲律宾宿务市随机选择的10家餐馆的50名受访者中,管理实践与生产力之间是否存在显着关系。数据是通过一份经过调整的可靠问卷在线收集的。调查结果显示,餐馆的管理实践具有很高的平均加权平均值和标准差(x′=3.34 SD=0.72)。同时,餐馆整体生产力的影响水平获得了非常高的平均加权平均值(x′=3.50 SD=0.57)。因此,在新冠肺炎大流行期间,管理实践水平与餐馆的生产力存在显著关系,并呈0.58的中度正相关(r = 0.5846, = 0.00001, p < 0.05)。这意味着企业需要建立适当的管理实践,员工需要系统地应用这些实践,以提高员工和整个企业的生产力。此外,由于运营问题、政府法规以及面临的竞争对手调整,受访者建议促进开放沟通和利用在线平台,以及促进管理实践和生产力的提高。
{"title":"Management Practices and Productivity Level of Cebu City and Ozamiz City Eateries during COVID-19 Pandemic","authors":"Yvette M. Villarta, Flordeliza S. Gagani, Mary Angela Dinulos, Liz Alexandra Tan, Adair Shemie Margaret Yosores, Allyza Punsalan, Andre Murillo","doi":"10.37899/journallabisecoman.v3i3.644","DOIUrl":"https://doi.org/10.37899/journallabisecoman.v3i3.644","url":null,"abstract":"The COVID-19 pandemic has made drastic changes in every country’s economy, affecting several businesses particularly in the restaurant industry and resulting in different obstacles that threaten the overall business productivity. Thus, the study is a quantitative non-experimental that aimed to determine if there is a significant relationship between the management practices and productivity among the 50 respondents from the randomly selected 10 eateries in Cebu City, Philippines through linear correlation analysis. Data were gathered online using an adapted and reliable questionnaire. Findings revealed that the management practices of the eateries have a very high average weighted mean and SD (x̄=3.34 SD=0.72). Meanwhile, the level of impact of the eateries’ overall productivity garnered a very high average weighted mean (x̄=3.50 SD=0.57). Therefore, the levels of management practices and the productivity of the eateries during the COVID-19 pandemic have significant relationship with a moderate positive correlation of 0.58 (r = 0.5846, = 0.00001, p < 0.05). This implies the great need for businesses to establish appropriate management practices and for employees to systematically apply these practices for the betterment of both the productivity of the employees and the business as a whole. Additionally, with the problems of operations, regulations imposed by the government, and adjustments to competitors being faced, respondents suggested fostering open communication and utilizing online platforms, and promotions for the improvement of management practices and productivity.","PeriodicalId":116609,"journal":{"name":"Journal La Bisecoman","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133393562","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-06-21DOI: 10.37899/journallabisecoman.v3i3.670
Nadine Kiandra B. Baronia, Julia S. Daño, Athia Bless R. Mingo, Diane Kirsdy Y. Miones, Flordeliza S. Gagani
Despite the onslaught of COVID-19, people still travel and tourism can only thrive further upon its end. Souvenir shopping has long been integral to the tourism business and one’s travel experience. This quantitative non-experimental descriptive correlational study aimed to determine the relationship between souvenir purchase motivations and product attribute preferences among the randomly selected 50 Grade 12 Arts and Design students in the University of San Carlos South Campus for the school year 2021-2022. Two standardized and reliable Likert-type survey tools were used to collect data. Results revealed that students acquire souvenirs for a variety of reasons before making their decision. Students also valued the portability, aesthetic value, and authenticity of an item when looking for a souvenir. Researchers found out that there is a high positive correlation between souvenir purchase motivations and product attribute preferences and the relationship between the two variables is found to be significant, r (48) = 0.547, p < 0.05. This means that students who go on trips have distinct motivations and it affects their decision-making towards purchasing souvenir items. This study recommends that the variables be tested in more settings post-pandemic, as travel restrictions ease worldwide.
尽管疫情肆虐,但人们仍在旅行,旅游业只会在疫情结束后进一步繁荣。长期以来,纪念品购物一直是旅游业和旅游体验不可或缺的一部分。本定量非实验描述性相关研究旨在确定纪念品购买动机与产品属性偏好之间的关系,随机选择50名圣卡洛斯大学南校区12年级艺术与设计专业的学生为研究对象。采用两种标准化、可靠的李克特型调查工具收集数据。结果显示,学生在决定购买纪念品之前有各种各样的原因。在寻找纪念品时,学生们还重视物品的便携性、审美价值和真实性。研究发现,纪念品购买动机与产品属性偏好之间存在高度正相关,且两者之间的关系显著,r (48) = 0.547, p < 0.05。这意味着学生出游的动机不同,这影响了他们购买纪念品的决策。这项研究建议,随着全球旅行限制的放松,在大流行后更多的环境中对这些变量进行测试。
{"title":"Souvenir Purchase Motivations and Product Attribute Preferences among Arts and Design Students amidst Covid-19","authors":"Nadine Kiandra B. Baronia, Julia S. Daño, Athia Bless R. Mingo, Diane Kirsdy Y. Miones, Flordeliza S. Gagani","doi":"10.37899/journallabisecoman.v3i3.670","DOIUrl":"https://doi.org/10.37899/journallabisecoman.v3i3.670","url":null,"abstract":"Despite the onslaught of COVID-19, people still travel and tourism can only thrive further upon its end. Souvenir shopping has long been integral to the tourism business and one’s travel experience. This quantitative non-experimental descriptive correlational study aimed to determine the relationship between souvenir purchase motivations and product attribute preferences among the randomly selected 50 Grade 12 Arts and Design students in the University of San Carlos South Campus for the school year 2021-2022. Two standardized and reliable Likert-type survey tools were used to collect data. Results revealed that students acquire souvenirs for a variety of reasons before making their decision. Students also valued the portability, aesthetic value, and authenticity of an item when looking for a souvenir. Researchers found out that there is a high positive correlation between souvenir purchase motivations and product attribute preferences and the relationship between the two variables is found to be significant, r (48) = 0.547, p < 0.05. This means that students who go on trips have distinct motivations and it affects their decision-making towards purchasing souvenir items. This study recommends that the variables be tested in more settings post-pandemic, as travel restrictions ease worldwide.","PeriodicalId":116609,"journal":{"name":"Journal La Bisecoman","volume":"72 2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130329939","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-06-21DOI: 10.37899/journallabisecoman.v3i3.649
Adani Nnenne Ifechi, I. E. N. Okoli, K. Nwosu
The purpose of this study was to examine the influence of professional career development and teamwork on job satisfaction among lecturers in selected private universities in Nigeria. Social exchange theory was used to establish the theoretical framework of this study. The study adopted descriptive survey research design to establish the relationship between professional career development, teamwork and job satisfaction. Structured questionnaire was distributed to 428 respondents in six selected private universities in Nigeria. The reliability of the measuring instrument was tested using Cronbach Alpha. Hypothesis one was tested using correlation analysis and regression analysis were employed for testing of hypotheses two, three and four. The result of the analysis showed that there is a statistical influence between the three constructs professional career development, teamwork and job satisfaction of private university lecturers in Nigeria. The research concludes that professional career development and teamwork exert different levels of influence on private university lecturers’ job satisfaction and that teamwork exerts greater level of influence on lecturers’ job satisfaction. Hence it was suggested that management of private universities should promote the establishment of multidisciplinary and interdisciplinary research teams and centres in order to blend the experience of academics. Also, private universities should make annual plans to sponsor or subsidize conferences, seminars and workshop expenses of lecturers in order to encourage frequent participation in academic events so as to sustain the lecturer’s satisfaction and commitment on the job.
{"title":"Influence of Professional Career Development and Teamwork on Employee Job Satisfaction: Evidence From Private Universities in Nigeria","authors":"Adani Nnenne Ifechi, I. E. N. Okoli, K. Nwosu","doi":"10.37899/journallabisecoman.v3i3.649","DOIUrl":"https://doi.org/10.37899/journallabisecoman.v3i3.649","url":null,"abstract":"The purpose of this study was to examine the influence of professional career development and teamwork on job satisfaction among lecturers in selected private universities in Nigeria. Social exchange theory was used to establish the theoretical framework of this study. The study adopted descriptive survey research design to establish the relationship between professional career development, teamwork and job satisfaction. Structured questionnaire was distributed to 428 respondents in six selected private universities in Nigeria. The reliability of the measuring instrument was tested using Cronbach Alpha. Hypothesis one was tested using correlation analysis and regression analysis were employed for testing of hypotheses two, three and four. The result of the analysis showed that there is a statistical influence between the three constructs professional career development, teamwork and job satisfaction of private university lecturers in Nigeria. The research concludes that professional career development and teamwork exert different levels of influence on private university lecturers’ job satisfaction and that teamwork exerts greater level of influence on lecturers’ job satisfaction. Hence it was suggested that management of private universities should promote the establishment of multidisciplinary and interdisciplinary research teams and centres in order to blend the experience of academics. Also, private universities should make annual plans to sponsor or subsidize conferences, seminars and workshop expenses of lecturers in order to encourage frequent participation in academic events so as to sustain the lecturer’s satisfaction and commitment on the job.","PeriodicalId":116609,"journal":{"name":"Journal La Bisecoman","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132485071","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-31DOI: 10.37899/journallabisecoman.v3i2.586
Leelesh Sundaram, S. Muthu
Existing studies have demonstrated the negativity of cultural distance in international investments more particularly in the case of inbound mergers across the globe. It is famous speculation that the increasing import of foreign products would certainly affect the use and value of cultural goods of the particular state or nation, due to various influencing factors like consumer temperaments, choice and arousals. In this hypothetical situation, various governments across the globe have started imposing restrictions and authoritative conditions on Inbound Mergers thereby curtailing the scope of further business. When a closer study in respect of Indian trade and culture is carried out, it is quite interesting to note that there are no significant findings on the impact of cross-border inbound mergers on cultural sarees in India. This existing ambiguity appears even more substantial in the case of Southern States as this part of the country is often known for their cultural values and existing cultural sarees at the same time the Inbound Mergers in the said geographical jurisdiction is also increasing. Hence in order to address this ambiguity, this study is carried out so as to find out the Impact of cultural sarees on Inbound mergers in the Southern States of India as it is necessary to identify if there is an adverse impact on sales rate of cultural sarees. Further, this impact might be due to various factors, in order to bring in a regulation or change in law, it is essential to figure out if there is product interrelations.
{"title":"Impact on the Sales of Cultural Sarees due to Imports from Inbound Mergers in the South India by Product Interrelations","authors":"Leelesh Sundaram, S. Muthu","doi":"10.37899/journallabisecoman.v3i2.586","DOIUrl":"https://doi.org/10.37899/journallabisecoman.v3i2.586","url":null,"abstract":"Existing studies have demonstrated the negativity of cultural distance in international investments more particularly in the case of inbound mergers across the globe. It is famous speculation that the increasing import of foreign products would certainly affect the use and value of cultural goods of the particular state or nation, due to various influencing factors like consumer temperaments, choice and arousals. In this hypothetical situation, various governments across the globe have started imposing restrictions and authoritative conditions on Inbound Mergers thereby curtailing the scope of further business. When a closer study in respect of Indian trade and culture is carried out, it is quite interesting to note that there are no significant findings on the impact of cross-border inbound mergers on cultural sarees in India. This existing ambiguity appears even more substantial in the case of Southern States as this part of the country is often known for their cultural values and existing cultural sarees at the same time the Inbound Mergers in the said geographical jurisdiction is also increasing. Hence in order to address this ambiguity, this study is carried out so as to find out the Impact of cultural sarees on Inbound mergers in the Southern States of India as it is necessary to identify if there is an adverse impact on sales rate of cultural sarees. Further, this impact might be due to various factors, in order to bring in a regulation or change in law, it is essential to figure out if there is product interrelations.","PeriodicalId":116609,"journal":{"name":"Journal La Bisecoman","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116751344","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}