scholarly journals Examining the Effect of Budgetary Controls on the Financial Performance of Oman Telecommunication Company.

2021 ◽  
Vol 8 (6) ◽  
pp. 83-95
Author(s):  
Raya Mohammed AL Mahroqi
Keyword(s):  
Financial Performance ◽  
Organizational Performance ◽  
Survey Method ◽  
Top Management ◽  
Microsoft Excel ◽  
Control Techniques ◽  
Budgetary Control ◽  
Control Procedures ◽  
The Impact

The budgeting process and budgetary control are one of the most important activities that have great importance in the techniques used for planning and monitoring activities and all the administrative and financial functions of the organization. This study aims to assess the effect of budgetary control on the financial performance of the Oman Telecommunications Company and verify the effectiveness of budgetary control techniques in the company, in light of the support and role of top management for budgetary control techniques in the company. This study will allow financial managers in various companies to understand the nature of the work of budgetary control techniques, their importance, and the extent of the impact of each technique, and thus managers will be able to determine the best-used and appropriate techniques that will lead to raising efficiency in financial and organizational performance. As for the research methodology used in the study, the survey method based on questionnaires and interviews was used. Data were analyzed using frequency distribution, correlations, and regression analysis. Microsoft Excel was used to analyze the collected data. As for the interview, they were analyzed by descriptive and explanatory methods. The results indicated that there is a positive relationship between budgetary control and the financial performance of the company, the differential impact of budgetary control techniques, and the confirmation of the company’s use of the technique of variance analysis and accounting responsibility, as well as the importance of budgetary control procedures. The results also indicate the importance of support and the role of top management for budgetary control techniques. Several recommendations were made through the results of this study. The recommendation was made on the need to understand and implement the company’s adjustment of funds technique for its importance in improving and raising the company's financial performance significantly in the company. Keywords:      Budgetary Control, Organizational Financial Performance,                         Budgetary Control Techniques, Budgeting     

scholarly journals Examining the Effect of Budgetary Controls on the Financial Performance of Oman Telecommunication Company

2021 ◽  
Vol 2 (3) ◽  
pp. 37-46
Author(s):  
Raya Al Mahroqi ◽  
◽  
Maria Matriano ◽  
Keyword(s):  
Financial Performance ◽  
Organizational Performance ◽  
Financial Management ◽  
Resource Planning ◽  
Top Management ◽  
Control Techniques ◽  
Telecommunication Company ◽  
Budgetary Control ◽  
The Impact ◽  
Telecommunications Company

Objectives The objectives of the study were to analyze the different budgetary control techniques that affect and how it affects the financial performances; to determine the ways of effective budgetary control affecting the financial performances and to identify and to evaluate the roles of top management in budgetary control techniques of the Oman Telecommunications Company. Research Methodology A questionnaire was prepared for collecting the survey. The respondents were the employees of the financial department and also officials and supervisors from other departments of the Oman Telecommunications Company. The questionnaires were distributed to 60 members and the data collected was analyzed using Microsoft Excel to obtain the frequencies, percentages, and descriptive analysis. Findings The results indicated that there is a positive relationship between budgetary control and the financial performance of the company. The results also indicated that the company preferred the Responsibility accounting technique, Revenue budgeting technique, and variance analysis technique. It is also reported that the management is informed of the deviations regularly, and the managers take corrective measures promptly as and when required. It was found that the top management of the Oman Telecommunications Company is aware of the importance of budgetary control techniques and supports them. Research Implication From the results, it was recommended that the company should give prior attention to developing budgetary control through proper planning, ensure continuous evaluation of comparative analysis of actuals vs. budget. It was also suggested that the company introduce enterprise resource planning (ERP) as the monitoring will become easy for the financial management in ensuring the productivity of the employees in the budgetary control process. Social Implication The study will allow financial managers in various companies to understand the serious nature of budgetary control techniques, their importance, and the extent of the impact which in turn will help them to improve efficiency in achieving financial performances. Novelty No study was carried out before to study the impact of budgetary control on the organizational performance of Oman Telecommunication Company. This is a maiden attempt.

Employment relations and perceived organizational performance: the moderating role of technological intensity

2020 ◽  
Vol 43 (1) ◽  
pp. 109-130
Author(s):  
Harsh Harsh ◽  
Asha Prasad
Keyword(s):  
Organizational Performance ◽  
Industrial Relations ◽  
Survey Method ◽  
National Capital Region ◽  
Employment Relation ◽  
Content Type ◽  
National Capital ◽  
Technological Intensity ◽  
The Impact

PurposeThe purpose of the study is to examine the relationship of different dimensions of employment relation (ER) with perceived organizational performance. The study also attempts to analyze the role of technological intensity in determining the employment approaches adopted by the firm.Design/methodology/approachData were gathered through the survey method and in-depth personal interviews were conducted in Indian manufacturing firms based in the National Capital Region (NCR).FindingsThe findings confirm that all dimensions of employment relation have profound and significant relationship with perceived organizational performance. It also revealed that technology intensity of the industry determines the way people are managed in the organization.Originality/valueThe study has contributed to the existing body of knowledge by understanding the impact of unique framework of ER (industrial relations and HRM) on organizational performance. The study represents the one of the fewest attempts to measure technology intensity as moderating variable in ER & Performance.

scholarly journals The perceived impact of employee turnover and its outcome on the efficiency of the organizational performance

2020 ◽  
Author(s):  
Hanan Suleiman Salim Al Amri ◽  
Jitendra Pandey
Keyword(s):  
Organizational Performance ◽  
Employee Turnover ◽  
Negative Impact ◽  
Study Finding ◽  
Survey Method ◽  
Future Research ◽  
Top Management ◽  
Staff Turnover ◽  
High Staff Turnover ◽  
The Impact

The problem of employee turnover is very important in any organization. The impact of displacing an employee differ based on many factors, including the hardness of the position. To study the impact, we prepare a questionnaire and distribute it online with people working in Oman. However, there is not many studies highlighted the employee turnover. Employee turnover is a measurement of numbers of employee who left their works or organization and there are two types of employee turnover, voluntary and involuntary.   Therefore, the aim of this research is to examine the problem and understand it, which consists of three elements: analyze the cause, determine the impact of employee’s performance, and provide solutions and recommendation based on findings.  This research focuses on the impact of staff turnover on organizational effectiveness and employee performance within Oman. High staff turnover rate may jeopardize efforts to attain organizational objectives. In addition, when an organization loses a critical employee, there is negative impact on innovation, consistency in providing service to guests may be jeopardized and major delays in the delivery of services to customers may occur. The research design used in this study was the quantitative approach, which allowed the researcher to use structured questionnaires when collecting data.   A pilot study was conducted to test the questionnaire. The survey method was used in this study because the target population only composed of 100 employees. A high response rate of 88% was obtained using the personal method of data collection, questionnaire was structured in a 5-point Likert scale format. The Statistical Package for Social Science (SPSS) version 15 for Windows was used for statistical analysis of the main responses. The study finding suggests that salary is the primary cause of staff turnover in the Department of Home Affairs. The findings highlighted that high staff turnover increases workload to the present employees in the department. The study finding also showed that staff turnover causes reduction in effective service delivery to the customers and reflects poorly on the image of the Department. Other findings suggested that unhealthy working relationship may also be the cause of staff turnover in the department. The recommendations highlighted that top management should pay a marketable salary to employees and the employees must be rewarded if they have achieved their goals. Top management should also develop opportunities for career advancement in the department. Top management should involve employees when they make key decisions that will affect them in the organization. The study concludes with direction for future research.

scholarly journals Dynamics in Organization: Comparison Study of Learning Organization with Adaptive Organizations

2021 ◽  
Vol 2 (1) ◽  
pp. 1-6
Author(s):  
Chu Yi-wei ◽  
Ho Meng-chian
Keyword(s):  
Information Technology ◽  
Organizational Performance ◽  
Organizational Development ◽  
Learning Organization ◽  
Survey Method ◽  
Level Of Activity ◽  
The Times ◽  
The Impact ◽  
Role Of Information

This article discusses the dynamics in organizations, specifically about the comparison of organizational learning with adaptive organizations. This study used a survey method by relying on observational reviews of Organizations X and Y. Data collection was carried out on all staff from 2 organizations totaling 100 people each, 50 respondents each. The results showed the level of activity in the use of Organizational Technology, especially during the COVID-19 era, the role of information technology was a challenge and an opportunity for organizational performance owners to adapt so that their organizational performance could remain productive and effective. The results showed that the dynamics of the organization require adaptive technology, information technology has an influence on organizational development. This condition requires organizations to continue to learn and provide training in accordance with the times, this is certainly relevant to the concept of learning organization with the impact that requires organizations to acquire and transfer organizational knowledge to individuals in the organization.

scholarly journals The Impact of Management Capabilities on SMEs Financial Performance; the Moderating Role of Financial Access

2019 ◽  
pp. 59-84
Author(s):  
Muhammada Sualeh Khattak ◽  
Kinan Ul Hassan
Keyword(s):  
Financial Performance ◽  
Developing Economies ◽  
Small And Medium Enterprises ◽  
Emerging Market ◽  
Top Management ◽  
Financial Access ◽  
Management Capabilities ◽  
The Impact ◽  
Moderating Role

Small and Medium Enterprises (SMEs) face various challenges and barriers in developed and developing economies. Due to lack of resources, they often fail to survive for the long term. Prior studies have discussed different factors that can enhance the success and performance of SMEs. However, the role of top management capabilities is rarely discussed in emerging economies. This research fills the gap by examining the role of top management capabilities in the financial performance of SMEs with a moderating role of financial access. For this study, data were collected through a structured questionnaire from 150 SMEs operating in Rawalpindi and Islamabad. To test the hypotheses and model, regression analyses were performed in SPSS. The results indicate that top management capabilities and financial access have a significant positive influence on the financial performance of SMEs. However, financial access a moderator does not significantly contribute to SMEs performance in the emerging market. We recommend SMEs to give enough attention to top management capabilities and various sources of finance to gain high profit and stay for a long time in the dynamic markets. Further implications are discussed.

scholarly journals The distinctive capabilities system in the organizational performance of Portuguese fitness centers and gyms

2021 ◽  
pp. 1-16
Keyword(s):  
Financial Performance ◽  
Organizational Performance ◽  
Positive Impact ◽  
Three Dimensions ◽  
Primary Data ◽  
Survey Method ◽  
Cross Sectional Survey ◽  
Online Questionnaire ◽  
Cross Sectional ◽  
The Impact

The aim of this article is from the concept of distinctive capacity, to highlight the importance of the system of distinctive capabilities in the overall, non-financial and financial performance of Portuguese fitness academies and gyms. As a secondary objective, the influence of the "adaptation" dimension on the system of distinctive capabilities. We develop and test hypotheses as to how adaptation impacts the distinctive capabilities system, and how this system impacts global performance, non-financial performance and financial performance. This study adopted a cross-sectional survey method to collect primary data. An online questionnaire was distributed to around 978 fitness gyms professionals, out of which 68 completed questionnaires were obtained. The hypotheses are tested by using partial least squares-path modelling. The analytical results indicate that adaption has a positive impact on distinctive capability system, while the system has a positive impact on the three dimensions of organizational performance. Thus, this study provides a better understanding of the impact of distinctive capabilities system in performance. The results of this study have the potential to call the attention of fitness gyms decision-makers to develop a distinctive capability system, in turn, fitness gyms will be able to achieve superior organizational performance.

The Role of Career Self-Efficacy on the Effect of Parental Career Behaviors on Career Exploration: A Study on School of Tourism and Hotel Management’ Students

2016 ◽  
Vol 3 (1) ◽  
pp. 143 ◽  
Author(s):  
Selahattin Kanten ◽  
Pelin Kanten ◽  
Murat Yeşiltaş
Keyword(s):  
Undergraduate Students ◽  
Self Efficacy ◽  
Structural Equation ◽  
Career Exploration ◽  
Equation Modeling ◽  
Survey Method ◽  
Hotel Management ◽  
Mediating Role ◽  
The Impact

This study aims to investigate the impact of parental career behaviors on undergraduate student’s career exploration and the mediating role of career self-efficacy. In the literature it is suggested that some social and individual factors facilitate students’ career exploration. Therefore, parental career behaviors and career self-efficacy is considered as predictors of student’s career exploration attitudes within the scope of the study. In this respect, data which are collected from 405 undergraduate students having an education on tourism and hotel management field by the survey method are analyzed by using the structural equation modeling. The results of the study indicate that parental career behaviors which are addressed support; interference and lack of engagement have a significant effect on student’s career exploration behaviors such as intended-systematic exploration, environment exploration and self-exploration. In addition, it has been found that one of the dimensions of parental career behaviors addressed as a lack of engagement has a significant effect on career self-efficacy levels of students. However, research results indicate that student’s career self-efficacy has a significant effect on only the self-exploration dimension. On the other hand, career self-efficacy has a partial mediating role between lack of engagement attitudes of parents and career exploration behaviors of students.

scholarly journals The Effect of Using Social Media in the Modern Marketing Communication on the Shaping an External Employer’s Image

Energies ◽  
2021 ◽  
Vol 14 (14) ◽  
pp. 4177
Author(s):  
Agnieszka Izabela Baruk ◽  
Grzegorz Wesołowski
Keyword(s):  
World Literature ◽  
Statistical Tests ◽  
Empirical Studies ◽  
Communication Channels ◽  
Primary Data ◽  
Survey Method ◽  
Marketing Communication ◽  
Chi Square ◽  
The Impact

The aim of this article was to determine the significance of modern marketing communication channels used in the process of shaping the external image of an enterprise as an employer. An analysis of the world literature on marketing, management, marketing communication and human resource management was used to prepare the theoretical part. The results of the analysis indicate a cognitive and research gap regarding the use of modern communication channels for building the external image of an enterprise in the role of an employer. In order to reduce the gap, empirical studies were conducted among young Polish potential employees, in which the survey method was used to gather primary data. The collected data were subjected to statistical analysis, during which the following methods and statistical tests were applied: the analysis of average values, exploratory factor analysis, Kruskal–Wallis test (KW), Pearson chi-square independence test and V-Cramer coefficient analysis. The results of the analyses conducted indicate, inter alia, that statistically significant diversity was identified in the case of non-professional media in terms of respondents’ opinions on whether the employer’s image created by modern media is better than the employer’s image created on the basis of classical marketing communication channels. In the case of professional and non-professional media, the age of the respondents was not a differentiating feature. Moreover, neither for professional media nor for non-professional media were statistically significant dependencies identified between respondents’ opinions on the impact of actions undertaken by enterprises on shaping their positive external image as an employer and respondents’ opinions on whether the employer’s image created on the basis of modern marketing communication channels is more beneficial than the employer’s image created on the basis of classical marketing communication channels. The results obtained on the basis of the research have a cognitive and applicability value, characterized by originality. Until now, the importance of using modern marketing communication channels in shaping the employer’s external image has not been analysed. This also applies to enterprises operating on the energy market.

scholarly journals Factors affecting the organizational performance of manufacturing firms

2017 ◽  
Vol 9 ◽  
pp. 184797901771262 ◽  
Author(s):  
Ahmad Adnan Al-Tit
Keyword(s):  
Organizational Performance ◽  
Measurement Instrument ◽  
Manufacturing Firms ◽  
Factors Affecting ◽  
Mediating Role ◽  
Values And Beliefs ◽  
The Individual ◽  
The Impact ◽  
The Relationship

Numerous studies have been conducted to explore the individual effects of organizational culture (OC) and supply chain management (SCM) practices on organizational performance (OP) in different settings. The aim of this study is to investigate the impact of OC and SCM on OP. The sample of the study consisted of 93 manufacturing firms in Jordan. Data were collected from employees and managers from different divisions using a reliable and valid measurement instrument. The findings confirm that both OC and SCM practices significantly predict OP. The current study is significant in reliably testing the relationship between SCM practices and OP; however, it is necessary to consider cultural assumptions, values and beliefs as the impact of OC on OP is greater than the impact of SCM practices. Based on the results, future studies should consider the moderating and mediating role of OC on the relationship between SCM practices and OP.

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