Browsing by Author "Olawale, Yinusa Alabi"

Now showing 1 - 10 of 10
  • Item
    Assessment of the Effect of Small and Medium Enterprises’ Patronage on Financial Performance of Microfinance Banks in Ilorin, Kwara State
    (Faculty of Management Sciences, University of Ilorin, Ilorin, 2018) Salman Abdulrasaq; Olawale, Yinusa Alabi; Saka, Taofiq Alao
    Small and Medium Scale Enterprises (SMEs) are the entire variety of moneymaking activity within all sectors such as banking sectors and share amount of general harms that deter effective performance in many nations. However, effect of SMEs in the economy generally on microfinance banks have not been observed due to low effect of microfinance banks service products as expected to meet the. Therefore, it becomes imperative to examine the effect of SMEs patronage on performance of Microfinance Banks (MFBs) in Ilorin, Kwara State. The used a well-structured questionnaire to collect data from 104 employees of five (5) selected Microfinance Banks (MFBs) in Ilorin Metropolis. Pearson correlation 5% level of significant was used to test the formulated hypothesis of the study. Findings of the study shows that there is a significant correlation between small and medium scale enterprise (SMEs) and product services of microfinance banks which include loan service (R=0.950), e-transacts (R=O.939), financial advisory (R=O.964) and group collection services (R=0.926) is high at 5% level of significant. The study concludes that when SMEs properly harnessed and supported by microfinance financial product services it will contribute significantly to the performance of MFBs. The study recommends that SMEs as a sub-sector of the economy improve the performance of MFBs but the growth of Micro financing industry required further improvement for better financial performance in the industry.
  • Item
    Assessment of the Effect of Small Scale Enterprises' Patronage on Financial Performance of Microfinance Banks in Ilorin, Kwara State
    (Faculty of Management Sciences University of Ilorin, 2018-06-01) Salman, Abdulrasaq; Olawale, Yinusa Alabi; Saka, Taofiq Alao
  • Item
    DETERMINANTS OF BANKS PATRONAGE IN NIGERIA: THE SEARCH, EXPERIENCE AND CREDENCE FACTORS FOR SUSTAINABLE DEVELOPMENT
    (Journal of Sustainable Development in Africa, 2018) Adeoti, Johnson Olabode; Isiaka, Sulu Babaita`; Adebisi, Olubunmi Adebola; Lawal, Adedoyin Isola; Olawale, Yinusa Alabi
    This study seeks to examine Search, Experience and Credence (SEC) factors as determinants of banks’ patronage and its implication on fund mobilization and fund applications for sustainable development in Nigeria. Purposive and convenience sampling techniques were employed to select the sample size of the account holders in the selected banks. Data were collected by use of self-administered questionnaire on a 7-point Likert scale. Findings revealed that Search attributes ranked higher followed by Experience attributes and the Credence attributes in that order. The study concluded that bank customers are highly sensitive to the SEC before making decision about patronage. Therefore, Service Organizations like banks should consider these when developing strategy for customers’ patronage. The paper recommends that banks’ marketers and customer relationship officers should be properly trained on the importance of SEC attributes in order to attract customers for patronage.
  • Item
    THE EFFECT OF PROMOTIONAL STRATEGIES ON THE SALES OF PHARMACEUTICAL PRODUCT: A CASE STUDY OF EVANS MEDICAL PLC
    (Lapai International Journal of Management and Social Sciences (LIJOMASS), 2014-06-05) Adeoti, Johnson Olabode; Olawale, Yinusa Alabi
    The study is designed to find out the effect of promotional strategies on the sales of pharmaceutical product. The factors considered are sales and profit growth, customer's loyalty and influence of competitors. The objective is to determine the effect of promotional strategies on sales and profits of pharmaceutical companies and the effect of promotional strategies on customer's patronage. One hundred questionnaire.s were administered to the respondents by the researcher. The data collected were analysed using frequency count, percentages and regression statistical technique. The results depicts that there is a positive relationship between promotional strategies and sales and profit as well as customers patronage of pharmaceutical product. Based on the findings it was recommended that business firms should adopt and implement appropriate promotion strategies for their products in order to boost sales and increase profits.
  • Item
    IMPACT OF COMPENSATION STRATEGY ON EMPLOYEES’ PERFORMANCE OF DANGOTE FLOUR MILL, ILORIN, KWARA STATE, NIGERIA
    (Ilorin Journal of Human Resource Management (IJHRM), 2019-02) Olawale, Yinusa Alabi; Adeoti, Johnson Olabode; ASABI, Mathew Oludele
    The study seeks to investigate the impact of compensation strategy on employees’ performance of Dangote Flour Mills, Ilorin, Kwara State. A sample of one hundred and forty-two (142) respondents comprising of Dangote staff was used for the study. The sampling method employed was simple random sampling technique and questionnaire was the research instrument used to obtain relevant information from respondents on the objectives of the study. Data collected were analysed using multiple regression analysis. The result shows that the impact of compensation strategy is a good predictor for effective performance of employees of Dangote Flour Mills, Ilorin, Kwara State. Based on the findings, it was recommended that organisations should adopt and implement appropriate compensation strategy for their employees in order to increase the performance of the employees.
  • Item
    IMPACT OF FRAUD ON ORGANIZATIONAL PROFITABILITY: A STUDY OF SELECTED BANKS IN NIGERIA
    (Ilorin Journal of Marketing, 2015-06-01) Adeoti, Johnson Olabode; Kadiri, Ismaila Bolarinwa; Olawale, Yinusa Alabi; Abdulraheem, Mulikat
    The development in the banking industry over the years have resulted into complex and diverse situations. The traditional banking era have been replaced with modern methods due to the emergence of Information and Communication Technology (ICT). These developments have also influenced the practices as well as the nature of work in the industry. However as new technologies were developed new methods of defrauding and fraudulent acts were often perpetrated by customers as well as bank staffs. This paper therefore seeks to examine the impact of fraud on organizational profitability. Fraud and fraudulent activities pose a significant problem to the banking industry in Nigeria. Multiple regression analysis was used to examine the impact of the fraud on organizational profitability in Nigeria selected banks. Detailed questionnaire were used to obtain the required information from the respondents. However, due to the stringent measures adopted by the regulatory body to tackle the menace of fraud and fraudulent activities, there was a significant decrease between 2006 and 2011. The paper concluded that fraud and fraudulent activities inflict severe financial difficulties on banks and their customers. They reduce the amount of money available for the development of the organization. The study recommended that banks in Nigeria need to strengthen their infernal control systems and the regulatory bodies should improve their supervisory role in order to check and curtail the incidence of fraud and fraudulent activities in Nigeria banking industry.
  • Item
    Impact of Fraud on Organizational Profitability: A Study of Selected Banks in Nigeria
    (Department of Marketing, Faculty of Management Sciences, University of Ilorin, Ilorin, Nigeria, 2015) Adeoti, Johnson Olabode; Kadiri, Ismaila Bolarinwa; Olawale, Yinusa Alabi; Abdulraheem, Mulikat
    The development in the banking industry over the years have resulted into complex and diverse situations. The traditional banking era have been replaced with modern methods due to the emergence of Information and Communication Technology (ICT). These developments have also influenced the practices as well as the nature of work in the industry. However, as new technologies were developed new methods of defrauding and fraudulent acts were often perpetrated by customers as well as bank staffs. This paper therefore seeks to examine the impact of fraud on organizational profitability. Fraud and fraudulent activities pose a significant problem to the banking industry in Nigeria. Multiple regression analysis was used to examine the impact of the fraud on organizational profitability in Nigeria selected banks. Detailed questionnaire were used to obtain the required information from the respondents. However, due to the stringent measures adopted by the regulatory body to tackle the menace of fraud and fraudulent activities, there was a significant decrease between 2006 and 2011. The paper concluded that fraud and fraudulent activities inflict severe financial difficulties on banks and their customers. They reduce the amount of money available for the development of the organization. The study recommended that banks in Nigeria need to strengthen their internal control systems and the regulatory bodies should improve their supervisory role in order to check and curtail the incidence of fraud and fraudulent activities in Nigeria banking industry.
  • Item
    IMPACT OF REWARD PHILOSOPHY ON CORPORATE ENTREPRENEURSHIP PERFORMANCE FOR SUSTAINABILITY OF THE FOOD AND BEVERAGES INDUSTRY
    (Journal of Sustainable Development in Africa, 2018) Adeoti, Johnson Olabode; Isiaka, Sulu Babaita`; Lawal, Adedoyin Ishola; Olawale, Yinusa Alabi; Adeyemi, Emmanuel Adewale
    This study examined the impact of reward philosophy on corporate entrepreneurship performance for sustainability of the food and beverage industry. The food and beverage companies selected were those that fall among the top 20 companies with the highest market value quoted in the Nigerian Stock Exchange. Thus, six companies located in the Southwest Nigeria were selected, involving 338 respondents, differed in their hierarchical and functional positions to capture various staff viewpoints across a variety of management and employee grades, as well as across different teams and departments. The study uses four explanatory variables (Salary [Sa], Recognition [Recg], Promotion Opportunity [PrOp] and Allowance [Alw] for the purpose of predicting corporate entrepreneurship performance [CoEp] for sustainability in Food and Beverage Industry. Multiple regression analysis was employed to examine the effect of independent variables on the dependent variable. The findings of the study revealed that the reward philosophy is crucial to corporate entrepreneurship performance which is required for sustainable development of the Nigerian economy with calculated p-value of 0.000 which is less than the tabulated p-value of 0.05 at 95% level of confidence.
  • Item
    Marketing Strategies and the Growth of Entrepreneurial Development in Ilorin West Local Government Area of Kwara State
    (Department of Marketing, Faculty of Management Sciences, University of Ilorin, Ilorin, 2022) Salman Abdulrasaq; Olawale, Yinusa Alabi; Yusuf, Ismail
    A marketing strategy is the result of decisions being made about how a particular product or service will be packaged to its target customers. Nowadays, market is becoming more and more competitive and dynamic and they are using different strategies in order to still remain relevant in the market. This study therefore examines the effect of marketing strategy on the growth of entrepreneurial development in Ilorin West Local Government Area of Kwara State. Survey research design was used in the study. The population of the study comprise of the registered business entrepreneurs in the study area which are 103. Census sample was used for the study but 92 questionnaires were returned and properly filled. Finding of the study revealed that marketing promotional strategies have significant effect on the growth of entrepreneurial development (B=O.376, p-value= 0.000 < 0.05). The result implies that there was a statistically significant effect of marketing strategies on the growth of entrepreneurial development in the selected area of the study. It was concluded that advertising public relations etc. had significant influence on the growth of entrepreneurial development. This study therefore recommended that certain aspects of marketing strategies are important in an effort to achieve the growth of entrepreneurial development.
  • Item
    The title of the main paper is Effect of Packaging on Consumers' Decision in Nigeria Food and Beverage Industry
    (Faculty of Management Sciences, Usmanu Danfodiyo University, Sokoto, Nigeria, 2023) Olawale, Yinusa Alabi; Salman, Abdulrasaq; Ojo, Emmanuel Oludele; Balogun, Ebenezer Oluwadamilare
    The main objective of this study is to examine packaging and consumers' decision using Bigi product consumers in University of Ilorin, Ilorin, Kwara state as a case study. The specific objectives of the study were to; (i) examine the impact of package label on product quality; and (ii) examine the impact of package design on customer patronage. The research adopted descriptive survey research design while the sampling technique adopted is simple random sampling techniques and the population of the study is 3775. A total number of three hundred and sixty-two (362) copies of questionnaires were distributed which represents the sample size and was arrived at using Taro Yamane (1967) formula and three hundred and thirteen copies of the questionnaires were filled correctly and returned and used for the analysis of this study. The responses to the questionnaires were analyzed using SPSS and hypotheses were tested using multiple linear regression at 0.05 significance level. The result of the findings revealed that package label have significant impact on product quality with r²= 0.790, and p= 0.005, 0.000 and 0.043; and package design has significant influence on customer patronage with r²= 0.796, and p = 0.000, 0.045, and 0.000. The study therefore concluded that packaging has positive effect on consumer's choice. The study recommends food and beverage industry should ensure that they improve on their product label by ensuring that it includes the certification of the product, the composition of the product as well as valid information about the product so as to enhance the quality of the product.