Browsing by Author "Olawale, Yinusa Alabi"
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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 AlaoItem 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 AlabiThis 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 AlabiThe 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 OludeleThe 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, MulikatThe 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 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 AdewaleThis 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.