IMPACT : International Journal of Research in Business Management

15-28

Authors: ELOM EGEDE MATTHIAS & NWEKPA KENNETH CHUKWUMA

Trade liberalization and globalization has created a more unified world market where organizations have opportunities to exploit to their advantage. At the same time, it has placed much responsibility on them as they have to be mindful of the best practices in their industry. Nigerian organizations have to compete with organizations in the most developed worlds which have achieved competitiveness country wise. This makes it imperative for them to look inward to device a means of overcoming shortfalls created by deficit infrastructures in other to stand toe to toe with their counterpart in different parts of the world. The study was conceptual, and extensive review of literature was undertaken with focus on corporate entrepreneurship and VRIO model. The outcome shows that despite huge challenges faced by these Nigerian organizations as a result of infrastructural deficit, they can still capitalize on human resources to excel. The VRIO analysis shows that the resources needed by organizations to achieve sustainable competitive advantage are mainly those that are imperfectly imitable and organizational specific procedures (organizational exploitation) developed overtime. It is this uniqueness which is not tradable that gives a firm an edge. These resources can be developed mainly through corporate entrepreneurship approaches. The study found that organizations that encourage entrepreneurial thinking/activities (entrepreneurial orientated organization) are more likely to achieve sustained competitive advantage over those that do not. It was recommended that Nigerian organizations should create entrepreneurial organizational climate and support individuals that are entrepreneurial instead of forcing them to adapt completely and cohesively to organizational bureaucracy and routine. They should adopt corporate entrepreneurship as a panacea for survival as this will help them surmount the challenge of obsolescence and achieve sustained competitive advantages

39-48

Authors: M. KAVITHA

Coir or Cocos - Nature's wonder fibre is extracted from the protective husk of the coconut. This golden fibre is spun in a breath - taking range of textured yarn and woven into a spectrum of colorful floor covering. The husks separated from the nuts are retted in lagoons up to ten months. The retted husks are then beaten with wooden mallets manually to produce the golden fibre. The fibre is later spun into yarn on traditional spinning wheels called "Ratts", ready for dyeing and weaving into myriad shades of floor coverings. A score of varieties/grades of coir yarn are produced and each variety is associated with certain specific characteristics, used for industrial, agricultural and domestic applications

57-68

Authors: HILDA OSISIOMA, HOPE NZEWI & NWOYE PAUL

The study examined the relationship between corporate social responsibility and performance of selected firms in Nigeria. The specific objective of the study was to determine if there was any significant relationship between social responsibility cost and corporate profitability in the selected firms. The study was based on the stakeholder theory of social responsibility which emphasized the need for a corporate organization to satisfy the requirements of various interest groups. Exploratory research design was employed with the use of time series data. Product moment correlation was used to test the hypothesis and to determine whether there is any significant relationship between social responsibility cost and corporate profitability in the selected firms. Findings revealed a significant relationship between social responsibility cost and corporate profitability. Therefore, the study concluded that social responsibility was vital to organizational performance. It is recommended that firms in Nigeria should endeavour to increase their commitment to social responsibility by setting aside substantial amount of their income to social responsibility programmes.

81-100

Authors: LUCA SCAINI

The aim of this paper is to improve the Matrix of Ayal & Zif (Ayal & Zif 1979), with specific emphasis on the use of holistic variables able to offer a quantitative background for analyses and incorporating the possibility to explore the effect of physioeconomical hidden barriers on the mechanical functions of this Matrix. The expected finding is a way to draw a new quantitative Matrix for a business development strategy. The qualitative methodology pursued lies in observation-and-analysis of a range of physioeconomical data and econometric phenomena, while the quantitative aspect of research lies in the computing of the economic effect of certain factors and it is pursued thanks to a double meter: the Value meter (seen like a relationship between Volume of Sales and Operational Economical Value) and the Use of Resources during and in respect of the operational Time and in witch exact stage of the operation. The hypothesized relationships between the two complex variables are tested using data from a few different operations in order to offer a sample of the working process and can be further improved and exported on a larger scale, as a future improvement and actual limitation. Moreover, the possible audience is both academicals, since the development starts from a theoretical observation:“To what extent can the physioeconomical factors be quantitatively measured to prove their influence on the mechanicalresults of the Ayal &Zif’s Matrix?”, but also a business audience since the practical application of the Matrixhas been widely used to setup markets development strategies of concentration or differentiation by the industry and its enhancement can offer more realist results

109-120

Authors: Samuel Okurebia & Etimfon Offiong

Had there been a Manager, Director (a treasurer) in the Garden of Eden, he would have erected a security fence around the tree of knowledge and the history of the world would have been different. Traditional and modern approaches to the study of organizations and management confirm that organizations are established with aims and objectives. Accomplishment of such goals is actualized by management. Management theorists define management in various ways. Management is a problem solving process of effectively achieving objectives through efficient and effective use of scarce organizational resources in a changing environment. Chandan (2004:4).