Vol 12 Issue 2 October 2024-March 2025

Abstract: Corporate social responsibility has been a subject matter that has attracted a lot of attention in the academic and corporate world. This is so because of its relevance at ensuring that corporate bodies give back a fair share to the society they operate and gain from. It is viewed as a means by which organizations can build their reputation in the society. It is also the process of incorporating social and environmental policies into a business's operations and financial goals. It is predicated on the idea that businesses may mitigate the adverse impacts they have on the environment and society. To ensure that corporate social responsibility of firms is effective there is a need for a robust and effective stakeholder communication strategy. As it ensures that corporate bodies create and sustain a transparent and open conversations with a range of stakeholders to support moral and socially conscious solutions for a variety of problems. This study is an attempt to assess the relationship between stakeholder communication and corporate social responsibility. The study is anchored on stakeholder theory and social identity theory. The study adopted a systematic literature review methodology. From the review of various literatures, the outcome indicated that stakeholder communication has a strong relationship with corporate social responsibility. It is also recommended that corporate bodies ensure that communication is well managed with stakeholders by establishing and sustaining a clear communication channel which will help to ensure that corporate social responsibility initiatives are both effective and beneficial to the stakeholders and also the firms’ reputation.

Keywords: Stakeholder Communication; Cooperate Social Responsibility; Social identity theory and stakeholder theory.

Title: RELATIONSHIP BETWEEN STAKEHOLDER COMMUNICATION AND CORPORATE SOCIAL RESPONSIBILITY; A REVIEW OF LITERATURES

Author: Jabez John Dakum, Getrude Adede Asango, Steven Muhozi

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 2, October 2024 - March 2025

Page No: 109-115

Research Publish Journals

Website: www.researchpublish.com

Published Date: 18-December-2024

Abstract: As the complexity of projects grows, the traditional methods of project management often struggle to keep pace with new demands for speed, precision and cost effectiveness. Today’s projects require a level of insight that only data analytics can provide. These tools and project management platforms with built in analytics capabilities have further accelerated this shift, enabling project teams to visualize data in real-time, identify trends, and adjust strategies proactively.

This paper aims to explore the pivotal role of data analytics in enhancing project management outcomes. Specifically, it will examine the different types of data analytics and their diverse application. Additionally, the paper will discuss the benefits of adopting data analytics while also addressing the common challenges in implementation. The paper will conclude in presenting case studies and examples in which data analytics were used positively, and finally touch upon the future trends we expect in the application of big data in the realm of project management.

Keywords: project management, projects grows, traditional methods.

Title: The Role of Data Analytics in Project Management

Author: Leena Alawami

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 2, October 2024 - March 2025

Page No: 99-108

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Website: www.researchpublish.com

Published Date: 16-December-2024

Abstract: Every economy sector places a premium on financial reporting quality, which draws heavily from other functions within an organization. Nairobi County's financial reporting, however, has reportedly been of low quality due to bad financial choices, ineffective operations, stakeholder mistrust, and lost opportunities. Therefore, this study ascertained how budgeting techniques affects quality of financial reporting of Nairobi City County Government in Kenya. It evaluated influences of incremental, activity based and zero-based budgeting on quality of financial reporting. Theory of budgeting, resource-based view and complexity theories served as theoretical reviews. The study's framework was a descriptive study design.  Responses were drawn from one hundred and twenty-two (122) directors, internal auditors, finance officers and accountants of finance and economic planning department of Nairobi City County Government in Kenya. Stratified sampling approach was employed in selecting ninety-three (93) responders who made up sample size with Yamane sample size formula. This study employed a quantitative approach, utilizing structured questionnaires to gather primary data. To ensure the robustness of the findings, the research instruments underwent a rigorous assessment of reliability and validity. Findings unveiled that incremental budgeting insignificantly and positively affect the quality of financial reporting; activity-based budgeting provided a significant and positive effect on the quality of financial reporting while zero-based budgeting unveiled an insignificant positive effect on the quality of financial reporting in Nairobi City County. The study concludes organizations should prioritize the implementation of activity-based budgeting practices to enhance their financial reporting quality effectively. The survey recommends that Nairobi City County should actively promote the adoption of activity-based budgeting practices throughout the organization.

Keywords: Incremental Budgeting, Activity-Based Budgeting, Zero-Based Budgeting and Quality of Financial Reporting.

Title: BUDGETING TECHNIQUES AND QUALITY OF FINANCIAL REPORTING IN NAIROBI CITY COUNTY, KENYA

Author: Brian Tirimba Obonyo, Caroline Kimutai

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 2, October 2024 - March 2025

Page No: 87-98

Research Publish Journals

Website: www.researchpublish.com

Published Date: 16-December-2024

Abstract: Scope creep, which can be defined as unexpected changes and uncontrolled growth in project scope, is a major challenge in project management. This technical article explores the major causes of scope creep, such as unclear project objectives, evolving stakeholders needs, and inadequate project planning. It examines the impact of scope creep on project schedule, budgets, and overall success. It provides actionable insights for mitigating scope creep through a review of best practices and strategies, including precise requirement documentation, stakeholder engagement, and robust change control processes. By implementing these methodologies, project team can enhance project control, ensure timely delivery, and achieve desired project outcomes.

Keywords: Scope creep, project scope, project management.

Title: Managing Scope Creep in Project Management

Author: Mohammad Alotibe

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 2, October 2024 - March 2025

Page No: 82-86

Research Publish Journals

Website: www.researchpublish.com

Published Date: 05-December-2024

Abstract: This study aims to: (1) Analyze the spatial integration of shallot commodity prices in West Nusa Tenggara; (2) Analyze the transmission of shallot prices that occur between regions in West Nusa Tenggara. The data used in this study are weekly shallot price data in time series from January 1, 2020 to August 31, 2024 from the National Strategic Food Price Information Center website at 4 main shallot markets in West Nusa Tenggara, namely: Amahami Bima Market, Seketeng Sumbawa Market, Aikmel Market, East Lombok and Mandalika Market, Mataram City. Data analysis using root test (stationary data), optimal lag test, correlation test, Error Correction Model (ECM), Variance Decomposition (VC) and Impulse Response Function (IRF).

The results of the study show that: (1) The price of shallots in Amahami against the Aikmel, Mandalika and Seketeng markets is strongly integrated in the long term and weakly integrated in the short term; (2) Price transmission that occurs in the markets in West Nusa Tenggara including Amahami, Aikmel, Mandalika and Seketeng markets can be transmitted well where, Amahami Market is a market reference because its production center is in Amahami Market, so it can quickly adjust to the Mandalika market and other markets also adjust indirectly market information can be received by the four markets.

Suggestions from this study are (1) Provision of accurate price information and dissemination of price information need to be improved again so that every shallot marketing institution and consumer can find out about price changes that occur quickly and accurately; (2) The importance of cooperation between markets to control prices in order to minimize the symptoms of excessive price fluctuations that apply in the market. And there needs to be an in-depth study for further research related to the Shallot commodity in West Nusa Tenggara.

Keywords: Shallots, Market Integration, Price Transmission. ECM.

Title: SPATIAL INTEGRATION ANALYSIS OF RED ONION COMMODITIES IN WEST NUSA TENGGARA

Author: Ghina kholishah, Anas Zaini, F.X. Edy Fernandez

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 2, October 2024 - March 2025

Page No: 71-81

Research Publish Journals

Website: www.researchpublish.com

Published Date: 20-November-2024

Abstract: Microfinance enhances the financial capacity of the economically disadvantaged, often ignored by commercial banks and other lending institutions, by offering services such as credits, insurances, and savings, thereby encouraging self-employment. Due to various variables businesses encounter, guidelines, decrees, and rules are necessary to regulate their operations, ensuring a fair structure for all companies within a sector. This regulatory framework is essential for the financial industry, especially microfinance banks, to operate within set boundaries. This study examines the impact of prudential regulations on the financial performance of Kenyan microfinance banks. It specifically focuses on the effects of capital regulation on financial performance. Theoretical framework reviewed was stakeholder theory. The study's target population consisted of the fourteen (14) licensed microfinance banks in Kenya, employing a census of all these microfinance banks and an explanatory research design. The study utilized secondary data, which was sourced from the financial statements of selected microfinance banks in Kenya. This information encompassed data collected over a seven-year period, from 2015 to 2022. Findings revealed that capital regulation significantly (ρ = 0.013) and negatively (β = -3.3184) impacts financial performance. The study recommends that microfinance banks recognize the importance of capital management and ensure regulatory compliance.

Keywords: Capital Regulation, Microfinance Bank, Financial Performance.

Title: PRUDENTIAL REGULATIONS AND FINANCIAL PERFORMANCE OF LICENCED MICROFINANCE BANKS IN KENYA

Author: Wanjala Lucy Machuma, Dr. Charity Njoka

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 2, October 2024 - March 2025

Page No: 65-70

Research Publish Journals

Website: www.researchpublish.com

Published Date: 16-November-2024

Abstract: Kenya's objectives for economic growth and innovation highlight the importance of competent strategic management, particularly in agriculture. Despite this, there is insufficient scientific information on how these tactics affect performance. To overcome this gap, this paper explores Kakuzi PLC's strategic planning procedures. This study explores Kakuzi PLC's strategic planning processes to assess their influence on agricultural organizational performance. The main purpose of this study was to analyse the effect of strategic management practices on the organizational performance of agricultural firms, a case study of Kakuzi PLC in Kenya. Specific Objectives were; to evaluate the effect of environmental analysis on organizational performance of agricultural firms, and to assess the effect of strategy formulation on organizational performance of agricultural firms. This study used a descriptive research design. The research focused on the all 3,526 employees at Kakuzi PLC, Kenya. Fisher's formula was used to calculate the sample size. Primary data was collected through the use of questionnaires employing a semi-structured format. The data analysis involved cleaning, coding, and organizing questionnaire data using SPSS version 28.0, with mean, standard deviation, and frequency tables, and multiple regressions employed to examine relationships between independent and dependent variables. The study concluded that Kakuzi PLC maintained its competitive advantage by continuously monitoring technology, market trends, and regulatory changes, ensuring it reacted to the external environment. Performance was routinely evaluated using industry benchmarks and staff input to ensure that it met market needs. Kakuzi PLC also established clear, realistic targets that were linked with strategic objectives, made effective use of resources, and did a thorough risk assessment. Despite some issues with work distribution, the personnel were typically well-prepared, and management actively monitored plan execution. The study made the following recommendations: agricultural enterprises should prioritise environmental scanning to react to market trends, technology, and regulatory changes. This proactive strategy will improve their capacity to remain competitive and adapt to external changes. Furthermore, firms should set clear, quantifiable goals that are consistent with business objectives. Risk assessments and resource evaluations should be part of the strategy design. Improved communication and clear role definitions will lead to better task performance. Regular strategy reviews, data-driven decision-making, and employee feedback systems are recommended to guarantee goal alignment and response to any necessary changes.

Keywords: Organizational Performance, Environmental analysis, Strategy formulation.

Title: STRATEGIC MANAGEMENT PRACTICES AND ORGANIZATIONAL PERFORMANCE IN THE AGRICULTURAL INDUSTRY: A CASE STUDY OF KAKUZI PLC

Author: Yvonne Makena Gitonga, Dr. Paul Machoka

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 2, October 2024 - March 2025

Page No: 50-64

Research Publish Journals

Website: www.researchpublish.com

Published Date: 11-November-2024

Abstract: This study explores the impact of social media on practice by pet owners regarding their pets in this study, including improved skills and social support, as well as the management of misinformation. As platforms such as Facebook, Instagram, TikTok, and YouTube have become increasingly popular over the years, pet owners have easier access to a multitude of information regarding training, health care, and nutrition. A mixed-method approach combining online surveys with in-depth interviews of 100 pet owners found that social media plays a substantial role in affecting the pet care behaviors of these consumers. Strikingly, info shared through social media led to some positive changes in pet care routines ranging from administering training and carrying out health check-ups to grooming. As high as 72% of the surveyed individuals said their good practices improved with info obtained from platforms like Facebook. Furthermore, 75 percent of respondents said that online communities provided emotional support along with advice and shared experiences that helped them feel more confident about caring for their pets. On the other hand, it also reflects the risks of misinformation spread where 34% reported receiving information from harmful quotes regarding chemical use and 45% were told of medications they had not been prescribed. It also stresses the importance of having trustworthy places to obtain information, as well as media literacy skills, to perform responsible pet care.

Keywords: Social media, Pet care, Training techniques, Social support, Misinformation, Health care, Online communities, Media literacy.

Title: The Impact of Social Media on Pet Care Practices

Author: Kanphitcha Inyu

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 2, October 2024 - March 2025

Page No: 46-49

Research Publish Journals

Website: www.researchpublish.com

Published Date: 11-November-2024

Abstract: The research project assessed the influence of strategic management practices on organizational culture change at the Bank of Kigali. It examined the influence of strategic planning on organizational culture change; It invested the influence of corporate governance on organizational culture change and assessed the influence of performance management on organizational culture change. Grounded by three theories including the transformational leadership theory, the organizational culture theory and strategic change theory, the study employed a descriptive survey and correlational designs. A sample size of 167 employees was selected from a population of 287 using Yamane’s formula. Both simple random and purposive sampling techniques have been used. Data was collected through structured questionnaires and interviews, with reliability and validity confirmed through pilot testing and expert reviews. Quantitative data was analyzed using correlation and regression, while qualitative insights were processed through thematic analysis. The findings from the research revealed a significant positive relationship between strategic management practices, corporate governance, and performance management in fostering organizational culture change. As indicated in Table 4.6, 71.08% of respondents agreed, and 24.10% strongly agreed that the Bank’s vision and mission were well communicated, reflected in a high mean of 4.17 (SD = 0.59). Goal setting, aligned with cultural change, was supported by 70.48% who agreed and 23.49% who strongly agreed, with a mean of 4.14 (SD = 0.61). Resource allocation was efficiently managed, yielding a mean of 4.18 (SD = 0.54). Furthermore, Table 4.7 demonstrated that leadership’s role in supporting cultural change was affirmed by 66.27% of respondents, with a mean of 4.22 (SD = 0.62), while decision-making transparency was positively highlighted by 69.28% (mean = 4.21, SD = 0.58). Corporate social responsibility (CSR) also contributed to cultural shifts, supported by 68.67% (mean = 4.25, SD = 0.56). Performance management reinforced cultural change, with 71.08% agreeing that performance appraisals influenced desired behaviors (mean = 4.11, SD = 0.62), and training programs enhanced accountability (mean = 4.19, SD = 0.50). The findings from the interviews at the Bank of Kigali showed that strategic management practices, including leadership style, goal setting, technology use, and performance appraisals, played a critical role in shaping the bank's organizational culture. The bank's efforts to align its strategic goals with cultural values resulted in greater transparency, innovation, and collaboration, highlighting the effectiveness of a holistic approach to driving cultural change in a dynamic environment. The study's regression analysis, with an R of 0.962 and R² of 0.925, underscored that strategic planning, corporate governance, and performance management together explained 92.5% of the cultural changes at the Bank of Kigali. These findings, aligned with Adebayo (2020) and Chikoko (2021), emphasize the critical role of strategic management in driving organizational transformation in African contexts. The interviews at the Bank of Kigali revealed that strategic management practices, such as leadership style, goal setting, technological integration, and performance appraisals, had significantly influenced the bank’s organizational culture. These efforts successfully aligned strategic goals with cultural values, fostering a transparent, innovative, and collaborative environment, demonstrating the impact of a holistic approach in driving cultural change within a dynamic setting.

Keywords: Strategic Management Practices; Organisational Culture; strategic Planning; Corporate Governance; Performance Management; Accountability; Employee Engagement; Innovativeness.

Title: Strategic Management Practices and Organizational Culture Change at Bank of Kigali, Rwanda

Author: Theophile Niyonzima, Dr. Joyce Kirabo

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 2, October 2024 - March 2025

Page No: 36-45

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Website: www.researchpublish.com

Published Date: 04-November-2024

Abstract: This study aims to determine effective management strategies for the Bale Mangrove tourism area in Jerowaru, East Lombok Regency. The research employed a descriptive method, focusing on the management agency of Bale Mangrove Tourism. Data were collected through questionnaires, observations, and interviews, and analyzed using a SWOT approach. The findings indicate that the optimal management strategy involves enhancing tourism attractions by preserving the natural environment, developing educational conservation packages, and strengthening cooperation with NGOs and local tourism agencies. These strategies aim to promote sustainable tourism that benefits both the environment and the local community.

Keywords: Tourism Management Strategy, Bale Mangrove, East Lombok, SWOT Analysis.

Title: The Management Strategy of Bale Mangrove Tourism Area in Jerowaru District East Lombok Regency

Author: Lalu Mustiadi, Andi Chairil Ichsan, Irwan Mahakam Lesmono Aji

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 2, October 2024 - March 2025

Page No: 27-35

Research Publish Journals

Website: www.researchpublish.com

Published Date: 30-October-2024

Abstract: West Lombok Regency is one of the regencies in West Nusa Tenggara that has the highest agricultural sector, one of which is the Horticulture sub-sector. The Horticulture sub-sector has sub-sectors including Vegetables, fruits and medicines with various types of commodities, but the Horticulture sub-sector commodities have not been optimized properly. The purpose of this study is to (1) Identify superior commodities in the Horticulture sub-sector and (2) Analyze the development strategy for superior commodities in the Horticulture sub-sector in West Lombok Regency. The method used in this study is the Descriptive method. The unit of analysis is the experts/stakeholders of West Lombok Regency with a total of 20 respondents. The data analysis used is the LQ (Location Quotient) and AHP (Analytical Hierarchy Process) methods in determining superior commodities and SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis in determining commodity development. The results of the study show (1) The leading commodities of the Horticulture sub-sector in West Lombok Regency are water spinach, jackfruit, cayenne pepper, water apple, long beans, rambutan, ginger, cardamom and Laos. (2) The strategy for developing water spinach commodities in West Lombok Regency is to expand the market with the support of partners and institutions as well as the use of technology and optimization of the use of infrastructure in order to increase quality production and be able to compete in the market and be able to meet consumer needs and demands.

Keywords: Leading Commodities, Horticulture, LQ, AHP, SWOT.

Title: Strategy for Developing Superior Commodities in the Horticulture Sub-Sector in West Lombok Regency

Author: Dinar Yunisatriana Putri, Anas Zaini, FX Edy Fernandez, I Wayan Suadyana, I.G.L Parta Tanaya

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 2, October 2024 - March 2025

Page No: 15-26

Research Publish Journals

Website: www.researchpublish.com

Published Date: 23-October-2024