Oghenenyerhowvo Shulammite OMOGBIYA
Department of Business Administration Delta State University of Science and Technology, Ozoro

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Organisational Structure and Business Growth of Pharmaceutical Industry in Delta State Nigeria Ugo Chuks Okolie; Oghenenyerhowvo Shulammite OMOGBIYA; Aruoriwo-oghene Grace ADDAH
Jurnal Ilmu Manajemen dan Bisnis Vol 14, No 1 (2023): Jurnal Ilmu Manajemen dan Bisnis. Maret 2023
Publisher : Universitas Pendidikan Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17509/jimb.v14i1.56241

Abstract

This study examined influence organisational structure on business growth of pharmaceutical industry in Delta State. A cross-sectional research design and convenience sampling technique were adopted. A questionnaire was employed as the research instrument for this study with 109 respondents deemed usable. The autopoietic systems theory was used to explain how organisational structure might enhance business growth in Nigerian manufacturing firms. Statistical Package for Social Sciences (SPSS) software version 23.0 was used to perform descriptive and inferential statistics, correlation analysis, and simple regression analysis on the collected data.The results of the study revealed that organisational structure has a very strong positive and significant relationship with business growth. The study confirmed what was expected by demonstrating that organisational structure has a positive, significant impact on the expansion of the pharmaceutical sector in Delta State. The study's findings suggest that, in order to improve business growth, management in Nigeria's pharmaceutical industry should create the proper organisational structures to increase worker productivity and working conditions. In order to promote business growth, the study advises management in the Nigerian pharmaceutical industry to use formalised, a lower layer of organisational hierarchy, technology, and loose boundaries.
BIG DATA: AN INDISPENSABLE RESOURCE FOR BUSINESS MANAGEMENT IN NIGERIA Grace Aruoriwo-oghene Addah; Oghenenyerhowvo Shulammite OMOGBIYA
Indonesian Journal of Strategic Management Vol 6, No 1 (2023): Indonesian Journal of Strategic Management
Publisher : Universitas Kuningan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25134/ijsm.v6i1.7607

Abstract

Big Data opens up new business opportunities, and businesses can use it to gain a competitive advantage. New technologies are expected to be used in business management, particularly in data exchange, document recognition, communication and text recognition, receipt and payment transactions, and excel replacement. Big Data has evolved to account for the rapidly increasing quantities of digital information systems generated, the effort required to create information that can be analyzed, and the actual use of that data as capital to increase efficiency and improve business management decision-making. Against this backdrop, this research investigates the importance of Big Data in business management in Nigeria. In order to gather data for this study, relevant information was extracted from books, conference papers, public records, journals, and other sources. This study comes to the conclusion that efficient data use is becoming the foundation of competition; Big Data fundamentally alters how companies compete and function. Businesses in Nigeria that make the necessary investments and successfully extract value from their data will have a clear advantage over their rivals. Almost every aspect of business, from research and development to sales, marketing, and supply-chain management, including new growth opportunities, has the potential to be transformed by Big Data. The study among others recommends strategies to optimize the benefits of Big Data for business value in Nigeria. This study is significant because it investigates a problem in a largely unexplored area of research in Nigeria. As a result, this research adds to the body of knowledge on the role of Big Data in business management in Nigeria.