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International Journal of Economic, Finance and Business Statistics (IJEFBS)
Published by MULTITECH PUBLISHER
ISSN : -     EISSN : 30259959     DOI : https://doi.org/10.59890/ijefbs.v1i2
Core Subject : Economy, Science,
International Journal of Economic, Finance and Business Statistics (IJEFBS) is an academic and professional peer-reviewed international journal covering the broad area of economics, finance and business issues & operations, as well as, trade policies, rules, trade-related agencies & organizations. The objective of the International Journal of Economic, Finance, and Business Statistics (IJEFBS) is to bring together and share the application of statistics knowledge in economics, finance, and business from different perspectives around the world. The Journal aims to establish and promote effective communication channels between business managers, academic, practitioners and research institutions with trade scholars, government institutions, and domestic/international trade agencies & organizations.
Articles 7 Documents
Search results for , issue "Vol. 1 No. 2 (2023): Desember 2023" : 7 Documents clear
QI Project to Reduce Non-Leftover Medication Wastage in Haramaya University Hiwot Fana Chomprensive Specialized Hospital Pediatrics Ward, Harar, Ethiopia Tadesse, Tilahun; Amin, Abdi; Hagose, Bisrat; Abebe , Eyoel; Teshome, Melaku; Hailu, Samson; Getu, Muluken; Mulugeta, Aduga; Molla, Yohannes; Ahmed, Abdulbasit
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 2 (2023): Desember 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i2.769

Abstract

Non-leftover medication wastage refers to medications dispensed out but not used by patients as they are not in the treatment regimen. This project aims to reduce non-leftover medication wastage in Haramaya University - Hiwot Fana Comprehensive Specialized Hospital (HrU-HFCSH) pediatric ward, Harar, Ethiopia.Baseline assessment showed that, 23 % Of medications dispensed from single dispensary were not administered to the patient as they were not in the treatment regimen. This implies that, 29 % of cost of medications dispensed from a single dispensary were wasted.Before-and-after study was conducted. All data were converted into monitory value and presented as % wastage and % discrepancy. Medications which are dispensed but not used by the patient were considered as wasted if they were not in the treatment regimen.Monitoring of discrepancy in medication supply and administration data.Overall there were 24.65 % reduction in % wastage (financial), 18.65 % reduction in % wastage (product) and 15 % reduction in % discrepancy from the baseline.The findings of this project indicate the importance of monitoring discrepancies in medication supply and administration data in reducing non-leftover medication wastage.
The Key Barrier to Digital Transformation in Pakistan's Construction Sector Waheed, Muhammad; Abbas, Mutahir
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 2 (2023): Desember 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i2.980

Abstract

Digitalization has become a global trend and the Pakistani construction industry is no exception. Digitalization has faced many challenges over the years. The objective of this study is to uncover the obstacles preventing the adoption of digitalization within the Pakistani construction industry. Additionally, it aims to analyze the advantages that digitalization offers in enhancing productivity within this sector. The results show that the main barriers to digitalization are barriers related to the use of technology, the high cost of technology, lack of energy, ease of replacement, and unavailability of digital equipment. Stakeholders' awareness of the benefits of digitalization needs to be increased.
Social Audit of MGNREGA: A Path of Community Participation in Tribal Area of Himachal Pradesh Ram, Bhumi; Sharma, Sapna K.
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 2 (2023): Desember 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i2.1105

Abstract

Social audit is a powerful tool for social change, community engagement, and government accountability. The technique of closely examining and assessing a program with community involvement while comparing government data with real-world experiences is known as social auditing. After the implementation of the social audit, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) implementing agency has become increasingly transparent and accountable in its functioning. The present research paper is an attempt to know the effectiveness of social audit mechanisms in enhancing transparency, ensuring accountability, and promoting community participation in the implementation of MGNREGA in the tribal development block Bharmaur in the Chamba district of Himachal Pradesh. The paper aims to provide a comprehensive analysis of social change, people participation, and transparency through social audit practices on the execution of MGNREGA work.
Effect of Price, Promotion, and Brand Image on Purchasing Decision at PT. Agri Tepa Abadi Ridho, Faisal; Gunawan, Rachmat; Yulianingsih
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 2 (2023): Desember 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i2.1106

Abstract

This study aims to analyze and identify the effect of price, promotion and brand image both simultaneously and partially on purchasing decisions at PT Agri Tepa Abadi. The questionnaire was distributed to 100 respondents who were taken by proportional stratified random sampling with the population divided into 2 groups, namely 19 corporate consumer respondents and 81 end consumer respondents. The questionnaire was tested with a validity test, reliability test, and also classical assumption test. The results of these tests are valid, reliable, and can be used for regression data. The analysis method used in this research is descriptive and verification method with quantitative approach.
Meta Analysis: Impact of Just in Time Implementation on Cost Efficiency and Profit Urohman, Taufiq; Suryana, Alvian Jihad; Pandin, Maria Yovita R.
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 2 (2023): Desember 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i2.1107

Abstract

Excessive inventory results in losses for the industry due to capital being held back, increased storage costs, incurring tax and inventory insurance costs, the risk of falling prices and quality, and giving rise to the potential for damage and theft. Inventory shortages can also cause losses because they can disrupt the production process. This research identified and analyzed 20 journals related to the implementation and impact of just in time implementation. Implementing just in time can reduce inventory costs, increase time efficiency and production costs so that producers can focus more on quality and increase company profits. The implementation of just in time is accompanied by an increase in other higher costs, this can be caused by constraints in the supply chain and the risk of uncertain demand.
Asymmetric Effect of External Debt on Foreign Direct Investment (FDI): Empirical Study from Nigeria Shuaibu, Mukhtar; Abdulhamid, Jabiru
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 2 (2023): Desember 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i2.1134

Abstract

The paper examines the effect of external debt on FDI inflow in Nigeria between 1983 and 2021. Stationarity tests such Augmented Dickey Fuller (ADF), Phillips Perron (PP) as well as Guris (GUR) non-linearity unit root tests were employed to check the properties of the series. Non-linear Autoregressive Distributed Lag (NARDL) model was adapted to explore the relationship between the variables after confirming the mixed order of integration across the three testes. The Bound Test reveals the existence of a long-run relationship between the variables. According to the NARDL results; in the short-run a unit positive change in external debt would lead to decrease in FDI inflow by (1.165) while a unit negative change in external would lead to increase in FDI inflow by (1.360) and both are significance at 5% level of significance  in short-run. The long-run results indicates that, the positive and negative change in external debt exhibit positive effect on net FDI inflow but only negative change is statistically significance at 5% level of significance. It is recommended that government should take steps in redemption of existing external debt and refrain from taking on any unnecessary new debt as these actions will not help the country's short run net FDI inflow and consequently, its overall economic growth.
Unveiling the Value Proposition: Real Estate Appraisers as Strategic Partners in Business Decision-Making Al- Zaidan, Ziyad Ibraheem
International Journal of Economic, Finance and Business Statistics Vol. 1 No. 2 (2023): Desember 2023
Publisher : MultiTech Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59890/ijefbs.v1i2.1369

Abstract

This study explores the role of real estate appraisers in strategic decision-making and value enhancement, focusing on planning aspects often overlooked in existing literature. With Saudi Arabia's rapid real estate market growth and increased competition among valuation companies, there is a need for a deeper understanding of the appraisal process and its strategic implications. The study uses a descriptive approach to examine literature reviews, focusing on the establishment of the Saudi Authority for Accredited Valuers (TAQEEM) in 2017. It highlights the strategic significance of real estate appraisers in navigating the complexities of the valuation process and driving value creation for businesses. The study also highlights the multifaceted roles of appraisers in risk management, financial reporting, investment analysis, portfolio management, and market intelligence. It also explores the implications of technological integration in appraisal practices and offers actionable recommendations for maximizing appraiser contributions to business strategy.

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