Journal of Economics, Management and Trade
https://journaljemt.com/index.php/JEMT
<p style="text-align: justify;"><strong>Journal of Economics, Management and Trade (ISSN: 2456-9216)</strong> publishes manuscripts with valuable insight to research, ideas and strategies of economics, management and trade. By not excluding papers based on novelty, this journal facilitates the research and wishes to publish papers as long as they are technically correct and scientifically motivated. The journal also encourages the submission of useful reports of negative results. This is a quality controlled, OPEN peer-reviewed, open-access INTERNATIONAL journal.</p>Journal of Economics, Management and Tradeen-USJournal of Economics, Management and Trade2456-9216Strategic Assessment of Project Management Approaches and Their Influence on Success in Ghanaian Business Environments: A Comprehensive Review
https://journaljemt.com/index.php/JEMT/article/view/1199
<p><strong>Objective:</strong> The purpose of this study is to investigate on the project management methodologies effect on project success. Project Management Methodologies has been underlined as one of the key diagnosis among businesses with project success.</p> <p><strong>Methods:</strong> A comprehensive review was carried out with the aid of online research journal websites as well as other in-context articles. While conducting this study, the key words in the search query were directed towards project methodologies and project success in Ghana. Areas noted in relation to this study was use of project management methodologies among businesses. Therefore, there was linkage of papers pointing out the effects on project management methodologies on project success.</p> <p><strong>Results:</strong> The findings indicate that corporations have little to no say over project performance metrics and are unable to take on responsibilities outside of their core competencies. Managers' decision-making improves when they have access to reliable data. Having clear project goals in mind is crucial for making informed investment decisions. </p> <p><strong>Conclusion:</strong> This comprehensive review provides an in-depth understanding of project management methodologies on the effect on project success among businesses in Ghana.</p>Okine Joseph
Copyright (c) 2024 Author(s). The licensee is the journal publisher. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2024-03-132024-03-13303607210.9734/jemt/2024/v30i31199Impact of Retention Practices by Skyline Hotel of Gujarat, India
https://journaljemt.com/index.php/JEMT/article/view/1195
<p>This research aims to study the impact of retention practices within Skyline Hotel, Gujarat, and find areas of improvement for more effective outcomes. Data collection was conducted utilizing both structured and open-ended questionnaires. The study comprised a sample size of 40, chosen through probability-based sampling techniques. Analysis unveiled four primary factors influencing individuals' decisions to enter the Skyline Hotel i.e. salary, prospects for career advancement, attainment of senior positions, and complexities inherent in job roles. Critical determinants of employee satisfaction encompassed effective utilization of technology, availability of sufficient resources, provision of a safe and comfortable work environment, and devotion to consistent management policies. Moreover, five parameters crucial to personnel productivity emerged: contentment with colleagues, recognition of job performance, opportunities for future growth, and acknowledgment of employee input. The research findings underscored a spectrum of perspectives among Skyline Hotel personnel in Gujarat concerning factors shaping their decisions. There are some respondents expressed their willingness to leave their current positions in search of enhanced career advancement opportunities and more promising job prospects elsewhere. This research provides valuable insights into the factors affecting employee retention strategies and productivity within the Skyline hotel in Gujarat, shedding light on areas where improvements can be made to foster a more engaged and satisfied workforce. These findings may serve as a foundation for the development of retention strategies that can benefit both hotel employees and the organizations they serve.</p>Shama Parween
Copyright (c) 2024 Parween; This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2024-02-212024-02-213031910.9734/jemt/2024/v30i31195Women Empowerment Gaining Right Trajectory: A Perspective from MSME, Odisha, India
https://journaljemt.com/index.php/JEMT/article/view/1196
<p>In traditional male-dominated society women generally enjoy secondary status in familial and social hierarchy. The widespread condition of gender disparity may be attributed to a lack of gainful employment and fixed wages with a regular source of livelihood. The majority of women are left out of the ambit of the decision-making process due to their inferior social and economic conditions. The status of women can be raised and gender equality can be achieved through MSME which empowers women with upward movement in economic, social and political hierarchy. MSME facilitates women entrepreneurs to utilise their entrepreneurial skills and talent and to play leadership roles to improve the conditions of women folk. The present study focuses on the role of leading women entrepreneurs of Puri district Odisha towards the objective of empowering women. The data gathered through questionnaires, surveys, person to person interaction during field visits/workshops/seminars/presentations form the basis for developing this article. During interaction all points raised, views expressed by respondents, and suggestions gathered were recorded to organize this article. It has been observed MSME sectors have largely contributed to improving women's status through employment, skill upgradation, innovations, and encouraging participative and collaborative decisions. However, simplifying and streamlining activities related to registration, products, production, financing, training, and marketing would enhance further value addition by MSME. The insights earned during the study about ground realities, problem areas, and steps towards a solution will help the researchers, NGOs, SHGs, field agencies, donors, bankers, government institutions, corporate houses, and planners to fine-tune their approach towards women empowerment.</p>Siba Prasad Mishra Durga Prasad Mishra Saswat Mohapatra
Copyright (c) 2024 Author(s). The licensee is the journal publisher. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2024-02-262024-02-26303102910.9734/jemt/2024/v30i31196The Role of Technology in Improving Public Sector Performance in Nigeria
https://journaljemt.com/index.php/JEMT/article/view/1197
<p>Over the years, the public sector in Nigeria has faced various challenges, including bureaucracy, corruption, and inefficiencies in service delivery, which have dampened the efficiency of the public sector, especially in revenue generation. However, the rapid advancement of technology globally, the increasing rise of globalization, and the contagion effect across the globe have led to the adaptation of technology to a great extent in developing economies. Nigeria, as a developing economy, relies on the Western world for most of its technology, which is accompanied by a huge cost of the transfers, and the country is left with the dilemma of whether technology truly promotes public sector efficiency and growth. Against this backdrop, this study seeks to investigate the impact of technology on public sector efficiency in Nigeria. The study employed monthly data ranging from 2010 to 2022 and was extracted from the database of the Central Bank of Nigeria. The independent variables are Information, Communication, and Technology which served as a proxy for Technology, while Foreign Direct Investment, Exchange Rate, and Inflation were also included as the control variables in the model. <strong> </strong>While public sector efficiency which is proxied by public revenue represent the dependent variable. The result of the unit root showed that the variables are stationary at levels and first difference, hence the use of the ARDL model which established a short-run relationship among the variables. The result, in the long run ARDL showed that technology had a positive and significant impact on public sector efficiency. The study, therefore, recommends that the Government needs to intensify efforts in the process of acquisition and implementation of technology in the public sector to improve revenue generation for the Government and, invariably, output. A large portion of government budgetary allocations should be channeled more toward adequate development of IT infrastructures to increase efficiency. Ultimately, the Monetary and Fiscal Authorities should collaborate in churning out policies that will improve economic parameters such as exchange rate, interest rate, Inflation, output, etc.</p>Kayode Johnson AjayiRichard Onyekachi UmeokwobiOnah Anthony Onah
Copyright (c) 2024 Author(s). The licensee is the journal publisher. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2024-02-272024-02-27303304110.9734/jemt/2024/v30i31197Research on Problems and Countermeasures of Online Home Office of Enterprise Employees under the COVID-19 Epidemic
https://journaljemt.com/index.php/JEMT/article/view/1198
<p>Online home office refers to a new type of office model in which the public uses a network system to perform and process work tasks at home in specific circumstances. During the COVID-19, employees’ online home office work provided guidance for enterprises’ resumption of work and production. This mode can provide more time for production work, balance employees’ work and life, and improve work efficiency to a certain extent, but still exposed some problems. On the basis of introducing the concept of online home work for enterprise employees and the literature review, this paper mainly adopts the questionnaire survey and video interview method, and distributes questionnaires to employees of small and medium-sized enterprises in Jiangsu Province of China from November 8, 2022 to March 8, 2023. 304 effective questionnaires and descriptive responses from three interviewees were returned. With processing the data, independent variables, such as difficult to achieve physical management, immature enterprise security technology, reduced communication among employees, reduced enterprise cohesion, and imperfect legal system and dependent variables worked from home online are significantly correlated at the 0.01 level. The paper analyzes the problems existing in online home work for enterprise employees, and proposes management suggestions and countermeasures to solve the problems in online home work practice for enterprise employees.</p>Xiaobing Zhang Zhuofu Zhao Qinkang DongYanyu ZhaoHanfei Ge
Copyright (c) 2024 Author(s). The licensee is the journal publisher. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2024-02-292024-02-29303425910.9734/jemt/2024/v30i31198