Journal of Production, Operations Management and Economics(JPOME) ISSN 2799-1008

Movement of the Economy of Bangladesh with its Sector-Wise Contribution and Growth Rate

Mehedi Hasan Manik — Thu, 02 Feb 2023 00:00:00 +0000

Bangladesh is an overpopulated south Asian developing country. Agriculture, industry, and service are the 3 sectors of its economy, and these sectors are divided into 20 sub-sectors. The objective of this study is to show the movement of its economy along with its sector-wise contribution and growth rate. The study is conducted based on secondary data collected from the website of the Bangladesh Bureau of Statistics. On average, yearly, the contribution of the agricultural sector is 12.46%, the industrial sector is 32.80%, and the service sector is 50.63% in its national Gross Domestic Product (GDP), but the contribution of the industrial sector is increasing, while the contribution of agricultural and service sectors is decreasing. On the other hand, on average yearly, the growth rate of the agricultural sector is 3.32%, the industrial sector is 8.80%, and the service sector is 5.89%, while the national GDP growth rate is 6.44%. Among 20 sub-sectors, the manufacturing sub-sector showed the highest contribution, 22.47%, and growth rate, 11.59%, in 2021. The study claims the economy of Bangladesh is moving toward the industrial sector. The economy of Bangladesh has successfully recovered from the COVID-19 negative shock, but the economy is suffering from another negative shock, the Russia-Ukraine war. Further study is required to measure the Russia-Ukraine war's effect on Bangladesh's economy.

Microbusinesses, Microfinance, and Poverty Alleviation in Punjab, Pakistan

Muhammad Ali Nizami, Dr. Sheikh Muhammad Hizam — Sat, 04 Feb 2023 00:00:00 +0000

Studying the impact of microbusinesses on poverty alleviation, this study considers the moderating and mediating roles played by non-governmental organizations (NGOs), governments, and microfinance. Participants in the study, numbering around 384, were chosen to be representative of the populations of Multan, Bahawalpur, and D.G. Khan in the Pakistani state of Punjab. Based on our primary data analysis with SPSS, we conclude that microbusinesses have a positive and significant influence on reducing poverty, microfinance also has a positive and significant influence on reducing poverty, and microbusinesses have a positive and significant influence on microfinance. At first, microbusinesses have a positive and significant effect on reducing poverty, and the significance of this link becomes apparent when we cooperate with the government in a moderating capacity. At the outset of the study, microbusinesses were found to have a positive and substantial effect on reducing poverty; however, when the NGO's moderating role was considered, a negative and significant effect was found. Microbusiness expansion has been linked to a statistically significant reduction in poverty levels.

Impact of Online Food Delivery on Customers Buying Experience

Mr. Ashish Kumar Verma, Dr. Vishnu Prakash Mishra — Mon, 06 Feb 2023 00:00:00 +0000

With the amelioration in technology, easily availability of internet has created a new trajectory for marketing and selling product through mobile based applications. India is rising at a fast pace where people of the country are using new generation of technology and innovations. The spread of internet based e-commerce industries in India has witnessed a high level of growth and opportunity especially food delivery market is expected to expanding at a CAGR of 28.9% during 2022-2027. CAGR of 30.11 Growth of the technology not only technology but technological innovation has made online food ordering services more suitable specially for the people who wanted to get food delivered at their door step. It overcomes the disadvantages of the historic method of food ordering. This new system is a medium to order online food in a hassle free manner. During the COVID-19 restaurant has witnessed growth in online food delivery to facilitated consumer to order meals and enabled food aggregators to keep operating. From a social perspective, online food delivery act the relationship between consumers and their food, as well as influencing public health outcomes and trace systems. Also we can’t ignore contribution of Gig economy’s working in the success of online food delivery industry. These freelancers’ workers do not receive any benefits of the permanent employees. The aspiration of the study is to know the components that are influencing to customers in going online, their perceptions, positioning of various attributes in their mind and overall satisfaction towards online food delivery services. This research paper is going to be descriptive in nature. Also this paper presents the overall background of food delivery applications and procedure of ordering of food through food delivery applications

Digital Accounting Practices and Financial Performance of Listed Deposit Money Banks in Nigeria

Odukwu Victory Chika, Eke Promise, Nwankwo Chidozie, Stanley Mirian Owelechi — Mon, 06 Feb 2023 00:00:00 +0000

The study investigated the relationship between digital accounting practices and financial performance of Nigerian deposit money banks. Both primary and secondary sources were used in the study's examination of the research on Nigerian deposit money banks. The collected data was subjected to regression analysis. Regression analysis was used to predict the value of the dependent variables based on the knowledge about the explanatory factors used to assess the effect on the dependent variables. The eleven (11) deposit money banks registered on the Nigerian Exchange Group (NXG) were the population for this research; however, only nine (9) of such banks were actually sampled and included in the analysis. Among the study's results were positive connections between cloud accounting (CLA) and return on assets; also, blockchain technology had a positive relationship with return on assets. Therefore, the study concluded that the adoption of electronic accounting practices and financial performance of Nigerian deposit money banks. As a result, we propose digital activities in the banking industry and call for more research into digital activities in businesses since doing so may reveal even bigger investment prospects for investors among other things.

Facilitating Entrepreneurship Interest among Bricklaying, Block Laying and Concreting Students in Technical Colleges in Katsina State

Dauda Gana, Cyril Michael Ubale, Badamasi Armaya’u — Sat, 18 Feb 2023 00:00:00 +0000

Entrepreneurship, which often involves learning about how to launch and expand a firm, is frequently considered a topic for students of business disciplines rather than technical students. At light of this, the study identified the elements that encouraged entrepreneurial interest among students studying bricklaying, block laying, and concrete in technical colleges in Katsina State. The 55 participants for the survey research study were 34 BBC students, 10 BBC teachers, and 9 administrators from the three Government Technical Colleges in Katsina State. The complete population was employed for the study due to the manageable size of the population, which is why the purposive sampling approach was used. A structured questionnaire designed by the researchers under the name Facilitating Entrepreneurship Interest Questionnaire (FEIQ) served as the data gathering tool. The instrument was evaluated by three specialists, and Cronbach Alpha yielded a reliability rating of 0.86. The mean and standard deviation were utilized to answer the study questions, and a 0.05 level of significance ANOVA was employed to test the null hypotheses. The results showed that: family background, student participation in entrepreneurship, exposure to entrepreneurship courses, low profit margin, and inability to identify business opportunity, lack of proper guidance in business, and lack of start-up capital are the factors influencing bricklaying/block laying and concrete students' interest in participating in entrepreneurship in Government Technical Colleges of Katsina State. To encourage and foster the spirit of entrepreneurship in the students, it was suggested that the National Education Research and Development Center create entrepreneurship curricula that would be taught as a standalone subject at technical colleges.