Tag Archives: Comparative Analysis

Comparative Analysis of Business and Consumer Buying Behaviour and Decisions: Opportunities and Challenges in Nigeria (Published)

Business markets and consumer markets are alike in some key ways. For example, both include people in buying roles whose purchased decision is to satisfy needs. But business markets also differ in many ways from consumer markets. For one thing, the business market is enormous, far larger than the consumer market. Within Nigeria and other sub-Saharan African countries the business market includes more than 13 million organizations that annually, purchased trillions of Naira worth of goods and services. This paper also focused on the traditional tools and techniques employed in the marketing of goods and services to the business sector. Attempt was made to draw attention on the major differences between consumer and business markets – dissimilarities that, while using the same basic marketing tools and techniques, spelled the difference between success and failure in the contemporary business marketing environments.

Keywords: Business, Buying Behaviour, Challenges, Comparative Analysis, Consumer, Nigeria, opportunities

Comparative Analysis of Budgetary Allocation to Education and Life Expectancy in Nigeria, 1980 – 2015 (Published)

The study investigated the Comparative Analysis of Budgetary Allocation to Education and Life Expectancy in Nigerian from 1980-2015. The objective of the study was to comparatively analyze the relative impact of federal government actual budgetary allocation to education alongside UNESCO 26% recommended budgetary allocation to education. In respect to the above, relevant theoretical and empirical literature were reviewed. The researcher formulated the relevant objective research question hypothesis to guide the study. In the course of the study, relevant data relating to the variables needed by the researcher were extracted from various document analysis such as Central Bank of Nigeria (CBN) Statistical Bulletin and National Bureau of Statistics (NBS) Statistical Bulletin. The Classical Linear Regression Model was employed in modelling the relationship between poverty and the budgetary allocation variables. The Ordinary Least Square (OLS) equation technique was used in analyzing the data. The unit root analysis revealed that all the variables were not stationary at levels. But at first difference, all the variables became stationary. The Johansen cointegration analysis revealed that the variables were cointegrated and had a valid error correction mechanism. The analysis of the Error Correction Mechanism (ECM) showed that the impact on poverty was wrongly signed and insignificant. On comparative analysis, the researcher observed that the UNESCO’s 26% recommended budgetary allocation to education criteria had more impact on Life Expectancy. It was therefore, recommended that Budgetary allocation to the educational sector in Nigeria should be implemented based on the UNESCO 26% recommended principle. Greater percentage of the budgetary allocation to education should be spent on capital project in the education sector. This is because such expenditure will impact positively on the educational sector and in turn have a multiplier effect on the general performance of the economy at the long run.

Keywords: Budgetary Allocation, Comparative Analysis, Education, Health, UNESCO 26%, life expectancy

Analysis of the Performance of Commercial and Residential Property Investments in Onitsha Metropolis, Anambra State, Nigeria (Published)

Real estate investment in urban areas in Nigeria like Onitsha are done mostly by private investors; and this group of investors put considerable sums of money into real estate investments annually without investor’s knowledge and understanding of the performance of the sectors to provide basis for better investment decision and risk management for real estate investors in Onitsha and in other comparable location in Nigeria. This article therefore examined the performance of commercial property investments and residential property investment in Onitsha, Anambra State, Nigeria. The comparative analysis of the performance of these two types of property investments within the period of nine (9) years (2007to 2016) was conducted, focusing on the annual returns, risk profile and risk-return profile. Data for the study consist of rental and capital values of commercial and residential property investments in the study area and were sourced from the Estate Surveying and Valuation firms practicing in the study area. Data collection was analyzed using Arithmetic Mean Return (AMRR), Geometric Mean Return (GMRR), Standard Deviation and Coefficient of Variation. The average rental values and capital of both residential and commercial property investment were assessed in order to arrive at the annual returns (Arithmetic mean rate of return and Geometric mean rate of return). The risk inherent (Standard Deviation) and the risk-return profile (Coefficient of Variation) of both residential and commercial property investments were equally ascertained and determined respectively. The results showed that commercial property investment performed better than residential property investment within the period studied with an annual return of 19% as against 17% for residential property investment. On the contrary, residential property investment performed better in terms of risk-return profiles within the period under study with 11.34% of risk and 0.67 risk-returns as against 15.88% of risk and 0.84% risk-return for commercial property investment. The performance indicators as shown by this parameter indicate that property investments in Onitsha are very viable but that commercial property investments perform better in return than residential property investment. The study concluded that a risk avert investor will prefer to invest in residential property properties than commercial properties, whereas, an investor who is a risk taker will choose to invest in commercial properties than residential properties not minding the higher risk involve as shown in this work. Investors in commercial properties are sure of their rents as at when due as tenants in commercial properties will prefer to protect their goodwill than vacating the premises; unlike tenants in residential properties who has no goodwill to protect in such premises and so become troublesome in paying their subsequent rents after the first rent has been collected. This article finally recommended that a periodic portfolio performance analysis be done from time to time to aid property portfolio managers or investors in selecting the investment return and reduction of the association risk.

Keywords: Anambra State, Commercial Property Investment, Comparative Analysis, Onitsha, Performance Evaluation, Residential Property Investment

Productivity of Enterprises Owned By Women Loan- Beneficiaries and Non-Loan Beneficiaries in Imo State, Nigeria (Published)

This study was conducted to investigate the comparative analysis of the productivity of enterprises owned by women loan-beneficiaries and non-loan beneficiaries in Imo State, Nigeria. A representative sample was selected through a multi-stage sampling technique. Data were collected through the use of two sets of structured questionnaire and analyzed using descriptive statistics and total factor productivity. A total of 151 (comprising of 80 loan beneficiaries and 71 non-beneficiaries) respondents were selected for the study. The results showed that the enterprise with the highest total factor productivity is the most productive and that access to credit enables loan beneficiaries in the procurement and purchase of inputs, tools and equipment needed to improve their businesses. Increment in funds invested in the business enterprises of these women entrepreneurs alongside reduced cost of expenses could boost the possible expansion of their enterprises

Keywords: Comparative Analysis, Imo State, Women, total factor productivity

Comparative Analysis of Constraints to Cassava Production by Cassava Farmer Loan Beneficiaries and Loan Non-Beneficiaries in South-South Nigeria (Published)

This study was carried out to analyse and compare the constraints to cassava production among cassava farmer loan beneficiaries (CFLB) and cassava farmer loan non-beneficiaries (CFLNB) in South-south Nigeria. Purposive, multi-stage random sampling techniques were used to select a total of five hundred (500) respondents which comprised of two hundred and fifty (250) CFLB and another 250 CFLNB. Primary data were sourced through three sets of well – structured questionnaires to the two categories of farmers and the third to the banks officials. Both descriptive and inferential statistics were employed in data analysis. The result of data analysis showed that the mean age of CFLB was 43 years with 26% within 36 and 45 years active working population while the mean age of CFLNB was 41 years with about 31% within 36 and 45 years. Majority, about 60% of CFLB and about 74% of CFLNB were males while about 40% of CFLB and about 25% of CFLNB were females. The mean household size for both CFLB and CFLNB was 5 persons. However, the mean number of years spent in schools by CFLB was 12 years, while the CFLNB spent 10 years. The mean farming experience by CFLB was 5 years while the CFLNB was 6 years. The mean annual farm income of CFLB was N188,602.00 whereas the mean annual farm income of CFLNB was N100,000.00. The major constraints limiting cassava production among CFLB and CFLNB were scarcity and high cost of fertilizer (87.97%) and (77.46%), high cost of agrochemicals (87.55%) and (77.05%), unavailability of research results to cassava farmers at the appropriate time (79.25%) and inadequate extension services (77.59%). The least problems were drought (43.98%), soil water pollution (36.93%) and stream/river pollution (35.68%). It was concluded that increasing cassava farmers’ access to loan would enhance their productivity through improved well-being and living standard. Recommendations such as timely disbursement of loans, improved supervision by bank officials, regular visit by the extension staff, adequate training of successful loan applicants, design and implementation of cassava- friendly loan package as well as small-loan mechanisms to favour cassava farmers were made among others.

Keywords: CFLB, CFLNB, Cassava production, Comparative Analysis, Constraints, South-south Nigeria.

The Status of the Human Embryo: An Analysis from the Christian and Islamic Viewpoints (Published)

The issue of when human life begins and the present state of scientific developments has made the status of an embryo a major controversial issue. Developments such as embryonic research, human cloning, genetic engineering, assisted reproduction techniques, pre-implantation diagnosis and genetic screening, among others have brought forth weighty questions on the status of the human embryo. This question of the status of the human embryo has been debated upon by many in the medical field, secular philosophy and by religious scholars. This article describes the nature of the embryo from religious point of view (Christianity and Islam), and further makes an analysis between the view points of these religions. The objective is to ethically examine the status of the embryo from the perspectives of Christians and Muslims. This involves an analysis of the ethical concerns of the two major religions to ascertain their position on such an existing contemporary ethical issue. While most people in the scientific community describe the embryo as none other than a human tissue, religious scholars view it as human or a potential human being which should be treated with the highest respect and dignity. This in a way has created an impasse which is somehow affecting scientific researches as well as religious thoughts. The paper is made relevant due to its quest to comparatively examine the take of religion -which shapes and continue to inform many minds -on modern scientific medical developments

Keywords: Christianity and Islam, Comparative Analysis, Ethics, Human embryo, Status

The Status of the Human Embryo: An Analysis from the Christian and Islamic Viewpoints (Published)

The issue of when human life begins and the present state of scientific developments has made the status of an embryo a major controversial issue. Developments such as embryonic research, human cloning, genetic engineering, assisted reproduction techniques, pre-implantation diagnosis and genetic screening, among others have brought forth weighty questions on the status of the human embryo. This question of the status of the human embryo has been debated upon by many in the medical field, secular philosophy and by religious scholars. This article describes the nature of the embryo from religious point of view (Christianity and Islam), and further makes an analysis between the view points of these religions. The objective is to ethically examine the status of the embryo from the perspectives of Christians and Muslims. This involves an analysis of the ethical concerns of the two major religions to ascertain their position on such an existing contemporary ethical issue. While most people in the scientific community describe the embryo as none other than a human tissue, religious scholars view it as human or a potential human being which should be treated with the highest respect and dignity. This in a way has created an impasse which is somehow affecting scientific researches as well as religious thoughts. The paper is made relevant due to its quest to comparatively examine the take of religion -which shapes and continue to inform many minds -on modern scientific medical developments

Keywords: Christianity and Islam, Comparative Analysis, Ethics, Human embryo, Status

Comparative Analysis of Factors Influencing Career Choices among Senior Secondary School Students in Rivers State, Nigeria. (Published)

The study investigated factors influencing career choices among Senior Secondary School Students in Rivers State, Nigeria. Simple random sampling techniques were adopted to select four hundred (400) Senior Secondary School Student from five Secondary Schools in Rivers State. The “Comprehensive Career Choice Survey” (CCCS) was administered to the respondents to collect necessary data. The t-test statistics was used to test three null hypotheses at 0.05 level of significance. The findings revealed that there were significant differences among male and female secondary school students in their career choices in terms of: Prestige of a profession, gender parity, and parental influence. Based on the findings some recommendations were made: (1) Professional career counsellors should be consulted to assist students in planning and choosing their careers. (2) Professional career counsellors should include the students in the selecting process, considering interest, ability, skills and personality of the students.

Keywords: Career Choices, Comparative Analysis, Nigeria, Rivers State, Senior Secondary School Students

A COMPARATIVE ANALYSIS OF CUSTOMER SATISFACTION RATINGS OF TELCO PRODUCTS AND SERVICES AMONG UDS STUDENTS IN GHANA (Review Completed - Accepted)

This study seeks to assess overall customer satisfaction and loyalty as well as sustainability of products and service quality delivered by Mobile Telecommunication Network and Vodafone to students of University for Development Studies. The problem of this study was whether customers are satisfied with Telco service delivery in Ghana. Specifically, this study sets out to figure out various Telco products and services offered to customers, examine the sustainability of the company’s products and services and to look at the marketing strategies and mechanisms put in place to satisfy and maintain customers. The main research designs used for the study were survey and case study. A Structured questionnaire was used to collect data from hundred (100) individual subscribers selected from the two Telecom groups via cluster and simple random sampling procedures. Descriptive statistics and one way Analysis of Variance were used for the data analysis. The findings indicated that irrespective of mobile telecom network on University for Development Studies Tamale Campus, customer satisfaction was low; neither equal to nor better than desire and expectation of customers. Overall Customer Satisfaction ratings among subscribers of Mobile Telecommunication Network in University for Development Studies significantly differ and that relatively, customers of Mobile Telecommunication Network rated their satisfaction with service quality higher than those of Vodafone. The management of Mobile Telecommunication Network and Vodafone would need to develop strategies to deal with the customer dissatisfaction. The research contributes to the body of knowledge in the area of Customer Satisfaction in the Ghana’s Telco groups and provides important managerial implications.

Keywords: ANOVA, Comparative Analysis, Customer Satisfaction Ratings, UDS Students