Organisational Process Assets Management and Sustainable Growth of Manufacturing Companies in the South-South Geo-Political Zone of Nigeria.
DOI:
https://doi.org/10.47941/jbsm.2672Keywords:
Organisational Process Assets, Defect Management Process, Financial Management Process, Organistional Policy, Sustainable Growth.Abstract
Purpose: This study examined organisational process assets management and sustainable growth of manufacturing companies in the South-South Geopolitical Zone of Nigeria. The study focused on the relationship between defect management process, financial management process, organisational policy, and sustainable growth of manufacturing companies.
Methodology: The study adopted a descriptive survey with a sample size of 395 SME owners. A questionnaire was used as the instrument. The Pearson Product Moment Correlation (PPMC) was used to test the hypotheses.
Findings: The findings revealed that there is a positive significant relationship between defect management processes and sustainable growth of manufacturing companies (r=0.132, p=0.000); there is a positive significant relationship between financial management processes and sustainable growth of manufacturing firms (r=0.110, p=0.000); and there is a positive significant relationship between organisational policy and sustainable growth of manufacturing firms (r=0.110, p=0.000).
Unique Contribution to Theory, Practice, and Policy: It was recommended, among others, that manufacturing firms should incorporate defect management processes, financial management processes, and organisational policy into their strategic management processes.
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