Raising Quality and Eliminating Waste In The Developing Of Innovative New Process: A Better Capital Model
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 9
Abstract
This seminar paper examined raising quality and eliminating waste in the developing of innovative new process: A better capital model, the researcher examined the effect of increase in quality on the growth of a new innovative process in an organization. And also the effect of waste elimination on the innovative growth of Nigerian organizations.The population consists of 120 staff of Aqua Rapha Investment Nigeria Limited. The study used the survey approach. The primary sources used were the administration of questionnaire to staff and distributors. The sample size of 100 was determined using Wimmer and Dominick sample size calculator. 100 copies of the questionnaire were returned and accurately filled. The validity of the instrument was tested using content analysis and the result was good. The reliability was tested using the Pearson correlation coefficient (r). It gave a reliability co-efficient of 0.86 which was also good. The hypotheses were analyzed using fstatistics (ANOVA) tool. The findings of the study shows that increase in quality has significant effect on the growth of a new innovative process in an organization. The study equally indicates that waste elimination does not have significant effect on the innovative growth of Nigerian organizations. Based on the study researcher recommends that, it is necessary for companies in the manufacturing industry to intensify their innovation activities so as to create a competitive environment which will further improve their turnover and profitability. The firms are encouraged to spend more on research that relates to the improvement of their products, production process, marketing activities as well as employing high quality members of staff to enhance their productivity.
Authors and Affiliations
Marire Mary Ijeoma Ph. D.
Keywords
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- EP ID EP412439
- DOI 10.9790/487X-2009012129.
- Views 55
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