ELECTRONIC BUSINESS, VALUE CREATION AND ORGANIZATIONAL EFFICIENCY IN NIGERIA

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dc.contributor.authorAmoda, M. B
dc.contributor.authorIshola N.A
dc.contributor.authorOduntan, O.O
dc.date.accessioned2023-07-24T13:06:17Z
dc.date.available2023-07-24T13:06:17Z
dc.date.issued2021-02
dc.descriptionScholarly article
dc.description.abstractThe study examined the extent to which e-business, value creationand organization efficiency in Nigeria. Four research questions were answered in this study. The study was conducted in South-West, Nigeria, specifically, in Ogun State among private business organizations. A descriptive survey research design was used. A total of six hundred staff and senior managers ofprivate business organizations (Rite Limited) from Ogun Central Senatorial District were selected as study sample size. Stratified sampling technique was used in the process ofselecting the sampled. Researchers Instrument tagged 'E-Business, Value Creation and Organizational Efficiency Questionnaire (EVCOEQ) with .89 as reliability coefficient was used for data collection. Descriptive statistics ofmean and bar-charts were used to answer andpresents research questions 1 and 2. Research 3 and 4 were answered using multiple regression analysis. The findings revealed that elimination of physical warehouse and store, customers expansion base, reduction in overhead cost, effectiveness in tackling logistics and enhance effective relationship with the customers were among the significances of e-business to organization efficiency. Increase in sale outputs for customers, increase in stock value for shareholders, encourage long run investment capital, ensure access to capital markets, ensure job security and opportunities for staff and ensure greater ability for self-investment fund were among the benefits of value creation to organization efficiency in Nigeria. There was significantjoint and relative influence ofthe independent variables (e-business and value creation) on the dependent variable (organization efficiency). About 91% of the variance in organization efficiency was accounted for by the linear combination of the independent variables (e-business and value creation). It was recommended that the management of private firms should invest more on e-business, train staff on the benefits of e-transaction and ensure effective service delivery to customers and prompt remittance ofemployees benefits as at when due
dc.identifier.citationAmoda M.B., Ishola N.A. & Oduntan O.O ELECTRONIC BUSINESS, VALUE CREATION AND ORGANIZATIONAL EFFICIENCY IN NIGERIA A Publication of the : University of Alexandria, Egypt 55 Fleming Alexandria
dc.identifier.issn1447-9540
dc.identifier.urihttps://ir.unilag.edu.ng/handle/123456789/12532
dc.language.isoen
dc.publisherUniversity of Alexandria, Egypt
dc.relation.ispartofseriesVolume 10, No 1
dc.titleELECTRONIC BUSINESS, VALUE CREATION AND ORGANIZATIONAL EFFICIENCY IN NIGERIA
dc.typeArticle
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