The term strategy and structure is said to be a result of decision making by managers through analysing the firm’s performance, market, segmenting the market, selecting the market, positioning themselves and using resources to implement the process. The paper seeks to examine the effects of strategy and structure on organizational performance using exploratory analysis of data of Remou Oil Nig. Ltd with an interview with management staff. The population is 50 and sample size is based on purposive sampling which are 10. It is discovered that strategy and structure are interdependent variables that firms must always consider when introducing new action or plan. It was also found that there is a positive relationship between structure and strategy that determine firm’s performance in terms of net profit. Therefore, if a firm’s structure change, strategies will also changes with changing demand and that structure affects strategy and the two variables determine the performance of a firm if properly matched and monitored. The recommendation is that: Remou Oil Nigeria Limited should use both structure and strategy as a source of increasing organizational performance in terms of profit since positive relationship exists between line structure and product differentiation strategy in Remou Oil Nig. Ltd. They should try to combine these variables together to enhance returns in terms of investment, equity, asset and net profit.
| Published in | American Journal of Environmental and Resource Economics (Volume 4, Issue 4) |
| DOI | 10.11648/j.ajere.20190404.14 |
| Page(s) | 139-143 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2019. Published by Science Publishing Group |
Structure, Strategy, Organization and Performance
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APA Style
Opusunju Michael Isaac, Akyuz Murat, Abdullahi Ibrahim Ahmed. (2019). Effect of Structure and Strategy on Organizational Performance: Case Study of Remou Oil Nig. Ltd. American Journal of Environmental and Resource Economics, 4(4), 139-143. https://doi.org/10.11648/j.ajere.20190404.14
ACS Style
Opusunju Michael Isaac; Akyuz Murat; Abdullahi Ibrahim Ahmed. Effect of Structure and Strategy on Organizational Performance: Case Study of Remou Oil Nig. Ltd. Am. J. Environ. Resour. Econ. 2019, 4(4), 139-143. doi: 10.11648/j.ajere.20190404.14
AMA Style
Opusunju Michael Isaac, Akyuz Murat, Abdullahi Ibrahim Ahmed. Effect of Structure and Strategy on Organizational Performance: Case Study of Remou Oil Nig. Ltd. Am J Environ Resour Econ. 2019;4(4):139-143. doi: 10.11648/j.ajere.20190404.14
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Download@article{10.11648/j.ajere.20190404.14,
author = {Opusunju Michael Isaac and Akyuz Murat and Abdullahi Ibrahim Ahmed},
title = {Effect of Structure and Strategy on Organizational Performance: Case Study of Remou Oil Nig. Ltd},
journal = {American Journal of Environmental and Resource Economics},
volume = {4},
number = {4},
pages = {139-143},
doi = {10.11648/j.ajere.20190404.14},
url = {https://doi.org/10.11648/j.ajere.20190404.14},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajere.20190404.14},
abstract = {The term strategy and structure is said to be a result of decision making by managers through analysing the firm’s performance, market, segmenting the market, selecting the market, positioning themselves and using resources to implement the process. The paper seeks to examine the effects of strategy and structure on organizational performance using exploratory analysis of data of Remou Oil Nig. Ltd with an interview with management staff. The population is 50 and sample size is based on purposive sampling which are 10. It is discovered that strategy and structure are interdependent variables that firms must always consider when introducing new action or plan. It was also found that there is a positive relationship between structure and strategy that determine firm’s performance in terms of net profit. Therefore, if a firm’s structure change, strategies will also changes with changing demand and that structure affects strategy and the two variables determine the performance of a firm if properly matched and monitored. The recommendation is that: Remou Oil Nigeria Limited should use both structure and strategy as a source of increasing organizational performance in terms of profit since positive relationship exists between line structure and product differentiation strategy in Remou Oil Nig. Ltd. They should try to combine these variables together to enhance returns in terms of investment, equity, asset and net profit.},
year = {2019}
}
TY - JOUR T1 - Effect of Structure and Strategy on Organizational Performance: Case Study of Remou Oil Nig. Ltd AU - Opusunju Michael Isaac AU - Akyuz Murat AU - Abdullahi Ibrahim Ahmed Y1 - 2019/10/31 PY - 2019 N1 - https://doi.org/10.11648/j.ajere.20190404.14 DO - 10.11648/j.ajere.20190404.14 T2 - American Journal of Environmental and Resource Economics JF - American Journal of Environmental and Resource Economics JO - American Journal of Environmental and Resource Economics SP - 139 EP - 143 PB - Science Publishing Group SN - 2578-787X UR - https://doi.org/10.11648/j.ajere.20190404.14 AB - The term strategy and structure is said to be a result of decision making by managers through analysing the firm’s performance, market, segmenting the market, selecting the market, positioning themselves and using resources to implement the process. The paper seeks to examine the effects of strategy and structure on organizational performance using exploratory analysis of data of Remou Oil Nig. Ltd with an interview with management staff. The population is 50 and sample size is based on purposive sampling which are 10. It is discovered that strategy and structure are interdependent variables that firms must always consider when introducing new action or plan. It was also found that there is a positive relationship between structure and strategy that determine firm’s performance in terms of net profit. Therefore, if a firm’s structure change, strategies will also changes with changing demand and that structure affects strategy and the two variables determine the performance of a firm if properly matched and monitored. The recommendation is that: Remou Oil Nigeria Limited should use both structure and strategy as a source of increasing organizational performance in terms of profit since positive relationship exists between line structure and product differentiation strategy in Remou Oil Nig. Ltd. They should try to combine these variables together to enhance returns in terms of investment, equity, asset and net profit. VL - 4 IS - 4 ER -
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