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An Improvement the Accuracy of Grey Forecasting Model for Cargo Throughput in International Commercial Ports of Kaohsiung
Chia- Nan Wang,
Van- Thanh Phan
Issue:
Volume 3, Issue 1, February 2014
Pages:
1-5
Received:
7 December 2013
Published:
10 January 2014
Abstract: Based on the grey theory, grey prediction models, which are GM (1, 1), have been adopted to predict the cargo throughput and modified GM (1, 1) using Fourier series called “FRMGM (1, 1)” for improving the accuracy of forecast model. A forecasting the cargo throughput in the international commercial port of Kaohsiung from 2013-2015 has also been conducted based on the previous data to serve as a reference for port management in making development plans and construction as well as orienting development in the future. All data source is collected from the Ministry of Transportation and Communication of Taiwan. Through simulation results, this study showed that both of two models are suitable but the FRMGM (1, 1) is the excellent model in forecast with average accuracy of predict is 100%. Hence, the FRMGM (1, 1) model is strongly suggested for forecast the cargo throughput in the port of Kaohsiung.
Abstract: Based on the grey theory, grey prediction models, which are GM (1, 1), have been adopted to predict the cargo throughput and modified GM (1, 1) using Fourier series called “FRMGM (1, 1)” for improving the accuracy of forecast model. A forecasting the cargo throughput in the international commercial port of Kaohsiung from 2013-2015 has also been con...
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A Survey of Performance Improvement through Benchmarking in Commercial Banks in Kenya: The Managers’ Perception and Experience
Daniel Ongeri Kerandi,
Richard Bitange Nyaoga,
Robert Matwere Bosire,
Edinah Nyambega
Issue:
Volume 3, Issue 1, February 2014
Pages:
6-14
Received:
21 November 2013
Published:
30 January 2014
Abstract: This study sought to investigate the performance improvement through benchmarking in commercial banks in Kenya by focusing on the extent to which commercial banks used benchmarking, the relationship between benchmarking and organizational performance, and the challenges facing the adoption and implementation of benchmarking. Simple Random sampling technique was used to select two respondents from each bank. Both descriptive and inferential statistics were applied and Statistics Package for Social Sciences (SPSS) for windows version 20.0 was used for analysis. The analysis indicated that on overall, benchmarking has a positive and significant correlation r =0.551 and p< 0.001with organizational performance. The results indicated that benchmarking was an established performance improvement technique that was proved to be effective in the banking industry in Kenya over time. The researchers recommend that the benchmarking initiatives should incorporate the divergent views of all employees since at the end of it all these employees will need the information to improve the process.
Abstract: This study sought to investigate the performance improvement through benchmarking in commercial banks in Kenya by focusing on the extent to which commercial banks used benchmarking, the relationship between benchmarking and organizational performance, and the challenges facing the adoption and implementation of benchmarking. Simple Random sampling ...
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Tanzania in the Face of International Trade: The Analysis of Revealed Comparative Advantage from 2009 to 2012
Nuran Ally Mwasha,
Zabibu Kweka
Issue:
Volume 3, Issue 1, February 2014
Pages:
15-28
Received:
6 February 2014
Published:
10 March 2014
Abstract: Tanzania is the most promising current and the destination market for the world trade due to its copious resources and strategic location. It is well known in the region as the trade hub as it provides the influential and suitable trade solutions and investments. The aspiration of this paper is to analyse the Revealed Comparative Advantage (RCA) for the topmost export sectors and commodities in Tanzania from 2009 to 2012 by inspecting and evaluating its potency and competence in the world market compared to exports from other countries. Balassa’s index of Comparative advantage (RCA) was utilized to demonstrate the competitive sectors and commodities comparative advantage together with export data from UN com-trade and International Trade Centre (ITC). The outcomes show that Tanzania has significantly strong comparative advantages in sectors of traditional cash crops such as coffee, tea and spices and commodities found in mineral resources as the leading export sector and commodities for the period of four years with RCA greater than one. However, many sectors demonstrated lower RCA compared to individual commodities and the export products have been waning every year, the situation that needs the government to initiate the immediate measures to overcome such problem.
Abstract: Tanzania is the most promising current and the destination market for the world trade due to its copious resources and strategic location. It is well known in the region as the trade hub as it provides the influential and suitable trade solutions and investments. The aspiration of this paper is to analyse the Revealed Comparative Advantage (RCA) fo...
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The Impact of Conflict and Security Budget for Conflict Management on Gross Domestic Product in Nigeria
Issue:
Volume 3, Issue 1, February 2014
Pages:
29-36
Received:
30 December 2013
Published:
20 March 2014
Abstract: This study assessed the impact of conflict and security budget for conflict management on gross domestic product in Nigeria. Secondary source of data gathered from published articles on peace and development, internet reports on conflicts, publications from the Federal Ministry of Finance and National Bureau of Statistics from 2000-2012 was employed. The statistical tools used to analyze the data include regression analysis, correlation analysis and the line graph analysis. From the result of the analysis it was observed that incidence of conflict and gross domestic product has a positive correlation with an association measure of 68%. Also, it was found that incidence of conflict contributed significantly to the behavior of gross domestic product and it was found that increase on incidence of conflict reduces the gross domestic product of Nigeria. The existence of a strong positive correlation was found between security budget for conflict management and gross domestic product with an association measure of 72.7%. It was equally found that security budget for conflict management contributed significantly to the behavior of gross domestic product in Nigeria. The result explained further that as security budget increases gross domestic product increases. This result implies that as more money is been budgeted for conflict management, gross domestic product increases in turn; since there will be less of conflict and greater room for economic development.
Abstract: This study assessed the impact of conflict and security budget for conflict management on gross domestic product in Nigeria. Secondary source of data gathered from published articles on peace and development, internet reports on conflicts, publications from the Federal Ministry of Finance and National Bureau of Statistics from 2000-2012 was employe...
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An Overview of Terry Towel Industry in Bangladesh with Swot Analysis
Mohammad Abu Bakar Siddiquee,
Abul Kashem Mohammad Ayatullah H Asif,
Mahbubur Rahman
Issue:
Volume 3, Issue 1, February 2014
Pages:
37-41
Received:
19 February 2014
Published:
20 March 2014
Abstract: The aim of this study was to increase the knowledge of terry products scope, products demand and supply, buyer or market of products, product range, export volume, trend and reveals other opportunities, strength, threat etc of this sector. Terry towel is one of the rapid growing and exigent sub sector of the textile sector of Bangladesh. Bath robes, hand towel, kitchen towel etc. are the products from terry in one word. Demands of these products are increasing very fast globally and also significantly day by day in the local market. Consumers pay on an average $7 for bath towel and their households in America. In last decades, the importance of this sector has been increased enormously with the incremental global demand. As Bangladesh is one of the major terry products exporting country among the terry manufacturing countries of the world, the market analysis and SWOT analysis of terry products is the demand of time for the terry manufacturer of our country. Bangladesh is the number one choice of the importers for higher quality with low price of terry product specially terry towel.
Abstract: The aim of this study was to increase the knowledge of terry products scope, products demand and supply, buyer or market of products, product range, export volume, trend and reveals other opportunities, strength, threat etc of this sector. Terry towel is one of the rapid growing and exigent sub sector of the textile sector of Bangladesh. Bath robes...
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