An investigation on the effectiveness of cost cutting techniques on financial performance of an organisation: a case of Zinara

The current study was carried out to investigate on the efficacy of the cost cutting measures implemented at ZINARA in an attempt to enhance the financial performance of the organisation. The researcher opted for a descriptive research design which was effectively coalesced with a qualitative resear...

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Main Author: Mukwani, Loveness
Language:English
Published: Midlands State University 2018
Subjects:
Online Access:http://hdl.handle.net/11408/3002
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author Mukwani, Loveness
author_facet Mukwani, Loveness
author_sort Mukwani, Loveness
collection DSpace
description The current study was carried out to investigate on the efficacy of the cost cutting measures implemented at ZINARA in an attempt to enhance the financial performance of the organisation. The researcher opted for a descriptive research design which was effectively coalesced with a qualitative research approach. A systematic sampling technique was employed to identify the 45 respondents to questionnaires and 5 interviewees from the management and employees of ZINARA. Results indicated that if carefully crafted and implemented, the measures which were employed by the organisation, particularly optimization of business processes and service outsourcing can go a long way in reducing the escalating expenses and improve their cash flow and financial position. Evidence gathered persuaded the researcher to recommend that management should move away from retrenchment where they risk losing experienced personnel. The research was successfully carried out with an originality value of 10%.
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spelling ir-11408-30022022-06-27T13:49:04Z An investigation on the effectiveness of cost cutting techniques on financial performance of an organisation: a case of Zinara Mukwani, Loveness Financial performance The current study was carried out to investigate on the efficacy of the cost cutting measures implemented at ZINARA in an attempt to enhance the financial performance of the organisation. The researcher opted for a descriptive research design which was effectively coalesced with a qualitative research approach. A systematic sampling technique was employed to identify the 45 respondents to questionnaires and 5 interviewees from the management and employees of ZINARA. Results indicated that if carefully crafted and implemented, the measures which were employed by the organisation, particularly optimization of business processes and service outsourcing can go a long way in reducing the escalating expenses and improve their cash flow and financial position. Evidence gathered persuaded the researcher to recommend that management should move away from retrenchment where they risk losing experienced personnel. The research was successfully carried out with an originality value of 10%. 2018-04-26T14:14:47Z 2018-04-26T14:14:47Z 2017 http://hdl.handle.net/11408/3002 en open Midlands State University
spellingShingle Financial performance
Mukwani, Loveness
An investigation on the effectiveness of cost cutting techniques on financial performance of an organisation: a case of Zinara
title An investigation on the effectiveness of cost cutting techniques on financial performance of an organisation: a case of Zinara
title_full An investigation on the effectiveness of cost cutting techniques on financial performance of an organisation: a case of Zinara
title_fullStr An investigation on the effectiveness of cost cutting techniques on financial performance of an organisation: a case of Zinara
title_full_unstemmed An investigation on the effectiveness of cost cutting techniques on financial performance of an organisation: a case of Zinara
title_short An investigation on the effectiveness of cost cutting techniques on financial performance of an organisation: a case of Zinara
title_sort investigation on the effectiveness of cost cutting techniques on financial performance of an organisation: a case of zinara
topic Financial performance
url http://hdl.handle.net/11408/3002
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AT mukwaniloveness investigationontheeffectivenessofcostcuttingtechniquesonfinancialperformanceofanorganisationacaseofzinara