Publications

Research outputs, reports, policy briefs and knowledge products from KIU scholars and partners.

2023 Faculty of Business and Management IDOSR JOURNAL OF ARTS AND MANAGEMENT

Evaluation of the effect of financial performance of Igara Grower Tea Factory

Atuhire Madinah; Bateyo Asuman; Turyamushanga Labson

This study examined the effect of financial performance of Igara Grower Tea Factory. Aconceptual framework was developed relating outsourcing functions and indicators offinancial performance (Profitability, Return on investment, Return on equity, Earning pershare,). Simple random and purposive sampling techniques were used to select therespondents. Cross sectional and descriptive research designs were used in the study tocollect data from the field. Qualitative and quantitative approaches were also used. Pearson'slinear correlation coefficient was used to determine the relationship between outsourcingand financial performance of the factory. The findings from this research showed thatoutsourcing has increased the level of financial performance of IGTF. From the study, the researchers concluded that outsourcing had an effect on financial performances when outsourcing is done; the financial performance of the origination improves. Likewise when the organization’s financial performance improves it enables the organization to donoutsourcing because then it has the financial capacity to meet outsourcing obligations.