The Impact of Reducing the Administrative Costs on the Efficiency in the Public Sector

Matei, Ani; Săvulescu, Carmen

doi:10.2139/ssrn.1518484

Cited by 3 publications

(3 citation statements)

References 12 publications

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“…Since these cost cutting does not reduce sales revenue, profits will continue to increase. Frugal innovation requires the use of less expensive resources so that the firm can be able to cut down costs and create product or service that is affordable to low-income earners (Matei & Savulescu, 2009). However, there are several ways in which a frugal firm can reduce costs.…”

Section: Cost Cutting Advancementmentioning

confidence: 99%

Frugal Innovation and Business Success of Food and Beverage Firms in South-South Nigeria

C. C.,

C. I.

2024

Journal of Advanced Research and Multidisciplinary Studies

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This study examined frugal innovation and business success of food and beverage firms in South-South Nigeria. The study employed the correlational research design. The population of this study consisted of all the 82 registered food and beverage firms in South-South Nigeria. The unit of analysis was made up of managers of the selected food and beverage firms in South-South Nigeria. The sample size was determined using the Taro Yamene’s formula. A structured questionnaire was used to elicit data from the respondents. The data collected were analyzed statistically while the Pearson Product Moment Correlation Coefficient (PPMCC) was used to test the formulated hypotheses. The SPSS software program version 24 was used to correlate the data collected on the study variables. The findings revealed that value innovation has a significant relationship with business success (sales growth and profitability growth) of food and beverage firms in South-South Nigeria. This study also reported that cost cutting advancement has significant positive with business success (sales growth and profitability growth) of food and beverage firms in South-South Nigeria. The study equally revealed that technological innovation has a significant relationship with business success (sales growth and profitability growth) of food and beverage firms in South-South Nigeria. Based on these findings, it was concluded that frugal innovation is a significant predictor of business success of food and beverage firms in South-South Nigeria. Based on the findings and conclusion, it was recommended that food and beverage firms in South-South Nigeria should practice frugal innovation as it would enhance business success of food and beverage firms in South-South Nigeria.

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Section: Cost Cutting Advancementmentioning

confidence: 99%

Frugal Innovation and Business Success of Food and Beverage Firms in South-South Nigeria

C. C.,

C. I.

2024

Journal of Advanced Research and Multidisciplinary Studies

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“…Cost cutting is a basic element of frugal innovation (Matei & Savulescu (2009). There are several ways in which a company can reduce its innovation costs.…”

Section: Cost Cutting Advancementmentioning

confidence: 99%

Frugal Innovation Strategies and Supply Chain Performance of Food and Beverage Firms in South-South Nigeria

C. C.,

C. I.

2024

International Journal of Entrepreneurship and Business Innovati

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This study explored frugal innovation strategies and supply chain performance of food and beverage firms in South-South Nigeria. It critically analyzed the dimensions of frugal innovation strategies (value innovation, cost cutting advancement and technological innovation) and relate them to supply chain performance measures (product availability, on-time delivery and supply chain flexibility) of food and beverage firms. The study applied the positivist research philosophy and correlational research design. The population of this study comprised 82 registered food and beverage firms in South-South Nigeria. The sample size consisted of 68 food and beverage firms in South-South Nigeria. The Taro Yamene’s formula was used to determine the sample size for the study. The sampling unit consisted of managers of the selected food and beverage firms in South-South Nigeria. A structured questionnaire was used for data collection in this study. The data collected were analyzed statistically while the Pearson Product Moment Correlation Coefficient (PPMCC) was used to test the formulated hypotheses. The SPSS software program version 24 was used to correlate the data collected on the study variables. The findings revealed that value innovation has a significant relationship with product availability, on-time delivery and supply chain flexibility of food and beverage firms. This study also revealed that cost cutting advancement has significant relationship with product availability, on-time delivery and supply chain flexibility of food and beverage firms. The study equally revealed that technological innovation has a significant relationship with product availability, on-time delivery and supply chain flexibility of food and beverage firms. Based on these findings, it was concluded that frugal innovation strategies such as value innovation, cost cutting advancement and technological innovation are significant predictors of supply chain performance of food and beverage firms in South-South Nigeria. Based on the findings and conclusion, it was recommended that food and beverage firms in South-South Nigeria should adopt frugal innovation strategies as it would improve their supply chain performance.

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“…As exemplified by Matei and Savulescu (2009), reducing the administrative costs may increase the operational efficiency. Thus, the analysis of resources distribution among the three defined classes provides useful information interesting courts of counts and central administration.…”

Section: Level 1 -Entity's General Budgetingmentioning

confidence: 99%

Micro-Level Public Entities’ Efficiency Reporting Using Combined Adaptation of Activity-Based Costing (ABC) and Free Disposable Hull (FDH) Analysis

Benedetti

Lima

2021

Public Organiz Rev

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This paper offers a contribution responding to the challenge of making efficiency reports from public organizations intelligible to society. The proposed methodology is based on a combination of Activity Based Costing System and Free Disposable Hull performance analysis. Per-unit cost of outcomes are derived from annual budget using cost drivers defined in terms of internal resources distribution and public services demand. Efficiency is, then, evaluated based on benchmarked key performance indicators (KPI). A simulated application using limited data available for the Brazilian Civil Aviation Agency (ANAC) illustrates how the strategy could increase data meaningfulness from a citizens' perspective.

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The Impact of Reducing the Administrative Costs on the Efficiency in the Public Sector

Cited by 3 publications

References 12 publications

Frugal Innovation and Business Success of Food and Beverage Firms in South-South Nigeria

Frugal Innovation and Business Success of Food and Beverage Firms in South-South Nigeria

Frugal Innovation Strategies and Supply Chain Performance of Food and Beverage Firms in South-South Nigeria

Micro-Level Public Entities’ Efficiency Reporting Using Combined Adaptation of Activity-Based Costing (ABC) and Free Disposable Hull (FDH) Analysis

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