Evaluation of the effect of financial performance of Igara Grower Tea Factory
AUTHOR (S)
Atuhire Madinah, Bateyo Asuman and Turyamushanga Labson
This study examined the effect of financial performance of Igara Grower Tea Factory. A conceptual framework was developed relating outsourcing functions and indicators of financial performance (Profitability, Return on investment, Return on equity, Earning per share,). Simple random and purposive sampling techniques were used to select the respondents. Cross sectional and descriptive research designs were used in the study to collect data from the field. Qualitative and quantitative approaches were also used. Pearson’s linear correlation coefficient was used to determine the relationship between outsourcing and financial performance of the factory. The findings from this research showed that outsourcing 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 do outsourcing because then it has the financial capacity to meet outsourcing obligations.Keywords: Evaluation, financial performance, Igara Grower and Tea Factory.
HOW TO CITE
Atuhire Madinah, Bateyo Asuman and Turyamushanga Labson (2023). Evaluation of the effect of financial performance of Igara Grower Tea Factory. IDOSR JOURNAL OF ARTS AND MANAGEMENT 8(2): 31-47. https://doi.org/10.59298/IDOSR/JAM/23/10.1.61
