IOSR-JBM   Volume-9 ~ Issue-1 ~ Mar-Apr-2013

Abstract: Need to excel in Business for companies have been emphasized repeatedly in recent global literature. The companies have moved on from quality focus to excellence focus. Several excellence award Models are in use that include European Quality Award given by EFQM, Malcolm Baldrige award in USA and various others. The focus of these models is to win excellence awards and self assessment. Companies should focus on becoming world class organization. There are several business practices that are used by successful and excellent companies. The importance of leadership style, Organization type and strategies, Core values and Growth strategies is fairly established. The companies have been increasingly using Mergers and Acquisitions for rapid inorganic growth to meet global challenges. The paper reports a part of research carried out in sample of best performing Indian listed companies. Less researched determinants used for achieving of business excellence have been explored. The paper presents results of empirical research in Indian companies as also testing of Leadership style typology developed by S. Hart and Organization types proposed by Miles and Snow. Key Words: Factors of excellence, Business Excellence, Determinants of Excellence, Business performance, Excellence in Indian companies

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Abstract: Liquidity and its management determines to a great extent the growth and profitability of a firm. This is because either inadequate liquidity or excess liquidity may be injurious to the smooth operations of the organization. This seeming controversy has attracted a lot of interest in the subject of liquidity management. The primary aim of this paper is to investigate the relationship between liquidity and profitability. The analysis is based on a sample of 30 manufacturing companies listed on the Nigeria Stock Exchange for the period 2006-2010. The result suggests that current ratio and liquid ratio are positively associated with profitability while cash conversion period is negatively related with profitability of manufacturing companies in Nigeria. The association in all the cases was however, statistically insignificant, indicating low degree of influence of liquidity on the profitability of manufacturing companies. Hence, the overall state of liquidity should be improved by establishing more realistic credit policy which would engender shorter cash conversion period (CCP), hence have a favourable impact on the profitability of the company.

Key Words: Liquidity, Profitability, Management, Manufacturing Sector, Nigeri

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Abstract: This study investigates the effect of service quality measures of rural bank patrons on the rural banks' performance. From the data collected from four hundred and eighty sample representatives from the study area from the rural communities of Oyo State, it was found that the overall service quality assessment indicates that only service quality of commercial banks operating in the rural areas could not meet rural banks' customers demand. The study further indicates that service quality has a significant effect on financial sustainability of the rural banks but do not have significant effect on the bank coverage in the rural banks.

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