International Journals of Economic and Business Management
Vol. 12(2), pp. 15-28, March 2024 , 2024.
ISSN: 2384-6151
https://doi.org/10.14662/ijebm2024040
Full Length Research
Strategic Network and Corporate Responsiveness in the Nigerian Aviation Downstream Sector
POAZI, FRANCIS DEINMODEI1 * and Timinpere Ogele COURT2 *
1Department of Management, Faculty of Management Sciences, Niger Delta University, Wilberforce Island, Bayelsa State, Nigeria. 2Department of Business Administration, Faculty of Social and Management Sciences, University of Africa, Toru-Orua, Bayelsa State, Nigeria. E-mail: timi2k2002@gmail.com,Institutional e-mail : timinepere.court@uat.edu.ng,
*Corresponding Author: Email: poazi2004@yahoo.co.uk, Tel: +234 8037685140.
Accepted 22 February 2024
Abstract |
The study looked at the relationship between a strategic network and corporate responsiveness in the downstream aviation industry of Nigeria. The method used was a cross-sectional survey design. All the companies in the aviation industry with functional branches at the international airports of Lagos and Abuja as well as Port-Harcourt are included in the research study population. The study advocated a census population, but it employed a judging technique to determine that the study's actual population was made up of 118 top-level managers and senior executives from the nine (9) downstream corporations permitted by the Federal Aviation Agency of Nigeria. The study applied content validity approach. The Cronbach alpha method was used to assess the internal consistency of the measurement instrument. The study adopted descriptive and inferential statistics to test hypotheses. From the data analysis, the findings show that there is a significant negative relationship between administrative network and corporate responsiveness of firms in the aviation industry; a significant positive relationship between financial networks and quality service delivery of aviation firms; a non-significant relationship between financial networks and corporate responsiveness of firms in the aviation industry Based on the findings, we draw the conclusion that financial network and quality service delivery are significantly and favorably related as a result of the study's findings. Additionally, administrative network impinged on the corporate responsiveness of firms. According to the findings, organizational structure considerably modifies the link between corporate responsiveness and strategic network. So, in order to promote an open flow of information between staff members and top management teams, the study suggests fewer hierarchy levels. Additionally, management of aviation companies should guarantee a smooth exchange of information among those involved in the administrative network.
Keywords: Corporate Responsiveness, Nigerian Aviation Downstream Sector and Strategic Network
Cite This Article As:
POAZI, F.D., COURT, T.O. (2024). Strategic Network and Corporate Responsiveness in the Nigerian Aviation Downstream Sector. Inter. J. Econ. Bus. Manage. Vol. 12(2), pp. 15- 28, March 2024