Effects of Integrated Management Policies on Financial Performance of Seventh-Day-Adventist Book Centers: A Case of Adventist Book Centers (Abc), Kenya

Abstract

Effective Integrated management and control systems are critical to the profitability and overall performance of many companies. Many Adventist Institutions have trouble resulting from operating losses and cash flow problems. This could be because of low income, poor integrated management systems, and lack of financial discipline. Having this perspective in mind, the researcher was prompted to investigate the effects of integrated management systems on financial performance of a seventh day Adventist (S.D.A) institutions in Kenya. Some of the key areas the researcher investigated included among others investigating the impact of integrated management policies on the financial performance of ABCs. The researcher used descriptive research design in undertaking this study. Descriptive research design entails the survey and fact finding research. Descriptive research design assesses the characteristics of whole populations of people or institutions. The target population was 216 employees at Home Health Education Services (HHES) while sample size was 30% of the target population totaling to 64 employees. The sampling design adopted was stratified random sampling because population was heterogeneous. The researcher used both questionnaires and secondary data in analyzing mean, standard deviation, frequency tables, percentages, and Pearson correlation and regression analysis. Data was entered into the computer and analyzed by use of statistical package for social science (SPSS) regression and correlation. Data was then presented using tables and figures. The findings from the studies demonstrated that effective integrated management had a strong positive impact on the financial performance and policies of ABCs. This research indicated that ABC proprietors must adopt effective management policies if any positive financial performance of ABCs was to be realized. This, it was suggested would act as a tactic to further their financial performance and in overall performance of their organization.