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October 12, 2025International Journal of Industrial Engineering

Effects of Strategy Implementation on Firm Profitability: A Case of State Owned Sugar Factories in Western Kenya

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Authors

VOV. O ObonyoJaramogi Oginga Odinga University of Science and TechnologyAMA.W. MukhebiJaramogi Oginga Odinga University of Science and TechnologyFMF MonariJaramogi Oginga Odinga University of Science and Technology

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Overview

Analysis shows strategy implementation significantly affects performance in state owned sugar firms, indicating necessary operational changes.

Key Points

  • Strategy implementation has a significant relationship with profitability, with various strategies showing different correlations.
  • Growth Strategy implementation resulted in a correlation coefficient of -3.187052 and a p-value of 0.051, indicating a notable effect.
  • Cost Minimization Strategy had a correlation coefficient of -1175.274 with a higher p-value of 0.951, suggesting limited impact on firm performance.
  • Market demand emerged as a significant moderator affecting performance with a p-value of 0.0057, highlighting its importance in strategy effectiveness.

Cite This Study

Obonyo et al. (2017) studied this question.

synapsesocial.com/papers/68eb6f7ceea689731b3004dchttps://doi.org/10.65000/kb0kz168
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