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Trend analysis of financial management practices on business performance: a comparative study of church and non-church businesses in Tanzania

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dc.contributor.author Temba, Bernadette
dc.contributor.author Kaleshu, Jones
dc.contributor.author Machimu, Gervas M.
dc.date.accessioned 2023-05-08T09:30:58Z
dc.date.available 2023-05-08T09:30:58Z
dc.date.issued 2021
dc.identifier.citation Temba, B. Kaleshu, J. & Machimu, G. (2021). Trend analysis of financial management practices on business performance: A comparative study of church and non-church businesses in Tanzania, East African Journal of Social and Applied Sciences, 3(2), 131-143. en_US
dc.identifier.issn 2714-2051
dc.identifier.issn 0856-9681
dc.identifier.uri http://repository.mocu.ac.tz/xmlui/handle/123456789/345
dc.description Paper type: Research paper Type of Review: Peer Review en_US
dc.description.abstract Church and Non-Church businesses lack adequate financial management strategies which has been an impediment for survival and growth. This paper aims at making a comparative analysis on the performance of Church and Non-Church business in Tanzania. Specifically, the paper assessed how financial management affects performance and the extent to which Gross profit margin; Return on Assets and Return on Equity affect performance. Mixed research methods were employed using a case study design and 305 respondents were selected whereby 303nresponded correctly. Random sampling approach was applied to identify the participants of this paper. Resource Based View and Institutional theories were applied. The findings indicated that about 50% of the respondents showed there is weakness in internal control of both businesses especially in stock control. Comparing GPM, ROA, and ROE among the two businesses studied, Non-Church business revealed highest profitability hence better performance. This paper recommends the organisations to establish proper financial management and control systems. Church and Non-Church investors should be informed of the performance standard of their business so as to come up with better decisions. en_US
dc.language.iso en en_US
dc.publisher EAJST en_US
dc.relation.ispartofseries Vol.3;No.2
dc.subject Performance en_US
dc.subject Financial management en_US
dc.subject GPM en_US
dc.subject ROA en_US
dc.subject ROE Church business en_US
dc.subject Non-Church business en_US
dc.title Trend analysis of financial management practices on business performance: a comparative study of church and non-church businesses in Tanzania en_US
dc.title.alternative Trend analysis of financial management practices on business performance: a comparative study of church and non-church businesses in Tanzania en_US
dc.type Article en_US


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