Exploring the Effect of Organizational Environments on Organizational Performance During Covid-19 Pandemic
This study examined the effect of business environmental factors on organizational performance in the COVID-19 era. The research employed a quantitative cross-sectional analytic design rooted in positivism philosophy to gain a comprehensive understanding of the research problem. The target population for this research consisted of employees from manufacturing organizations registered with the Apex Manufacturing Association of Nigeria (MAN). The sample size was 300 employees from selected manufacturing companies in Ogun State. The study employed questionnaires. The questionnaire was a five (5) point Likert scale of strongly agree to strongly disagree. The data underwent content and construct validation to ensure its suitability for the study's purpose. The reliability of the measurement instrument was assessed using the Cronbach Alpha reliability test. Smart PLS Structural Equation Modelling (SEM) was employed to test the hypotheses. The results demonstrate that market performance has a significant relationship with the internal business environment, and that task business environment significantly influenced financial performance. Based on the result, the study recommended that Nigeria's manufacturing and service companies leverage the internal environment for market performance and that the task business environment is one of the prospects for the improved financial performance of the manufacturing firms.
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