The effect of total quality management (TQM) on poultry feeds companies financial performance: the case of four selected poultry feeds companies in Tanzania
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Date
2009
Authors
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Journal ISSN
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Publisher
University of Dar es Salaam
Abstract
The main objective of this study was to investigate the effects of total quality management in the poultry industry financial performances to the organizations which deal with poultry feeds manufactures. The aim was to see whether the TQM concept is beneficial to the poultry feeds companies and whether it improves the financial performance of the poultry companies, some four selected poultry companies was taken as the sample because these companies have many features that represents most of the local and international companies and poultry companies operating in Tanzania. The research uses several methods of the research design to obtain the necessary and required qualitative and quantitative data. Both primary and secondary data were collected and analyzed. Proportional’s was developed from the study in line with literature review. The study compared the financial performance of the poultry companies for two different periods that’s before the adoption of TQM concept and after adoption of the concept. The results obtained from the study showed that the total quality management (TQM) concept implementation has a greater influence on the financial performance of the poultry feeds companies. If well implemented can lead to growth of the revenue, profits, grow sales, liquidity and business growth of the company and improve in the quality of the products and services. This study concluded that TQM within the poultry companies has a greater impact on the financial performance if well implemented. The results are expected to encourage poultry feeds companies and other companies that have not embrace TQM concept to do so and expect to achieve good results. They should be however, link the results to the objectives of adopting such a strategy in order to measure the contribution.
Description
Available in print form, East Africana Collection, Dr. Wilbert Chagula Library, Class Mark (THS EAF HD9437.T34L56)
Keywords
Poultry, Feeding and feeds, Poultry industry, Finance
Citation
Linje, L. M (2009) The effect of total quality management (TQM) on poultry feeds companies financial performance: the case of four selected poultry feeds companies in Tanzania, Master dissertation, University of Dar es Salaam