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Task Environment and Organisational Responsiveness in Nigerian Banks

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Task Environment and Organisational Responsiveness in Nigerian Banks


Umelue, Ogochukwu Gloria | Akwaeze, Alex Emeka

https://doi.org/10.31142/ijtsrd23833



Umelue, Ogochukwu Gloria | Akwaeze, Alex Emeka "Task Environment and Organisational Responsiveness in Nigerian Banks" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-4, June 2019, pp.456-464, URL: https://www.ijtsrd.com/papers/ijtsrd23833.pdf

The study examined the effect of organizational responsiveness on environmental challenges, with the core objective of ascertaining the responsiveness of the banks to environmental challenges in Nigeria. The survey study adapted a structured questionnaire to generate data that were analyzed using simple percentages and Pearson correlation analytical tools. Results showed that customers, competitors and suppliers are the major task environmental forces that influence the banks, while planning, forecasting, changing of domain and lobbying are measures through which the banks respond to the challenges of the task environment. The study concludes that all the task environment is a threat to the provision of financial services by banks in Nigeria. The study recommends that bank management should devise strategy that will take advantage of the opportunity and counter threats emanating from the environment, as well as set up mechanism for collecting relevant information and managing the dynamic nature of the environment.

Banks, organizational responsiveness, environmental challenges, Organizational performance, Nigeria


IJTSRD23833
Volume-3 | Issue-4, June 2019
456-464
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

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