Abstract
The study evaluated risk management strategy and performance of food and beverage manufacturing firms in Enugu State. The specific objectives of the study were to; examine the relationship between risk identification and the output and evaluate the relationship between risk reporting and reduces expenses of food and beverage manufacturing firms in Enugu State. The study used the descriptive survey design approach. The primary source of data was the administration of questionnaire. A total population of 3123 staff of the organizations under study was used. To determine the adequate sample size of 213, the study used Freund and William's statistic formula at 5percent margin of error. Two hundred and fifty-six (256) returned the questionnaire and accurately filled. Data was presented and analyzed using Likert Scale and the hypotheses using Z-test. The findings indicated that Risk identification had significant positive relationship with the output t (95, n = 256), 4.43 = p.
Keywords
Risk Management Strategy, Food and Beverage Manufacturing Firms, Performance, Enugu State
Full Text
The study evaluated risk management strategy and performance of food and beverage manufacturing firms in Enugu State. The specific objectives of the study were to; examine the relationship between risk identification and the output and evaluate the relationship between risk reporting and reduces expenses of food and beverage manufacturing firms in Enugu State. The study used the descriptive survey design approach. The primary source of data was the administration of questionnaire. A total population of 3123 staff of the organizations under study was used. To determine the adequate sample size of 213, the study used Freund and William's statistic formula at 5percent margin of error. Two hundred and fifty-six (256) returned the questionnaire and accurately filled. Data was presented and analyzed using Likert Scale and the hypotheses using Z-test. The findings indicated that Risk identification had significant positive relationship with the output t (95, n = 256), 4.43 = p.