THE INFLUENCE OF SOCIOECONOMIC FACTORS ON ORGANIZATIONAL PRODUCTIVITY IN IBADAN, OYO STATE. A CASE STUDY OF A BOTTLING COMPANY.
Abstract
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Abstract
This study investigates the influence of socioeconomic factors on organizational
productivity, using a bottling company in Ibadan, Oyo State as a case study. The
research aims to understand how socioeconomic factors such as education level,
income, infrastructure, and access to healthcare affect organizational productivity. A
structured questionnaire was administered to a sample of 112 respondents, selected
through stratified random sampling. Data collected were analyzed using the Statistical
Package for the Social Sciences (SPSS). The findings revealed that key
socioeconomic factors such as transportation, healthcare, income all impact
organizational productivity. Organizational productivity indicators are punctuality,
dedication, task efficiency, concentration,and motivation. Improvement in education
and income will inevitably improve employees productivity. The study concludes that
socioeconomic factors influence organizational productivity at the bottling company,
access to improved and better socioeconomic factors leads to higher productivity. for
organizations to maintain and enhance productivity, they must remain responsive to
the socioeconomic conditions within their operating environment, which will help to
improve and sustain organizational growth and productivity.
Keywords: Socioeconomic factors, organizational productivity, improve, influence,
impact.
Word Count: 164
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