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Scientific Research Journal

Scirj Volume VI, Issue XII, December 2018 Edition
ISSN: 2201-2796


Publication starts: 25th December 2018
Full Paper available from: 25th December 2018


Comparative Study on Forecasting Crude Palm Oil Price using Time Series Models
Azme Bin Khamis, Raed Hameed, Maria Elena Nor, Norziha Che Him, Rohayu Mohd Salleh & Siti Noor Asyikin Mohd Razali

Abstract: Forecasting crude palm oil price is important, particularly when the investors encounter with the increasing risks and uncertainties in the future. Therefore, the aim of this study is to forecast the price of palm oil in Malaysia for the next years based on price for the period of 31 years. The objective of the research is to propose an appropriate model to forecast the CPO price. Thus, this study proposes three types of models, which are namely: Autoregressive Integrated Moving Average (ARIMA), Autoregressive Conditional Heteroskedasticity (ARCH) and Generalized Autoregressive Conditional Heteroskedasticity (GARCH). Akaike Information Criterion (AIC) and Hannan-Quinn Criterion (H-Q) statistic were used to obtain the best model. It was found that ARIMA (2, 1, 5) performed better compared to ARCH and GARCH models. It is concluded that ARIMA (2, 1, 5) can be used as an alternative model to forecast the CPO price.
Read Full Paper Reference this paper Page 1-6


Appropriate Steps and Ethical Considerations of Assessment Practices in the University of Bamenda: A Survey of Self-Assessment and Students' Perception Inventories
Valentine Banfegha Ngalim & Yoh Edelquin Nabi

Abstract: Teaching and assessment are two sides of the same coin. Assessment is an integral part of the teaching profession and the results of any assessment are a measuring rod to evaluate the teacher output. To ensure the validity of the tests used by teachers, appropriate test construction, administration and scoring procedures should be used. The main question addressed in this study is whether teachers use appropriate construction procedures to enhance the validity of the results obtained from testing. In executing this study, a survey approach was used and the population of the study comprised lecturers and students in some selected faculties of the University of Bamenda. From the population, a sample of 53 teachers and 238 students were selected. Two questionnaires focusing on steps in constructing a valid achievement test, administering it with the use of ethical issues were designed. The reliability of the scores from the instrument was determined using Cronbach alpha and it yielded a value of .702 for students and 0.823 for lecturers. Samples of 30 tests papers were examined. The data collected from questionnaires were analyzed using means and percentages, t-test and factor analysis. The results indicated that teachers exhibited good test developments. They however did not use test blue print, no item analysis and no peer review of items. It was recommended that teacher development seminars be organized regularly to fill the gaps noticed in this study.
Read Full Paper Reference this paper Page 7-20


E-BANKING IN RURAL INDIA - WITH SPECIAL REFERENCE TO ERODE DISTRICT, TAMIL NADU
Dr. Nithya Ramachandran, Dr. Abhijieet Sharad Kelkar

Abstract: In recent times the Indian population has started availing the facilities of the banks. E banking trend is spreading at a faster rate in all the countries. Banks provide internet banking services to its national and international customers. Internet banking is very cost effective and speedy processing method. The background of the study was to find out whether this advancement of banking technology reach rural areas. The study objectives were framed 1. To study the impact of demographic factors on the awareness level of respondents about E- Banking. 2. To find and analyze the factors influencing use of E- banking. 3. To find out the opinion of the respondents regarding the various problems of E banking. The study was conducted collecting information through structured questionnaire from 250 respondents of which 52.8% of the respondents are male and 47.2% of the respondents were female. It was found that 55.2% were holding accounts in public sector banks and 44.8% of the respondents in private sectors banks. Around 31.2% of the respondents revealed that they have not used the E banking facility so far. The main reasons for not using the E banking facility being lack of user friendly bank websites and lack of high speed internet. To increase the number of E banking users in rural areas, the banks must provide adequate training to customers, encourage the customers to use the facility and also provide user friendly website.
Read Full Paper Reference this paper Page 21-30


Local Labor Empowerment Model And It's Implication To Subjective Welfare And Employee Global Capability: A Study On Mining Area, At East Luwu, South Sulawesi, Indonesia
I Dewa Bagus Sugata Wirantaya, Eka Afnan Troena, Abd. Rahman Kadir, Indrianty Sudirman

Abstract: This study aims (i) to understand the historical background of the success of local labor in the mining area in East Luwu; (ii) to understand the perceptions of local labor in the formation of subjective well-being to increase work productivity; and (iii) forming and explaining the model of developing local labor to be able to compete globally. This research is a study that uses exploratif qualitative methods. Samples of several national and multinational heavy equipment maintenance service companies in East Luwu Regency, South Sulawesi, with 8 informants / participants (local labor). This type of qualitative research is a case study by evaluating or analyzing deeply the issue of empowering local labor. The data analysis technique used in this qualitative research is combined between the Cresswell and the Spradley to analyze the domain and taxonomic analysis models of the interviews. The results of this study indicate that the success of local labor in national companies and MNCs is determined by recruitment, training, career development, fairness in the company and local empowerment. Subjective well-being is obtained through increasing the position of local labor, increasing the ratio of local labor use, and the ability of local workers with global standards. The development of local resources is carried out through the application of low socio-economic status domains, the domain of chauvinism, and the domain of the availability of structured training or development so that local labor becomes human resources that can compete at the global level. An effective model of empowering local labor can improve subjective well-being and attitudes of chauvinism and encourage the achievement of global competitiveness and performance improvement.
Read Full Paper Reference this paper Page 31-40


The Effect of Lifestyle and Product Quality on Mobile Phone Purchasing Decisions at Sam Ratulangi University Students in Manado Indonesia
Johana Ratag, Roslina H.S.D. Limpeleh, Anneke M. Kaunang, Jufrina Mandulangi

Abstract: The purpose of this research was to determine the effect of lifestyle and product quality on mobile phone purchasing decisions at Samratulangi University Manado Students. The research of associative research is research to find out the relationship between two variables or more. This research examines the influence and relationship between independent variables, namely lifestyle (X1) and product quality (X2) on the dependent variable, namely the purchasing decision (Y). The population in this research were active college students which numbered 2,369 with the number of samples used by 96 respondents. The results of the study show that lifestyle, and product quality simultaneously influence the purchasing decisions of mobile phones. This influence in terms of the coefficient of determination is around 30%, while the rest is caused by other factors, such as advertising, prices, marketing strategies, customer loyalty, brand image and others. Lifestyle influences purchasing decisions, so that to support lifestyle, mobile purchasing decisions will increase. Product quality has an effect on purchasing decisions, so that by producing a good product it will greatly influence the purchasing decisions of mobile phones.
Read Full Paper Reference this paper Page 41-50


STRATEGIC COMPETITIVENESS AND PERFORMANCE ADVANTAGE OF INDONESIAN MINING COMPANY
Abdul Rauf, Abd. Rahman Kadir, Muhammad Yunus Amar, Maat Pono

Abstract: This study aims (i) to find the main source of sustainable competitive advantage in mining companies in Indonesia; (ii) to find out the capability of the organization which is a source of sustainable competitive advantage in mining companies in Indonesia; and (iii) to analyze the relationship between organizational capabilities to the sustainable competitive advantage of mining companies in Indonesia and their relationship with company performance. This research was designed as a quantitative study using survey methods on mineral and coal mining companies in Indonesia. The study population is managers in coal and mineral mining companies in Indonesia. The type of data in this study consists of primary data and secondary data. Primary data is obtained from the results of the questionnaire response to each respondent. Secondary data are company annual reports, Indonesia Stock Exchange reports and various other publication reports. The main data collection method uses a closed questionnaire. The analysis technique uses Structural Equation Modeling. The results of this study indicate that there is no positive relationship between the company's distinctive advantages and sustainable competitive advantage. Core competencies have no effect on sustainable competitive advantage. Typical organizational capital does not affect sustainable competitive advantage. The company's unique resources have a significant and positive effect on sustainable competitive advantage. Environmental strategic factors have no effect on sustainable competitive advantage. Sustainable competitive advantage has a positive and significant effect on company performance.
Read Full Paper Reference this paper Page 51-58


ENTREPRENEURSHIP IN VISUAL ARTS
Okogwu Antonia

Abstract: Visual Arts Education System is based on practical studio oriented studies that are less lettered but highly academic and pragmatic practices, tailored to suit the direct needs of the society. This is contrary to the idealistic educational conventions pervading Nigeria educational system. Visual Art Educational Scheme of study perhaps holds the key as an alternative to the education system that is self-reliant and self-sustaining as opposed to the numerous heavily lettered educational schemes that have rendered many graduates unemployed in a growing economy with fast growing population. Visual Art Education System specializes in practical studio training in various fields of endeavour: Sculpture, Painting, Ceramics, Textiles, Graphics and of course the theoretical ones as Art Education, Art History and Art Administration .The training of a Studio Artist is such that he is self-reliant and self-employed and as such is very different from the common educational schemes that are geared towards making students heavily dependent on white collar jobs that are few or none at all in Nigerian economy of today, thereby making them handicapped in this present dispensation .There is something to learn in the studio system of education so as to redesign other courses within the tertiary institutions in order to lessen the pressure on unemployment in the Country.
Read Full Paper Reference this paper Page 59-63


EXTRACTION OF SOYA BEAN OIL FOR THE FORMULATION OF OIL AND EMULSION PAINT
J.A Arewa, E.O Alor, and E Akpoguma

Abstract: This research work was on the dried seeds of soya bean which was crushed and sieved into fine powdered. The powder sample was weighed (70g) and collected into a clean cellophane bag to prevent contamination. Oil was extracted from the powdered soya bean seed, the colour of oil was pale yellow and the percentage oil content of the soybean seed was found to be 28.57% per 70 gusing 250ml of 100% n-hexane as solvent. The mixture set was left for two days (48hours) before the extracted oil/solvent were collected. The oil was further separated from the solvent through distillation and heating at a temperature of 60-800C. The distilling solvent was trapped in the thimble, while the oil remained in the round bottle flask of the distillation apparatus. Analysis was carried out on the oil and the result ware recorded. Two different paints were produced using the soya bean oil; Firstly, emulsion paint was formulated with the oil been used directly as the resin (binder). Secondly, the oil was further refined by reacting with glycerol at a temperature of 250-260oC in order to convert the oil to it monoester. The product formed was further polymerized with phthalic anhydride (benzene-1,2-dicarboxylic anhydride) to produce the alkyd resin. Oil (gloss) paint was produced using the alkyd resin produced as a binder. From the analyses carried out on both paints, it showed that the oil paint has a density of 1.21g/cm3,specific gravity 1.21, drying time 22hrs, opacity 5.4m2/L and the emulsion paint also has the following properties, density 1.32g/cm3, specific gravity 1.32, drying time 26hrs, opacity 6.2m2. The oil and emulsion paints conformed to both the NIS and PMAN standards.
Read Full Paper Reference this paper Page 64-70


TRAINING MANAGEMENT OF APPRENTICESHIP PROGRAM: A COMPARISON OF EXPECTATION THEORY, SELF DETERMINATION THEORY, AND SOCIAL IDENTITY THEORY
Muh. Tamrin, Mahlia Muis, Idayanti Nursyamsi, Sumardi

Abstract: Expectation theory, self-determination theory, and social identity theory are prominent theories in training management research. Each theory results in different style of management. The theories also related to corresponding organizational culture to support the training. In this article, we compare the theories to find the best theory to fit with apprenticeship program in private sector context in Indonesia. We compare the management styles and associated organizational culture from four mining companies in South Sulawesi Indonesia, consisting of total 250 trainees. Best management style should be results in best model and significant relationships across components of training (training curriculum, training process, training effectiveness, and job performance) and across organizational cultures. Without looking at organizational culture, the best management training is training management based on the self determination theory. Training management based on the self determination theory is able to give effect to the process and effectiveness of training as well as on employee performance. Results suggest self-determination theory as the basis for management across any types of organizational culture.
Read Full Paper Reference this paper Page 71-81



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March Issue
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Scirj, Volume XI [2023]
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