Summary
The Effect of Resource Allocation on Performance of Auditing Firms in South Sudan.
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Authors
Francis Ayume
Mary Mbithi
Dorothy Kirimi
Abstract
The global business environment has evolved drastically since 1990’s which has brought new realities in the form of new business opportunities for growth. This has made many companies to invest their resources in inventing new strategies to take advantage of the novel opportunities and protect their market position. To implement the formulated strategies in order to achieve the desired outcome has become an uphill task for many service-oriented firms. This study tested the null hypothesis that resource allocation has no significance effect on performance of auditing firms in South Sudan. The study was supported by the resource based view theory. The target population for the study was employees working in audit firms in South Sudan. The study employed descriptive research design with a sample size of 119 respondents that were selected using stratified random sampling technique. Primary data was collected using a selfadministered, semi-structured questionnaire while secondary data was obtained from published sources such as library, Internet and research done by other scholars. The questionnaire was tested for validity and reliability. Questionnaires were administered through drop and pick method for ease of administration and convenience. Analyses were undertaken using descriptive and inferential analysis. The findings show that firms management are aware that timely allocation of resources help teams accomplish tasks on time and that availability of sufficient physical resources is an indication that company’s return on assets is high and that resource allocation is directly proportional to organizational effectiveness.