Benue State University, Makurdi

EFFECT OF TECHNOLOGICAL VARIABLES ON ALUMINUM MANUFACTURING COMPANIES IN FCT IDU INDUSTRIAL AREA

¹Adekpe Salome Ngunan, ²Dr. Daniel Joseph Dare & ³Kajo Aondohemba Emmanuel
¹Department of Business Administration,
University of Abuja
+2348164630290; +2348172475299,
salodek@gmail.com
Kaduna State University,
Kaduna.


²Department of Business Administration,
University of Abuja
+2348057027502
mrdanieldare@yahoo.com

³Department of Business Administration,
University of Abuja
+2348061562063; +2348174199465
nuelkajo@yahoo.com

Abstract

The study examines the effect of technological variables on aluminum manufacturing companies in FCT Idu industrial area. The main objective of study investigated and analyzed the effect of technological variables on the operational performance aluminum manufacturing companies in FCT Idu industrial area. The study adopted both descriptive and causal research designs to expose the correlative attributes between technological infrastructures and operational performance in aluminum companies. The population of the study is 154 and the sample size is 111 and the study adopted ordinary least square method of regression using E-view Statistical Software Package, 23.00 Editions to analyze the stated hypotheses. Findings from the study revealed that there is significant contributory impact and correlation between technological variables (Robotic Machines) and innovativeness of aluminum manufacturing companies at Idu industrial area of Abuja. The second findings show that the adopting and implementing technological variables such as (Adoption of Artificial Intelligence) affected positively the competitiveness of aluminum manufacturing companies at Idu industrial area of Abuja. The third findings also show that there is significant contributory impact and correlation between technological variables Internet of Things (IOT)and customer satisfaction of the aluminum companies in Idu industrial area of Abuja. The study concluded that technologies and technological variables are strategic tools and backbone for modern manufacturing companies to excel in the sustainability of operational performances and attainment of strategic objectives. The study recommended that top management and managers of the aluminum manufacturing companies in Abuja, Nigeria should be proactive in adopting strategic thinking in their operational activities in alignment with growing new technological variables from the business context.

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