The purpose of the present study is twofold, to investigate the entrepreneurial intent of the university students and to chalk out with the factors (educational) to be considered for institutional support by the university under study. The Theory of Planned Behavior (TPB) questionnaire was adopted and administered along with a separate sixteen items sheet containng the items pertaining to the institutional suppot mechanisms. Overall, 370 responses were collected from both male & female students. The Data was analysed by applying correlations, linear and hierarchical regression and exploratory factor analysis (EFA). The results of the study reaffirm the theory of planned behaviour in Saudi context with a significant variance of 43.2 percent in explaining students' entrepreneurial intent. However, in the present case it is found that both attitude and perceived behavioral control are the significant predictors of entrepreneurial intent. Moreover, the subjective norm did not significantly predict the entrepreneurial intent. The findings also suggest a four steps generic model of institutional educational support for entrepreneurial nurturement to the local community.
This paper applies the Data Envelopment Analysis (DEA) to compute the managerial efficiency of 30 insurance companies listed on the Saudi stock exchange for the duration of four years from 2015 to 2018. The companies taken as a sample of study included both conventional and Takaful insurance companies. The insurance sector of KSA is one of the largest sectors in the country, contributing a substantial percentage in the non-oil economy. Efficiency measurement and evaluation will provide a venue to introspect and benchmark frontiers to the sector. In the present study, we have utilized the basic Banker Charnes Cooper and Charnes Copper Rhodes models of DEA. Two inputs, namely, general & administrative expenses and policy & acquisition costs, and two outputs (Net premium earned and Investment Income & other incomes) were taken for efficiency calculations. The final outcomes of the study reveal that a good number of insurance companies operating in KSA are found to be efficient on managerial efficiency scale. Three firms remain the leader on the frontier of the managerial efficiency. And no company found with zero (0) efficiency or a negative efficiency. It is expected that the outcome of the study will provide benchmarks to managers and a road map to further improvement.
Learning outcomes Digital skills change management skills problem solving skills. Case overview/synopsis Al-Rumman Pharma is headquartered in Dubai, is an integrated international pharmaceutical company providing a wide range of pharmaceutical solutions to manufacture high quality and affordable generic medicines. It holds credibility amongst healthcare professionals and patients, across the Middle East and North African (MENA) markets. Their quality assurance is fostered by high levels of reliability and order fulfillment, which differentiates them from their competitors. Recently, they have been facing technology fatigue meant as an organization suffering from overwhelming options and choices in technology, this contributes to turbulent and confused states of mind when considering technology adaptation. This case evolves specifically from a procurement perspective, the pressure of high expectation and severe compliance clauses from key suppliers, particularly large corporations with monopolies in supplies who have the tendency to dominate and dictate terms to the small and medium enterprises (SMEs). For example, forcing SME’s to adopt specific technological frameworks to be trade partners. Another conflict is that while the SME’s do value the contribution of the procurement function, the shift from tactical to strategic mindset is not robust enough. Is this a dilemma? Ms Mary buyer at Al-Rumman Pharma, which is SME in operation, is facing challenges from key suppliers because of her tactical buying approach and adoption of multiple technological frameworks from various key suppliers, which are neither integrated nor compatible with each other. Her transition from traditional buying to a more strategic sourcing approach is what the need of the hour is. Prior information technology role was more as support at Al-Rumman Pharma and Chief Executive Officer Dr Mubeen Ahmad Khan did technology adopted decisions in isolation but today the company needs an integrative approach with forward thinking and also kept the legacy intact. Resistance to change was very inevitable once it was integrated. Complexity academic level This case has been particularly focused on undergraduates in the final semester of management courses, as well as masters level students specializing in supply chain and operation management courses. It is also for practitioner procurement and supply chain managers going for various supply chain management related certification courses. Students who have studied procurement management are most suitable to accomplish this case study. Executives pursuing a business program are also recommended to study this case. Supplementary materials Teaching Notes are available for educators only. Subject code CSS 9: Operations and logistics.
Food security is an absolute necessity for human wellbeing. Food insecurity could adversely affect national security and sustainability. As food security is reliant on agriculture, self-sufficient agricultural industry is the basis of the economic strength of any nation. The current food supply in the Kingdom of Saudi Arabia (KSA) from the available domestic sources is far below the required domestic demand. The country meets its food requirements through imports, which is as high as 80%. The present study investigated the problems faced by the agriculture sector in Al Kharj region. The data for the study has been collected through field visits in farms in Al-Kharj. The study has succeeded in identifying the problems faced by the farmers of the region, and has made some suggestions. Though the study is conducted in one region of the country, it has applicability in the entire Gulf region, as the problems faced by them are same and similar in nature. It is expected that the study will act as a trigger for further research.
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