Submit your papersSubmit Now
For Enquiries: [email protected]
IIARD LogoIIARD

Information and Communication Technology and Decision Making In the Selected Banks in Cross River State, Nigeria

Eteng, Joy Umuolo, Inyang, B. J, Ene-Ita, Ene Okpo Bassey & Victoria Ebong

Abstract

The study empirically examined Information and communication technology and decision making in the selected banks in Cross River State, Nigeria. The specific objectives of the study are: to determine the extent to which quality of ATM influence decision making performance in the selected banks in Cross River State, to ascertain the extent to which speed of POS influence decision making timeliness in the selected banks in Cross River State, to determine the relationship between accuracy of online banking and decision making creativity in the selected banks in Cross River State, and to determine the influence of human resource capability on the relationship between ICT and decision making effectiveness in the selected banks in Cross River State. This study adopted the survey research design. The study adopted random sampling technique so as to select the respondents/ sample from the total population of 200 staff of the three banks. Data for this research was collected from two sources, primary and secondary source. The Pearson product moment correlation statistical technique was used in confirming stated hypotheses. Based on the analysis, the major findings of this study include: there was a significant influence between quality of ATM and performance of selected banks in Cross River State, there was a significant influence between speed of POS and effectiveness in selected banks in Cross River State, there was a significant influence between accuracy of online banking and decision making creativity in selected banks in Cross River State. Human resource capability significantly moderates the influence of ICT on decision making effectiveness in selected banks in Cross River State. The study recommended that the management of selected money deposit banks in Cross River state should increase quality of information given to the public in order to increase knowledge and reduce uncertainty in the act of decision making

Keywords

ATMPOSonline bankinghuman resource capabilityICTdecision making

References

Achara, M. (2008). E-Commerce, business methods and evaluation of payment methods in Nigeria. The Electronic Journal Information Systems Evaluation,11(1), 1-6. Retrieved from http://www.ejise.com. Acosta, F.R. (2004).Information technology strategic plan.Olivarez College Unpublished Doctoral Dissertation, University of Baguio, Philippines. Retrieved from http://googleads.g.doubleclick.net Akpan. I. A. (2013). The use of management information system (MIS) in decision making in the South-West Nigerian Universities. Educational Research and Review, 2(5), 109-116. Bassey. L. (2011). ICT investment, productivity and efficiency: Evidence at firm level using a stochastic frontier approach. Journal of Productivity Analysis, 20(2), 143-167. Berger, J. S. (2003).Trust and distrust in online banking: Their role in developing countries. Information Technology for Development, 13(2), 161-175. Chisenga, J. .2004.The Use of ICTs in African Public Libraries: A Survey of Ten Countries in Anglophone Africa. Oxford: International network for the availability of ScientificPublications (INASP). Dos Santo (1993). Information and communication technology penetration in Nigeria: Prospects, challenges and metrics. The Asian Journal of Information Technology, 6(3), 280–287. Drucker, P. (1967). Innovation and entrepreneurship. London: Heinemann French, S. M. (2009). Decision making. Psychology Bulletin, 3(1), 38-39. Haliso, Y. (2011). Factors affecting information and communication technologies (ICTs) use by academic librarians in Southwestern Nigeria. Retrieved from http://unllib.unl.edu/<pp/ Hamdam A. B. (2010). The impact of web site image and consumer personality on consumer Behavior. International Journal of Management, 22(3), 484-501. Hogarth,Y. (1995), Decision making imperative in modern management. Review of Business Management,7 (2), 6 – 16. Inyang, B. J., Oden, S. N.&Esu, B. B. (2003). Essentials of business communication. Calabar: Merb Publishers. Malhotra, M. (2009). Factors underlying attitude formation towards online banking in America. International Journal of Bank Marketing, 20(6), 261- 272. Odedra, M. (1992). Enforcement of foreign technology on Africa: Its effect on societyand the use of information technology. African Technology Forum,12(1), 18-22. Okiy, R.B. (2005). Strengthening information provision in Nigerian university libraries through information communication technologies. The Electronic Library, 23(3), 311- 318. Omolayole, O. O. (2002). Electronic services in Nigerian libraries. A key note address presented at the Ogun state chapter of the Nigerian library association.Ogun: Saesprint (Nig.). Co.

More Articles from IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT