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Effect of COVID-19 Pandemic Containment Measures on Production Cost of Animal Feed Companies in Nakuru County

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  • Beatrice C. Sigei

    (Faculty of Commerce, Egerton University, Kenya)

  • Richard B. Nyaoga

    (Faculty of Commerce, Egerton University, Kenya)

Abstract

The COVID-19 virus emergence resulted in extraordinary challenges globally and brought the world to stand still. The governments responded by putting measures to curb the spread which included lockdowns, curfews, and social distancing among others. The pandemic control measures disrupted operations in sectors such as the health sector, hospitality and tourism, transport sector, agriculture, manufacturing, and service sectors. Animal feed companies fall under the Agricultural manufacturing sector in Kenya and are registered under the Association of Kenya Feed Manufacturers to distribute animal feeds to farmers at just prices and cost. The companies contribute 50 percent to the total agricultural sector Gross Domestic Product (GDP). This study sought to determine the effect of the COVID-19 pandemic on cost as a dimension of the operational performance of animal feed companies in Nakuru County. A descriptive research design was adopted. Census of the entire population of 46 (Forty-Six) companies registered by the Association of Kenya Feed Manufacturers (AKEFEMA). A structured questionnaire was used to collect data over drop-and-pick method. SPSS (version 28) software analyzed the data collected. Data was analyzed using descriptive and inferential statistics. Simple linear regression investigated the relationship between the variables and tested the hypothesis at a=0.05 significance level. The study established that COVID-19 containment measures had a positive correlation(r=0.520), (r=0.317) and (r=0.381). Regression analysis was statistically significant (p=0.001

Suggested Citation

  • Beatrice C. Sigei & Richard B. Nyaoga, 2024. "Effect of COVID-19 Pandemic Containment Measures on Production Cost of Animal Feed Companies in Nakuru County," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(10), pages 1990-1999, October.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:10:p:1990-1999
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    References listed on IDEAS

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    1. David J Teece, 2014. "A dynamic capabilities-based entrepreneurial theory of the multinational enterprise," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 45(1), pages 8-37, January.
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