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The Effects of EVC Plus on Firm’s Sales Performance

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  • Abdisalan Salad Warsame

Abstract

This paper analyzed how EVC Plus affects the sales performance of local firms using coded data from HORMUUD Telecom (2017-2020) for privacy purposes and survey questionnaires extracted from local universities. Five clusters were chosen as a sample, universities, grocery supermarkets, pharmacies, utility companies, and government agencies. The study uses an autoregressive model and other techniques. The findings reveal that the adoption of EVC plus has a strong positive and significant correlation with a firm’s performance. The highest correlation coefficient is found in utility firms, followed by the universities, where almost all transactions are made in EVC Plus mobile money transfers.

Suggested Citation

  • Abdisalan Salad Warsame, 2023. "The Effects of EVC Plus on Firm’s Sales Performance," International Journal of Business and Management, Canadian Center of Science and Education, vol. 18(1), pages 1-75, February.
    • Handle: RePEc:ibn:ijbmjn:v:18:y:2023:i:1:p:75
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    References listed on IDEAS

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    1. Abdisalan Salad Warsame, 2021. "The Relationship Between Information & Communication Technology and Foreign Direct Investment Inflow to Africa," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 13(5), pages 1-22, May.
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      JEL classification:

      • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
      • Z0 - Other Special Topics - - General

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