Title: Effect of Strategy Evaluation on Business Performance Study of Union Bank Plc, Delta State, Nigeria
Authors: OKPIMAH
Special Aaron Emoefe
PhD
MAMN.
Volume: 10
Issue: 7
Pages: 1-9
Publication Date: 2026/07/28
Abstract:
The study examined the Effect of Strategy Evaluation on Business Performance, the study of Union Bank Plc, Delta State, Nigeria. The objective of the study was to ascertain the effect of strategy evaluation on business performance. The research design method that was adopted for this study was the descriptive research design. The study used a stratified random sampling approach to select 60 employees to participate in the survey. The study adopted a census method because the population size was small and for accuracy. The study found a strong positive relationship exists between strategy evaluation and business performance (r = 0.887, p = 0.004). The coefficient of determination was found to be 25.5% which signified that 25.5% of the variations in the performance can be explained by strategy evaluation while other factors can explain the remaining 74.5%. The regression results established that strategy evaluation is positively and significantly related with business performance (?= .587, t = 1.943, p = .048). The study concluded that Strategy evaluation significantly affects business performance and a unit increase in strategy evaluation while holding all other factors constant increases performance by 0.587 units. The study recommends that, it would be strategic for the bank organization to have strategies that are completely consistent with the organizational overall strategic direction for improved effectiveness. It also calls for re-appraisal of the policies and their alliance to the general business goals. The reinforcement of evaluation enhancing strategies and extending the range of the study considering other organizations within the segment.