Journal of Management Research and Analysis

243-253

Authors: Ambily A.S

Quality of work life encompasses various aspects relating to work environment, employee motivation, technology facilities, quality and humanism of managerial care and supervision, management – union relations and so on. The level of economic development considerably determines people’s quality of life. Organisations’ role is crucial in attracting competent, talented persons, and to retain them. It constantly adds significant value to the organisation. For retaining the employees’ of the organisation, monthly income has a significant role. Employees’ compensation, gives a sense of recognition and also determines social status. Employees’ compensation is a vital issue that needs an immediate solution. Present study focuses on monthly income and Quality of work life of public and private sector employees of Kerala.

259-272

Authors: Garima Singh

Population ageing refers to the trend and the process of rising percentage of the aged people in the whole population. This study is based on primary data which has been collected from 300 elderly respondents in the district of Sultanpur in the state of Uttar Pradesh. The data has been collected through a structured interview schedule on different demographic to social and economic variables. The paper outlines the general features of the respondents like age structure, sex composition, education level, family size, residential status, electricity connection, period of residence, communication facilities, sources of news, and awareness about programme and welfare schemes for elders.

277-282

Authors: Jayant Sonwalkar,*, Neha Soni

The study has presented a comprehensive picture of the Indian export in special reference with Bulgaria. The Gross Domestic Product (GDP) in Bulgaria was worth 55.73 billion US Dollars in 2014. (World Bank) with the leading manufacturing industries includes Organic Chemicals, Plastic and Articles thereof, Pharmaceutical Products, Tobacco and Manufactured Tobacco, Clothing accessories, Electrical Equipment’s and Ceramic products. Imports in Bulgaria are expected to be 4284.47 Million BGL by the end of this quarter, according to Trading Economics global macro models and analysts' expectations. Looking forward, we estimate Imports in Bulgaria to stand at 4204.96 in 12 months’ time. In the long-term, the Bulgaria Imports are projected to trend around 4200.63 Million BGL in 2020The Bulgarian market is receptive to American goods and services. E.U. Members will continue to offer funding opportunities for infrastructure projects, provided the Bulgarian government procedureis efficient and transparent. EU membership offers additional opportunities as structural and Cohesion funds are financing major infrastructure projects.

185-189

Authors: Abhinav Tompe, Amol Prakash Sonone

The food industry is now facing increasing pressure to ensure that their company's activitiesare environmentally sensitive, but there is also increased internal pressure to maintain orincrease profitability in the face of fierce competition. The food-processing industry hasspecial concerns about the health and safety of the consumer. The carbonation process is cheap and safe and apparently does not have any negative effects on cultured dairy products (Fairbairn and Law, 1986). Different methods can be used to add carbon dioxide to a product, such as the addition of carbonated water, production of a liquid drinkable yogurt by a commercial carbonation process, and the addition of metal carbonates. There are particular problems in the manufacture of non-carbonated RTD beverages that are not aseptically packed. These relate to microbial contamination. Products that have no carbon dioxide in their head space are particularly vulnerable to contamination by moulds and certain types of bacterial infection. A secondary advantage of introducing carbon dioxide under pressure to sweetened yogurt beverages is their expanded shelf-life. Carbonated fruit based beverage is a new concept which provides nutritional elements of the fruitalong with natural pigments and flavour in addition to carbonation effects.

195-203

Authors: Narayana Maharana, Suman Kalyan Choudhury, Ashok Kumar Panigrahi

Deposit mobilization is an integral part of banking activity. Mobilization of savings through intensive deposit collection has been regarded as the major task of banking in India. Acceptance of deposits is the primary function of commercial banks. As such, deposit mobilization is one of the basic innovations in current Indian banking activity. Hence, in this paper, an attempt is made to evaluate the trend and growth in deposit mobilization of scheduled commercial banks in Bhubaneswar in the period from 2008-09 to 2013-14. Three different types of deposits, namely demand deposit, savings deposit and term deposit is considered for the study taking BOB and Axis Bank. The total number of deposits accounts and total amount of deposits mobilized during the year from 2008-09 to 2013-14 in all scheduled commercial banks in India is gathered from RBI bulletin. The collected time series data are subjected descriptive statistics. Analysis is done taking primary data through a questionnaire to present different factors responsible for deposit mobilization of BOB and Axis Bank in Bhubaneswar city.

214-218

Authors: R. Ganapathi

A department store is a retail establishment which specializes in satisfying a wide range of the customer's personal and residential durable goods product needs; and at the same time offering the customer a choice multiple merchandise lines, at variable price points, in all product categories. Majority of customers of departmental stores are females and most of them belong to the age group of 21-30 years. Majority of customers of departmental stores are graduates and most of them are both students and employed. Besides, majority of customers of departmental stores belong to the monthly income group of Rs.10,000 – Rs.20,000. The results reveal that Kannan store is the most preferred, while, More For You is the least preferred by the customers. There is no significant association between socio-economic characteristics of customers and their preference of departmental stores. It is suggested that the departmental stores put in more efforts in making the advertising media an effective source of information in reaching the customers at large. It is also suggested to the management should appoint more number of skilled sales persons in order to attract customers.

227-230

Authors: Sarwade W.K., Sarwade Chetan W.

Information Technology has opened up several allied industries and employment opportunities, which never existed before. Whether it is business Process Outsourcing or Web enabled services. IT has revolutionized major areas of human activities. Teaching has traditionally been associated with classroom instructions on a blackboard. Due to I.T., the scenario has changed dramatically. To make the lecture not only more interesting but also more informative, there are several advanced teaching tools available. These vary from simple slide presentations to full blown multimedia presentations which have video clippings, sound effects, animation and graphics to explain most difficult subjects in a simple and easy-to-understand manner. Most of the academic institutes use computerized systems for providing information regarding the institute’s information, student enrollment, fee structure and management, examination administration etc.

115-122

Authors: Anjala Kalsie, Ashima Arora

A financial crisis of 2007-09 which started in advanced nation such as United States intersected with the freezing financial markets of the world economies and the suspended global trade, thereby transmuting into a global recession of intense gravity. The objective of this paper is to analysis the causes leading to such intense financial crisis which has hit the world at large. The leading indicators of financial crisis were securitization of mortgages, loose monetary policy stance adopted by the Federal Reserve, Basel norms which incentivized the investments in the mortgages, sovereign debt and GSE-sponsored mortgage backed securities more than the commercial and corporate loans, the rating agencies which awarded the lowest risk, high return ratings such as AAA to these assets, the inflationary pressure, substantial deregulation of the financial sector, bad computer modelling were the additional causes which helped in spreading the contagion of financial crises.

127-132

Authors: Harischandra Parshuram

This research paper will focus on the issues of application of the principles of Total Quality Management (TQM) to Service Industries, in general, as well as issues related to the training needs of the employees and other relevant related concerns. In today’s world class initiatives, employees need to be empowered in decision-making, either as a team, or as individuals. Empowered employees who are properly and adequately guided and trained, take decisions that help to achieve the vision of the Organization. They become customer-centric.

136-141

Authors: Walmik Kachru Sarwade

The Indian Automobile market is a promising industrial sector that is growing immensely every passing year. The automobile industry has an enormous opportunity for creating new wealth by delivering value to the world and also to the domestic user. The four-wheeler industry in India has not been able to match up to the performance of its counterparts in other parts of the world. The main reason for this has been the regulatory atmosphere that prevailed till the deregulation in the mid-1990s. After the liberalization the passenger car segment saw a boom and many companies from India as well as foreign entered the market. With liberalization, Government abolished licensing and removed restrictive trade policies. Automobile industry benefited greatly from these measures. The automobile industry in India happens to be the ninth largest in the world, following Japan, South Korea & Thailand. In 2009, India emerged as the fourth largest exporter of automobiles. Several Indian automobile manufacturers have spread their operations globally as well, asking for more investments in the Indian automobile sector by the MNC’s.

150-161

Authors: Sweta Singh

Welfare of employee and his family members is an effective advertising and also a method of buying the gratitude and loyalty of employees. Employee welfare is a comprehensive term including various services, benefits and facilities offered by the employer. The basic purpose of labour welfare is to enrich the life of employees and keep them happy and contented. Welfare facilities enable workers to have a richer and more satisfying life. It raises the standard of living of workers by indirectly reducing the burden on their pocket. Welfare means improving, faring or doing well. It is a comprehensive term, and refers to the physical, mental, moral and emotional well-being of an individual. Further, the term welfare is a relative concept, relative in time and space. It therefore, varies from time to time, region to region and from country to country. Labour welfare is an important aspect in every organization with some added incentives which enable the workers to lead a decent life.

169-172

Authors: Gyan Prakash, Shakti Prakash, Apurva Shrivastava

Impulse buying is a sudden and immediate purchase with no pre shopping intentions either to buy the specific product category or to fulfill a specific buying task. It is an unplanned purchase characterized by relatively rapid decision making and a subjective bias in favour of immediate possession. Usually retailers want to ensure that their stores must be so appealing that customer must attract to their stores and pay appropriate price for the eye catching merchandise. An Endeavour has been made in this paper to find out the probability of impulse buying behavior conditional upon demographic factors and to develop an appropriate marketing strategy. The outcomes of the study reflect that the customers’ demographic characteristics have significant influence on impulse buying behavior. It has been found high among youngsters (both unmarried males and females) who have no responsibility in raising families. JEL: M 31

24-34

Authors: Najmus Sahar Sayed, Gazia Sayed

The banking industry in India has a huge canvas of history, which covers the traditional banking practices right from nationalization to privatization of banks and now to multinational banks in India. Therefore, Banking in India has been through a long journey. Banking industry in India has also achieved a new height with the changing times. The use of technology has brought a revolution in the working style of the banks. However, with the changing dynamics, banking business has brought a new kind of risk exposure. Majority of the banks are successful in keeping with the confidence of the shareholders as well as other stakeholders but not all the banks are able to live up to the expectation of the shareholders. In order to grow and gain the faith of shareholders, organizations should try to improve the long-term financial performance and create wealth for the shareholders. Creating wealth or value for the shareholders is the core principle on which the economic system is based on. The main objective on any organization is ‘Maximizing the Shareholders wealth’. No enterprise survives or grows if it fails to generate value for its stakeholders. The companies, which gave low preference to the shareholder inquisitiveness, are now bestowing the utmost inclination to it. In order to help companies to generate value to its shareholders, various value-based management systems have been developed. One of such model is MVA (Market Value Added) to measure the value added by the organization. We have chosen this tool to evaluate the performance of the Indian Banks. After deciding the measurement tool, we have chosen those banks which are listed on the Bombay Stock Exchange (BSE) and for which the data is available in the Ace Equity database. In this research paper, the researchers have made an attempt to study the Market Value Added performance in the Indian banking industry as well as the researchers tried to explore the extend of relationship between MVA and other related variables namely, Dividend Pay/Out Ratio, Profit After Tax Margin, Cash Profit Margin, Return on Asset, Return on Equity, Return On Capital Employed, Net Sales Growth, Return on Net Worth, Dividend Yield, Capital Adequacy Ratio, Non-Performing Assets etc. MVA analysis revealed that most of the public sector banks had eroded the wealth of shareholders. Multiple regression analysis using backward method was used to find the dependent variables. The research showed that MVA depends on Dividend Yield and Dividend Pay/Out Ratio. Thus, it implies that wealth creation is strongly influenced by the returns provided to the shareholders. Jel Codes: C02, C35, C88, G17, G21

43-49

Authors: Wangjinjin, Song Wei, Zhu Dongyun, Peng Xiaobao, Zhao Shuliang

The similarity of regional innovation strategy in China leads to similarity innovation environment and results, hinder the flow of innovation elements and results. In this paper, we use multidimensional scaling to analysis the regional innovation based on the data of 2012, find that the particular position of Beijing and Shanghai, causing the innovation is different with other provinces, while Zhejiang, Jiangsu, Shandong and Guangdong with the coastal location advantage and economic support innovation mode is similar to with each other; others are taking the imitative innovation and absorption.

63-71

Authors: Rekha Sharma, Jyoti Bansal

Retailing sector of India is an emerging sector and back bone of Indian economy. The contribution of this sector is 14 to 15 percent in the total GDP. The retail market of India is estimated to be US$ 500 billion and one of the top five retail markets in the world by economic value. Indian retail market is getting very popularity over the world with 1.2 billion people. As of 2013, India's retailing industry was essentially owner manned small shops. In 2010, larger format convenience stores and supermarkets accounted for about 4 percent of the industry, and these were present only in large urban centers. There are 40 million Indians (3.3% of Indian population) engaged with Indian's retail and logistics industries. From 1991, Foreign Direct Investment (FDI) was limited to only a few sectors like manufacturing, infrastructure etc. But In July 2011, the government of India has recommended 51% FDI in Multi - Brand Retail and 100% FDI in Single - Brand Retail. The main objective of this study is to find out the impact of FDI on retail sector.

81-86

Authors: Velimir Srića

The first part of the article deals with a short overview of the key conflict management issues in business. Various conflict triggers are discussed, followed by a brief analysis of the best methods and techniques of conflict resolution. The second part of the article is dedicated to the Fellowship game. It is a simple game developed by the author to be used in teaching and consulting managers, executives and leaders how to deal with conflicts in a harmonious way. The aim of the game, which is based on the Prisoner's Dilemma from the Game Theory, is to increase awareness and improve understanding of the key approaches involved in any conflict situation.

98-107

Authors: Şükrü Ada Mohsen Ghaffarzadeh

Information has become an essential resource for managing modern organizations. This is so because today’s business environment is volatile, dynamic, turbulent and necessitates the burgeoning demand for accurate, relevant, complete, timely and economical information needed to drive the decision-making process in order to accentuate organizational abilities to manage opportunities and threat. MIS work on online mode with an average processing speed. Generally, it is used by low level management. Decision support system are powerful tool that assist corporate executives, administrators and other senior officials in making decision regarding the problem. Management Information Systems is a useful tool that provided organized and summarized information in a proper time to decision makers and enable making accurate decision for managers in organizations. This paper will discuss the concept, characteristics, types of MIS, the MIS model, and in particular it will highlight the impact and role of MIS on decision making.