IMPACT : International Journal of Research in Business Management

1-6

Authors: Anumaka, Ijeoma Blessing

This study is focused on "Learning Environment and Cross-Border Students' Adaptation" in classrooms in selected private universities in Kampala- Uganda. The purpose of the study is to find out how cross-border students adapt socially, physically, cognitively and emotionally to classroom environment which they are subjected to, in private universities found in Kampala. The main objective is to establish relationship between learning environment and cross-border students' adaptation level in private higher institutions in Uganda. The design of the study is descriptive correlation where quantitative and qualitative survey approach is adopted. The researcher selected 4 (four) universities in central Uganda, Kampala. A sample size of 220 cross border students were randomly selected from these universities. Findings reveal that a positive relationship between CBS adaption and their learning environment. The researcher recommends the need for universities that rely on CBS for enrolment boost and its financial implication, to improve their learning environment .Lecturers should endeavor to be more creative and use modern information, communication technological (ICT) equipments and materials in delivery of lectures. Lecture rooms should be computer based and sound proof making them more conducive.

11-14

Authors: M. V. Nappinnai & N. Premavathy

In the global competitive scenario as there is no dearth of opportunities for talented persons in this world, given a chance, employees are prone to move from one organization to another. Corporates are facing the problem of attrition at this time of economic revival. Organisations spend a lot of effort, time and money on employees retention because losing a valued employee proves to be costly in the form of lost knowledge, worried co-workers and lost money. Retention is more economic than going for fresh recruitment. Organisations should have an effective retention plan to keep the current employees. This article presents a holistic view of attrition and retention of employees in this competitive scenario.

25-36

Authors: Neha Bothra

India's luxury market, which grew 15 per cent in the last three years and which reached $ 7.58 billion in 2012, witnessed growth of 20% over the past year and is estimated to have reached $ 15 billion in 2015, is witnessing emergence of `closet consumers’. Closet consumers' as those who look at the cost and value even when shopping for luxury products. The growth in the luxury market is on account of robust growth in the luxury categories like apparel and accessories, perfumes, fine dining and automotive. Indian Government has approved 51% FDI in Multi-Brand Retail and 100% in Single Brand Retail. India is undergoing an important revolution in the area of luxury brands. The impact of the luxury brands is extending from tier-I to tier-II cities. India would have more than double the number of HNIs to 403,000 by 2015 from 153,000 in 2010. The research sources includes Bulletins of RBI, journals, reports from FICCI, ASSOCHAM, AT Kearney's Global Retail Development Index (GRDI) 2012, CII-AT Kearney's Indian Luxury Review 2011, Ministry of Finance, Government of India, Capgemini and RBC Wealth Management’s world wealth report2012,2013, CII-IMRB Report,2013. The paper analyses how to target the closet consumer without alienating the mature luxury consumer? It also takes a close look at the rapid luxury retail sector growth in line with the augmenting list of HNIs in Indian Economy. The paper explains how the Luxury Market is yet to achieve its high. This conceptual paper brings forth the relevance of the Indian government policies on luxury market. The results of this study would help to create deep understanding about Indian luxury market. This study also reveals the Relationship among closet consumers, HNIs and Indian luxury market.

43-48

Authors: Raghavendra R. H & Velmurugan P. S

The short term association between spot return and future return of Great Britain Pound /Indian National Rupee (GBP/INR) currency pair traded in India is the subject of present study. With the objective of examine the short term relationship, we examined the short term causal relationship between Spot return and Future return of GBP/INR traded in India from the period of February 2010 to December 2012 through Granger causality test. Before the investigation of causality, the descriptive statistical test and Unit root test for stationarity is done through ADF and PP test. The Granger causality test results revealed Spot Return does not causes the Future Return, but Future return is causes the Spot return uni-directionally. The results show clearly that there is a unidirectional causal relationship between Spot return and Future return of GBP/INR currency pair traded in India.