IMPACT : International Journal of Research in Business Management

7-14

Authors: YI-MIN WEI & MICHAEL T.S. LEE

In recent years, platform economy is almost equal to the leadership position of traditional enterprises since the industrial revolution, and many people treat platform economy as their start-up business target But the entrepreneurial success needs to consider lots of factors; otherwise it will cause a failure in the last. This study evaluates the strategy models adopted by entrepreneurs in platform economics from the perspective of venture capital (VC). According to their own core technology and market characteristics, the strategies are respectively: (1) attacking strategy; (2) ride sharing strategy;(3) hit and run strategy;(4) micro market strategy. Entrepreneurs need to master powerful key resources in at least one aspect among the demand side, supply side and technical side; otherwise their start-up business will be failed.

29-40

Authors: PRASAD G. AKERKAR & R.K. SRIVASTAVA

Service Sectors in India are undergoing a major transformation phase in today’s time. In order to achieve sustainable, profitable growth, this sector is facing key competitive challenges such as operational efficiency, delivery productivity, global customer satisfaction and talent development & retention across their delivery centers. Training, Learning & Development (L&D) plays a significant role in these organizations by providing cutting edge leadership in technology & business management. It’s therefore very important to accomplish and measure the effectiveness and efficiency of L&D for real life business application and building learning assets for such organizations. Interestingly, India has one of the largest young workforces in the world, with over 65 % of its population under the age of 35. Today, the Indian service sector employs about 3-4 generations at a time with generation Y alias Millennials constituting about 70% of the total workforce. They have varied social, demographic, have changing interests in diverse fields, and are innovative, creative & restless in nature. There are, however, lots of myths about them and their behavioral styles and patterns which need proper elaboration and reconciliation. It’s therefore necessary to examine the impact of this important variable in determining the learning maturity of the organization and corresponding impact on its business performance. This would help in better co-innovation and co-excellence and hence a better win-win for individuals and organizations. The purpose of this paper, therefore, is to study this significant variable of L&D ecosystem constituting to its effectiveness for business results and various ways of formal and informal learning strategies & business interfaces that resonate most with these new generation employees, being an emerging part of a multi-generational workforce of India Inc.

53-58

Authors: TU CHUC ANH

Application of international accounting standards is extremely necessary in the current condition of our country due to integration requirements and management objectives. The system of international accounting standards includes international corporate accounting standards and international public sector accounting standards. It is necessary to propose models, applying all international accounting standards as well as take into account the roadmap to apply accounting standards. Putting the contents of the international accounting standards in teaching at the training facilities is also an important ways of delivery. Besides, when the system of international accounting standards is applied in Vietnam, requirements for accounting information users are also the issue needed to take into account.

73-78

Authors: DIXIT A.K & GARG NEETA

Academic stress is mental distress with respect to some anticipated frustration associated with academic failure or even unawareness to the possibility of such failure. Students have to face many academic demands, for example, school examination, answering questions in the class, showing progress in school subjects. The present study consists of 200 B.T.C. Students studying in Government and private teacher-training colleges situated in Ghaziabad District of Utter Pradesh, India. The sample was selected by using simple random sampling technique. The present study reveals that the male student's academic stress is higher than female students. The urban student's academic stress is higher than rural student. The Government school student's academic stress is less than private school student.

85-96

Authors: ALI SANEE SCOYI

ABSTRACT This paper points out that proper management of human resources can increase personnel's job satisfaction. In this case study, satisfaction rates were investigated and it was attempted to determine their satisfaction condition in the subscales of supervision, coworkers, job, procedures and regulations, payment and fringe benefits, work conditions, and welfare services. It was concluded that the expected increase in efficiency is not attributable to machines. The case was not technology, but the low satisfaction level among personnel; i.e. inappropriate and undesirable performance of personnel in the production section. It was noted that company's personnel are highly satisfied with their communication to other coworkers and vice versa, as well as their communication with supervisors. The relationship between demographic and organizational variables has been also investigated. In sum, there were 4 out of 7 subscales that don't have desirable satisfaction. Considering job satisfaction condition, it was found that in the subscales of procedures and regulations, work condition, and welfare services, payment and fringe benefits, low satisfaction was observed. But in the subscales of coworkers, supervision, and the job, rather high satisfaction was observed.

117-136

Authors: MASANGA, G. G, MUNYORO, G & MUGWAGWA, P. F

ABSTRACT Business models the in healthcare industry, internationally, have been found to contribute to high cost of healthcare services and poor service delivery. This research aimed at evaluating the business models being used in the private healthcare sector in Zimbabwe, with a view to improve value for the stakeholders. The research philosophy was phenomenological and took a multiple case study design. Three prominent healthcare companies were selected for the study, and a purposive sampling method was used to select the respondents for the study. The study established that the business models in use in the private healthcare services sector in Zimbabwe are following the STOF model, although the model is not yet clearly defined. The costs in the private healthcare system are significantly influenced by private insurance companies. The study also established that, the healthcare industry is too fragmented and therefore unable to influence policy or reform. The research recommended that Government establishes medical centres of excellence that could serve the community at low cost with a provision for flying in specialists to serve at the centre when required. Government is also urged to relax regulations regarding advertising of medical services to promote healthcare competition and improve on service quality.