Advanced Research Publications: Management Journals
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E-Commerce: A New Way of Business
No full textFor developing countries like India, e-commerce offers considerable opportunities. E-commerce in India is still in nascent stage, but even the most-pessimistic projections indicate a boom. It is believed that low cost of personal computers, a growing installed base for Internet use, and an increasingly competitive Internet Service Provider (ISP) market will help fuel e-commerce growth in Asia’s second most populous nation. Indian middle class of 288 million people is equal to the entire U.S. consumer base. This makes India a real attractive market for e-commerce. To make a successful e-commerce transaction, both the payment and delivery services must be made efficient. There has been a rise in the number of companies' taking up e-commerce in the recent past. Major Indian portal sites have also shifted towards e-commerce instead of depending on advertising revenue. Many sites are now selling a diverse range of products and services from flowers, greeting cards, and movie tickets to groceries, electronic gadgets, and computers. With stock exchanges coming online, the time for true e-commerce in India has finally arrived. On the negative side, there are many challenges faced by e-commerce sites in India. The relatively small credit card population and lack of uniform credit agencies create a variety of payment challenges unknown in India. Delivery of goods to consumers by couriers and postal services is not very reliable in smaller cities, towns and rural areas. However, many Indian banks have initiated Internet banking services. Speed post and courier system have also improved tremendously in recent years. Modern computer technology like secured socket layer (SSL) helps to protect against payment fraud, and to share information with suppliers and business partners. With further improvement in payment and delivery system, it is expected that India will soon become a major player in the e-commerce market. In this article, an effort has been made to explain e-commerce & its challenges & benefits
A Study of Perfumes Buying Behavior of Consumers in India
No full textIndia has a long history of perfume expertise dating back over 300 years. The familiarity of the average Indian with complex fragrances, coupled with strong cultural factors has given Indian fragrances a unique character. The fragrance market in India is small in comparison to those in developed countries, but it has the potential to develop into one of the biggest in the years to come. The opportunity in this sector is more and it has a middle class of 100 million people with growing disposable incomes. At the same time, improved efficiencies in the supply chain, product and process innovation and higher aspirations amongst consumers are driving a boom in the FMCG sector.The company like Titan Industries has stepped into perfume market with its SKINN range. Vini Industries with FOGG has already dominated the market with its varied perfume range. The study has been focused to understand the scope of perfume in the Indian Market and factors affecting the perfume buying behavior of consumers
A Critical Study of Digitalization in the Indian Banking Sector
No full textThis era in which we live today is predominated by the word “Digitization”. This word which has evolved in recent times has undoubtedly become the crux of “Banking Sector” in our country. Banks in our country are no longer made of just bricks & mortar delivery channels. They have surely revolutionized into the concept of anytime, anywhere.New mantra for banks says Digitalize or die. Digitalization is mainly concerned with what all banks are required to do in order to provide better services to the customers. There are various technologies which are to be adopted for digitalization of back office. It also ensures self-sufficiency to the customers in whichever way possible. The major importance of digital banks lies in their ability to be omnipresent.Since challenges often give birth to opportunities, so the major challenge in front of the banks is to digitalize themselves. Enabling them to meet preferences of the people of all generations has also given rise to enormous opportunities, resulting into the revolutionized version of banking known as “Digital Banking”. This conceptual research article deals with the evolution of Digital Banking in India, its techniques and also the present structure of digitalization in India
Manufacturing and Industrial Policy in European Union: An Appraisal
No full textManufacturing Sector is a vital source of technological progress which bears advantageous results according to the United Nations Industrial Development Organization. This veritable claim of UNIDO is proved by the fact that manufacturing and corporate business houses show more inclination towards research and development oriented and technology driven projects in comparison to other business hubs and there is a strong competition for composite market share in all manufacturing, industrial and service sectors within the European Union; that too, when the manufacturing, industrial and service trade encompasses wider cross-border mergers and acquisitions, not just of manufacturing goods, industrial products and services, but also of capital inflows, ideas and manpower. However, the market trends show that it may vary widely depending on the kind of processing techniques of the manufacturing sectors, requirements of the particular industries, mechanisms of production or even the specific European country in question
Influence of Promotional Tools on Pharmaceutical Retailers’ Decision to Place Orders
No full textThe study examines the perceptions of pharmaceutical retailers on the association between retail store demographics and influence of promotional tools on the decision to place orders. Promotional tools studied in the article are: medical representatives, schemes, gifts, promotional literature and online promotion. A total of 400 respondents (pharmaceutical retailers) were contacted by personally visiting them and 252 completed usable questionnaires were obtained. Respondents were also enquired about the reasons for which medical representatives visit them and promotional measures the pharmaceutical firms should take which will help retailers. A positive association has been found between the number of employees in the store and the influence of gifts on decision to place orders. Data reveals that the medical representatives influence the decision to book orders in smaller stores more as compared to stores with larger size. A significant relationship was found between number of years store has been in business and influence of medical representatives, schemes, and gifts on decision to book orders
Emerging Diphtheria: Health Policies and Lesson Learnt from Southeast Asia
No full textDiphtheria is an important infection. It is a disease that can be controlled by vaccination. It is a very old disease but the recent emerging infection in the new setting occurs in Southeast Asia. Here, the authors briefly review the situation and discuss on lesson learnt from local health policies
Military Way of Life: A Unique First Hand Experience
No full textThe military way of life is a unique style of living known only to the military personnel. It calls for the sacrifices and efforts well beyond the call of duty, not only by the serving member but also by his/her family. Therefore, there can be a great assurance in knowing that there are "others in the same boat”. Like being left behind during long deployments or moving frequently as per the call of duty. Also the frequent adjustments that need to be made to new environments and different cultures are part of it all.Military life is one of the cherished spans of life, which one can only experience, if one is a part of it. It is beyond doubt that the qualities which are imbibed by an individual by practically going through the challenges in difficult conditions which makes him/her a holistic person.Let us trace the trajectory of a soldier from his inception to the last moment in service and even thereafter to understand the arduous and undulating path that he undertakes to meet the tall call of his duty
Trail by Media in Developing Countries with Special Reference to India
No full textThe modern times have seen a major breakthrough as far as the media’s roleand reach is concerned. There was a time not so long ago when media waslimited to newspapers and people would wait 24 hours to get an idea of whatwas happening around them. The last decade- and- half has seen the rise ofmulti- media, with TV and Internet emerging as big players. News now is likeinstant coffee, 24 hours, seven days a week and 365 days a year. You don’tlike the coffee, change the flavor - you want news of a different kind, switchyour TV channel or the webpage. In this scenario, and faced with huge threatfrom TV and Internet, newspapers have also changed face: they are pacier,more frivolous and more in- your- face than ever before. Trial by Media is aphrase which was coined in the late 20th and early 21st century to describe theimpact of television and newspaper coverage on a person's reputation, bycreating a widespread perception of guilt regardless of any verdict in a courtof law. One of the first celebrities in the 20th century to be arguably tried bymedia was Roscoe ‘Fatty’ Arbuckle who was acquitted by the courts butnevertheless lost his career and reputation due to the media coverage. InIndia, trial by media has assumed significant proportions. It has had bothpositive and negative results. However, many would think that the overallimpact is for the betterment of the society. Some famous criminal cases thatwould have gone unpunished but for the intervention of media arePriyadarshani Mattoo case, Jesica Lal case, Nitish Katara murder case
A Comparative Study of Agricultural Coverage in Daily Newspapers
No full textAgriculture sector is unquestionably the largest livelihood provider in India. Agriculture has always been considered as the back bone of our economy. With new era Information and communication technology plays a vital role in the development Indian agriculture. Communication systems have brought tremendous changes in world economic scenario. Today, India has second rank in agricultural output. India became the world’s 7th largest exporter of agricultural products in 2013. India has an important part in world market, especially for cotton, sugar and rice.1The purpose of this study was to investigate the coverage of agriculture news in Indian newspapers. Thus, this research addressed the questions such as what is the proportion of agricultural news in four Indian newspapers. Content analysis of four English and Hindi daily newspapers i.e. The Hindustan Times, The Tribune, Dainik Jagran and Dainik Bhaskar are done for six months. The Items of news, views and illustrations published in the above said four newspapers are used in the study
Does the Exchange Rate Have an Influence on Homicide and Mortality?
No full textIntroduction: This study is an empirical examination of the exchange rate of US $1 to the Jamaican dollar, mortality and homicide for 44 years (1970-2013).Objective: This article evaluates the exchange rate, homicide and mortality in Jamaica using 44 years of data (1970-2013) in an effort to determine (1) correlations, (2) strength of relationship, and (3) patterns of changes in homicide and the exchange rate.Materials and Methods: Secondary panel data are used for this paper. The panel data are for 44 years, 1970-2013, with the data taken from various governmental agencies that have responsbility for the collection and publication of statistical data.Findings: Using OLS regression, the relationship is a strong direct one (R2=0.743, adjusted R2=0.737). Furthermore, a 1% change in exchange rate corresponds to a 73.7% change in homicide rate. Or, the exchange rate accounts for 73.7% of the variability in homicide rate (F=118.6, P <0.0001) [1, 39]. A negative statistical association emerged between mortality rate and the exchange rate (rxy=−0.393 or b=−0.083), with 13.5% of the variability in the mortality rate accounted for by a 1% change in the exchange rate (R2=0.155, adjusted R2=0.135, F=7.694, P=0.008) [1, 41].Conclusion: Homicide in Jamaica is an expression of economic deprivation and frustration, unbearable psychological matters confronting the individual during periods of economic hardships; therefore, economics plays a crucial role in living and dying. Consequently, it follows that the exchange rate requires careful management as it has influence over people’s quality of life and goes further than mere changes in the cost of living