Management Journal for Advanced Research
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The Measurement and Effect of Human Resource Management in High-Technology Firms
Get PDFOne of an organization\u27s intangible assets is its human capital. It essentially encompasses all of a person\u27s abilities and devotion, including their knowledge, potential, and capacity. Supply and demand are mirrored in the link between human capital management: corporate organisations must manage the supplier while employees, independent contractors, and consultants put their own human capital into them. Naturally, any organisation concerned with its performance will inquire about how well this asset is being managed to ensure the highest return on their investment. Similar to this, all workers, consultants, contractors, and other human capital providers want to make sure they are receiving the right return on their own human capital investments in the form of pay, incentives, perks, and so on. The findings of this study demonstrate the strategic value of managing human capital in organisations. The main goal of this study is to investigate a wide range of features and the significance of human capital in today\u27s hypercompetitive climate, as well as to go into specifics to learn more about the topic at hand, namely human capital. Being an exploratory study, the paper mainly relies on the analysis of the existing literature. Organisations have consistently placed a fair amount of emphasis on human capital by taking the necessary steps to create a culture of knowledge sharing and retain highly qualified employees to produce more innovative ideas in an effort to gain a competitive advantage over modern organisations. Since implementing innovative ideas and concepts improves organisational outcomes, it is implied that human capital is favourably correlated with organisational productivity in all respects. Employees have a tendency to become devoted and passionate about their work as a result of intellectual capital, giving it their all in an effort to gain the crucial competitive advantage. The findings of this study demonstrate the strategic value of managing human capital in organisations
An Empirical Study on Various Healthcare Strategies Followed by Selected Hospitals in Puducherry
Get PDFIndia is a prime example of a nation that has seen significant change in the expansion of the global healthcare industry. It is a nation with a wealth of medical expertise and ability, giving it an advantage in the medical industry through a variety of health service offerings. Patients from all over the world come India for treatment due to its medical expertise. However, the rate of development in the Indian medical industry does not reflect the reality that it has faced numerous challenges both historically and currently. Even though India is one of the biggest providers of health care services, it still has many flaws, including unregulated competition, poor service quality, high costs, the dominance of private health care players, insufficient resources, a narrow focus, and a deteriorating public health care sector. Aside from this, it is a common rural-urban imbalance that rural areas have far less access to medical care than metropolitan ones. As a result, there is a considerable demand for health care, yet there are insufficient financial and administrative resources to satisfy it. In this regard, the current study aims to evaluate different healthcare practices used by a chosen hospital in Puducherry
An Empirical Analysis of Performance and Evaluation of Mutual Funds in India
Get PDFThe mutual fund sectors are one of the fastest growing sectors in Indian Economy and have awesome potential for sustained future growth. Mutual funds make saving and investing simple, accessible, and affordable. The advantages of mutual funds include professional management, diversification, variety, liquidity, affordability, convenience, and ease of recordkeeping—as well as strict government regulation and full disclosure. Financial markets are becoming more extensive with wide-ranging financial products trying innovations in designing mutual funds portfolio but these changes need unification in correspondence with investor’s expectations. Thus, it has become imperative to study mutual funds from a different angle, which is to focus on investor’s perception and expectations. This research paper focused attention on number of factors that highlights investors’ perception about mutual funds. It was found that mutual funds were not that much known to investors, still investor rely upon bank and post office deposits, most of the investor used to invest in mutual fund for not more than 3 years and they used to quit from the fund which were not giving desired results. Equity option and SIP mode of investment were on top priority in investors’ list. It was also found that maximum number of investors did not analyze risk in their investment and they were depend upon their broker and agent for this work
Effect of Motivation on Employee Performance: A Case Study of Government Agency
Get PDFThe overarching focus of this study was to establish the effect of motivation on employee performance at a Government Agency responsible for the collection, enforcement and administration of various taxes in Zambia. The study objectives were to establish the types of motivation the company provided to its employees, examine the employees’ expectations of motivation and assess the effect of motivation on employee performance. A quantitative approach to which a descriptive case study was adopted for this study. Stratified random sampling of participants was employed to select respondents from Lusaka Headquarters and a questionnaire with Likert scale statements was used for data collection. Questionnaires were administered via email and 183 respondents returned fully answered questionnaires. The findings revealed that 65% of motivation were motivated. The study also revealed that employees had expectations on the type of motivation to be provided to them by their management. Regarding the effect of motivation on employee performance, it was revealed that motivation influenced individual hard work, reinforcement of morals and integrity, rejection of under hand bribes by clients and many other effects. The findings of the hypothesis showed that the mean values were skewed towards the Likert responses ‘agree’ with 80% of employees agreeing to motivation variables. This confirmed that motivation affected employee performance by 100%. The study concluded that, motivation played a pivotal role where productivity through human effort was concerned. The study made three recommendations: The management and Board should understand human nature and their employees’ needs at workplace as this determined the direction on the correct motivation to provide to them. The Government Agency should create a committee of incentives provision comprising ordinary employees and management personnel in order to have inclusive suggestions of incentives that have a bearing on the needs of the employees. Lastly employees should be informed and oriented on the role of motivation as it influences their daily work efforts.
Analysis and Effects on the Merging of International Financial Reporting Ethics in the Indian Corporate Sector
Get PDFIn the current era of globalisation, more than 3600 multinational corporations are establishing operations in India\u27s various industries. These Indian corporations are disclosing their financial information in accordance with IFRS, Indian GAAPs, US GAAPs, Japan GAAPs, etc. In an effort to avoid this kind of trouble, the accounting bodies around the world are striving towards a uniform set of accounting policies, valuation standards, and disclosure criteria. In this circumstance, India must move from Indian GAAP to IFRS across all industries. India, a rising nation on the global economic map, also made the decision to converge with IFRS by creating a standard known as Ind AS. The current paper\u27s objectives are to ascertain the level of stakeholder awareness regarding the adoption of IFRS in India and the effects of IFRS convergence on various industries. The researcher discovered that there are several ways to grasp IFRS, and the results indicate that there is a significant need for training and knowledge in this area as well as a lot of support from various sectors for the adoption process
The Effects of Media Priming on Perceptions of Immigrants in the U.S.
Get PDFThis paper aims to explain the ways in which media depictions of immigrant groups and online/social media interactions may influence audience perceptions, attitudes and behaviors towards immigrants using theoretical frameworks of cultivation and priming. This paper analyses how media institution, message production and message effects on viewers influence the perceptions of immigrants based on the repetitive messages shares in mass media and new media environments .This paper also talks about mainstreaming and resonance to explain the attitudinal and behavioral changes towards immigrants
The Learnings of OCB and Employees’ Psychology from Indian Mythological Tales - An Empirical Study
Get PDFOrganizational Citizenship Behavior has been premeditated by various distinguished scholars and managerial connoisseurs for the last few decades. Be it Dennis Organ who disseminated the theory in 1988 or any other well-known academician, the interrogation of how much volunteerism is too much volunteerism always triumphs. The concerned study purposes to afford a lucid view of the various potentials that an employee must possess to underwrite willingly to the organization. The study also furnishes investigated primary data to accept/reject its hypotheses. The research article affords minuscule niceties regarding the central perceptions of OCB. It also aims to retort the various characteristics of emotional interactive personalities in human beings through applied Indian mythology so that an evocative supposition can be accomplished on employee volunteerism
A Comparative Study of Profitability Analysis of Selected Listed Pharmaceutical Companies with Special Reference to Top 5 Pharma Companies in India
Get PDFProfitability refers to the profits or gains a business makes in relation to its expenses. It helps to determine the future strategies of business, whether to invest or not and the performance of the business by analysing the currentfinancial position of the venture or firm. In this paper an attempt to assess the profitability position of selected pharma companies (on the basis of market capitalization). The annual report of last 5 years i.e. from 2018-19 to 2022-23 were analysed to know the position of pharma companies in terms of profitability. By analysing annual reports, it is found that among the selected pharma companies Sunpharma and Torrent Pharmaceutical are secured the top position (based on mean and C.V.) and in both based on mean and C.V. Cipla held the last position
A Study on Influencing Factors and Challenges of Ethics in Business in Indian Context
Get PDFIn order to survive and grow in the market, moral values are one thing which must be taken into consideration along with the vision set up by Organization. From a business point of view each and every organization tries to achieve the main goal, which obviously is to ‘maximize the profit’. But while doing so these organizations should also consider their moral, ethical and social obligations. Business ethics refers to the principles, values, and moral standards that guide the behavior and conduct of individuals and organizations within the business environment. As economies evolve and global markets expand, the role of ethical behavior in business becomes increasingly important. Ethics support indirectly to the growth of the Organizations. In this era of sustainability, ethics is the power in the hands of organizations to achieve sustainable practices.
This research paper aims to explore the various influencing factors and challenges that impact ethical practices within the world of business. The study examines various internal and external elements affecting ethical decision-making processes among businesses, analyzes the implications of these factors on corporate behavior, and suggests potential strategies to promote ethical practices. It is an exploratory & descriptive study completed massively with the help of Secondary data. The paper encompasses the world of Ethics in Business & describes the associated factors & challenges. The Author has suggested a recommendary model stating the essence of ethics in business and the approaches required to achieve the same. The Author has considered industries at large and the same may be the limitations of the study as the inferences are indicative in nature rather exhaustive. Ethics have a strong role to play in the world of Business, this attempts to generate insights in this respect
Homestay Tourism and Sustainable Development in the Indian Himalayan Region: Prospects & Challenges
Get PDFIn developing countries like India, homestay tourism is a relatively a new concept that has been introduced in the field of tourism and travel. It has number of benefits at social, economic and environmental level and simultaneously, it has certain limitations also. Purpose of this research paper is to evaluate the social, economic and environmental issues of homestay in Indian Himalayan Regions so that various tourism policies can be framed. Another purpose is to decide whether homestay is good & safe for an individual as a host and as a guest. Future potentials of home stay tourism has also been highlighted in the present paper and it also carry number of challenges faced by homestay tourism. Some proposed measures to improve homestay tourism have been given. It has been linked with sustainable development also. As per the expectations of the author, the present paper is going to give a lot of ideas & benefits to not only those people who are connected with tourism and travel but it will also give an idea to the govt., environmentalist, young generation, gen-z (specially residing in Himalayan region), spiritual and religious organisations, people interested in knowing the traditions and culture of other regions and to both guest and host community. The focus of the paper is empowering local and rural communities towards homestay tourism and preserving heritage culture of the people residing in Indian Himalayan Regions. Various marketing strategies to promote home stays has also been highlighted in this paper