Vol. 5(3) March 2012
Research Articles:
The Role of Electronic Commerce in improving Supply Chain Performance
Ascher Jacques
In the electronic commerce era the winds of change are unavoidable in the SC (supply
chain) domain and issues related to its architecture and design gain utmost and
intensive treatment in organizations. Today, more than in the past, an effective,
flexible and innovative supply chain contributes to strategic planning of a company,
supports and enhances its profitability, competitive advantage and core compe-tencies.
In an era of unpredictability, supply chains must be fast and flexible in response,
so that firms can be able to meet demand with supply. Time - based vigorous competition
urges supply chains to be responsive and flexible. Following the above, it is important
to survey the changes that have occurred in the SC in the digital commerce era;
changes essential for supplying proper products, at the right quantity, to the right
customers despite the difficulty in predicting demands.
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Aspects of International Business Ethics
Mahoney James F.
This paper is an analytical examination of the ethical problems posed by the practice
of international business in light of key ethical philosophies and considering the
diversity existing in our world. Special attention is give to the SA 8000 Social
Accountability standard, its origins, its applicability and its potential for helping
to resolve the problems directly and indirectly caused by this diversity.
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Paradigms of Satisfaction Research: A Conceptual Foundation
Bandyopadhyay Nirmalya1, Dubey Jayashree and Purohit Harsh
The notion of satisfaction has been the focal point of interest in the understanding
of human behavior. In academic literature satisfaction has been viewed from various
branches of academics. Satisfaction has been used to indicate the ‘effectiveness
of a marketing system’ in economics, ‘social well-being’ in sociology
and an individuals’ ‘emotional feeling’ in psychology. In analyzing
behavior of consumers, understanding ‘satisfaction’ has become an area
of monumental interest and addressed by the researchers extensively in the last
three decades. This paper aims at presenting a comprehensive account of the major
paradigms of satisfaction research understanding of which is important for marketing
personnel in strategy formulation to ensure customer satisfaction.
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The Importance of Effective and Efficient Team Work in an Organization
Ba Banutu-Gomez Michael
The world of business calls for a high caliber of style, appreciation for diversity
and an understanding of cultures. Leaders, Managers, Employees and Super-visors
in business operate within environments characterized by multinational corporations,
inter-national partnerships, workforce diversity, different organization culture
and all the other hallmarks and hurdles of globalization. Increasingly, successful
leaders, managers, employees and supervisors will be those who are knowledgeable
about the values of collaboration; who know how to build partnerships and joint
ventures, have the ability to design and lead effective teams; the ability to work
in teams and the skills to lead and supervise the workers of the 21st century in
a team setting environment.
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Knowledge Management to meet the Contemporary Challenges and Charms
Chandrasekar K.
National Hsin-Chu University of Education, 521 Nan-Da Rd., Hsinchu City 300, TAIWAN,
R.O.C.
tigercheng@mail.nhcue.edu.tw
“The illiterate of 21st century will not be only those who cannot read and
write but also those who cannot learn, unlearn and re-learn". Knowledge management’
has today become the supreme subject of dialogue in everyone’s walks of life
in all the fields of human development. The competition and the fight for survival
among the organizations and individuals has made it turn back and look ahead with
care about the massive development of knowledge, through techno-logical advancement,
idea exploration, creative thinking and the like.
India as knowledge based economy is based on the concept of "Improving ourselves
by learning from others". In today's scenario, though the environment poses
threat to the economic development through reduced investments, the time is very
favorable for India to make its transition to the knowledge-based economy that creates,
disseminates and uses knowledge to enhance its growth and developments. It is possible
to deliver knowledge at desktop of the users through innovation technology platform
that has been developed widespread across the geographic boundaries.
Nevertheless to mention, the recessionary environment has had its say on the knowledge
field also, making it to reconsider its strategies and revive upon to face the challenges
posed. Reengineering and modernization of the existing basic industrial sectors
in this scenario is one of the big challenges that will help to compete with the
latest technological development in the various sectors of the knowledge economy.
Strengthening and emerging new models and innovations in different fields and disciplines
and learning to deal with tacit knowledge, has also emerged as few other challenges
that the knowledge management has to solve during this strategic period.
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Attributes of Effective Leadership
Harris Peter, Berendt Charles J., Malindretos Ioannis N., Scoullis Moschos and
Williams Richard
Many reasons and arguments have been put forth in an attempt to explain the business
scandals of the past few years. It is logical that when major moral or ethical lapses
occur in society, people attempt to understand what the cause or causes were. We
also tend to make comparisons with past times in an effort to answer the question,
“Are things really worse now, or is it just that the spotlight is brighter
and more focused on current events than in the past?” Some people tell us
that these recent business disasters are largely due to poor management, namely,
that ineffective people managing organizations attempt to disguise mis-management
by unethical and even criminal acts and then exacerbate the damage with lies and
cover-ups. However, if poor management were the root cause, then how do we explain
the dramatic advances in gross domestic product and in productivity per employee
that are documented and objectively measured today?
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Case Study:
Liquidity Analysis through Ratios and Cash Flow with reference to Limited Company
Jagtap Manisha
Finance is lifeblood of any business, the overall success of any business depends
to a major extent on efficient and effective management of funds. Although there
are other managerial problems, the problem of financial management occupies a central
place in the overall management of any organization, even the problems in other
areas in Production, Human Resource or Marketing are linked up with Finance. A firm’s
ability to pay for its current obligations in a timely fashion with minimal cost
is termed as Liquidity. The bankers, suppliers of goods and other short-term creditors
are interested in the liquidity of the concern. If current liabilities may not be
easily met out of current assets, then liquidity position will be bad.
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Time driven Activity Based Costing for Spinning mills
Joseph Jelsy and Vetrivel A.
In today’s advanced manufacturing and competitive environment, accurate costing
information is crucial for all the kinds of businesses, where order size in minimum,
life cycle is too short, no prior data for cost information. Previous research on
ABC has examined pertinent issues related to ABC imple-mentation such as the levels
of ABC adoption in various countries, the reasons for implementing ABC, the problems
related to ABC and the critical success factors influencing ABC. This paper reviews
the improvement in financial performance by implementing the Activity Based Costing
in Spinning Mills.
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A Study on Online Trading and an analysis of Equity Share Price Movement of
selected 5 IT Companies
Logeshwari K.
Financial Management is that management activity which is concerned with raising
funds and creating value to the assets of the business enterprise by efficient allocation
of funds. It is the study of the integration of the flow of funds in the most optimum
manner to maximize the returns of a firm by taking proper decisions in utilizing
the funds. It is concerned with the duties of finance manager in an organization.
Finance manager usually performs financial fore-casting, cash management, budgeting,
proper investment, credit administration and procurement of funds. Modern business
trend has great opportunity for managerial finance. It has a great importance in
every concern because it usually works as a backbone of any business. Investor can
buy and sell equity as well as commodities, insurance etc from home easily during
market time. Equity market is one of the emerging markets in India where the equity
share prices of different IT companies are fluctuating each and every day and it
is very uncertain to determined profitable share.
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Exploring the Relationship between Organization-Based Self Esteem and Burnout:
A Preliminary Analysis
Elloy David and Patil Vivek
This study examines the relationship between Organization- Based Self-Esteem24 and
the three dimensions of burnout i.e. emotional exhaustion, depersonalization and
reduced personal accomplish-ment.20 Our hypothesis was that the three dimensions
of burnout would have a negative impact on OBSE. Data collected from 215 employees
working in a heavy manufacturing plant in the Midwestern part of the United States
supported this hypothesized relationship. The organizational implications of these
results and directions for further research are discussed.
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Does an ATM surrogate a Branch of a Bank?
Padmasree Karamala and Bharathi Devi Anchula
According to survey conducted by Retail Banking Research, the number of ATMs world
wide as on 2005 were 1,544,853 which may cross two millions by the end of 2011.
This figure clearly, shows the tremendous growth of ATMs during the years. Very
interesting to see Asia Pacific region found the largest regional ATM market with
32.30 per cent of the global ATM market. The ATM density in India is far lower than
that of the other developing countries; however ATM installation is growing at a
rapid pace in the county. Currently India has an ATM penetration of about 0.04 per
1,000 people. In India, Nationalized banks accounted for the largest share of the
total installed ATMs. With regard to the installation of the off-site ATMs New Private
Sector Banks had a largest share while nationalized banks occupied largest share
in onsite ATMs installation. Some banks have started mobile ATMs in order to reach
remote areas that may not have a large enough population. Interestingly the ratio
of ATMs to total branches of the respective branches has tremendously increased
after 2005.
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General Article:
Danger: Competent Workers!
Karlins Marvin, Hargis Edyth and Balfour Alan
Effectively managing human resources is a critical factor in achieving organizational
success. Thus, many papers have been written on enhancing the skills and performance
of sub-standard or mediocre employees. This article takes a different tack: how
to successfully supervise competent workers in the organization. It is suggested
that competent employees present their own unique set of challenges at work; challenges
that can be met if the “ABC approach” is utilized with these individuals
in the workplace.
When it comes to human resource management in the workplace, one thing is certain:
learning to effectively manage incompetent or marginally competent subordinates
is critical to organizational success. But what about correctly overseeing competent
employees? To this inquiry, some managers would respond: “What competent employees!?”
or, less cynically, “I don’t worry about my competent subordinates,
they know what to do and they do it.”
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