Vol 2 Issue 1 April 2014-September 2014

Title: ECOTOURISM – THE POTENTIAL AREAS IN NILAMBUR

Author: ASOORA.K

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: Development in the contemporary context is a process whereby minimum progress at the socio-economic, political and technological level is ensured to fulfill the basic needs of human beings. Economic development, includes the development of agriculture, industry, trade, transport, means of irrigation, power resource etc. It thus indicates a process of development. This sectoral improvement is the part of the process of development, which refers to the economic development. The present study has made a comprehensive research regarding the impact of information technology on the profitability of banking sector in India. A sample of 23 banks from various groups has been selected. The profitability parameters were applied and the result was analyzed.

Keywords:  socio-economic, political and technological level, development of agriculture, industry, trade, transport, means of irrigation.

Title: Impact of Information Technology on the Profitability of Banking Sector in India

Author: Mrs. S.Gnana Sugirtham

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: The present article tries to draw the attention about consumers changing paradigm shift from physical shopping to the new trend such as online shopping which not only saves time but it is also  more convenient form of better shopping experience. As Internet is becoming more widely used, online shopping is also growing tremendously. As many businesses are attempting to globalize their sales, Internet becomes the primary means of advertising and selling their products or services worldwide. Trying to gain experience about different customer about marketing. How the consumer use all the online websites.  Consumer trends and convenient about using the websites which reflex’s the consumer shopping patterns. Consumers also reported that they could perceive the potential for time savings and reduced effort compared with traditional forms of shopping. Shopping online is a new and incredible innovation.

Keywords: Online shopping, Paradigm, Patterns, Traditional, Innovation.

Title: Towards E-Marketing – An Empirical study on online shopping in India

Author: Ranjini. M.L

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: Today, the business scenario is seen to be unremittingly changing. Human resource is playing its role as a strategic partner instead of supporting administrative tasks in the organizations because greatest assets of the organization are its people. People though belong to diverse backgrounds therefore possess diverse talents. So, this is an organization’s responsibility to effectively manage the talent of its workforce to succeed in a highly competitive marketplace. Despite a significant degree of academic and practitioner interest the topic of talent management remains under developed. A key limitation is the fact that talent management lacks a consistent definition and clear conceptual boundaries. The specific contribution of the current paper is in developing a clear and concise definition of talent management.

Keywords: strategic, workforce, talent, talent management.

Title: Talent Management: Empirical Research Results

Author: Diksha Garg, Kavita Rani

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: Street Vending has been playing a significant role since inception of the business. It forms part of the informal economy. A large number of people have been depending on this business for their livelihood. It has been identified that in most of the metropolis in India the urban poor survive by working in the informal sector. The reasons being poverty and lack of employment in the rural areas and smaller towns. Thus there is a large increase in the hawker population in Indian metropolis. They provide a valuable service by supporting lot of industries as marketers of their goods. This particular study focuses on finding the evolution of street vending business, contribution of informal sector to GDP in various countries, organising of street vendors and evaluation of the national policy on street vending. This study has adopted exploratory and descriptive design, data was collected from secondary sources which composed of research articles published in journals and research reports published by various institutions. The findings have observed that there has been mushroom growth in the number of street vendors in the major Asian cities. Most of the governments across the world have not recognized street vending as a legal activity and they view these vendors as irritants to the city's development. It has been found that the contribution of informal sector to GDP is 29 percent for Latin America and 41 percent for Asia. It has been identified that Street vendors conduct their business with insecurity. Whenever eviction drives are conducted their wares are confiscated or destroyed. In order to overcome these restrictions street vendors organize themselves into unions that enable them to continue their activities. The government of India has formulated a national policy on street vendors in 2009.The study has bought out the highlights of this policy.

Keywords: Street vendor, informal sector, organising, self-employment.

Title: A STUDY ON THE ORGANIZING OF STREET HAWKING BUSINESS

Author: Dendukuri Indira

International Journal of Management and Commerce Innovations,

ISSN 2348-7585 (Online)

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Abstract: With the increasing Globalization, the Stock Exchange has tremendously affected the financial conditions of India. The stock markets of the future will have a redefined purpose and reinvented architecture due to the advent and widespread use of technology. Information and stock price quotations are available almost instantaneously, and, more importantly, investors can act on this data by executing a trade from anywhere at any time. This new market will bring benefits to investors, the listed companies, and the economies of the company. Trading will become cheaper, faster and settlement will be simpler wit reduced risk. Raising capital for companies will become easier, thereby contributing directly to the Economic Growth. Already, NSE has shown its proactive response by increasingly using leading edge to technologies to effectively compete in the global environment. In the not too distant future, once full capital account convertibility is permitted in India, one could well witness an expansion of trading volumes and its resultant economic benefits to the thriving and ever young metropolis of Mumbai. In spite of all these positive predictions, the future of Stock Exchanges is likely to be uncertain and even their survival is a major question mark.

Keywords:  Stock Market, Exchange system, Trading Procedure, Stock Exchanges, Investors.

Title: STOCK MARKET

Author: BH.L.MOHANRAJU, K.NEELIMA, B.KRISHNA PRASAD

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: The Indian QSR industry is facing major challenges from both demand and supply sides. On one hand, inflation has contracted the purchasing power declining the demand and on the other, macroeconomic instability has challenged the supply situation. India is currently on the eve of development, and the outcome of the macroeconomic reforms made by the newly elected government is still to be seen. Intrigued by the dynamism in the Indian economy, two interns at Ogilvy and Mather conducted a market research aimed at understanding The New Indian Consumer. This collaborative international research involves a combination of both statistical and economic tools to understand and predict the behavior of the Indian Consumer. Veronica B. Jenvild is a Norwegian economics student specializing in the Indian Economy at School of African and Oriental Studies, University of London. Krishni Miglani is an Indian undergraduate management student at Shaheed Sukhdev College of Business Studies, University of Delhi. This report is based on both management and behavior economic tools to analyze ‘The New Indian Consumer’.

Title: THE NEW INDIAN CONSUMER: FOOD SERVICES TRENDS

Author: KrishniMiglani, Veronica Jenvild

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: Foreign Direct Investment has been one of the important elements in the growth strategies of the world’s most successful developing nations. The four larger economies: Brazil, Russia, India and China have emerged as strong economic blocks in the world and FDI inflows had contributed substantially in their economic growth.Having evidenced economic growth either directly or indirectly due to FDI inflows, all the four countries have been reforming their institutions to promote FDI inflows. The increasing promotional activities for inviting larger FDI inflows have led to a competitive environment in FDI attraction among these countries.The current study examines the competitive position of India among Brazil, Russia and China in FDI attraction through the following research questions:What is the position of BRIC’s FDI in world FDI? What is the status of FDI inflows during the period 2001 to 2011in BRIC countries? How was the performance of BRIC’s FDI inflows in contributing to Gross Domestic Product and Gross Fixed Capital Formation?How competitive is India among the other three of BRIC? The study reveals the fact that though India has better scope inFDI attraction, the volume and rate of growth is low while compared to Brazil, Russia and China, while China has out performed and Brazil has attracted good volume of inflows. All the four countries managed to recover during the post- economic crisis, but at a different speed. The current paper thus discusses the position of India among BRIC countries in FDI attraction.

Keywords: FDI inflows, emerging economies, BRIC, GDP (Gross Domestic Product), Gross Fixed Capital Formation

Title: A Comparative Assessment of FDI in BRIC countries with special focus on India’s Position

Author : Mathipurani V. B, Rachel Nancy Philip

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: The purpose of this paper is to explore various horizons of Merger and Acquisitions related to the Indian Petrochemical sector in particular. This includes various aspects of Merger and Acquisitions providing the basic terminologies involved. To highlight the impact of M&A on the companies a case study on Reliance Industries Ltd. and IPCL has been taken into account. It compares the position of the company during the pre and post merger period with the help of financial parameters like the ratio analysis which include Return on Total Assets (ROTA), Return on Capital Employed (ROCE), Return on Equity (ROE), Gross Profit Margin, Net Profit Margin, and Debt-Equity Ratio. This study also takes into account the independent t-test for testing the statistical significance and this test is applied not only for the ratio analysis but also to test the effect of Merger and Acquisitions on the performance of RIL. All these calculations are completely based on the data available from the company financial data.

Keywords: Merger and Acquisitions, Indian Petrochemical sector.

Title: MERGERS AND ACQUISITIONS ANALYSIS WITH THE CASE STUDY METHOD

Author: Prateek Agarwal, Rahul Mittal

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: Banks can provide important leadership for the required economic renovation that will provide new opportunities for financing and investment policies as well as portfolio management for creation of a strong and successful low carbon economy. Green banking means combining operational improvements, technology and changing client habits in banking business. It is a win-win situation for all to bring benefits in an increasingly competitive marketplace. Adoption of greener banking practices will not only be useful for environment, but also benefit in greater operational efficiencies, a lower vulnerability to manual errors and fraud, and cost reductions in banking activities. Banks are already offering many of the services necessary for businesses to enjoy these benefits. This paper has made an attempt to highlight the major benefits, confronting challenges, strategic aspects of Green Banking. It has also presented the status of Indian banks as far as Green Banking adoption is concerned. It is found that there has not been much initiative in this regard by the banks in India, though they play an active role in India’s emerging economy. Banks should go green and play a pro -active role to take environmental and ecological aspects as part of their lending principle, which would force industries to go for mandated investment for environmental management, use of appropriate technologies and management systems. This paper tries to find out the ways to Go Green through 'Green Banking'.

Keywords: Green Banking, Corporate Social Responsibility, Environmental issues, Global Warming, Sustainable Development, Low Carbon Economy.

Title: GREEN BANKING PRACTICES IN INDIAN BANKS

Author: K.SUDHALAKSHMI, Dr.K.M.CHINNADORAI

International Journal of Management and Commerce Innovations,

ISSN 2348-7585 (Online)

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Abstract: This research paper describes the invention and accessibility of internet connectivity and powerful online tools has resulted a new commerce area that is e-commerce deals with selling and purchasing of goods and services through internet and computer networks. E-commerce can enhance economic growth, increase business opportunities, competitiveness, better and profitable access to markets. E-Commerce is emerging as a new way of helping business enterprises to compete in the market and thus contributing to economic success. In this research paper we will discuss about advanced SWOT Analysis of E-Commerce which will comprise of strengths, weakness, opportunities and threats faced by e-commerce in current scenario.

Keywords: E-commerce, competitive advantage, Internet.

Title: E-Commerce-SWOT Analysis

Aithor: Ms. Dhanashri Patil

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: In the modern era of globalization, consumers are also aware of environmental issues like global warming and the impact of environmental pollution. Green marketing is a phenomenon which has developed particular importance in the modern markets. And has emerged as an important concept in India as in other parts of developing and developed world, is seen as an important strategy of facilitating sustainable development.

In the emerging world the concept of pollution free activity is given more important in the entire sector and all stages. The environmentalists are targeting industrial sectors as the major contributors for depilating natural recourses and environmental distribution. Hence, both production marketing division and industries are stressed more to take utmost care in these areas along with fulfilling the market demands.

“To overcome these difficulties as a new concept has born in the present globalised world where production, consumption and also marketing of the products can be carried effectively insuring environmental safety, this concept named as green marketing”.

In this paper will attempts to introduce the concept of green marketing, meaning, need and importance of green marketing and also examine some reasons that make the organization interested to adopt green marketing philosophy, explaining challenges that organization may face to implement green marketing.

Keywords: Green marketing, green myopia, Eco-friendly, environment safety, green products, green marketing mix.

Title: A CONCEPTUAL SYUDY ON CHALLENGES & OPPORTUINTY OF GREEN MARKETING IN DEVELOPING COUNTRIES

Author: Mr.Ankit Katiyar, Mrs.Nikha Katiyar

International Journal of Management and Commerce Innovations,

ISSN 2348-7585 (Online)

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Abstract: Bathing soap are fast moving consumer goods that have seen a surge in their sales in the past few decades in India more and more people are opening up to the idea of experimenting and trying out newer bath soap. This study is attempt to cover the various factors that influence the buying decision of consumers who plan to purchase and or used bath soap.

FMCG sector is the fourth largest sector in India touching everybody life’s in everyday. The FMCG goods sector is vital contributor to India’s gross domestic products . the field of consumer behavior is the study of individual, group, organization and the process is used to select, secure , use and dispose of products and services that satisfies their needs. The Indian soap industry includes about 700 companies with combine annual revenue about $17 billion and also spread all the major metropolitan cites. India per capita consumption of soap is at 460 grm. Per annum.

The Indian market capitalization of bath soap industries is 70% of India’s population resident in rural area and 50% soaps are sold in rural market. To attain this objective, a survey was developed and administered across some part of Uttar Pradesh.

Keywords: Consumer buying behavior, FMCG, Bath Soap, Demographic factors, Psychographic factors, Behavioral factors.

Title: AN EMPIRICAL STUDY OF INDIAN CONSUMER BUYING BEHAVIOR OF FMCG PRODUCTS (WITH SPECIAL REFERENCE OF BATHING SOAP),

Author: Mr. Ankit Katiyar,  Mrs. Nikha Katiyar

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract:  It is overt that improving organizational growth has become one of the prime goals of human resource management. Organizational performance is the synergetic sum total of the performance of all employees in the organization. As employees are one of the most valuable assets of the organization that can make things happen, the practice of performance evaluation is an inherent and inseparable part of the organizations’ life. Hence, this study is targeted to assess the effect of employees’ fairness perceptions on their satisfaction towards performance appraisal practices in the University of Gondar. The underlying assumptions here is that employees’ perceptions of distributive, procedural, informational and interpersonal fairness parameters are highly associated or determine their satisfaction on the performance appraisal practices of their institution. Cross sectional descriptive survey design was employed. Using stratified random sampling technique 230 participants (employees) of the target institution-UoG were selected from the total population of 1913.  The primary data collected using Walsh (2003, p. 56) adapted standard questionnaire were subjected to subsequent statistical analysis using SPSS software. Accordingly, the total perception responses of the participants on the overall fairness parameters with (M=2.46, β =.877, P<0.000) found to be significantly and highly correlated with overall satisfaction (M= 2.37) of the performance appraisal practices.  Specifically, each of the fairness dimension variables interpersonal (M=2.65, β= .153, P<0.001), procedural (M=2.40, β = .545, P<0.000) and informational fairness (M=2.42, β =.246, P<0.000) parameters, except distributive fairness (M=2.40, β =.025, P<0.610), are found to be significantly correlated with the overall satisfaction. These results imply that the employees in UoG generally did not perceive the performance appraisal practices in the institution as fair. Similarly, their overall satisfaction on the performance appraisal practices of the University is low (below the average). Therefore,  in order to be effective in achieving its targeted goals and objective  the UoG is required to reevaluate its performance appraisal practices specifically on the three basic dimensions of fairness parameters and their associated variables: clarifying expectation standards, providing feedback, rating decisions, respectfulness of supervisions, sensitivity of supervisions, setting employees performance expectations, raters confidence and appealing procedures.

Keywords: Performance evaluation, Organization fairness, Employees’ perceptions and satisfaction of Performance appraisal.

Title: THE EFFECT OF EMPLOYEES’ FAIRNESS PERCEPTION ON THEIR SATISFACTION TOWARDS THE PERFORMANCE APPRAISAL PRACTICES

Author: Belete Getnet, Tariku Jebena, Assefa Tsegaye

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: The aim of the study is to assess the perception of performance appraisal practice of ANRS office of the auditor general and its effect on employees’ work outcomes, in the form of work performance, affective commitment and turn over intention as well. To undertake these general objective six specific objectives with their underling hypothesis were designed and assessed by quantitative& qualitative research design. To set background information on the proposed hypothesis the theoretical, conceptual and empirical related literatures were reviewed and most of the literatures finding implies that perception of employees on performance appraisal system had a significant influence on their work out comes.

In conducting this study, the required data is obtained through structured questionnaires and interview. The structured questionnaire was adopted from four prior related studies. To check the reliability and validity of the adopted instruments the Cranach’s coefficient alpha test and the construct and content validity test was carried out. To determine the sample from the total population of 202 employees, first, the target population was stratified in to seven stratums (based on business processes) and then to select respondents from each stratum simple random sampling technique was applied; having this, the researcher uses formula based-sample size determination. Basically, a total of 134 questionnaires were distributed to the sampled employee, among these 119 were returned, of which, 9 responses are uncompleted. Thus, 110 returned questionnaires (i.e. representing 82% of response rate) are analyzed using statistical package for social science (SPSS version 16). In the analysis descriptive statistics, correlation analysis and simple regression analysis was performed.

The descriptive finding of the study shows that in ANRS office of auditor general employees had low level of perception towards the existing performance appraisal practice. Employees of ANRS offices of the auditor general have high level of work performance, low level of affective organizational commitment and moderate level of turn over intention.

The correlation analysis result also indicates employees’ perception of performance appraisal practice had positive and significant relationship with work performance and affective organizational commitment; negative and significant relationship with employees’ turnover intention. Whereas the finding of simple regression analysis indicates employees’ perception of performance appraisal practice had positively and significantly influence work performance and affective organizational commitment whereas, negatively and significantly influence employees’ turnover intention. Therefore, it is recommended that, the organization should have to implement performance appraisal practice in the best possible way; there is the need to develop a good feedback system, appropriate and adequately filing, discussing appraisal results, design ways to communicate appraisal results, review appraisal on due attention, participatory appraisal rating system and have to design procedure to make aware of every employee about the appeal process. In doing so, human resource department should play a vital role in the overall process of performance appraisal.  Finally, it is forwarded that further research has to be done in more completed and comprehensive way.

Title: The Effect of Employees’ Perception of Performance Appraisal on Their Work Outcomes

Author: ABRAHAM ZEWDIE BEKELE, ASSEGID DEMISSIE SHIGUTU, ASSEFA TSEGAY TENSAY

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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