Vol 3 Issue 2 October 2015-March 2016

Abstract: This study discusses the supplier selection criteria among the manufacturing company in the first Cavite Industrial Estate (FCIE) located in General Trias Cavite province, Philipppines It discusses the factors and criteria that affect decision making of manufacturing in choosing the best suppliers for the manufacturing companies in FCIE. The study was based on an interview of conducted the manager and supervisor of one the selected manufacturing companies to seek the risks in choosing a supplier to satisfy the needs of customers. The researchers also gathered data were also gathered data through the response of the employees working in the selected manufacturing companies along FCIE. The research are to analyze the factors affecting the selection of effective supplier for the manufacturing companies in FCIE and sought to investigate how single sourcing and multi sourcing can effect these factors.

Keywords: Supplier Selection Criteria, Manufacturing Companies, First Cavite Industrial Estate, Single Sourcing and Multi-Sourcing.

Title: Supplier Selection Criteria among Manufacturing Companies in the First Cavite Industrial Estate (FCIE) In the Philippines

Author: Alfredo G. Bulatao, Elizabeth Y. Collins, Kenneth L. Abendan, Emman Cris O. Cahayag, Mary Ann T. Garces, Eloisa-Mariz V. Mallari, Amiel Christian G. Placido

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: Change is inevitable. Every organization must adapt to the changes happening around them in order to survive as a business. The education industry is also changing. Universities are becoming more dependent on web technologies to deliver their services. The same web technologies are also utilized to run the administrative operations within a university. These technologies are constantly evolving and thus universities will have to replace or upgrade their existing systems from over time. This transition from the current state to the future state must be structured according to a change management methodology. We will evaluate the 4Ds (4Ds stand for Diagnose, Design, Develop and Deliver)  change management model in order to determine its viability for use at Institutes of Higher Learning (IHLs) that plan to roll-out new IT projects/systems. We selected the International Islamic University Malaysia (IIUM) as our subject for this case study. This study focuses on evaluating the 4Ds model by means of questionnaires based on the key focus areas of the model. A total of twenty questionnaires were received from senior-level executives of various key centres, divisions and offices at IIUM. The results were analyzed and discussed and thus the study concluded the suitability of the 4Ds model for use at IHLs for rolling out new IT projects.

Keywords: 4Ds Change Model, Higher Learning Institutes, Malaysia IT Projects, Change Management.

Title: Evaluating the 4Ds Change Management Model for its Potential Implementation in Managing the Change for IT Projects: A Case Study of Higher Learning Institutes in Malaysia

Author: Mehran Qadri, Mohammad Khalid Hussain, Abdul Rahman Bin Ahmad Dahlan

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: Vietnam has various advantages in agricultural production. Many Vietnamese agricultural products are not only sold in the domestic market, but are also exported to other countries. Despite the quality taste, most Vietnamese products are suffering from low prices. Moreover, Vietnam also has difficulty in looking for external markets, because of the setbacks from a series of food-related mishaps, and the struggle to meet stringent requirements of potential markets. To deal with this, the Food Traceability System (FTS) has been introduced in Vietnam. However, the effect is not noticeable as expected. The main purpose of this study is to determine the impacts of reducing uncertainty on the attitude and perception of customers toward the FTS, and to provide implications about the adoption in the Vietnamese agriculture. This study fulfills these objectives by applying the modified model of Pavlou et al. (2007) on data obtained through a survey questionnaire of Vietnamese consumers. The findings of the study showed that the reduced uncertainty leads to an increased level of purchase intention and customer loyalty. Furthermore, the study also found that Vietnamese customers are willing to buy more traceable products and are eager to repeat their purchase, but with the condition of reasonable prices. Finally, the present study suggested that a web-based system should be created to facilitate principal-agent relationship and provide consumers with credible detailed information.

Keywords: Food Traceability System, Vietnamese agro-products, purchase intention, price premium, loyalty.

Title: Adopting the Food Traceability System in Vietnamese Agriculture and its Effects on Customer Behaviors

Author: Kuo-Chen Li, Chi-Chung Nguyen

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: Most farmers in developing societies are poor especially in Nigeria. They encounter many challenges that make them seldom benefit or gain from their agrarian endeavors. Many measures have been adopted by various people and therefore this paper intends to create additional solution to the problem. In this paper we introduce Lease Finance system to boost rural agriculture. Using this system, African governments can revive their agricultural sector and increase and improve its exports.

Keywords: Lease Finance, Nigerian agricultural industry, and rural farmers.

Title: ADOPTING LEASE FINANCE AS A WAY TO BOOST RURAL AGRICULTURE IN NIGERIA AND THE DEVELOPING WORLD

Author: Franklin Chiemeka Agukwe

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: The Role of Social Capital on performance and Competitiveness of Small and Medium Enterprises (SMEs) of Woodcraft Industry in the region of Sarbagita Bali Province – Indonesia. This study aims to get a view of the potential of social capital, the SME business competence also the competitiveness of handicraft industry in Sarbagita Bali Province. The results showed that social capital influence business performance, it has positive and significant impact on business performance. Social capital has also positive and significant impact on the business performance and affects the business competitiveness. So it can be stated that the existence of social capital becomes particularly relevant if it can be translated into action in order to establish unity of action in the management of businesses in the SME environment in Sarbagita region of Bali Province. This study recommends that social capital will strengthen the competitiveness of the SME businesses in the face of global market competition, especially in the export-based woodcraft industry.

Keywords: The role of social capital, performance, business competitiveness, and woodcraft industry.

Title: Role of Social Capital on the Performance and Competitiveness of Woodcraft Industry in Bali Province - Indonesia

Author: Gede Santanu, Prof. Dr. Made Kembar Sri Budhi, MP, Prof. Dr. Made Sukarsa, SE., MS, Dr. I Gede Sudjana Budiasa, SE., MS

International Journal of Management and Commerce Innovations

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Title: Bond Market –An Overall View

Author: Ms. Snigdha

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Title: FDI in India and Its Effects on Capital Flow

Author: Ms. Snigdha

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: With the numerous scandals that have been in the limelight and various manipulations that have been taking a round in the corporate sector, there arose an urge to bring transparency in financial statements. This has been brought up by a much-awaited attempt made by the Ministry of Corporate Affairs by bringing changes in the format of the Balance Sheet and Statement of Profit and Loss so as to maintain consistency with international standards which would further benefit the end users of the financial statements thereby bringing more transparency and understanding. The revised schedule is compulsory to be adopted uniformly by all firms except certain categories of industries which are regulated through their own acts.The Balance sheet and now termed as Statement of Profit and Loss have been prescribed with a specific vertical format. The format changes have been brought up for better clarity and categorization of the same. The most important of all is the introduction of operating cycle for every industry thereby leading the map towards realism. Many of the concepts or the basic details that were kept under wraps have been made explicit in the revised schedule VI.

Keywords: Financial statements, Companies Act 2013, Balance Sheet, Profit and Loss Statement. JEL Classification: G34, G38, M48, K20.

Title: Financial Statements as per Revised Schedule VI- An overall view

Author: Ms. Snigdha

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: The lack of depth and liquidity in corporate bond market can be attributed to structural weaknesses such as dilatory and ineffective legal regime; ceiling imposed on domestic and foreign institutional investors and cumbersome compliance procedures. The total value of outstanding corporate bonds issued by Indian firms stand at around 200 billion US $. FIMMDA is the most preferred platform for reporting of trades. Corporate bond issuances by Indian companies and turnover in the India market is not only low, they are far below the turnover seen in equities (only cash segment) on NSE. Most of the trading is concentrated in public sector bonds issued by infrastructure sector companies and financial institution. The market for bonds rated BBB and below is almost non-existent and majority of trading is concentrated in AAA rated bonds.

Keywords: Institutional investors, Corporate Bonds, liquidity, PSU JEL Classification: G 23, G 20, G 12.

Title: FLEDGLING - CORPORATE BOND MARKET AND THE LIQUIDITY PATTERN

Author: Ms. Snigdha

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: An Organization structure is a framework of organization objectives and strategy.  Every organization has its own structure based on the strategic goal in turn to operate efficiently. Globalization has created the dynamic market and increased the cut throat competition. Incase organization require more flexible, open, transparent structure. Structure is depending upon the size, aims and industry. Organization structure includes, value and beliefs of the organization, organization plan and practices, relationship between the department and people. To achieve strategic goal it is important that every employee is assigned with clear objectives and roles to perform. Poorly designed organizational structures will result in improper, sluggish and inefficient communication among the departments and unwanted outputs. Well-designed organizational structures will produce fast and clean decisions through an efficient communication channels. For this purpose qualitative and quantitative data were collected from Five-Stars Hotels of National capital region (NCR) & selected cities of Rajasthan. The result illustrates importance of organisation structure in achieving competitive advantage. It also agrees that SHRM variables are very important to design organisation structure according to the demand. Further, the paper also focuses on the different types of organization structure, organizational practices, strategic implementation and current structure of the organization.

Keywords: organization structure, organizational practices, strategic implementation, competitive advantage, SHRM Practices.

Title: Organization Structure a Key to Driver to Competitive Advantage

Author: Poornima Mathur, Prof. Manju Nair 

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: Money plays an important role in one’s life. In order to overcome the problems in future they have to invest their money. Investment of hard earned money is a crucial activity of every human being. The importance of an investment is safety of principal amount, liquidity, income stability, appreciation and easy transferability. A variety of investment avenues are available such as shares, bank, gold and silver, real estate, life insurance and postal savings and so on. Investment is the commitment of funds which have been saved from current consumption with the hope that some benefits will be received in future. Through this study, an analysis has been made to know awareness and preference of investors towards investment avenues in Namakkal district. All the investors invest their surplus money in the above mentioned avenues based on their risk taking attitude. “No pain no gain” it is the golden principle of investment management. In this fast moving world, we can earn more and more money. More risk leads to more profit. Investors cannot avoid risk but they can minimize the risk by investing their money in various forms of investments so that they can get a moderate profit. Hence the researcher has concluded that most of the investors prefer bank deposits followed by gold investment in the study Area.

Keywords: investors towards, amount, liquidity, income stability, appreciation and easy transferability.

Title: Investors Awareness and Preference towards Various Investment Avenues in Namakkal District

Author: R. Murugesan, G. Santhi

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Title: Vietnam Laws on Enterprise

Author: HO XUAN THANG

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: In this paper, the Consumer Price Index (CPI) of India is tested on whether it is generated from a stationary process for the purpose of which, a set of time series data on CPI with 4,420 observation arranged on daily basis from November 10, 2003 to December 16, 2015 is retrieved from the official website of National Bureau of Economic Research. The testing procedure includes fitted OLS regression on which the Augmented Dickey Fuller (ADF) and Phillips-Perron (PP) unit root test are computed. The statistical analysis of both ADF and PP exhibit a smaller test statistic value for CPI than the critical value at 0.05 which means that CPI is not generated from a stationary process and it follows unit root at level, though, it follows unit root and it is stationary at its first difference. Therefore, we reject the null hypothesis in favor of the alternative.

Keywords: CPI; Unit Root; Stationary Process; Augmented Dickey Fuller; Philips-Perron.

Title: Is CPI Generated from Stationary Process? An Investigation on Unit Root Hypothesis of Indi’s CPI

Author: Mohammad Naim Azimi

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: In this study, our aim is to practically apply the balanced scorecard (BSC) technique to facilitate or use as a strategic performance metrics for Bexley village library, which is currently being managed by group of volunteers called Bexley village community library. In our study we examine how the Bexley volunteer group can adopt and implement the BSC to achieve its mission and objectives for the local community library. The paper examines the four key perspectives of the BSC and Key Performance Indicator (KPI) which the council can use to monitor the overall performance of the volunteers group.

Keywords: balance scorecard, strategic performance, local community, Key Performance Indicator.

Title: Balance Score Card: An Implementation of Strategic Performance Metric

Author: Sunny O. Temile, Dadang Prasetyo Jatmiko, Dr. Eyesan Leslie Dabor, Mr. Enakirerhil Lucky

International Journal of Management and Commerce Innovations

ISSN 2348-7585 (Online)

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Abstract: Banks play an active role in the economic development of a country. The banks mostly deal with money collected in the form of deposits along with their own funds in the  form of share  capital and resources constituting around 5% of total resource of the of the banks. Therefore the banks have the obligation of meeting the demand of the customers promptly, paying interest for the   amount and meeting the expenses to carry out it activities. This necessitates the banks to maintain adequate liquidity and earn required profit from its activities.

Title: A Study on Financial Performance of Selected Public Sectors Commercial Banks in India

Author: C. Kandasamy, R. Chandrasekaran

International Journal of Management and Commerce Innovations

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