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Full-Text Articles in Business

Three Gorges Dam - Stochastic Perspective For The Project Planning Issues, K. L. Chandrasekhar, D. P. Kothari Apr 2022

Three Gorges Dam - Stochastic Perspective For The Project Planning Issues, K. L. Chandrasekhar, D. P. Kothari

Management Dynamics

Yangtze River in China has been playing havoc, for centuries, causing devastation and destruction to lives and property due to the monsoon floods. To arrest this and to improve the living conditions for millions of Chinese, the Government has taken a bold initiative to 'tame' this mighty river with the construction of a 600 feet high dam, spanning over a mile and half, and extending the Dam to a distance of 350 miles upstream to tap 18200MW of Hydro Electric Power. The sheer size of the Dam and the complexity in this Project execution has never been witnessed in the …

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Twelve Concepts Drawn From Life Experiences Useful For Students, Cynthia Tse Kimberlin Apr 2022

Twelve Concepts Drawn From Life Experiences Useful For Students, Cynthia Tse Kimberlin

Management Dynamics

A list is given of twelve observations generated by the author's remarks made in Parts 1 and 2 that might prove useful in management discussions.

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Network Nirvana: Managing Knowledge In The Postmodern Organization, Pushpendra Priyadarshi Apr 2022

Network Nirvana: Managing Knowledge In The Postmodern Organization, Pushpendra Priyadarshi

Management Dynamics

Knowledg-the insights, understandings, and practical know-how that we all possess, is the fundamental resource that allows us to function intelligently. The present day challenges of an organisation makes it imperative for them not to rely upon the age old way of remaining competitive in the market necessitating the knowledge creation and consistent innovation. Over time, considerable knowledge is also transformed to other manifestations as these transformations result in cumulated expertise and, when used appropriately, increased effectiveness. Knowledge is one, if not the, principal factor that makes personal, organizational, and societal intelligent behavior possible. Given the importance of knowledge in virtually …

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Events That Shaped My Thinking, Cynthia Tse Kimberlin Apr 2022

Events That Shaped My Thinking, Cynthia Tse Kimberlin

Management Dynamics

Issues with which I had to contend are discussed within the context of historical precedent and family influences; discriminatory practices; the politics of political correctness; mentors; gender roles; and the interconnectedness of chance, choice, and opportunity, all of which could serve as catalyst for addressing management issues and new research paradigms.

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How Bruce Lee Almost Met Chou En-Lai: Another View - From A Peace Corps Volunteer In Eritrea, Cynthia Tse Kimberlin Apr 2022

How Bruce Lee Almost Met Chou En-Lai: Another View - From A Peace Corps Volunteer In Eritrea, Cynthia Tse Kimberlin

Management Dynamics

Part 2 is an account of the author's two-year tenure as a US Peace Corps Volunteer and subsequent visits to Ethiopia as a US election observer, Fulbright lecturer/researcher, and conferee. The content focuses on circumstances in which the author found herself and how she dealt with them as an outsider and as an American of Chinese descent living and working in Africa. She also alludes to aspects of her Peace Corps experience in Part 1 as they pertain to issues not clarified in Part 2. And occasionally she makes references about events occurring on dates not indicated within the specified …

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Chance, Choice, And Opportunity: Effective Tools For Management, Cynthia Tse Kimberlin Apr 2022

Chance, Choice, And Opportunity: Effective Tools For Management, Cynthia Tse Kimberlin

Management Dynamics

This account offers students and professionals, thoughts on useful strategies in management situations based on the author's life experiences. Since the majority of the readers of Management Dynamics come from India and Southeast Asia, the remarks are directed with them in mind but they could be applied elsewhere as well. The author's career trajectory was not planned. Although 90 percent happened by chance, chance was not entirely random but led to choice and opportunity. 10 percent was devoted to strategic planning and preparation. Her expertise lies not in management studies but in the field of ethnomusicology, that is, a process …

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A New Genre Of Business Communication: How To Make A Black Box Transparent, Magoroh Maruyama Apr 2022

A New Genre Of Business Communication: How To Make A Black Box Transparent, Magoroh Maruyama

Management Dynamics

With this article, I am creating a new genre of business communication: how to make a "black box" transparent. For many managers and administrators, science and technology remain mysterious and even scary black boxes. Actually they are neither mysterious nor scary if you know how to open them, and see through them. This article shows you the method. On your part, you have to make efforts to follow the steps without skipping them. Once you have seen the black box transparent, you gain not only a more contextualized vision, but also the ability to organize interactive inventions among heterogeneous specialists …

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Aesthetic Preference For Nonredundant Complexity: Key To Creativity, Magoroh Maruyama Apr 2022

Aesthetic Preference For Nonredundant Complexity: Key To Creativity, Magoroh Maruyama

Management Dynamics

The basic principle of all biological and social, and some physical processes is increase of interactive heterogeneity, which evolutionarily raises the sophistication level of intraspecific and interspecific systems. Primates, including humans, and other species of animals such as elephants, are known to create multicolor pictorial patterns on a canvas, holding a painting brush in a hand, or in the case of elephants, wrapping the long "nose" around a painting brush. Therefore the pattern creation has a long evolutionary history. Humans and monkeys branched off 6 or 7 million years ago. Humans and elephants much earlier. Another important consideration is the …

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Retailing In Kerala: Factors Affecting Growing Retail Market In The State, P. K. Baby, K. R. Nisha Apr 2022

Retailing In Kerala: Factors Affecting Growing Retail Market In The State, P. K. Baby, K. R. Nisha

Management Dynamics

Emergence of organized retailing is a hotly debated issue in the state for last few years. Unfortunately, there is dearth of detailed investigations regarding the scope and implications of organized retailing in the context of Kerala. Retailing industry is one of the most promising segments in the state. However, very large retail formats are at infancy stage. This paper attempts to identify major factors that determine growth of retail industry in the state. The study identifies economic growth, favorable demography, consumption pattern, urbanization and employment pattern as the key drivers of retail growth in the state. Based on a household …

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Impact Of Organized Retail On The Purchase Of Fresh Food Items: A Comparative Analysis Of Organized And Unorganized Retail, Urvashi Makkar Apr 2022

Impact Of Organized Retail On The Purchase Of Fresh Food Items: A Comparative Analysis Of Organized And Unorganized Retail, Urvashi Makkar

Management Dynamics

Competitiveness and search for profits have called more attention towards customer satisfaction and increased researcher's interest on the topic of service quality. In this context, this research paper applies SERVQUAL for assessing service quality in a retail industry. The main objective is to assess quality service dimensions that are hindering the growth of organized retailing of fresh food items in India. This work was performed in two hundred shops, including Subhiksha outlets, located throughout the NCR in the month of July-august 2008. A questionnaire was developed based on the service quality dimensions, the customers for gathering data from which results …

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Modelling The Brand Equity Using Structural Equation Modelling, S. Chandrasekhar, Chabi Sinha Apr 2022

Modelling The Brand Equity Using Structural Equation Modelling, S. Chandrasekhar, Chabi Sinha

Management Dynamics

Modelling the Brand Equity is a must for any corporate. How much a brand is worth? Brands dijfer in their power and value in the market place. Brand Equity is the estimated value of premium customers are willing to pay for using a branded product compared to an unbranded product. Brand is an intangible assets and it is difficult to measure it directly. Brands, however, do not necessarily last forever Hence it is important that they are monitored over a period of time. Structural Equation Modelling methodology (SEM) provides a method to model brand equity that cannot be directly measured. …

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Building The Future Group The Central Way, Vijay Prakash Anand Apr 2022

Building The Future Group The Central Way, Vijay Prakash Anand

Management Dynamics

The objective of the paper is to highlight the importance of innovation in designing different retail formats. The paper deals with the unique retail format 'Central', a subsidiary of Pantaloon Retail (India) Ltd. under Future Group. With the motto of 'Shop, Eat and Celebrate', Central has been attracting thousands of customers everyday and creating a benchmark into this segment.

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Consumer's Preference On Food Retail Store Attributes In India, Jabir Ali, Sanjeev Kapoor, Tribhuvan Nath Apr 2022

Consumer's Preference On Food Retail Store Attributes In India, Jabir Ali, Sanjeev Kapoor, Tribhuvan Nath

Management Dynamics

This paper examines how consumer prefer a variety of attributes of food retail stores while making food purchase decisions and evaluate the effects of socio-demographic factors on their preferences for these market attributes. A sample of 621 urban consumers was personally surveyed using structured questionnaire from six district headquarters of Uttar Pradesh. Simple statistical analysis were carried out such as descriptive statistics, frequency distribution, cross tabulation, analysis of variance and factor analysis to assess the consumer's preference for food store attributes. Analysis of consumers' responses on food store attributes indicates that food retailers should aim to offer a variety of …

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Organizational Environment And Innovation, Magoroh Maruyama Apr 2022

Organizational Environment And Innovation, Magoroh Maruyama

Management Dynamics

There is a popular notion that the life of innovators and inventors is a glorious and enviable one because they have talents which others do not have, and because they can overcome any obstacles. These talents are, in the popular interpretation, something mysterious, indefinable and inimitable. But in reality, the innovators and inventors have to deal with many serious and pernicious obstacles which are unknown to other people. Those who are unaware of the obstacles must become aware of them and must reduce them, because the reduction of these obstacles will greatly facilitate the works of innovators and inventors. Another …

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Enterprise Hospitality Management, Outsourcing Economics And Value Creation: A Case Study, K. M. Mital Apr 2022

Enterprise Hospitality Management, Outsourcing Economics And Value Creation: A Case Study, K. M. Mital

Management Dynamics

Every organization has several stakeholders including customers and vendors, who often visit organization frequently, and in many cases have to stay overnight and in some cases for several days. Enterprise hospitality management (EHM) in a large business firm accordingly becomes an important organizational function as customers, vendors, and other trading partners visit the company every now and then. In view of the importance of EHM, large firms generally maintain their own guesthouses or transit accommodation for the company visitors. However, there can arise many situations when numbers of visitors are much more than they can be internally accommodated in the …

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It, Social Capital And The Digital Ecosystem: A New Approach To Online Content Co-Creation, Radhika Rajagopalan, Runa Sarkar Apr 2022

It, Social Capital And The Digital Ecosystem: A New Approach To Online Content Co-Creation, Radhika Rajagopalan, Runa Sarkar

Management Dynamics

In this paper, we explore how the dynamics of knowledge transfer within a community depends on social capital and how the synergies generated by social capital can positively impact the co-ordination between member-nodes. This could lead to the evolution of a more complex and multi functional ICT enabled socio-technical system capable of enhanced co-creation of knowledge. In this context, we present the Digital Ecosystem (DE) concept as a prototype for a sustainable knowledge synthesizing network. A Digital ecosystem describes an ICT enabled network that displays associative and autopieotic properties. In other words, not only is a so defined network capable …

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An Analytic Hierarchy Process (Ahp) Framework For Selecting Flexible Manufacturing System, Mohammed Ali, Mukesh Kumar Apr 2022

An Analytic Hierarchy Process (Ahp) Framework For Selecting Flexible Manufacturing System, Mohammed Ali, Mukesh Kumar

Management Dynamics

The main objective of this paper is to propose a structured model for evaluating different Flexible Manufacturing System (FMS) using the Analytic Hierarchy Process (AHP). The paper aims to demonstrate how the model can help in taking correct decisions regarding the type of manufacturing flexibility needed for best FMS. This is because huge amount of money is invested to implement FMS in the industry. Hence, managers need to take judicious decision regarding the type and level of manufacturing flexibility. There are a number of manufacturing flexibility being reported in the literature. In this paper the most fundamental types i.e., machine, …

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Rotating The Pyramid: Towards A New Vision Of Holistic Globalization And Holistic Development, Subhash Sharma Apr 2022

Rotating The Pyramid: Towards A New Vision Of Holistic Globalization And Holistic Development, Subhash Sharma

Management Dynamics

Metaphor of 'pyramid' has been widely used in the top down approaches to development. Organizations and societies have been structured around the idea of pyramid. In fact, study of history shows that one type of pyramid has been replaced by another type of pyramid. In many countries, 'Feudal pyramid' was replaced by, 'Socialist pyramid'/'Communist pyramid' and during recent years it has been replaced by 'Market pyramid'. During the era of 'socialist pyramid', reaching out to the bottom of pyramid was the key note of a responsive State. During the era of the 'market pyramid' we hear a similar echo in …

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Interdependence, Integration And Co-Creation, Yogesh Agarwal Apr 2022

Interdependence, Integration And Co-Creation, Yogesh Agarwal

Management Dynamics

The Indian Banking landscape is vast and complex. The monolithic public sector banks and single unit co-operative banks comprise two distinct ends of the spectrum, with private sector banks, regional rural banks and foreign banks populating the intermediate space. The complexity of the banking system can be assessed from its pure bandwidth, straddling 21 public sector banks, SBI and its seven associates, 25 private sector banks, 29 foreign banks, around 100 regional rural banks and around 1800 urban co-operative banks. Between them, these banks have deposits of around Rs. 29 lakh crore, advances of around Rs. 2 0 lakh crore …

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Factors Influencing Internet Banking Adoption: An Empirical Study, Kamal K. Gupta Apr 2022

Factors Influencing Internet Banking Adoption: An Empirical Study, Kamal K. Gupta

Management Dynamics

In the modem era banks can not afford to ignore the importance of Internet as a delivery channel. Although Internet banking offers several advantages, majority of banks' customers are not using Internet banking as reported in several studies. This paper attempts to identify the factors that influence the adoption of Internet banking and how these factors impact Internet banking usage. A survey of Internet banking users was conducted in the National Capital Region of India, at select locations. Based on literature survey and focus group interviews, research model and hypotheses were developed. Exploratory factor analysis reveals five factors perceived ease …

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Impact Of Growth And Development Of Industrial Sector On The Economic Development Of India, Shailender Singh, Gajendra Singh Apr 2022

Impact Of Growth And Development Of Industrial Sector On The Economic Development Of India, Shailender Singh, Gajendra Singh

Management Dynamics

The industrial sector play's a significant role in boosting the overall economic growth of an economy. The small and medium scale industries set-up by the entrepreneurs in different states and Union Territories of India have contributed to the increased shares in the overall production, fixed investment, exports, employment and capacity utilization of SME's Units etc. The importance of industrial sector in providing large-scale employment is of paramount importance. The policy framework right from the First Plan has highlighted the need for the development of industrial sector keeping in view its strategic importance in the overall economic development of India. In …

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New Dimensions In Business Communication: Unconscious Layers, Strategic Judo, And Camouflaged Reversal, Magoroh Maruyama Apr 2022

New Dimensions In Business Communication: Unconscious Layers, Strategic Judo, And Camouflaged Reversal, Magoroh Maruyama

Management Dynamics

(1) Individuals differ in: (a) cognitive/cogitative types; (b) modal types: (c) degree of awareness of unconscious layers of thought process; (d) utilization of strategic judo and camouflaged reversal. (2) Cognitive/cogitative types should not be confused with skill types, aptitude types, emotional types, or personality types. (3) Individual differences in cognitive/cogitative types are mostly phenotypically innate. Therefore the assumption that you should be able to make everybody understand you is incorrect. (4) Communicational modal types are: factual mode, contextual mode, pictorial mode, insinuative mode, deceptive mode, etc. (5) Unconscious layers include self-deception, repression of one's own perception, inability to distinguish whether …

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Determinants Of Network Learning - A Conceptual Study, Shalini Rahul, Manmohan Rahul Apr 2022

Determinants Of Network Learning - A Conceptual Study, Shalini Rahul, Manmohan Rahul

Management Dynamics

Attention of researchers in the strategic management literature has been drawn to the phenomenon that a firm which develops an ability to learn offers an important source of competitive advantage to it. Thus the concept has been understood from a variety of angles like, levels of learning in organizations, process of learning, outcomes and barriers to learning. On the other hand, firms are increasingly being looked at from the network perspective, since it has been accepted that no organization can function in isolation and rather its existence is affected by the myriad of relationships with other firms, in which it …

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Hedging Performance Of Protective Puts And Covered Calls Portfolio: A Study Of Nse Nifty Options, Dheeraj Misra, Rajesh Dalmia Apr 2022

Hedging Performance Of Protective Puts And Covered Calls Portfolio: A Study Of Nse Nifty Options, Dheeraj Misra, Rajesh Dalmia

Management Dynamics

This paper aims at analyzing the return and risk characteristics of covered call and protective puts portfolios based on NSE Nifty index and to find out the factors responsible for the variation in returns on covered call and protective put portfolios. The factors which have been considered as the main determinants of returns on covered call and protective put portfolios are: the return on unhedged portfolio based on NSE nifty; the extent to which option is in the money or out of the money; time to maturity of the option; number of contracts traded; and Open Interest. The results indicate …

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India's Gems And Jewellery Sector: A Porter's Competetion Analysis, Ram Singh Apr 2022

India's Gems And Jewellery Sector: A Porter's Competetion Analysis, Ram Singh

Management Dynamics

The paper makes a Porter Analysis of India's Gems and Jewellery Sector wherein India is a significant player in the world market both as a source of processed diamonds as well as a large consumer market. India is the largest consumer of gold and a predominant portion of gold jewellery manufactured is consumed in the domestic market. Since times immemorial, India has been synonymous with gems and jewellery. Gems and jewellery (GJ) sector has grown enormously and occupies an important position in the Indian economy. On an export level, the industry moved away from the stereotypical view as being simply …

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Bonds And Options Valuation Using A Conditioning Factor Approach, Sankarshan Basu, Angelos Dassios Apr 2022

Bonds And Options Valuation Using A Conditioning Factor Approach, Sankarshan Basu, Angelos Dassios

Management Dynamics

This paper looks at methods to calculate prices (or approximate prices) of bonds (zero coupon as well as coupon bearing) where the interest rates follow a log-normal distribution using two different waysthe first method makes use of a conditioning variable similar to the approach of Basu (1999) and Rogers and Shi (1995), while the second method (only applicable in case of the zero - coupon bond case) is by making use of a direct expansion technique. The conditioning factor based method is then used to approximate the price of the bond (in fact the lower bound to the price of …

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Application And Validation Of Heterogram Analysis On Individualism-Collectivism Data Across Three Countries, Alvin Hwang, Magoroh Maruyama Apr 2022

Application And Validation Of Heterogram Analysis On Individualism-Collectivism Data Across Three Countries, Alvin Hwang, Magoroh Maruyama

Management Dynamics

The prevalent method to analyze data from several groups of individuals is to define some ad hoc boundaries of individuals-for example geographic, ethnic or gender boundaries and then compare statistical means and deviations between groups. This method assumes homogeneity within each ad hoc group and treats differences among individuals in each group as subgroup variations. Instead of imposing ad-hoc boundaries, we used a new method "heterogram analysis" (Maruyama, 1999) that looks for response datagenerated grouping of individuals and the meaningfulness of each emerging group. This approach was applied to individual-level individualism-collectivism data from three countries. The results showed five individual …

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Tourism Industry: Travelers' Perception, Tripti Udawat Apr 2022

Tourism Industry: Travelers' Perception, Tripti Udawat

Management Dynamics

Indian tourism offers an array of tourist destinations that attract travelers from all over the world. As the travelers' satisfaction is directly related with the quality of services provided by these industries, they are the prime stakeholders. Travelers' positive satisfaction is the only backbone of the commercial as well as economic development of these industries. This study focuses on the perception of different age and income group travelers about the factors responsible for the growth and development of tourism industry.

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Case Study: The Boss On A Toss, T.Frank Sunil Justus Apr 2022

Case Study: The Boss On A Toss, T.Frank Sunil Justus

Management Dynamics

This is a case study about Mr. Arul who goes up the ladder, starting his career as a process engineer and rising to become the president of the company. He is sincere & expects the same from his subordinates. When something goes wrong, he immediately takes tough action and always exerts his supremacy as a boss. On occasions, he fails to go deep into the problem and ends up taking superficial decisions. The curtains are down upon him at last. The organization comprises hard working employees who are able to meet various challenges and despite having a repressive boss, their …

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Customers' Satisfaction With Hospitals, Nishant Sinha, Tarun Gupta Apr 2022

Customers' Satisfaction With Hospitals, Nishant Sinha, Tarun Gupta

Management Dynamics

Providing good service quality is of great strategic importance in the management of any service organization. Besides ensuring excellent clinical care, hospitals should also focus on providing quality service to their patients and visitors. The findings from this study could provide useful information as to how hospitals could better manage their services and harness information technologies to enhance their service quality. The study shows that there is still a lot of room for improvement in the healthcare industry. Specifically, the healthcare industry as a whole seems to be weak in factors such as: Promptness, Attitude towards attendants. Communication. Consistency, and …

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