Volume 2 Number 1 April, 2007

Title: All Sports Bobbers (The Case Study)

Description: 

Author 1-Name:  Rebecca Zaharia, Research Associate
Author 1-Email:  profsaeed@yahoo.com
Author 2-Name:  James Ondracek, Professor, Minor State University, North Kakota, USA
Author 2-Email:  profsaeed@yahoo.com
Author 3-Name:  M.Saeed, Professor, Minot State University, North Dakota, USA
Author 3-Email: profsaeed@yahoo.com

Abstract: “All Sports Bobbers” is based on the experiences of Paul Zaharia as told to his daughter, Rebecca “Becky” Zaharia. This case is intended for educational purposes only and is not intended to illustrate either effective or ineffective management practices. The case presents an in-depth analysis of the manufacturing and marketing pros and cons of an overseas business firm. It also gives a portrait of bank’s role in establishing the business.
Keywords: employee attraction; pressure; turnover; retention strategies
Classification-JEL: A0, T18, C0

Citation:  Zaharia, Rebecca and Ondracek, James and Saeed, M.. All Sports Bobbers (The Case Study). Journal of Commerce and Trade, April 2007; 2: 1;Pp.-5-11
Paper Code : JCT-A07-RZ-JO-MS-1
DOI : 
Web Address :
http://www.jctindia.org/jct/april2007-v2i1-1.pdf
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Title: Impact of Globalization of Small Scale Industries (Analysing the Growth of SSIs & The Policy Reforms)

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Author-Name:  Dr. Shiv Kumar Deene, Guest Faculty, Department of Studies and Research in Management, Gulbarga University, Gulbarga
Author-Email:  drdeene@rediffmail.com
Author-Name:  D. M. Madari, Lecturer, Department of Economics, Gulbarga University, Gulbarga
Author-Email:  madaridm@rediffmail.com

Abstract: “Small is beautiful”. Indeed, the Gandhi was also in famous of small scale and in particular village industries. The environment school has pressed the need for small is indispensable is a sustained economic development. At present, the small scale industries are defined as undertaking with investment in plant and machinery, not more than Rs.1 crore, and tiny units as those with an investment of not more than Rs.25 lacks. Globalisation witnessed the intended benefits. Not only that, the entry of multinationals in ordinary consumer goods like ice cream, Agarbatti manufacturing, food processing, mineral water etc., is also adversely affecting the SSI sector since these were the traditional areas of this sector. This way, Government must secure the SSI Sector as workforce engagement, job opportunities and less investment assume as special significance.
Keywords: employee attraction; pressure; turnover; retention strategies
Classification-JEL: A0, T18, C0

Citation:  Deene, Shiv Kumar and Madari, D. M.. Impact of Globalization of Small Scale Industries (Analysing the Growth of SSIs & The Policy Reforms). Journal of Commerce and Trade, April 2007; 2: 1;Pp.-12-18
Paper Code : JCT-A07-SKD-DMM-2
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Web Address :
http://www.jctindia.org/jct/april2007-v2i1-2.pdf
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Title: Attrition in IT-BPO : A Critical Appraisal in Indian Context (The Alarming Cost and Less Competitive Advantage)

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Author-Name:  Dr. Ashutosh Nigam, Assistant Professor, Department of Management Studies, Vaish College of Engineering, Rohtak, Haryana
Author-Email:  drashutoshnigam@gmail.com

Abstract: Attrition in IT-BPO : A Critical Appraisal in Indian Context (The Alarming Cost and Less Competitive Advantage) Abstract:  Attrition in IT-BPO not only pushes up costs incurred on the training of employees but also affects productivity that too with the ideal level of ‘Knowledge maturity’ of the organization and the employees. The organizations having capacity to withstand its long lasting relationship with employees would survive in the marked place and others would fade away in the long run. The final solutions of IT-BPO lies in the stabilization of business operation and availability of trained and matured manpower in abundance and which may bring sustainable solution for the high attrition in the sector. The commitment of employees at all levels will help the industry to stabilize, grow and add value to the economic growth.
Keywords: employee attraction; pressure; turnover; retention strategies
Classification-JEL: A0, T18, C0

Citation:  Nigam, Ashutosh. Attrition in IT-BPO : A Critical Appraisal in Indian Context (The Alarming Cost and Less Competitive Advantage). Journal of Commerce and Trade, April 2007; 2: 1;Pp.-19-25
Paper Code : JCT-A07-AN-3
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Web Address :
http://www.jctindia.org/jct/april2007-v2i1-3.pdf
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Title: Indian Banking : Moving Towards Information Technology (The Problems and the Solutions)

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Author 1-Name: Dr. R. K. Uppal, Head, Department of Economics, DAV College, Malout
Author 1-Email: 
Author 2-Name:  
Rimpi Kaur, Research Scholar & Project Fellow
Author 2-Email:

Abstract: The process of economic liberalization in India initiated in 1991, has significant impact on banking industry of the country. Information Technology (IT) revolution has not only changed the way banking business is done but also widened the range of products/services offered by the banks. The present paper highlights the extent of computerization, core banking solutions, e-delivery channels in different banks and bank groups. The paper analyses the impact of computerization and e-delivery channels on the comparative performance of different bank groups. The performance of these bank groups is very high which are fully computerized and providing services through edelivery channels. Ultimately, the paper finds some areas of bank problems in e-age and their solutions and suggests some areas of comprehensive research.
Classification-JEL: A0, T18, C0
Keywords: employee attraction; pressure; turnover; retention strategies

Citation:  Uppal, R. K. and Kaur, Rimpi. Indian Banking : Moving Towards Information Technology (The Problems and the Solutions). Journal of Commerce and Trade, April 2007; 2: 1;Pp.-26-32
Paper Code : JCT-A07-RKU-RK-4
DOI : 
Web Address :
http://www.jctindia.org/jct/april2007-v2i1-4.pdf
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Title: Issues of Business Education in the 21st Century (Demonstrating the Learning and Spreading Skills)

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Author 1-Name: Dr. Navin Kumar Garg, Head, Faculty of Commerce & Business Administration, S.D. (P.G.) College, Ghaziabad
Author 1-Email:
Author 2-Name:  Aditi Garg, Lecturer, Faculty of Commerce & Business Administration, S.D. (P.G.) College, Ghaziabad.
Author 2-Email:

Abstract: India has recognized education as a medium to prepare people for effective role they play in the society for the setup of sound democratic system. It is the best investment that any nation could make for the benefit of its citizens. With the changing face of the business world, the role of business schools in delivering business education also demands restructuring. The present education in business pays attention more on the materialistic progress of individual and enterprise. It is concluded here that the proper implementation of technology will prepare us to exploit fresh opportunities created by the new environment. The vulnerable changes in the business world can be imbibed into the education system for meeting the challenges.
Keywords: employee attraction; pressure; turnover; retention strategies
Classification-JEL: A0, T18, C0

Citation:  Garg, Navin Kumar and Garg, Aditi. Indian Banking : Moving Towards Information Technology (The Problems and the Solutions). Journal of Commerce and Trade, April 2007; 2: 1;Pp.-33-37
Paper Code : JCT-A07-NKG-AG-5
DOI : 
Web Address :
http://www.jctindia.org/jct/april2007-v2i1-5.pdf
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Title: Historical Review of ino-India Relation (The Fact Sheet on India – China Relations)

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Author 1-Name: Dr. Pawan Kumar Oberoi, Faculty of Commerce, Shri Ram College, Muzaffarnagar.
Author 1-Email:
Author 2-Name:
  Dr. Tanuj Kumar, D. N. College, Meerut.
Author 2-Email:

Abstract: Sino-Indian relations are based on the five principles (Panchsheel) of peaceful co-existence. How this relationship will evolve as we enter the twenty first century, especially when China formally becomes the 143rd member of the World Trade Organization (WTO) is a strategic decision made by the Chinese Government, under the conditions of economic globalization. Marking the new stage of China’s opening up this is an issue that has serious policy implication for India. It is possible that, given its size and growing economy, China mat become India’s major export market but it is also possible that, with its ambition to rapidly catch-up with the advanced economy of the world, China may soon challenge India’s supremacy in technology and know how and become a rival instead of a partner. China has emerged as one of the Asia’s most dynamic newly industrializing economies. In the decade following the reform China’s real GNP grew at an annual average rate of 10 percent, up from and annual rate of 6.5 percent during 1970s. Although its economy slowed in the late 1980s due to the government anti-inflationary measures, it regained momentum in the early 1990s, achieving a 13.4 percent rate of growth in 1993. china’s economy posted somewhat lower growth rate in subsequent year (nearly 12 percent) but not less that 7.8 percent even in the Asian crisis year of 1998. China has been a major recipient of foreign direct investment (FDI) with and inflow of 83437 cases with US $ 111 billion (on a contract basis) in 1993. The major investors in China were Hong Kong, Japan, Taiwan, Singapore and Korea. China is, in geographical and cultural sense with a potentially vast market for Indian products. Chinese Minister of Foreign Trade and economic cooperation, set a goal of 7 percent growth for China’s total foreign trade volume in 2003. (Expected to hit 620 billion US$ this year). This year China expected actual foreign investment to exceed 50million US$. Minister also said that, about 400 out of the World’s top 500 business giants had come to China adding that high-tech, capital intensive and service industries world luring more China’s imports and exports one expected to increase three times to 2000 billion US$ 2020.
Keywords: employee attraction; pressure; turnover; retention strategies
Classification-JEL: A0, T18, C0

Citation:  Oberoi, Pawan Kumar and Kumar, Tanuj. Historical Review of ino-India Relation (The Fact Sheet on India – China Relations). Journal of Commerce and Trade, April 2007; 2: 1;Pp.-38-44
Paper Code : JCT-A07-PKO-TK-6
DOI : 
Web Address :
http://www.jctindia.org/jct/april2007-v2i1-6.pdf
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Title: Challenges and Impact of Globalization on Indian Economy (The Role and Relevance in Indian Economy)

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Author-Name: Hari Om Agarwal, Research Scholar
Author-Email:

Abstract: The world has become a small village, thanks to the rapid means of transportation and telecommunications. Satellite transmission has widened the geographical markets. The countries have become interdependent in terms of technology, capital, purchases and sales. Global companies buy from the cheapest markets and sell where they can get maximum prices i.e. globalization calls for reduction of costs, improvement of quality , expansion of markets and diversification into new areas and market. Indian companies use not only imported components but are also selling their finished products to market abroad. To take advantage of global markets, Indian companies are making strategic alliances with foreign companies. The most successful companies will rely more and more on global integration and networking.
Keywords: employee attraction; pressure; turnover; retention strategies
Classification-JEL: A0, T18, C0

Citation:  Agarwal, Hari Om. Challenges and Impact of Globalization on Indian Economy (The Role and Relevance in Indian Economy). Journal of Commerce and Trade, April 2007; 2: 1;Pp.-45-48
Paper Code : JCT-A07-HOA-7
DOI : 
Web Address : http://www.jctindia.org/jct/april2007-v2i1-7.pdf
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Title: Need of Export Promotion Organizations in Emergent India (The Boost for a Growing Economy)

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Author-Name: Dr. Prateek Gupta, Lecturer, Commerce Dept., Mody College, Lakshmangar (Sikar) Rajasthan.
Author-Email:

Abstract: The development of a country is always depended on its economical structure & conditions. If economic condition of a country is healthier, the development will also be in a nice growth. The economic condition of a country always depends on its national and international tread. Export is a very useful instrument to boost economy of a country. To stand with other competitors abroad, it is necessary to promote the export. From the past achievements and huge growth in economical condition, it is evident that export promotion should be regarded as a crucial tool of development. It is not an easy task for an individual or any firm to promote export. The basic reason behind it is the different nature, taste and living standard of each country. Export Promotion Organizations are playing a vital role in this field. These Councils are dedicated to boost exports from India and assist the member exporters through the various promotional activities. Hence, role of export promotion organizations has been focused in this paper.
Keywords: employee attraction; pressure; turnover; retention strategies
Classification-JEL: A0, T18, C0

Citation:  Gupta, Prateek. Need of Export Promotion Organizations in Emergent India (The Boost for a Growing Economy). Journal of Commerce and Trade, April 2007; 2: 1;Pp.-49-51
Paper Code : JCT-A07-PG-8
DOI : 
Web Address :
http://www.jctindia.org/jct/april2007-v2i1-8.pdf
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Title: Determinants of Life Insurance Consumption in India (Area to be Determined Till Now)

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Author-Name: Sonia Chawala, Lecturer, School of Management & Social Sciences, Thapar Institute of Technology, Patiala.

Abstract: Innumerable economic, demographic, socio cultural, political and other factors determine each economy’s consumption of life insurance. The Economic Environment consisting of foreign investment climate, price, inflation and interest rates income, saving and investment parameters may increase or decrease the overall demand of insurance. Similarly demographic environment consisting of education level, household structure, industrialization and urbanization, social environment, political environment of the nation also has a profound impact on the insurance consumption. In the present paper an attempt has been made to assess the impact on life insurance consumption in the light of trend of these factors. Indian insurance industry has good regulatory environment, political stability, changing demographic profile, good economic conditions in its favour.

Classification-JEL: A0, T18, C0

Keywords: employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 2 Number 1. April, 2007. Pages: 52-59.

File-URL: http://www.jctindia.org/jct/april2007-v2i1-9.pdf

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Title: Determinants of Life Insurance Consumption in India (Area to be Determined Till Now)

Description: 

Author-Name: Sonia Chawala, Lecturer, School of Management & Social Sciences, Thapar Institute of Technology, Patiala.

Abstract: Innumerable economic, demographic, socio cultural, political and other factors determine each economy’s consumption of life insurance. The Economic Environment consisting of foreign investment climate, price, inflation and interest rates income, saving and investment parameters may increase or decrease the overall demand of insurance. Similarly demographic environment consisting of education level, household structure, industrialization and urbanization, social environment, political environment of the nation also has a profound impact on the insurance consumption. In the present paper an attempt has been made to assess the impact on life insurance consumption in the light of trend of these factors. Indian insurance industry has good regulatory environment, political stability, changing demographic profile, good economic conditions in its favour.

Classification-JEL: A0, T18, C0

Keywords: employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 2 Number 1. April, 2007. Pages: 52-59.

File-URL: http://www.jctindia.org/jct/april2007-v2i1-9.pdf

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Title: India’s Foreign Trade With China (A Historical Showcase)

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Author-Name: Deepa Gupta, Reserarch Scholar.

Author-Name:, Dr. A.K. Garg, Reader, Dept. of Commerce, A. S. College, Sikendrabad.

Abstract: India always had a surplus with the whole world including Europe, which was settled by the inflow of gold into India. But there was a steep decline in trade in the subsequent years since 1800 BC when the Aryans were ravishing most of Asia. In a variety of industries, cheap imports from China are killing local manufacturers. It needs probe as to how much profit is due to China’s competitiveness and how much due to dumping. With the advent of globalisation, liberalisation and reduction in trade import and export barriers the world has today become a tiny village. There are vast opportunities for increasing the contents of our export basket to China. The government in China, unlike that in India, is motivated to support economic activity. So, the government often enables entrepreneurship in China. Two-way trade between China and India rose to $24 billion in 2005 from $3 billion in 1999. Both countries have also become more important to each other’s trade. In 1999, China was India’s 13th most important import source and 17th as an export destination, but by 2005 China had risen to third in both. Although India does not rank quite as highly in China’s list of trading partners, it too has risen in importance, to 16th.

Classification-JEL: A0, T18, C0

Keywords: employee attraction; pressure; turnover; retention strategies

Journal of Commerce and Trade. Volume 2 Number 1. April, 2007. Pages: 60-67

File-URL: http://www.jctindia.org/jct/april2007-v2i1-10.pdf

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