Journal of Commerce and Trade

Types and Skills Required by Successful Entrepreneurs: A Case Study

Dr. Tushar Chaudhari — Tue, 01 Nov 2022 00:00:00 +0000

Entrepreneurs are vital for the socio-economic progress of any country. These are the people who translate resources into something creative and are employment givers. It is found that the success rate for entrepreneurs is very low. The primary reason behind this is that these aspirants lack in skills required to be successful one. On the other hand, it is also necessary to understand the type of entrepreneurs. The ability to take risks, innovation, and technical skills are found significant for successful entrepreneurship. Entrepreneurship is a discipline with a acquaintance base theory. It is an consequence of multifaceted socio-economic, psychological,
technological, legal, and other factors. It is a active and perilous process. It combines financial resources, technological innovation, and human talent. Entrepreneurship is correspondingly valid to big and small businesses, and to economic and noneconomic activities. In this research paper, the researcher has given a brief description of the term entrepreneurship. He also stated the types of entrepreneurs and skills required for successful entrepreneurs. This research is a qualitative one and is entirely depend upon literature survey.

Challenges Faced by Teachers During Pandemic in Implementing Innovative Methods of Teaching

Dr. Manoj Kumar Siwach, Dr. Richa Vats — Tue, 01 Nov 2022 00:00:00 +0000

There has been a catastrophic effect on the general life of people during the period of infliction of COVID-19 pandemic. Almost everything came under its radar and that were hugely impacted. Same stands true for the teaching community. The most receptive sector in this regard has been the teaching sector, in which the automation technology has many newer methods and surprises which have influenced each and every phase from teaching methodology, to the mode and technique of teaching. Teachers in general faced several problems when they faced the pandemic of COVID-19. Multitude of them lost their jobs and who were left had to deal with the ordeal that war really hard for them given the less amount of knowledge and resources they had at their disposal. The foregoing shows that there were many changes that were adopted due to COVID-19, and which for sure have led to large scale problems for them. However, plethora of changes came into existence, which have been dealt in with new regime of teaching and this in fact introduced changes that are irreversible in every manner. Present paper provides a glimpse into the challenges faced by the teaching community and the methodologies they adopted to deal with those challenges. It suggests for the delineation of methods which were adopted by the teaching fraternity to deal with the challenges thrown by the advent of COVID-19.

Effects of Training and Development on Employee Performance and Social Productivity: A Case Study of IT Sector

Dr. Santosh Kumar Gupta — Tue, 01 Nov 2022 00:00:00 +0000

Now days, organization and individual should develop and progress all together for their survival and accomplishment of mutual goals. So, every modern management must develop the organization through human resources development. Human resources development including training and developments helps in enhancing internal capabilities of an organization to deal with current or future challenges effectively. The purpose of this paper is to investigate whether training and development has impact on employees' performance and productivity. This paper is descriptive in nature, and data has been collected through various primary and secondary sources. The methodology was based on a questionnaire survey to collect the data, the study obtained information from one hundred ten (110) respondents from IT Sector. Two Hypotheses are developed to see the Influences of all the independent variable on the overall employees' performance and productivity. Both hypotheses were examined through SPSS. The major finding of the study is that training and development positively influence the employee's performance & productivity.

The Impact of ASYCUDA System Implementation on the Performance of the Sudanese Customs Authority: An Evaluation Study

Dr. Akram abd Eldaim Mohammed — Tue, 01 Nov 2022 00:00:00 +0000

The implementation of ASYCUDA system (Automated System for Customs Data) is a critical step towards improving the performance of customs authorities in many countries, including Sudan. The system is designed to streamline processes, enhance efficiency and effectiveness, and reduce the likelihood of errors in data management. This study examines the impact of the ASYCUDA system on the
performance of the Sudanese Customs Authority. A quantitative research design was used, and data were collected through a questionnaire from 24 customs officials. Descriptive and inferential statistics, including chi-square and paired samples t-test, were used to analyze the data. The results suggest that the ASYCUDA system has positively influenced the performance of the Sudanese Customs
Authority, and customs officials are satisfied with its implementation. The study concludes that the ASYCUDA system can enhance the efficiency and effectiveness of the Sudanese Customs Authority and has important implications for policymakers and practitioners in the field of customs management. It is recommended that the Sudanese Customs Authority continue to use and improve the ASYCUDA system. Moreover, the authority could consider providing more training and support to ensure that all employees can effectively use the system.
Classification-JEL : F14, F18, P33

Business Responsibility and Sustainability Reporting: A Way Forward for Indian Corporate Disclosure

Pranesh Debnath, Rishav Kanoo — Tue, 01 Nov 2022 00:00:00 +0000

Business Responsibility and Sustainability Reporting (BRSR) is reporting from an Environmental, Social and Governance (ESG) perspective, and is intended to enable businesses to engage more meaningfully with their stakeholders. It will encourage businesses to go beyond regulatory financial compliance and report on their social and environmental impacts. The BRSR will be applicable to the top 1000 listed entities (by market capitalization), for reporting on a voluntary basis for FY 2021-22 and from FY 2022-23 on a compulsory basis. The ESG goals are sets of standards for a company’s operations that force companies to follow better governance, ethical practices, environment-friendly measures and social responsibility. Sustainability reporting will improve corporate reputation, build consumer confidence, increase innovation, and even improvement of risk management. The environmental criteria of BRSR will consider how a company performs as a steward of nature. Social criteria will take care of how the company manages relationships with employees, suppliers, customers, and the communities where it operates. Finally, the governance aspects will deal with a company’s leadership, executive pay, audits, internal controls, and shareholder rights. While the recommendations spell out elaborate content for companies that were already covered, the real challenge will also be for those who are absolutely new to this reporting requirement. The actual filling and filing of BRSR procedures have yet to be resolved and looking at the list of details, it's clear that quantifying and qualifying data to fit the reporting format is difficult for businesses.
Classification-JEL: M14, M41, M48, G34, G38

India's New Education Policy 2020: Its Implications, Challenges and Strategies for AI Revolution in Education System

Dr. Yogesh Kumar Saxena, Prof. (Dr.) Himanshu Agarwal — Tue, 01 Nov 2022 00:00:00 +0000

India's New Education Policy (NEP) 2020 is a transformative framework that aims to reshape the country's education system. This analytical study critically examines the key features, implications, and challenges associated with the implementation and success of NEP 2020. It explores the potential impact of the policy on access to education, curriculum reforms, teacher training, assessment practices, technoinnovation in education, AI revolution in education and governance structures. The study highlights the opportunities offered by NEP 2020 and raises important considerations for effective implementation and addressing potential hurdles. The study explores the various aspects of the policy, including universalization of education, curriculum reforms, teacher training, assessment practices and governance structures. It examines its potential challenges viz. capacity building, teacher training, community engagement, monitoring and evaluation and infrastructure development for upcoming AI technology. The study aims to propose strategies and recommendations for the success of NEP 2020 in the present technology driven era. Thus, the study seeks to provide a comprehensive analysis of India's New Education Policy 2020, its implications, challenges and potential strategies for AI revolution in Education System. Quality education is the dire need of Indian youth to ensure their future in the current rapidly transforming socioeconomic- techno-innovative environment of the country.
Classification-JEL: I24, I28, O31

A Cross-Sectional Study of Work From Home Arrangement on Job Satisfaction of the Employees of IT Companies

Money Kaushal, Prof. (Dr.) Ashok Kumar — Fri, 11 Aug 2023 00:00:00 +0000

The objective of this study was to determine the impact of work-from-home arrangements (WFHA) on job satisfaction (JS) among workers of information technology enterprises. The precise sample size was determined using Slovin's sample size formula. A total of 348 respondents were picked from the information technology industry. The technique of convenience sampling was utilized. An exploratory and descriptive study approach was used. A well-designed, organized questionnaire schedule was used to examine the variables of inquiry, such as workfrom-home arrangements and job satisfaction. To determine the cause-and-effect connection between the independent variable WFHA and the dependent variable JS, correlation and enter method regression technique were employed. The survey findings demonstrated that WFHA had a substantial influence on JS among workers of information technology industry in the Bangalore/Bengaluru city of India. Based on the results, it can be finally concluded that the WFHA had a statistically significant impact on the JS of the employees in the Information Technology sector companies. Therefore, it was found that there is a strong link between working from home and job satisfaction. The work from home gives more quality time for the employees for
their families and the social obligations. This kind of job satisfaction resulted from the work from home concept helps in the work motivation and health of the employees in the Information Technology sector companies.