Society for Global
Studies and Research





::Society for Global Studies & Research(SGSR)::
List of Volumes/Issues

International Journal of Trade and Commerce-IIARTC, Volume: 8(2019), Issue: 2(July-December)

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1. A Study of Foreign Direct Investment & Its Impact on Indian Economy

Author: Mukesh Kumar Jain,(Pages: 237-248)

Abstract:

FDI plays a vital role for economic development of any developing country. The importance of FDI in India has increased significantly over the last two decades. FDI serves as a link between investment and saving. Many developing countries like India, are facing the deficit of savings. This problem can be solved with the help of Foreign Direct Investment. Foreign investment helps in reducing the defect of BOP and provides the base and pre requisite for rapid GDP growth. This study is entirely based on the secondary data. It is based on published annual reports for the period 2004-05 to 2018-19 of NSE, BSE, SEBI, and RBI. We have used Statistical formulas mainly correlation and linear regression analysis has been used to get the result. We conclude that there is significant effect of FDI on India’s GDP.
Keywords:FDI, Economic Development, GDP.

2. The Vision of Physical Internet in Saudi Arabia: Towards a Logistic Hub in 2030

Author: Raouf Jaziri, Abdulmajeed Saad Alanazi,(Pages: 249-262)

Abstract:

As a way to diversify its non-oil economy, Saudi Arabia launched a prospective initiative called Vision 2030 to boost its ability to be the biggest Middle Eastern logistic hub. Given its strategic geographic position at the crossroads of important international trade routes, between three continents: Asia, Europe and Africa, Saudi Arabia has a predominant logistical access to the Arabian Peninsula and East Africa, as well as the Asia-Europe trade route. Thanks to the existing infrastructure and all mechanisms already in place to improve logistics in Saudi Arabia, we strongly believe that the Physical Internet presents the right empowerment to these mechanisms by offering improvements in delivery times, costs and environmental impacts.
Keywords:Physical Internet, Logistics, Logistic Hub, Saudi Arabia

3. A Comparative Study of FIIs & DIIs Investment in Indian Capital Market

Author: Shwetabh Mittal,(Pages: 263-274)

Abstract:

The primarily aim of this study is to know the impact of FIIs & DIIs Investment in Large Cap Companies of India and NIFTY, alongwith NSE Benchmark Index. The study has been based on large cap selected companies of NSE and carried out by selecting mainly three factors: FIIs & DIIs Investment in Large Cap Companies of India, NIFTY and the NSE Benchmark Index. This study covered a period of 5 years starting from 2014-15 to 2018-19. The statistical techniques applied in this study are basically calculation of, Mean, Standard Deviation, and Karl Pearson’s correlation. Linear regression analysis has been used to get the result. Pearson Correlation coefficient, is 0.279; -0.088 and 0.108 between FIIs & DIIs, FIIs & NIFTY and DIIs & NIFTY which shows the low degree of positive correlation between FIIs & DIIs and DIIs & NIFTY, whereas it is a low degree of negative correlation between FIIs and NIFTY as the coefficient is between 0 and 1.
Keywords:DIIs, FIIs, Large Cap Companies, NIFTY.

4. Women Entrepreneurship Issues, Challenges and Empowerment through Self Help Groups: An Overview of Uttarakhand

Author: P.N. Tiwari,(Pages: 275-288)

Abstract:

Entrepreneurship is one of the most important factors contributing to the economic development of the society. Entrepreneurs have been considered instrumental in initiating and sustaining socio-economic development. In India, concept of women entrepreneurship is of recent origin. Women have become aware about their rights and situations and entered in different fields of business. They have established their own successful business empires. They are contributing towards the growth of economy and improvement of their socio-economic conditions. Government of India has given due importance to women empowerment in the country and several schemes has been introduced for the upliftment of women entrepreneurs. Women workforce ratio in the country is increasing due to the increase in the women literacy rate in India. The concept of Self Help Groups (SHGs) is proved to be boon for the rural women in some states of India. It has not only raised their income but also their social status. Overview of the working of Self Help Groups (SHGs) in Uttarakhand is also depicted in this paper. This paper particularly focuses on various issues pertaining to women entrepreneurs issues, challenges and future perspective in India.
Keywords:Entrepreneurship, Women Entrepreneurs, Women workforce, Women Empowerment, Self Help Groups

5. Sojurn of Commercial Dispute Redressal Mechanism: Exploratory Description of Commercial Arbitration

Author: Ahtshamuddin Ansari, Rakesh Kumar Agarwal,(Pages:289-297)

Abstract:

Our findings show that in simple and need oriented trade the barter system was the established practice of disposal of the production. The trading disputes were settled amicably by mutual conciliation or by other traders. With the passage of time this system gave way to the exchange of goods by money and thereby the notion of sale and purchase came to the surface with the principle that ‘buyer beware’. Disputes, if any, had to be resorted as per usage or custom and by co-operation of other sellers and buyers. By the time this took the form of manufacturing, trading, supplying distributing and navigating to earn profit. The marketing had taken the form of trading and commercial centre giving rise to cartels which also played the role in dispute settlement among traders. From the coal trading to the maritime trading and commerce, commercial arbitration and insurance technique develop. National arbitration and transnational arbitration had been developed along with the domestic and institutional arbitration. To facilitate the uniformity and unification of the arbitration rules and practices came forward to guide the international community. Therefore, the simplification of otherwise complex traditions played key role in smooth growth of dispute resolution to make the trading community tension free. Now the commercial disputes are being settled out of cumbersome adjudicatory process.
Keywords:Commercial arbitration, Sojurn of Commercial Dispute Redressal Mechanism, Negotiation, Mediation, Adjudicatory process.

6. An Analysis on the Socio-Economic Conditions of Labour Engaged in Brassware Industry of U.P. (With Special Reference to District Mirzapur)

Author: Deepali Walia, Sudhansh Sharma,(Pages:298-306)

Abstract:

The paper concerned is descriptive in nature. The objective of the paper is to investigate about the working, economic and living conditions of labour engaged in brassware industry of Mirzapur. It also throws light on the day to day challenges faced by the labour engaged in the aforesaid industry. The studies presented are based on random sampling and secondary data. The brassware industry of Mirzapur is at the verge of extinction due to lack of technology, high cost of raw material and low profit margin. The labour engaged in this industry is poor and unskilled which is exploited by their employers. The paper suggests some measures to enhance the efficiency of labour along with improved productivity of the industry concerned.
Keywords:Socio-economic conditions of Labour, Brassware Industry, Inefficient Marketing Strategy, Competition.

7. Causes and Effects of Industrial Disputes in BHEL India

Author: Bhawana, Arvind Kumar Yadav,(Pages: 323-335)

Abstract:

An industrial dispute may be defined as a conflict or difference of opinion between management and workers on the terms of employment. It is a disagreement between an employer and employee’s representative; usually a trade union, over pay and other working conditions and can result in industrial actions. Prevention is always better than cure and, therefore, first of all those methods which can prevent the occurrence of industrial disputes between Labour and Management in the organization will be focused upon. The immediate need of the hour is that of narrowing the gap between labour and management and to find out the means of establishing mutual trust between employers and the workers. In addition to bringing about a change in the attitude of the employers, who should directly take a personal interest in the welfare of the workers, there are other methods which suggest themselves in this connection. The first is the development of stable trade unions having access to the management. However, sooner or later, the employers and the workers must realize that they have to co-operate and resolve their differences between themselves, if both are to prosper. A strong trade union movement, schemes of workers co-operation and participation in management, atmosphere of trust and respect on both sides has to be established. Policy of human relations in industry will go a long way in establishment of industrial peace in the country. In this research paper, we have studied about labour management and causes of industrial disputes in BHEL India. Along with this we have also studied the effects of Industrial disputes in BHEL India.
Keywords:Conciliation officers, Arbitration, Dispute resolution, Industrial relations, Industrial Disputes and Industrial Tribunal.

8. Role of Women Entrepreneurship in Economic Development in India

Author: Shivam Gupta, Ravi Maheshwari,(Pages: 336-340)

Abstract:

Entrepreneurship development among women is important for the achievement of broader development objectives such as growth with equity. Studies indicate that many women entrepreneurs are found working in difficult situations when compared to their male counterparts. Factors like political instability, poor infrastructure, high production costs and non-conductive business environment affect women entrepreneurs more than men. Limited access to key resources like land, credit, legal and socio-cultural environment also act as serious impediments. In the era of globalization changing pattern of trade and evolving technologies necessitate skill enhancement that many entrepreneurs in the continent are yet to possess. Women entrepreneurship must be molded properly with entrepreneurial traits and skills to meet the changes in trends, global markets and also be competent enough to sustain and strive for excellence in the entrepreneurial arena. This paper presents a brief view of the role of women entrepreneurs in the economic development of our country.
Keywords:Women entrepreneurs, growth, infrastructure, production.

9. Investment Decision of Individual Investors in Delhi NCR

Author: Aarzoo Sharma,(Pages:341-347)

Abstract:

Individuals risk perception based on demographic factor such as gender, age, investment portfolio etc. Retail investor typically trade in much smaller accounts than institutional investors such as mutual funds, pensions etc. This paper makes a study of risk perception in investment decisions of individual investors especially in Delhi NCR.
Keywords:Investment portfolio, Risk and return management, investment pattern

10. Study of Differences in Purchase Behaviour for High Involvement Consumer Durable Goods in Districts of Rajasthan

Author: U.C. Sharma, Mayank Sharma,(Pages: 348-356)

Abstract:

In a globalised economy, markets are characterized by competition. The fast innovations of technologies are intensifying the intensity of competition and are becoming challenge for every business. In the past few years, due to competition, continuously company margins are considerably declining. According to Philip Kotler (2003), in hyper competition, power is clearly shifting to consumers who are increasingly telling what product features they want, what communication they will tolerate, what incentives they expect and what price they will pay. It is high time for marketers to study, understand and predict consumer behaviour in order to survive, sustain and grow in this highly competitive and volatile market. In fact, consumer behaviour is the process whereby individuals decide whether, what, when, where, how and from whom to purchase goods and services (Walter and Paul, 1970). As a field of study, consumer behaviour focuses upon consumer activities (Blackwell, Miniard, Engel, 2001). Moreover, the scholars of human behaviour are highly concerned to study the consumer behaviour in order to gain deeper insights into why individuals are involved in certain consumption related behaviour and interested to know what internal and external factors influences them in their consumption related decisions. Zikmund (2001) is of opinion that human behavior of any kind (B) is a function (f) of the interaction between the person (P) and the environment (E)–that is B= f (P,E). According to Zikmund, consumer behaviour is the function of personal factors (age and stages of life cycle, occupation, economic situation, life style, personality, psychology etc.) and environmental factors (culture, sub-culture, social class, reference groups, family, role and status).
Keywords:Consumer buying behaviour, High involvement products, Socio-economic status.

11. Spirituality- Future Competitive Edge

Author: Vikas Kumar Joshiya,(Pages: 357-362)

Abstract:

This paper aims to show the understanding of people about the value, ethics and spirituality. The main focus of this paper to understand that how spiritual understanding can be the future competitive edge. This paper try to focus on ignored aspect of human personality and how spiritual development of employee can bring transformation in organizational culture and this is the future need of organizational sustainability. Now sustainability can be seen through spiritual development. This paper not only talks about problems and descriptions but also solutions that can help future managers and leaders.
Keywords:Value, Ethics, Organizational culture, Spirituality

12. Reorganising the Military Institutions and National Security Strategy

Author: Mohd. Rizwan,(Pages: 363-372)

Abstract:

India has emerged as a leading military, economic and diplomatic power in present era, it has world’s second largest population as well many internal and external security challenges of various dimensions. In present circumstances it’s a big responsibility of the policy makers to meet all the security threats and challenges successfully, this paper deals with all possible aspects of the challenges and policies needed to be opted to safeguard our comprehensive interests.
Keywords:National Security Strategy (NSS), Military Institutions, Militarisation, Defence management, Ministry of Defence (MoD), Defence Research and Development Organisation (DRDO).

13. A Study of Material Management Policies in Chain of Hotel Industry (A Case Study of Taj Hotel)

Author: Apoorva Singh, Arvind Kumar Yadav,(Pages: 373-386)

Abstract:

The material management concept advocates integrating all major activities, which contribute material cost to a single department. In this concept the material management department is responsible for purchasing, inventory control, stores and other related activities. Many times in corporate activity, there is compartmentalization of basic management functions concerned with materials. The purchasing department operates separately and other areas like stores and inventory control operate independently. This creates conflicting objectives from the overall organizational point of view e.g. purchasing department may prefer to buy large quantities on discount without considering the warehousing and carrying costs. In an integrated setup, the material manger is responsible for all the interrelated purchases and hence this leads to co-ordination among all activities the total concept of materials management is a major step forward in the management field. Its integrative approach is much more effective as compared to unlinked control practiced earlier. The management of various types of inventories is also a very important task of every organization either it is a manufacturing organization or a service organization including the hospitality industry. In this research paper we focused on different material management policies and purchase plans specially in Taj Hotel.
Keywords:Material Management Policies, Hotel Industry, Purchase Plans, Taj Hotel.

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