IJBMT

Measurement of the efficiency performance of the Bahrain Stock Exchange through the Economic Vision of the Bahrain until year 2030

Dr. Ahmed Mohammed Arbab , Dean, Faculty of Administrative and Financial Sciences and Dr. Mohamed Moussa, Department of Management and Marketing

The stock market considered as a target for investors who are interested in efficient allocation of financial resources available to them, that requires a degree of accuracy of companies financial data and information that traded its instruments in the market, therefore for investors will able to rationalize their decisions and to achieve high profits in a market characterized by efficient. It is no doubt that the experiences of stock markets in developed countries characterized by high efficiency as a result of the availability of powerful and effective systems for company information and market itself, which makes stock prices reflect all available information, and within this context the questions about the place of Arab financial markets, and impediments to efficiency.

New Avenue of Tourism & Revenue Generation in India – “Medical Tourism”

Dr. S. P. Rath, Professor, Dr. Biswajit Das, Dr. Shivshankar Mishra and Prof. Priya Puthan

Medical Tourism in the global context is at the rising trend in the third world because of affordability, cost, facility and expertise of some countries from the first world and also from the third world countries too. Third world countries like Cuba, Argentine, Mexico, Hungary, South Africa, Thailand, Singapore and India are the major players in the world. Developed world look for cost savings for treatment outside the country, developing countries are looking for expertise and the cost factors for considering a neighbouring country. Health tourism, in the Indian context is at par with other industry in the domestic sector. Medical tourism has many implications and impacts on the national economy, professional ethics, and medical practices and on the local economy. Non availability of the regulations in this sector in India leads to many rackets, scams and news making events.

The Analysis of Road Traffic Accident Using the Grey System Theory "Case Study: Fars Province, Iran"

Ali Mohammadi, Management Department, Shiraz University, Iran and leyla Moradi, Management Department, Shiraz University, Iran

As we know road traffic accident have become a more and more important factor that restrict the development of economy and threaten the safety and health of human beings in developing countries such as Iran. Because of this, the purpose of this paper aims to analyze road traffic accident in Fars province under the condition of incomplete information. As the grey system theory could deal with the problems whit incomplete or unknown information and also the small samples, this paper uses the grey relation method to analyze road traffic accident and uses GM(1,N) model to predict the trend in the case study of road traffic accident in Fars province.

Productivity Management Of Public Sector Development Banks In Bangladesh

Dr. S. M Rabiul Alam, Assistant Professor of Accounting, Dept. of Humanities and Dr Syed Zabid Hossain, Professor (Former Pro-Vice Chancellor, Khulna University)

In Bangladesh Shilpa Bank (BSB): Deposit per employee, Investment per employee, total expenditure per employee, manpower expenses per employee, and non interest income per employee had an increasing trend during the period of review. While working fund per employee, loans and advances per employee, interest income per employee, and net profit per employee had a decline trend over the study period. In Bangladesh Shilpa Rin Sangstha (BSRS): Deposit per employee, total income per employee; non interest income per employee, interest income per employee had an increasing trend during the period of review. While investment per employee, working fund per employee, loans and advances per employee total expenditure per employee and net profit per employee had a decline trend over the period.

The Nigerian Public Procurement Act of 2007 and Good Governance in Benue State of Nigeria

Dr Saasongu Ezekiel Nongo, Department of Business Management, Benue State University, Makurdi, Nigeria

The Nigerian Public Procurement Act of 2007 aims to curb the level of wastages and leakages in the Nigerian economy due to the inefficiency in the public procurement system. The Act applies only to the Federal Government of Nigeria and can be applied in a state or local government if the provisions of the Act are adopted as laws of the state or local government. The provisions of the Act are not yet adopted as laws of Benue State Government of Nigeria. The provisions of the Act cannot be legally enforced in Benue State and so the desired public procurement reforms and benefits are not realizable in Benue State. However Benue state government procures goods and services. There are incidences of non performance and poor execution of public procurement even where contract amounts are paid by Benue State Government.

The Survey of Learning Organization Characteristics in Broadcasting Organization of Islamic Republic of Iran

Homa Doroudi, Assistant Professor, Faculty of Social Sciences & Humanistic, Management Department

This paper tries to study learning organization characteristics, based on Peter Senge's original model namely, personal mastery, mental models, shared vision, team learning and systems thinking in Iran Broadcasting Organization on the basis of sexuality, education and record of employment, in order to provide their applicable conditions. The methodology was a survey research, employed questionnaire among sample personnel of the organization.Order to analyze the data, descriptive and deductive statistics was used. Findings showed that personnel's performance on the basis of sexuality, education doesn't have a meaningful difference but aspect of record of employment has a meaningful difference and personnel's performance with less employment's record is better than those with more employment's record with respect to having the learning organization characteristics.

The Effects of Rent-seeking in Dissipating Developmental Efforts: The Ethiopian Experience

Desta, Asayehgn, Ph.D.,Sarlo Distinguished Professor of Sustainable Economic Development

The liberalization measures in Ethiopia for the last seven years have contributed to strong economic growth which has lifted the economic and social well-being of at least some of the more fortunate Ethiopians. The majority of Ethiopians, however, have remained at the margin of this process, failing to share the benefits of economic growth. To tackle the chronic poverty and rampant unemployment that the country is facing, policy makers have attempted more recently to retool the country.s economic structure to mirror the East Asian Developmental State economic model. To rekindle hope for Ethiopia.s economic future, Ethiopia.s Developmental State Model has been guided by very strong government intervention in the market, giving power and authority to the government bureaucracy to plan, supervise, and implement the developmental processes of the country.

Job Characteristics as Predictors of Work Motivation and Job Satisfaction of Bank Employees

S.Md.Azash, Ramesh Safare, Dr.N.Thirupalu and Bande Subhan

In this study an attempt have been made to study job characteristics as a predictor of work motivation and job satisfaction. For achieving these objectives data is collected with the help of administration of questionnaire to bank officer working in the both public and private sector banks in Andhra Pradesh. The principal tools for analysis of data are carried out with the help of correlation and multiple regression analysis. The results reveal that Skill variety identified as significant and positive predictor of the job satisfaction whereas task identity, task significance, autonomy and feedback are negative predictor of job satisfaction. With regard to intrinsic motivation is caused by Task significance, autonomy and feedback are significantly and positively predictor of intrinsic motivation. Autonomy is only the dimension which is negatively predictor of extrinsic motivation.

Impact of Panchayati Raj Institutions on Participatory Governance in Tribal areas The case of the Kutia Kondhs

Mr. Anil Ota, Mr. Anand Ota and Mr. Prithweeraj Acharya

The present paper aims at analyzing the alterations that have been incorporated into the mode of governance in Tribal areas after the enactment of the Panchayat Extension to Scheduled Areas Act, 1996. The empirical study to examine the dynamics of participatory governance amongst the Kutia Kondhs (a Particularly Vulnerable Tribal Group) was carried out in the Belghar region of the Phulbani District of Odisha. A glimpse of the pattern of governance in ancient India has been provided as a backdrop for facilitating better understanding of the nature of administration of law and justice being practiced through statutory councils especially in Rural and Tribal areas of the State and Country. The key findings of the study reveal that although a number of reforms in the form of adherence of democratic procedures of electing public representatives, emergence of youth leaders in the political scene of the society etc.

Implications of TOC on TCE Sourcing-Based Decision

Dr. Daniel Pacheco Lacerda, Dr. Luis Henrique Rodrigues, Dr. Ricardo Augusto Cassel and Msc. Secundino Corcini Neto

In the literature, there are several papers describing the use of either the Theory of Constraints (TOC) or the Theory of Transactions-Cost-Economics (TCE) to help sourcing decision making. The purpose of the study, however, is to examine the utilization of TOC together with TCE in order to draw its implications on sourcing decisions improvement. This is done by the application of both approaches to an illustrative case, and a discussion of the results. The analysis of the case shows that the best sourcing decisions, in terms of organizational measures, are achieved through the combined application of both theories.

Agro-Tourism A Specialized Rural Tourism: Innovative Product Of Rural Market

Mr. Paresh V. Joshi and Mr. Milind B. Bhujbal

The paper approaches a study of Agro-Tourism as a specialized form of rural tourism, in the context of rural market. Rural markets as a part of economy, have untapped potential. To fully explore such a potential it is necessary to develop the innovative products in the rural markets. Tourism in rural area is a very important factor, which can positively influence regional development. Tourism has great capacity to generate large scale employment and additional income sources to the skilled and unskilled. Developing tourism in rural areas increases participation of the poor and brings wider benefits. This paper focuses on the rural urban relationship for the rural product, concept of Agro-Tourism and its applicability, various products and services of the agrotourism and at last the SWOT analysis which helps to understand the opportunities and challenges for the development of agro-tourism as a innovative product in the rural market.

Value adding scope through efficient Supply Chain Integration: a study into the supply chain network of Grameenphone Ltd. in Bangladesh

Md. Tamzidul Islam, Lecturer, BRAC Business School, BRAC University, Bangladesh

Telecommunication industry, being one of the fastest growing industries in Bangladesh, lacking in integration specially within the supply chain network. Supply chain integration is the integration of information, process, knowledge, systems, organizational structure and culture which helps to improve performance of the supply chain organization in the most efficient manner. This particular paper is concentrated on identifying and suggesting the value adding opportunities available through efficient supply chain integration within the supply chain network of Grameenphone Ltd, the leading telecommunication service provider in Bangladesh. Moreover, the research investigated the reasons for those gaps, areas of improvement and current challenges for improvement.

Towards an abductive mode of thinking in management consultancy

Marc Logman (PhD.), Founder of LOGMAN (Logical management) consulting, including simple consultancy

Managers face an important paradox today, that of capitalizing on the benefits associated with strict knowledge systems and procedures without suffering however from its rigidity-inducing effects. Management consultancy should take that into account and rather use an abductive (“may be”) approach , instead of a deductive (“must be”) or inductive (“is”) approach. As a facilitator, the consultant should teach his clients to master and adapt the frameworks/solutions, after the consultant leaves the company.

Doctor’s expectations from pharmaceutical companies: which will influence their prescription behavior

Dr. Malhar Jayant Kolhatkar and Irfan Sharfoddin Inamdar

The objective of pharmaceutical marketing is to make profits through satisfying customer needs and wants. Hence, the marketers have to understand the real needs, wants, belief and attitude of customers towards products and services. A strong and different approach of promotion as compared to the competitor may be required for sustaining and growing the business. Pharmaceutical companies develop marketing strategies which will enhance the customer delight. However in doing so companies loose the focus and goes all the way to do all the classical methodology which is used by every other pharmaceutical company. This will not only increase the cost and waste the valuable time but also hurts own image in front of their valued customer that is doctors. To get the solution for this we have taken response from the customer (doctors) in the questionnaire format.

Non-Performing Assest: Comparative Position of Public and Private Sector Banks in India

Mr. Sandeep Aggarwal, Assistant Professor, Indira Gandhi P.G. Regional Center- Mirpur and Ms. Parul Mittal, Assistant Professor, Indira Gandhi P.G. Regional Center- Mirpur

Today the Indian banking system has undergone significant transformation following financial sector reforms, adopting international best practices. Several prudential, payment, integrating and provisioning norms have been introduced, and these are pressurizing banks to improve efficiency and trim down NPAs to improve the financial health in the banking system. It is among the best in the world because Indian banks are favorable on growth, asset quality and profitability; RBI and Government have made some notable changes in policies and regulation to strengthen the sector.

An Overview of Tribal development in Odisha

Prof (Dr) A.B. Ota ,Internationally acclaimed Anthropologist and an eminent author on Tribal Displacement and Rehabilitation

Consistent with the title, the present Article provides an overview of the scenario of Tribal development in the Eastern Indian State of Odisha. The paper has been devised on account of the rich and diverse encounters and experiences gained by the author during his extensive period of association with the Social Development sector in general and Tribal welfare in particular spanning over three Decades. After providing a brief outline of the demographic scenario of the Community and their performance relating to vital development indicators, the present paper turns its focus on highlighting the critical areas of concern for the Tribals on backdrop of the major Government programmes being implemented with the primary intent of ushering speedy growth and progress of this vulnerable section of the society.

Building and Sustaining Competitive Advantage Through Corporate Social Responsibility (CSR) And Ethics in the Telecommunication Industry in Ghana: A case Study of MTN Ghana

Asiamah Yeboah, DipM, MCIM, Chartered Marketer, B.Ed, MBA,Lecturer and Head of Marketing Department, Kumasi Polytechnic, Ghana

As changes occur in the wider external and the competitive environment, most organizations find themselves no longer able to compete as a result of lack of vision or flexibility and resistant to change. As these changes become intense, there is the need for improved strategies and plans in order to gain competitive advantage. This paper is set to find out how telecom operators build and sustain competitive advantage in Ghana using Social Responsibility instead of other available strategies using MTN as a case study. Questionnaire and interview were the main methods used. The paper provides an overview of corporate social responsibility and competitive advantage. It also examines how to build and sustain advantage using social responsibility.

An Evaluation Of Strategic Marketing Decision Tool Available For Small Medium Sized Enterprises

Asiamah Yeboah,(DipM, MCIM, CharteredMarketer, B.Ed, MBA) Lecturer/ HOD

Every organization be it large, medium or small has certain objectives to achieve. To achieve these objectives call for the development and implementation of appropriate marketing strategies. However, different scholars have come out with different strategic tools which make it difficult to know the best strategy that fits into a particular firm’s situation. This paper is intended to evaluate some of these strategic tools especially those put forward by Michael Porter and Igor Ansoff and see the one that best fits Small Medium Sized Enterprises (SMEs). Questionnaire and Focus Group Discussion were the main methods used for this study.

An Empirical Research on Sustainable Pollution Control and Environment Management of Bhubaneswar

Mangalika Mohapatra,Research Scholar,Utkal University, Ansuman Jena,Doctoral Research Scholar,KIIT School of Management and Prof.Dr.Hemanta Kumar Patra, Environment Science, Utkal University

The city Bhubaneswar came into existence since 1948; is the capital of Indian state Odisha. The city has rich cultural heritage, historic importance and socio-political significance. Over the years it has evolved as one of the fastest developing cities in India and the hub for Information Technology (IT), Industrial and Educational hub for Eastern India. The environment of Bhubaneswar was quite pleasant and temperate. Since last 20 years the level of pollution in Bhubaneswar has grown rampant. Migration, Urbanization and Industrialization in the early 1990.s has deeply and severely influenced the climate and environment of the city. Climatic fluctuations in intensity have become unpredictable.

User-centred Research and Technology Development: A Study of a Swedish University Project

Dennis Sturm, KTH Royal Institute of Technology, Sweden. PhD student and Vinit Parida, Luleå University of Technology, Sweden. Assistant Professor

University research is required to be more need-driven and user-centred in order to address research problems and market needs. However, there is a lack of understanding regarding the research approach, which can be used effectively to address the dual goals. In this study, we provide a detailed explanation regarding user-centred research approach used in a Swedish university research project. Our results suggest that integration of potential customers and lead users into the research and development stages represents a critical step for ensuring marketability of the innovative product. In addition, we highlight four specific stages related to the proposed research approach and list specific activities related to these research and development stages.

An Empirical Association between Crude Price and Indian Stock Market

Dr. Amalendu Bhunia, Associate Professor, Department of Commerce, Fakir Chand College, West Bengal and Sri Somnath Mukhuti, Research Scholar, CMJ University, Meghalaya

This study examines the short-term and long-term relationships between BSE 500, BSE 200 and BSE 100 Index of Bombay Stock Exchange and crude price by using various econometric techniques. The study covers the period between 02.04.2001 and 31.03.2011 and was performed with data consisting of 2496 days. The empirical results show there was a co-integrated long-term relationship between three index and crude price. Granger causality results reveal that there was one way causality relationship from all index of the stock market to crude price, but crude price was not the causal of each of the three indexes.