INTERNATIONAL BUSINESS

Gandhian Economic Order–Building An Alternate to the Globalisation

World has experienced, the great economic depression in the year 1929. Today, in the year 2008, world is again passing through the stage of a big economic recession, which has its originating roots in the developed world. During the period of great depression, the world trade was declined by 60 percent whereas during the current economic recession, the trade and economic activities have suffered substantially. The fundamental difference in the great depression and in the present economic recession is that, the former has taken place in the colonial era whereas the later has occurred in the Globalized era. The present economic crisis has been deeply affected by the economies of the world but the Indian economy has been able to minimize the negative impacts of current crisis due to its strong agricultural base. The Globalization has brought many social, cultural, economical and political evil effects with it. In turn, it requires a viable model to address all these problems. In this paper an attempt has been made to study Gandhian Economic Order as an alternative to the Globalization. The main objective of the research paper is to analyze the relevance of Gandhian Economic Thoughts as an alternative of the Globalization. It is observed that Gandhi never favored such form of Globalization Which is based on the philosophy of exploitation and violence . He advocated that form of Globalization where the culture of peace, love, happiness, nonviolence, harmony, mutual trust respect and prosperity coexists along with each other.

kulbhushanchandel@gmail.com
 

SUPPLY CHAIN MANAGEMENT

Supply Chain Management and Network Distribution of SAFAL Market

Supply Chain Management consists of all parties involved directly or indirectly in fulfilling a customer request. The supply chain not only includes the producers and suppliers but also transporters, warehouses, retailers, and customer themselves within each organization such as producer, the supply chain includes all function involved in receiving and filling consumer request.Improving the post harvest management means an overall improvement in the per unit productivity. In last one decade various marketing models have been initiated, Mother Dairy cooperatives in fresh fruits and vegetables under the name of SAFAL, further their alternative whole sale market- SAFAL Market. The traditional Indian markets have a non-existent infrastructure of packing, grading, sorting and cold storages. The commission agents and traders dominate the supply chain and are the major price setters, thus most of the times farmers are dependent on them for credit. Farmers are not aware of the price setting mechanisms as the system is not transparent and thus don’t have any incentive to produce efficiently.The National Dairy Development Board (NDDB) has started the Fruit and Vegetable Unit of SAFAL at Delhi, which is one of the first fruit and vegetable retail chains set up as a part of the Mother Dairy Foods Processing Ltd. The retail unit provided a direct link between fruit and vegetable growers and consumers. The other initiative was a fruit processing Plant of SAFAL at Mumbai, a 100 per cent export-oriented unit, which capitalizes NDDB's food processing strength. NDDB has set up an alternate system of wholesale markets in Bangalore as a pilot project. The initiative is named as SAFAL Market and is initiated to fine-tune horticultural growth in India, by a shift in their earlier retail chain model to a wholesale market concept.This paper addresses the Supply Chain Management as it concerns with ‘integration’ of firms in the face of coordinating materials and information flows within a procurement-production-distribution network in order to attain the Safal Market goals with special reference to fruits and vegetables.

 

chandruids@yahoo.com

HUMAN RESOURCE MANAGEMENT

Factors Analysis with reference to training of Line Staff in Jaipur Dairy, Rajasthan

Due to highly competitive market and demanding consumers, producers require skilled and dedicated workforce. Especially, in milk industry which deals in one of the most perishable FMCG industry. The expansion of product line of milk products has increased the use of capital in milk plants which furthers the cause of proper training of labour force. It becomes imperative to examine the attitude of workers to understand the important factors for designing training programmes. The study identifies key forms of training using factor analysis and examines their managerial implications.

Shraddha Banga
Lecturer
ICFAI National College
Jaipur,Rajasthan

shradha.banga@gmail.com

 

ETHICS IN MANAGEMENT

Whistle Blowing

The term whistleblower derives from the practice of English bobbies who would blow their whistle when they noticed the commission of a crime. The blowing of the whistle would alert both law enforcement officers and the general public of the danger.A whistleblower is an employee, former employee, or member of an organization, especially a business or government agency, who reports misconduct to people or entities that have the power and presumed willingness to take corrective action. Generally the misconduct is a violation of law, rule, regulation and/or a direct threat to public interest, such as fraud, health/safety violations, and corruption. Whistle-blower meaning he exposes wrongdoing, fraud or inefficiency in his or her workplace, where one is not supposed to.

harsh_vineet@yahoo.co.in

STRATEGIC DECISION MAKING

Lehman: Premier Branded Talent Syndrome

These days, the management gurus, economists, politicians, governments and corporate players are debating about the reasons for the downfall of organization like Lehman which used to be Mecca for most of the management graduates from the premier branded management institutions. Many companies formulate their strategies by incorporating the myth that the talent is only available in premier institutions and talent becomes super talent if they pay the executives exorbitant salaries of millions of dollars at even entry level. Interestingly, Lehman was the organization packed with the decision makers equipped with their MBA degrees from the premier business schools in the world. The failure of these executives (who could be termed as premier management talent) raises serious question about the recruitment strategies of many organizations which give revered status to premier branded institutions by offering their students Moon and stars even before letting them to prove their worth and also the deterioration of quality of management education in the premier branded institutions which used to publicize about the placement of their graduates with Lehman and other organizations at exorbitant salaries.This article contributes the innovatory dimensions (with significant focus on premier branded talent and exorbitant salaries), to the whole issue which till now has never been debated / researched intensively and extensively for such corporate failures.
 

dr.anilsarin@gmail.com

PUBLIC MANAGEMENT

Social Economic Impacts of HIV/AIDS on Handicraft Micro Enterprises in Botswana

One of the common Micro Enterprises (MEs) recognised in Botswana is the production and selling of handicrafts targeting tourism industry and in the process creating employment for Botswana. Tourism has been identified as an engine of economic growth and diversification in Botswana. However, challenges posed by Human Immune Virus and Acquired Immune Deficiency Syndrome (HIV/AIDS) have affected all sectors of the economy including the handicrafts industry. There is a need therefore to investigate the Social economic impacts of HIV/AIDS on handicraft micro enterprises in Botswana. Using a structured questionnaire, the study collected data from a randomly selected sample 302 handicraft dealers. Application of analysis of variance (ANOVA) was used to take into account the comparison of various responses. The study found out that the significant factors that affect the management of MEs included educational levels, income level, raw materials source, transport mode, sickness and nationality of handicraft dealers. The primary effect of HIV/ AIDS included effects on productivity, time out of business, income levels, while secondary effects included qualities and quantities of raw materials/products including their transportation. The study recommends development of training packages to address handicraft sector on HIV/AIDS and on business management issues.
 

Mburupt@mopipi.ub.bw