Somaiya Institute of Management Studies & Research (SIMSR), India
Research study was conducted among Indian & Nepalese Managers in April 06 to August 06 using direct approach in getting the questionnaire filled up. Samples were selected on random basis but care was taken that they represent not only one industry segment. Of 200 respondents each from India & Nepal, only 168 from India & 152 from Nepal were considered for analysis. The top three motivational factors emerged from the study were good environment, money and challenging job. The intensity on money was more among Nepalese managers compared to Indian Sales Managers. This confirms the earlier study conducted on 1.2 million employee at 52 fortune companies from 2001-2004. As per the study by David Sirota et. al. (2006), equity with respect to treatment given fairly in areas of pay benefit, job security, achievement with respect to one’s job and good relationship motivates managers. Indian managers would like to be appreciated and work in professional culture which was not reported by Nepalese Sales Managers. Money was more among Nepalese Managers compared to Indian Sales Managers. This confirms the earlier study conducted on 1.2 million employees at 52 Fortune companies from 2001-2004.Indian Managers would like to be appreciated and work in professional culture which was not reported by Nepalese Sales Managers. Money was more important for Nepalese Managers compared to Indian Managers which may be due to economic growth dissimilarity between the two countries.
American International University-Bangladesh [AIUB]
American International University-Bangladesh [AIUB]
This study was conducted on the village based basic food processing SMEs keeping in view that in the rural areas huge number of unemployed school graduates are available. The target of this research is to characterize the current materials flow system from farms level to end users. The research is designed to study few cases of materials flow, to make current literature review on supply chain in the relevant field. The study shows that there is a long chain of products flow existing between farms to end users. The long chain is operated by the intermediate Agents who are responsible for the increase in the price of the products. The study showed that the existing supply chain reduces the benefits of producer and end users by diverting the major profits to the Agents. The study further suggested that for a sustainable growth of food processing SMEs of Bangladesh, development of indigenous technology driven Supply Chain management is essential.
IBA, University of Dhaka, Bangladesh
IBA, University of Dhaka, Bangladesh
IBA, University of Dhaka, Bangladesh
IBA, University of Dhaka, Bangladesh
Researchers documented a negative relationship between the expected returns and the level of individual stock liquidity using data from the US market [e.g., Amihud and Mendelson (1986), Brennan et. al. (1998), Chordia et. al. (2001) and Fiori (2000)]. This suggests that infrequently traded stocks provide higher returns to the investors. This is interpreted as the reflection of liquidity risk premium, since infrequently traded stocks might be riskier than frequently traded stocks as investors cannot quickly adjust their investment portfolio in line with the changes in market. Moreover, the market/systematic risk of a stock cannot be correctly estimated if it is infrequently traded (Scholes and William, 1977). In further studies, Chordia (2000) and Pastor and Stambaugh (2001) found that the stock liquidity plays an important role in asset pricing model. That is, the liquidity risk of a stock should be priced in the market, and it can be considered as yet another asset pricing factor in addition to CAPM and Fama-Frence variables (Fama and French, 1992 and 1993). Given the above background, the current paper attempts to examine the academic argument about the effect of stock liquidity risk in Dhaka Stock Exchange, using a sample of 73 stocks. Our initial results however seemed to be inconsistent with the argument that the illiquid stocks provide more returns than the liquid stocks do.
Birla Institute of Technology, India
Birla Institute of Technology, India
Birla Institute of Technology, India
This conceptual/ technical paper focuses on rewards and risks in Export Entrepreneurship from Indian subcontinent. An entrepreneurship model has been developed based on years of industry experience of researchers, for new entrepreneurs with low capital base of around Ten thousand US dollars. An international B2B export contract has been discussed threadbare considering the export risks involved. SAARC member countries trade statistics has been analyzed for relevance to Michael E. Porter Value chain model. An electrifying real life case study of Iron Ore Exporter from India has been included for reference purpose. Students and faculty of undergraduate and postgraduate management programs form the primary target audience for this conceptual/ technical paper.
People’s University of Bangladesh
University of New Castle (Bangladesh Campus), USA
Atish Dipankar University of Science and Technology, Bangladesh
Bangladesh faces the dilemma of inadequate and properly trained technology based manpower as well as an unreliable telecommunication infrastructure. Digital divide persists as social and economic disparity accompanied with the high cost of bandwidth, lack of proper regulation of resources and serious mismanagement in Information and Communication Technology (ICT) sector. To properly utilize ICT education, there is lot of scopes to develop Authors suggested that major areas to build up includes formation of enabling environment for ICT development, creation of human capital , and developing ICT applications and information content. They also argued that quality of ICT education should be enhanced by improving lab facilities, Internet accessibilities, e-learning process and access to on-line digital libraries across the country.
University of Science and Technology Chittagong (USTC), Bangladesh
The growing importance of trade globalisation over the last three decades has emphasised the issue of the management of cultural diversity. Indeed, managers or employees have to deal more and more with people from other cultures in their every day business. This paper focuses on the management of cultural diversity within Europe. As the European Union is recent entity, made of various cultures, the management of cultural diversity is of particular relevance to firms who trade mostly within this third pole of the triad. The first part is dedicated to the European management model and the second part deals with the “Euromanager”, who is the instrument of this European model in construction. The starting point is to establish the relevance of cultural diversity on business practices in analysing the work of Hofstede and Trampenaars. Then, the characteristics of a common European management model are defined and the competitive advantages resulting from the European diversity are highlighted. The different approaches firms should adopt to manage in the European cultural diversity are then emphasised as well as the future trends in European management resulting from European integration. The development of European managers is sought by every firm who looks for the ideal candidate whose characteristics are detailed in the second part of this paper. Yet it seems that this quest for a true European manager has been unsuccessful due to different kinds of barriers: educational, personal and organisational. Indeed, the way forward for a real internationalisation of the firms requires an implication of the whole firm, in which every single employee has to be aware of the importance of cultural diversity and its consequence.
American International University - Bangladesh [AIUB]
American International University - Bangladesh [AIUB]
Currently Bangladesh is exporting yearly around 32,000 tons of frozen shrimps using block-freezing process. There are many demerits of this current process, like production of inferior quality frozen shrimp, creating hazardous gases and harming human health. If this current process is changed to Liquid Nitrogen Individual Quick Frozen (LN IQF) process then, the country could earn extra $208 millions/year and could add around 0.4% to GDP. This LN IQF process could produce high quality frozen shrimp and would not create any harmful gases to the environment. Although the investment for the new process would be around $34 millions, this investment cost of the LN IQF process could be recovered within two months from the extra earning of the frozen shrimps. The LN IQF would also allow the Bangladesh shrimp producers to access directly into the international shrimp market, since in the current process they have to go through the intermediate buyers to sell the frozen shrimps. This LN IQF would reduce the supply chain of the frozen shrimps from Bangladesh to the final consumers in the international market. Consequently this would add value to our shrimp exports and increase our GDP substantially.
American International University - Bangladesh [AIUB]
American International University - Bangladesh [AIUB]
American International University - Bangladesh [AIUB]
American International University - Bangladesh [AIUB]
For the last two hundred years, neo-classical economics has recognized only two factors of production: labor and capital. This is now changing. Information and knowledge are replacing capital and energy as the primary wealth-creating assets, just as the latter two replaced land and labor 200 years ago. In addition, technological developments in the 20th century have transformed the majority of wealth-creating work from physically-based to "knowledge-based.” Technology and knowledge are now the key factors of production. With increased mobility of information and the global workforce, knowledge and expertise can be transported instantaneously around the world, and any advantage gained by one company can be eliminated by competitive improvements overnight. The only comparative advantage a company will enjoy will be its process of innovation--combining market and technology know-how with the creative talents of knowledge workers to solve a constant stream of competitive problems--and its ability to derive value from information. Keeping in view the lack of any serious research on the knowledge-based economy in Bangladesh, an extensive study is needed on this topic. This paper presents in brief about development of knowledge-based organizations and consequently the emergence of knowledge Economies in the global arena. The purpose of the discussion is to highlight the theme of knowledge-based economies in the emerging future, and bring this critical topic in focus to the research community in Bangladesh. A detailed discussion on the knowledge-based economy in the world scenario is made. The paper also attempts to compare Bangladesh’s position among other developing countries in the knowledge-based economy. In the light of the discussion in depth, some policy guidelines may be suggested for Bangladesh.
North South University, Bangladesh
This article explores the history, and some of the applications of the case study research methodology. Case study research is a time-honoured, traditional approach to the study of topics in social science and management. In recent years there has been increased attention to implementation of case studies in a systematic, stand-alone manner which increases the validity of associated findings. This article aims to provide a general understanding of the case study method as well as specific tools for its successful implementation. These tools can be utilised in all fields where the case study method is prominent, including business, anthropology, communications, economics, education, medicine, political science, social work, and sociology.
