Analysis on the Level of Financial Inclusion in Krishna District: Andhra Pradesh - A Step towards Development

Volume 12 Issue 1 June - August 2017

Research Paper

Analysis on the Level of Financial Inclusion in Krishna District: Andhra Pradesh - A Step towards Development

P. Raja Babu*

*Associate Professor & Alternate HOD, Department of MBA, KLU Business School, KL University, Andhra Pradesh, India.

Babu, P. R. (2017). Analysis on the Level of Financial Inclusion in Krishna District: Andhra Pradesh - A Step towards Development. i-manager’s Journal on Management, 12(1), 33-44. https://doi.org/10.26634/jmgt.12.1.13568

Abstract

In India, particularly low-income people are having very little access to formal financial services. As per the RBI's Financial Stability Report of June 2013, savings of rural households to GDP has fallen from 36.8% in 2007-08 to 30.8% in 2011-12. It clearly indicates that there is a need for strengthening formal financial system for the development of an economy. Nation Sample Survey Organization's data reveals that out of 89.3 million households, only 45.9 million households, i.e., 51.4% do not have access to credit. This study investigates further status of financial inclusion among rural households in Krishna District, Andhra Pradesh and examines the factors to motivate rural households for expansion of financial inclusion and reducing informal lenders in Krishna District, Andhra Pradesh.

Job Satisfaction among Executive Level Employees in Selected Private Sector Banks in Punjab: A Comparative Study

Volume 12 Issue 1 June - August 2017

Research Paper

Job Satisfaction among Executive Level Employees in Selected Private Sector Banks in Punjab: A Comparative Study

Sanjeev*, N.S. Bhalla**, T.S. Sidhu***, Shruti****

*,**** Research Scholar, IKG Punjab Technical University, Kapurthala, India.

** Director, Global Institute of Management, Amritsar, India.

*** Director, Shaheed Bhagat Singh Technical Campus, Ferozepur, India.

Sanjeev.,Bhalla, N. S.,Sidh, T. S., and Shruti (2017). Job Satisfaction among Executive Level Employees in Selected Private Sector Banks in Punjab: A Comparative Study. i-manager’s Journal on Management, 12(1), 25-32. https://doi.org/10.26634/jmgt.12.1.13567

Abstract

This research paper presents a better understanding of how the HRM practices put an impact on the level of Job Satisfaction among executive level employees in the banks under study. Level of employees' satisfaction with their jobs clearly gives crucial clues concerning the culture and growth of an organization. The kind of environment that prevails in any organisation depends upon the HR policies implemented by the Top Management. Consequently, these policies shape the specific HR Practices being adopted. Ultimately, the satisfaction level of employees, especially at executive levels, is affected to a great extent through these policies and practices. The inference drawn from the analysis was that although HR Practices, if perceived appropriate, increase the level of Job Satisfaction of the employees yet the job satisfaction level comes out to be different among all the banks under study.

Technology Transfer in India: A Facet of Manufacturing Industries

Volume 12 Issue 1 June - August 2017

Research Paper

Technology Transfer in India: A Facet of Manufacturing Industries

K.S. Sekhara Rao*, V. Sri Divya**

* Assistant Professor, KLU Business School, KL University, Andhra Pradesh, India.

** Management Graduate, KLU Business School, KL University, Andhra Pradesh, India.

Rao, K. S. S., and Divya, V. S. (2017). Technology Transfer in India: A Facet of Manufacturing Industries. i-manager’s Journal on Management, 12(1), 15-24. https://doi.org/10.26634/jmgt.12.1.13566

Abstract

Technology is an embody of backbone for national growth. Technology advancement and its effective results impact directly on the economic development. The technology transfer only makes the countries to become more vibrant. Globalization is a phenomenon for technology transfer among different countries. Technology transfer is the flow of knowledge or process of technology from one country to another country. It includes flow of skills, values, organization and capital from the point of generation to the site of adaptation and application. In today's modern era, businesses were been keen on profitable exploitation through the appropriate technology transfer. Global competitiveness drives the organization for technology transfer as a reliable source for noteworthy upshot and making profit out of it. The headway of technology transfer in manufacturing sector in India has been magnifying with potential prerequisite. The industries in India has been upgrading with technology transfer in order to sustain in market with the competitive edge. In view of this, the study would throw a light on the technology transfer and its impact on the development of manufacturing industries in India. This study has identified the variables that affect the technology transfer and acts as a control measure in the implementation for the successful technology transfer.

Active Determinants for Adoption of Mobile Wallet

Volume 12 Issue 1 June - August 2017

Research Paper

Active Determinants for Adoption of Mobile Wallet

Pankaj Yadav*

*Lecturer (Commerce), Department of Higher Education, Government of Himachal Pradesh, India.

Yadav, P. (2017). Active Determinants for Adoption of Mobile Wallet. i-manager’s Journal on Management, 12(1), 7-14. https://doi.org/10.26634/jmgt.12.1.13565

Abstract

There has been a rapid rise in the growth of mobile technology throughout the world. In Indian perspective, it provides benefits to both customers and service providers. First to the customer (demand) side, it represents an opportunity for financial inclusion among a population that is underserved by traditional banking services. On the service provider (supply) side, it opens up possibilities for financial institutions to deliver a great diversity of services at low cost to a large customer base of the poorest sections of society and people living in remote areas. This paper identifies the active factors that influence people’s intention to use mobile wallet in India. Data was collected from a sample of 350 people from all four zones in India i.e., east, west, north, and south. The data was collected through a well structured questionnaire, by asking open ended and close ended questions regarding their attitude towards mobile wallet and their intention about its adoption/use. For analyzing and interpreting data in the present study, basic statistical tools and logistical regression analysis was used with the help of SPSS 16.0 version. Keeping in mind the previous studies, six factors (i.e., perceived quality of service, perceived risk, perceived usefulness, perceived cost, perceived ease of use, and trust) which drive customers’ intention to use mobile wallet have been chosen. The effectiveness of these extracted factors have been examined and observed that only one significant factor i.e., perceived usefulness is the factor which actively influence future intention to adopt/use mobile wallet. Further the study exhibited that perceived usefulness positively influence the intention to use/adopt mobile wallet. This model has the overall predictability of classifying 85.1% cases correctly and exhibited that 96.5% people are classified for adopting/using mobile wallet services whereas 35.4% people for not having intention to adopt/use it in future.

Competitive Advantage for a Small Information Technology Consulting Firm: Study of Managerial Hiring Preferences of Business Analyst Information Technology Consultants

Volume 12 Issue 1 June - August 2017

Research Paper

Competitive Advantage for a Small Information Technology Consulting Firm: Study of Managerial Hiring Preferences of Business Analyst Information Technology Consultants

Darren Mankasingh*, Franklin Ramsoomair**

* MBA Graduate, Ryerson University, Toronto, Ontario, Canada.

** Faculty, Ted Rogers School of Management, Ryerson University, Toronto, Ontario, Canada.

Mankasingh, D., and Ramsoomair, F. (2017). Competitive Advantage for a Small Information Technology Consulting Firm: Study of Managerial Hiring Preferences of Business Analyst Information Technology Consultants. i-manager’s Journal on Management, 12(1), 1-6. https://doi.org/10.26634/jmgt.12.1.13564

Abstract

This study investigates whether a smaller IT consulting firm can gain a competitive advantage over a larger consulting firm. It asks hiring managers in Canadian financial institutions and wealth management firms to provide their opinion on what are the most desired characteristics of a consultant, the most desired hourly rate for the consulting services provided, and the best approach to marketing these consulting services. The study found that a small IT consulting firm can gain a competitive advantage over larger consulting firms by offering similar high quality services as a larger firm, but at a reduced price. The CBAP® (Certified Business Analyst Professional) certification proved to be an influencing factor in the hiring process. Hiring managers expect the consultant to have at a minimum, a bachelor’s degree and six to nine years of work experience. It was discovered that the most desired characteristic of a business analyst IT consultant is the “Ability to deliver”. The best approach to marketing consulting services to a hiring manager is to use word of mouth. The findings of the study provide insights that Vanijem Consulting Inc., which is a consulting firm that the investigator owns and operates, can use to develop a marketing and hiring strategy.

A Study on Granger Causality in the CAPM

Volume 11 Issue 4 March - May 2017

Research Paper

A Study on Granger Causality in the CAPM

Mihir Dash*

*Head Department of Quantitative Methods, School of Business, Alliance University, Bangalore, India.

Dash, M. (2017). A Study on Granger Causality in the CAPM. i-manager’s Journal on Management, 11(4), 61-68. https://doi.org/10.26634/jmgt.11.4.13452

Abstract

At the heart of the Capital Asset Pricing Model (CAPM) lies the concept of systematic risk. The systematic risk of a security is that component of the total risk of the security that is explained by market risk. This is captured through the regression of security returns rt on market returns rMt , viz

The regression coefficient β(r) measures the sensitivity of returns of the security to changes in market returns.

From an econometric perspective, two concepts become relevant in this context. Firstly, in order for the above regression to be meaningful, the time series {rt} and {rMt} should be stationary. In particular, the presence of a unit root would undermine the significance of β(r), and therefore threaten the entire basis of the CAPM. Secondly, there should be some form of causality from changes in market returns to changes in security returns. In particular, Granger causality from market returns to security returns must hold.

It is in this context that stationarity and Granger causality should be examined for the security line, as represented by the above regression. As Soufian (2001) has pointed out, in order for the regression analyses used for CAPM and APT (Arbitrage Pricing Theory) tests to be meaningful, it is essential to identify the processes that generate the series. In particular, Granger causality may offer an approach to determining the macroeconomic variables that influence asset returns in general.

Evaluation and Effectiveness of E-Learning in the Corporate Training Process with Special Reference to Four and Five Star Hotels in Tamil Nadu – India

Volume 11 Issue 4 March - May 2017

Research Paper

Evaluation and Effectiveness of E-Learning in the Corporate Training Process with Special Reference to Four and Five Star Hotels in Tamil Nadu – India

Renju Mathai*

*Assistant Professor and Programme Leader, Department of International Business and Management Studies, Stenden University Qatar, Qatar

Mathai, R. (2017). Evaluation and Effectiveness of E-Learning in the Corporate Training Process with Special Reference to Four and Five Star Hotels in Tamil Nadu – India. i-manager’s Journal on Management, 11(4), 53-60. https://doi.org/10.26634/jmgt.11.4.13451

Abstract

Hospitality industry is a vibrant and dynamic industry which has already been started using E-Learning as a training tool. In spite of being one of the most important industries in India, research in the usage of E-Learning in hospitality industry is extremely limited in India. This study seeks to partially fill this gap in through the review, by investigating the demand, effectiveness and evaluation of E- Learning in the corporate training process in the hospitality industry. The data are collected from both employees and managers in the four and five star corporate group hotels in Tamil Nadu, India .This study shows that demand and effective training through E-Learning is one of the robust technologies which will definitely enhance the quality in a faster pace of learning and training the employees in the hospitality sector. This study also reveals that, E-learning was provided by the hotels, by evaluating the training programs, identifies that the training content can be modified and organized in a proper planning for a successful outcome of the future training. The outcome of the results indicated that, some of the hotels were ready to accept by conducting a survey feedback, doing cost benefit analysis, and customer feedback. Few properties and managers mentioned that they didn't have much time to conduct a thorough evaluation process. This transformation will bring mobility of the corporate managers to be positioned in a centralized location to facilitate and incorporate the best training practices that the hospitality industry is lacking in the proposed region of the study.