Abstract:Management education in India is under increasing demand with close on a lakh of students passing out each year. Demand has especially increased after changes towards privatization and globalization, offering great potential to aspiring MBA students. According to the Business Standard dated 20th March 21, 2014 “India’s Marquee B-schools make a dash for global recognition”. Tangible benefits of international accreditation attract global faculty and students besides helping justify higher fees. Further, B-schools are not satisfied with a single accreditation, but want the triple-crown, namely. Association to Advance Collegiate Schools of Business (AACSB), Association of MBAs (AMBA) and European Quality Improvement System (EQUIS).
Keywords:Management education, Global recognition.
This PPT briefs us the basic drawbacks in Indian Curriculum of MBA education and hence what measure be taken to improve it by 2020 i.e., how curriculum be designed in B-Schools such that our demand of managers is increased worldwide
This paper was set to examine training and development in the banking sector and reaffirm the investment in training and development. In line with the assertion made by the literature and the evidences gathered in the process of the study, the following recommendations were made: It is an established fact that no serious minded organization like banks can be staffed by people with expertise and potentials in the various disciplines needed for its total functioning simply by recruitment and selection, it’s the systematic training and development of personnel on continuous basis that can harness the totality of human resources in the organization, banks should ensure that any training and development which takes place is based on proper analysis of its contribution to the effectiveness and efficiency of banking industry. The data collected from different sources was cross checked. Different statistical tools and techniques were used like mean, mode, median, averages, t-test and chi-square. The paper concluded that investment in the area of training and development in the human resources will bear the fruits much fold for the banking industry of the two countries. For the Indian banks have established their training institutes for the purpose of training its staff which was lacking with their counterparts. Each employer who invests seriously in the area of Training and Development will reap the benefits of an enriched working environment with higher levels of staff retention as well as increased productivity and performance. In the modern computer era training has gained the reputation of dynamic concept which needs to be understood in that perspective most of the modern banks which do not respond to the dynamic change that are seen in changed environment may fail to respond to the needs of customers. Training is one of most important and effective means of bringing about change in banking sector. Hence, the study is carried with the aim of studying training implementation in these selected banks.
This PPT briefs us the basic drawbacks in Indian Curriculum of MBA education and hence what measure be taken to improve it by 2020 i.e., how curriculum be designed in B-Schools such that our demand of managers is increased worldwide
This paper was set to examine training and development in the banking sector and reaffirm the investment in training and development. In line with the assertion made by the literature and the evidences gathered in the process of the study, the following recommendations were made: It is an established fact that no serious minded organization like banks can be staffed by people with expertise and potentials in the various disciplines needed for its total functioning simply by recruitment and selection, it’s the systematic training and development of personnel on continuous basis that can harness the totality of human resources in the organization, banks should ensure that any training and development which takes place is based on proper analysis of its contribution to the effectiveness and efficiency of banking industry. The data collected from different sources was cross checked. Different statistical tools and techniques were used like mean, mode, median, averages, t-test and chi-square. The paper concluded that investment in the area of training and development in the human resources will bear the fruits much fold for the banking industry of the two countries. For the Indian banks have established their training institutes for the purpose of training its staff which was lacking with their counterparts. Each employer who invests seriously in the area of Training and Development will reap the benefits of an enriched working environment with higher levels of staff retention as well as increased productivity and performance. In the modern computer era training has gained the reputation of dynamic concept which needs to be understood in that perspective most of the modern banks which do not respond to the dynamic change that are seen in changed environment may fail to respond to the needs of customers. Training is one of most important and effective means of bringing about change in banking sector. Hence, the study is carried with the aim of studying training implementation in these selected banks.
Industry Based Vocational Higher Education Management Model (IVHEMM) On Engin...AM Publications
Industrial participation in an educational development remains low. This case caused by the absence of clear and detailed provisions of the Government about industrial involvement in the development of vocational higher education. There are several factors that influence the success of a cooperation program in vocational higher education with industry, such as : discrepancy of competency which is produced by higher education with the needs of industry, the lack of industry concern on education, the implementation of quality culture, the application of ICT technology, poor attitude of entrepreneurs, and the work of higher education which do not have commercial value. The research objective is to develop a vocational higher education management model on engineering industry. Preliminary studies conducted at several vocational universities namely Semarang State Polytechnic, ATMI Polytechnic, Bandung Manufacture Polytechnic, Ceper Manufacture Polytechnic and Academy of PIKA. The method of this research apply R & D (Research and Development) with the phases of conducting some preliminary research, developing and testing the product of vocational higher education management model research on engineering industry. Results of the research formulate vocational higher education management model on engineering and guidebooks. The novelty of this study is the importance of improving management performance in vocational higher education. The factors that influence the performance improvement of vocational education management are (1) the level of better industrial relations; (2) the application of quality culture in vocational higher education, (3) strategic technological adaptation to the environment, and (4) the improvement of the quality of education through the implementation of Total Quality Management Education.
Globally, logistics is an important economic
activity valued at about USD 320 billion a year and growing at
an annual rate of 3 to 10 percent. Malaysia has recognized the
industry as the main key towards enhancing Malaysia’s progress
on becoming a globally competitive fully developed nation. It
was predicted that the logistics industry would grow at 8.6%
during the year 2006 – 2020 plan period and contribute 12.1% to
Growth Domestic Product (GDP) by 2020. Therefore, the
development of the human capital or human resource for the
logistics industry in Malaysia becomes important in confirming
the nation’s competitiveness. Accordingly, the aim of this study
is to produce a feasible framework of human-resource
development for the logistics industry in Malaysia.
An Assessment of Knowledge, Skills, and Attitudes of Accountancy Business and...IJAEMSJORNAL
This research study aimed to assess the core competencies acquired by the ABM senior high school students of Cabanatuan City, Nueva Ecija. This assessment was done during their Work Immersion at ASKI Group of Companies, Inc. Corporate Office located at 105 Maharlika Highway, Cabanatuan City, Nueva Ecija. The study revealed that majority of the respondents agreed that students were already knowledgeable when it comes to different areas like common terminologies used in a workplace. It also shows that they are already skilled and possessed qualities needed to be competent. However, some respondents mentioned that some students still cannot analyze problem effectively and were not able to demonstrate good judgment in handling routine problems.
Role of Pre-Employment Training in Enhancing Employability of Diploma EngineersINFOGAIN PUBLICATION
This paper presents an empirical study conducted to find out the role of pre-employment training in enhancement of employability. The study was specifically focused upon the automobile cluster employing the fresh engineering diploma holders. The universe of the study consisted of 26 such industries. Stratified random sampling technique was employed for drawing the sample classified into two groups: - 1) Managerial level and 2) Supervisory level consisting of engineering diploma holders. Standardized scales were administered to 572 Ss out of which 12 responses were dropped down, and 560 Ss were retained in the final sample put to experimentation. Descriptive and analytical research techniques were applied for the analysis of the data collected during the experiment. Statistical tools like ‘Cronbach alpha coefficient’, ‘Pearson correlation coefficient’, ‘Analysis of variance (ANOVA)’ etc were employed for treatment of the collected data for drawing the useful conclusions and testing of the hypotheses. From the experimental analysis the employability of diploma engineers was found to be associated with pre-employment training. Such a study focused on the fresh engineering diploma holders employable by the industries has yet not been reported in the literature.
This is a case study written by faculty of JIMS, Rohini on the "success and significant: brand journey of JIMS", which got selected in IIM, roorkee. The case looks at the Delhi based PGDM institution Jagan Institute of Management Studies’ successful run of two decades and discusses some of the past, present and future challenges in light of its product and brand strategy
Delhi Education holds a good number of schools, colleges and universities in Delhi, which is a great place of cultural excellence. With the emergence of research institutes and new colleges, educational standards in Delhi have raised its level to one of the best educational hubs in India.
Abstract: The case study discuss about production process in Better Castings Company. Consider for a moment what it takes to produce a product in manufacturing industry that has to produce different products at various times. Major, there are the logistics of scheduling and raw material handling. Then, add the human labour factor affecting both quality and efficiency. The production process in the company is similar to the other production process of companies where the raw material transfer from foundry to store, store to the lathe machining for parting material, from lathe machining to the CNC (computer numerical control) machines where the first operation and the second operation are carried out to obtain the final design of the ring joint gaskets. After the final machining the obtained product is carried to the quality control where the visual inspection, dimensional inspection, Quality of product & the specifications of the product are checked depending on the customer requirement. While machining product the tolerance in tool fit will affect the dimensions of product. Due to that product can’t reach its specification limit given by customer. So company losing its machining time in the form of reworks and rejections, man power and production. This is common problem in many small scale manufacturing industries. In order of considering all these process a single change in production process leads better quality and efficiency production of company. The paper shows a solution to reduce machining time and man power in order to increase production of a company.
Keyword: CNC (computer numerical controlled machines), better castings, job, Q.C (quality control), Q.A (quality assurance), ring joint gasket, O.D (outer diameter), Quality inspection.
Abstract: The case study discuss about production process in Better Castings Company. Consider for a moment what it takes to produce a product in manufacturing industry that has to produce different products at various times. Major, there are the logistics of scheduling and raw material handling. Then, add the human labour factor affecting both quality and efficiency. The production process in the company is similar to the other production process of companies where the raw material transfer from foundry to store, store to the lathe machining for parting material, from lathe machining to the CNC (computer numerical control) machines where the first operation and the second operation are carried out to obtain the final design of the ring joint gaskets. After the final machining the obtained product is carried to the quality control where the visual inspection, dimensional inspection, Quality of product & the specifications of the product are checked depending on the customer requirement. While machining product the tolerance in tool fit will affect the dimensions of product. Due to that product can’t reach its specification limit given by customer. So company losing its machining time in the form of reworks and rejections, man power and production. This is common problem in many small scale manufacturing industries. In order of considering all these process a single change in production process leads better quality and efficiency production of company. The paper shows a solution to reduce machining time and man power in order to increase production of a company.
Keyword: CNC (computer numerical controlled machines), better castings, job, Q.C (quality control), Q.A (quality assurance), ring joint gasket, O.D (outer diameter), Quality inspection.
EMPLOYMENT SITUATION OF SMALL ENTERPRISES IN PAPUM PARE DISTRICT OF ARUNACHAL...paperpublications3
Abstract: Small enterprise is considered to play an important and dominating role in the regional-rural development process. It is a well known fact that food, shelter and employment are the most important basic necessities of the people of rural areas. Small enterprises, through providing largest share of employment especially to the poor and rural population, can help solve their basic problems. The purpose of the present study is to bring in light the small enterprises and its employment generating efficiency in Papum Pare district of Arunachal Pradesh. The paper has been designed in such a way that it shows the employment status of small enterprises in Papum Pare district. The size, category, education level, remuneration, etc. of the workers/employees are taken as key elements for the study. The study is based on both primary as well as secondary data, which has been analyzed with statistical tool for better understanding.
Keywords:Employment, MSME, Rural Development, Small Enterprises, Wages, Workers.
Response of Maize (Zea mays L.) for Moisture Stress Condition at Different Gr...paperpublications3
Abstract: A field experiment was conducted for two consecutive seasons (2011/12 and 2012/13) at Koka Research Station of Wondo Genet Agricultural Research Center, Ethiopia8°26’ N latitude, 39°2’ E longitude and 1602masl altitude with the objective to identify maize growth stages sensitive to soil moisture stress, determine critical time for irrigation application for limited water resources and productivity of water. Fifteen treatments was used depriving irrigation on combination of four growth stages of maize (Zea maize L.) Variety Melkass-II. Randomized completely block design (RCBD) with three replication was used. Results indicated that both years plant height, 1000 seed weight, above ground biomass, grain yield and water use efficiency (WUE) were significantly (p<0.001)><0.01)><0.05).><0.001)><0.05) affected. The study had shown that during both the first and second year maximum grain yield (9253kg/ha and 11748kg/ha) was obtained due to stressing maize only at initial stage enhance grain yield which indicated that stressing moisture only at initial stage enhance grain yield. Moisture stress at mid-season should be avoided especially when combined with moisture stress at development stage. Moreover, moisture stress at initial and late seasons enhance water use efficiency without significantly reducing the yield from the higher yielding treatments.
Keywords: Depriving irrigation, growth stages, maize, moisture stress.
Industry Based Vocational Higher Education Management Model (IVHEMM) On Engin...AM Publications
Industrial participation in an educational development remains low. This case caused by the absence of clear and detailed provisions of the Government about industrial involvement in the development of vocational higher education. There are several factors that influence the success of a cooperation program in vocational higher education with industry, such as : discrepancy of competency which is produced by higher education with the needs of industry, the lack of industry concern on education, the implementation of quality culture, the application of ICT technology, poor attitude of entrepreneurs, and the work of higher education which do not have commercial value. The research objective is to develop a vocational higher education management model on engineering industry. Preliminary studies conducted at several vocational universities namely Semarang State Polytechnic, ATMI Polytechnic, Bandung Manufacture Polytechnic, Ceper Manufacture Polytechnic and Academy of PIKA. The method of this research apply R & D (Research and Development) with the phases of conducting some preliminary research, developing and testing the product of vocational higher education management model research on engineering industry. Results of the research formulate vocational higher education management model on engineering and guidebooks. The novelty of this study is the importance of improving management performance in vocational higher education. The factors that influence the performance improvement of vocational education management are (1) the level of better industrial relations; (2) the application of quality culture in vocational higher education, (3) strategic technological adaptation to the environment, and (4) the improvement of the quality of education through the implementation of Total Quality Management Education.
Globally, logistics is an important economic
activity valued at about USD 320 billion a year and growing at
an annual rate of 3 to 10 percent. Malaysia has recognized the
industry as the main key towards enhancing Malaysia’s progress
on becoming a globally competitive fully developed nation. It
was predicted that the logistics industry would grow at 8.6%
during the year 2006 – 2020 plan period and contribute 12.1% to
Growth Domestic Product (GDP) by 2020. Therefore, the
development of the human capital or human resource for the
logistics industry in Malaysia becomes important in confirming
the nation’s competitiveness. Accordingly, the aim of this study
is to produce a feasible framework of human-resource
development for the logistics industry in Malaysia.
An Assessment of Knowledge, Skills, and Attitudes of Accountancy Business and...IJAEMSJORNAL
This research study aimed to assess the core competencies acquired by the ABM senior high school students of Cabanatuan City, Nueva Ecija. This assessment was done during their Work Immersion at ASKI Group of Companies, Inc. Corporate Office located at 105 Maharlika Highway, Cabanatuan City, Nueva Ecija. The study revealed that majority of the respondents agreed that students were already knowledgeable when it comes to different areas like common terminologies used in a workplace. It also shows that they are already skilled and possessed qualities needed to be competent. However, some respondents mentioned that some students still cannot analyze problem effectively and were not able to demonstrate good judgment in handling routine problems.
Role of Pre-Employment Training in Enhancing Employability of Diploma EngineersINFOGAIN PUBLICATION
This paper presents an empirical study conducted to find out the role of pre-employment training in enhancement of employability. The study was specifically focused upon the automobile cluster employing the fresh engineering diploma holders. The universe of the study consisted of 26 such industries. Stratified random sampling technique was employed for drawing the sample classified into two groups: - 1) Managerial level and 2) Supervisory level consisting of engineering diploma holders. Standardized scales were administered to 572 Ss out of which 12 responses were dropped down, and 560 Ss were retained in the final sample put to experimentation. Descriptive and analytical research techniques were applied for the analysis of the data collected during the experiment. Statistical tools like ‘Cronbach alpha coefficient’, ‘Pearson correlation coefficient’, ‘Analysis of variance (ANOVA)’ etc were employed for treatment of the collected data for drawing the useful conclusions and testing of the hypotheses. From the experimental analysis the employability of diploma engineers was found to be associated with pre-employment training. Such a study focused on the fresh engineering diploma holders employable by the industries has yet not been reported in the literature.
This is a case study written by faculty of JIMS, Rohini on the "success and significant: brand journey of JIMS", which got selected in IIM, roorkee. The case looks at the Delhi based PGDM institution Jagan Institute of Management Studies’ successful run of two decades and discusses some of the past, present and future challenges in light of its product and brand strategy
Delhi Education holds a good number of schools, colleges and universities in Delhi, which is a great place of cultural excellence. With the emergence of research institutes and new colleges, educational standards in Delhi have raised its level to one of the best educational hubs in India.
Abstract: The case study discuss about production process in Better Castings Company. Consider for a moment what it takes to produce a product in manufacturing industry that has to produce different products at various times. Major, there are the logistics of scheduling and raw material handling. Then, add the human labour factor affecting both quality and efficiency. The production process in the company is similar to the other production process of companies where the raw material transfer from foundry to store, store to the lathe machining for parting material, from lathe machining to the CNC (computer numerical control) machines where the first operation and the second operation are carried out to obtain the final design of the ring joint gaskets. After the final machining the obtained product is carried to the quality control where the visual inspection, dimensional inspection, Quality of product & the specifications of the product are checked depending on the customer requirement. While machining product the tolerance in tool fit will affect the dimensions of product. Due to that product can’t reach its specification limit given by customer. So company losing its machining time in the form of reworks and rejections, man power and production. This is common problem in many small scale manufacturing industries. In order of considering all these process a single change in production process leads better quality and efficiency production of company. The paper shows a solution to reduce machining time and man power in order to increase production of a company.
Keyword: CNC (computer numerical controlled machines), better castings, job, Q.C (quality control), Q.A (quality assurance), ring joint gasket, O.D (outer diameter), Quality inspection.
Abstract: The case study discuss about production process in Better Castings Company. Consider for a moment what it takes to produce a product in manufacturing industry that has to produce different products at various times. Major, there are the logistics of scheduling and raw material handling. Then, add the human labour factor affecting both quality and efficiency. The production process in the company is similar to the other production process of companies where the raw material transfer from foundry to store, store to the lathe machining for parting material, from lathe machining to the CNC (computer numerical control) machines where the first operation and the second operation are carried out to obtain the final design of the ring joint gaskets. After the final machining the obtained product is carried to the quality control where the visual inspection, dimensional inspection, Quality of product & the specifications of the product are checked depending on the customer requirement. While machining product the tolerance in tool fit will affect the dimensions of product. Due to that product can’t reach its specification limit given by customer. So company losing its machining time in the form of reworks and rejections, man power and production. This is common problem in many small scale manufacturing industries. In order of considering all these process a single change in production process leads better quality and efficiency production of company. The paper shows a solution to reduce machining time and man power in order to increase production of a company.
Keyword: CNC (computer numerical controlled machines), better castings, job, Q.C (quality control), Q.A (quality assurance), ring joint gasket, O.D (outer diameter), Quality inspection.
EMPLOYMENT SITUATION OF SMALL ENTERPRISES IN PAPUM PARE DISTRICT OF ARUNACHAL...paperpublications3
Abstract: Small enterprise is considered to play an important and dominating role in the regional-rural development process. It is a well known fact that food, shelter and employment are the most important basic necessities of the people of rural areas. Small enterprises, through providing largest share of employment especially to the poor and rural population, can help solve their basic problems. The purpose of the present study is to bring in light the small enterprises and its employment generating efficiency in Papum Pare district of Arunachal Pradesh. The paper has been designed in such a way that it shows the employment status of small enterprises in Papum Pare district. The size, category, education level, remuneration, etc. of the workers/employees are taken as key elements for the study. The study is based on both primary as well as secondary data, which has been analyzed with statistical tool for better understanding.
Keywords:Employment, MSME, Rural Development, Small Enterprises, Wages, Workers.
Response of Maize (Zea mays L.) for Moisture Stress Condition at Different Gr...paperpublications3
Abstract: A field experiment was conducted for two consecutive seasons (2011/12 and 2012/13) at Koka Research Station of Wondo Genet Agricultural Research Center, Ethiopia8°26’ N latitude, 39°2’ E longitude and 1602masl altitude with the objective to identify maize growth stages sensitive to soil moisture stress, determine critical time for irrigation application for limited water resources and productivity of water. Fifteen treatments was used depriving irrigation on combination of four growth stages of maize (Zea maize L.) Variety Melkass-II. Randomized completely block design (RCBD) with three replication was used. Results indicated that both years plant height, 1000 seed weight, above ground biomass, grain yield and water use efficiency (WUE) were significantly (p<0.001)><0.01)><0.05).><0.001)><0.05) affected. The study had shown that during both the first and second year maximum grain yield (9253kg/ha and 11748kg/ha) was obtained due to stressing maize only at initial stage enhance grain yield which indicated that stressing moisture only at initial stage enhance grain yield. Moisture stress at mid-season should be avoided especially when combined with moisture stress at development stage. Moreover, moisture stress at initial and late seasons enhance water use efficiency without significantly reducing the yield from the higher yielding treatments.
Keywords: Depriving irrigation, growth stages, maize, moisture stress.
Intercropping of Haricot Bean (Phaseolus vulgaris L.) with stevia (Stevia reb...paperpublications3
Abstract: Field experiment was conducted in the consecutive two cropping seasons (2011-2012 and 2012-2013) to investigate Haricot Bean based farming system by inclusion of Stevia. The experiment was laid out in randomized complete block design with five replications. The results showed that the yields of haricot bean were not significantly decreased with the increase of stevia population. Sole planting of stevia was superior to other intercropped treatments and produced 20035.3 kgha-1, 41859 kgha-1 and 30947 kgha-1 above ground biomass yield (total of three harvesting cycle), 12439.47 kgha-1, 26296.2kgha-1 and 19367.8 kgha-1 leaf fresh weight (total of the three harvesting cycle) and 3450.71kgha-1, 7570.3kgha-1 and 5510.5kgha-1 leaf dry weight (total of the three harvesting cycle) in the consecutive two cropping season and the pooled mean respectively. The LER and MAI indicating the practice of intercropping of haricot bean with stevia was more advantageous than the conventional monoculture crop. Even if significant yield difference was not observed for haricot bean among the treatment, haricot bean intercrop with 80% stevia mix proportion with LER of 1.43 and MAI of 88278 followed by 60% stevia mix proportion with LER of 1.34 and MAI of 62027 proved to be best than planted at sole indicating the practice of haricot bean–stevia intercropping was more advantageous and profitable than the conventional monoculture crop.
Keywords: Haricot Bean, Intercropping, Land Equivalent Ratio, Monetary Advantage, Stevia rebaudiana, Supplementary.
Abstract: Face Recognition appears to be an integral part in human-computer interfaces and eservices. To carry out security and fault tolerance various Image Processing techniques have been incorporated using ‘Curse of Dimensionality’ that refers to Classifying a pattern with high dimensions that requires a large number of training data. A face recognition & Detection system is a computer-driven application for automatically identifying or verifying a person from still or video image. It does that by comparing selected facial features in the live image and a facial database where the system returns a possible list of faces corresponding to training samples from the database. The nodal points are measured creating a numerical code, called a faceprint, representing the face in the database. Relatively many techniques are used. Image processing technique has been implemented using Feature extraction by Gabor Filters and database training data using Neural Networks. Multiscale resolution and matrix sampling is efficiently performed using this technique.
Keywords: Image Processing techniques, Curse of Dimensionality, Faceprint, Feature extraction, Gabor Filters, Neural Networks.
Hybrid Quantum Genetic Particle Swarm Optimization Algorithm For Solving Opti...paperpublications3
Abstract: This paper presents hybrid particle swarm algorithm for solving the multi-objective reactive power dispatch problem. Modal analysis of the system is used for static voltage stability assessment. Loss minimization and maximization of voltage stability margin are taken as the objectives. Generator terminal voltages, reactive power generation of the capacitor banks and tap changing transformer setting are taken as the optimization variables. Evolutionary algorithm and Swarm Intelligence algorithm (EA, SI), a part of Bio inspired optimization algorithm, have been widely used to solve numerous optimization problem in various science and engineering domains. In this paper, a framework of hybrid particle swarm optimization algorithm, called Hybrid quantum genetic particle swarm optimization (HQGPSO), is proposed by reasonably combining the Q-bit evolutionary search of quantum particle swarm optimization (QPSO) algorithm and binary bit evolutionary search of genetic particle swarm optimization (GPSO) in order to achieve better optimization performances. The proposed HQGPSO also can be viewed as a kind of hybridization of micro-space based search and macro-space based search, which enriches the searching behavior to enhance and balance the exploration and exploitation abilities in the whole searching space. In order to evaluate the proposed algorithm, it has been tested on IEEE 30 bus system and compared to other algorithms.
Keywords: quantum particle swarm optimization, genetic particle swarm optimization, hybrid algorithm Optimization, Swarm Intelligence, optimal reactive power, Transmission loss.
Abstract: The AFNOR 15CDV6 steel is high strength steel with relatively low level alloy content. By processing the steel through ESR with inoculation a marginal increase in strength and further increase in ductility and notch toughness can be obtained. The strength of the steel is inadequate for its use in fabrication of rocket motor casing in the Indian Space Programme. By increasing both carbon and chromium content of the AFNOR 15CDV6 steel strength can be increased, primarily as a cost effective for space launch vehicle applications. Welding is a major step in the fabrication of most of the pressure vessels, structures and equipments. Steels with carbon equivalent in excess of 0.40wt% shows a tendency to form martensite on welding, and therefore are considered difficult to weld. This ESR modified 15CDV6 material has a carbon equivalent value of nearly 1.0 that classified it as a very difficult to weld steel. In the present work, ESR modified 15CDV6 material welding was carried out successfully by Auto GTAW as well as Manual GTAW, without preheating. This was carried out by modification of welding parameters, cleaning process, tacking sequence etc. Mechanical Properties of the Weld are meeting requirements.
Effects Of Internal Organization Communication Channels On Efficiency In The ...paperpublications3
Abstract: In the recent years ,Kenya’s Public Procurement has experienced phenomenal importance with the formation of the Public Procurement and Oversight Authority and the subsequent reforms seeing the institutionalization of procurement in all public entities .With the launch in 2008 of Kenya’s development blue print vision 2030, the role of public procurement in stimulating economic growth and development has received more attention than before .The central objective of this study is to examine the effect of internal organization communication channels on efficiency of the procurement function in public institutions in Kenya using Kenya Seed Company as a case study . The study aimed at determining the effect of communication between procurement personnel on supplier selection, effect of communication between procurement and user departments on quality control of goods and services, effect of communication between procurement personnel on staff training and performance and well as effect of communication between procurement and user departments on inventory management. Data was collected by means of a structured questionnaire. Analysis of quantitative data was done using measures of central tendency, correlation and regression analysis. From the findings, communication between procurement department personnel explained 36 % of procurement efficiency, communication on quality control of goods and services explained 32% of procurement efficiency, communication on staff training and performance explained 22% of procurement efficiency while communication on inventory management explained 13 % of procurement efficiency. For the public entities to realize increased efficiency and effectiveness in the delivery of services, these four factors must be put into consideration during execution of procurement functions.
Keywords: Efficiency in procurement, internal organization communication channels, Procurement Function, Procurement functions, Public Procurement, Supply chain.
MERGERS AND ACQUISITIONS PROSPECTS: INDIAN BANKS STUDYpaperpublications3
Abstract:This research paper looks at Mergers and Acquisitions (M&A’s) that have happened in Indian banking sector to understand the resulting synergies and the long term implications of the merger. The paper also analyses emerging future trends and recommends steps that banks should consider for future. The paper reviews the trends in M&A’s in Indian banking and then impact of M&A’s has been studied in three leading banks of India. The study covers the area of performance evaluation of M&A’s in Indian banking sector during the period from 2000 to 2013. The paper compares pre and post merger financial performance of merged banks with the help of financial parameters like, Net Profit margin, operating Profit margin, Return on Capital Employed, Return on Equity, earnings per share, capital adequacy ratio, dividend per share etc. The findings suggest that to some extent M&A’s has been successful in Indian banking sector. The Government and Policy makers should not promote merger between strong and distressed banks as a way to promote the interest of the depositors of distressed banks, as it will have adverse effect upon the asset quality of the stronger banks.
Keywords:Strategic alliance, capital adequacy, mergers, consolidation, ratios.
Internal Customer Satisfaction Assessment in the Public sector: A case study ...paperpublications3
Abstract:Internal customer satisfaction is a major component of quality improvement that most companies should embrace together with developing strategies to improve quality of external customer service. When the internal customer isn't satisfied, relationships with the external customer suffer. The researcher set out to examine the quality of fleet management services to internal customers by use of SERVQUAL scale to measure the gap between quality expectations and perceptions of the services so as to establish action plans. The objectives of the survey were, to examine the various dimensions of service quality on internal customer satisfaction, to establish the level of internal customer satisfaction and to establish the expectations of internal customers and areas for improvement with the dependent variable being internal customer satisfaction. The study adopted a descriptive case research design and the study population comprised of 118 management staff of Nzoia Suagr Company. A purposive sampling technique was employed to select a sample size of 34 respondents. Questionnaires, interviews, secondary data and observation were used for data collection. Descriptive statistics data analysis method was applied to analyze numerical data gathered aided by Statistical Package for Social Sciences (SPSS). Results show that 48% are highly satisfied, 40% moderately satisfied and 12% had low satisfaction with fleet management services, SERVQUAL five scale had relationships to satisfaction and internal customers expect quick responses to requests. It is recommended that transport department that manages fleet should always try to enhance customer satisfaction via presenting high quality fleet management services, as a key element, in order to, first, not weaken those dimensions which the internal customers are satisfied with and secondly, improve those services that aren’t quality from internal customers perspective.
Keywords: External customer, Fleet Management, Internal customer, Service level agreements, Service Quality, Supply Chain Management, Total Quality Management.
A Study of Performance Appraisal and Dimensions of Organizational climate in ...paperpublications3
Abstract: The business organizations are attaching great importance to human resource because human resources are the biggest source of competitive advantage and have the capability of converting all the other resources in to product / service. The effective performance of this human resource depends on the type of HRD climate that prevails in the organization, if it is good the employee’s performance will be high but if it is average or poor than the performance will be low. The study of performance appraisal and HRD climate is very important for all the organization and the banking sector is not an exception, especially in the present situation of financial recession. The present study is an attempt to find out the importance of performance appraisal and the types of HRD climate that is prevailing in ICICI Bank and Punjab National Bank. The Researcher has also tried to find out the difference in the perception of the employees regarding performance appraisal and HRD climate on the basis of age, qualification and work experience. The researcher collected the data from the employees of the officer cadre of ICICI Bank and Punjab National Bank through a structured questionnaire. The data were analyzed using several statistical tools such as Chi-square test, Z test, Percentage, T test. The result shown that the HRD climate in ICICI Bank is better than the Punjab National Bank. The perception of the employees regarding appraisal system helps in identifying training needs do not differs significantly on the basis of work experience but it differs significantly on the basis of age and qualifications .The perception of the employees regarding kinds of appraisal preferred do not differs significantly on the basis of age and work experience but it differs significantly on the basis of qualifications.
Keyword:Appraisal system and HRD climate in ICICI Bank and PNB and employee’s satisfaction.
A Comparative Analysis of HDFC Bank’s Financial Performance before and after ...paperpublications3
Abstract: A comparative analysis of HDFC bank financial performance before and after acquisition with centurion bank of Punjab.The HDFC Bank was incorporated on August 1994 by the name of 'HDFC Bank Limited', with its registered office in Mumbai, India. India's third-largest lender, HDFC Bank, is acquiring Centurion Bank of Punjab for about 95.1 billion rupees ($2.4 billion) in stock, extending its network before foreign institutions are allowed larger access to the Indian banking market next year. Centurion Bank merged with Bank of Punjab (at swap ratio to 4:9) to form Centurion Bank of Punjab. Finally on May 23, 2008, the one of India's most renowned banks - HDFC Bank acquired Centurion Bank of Punjab Methodology is defined to study of methods by which we again knowledge, it deals with cognitive processes imposed on research the problems arising from the nature of its subject matter. Ratio analysis is the calculation and comparison of various financial ratio derived company’s financial statements. Total Debt Ratio, Efficiency Ratio, Return on Average Asset Ratios, Asset Utilization,Return on assets (ROA), Equity Multiplier, Tax Ratio, Profit Margin The total share capital for the year 2010 is 457.7 is higher than the other year total share capital value. The company should increase the profit margin after the acquisition the profit margin it’s continually lower then following years. The HDFC Bank should take necessary steps to improve the return on asset. The HDFC Bank is performing well after the acquisition but some of the variable like profit margin, tax ratio, returns on asset, borrowing. If all these variables are rectified then the company gets more profit.
Keywords: Acquisition, HDFC Bank, share capital, profit margin.
Abstract:Biodiversity is one of the earth’s greatest treasures. Compared to plants and animals, microbes are least explored since they are mostly considered as pathogens and very little is known about their beneficial potentiality. Hence, there arises an urgent need to raise the public awareness about its economic value by taking effective measures in exploiting and conserving the microbial diversity. An attempt has been made to discuss about the strategy of microbial screening and its applications along with future innovative practices that has to be undertaken in order to conserve its diversity. Microbiologists have just begun to isolate and study microbial life for a better understanding of its role in ecology. Only <1% of microbes in the world have been explored. Proper strategy has to be followed to study the microbial diversity which includes habitat selection, microbial isolation methods, polyphasic taxonomy studies and its application in varied fields. Apart from ex situ and in situ conservation, several innovative initiatives such as new long-term infrastructure funding mechanisms to foster multidisciplinary involvement of microbial biodiversity research centers in collaboration with collections, education and training programmes on taxonomic studies in schools and colleges, creation of repository for cultivated collections and a reference library creation of integrated center for data management and analysis, ultimately leading to national microbial diversity management policy creation.
Keyword: application, innovative initiatives. polyphasic taxonomy, screening, strategy, management policy.
FACTORS AFFECTING TAX COMPLIANCE AMONG SMALL AND MEDIUM ENTERPRISES IN KITALE...paperpublications3
Abstract:This study seeks to establish factors affecting tax compliance by Small and Medium Enterprises, with special emphasis on Income Tax and Value Added Tax and their effects on government revenue. Tax compliance level which is internal factor affecting tax revenue not only undermines tax administration infrastructure but also makes the tax base narrow and inequitable. The objectives of the study include establishing the influence of compliance cost, fines and penalties and attitudes of tax compliance among Small and Medium Enterprises. The study adopts a descriptive research design involving both qualitative and quantitative research methodology. The target population was 200, out of which a sample size of 132 respondents were drawn, using stratified and simple random sampling. Questionnaires were used to collect primary data from the respondents, which were analyzed using SPSS applying both descriptive and inferential analysis. There was a positive relationship between the tax and compliance cost (r=.514), fines and penalties (r=.415) attitudes (r=.546) and tax compliance. The findings showed that compliance cost, fines and penalties and attitude had significant relationship with tax compliance. It is recommended that the tax system should provide a clear and simple guideline on how to fill tax returns but also enhance taxpayer education services to enable the taxpayers understand their rights and obligations as taxpayers, there should be moderate levels of fines and taxes so that SMEs are encouraged to comply since they will keep accurate records for taxation purposes in order to avoid fines and penalties.
Keywords: Direct tax, Indirect tax, Medium enterprise, Productive expenditure, tax evasion, tax impact.
Making Management Education in India Meet Global Qualitypaperpublications3
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Making Management Education in India Meet Global Quality
1. International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)
Vol. 1, Issue 1, pp: (47-53), Month: April-June 2014, Available at: www.paperpublications.org
Management education in India is under increasing demand with close on a lakh of students passing out each year. Demand
has especially increased after changes towards privatization and globalization, offering great potential to aspiring MBA
students.
According to the Business Standard dated 20th March 21, 2014 “India‟s Marquee B-schools make a dash for global
recognition”. Tangible benefits of international accreditation attract global faculty and students besides helping justify higher
fees. Further, B-schools are not satisfied with a single accreditation, but want the triple-crown, namely: Association to
Advance Collegiate Schools of Business (AACSB), Association of MBAs (AMBA) and European Quality Improvement
System (EQUIS).
As of now, 6 Business Schools are AMBA accredited, 2 B-schools are AACSB accredited and 2 have received EQUIS
accreditation. Quest for such accreditations force B-schools to revamp their curriculum and mode of functioning according to
globally acceptable standards. Global accreditation helps all stakeholders:
The article in Business Standard concludes that the increasing awareness of the Indian student could make international
accreditation the most important yardstick they consider to choose their B-school.
Surveys conducted by Business Today (published in 2013) reveal that Indian B-schools are searching for means to add to
their brand value by participating in global surveys and procuring international accreditations. Out of the 250 – 300 schools
that allowed themselves to be rated, only 6 schools included in the survey have actually been able to acquire international
accreditation that is the accepted stamp of global quality. This shows that:
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Making Management Education in India
Meet Global Quality
Prof. Dr. Sri Sai
Director, Centre for Management Studies & Research (CMSR)
MIT College of Engineering (MITCOE)
Kothrud, Pune 411 038
I. INTRODUCTION
Students: narrows down choices from the overcrowded list of B schools
Institutes: helps attract international students and faculty
Rankings: allows better global ranking, increases credibility, status and exposure
Employers: campus placement list often includes international companies and MNCs
II. GAPS: GOALS AND REALITY
While all B-schools can vie for international recognition, the facts on the ground are grim:
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2. International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)
Vol. 1, Issue 1, pp: (47-53), Month: April-June 2014, Available at: www.paperpublications.org
Indian Business Schools compare poorly with many of their global counterpart, which could arise from a multitude
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of reasons
Many of the 2000 plus management schools recognized by the AICTE have minimal faculty with little practical
experience in management
research work at these B schools is inadequate and of a poor quality
dependence on foreign literature is more than practical experiences of the Indian ethos
Indian system of management education is more money-based than value-based
These salient and several other gaps need to be addressed in order for management schools in India to be on par with their
international counterparts and stand shoulder to shoulder with the best of its kind.
Source: http://businesstoday.intoday.in/story/india-best-b-schools-2013-listing-parameters/1/199110.html
Management education in India has grown in leaps and bounds over the last few years, the number of Management Institutes
increasing from 80,464 in 2005 – 2006 to 1,79,561 in 2009 – 2010. (www.aicte.ernet.in)
Considering the speed and nature of changes that are taking place in the global economic, political and technological arena,
the quality of management education has to be revamped to match Indian infrastructural quality to global standards.
Source: www.philau.edu
3. International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)
Vol. 1, Issue 1, pp: (47-53), Month: April-June 2014, Available at: www.paperpublications.org
Page | 49
Committees set up to review management education in India were:
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Nanda committee
Kurien committee
Ishwar Dayal committee and
Management education review committee.
Lacunae in Indian management education, as discovered by these committees were, briefly:
Faculty shortage and quality of faculty was poor
Research work neglected or minimal
Industry interaction negligible
Faculty development programs not in place
Course material needs to be modified to suit Indian context
Infrastructure including library was poor, except in top B-schools.
III. MAJOR ISSUES REQUIRING IMPROVEMENT
The salient areas where quality improvements are a crying need if Indian B-schools are to achieve their aim of acquiring the
triple-crown international certification are as follows:
Governing Body: the apex body for governing technical and management education in India is the All India Council
for Technical Education (AICTE) and its subsidiary, the Board of Management Studies. However, since management
education requirements are different from that of technical education, it may be a worthwhile option to consider a
body specifically dedicated to issues related to management education improvement and governance.
Faculty: most B-schools experience a paucity of well-qualified, experienced faculty. This in turn is bound to affect
the quality of education that is imparted, resulting in poor quality MBA pass-outs and poor placement records. This
can be traced back to the lack of funds to appoint the kind of faculty that is required for the job. Many institutes offer
low salaries and more than the fair share of teaching hours, leading to drop in quality of education
Ethics and value-based education: one of the major reasons for poor quality in management education is the lack of
value-based education. Ethical paucity is equally a spoiler. Including these issues into the curriculum of management
education could make for a better value system and higher quality of student outputs
Research: globally, management education is in a constantly changing flux, dependent as it is on the volatility and
growth of the industrial scenario. It is therefore very essential that faculty and students alike keep abreast of the ever-changing
requirements in the subject through constant research work that will keep their knowledge up-to-date.
Curriculum design & development: the daunting task of developing an industry-requirement based curriculum is
matched only by the task of keeping it abreast of continuous developments. Curriculum should hence be periodically
reviewed in the light of developments in the industry and altered to ensure that students are industry-ready.
This however is presently not being done, since syllabus change requires unending bureaucratic nod, while private
institutes find it difficult to update knowledge of current faculty or add new faculty.
4. International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)
Vol. 1, Issue 1, pp: (47-53), Month: April-June 2014, Available at: www.paperpublications.org
Develop Industry – Institute interface: any good business school must have a strong industry interface so that their
students are exposed to the practical aspects of management rather than make do with bookish theoretical knowledge.
Further, this interface makes them industry-ready and helps them find their niche in the industry faster. Industry
experts‟ guest lectures, project work that take the students to the industry, various visits to industries and campus
placement are various ways by which the ties can be strengthened.
Simulation: it would also be a good exercise to simulate actual situations as problem-solving assignments where
groups of students can brainstorm possible solutions. This inculcates in the students a sense of teamwork and focus.
Perspective vision: teamwork situations also help students to learn to look at situations from different perspectives.
Global mindset: faculty should help students to keep pace with global knowledge and skills in their field. For India to
be a key player in the global arena, our future managers should be exposed to an optimum mix of teaching, training,
learning, thinking and doing
Placement: providing or assisting in placement of students in industry is an activity that actually is limiting
academically speaking, but is a key factor in students opting for certain specific business schools. While the institute
should not be looked at as an employment bureau, students should nonetheless feel secure in the job opportunities that
open up for them at the end of the MBA course.
In addition to the above points that should be brought up to global standards, the following should also be kept in mind while
designing / revamping curriculum:
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Management routinely studies several perspectives before decision-making.
IV. SUGGESTIONS FOR IMPROVEMENT
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Industry – Institution Interface
First and foremost, the differences between industry and institution should be clearly understood. This will have a
definitive effect on the manner and extent to which curriculum should be designed, developed, modified: (from ‘How to
Improve Teaching Quality’ by Richard Felder and Rebecca Brent)
In industry, the true mission is relatively clear, and quality is relatively straightforward to define. In
education, the true mission is complex and subject to endless debate, and quality is therefore almost
impossible to define in an operationally useful manner.
In industry, quality is relatively easy to assess. In education, even if a definition of quality can be formulated
and agreed upon, devising a meaningful assessment process is a monumental task.
In industry, the customer is relatively easy to identify and is always right, at least in principle. In education,
those who might be identified as "customers" have contradictory needs and desires and may very well be
completely wrong.
In industry, a clear chain of command usually exists, on paper and in fact. In education, a chain of command
might exist on paper, but it is in fact relatively amorphous and nothing at all like its industrial counterpart.
Student Improvement Methods
Felder and Brent go on to suggest steps that faculty could take to improve quality, with resource inputs from the
administrators:
o Define the knowledge, skills, and values that students should have.
5. International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)
Vol. 1, Issue 1, pp: (47-53), Month: April-June 2014, Available at: www.paperpublications.org
o Define the instructional methods that will help students acquire the desired attributes, select the methods needed
to assess the effectiveness of the instruction, and estimate the resources (including provisions for faculty
development) needed to implement both the instruction and the assessment.
o The administration should commit to providing resources required to begin as well as sustain the program.
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Appropriate incentives for faculty members should also be spelt out.
o Formulate a detailed implementation plan
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o Implementation of the plan.
o Assess the results and modify the plan as necessary to move closer to the desired outcomes.
o Involve students in project work, both classroom and fieldwork
o Inculcate entrepreneurial and innovative qualities in students by making them take initiatives, be persistent,
nurture an attitude of seeking out information, problem-solving, risk-taking and self-confidence
The quality of the management education program can be best improved by getting as many faculty members as
possible on board to implement the methods that would best suit the goals of the program.
Several learning exercises could be included into the curriculum as a means of practical training:
o Recalling prior material. One minute to recapitulate points of the previous lecture
o Responding to questions. Responses can come from individuals or small groups depending upon whether the
questions are from previous lectures or based on teamwork assignments.
o Problem solving. Techniques to breakdown a larger problem into a series of steps, such as paraphrasing the
problem statement, sketching a schematic or flow chart, predicting a solution, writing the relevant equations,
solving them or outlining a solution procedure, and checking and/or interpreting the solution.
o Explaining written material. TAPPS (thinking-aloud pair problem solving) is a powerful activity to help
students understand. Ideally, students are put in pairs and given a problem to solve. Explanation of each step of
the problem-solving exercise helps determine the understanding levels of the students.
o Analytical, critical, and creative thinking. Students are given a case study and asked to list assumptions,
problems, errors, or ethical dilemmas; likewise, they could explain a technical concept; or find the logical flaw
in an argument; or predict the outcome of an experiment or explain an observed outcome in terms of course
concepts; or choose from among alternative answers or designs or models or strategies and justify the choice
made. A number of such exercises help students to develop perspective thinking skills.
o Generating questions and summarizing. The students may be given a minute to come up with two good
questions about the preceding lecture segment or to summarize the major points in the lecture just concluded.
Using cooperative learning methods in classroom will help students develop and fine-tune their teamwork skills
such as:
o Positive interdependence. Students learn that the team is only as strong as the weakest member. In trying to get
better at their skills they learn to pull up the entire team on an „all for one and one for all‟ motto.
o Individual accountability. Team members are all responsible for the totality of the final solution, not merely the
part that they were asked to solve.
o Face-to-face promotive interaction. Team members learn to provide mutual feedback and guidance, challenge
each another, and work toward consensus.
o Appropriate use of teamwork skills. Teamwork encourages students to help develop, exercise and apply
leadership, communication, conflict management, and decision-making skills.
6. International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)
Vol. 1, Issue 1, pp: (47-53), Month: April-June 2014, Available at: www.paperpublications.org
o Regular self-assessment of team functioning. Team members routinely set goals, have periodic assessments of
both achievements and their interpersonal skills at working together. Obviously, this will mean a P-D-C-A
approach to cooperative learning skills.
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Faculty Improvement & Evaluation
Meaningful evaluation of teaching is mainly reflected by an assessment of learning outcomes. Most institutions use student
assessment to evaluate teaching. While this is an important component it surely is not the only method of assessment. Current
trends include:
Performance-based assessment instead of standardized tests
Learning-based assessment of student development instead of teaching-based ones
Uses naturalistic approaches that are embedded in actual teaching rather than on viewing assessment as an add-on.
Burke mentions that assessments that could evaluate students‟ knowledge of content and skills would include tests as well as
exhibitions, project reports, journals, checklists, graphics, interviews, etc.
Systems should be in place for continuous improvement of faculty through research work, participation at seminars and
conferences and keeping them abreast of latest developments in the fields of both their subject as well as in teaching.
V. CONCLUSION
Management education is more relevant now and in the years to come than it was in the past. When the Indian B-schools
adopt a holistic system of education that is in tune with global competitiveness through a strategic implementation of TQM,
the industry – institute interface will be a veritable partnership. The focus will be on attitude, corporate awareness and
grooming the managers of tomorrow.
In such a hallowed time, MBA students would feel like this:
REFERENCES
[1] Angelo, T.A., and K.P. Cross. 1993. Classroom assessment techniques: A handbook for college teachers, 2d ed. San
Francisco: Jossey-Bass Publishers
[2] B-Schools on the march: Business World, March 22 – April 6, 1999, pg 22 – 34
[3] Campbell, W. E., and K.A. Smith (Eds.). 1997. New paradigms for college teaching. Edina, MN: Interaction Book
Company
[4] Deming, W.E. 1994. The new economics. 2d ed. Cambridge, MA: MIT Center for Advanced Engineering Studies.
Cited in Latzko, 1997
7. International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)
Vol. 1, Issue 1, pp: (47-53), Month: April-June 2014, Available at: www.paperpublications.org
[5] Felder, Richard & Brent, Rebecca. How to Improve Teaching Quality. Quality Management Journal, 6(2), 9-21
Page | 53
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(1999)
[6] Jensen, P.A., and J.K. Robinson. 1995. Deming‟s quality principles applied to a large lecture course. J. Engr.
Education 84, no.1:45-50
[7] Khandai, Sujata. Dismal State of Management Education, Indian Management, April, 73 – 8
[8] McKeachie, W. 1999. Teaching tips, 10th ed. Boston: Houghton Mifflin
[9] Rogers, G. M. & Sando, J. K. 1996. Stepping ahead: An assessment plan development guide. Terre Haute, IN: Rose-
Hulman Institute of Technology
[10] Shelnutt, J.W., and K. Buch 1996. Using total quality principles for strategic planning and curriculum revision. J.
Engr. Education 85, no.3:201-207
[11] Trehaan, Allpana (2000). Total Quality in Management Education implementing the Operative Schemata through
effective learning system, University News, 38 (23), June 5, 2000
[12] http://businesstoday.intoday.in/story/the-problem-with-management-education-in-india/1/4743.html