Management Arts

In today’s dynamic world where innovation is central to organizational long-term success, national culture shaped the behavior of individual and organizations which in turn affects their innovative capability. This research has analyzed the Hofstede’s cultural dimensions effects on organizational innovativeness. We have based our study on the dimensions which are taken form Hofstede’s model, which included; Power Distance, Masculinity versus Femininity, Long & short term approach, Avoidance to uncertainties and Collectivism. We have aggregated data form 350 differential organizations which belong to various sectors of Pakistan. We have utilized Structure Equation Modeling technique to examine and interpret data. The study has found, higher power distance and uncertainty avoidance are having distressing relationship with organization innovativeness. On the other hand collectivism, short term approach and masculinity are having significant relationship impact with organizational innovativeness.

Investor protection is one of the essential roles of authorities to make them involved in the financial market. Stock market plays a predominant role in the financial market. Investor protection helps to develop the market so that mobilization of funds can be increased. Increase in market potential is another way to increase growth of the market. Every nation has own legislation frameworks for stock market which is varying from country to country. In India, there is a strong need for an effective regulation for stock market so that the investors’ interest can be safeguarded in a better way. In order to regulate stock market and the participants of stock market there are various legislations are framed. It minimizes the risks and protects the investor. An attempt has been made to review the Indian legislations which are standardizing the Indian stock market and the legal formalities to be carried out by the market players.

At present, when contemporary organizations are seeking novel and original initiatives to gain a competitive position in the market, reverse logistics is one of the worth mentioning domains which has been distinctly recognized in this regard lately. As the field is in introductory phases with respect to large scale managerial concerns, it is facing certain difficulties and barriers in conveying the desired benefits for organizations. This study has made an attempt to put all the identified barriers together in the form of a mode. The study has been extended to review these barriers and also confer the unique approach to manage these barriers by conceptualizing the minimum number of managing factors. The study is based on theoretical grounds of introducing top management support, information support system and formalization of the reverse logistics programs to remove problems faced by the successful intervention of reverse logistics.

Institutions of higher education are increasingly realizing that they are part of the service industry and are putting greater emphasis on student satisfaction as they face many competitive pressures. Due to intense competition in this field and specially in the B-Schools it become mandatory for the institutions to understand the students perceptions towards various factors that lead to a feeling of satisfaction among them and try to concentrate on the most important factors. The authors in this research article did a descriptive study to understand the students’ perception towards the most important factors that develop a feeling of satisfaction among them. The research was done in Jalandhar district of Punjab on the students studying in various Management Colleges in the city. The convenience and snowball sampling technique was used to identify colleges and students respectively. The questionnaire method was used for collecting the data from the students. The total sample size was 100 out of which 80 questionnaires are used for analysis. The authors applied factor analysis to reach to a conclusion that Infrastructure, Faculty Knowledge and Understanding of Student Needs, Students Skills Development and Quality of Placement Activities are the major factors that lead to student satisfaction the most.

This article examines the potentials for developing health-based tourism in the state of Perak. The discussion begins on the distribution of hot springs frequented for various ailment treatments in Perak. The second part of the paper identifies and analyses challenges and opportunities for potential development of health based tourism in the state. Lastly, it discusses issues associated with developing policies promoting tour sites. Current global trends in tourism activities leads into increased domestic trips for short distance tourism. The fast changing lifestyles among state residents help increase awareness and concern for health care activities that utilise natural resources uniquely available in different hot spring parks. This situation increased competitiveness among tour locations. Each individual hot springs has the potential to market its own strengths and uniqueness by promoting the local content either based on natural resources or man-made physical attractions. In this context, marketing strategies must identify and emphasise strengths and characteristics of each location to stimulate increase in tourist return. Quality issues are also one of the main attractions to be considered in future global tourism policies. Using SWOT analysis, factors influencing site selection and priority development strategies based on place consumerism factual information, consumer perceptions and capacity of place, and future potential hot springs in Perak state as a health tourism destination will be evaluated and discussed.

Performance evaluation in the public organisations helps achieving multiple objectives such as transparency of costs and outcomes, improved service quality, increased employee motivation and so on. On the other hand, its improper transposition of an instrument developed for operations management, which may cause serious distortions when applied to the public organisations, is unpleasant to some organisations. In this study, we investigated the factors that affect adoption and implementation of performance measures and rank them using TOPSIS technique. We found that internal interest groups in the adoption stage and external internal groups in the implementation stage rank first in terms of importance.

Conflicting and stressful situation at work place, disturbs the mental peace, weakens a person psychologically and create complexities in social and familial relationship. A better understanding of conflict and conflicting situations improve individual’s proficiency of managing conflict. The present study analyzed the relationship of Conflict Management Proficiency (CMP) and Stress of managers. Standardized scales for conflict management and stress assessment were used for estimating the CMP and stress of the subjects from private and public sectors, for establishing relationship between the correlation coefficient was computed. Results revealed that on an average the managers had ‘above average’ CMP and ‘low stress’. There was found a significant negative correlation between CMP and stress in subjects of all the categories. Therefore it was concluded that the CMP and stress were negatively correlated, the increase or decrease of either of the factor may be impact on quality, quantity and productivity of work.

India is a country of immense diversity, the communion of several beliefs, universal truth seeker’s path and a land of deep spirituality. Being a country of devote, India is doted with innumerable pilgrimage sites. The Shrine Basilica of our Lady of Vailankanni in Nagapattinam District, popular pilgrimage destinations in the world. To this magnificent pilgrimage spot people flock throughout the year, from all over the world irrespective of caste, creed, colour and religion, to offer prayers and to obtain gracious blessings for their well being and to offer thanks with grateful hearts for the countless gifts they received through the powerful intercession of the Blessed Virgin Mary of Vailankanni. The topography, seashore, conducive climatic conditions and above all the deity namely, our Lady of Vailankanni, the miracles and the grand festivals are the main tourist attractions by which millions of domestic and foreign tourists are motivated to flock to this spot Vailankanni round the year. The Shrine of Vailankanni primarily seen as a place of pilgrimage. However, a closer look at the activities of the shrine reveals that, the Shrine has contributed to the economic and social development of the Vailankanni region and has contributed through its tourism and its related economic activities. Thus, tourism is a growing industry of promise and potential for economic development in Vailankanni. Tourism in Vailankanni is considered as a cultural and technological ambassador, as an industry without smoke, and economic multiplier, as an instrument of social progress, as a promoter of national integration and international understanding and peace. This article studies in detail and analyse how the pilgrimage Tourism of Vailankanni empowers the local people economically and socially. This paper also concentrates on how the pilgrimage Tourism of Vailankanni promotes National Integration and cultural fusion. This also examines the relationship between eco-tourism and economy with a view to understand how the benefits are utilized within the local community. Thus a combination of descriptive, interpretive and analytical approach has been adopted in this research work. This article explores the physical and cultural potential that can be harnessed for the development of pilgrimage tourism of Vailankanni.

Nowadays, the entrepreneurship area comprehends a broad range of theories and approaches and has been studied in many ways and with different purposes.Authors from all fields of social sciences – economics, sociology, anthropology, psychology, history, politics and several other areas of business sciences – have given contributions to this area. Thus, the entrepreneurship field of research that is still in notorious development, is considered interdisciplinary and multidisciplinary (Davidsson, 1989).Despite the popularity and relevance that the subject has demonstrated, there is no acceptable universal theory that defines with precision the field of intervention on entrepreneurship, establishing its origin on the crosswise of a set of approaches proceeding from other areas of knowledge (Virtanen, 1997).This study uses the data from tourism to explain how the process generates entrepreneurship in Iran. The process contains data taken from external and internal factors related to globalization, government, market structure, and market resources. This study will describe in detail the influence and relationship of each factor. Furthermore, tourism has become a very common topic of discussion in Iran promoting it is a core policy practiced in recent years by the government. The process of entrepreneurship has encouragingly promoted the development of tourism, as well created an entrepreneurial society in Iran.

The aim of this study is to recognize existing trends explicit to the Madhya Pradesh tourism sector and propose potential means of improvement .This study focuses on an inter-county appraisal of tourism flows within Madhya Pradesh .As a result an analysis was undertaken covering factors including the number of the tourism. There is a vast scope for tourism in Madhya Pradesh. Hence, there is a need for the further improvement of appropriate marketing and information distribution strategies intended at both middle and lower income consumers. The purpose was to analyze Local financial improvement initiated partnership and sustain services for emerging tourism entrepreneurs in the Madhya Pradesh with the objective to establish the impact of the tourism sector in contributing to the achievements of Local financial improvement objectives.