The Rural Entrepreneurship: Key issues, opportunities with reference to Marate Milk Products, Mala
“Youth’s in the rural areas have little option”, this is what they are given to believe and it makes them to work either at farm or migrate to urban land. It is well known fact that best option available to them is rural entrepreneurship. Rural entrepreneurship can be defined as entrepreneurship emerging in rural area or establishing industrial units in the rural areas. This contributes for employment generation, reduces disparities in income between rural and urban income, promote regional development, protect art and creativity and helps to achieve economic development in rural area. Rural entrepreneur is a answer to solve migration, unemployment, promote social and economic inclusion. The strengthening rural area will encourage prevention of natural resources and improve the rural economies. Rural entrepreneurship will have income multiplier effect by creating demand for farm and nonfarm product and services, and by creating job opportunities. Indian economy largely dependent on rural economy as 68.84% of population lives in rural area. There’re about 6,38,558 villages. Due to large number of people lives in rural area, there is wide scope for selling varieties of product. Thanks to growing economy, people in rural area have witnessed increased income, which is positive sign for his product portfolio. This paper also benchmarks the case study of Marate Milk Products Mala, which offers differentiation as a strategy to compete successfully in rural market of coastal district of Karnataka.
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A study on Employee Satisfaction Towards Recruitment and Selection Process at Future Genrali India Life Insurance co ltd, Chennai
Recruitment is the process of seeking out the attempting to attract individuals in external labour markets who are capable and interested in filling available job vacancies. It is critical to hire the right people who will dedicate themselves to a competitive and challenging career. It is equally important to continually develop these employees and prepare them for leadership positions within the organizations. After recruiting and hiring employees, it is critical to retain them through effective employee development efforts. In this study, it is investigated to measure the employee satisfaction regarding selection and recruitment process in Future Generali Insurance Company. Primary data is collected from 101 respondents (employees) from future Genrali. A Structured questionnaire was prepared and distributed to the sample size .entire population and 101 samples were collected. The SPSS package is used to determine the reliability and validity of the questionnaire. The other statistical tools like multiple regression, one way ANOVA, Frequency and Multiple Correspondences Analysis will be used for analyzing the primary data.
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A survey of demographic effects on the prospects of ebanking in dera Ismail khan, KPK, Pakistan
The word ‘electronic banking’ is no more new today in the 21st century. It has been made possible due to the development and use of computers and the internet. The Internet has enabled small as well as large organizations to access global markets by offering online products and services. The main advantages of Internet Banking are time saving, low cost, and no geographical restrictions. In this regard, countries have incurred huge expenses to install modern eBanking technologies to provide simple, accessible, ease-to-use, and reliable services to both the customers and the bankers to carryout business online. However, research on the implementation and use of Information technology in the banking sector reports that there is not only a digital-divide among the customers of every state and city because of getting different eBanking facilities but also every customer is demographically different from others. This research is about the effects of demographics on the Prospects of eBanking in Dera Ismail Khan, KPK, Pakistan. The literature from different countries, including Pakistan has been analyzed to understand the problem and to develop a research model for testing in the native environment.
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Communication as Challenge in Multicultural Organizations: An Analysis of Varied Aspects, their Impacts and Solutions.
As a result of globalization the world is getting closer day-by-day and transforming into universal community. The organizations are in progressive state and converting into a hub of culturally varied individuals. This diversity is good as it brings significant prospective like innovative thinking, improved judgement, inspiration, etc. But on the other side,these cultural discrepancies have also become the root cause of clashes, encounters, intricate situations and communication collapse, etc. Among all these issues, communication can be considered as one of the biggest challenges of multicultural organizations, as different area employees’ speak different languages and unable to communicate effectively.This ineffective communication leads to a state of confusion and ambiguity among employees, partners and customers. Due to unsuccessful projects, business partners and customers become unsatisfied and organizations get converted into a dejected place. The purpose of this paper is to know that how communication is acting as a challenge in multicultural organizations. With the help of the existing literature the authors have made an attempt to explore the various factors which make communication, a challenge to Multicultural organizations, and to explore what all are the areas which may get affected due to dearth of productive multi-cultural communication and suggestions are given to overcome these barriers. Keywords: Miscommunication, Multicultural, Communication Challenges, Diverse Workforce, Leadership.
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The effect of transactional leadership on innovation with respect to intermediary role of knowledge absorptive capacity
In today's dynamic environment, proper strategies are not enough for companies and they should also be able to work in harmony with their environment. Innovation is one of the factors that allow companies to achieve sustainable competitive advantage through appropriate leadership style and knowledge absorptive capacity. The purpose of this study was to investigate the intermediary role of knowledge absorptive capacity between transactional leadership style and innovation. The population of the study included medium and large-scale manufacturing companies in the industrial estates of Mashhad County. The data were collected by means of a questionnaire. Structural equation modeling and partial least squares were used for data analysis. The results of the analyzing the questionnaires distributed among the sample population - 82 senior managers of companies - showed that there was a significant and positive relationship between transactional leadership and knowledge absorptive capacity as well as knowledge absorptive capacity and organizational innovation. Therefore, the significance of the intermediary role of knowledge absorptive capacity was confirmed.
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Balanced scorecard as a spontaneous performance measurement tool: a case of insurance companies in Pakistan
The purpose of this research was to identify about the implementation of Balanced Scorecard in the insurance companies of Pakistan. Additionally, this study was conducted to answer various queries such as relative importance of the four perspectives of the Balanced Scorecard, relationship between experience of the employees and knowledge about the Balanced Scorecard, relationship between the age of the employees and knowledge about the Balanced Scorecard, measures used by the insurance companies for each perspective of the Balanced Scorecard etc. This study was conducted at the managers and non-managers’ level. To achieve these purposes, a sample of 23 out of total 36 insurance companies was taken. Total number of respondents was 120.
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Conflicts among faculty members of educational administrations
The present study aimed at to find out the conflicts of faculty members with responsibilities, administration and colleagues in the educational organizations. Population of the study was comprised of male and female colleges of Rawalpindi District. Sample of the study comprised of four post graduate colleges (two male and two female) of Rawalpindi District. A stratified random sample of 150 male and female faculty members were selected from each college. Results show that the female has more conflicts towards responsibilities, administration and colleagues than male. Junior staff members have high level of conflicts than senior members and married faculty members are facing fewer conflicts than unmarried faculty members.
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Predictors of Customer Acceptance of eBanking in Dera Ismail Khan, KPK, Pakistan
The dawn of Internet and eCommerce has opened new ways of business for many financial institutions. It has connected organizations all over the world. Online banking is the order of the day. The main feature of internet Banking is the 24/7 users’ direct access to the information system of a bank without any geographical restrictions. Similarly, iBanking is time and cost saving, simple, accessible, ease-to-use and reliable to both the customers and the bankers to carryout business online. However, there are still many customers who do not use or reluctant to use eBanking services. This research is aimed to explore the factors responsible for the user-acceptance of eBanking in Dera Ismail Khan, KPK, Pakistan. The researcher has done extensive literature review to analyze and understand the problem with regard to critical success/failure factors of customer acceptance and developed and tested a model in the local environment of Dera Ismail Khan.
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The impact of leadership behavior on employees’ innovation: a comparative study of public and private sector organizations
This study aims to observe relationship between leadership behaviors and employee’s innovation; and to analyze the impact of leadership behaviors on employee’s innovation in public and private sector organizations individually and collectively. Two questionnaires were developed, one for employees and one questionnaire for leaders/managers. Sample comprises of randomly selected five hundred managers and five hundred employees of different private and public sector organizations. Percentages, compute variable technique, independent samples T-test, correlation analysis, and regression analyses have been used to analyze data. Results indicate that: firstly, same leadership behaviors are adopted in public sector and private sector organizations but heterogeneity prevails in providing vision leadership behavior and consulting leadership behavior. Secondly, all leadership behaviors are positively interrelated with employee’s innovation. Thirdly, all leadership behaviors have no effect on employee’s innovation based on individual analysis; whereas, only innovative role modeling leadership behavior has significant positive impact on employee’s innovation based on pooled analysis.
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Challenges in recruitment and selection of employees
The quality of employees hired depends on an effective recruitment and selection strategy. Recruitment and selection are critical human resource functions for businesses. Recruiting the right type of employees having the organizational fit remain a big challenge to the employers who want to achieve guaranteed success in their business operations. Hiring the right employees for the business can positively affect the turnover rate, company culture, production and profit. HR departments have become strategic entities in their functioning since these have to recruit the best resources, involve them fully in organizational productivity and plan for their value addition in order to ensure retention. This study was conducted to know the recruitment process followed by organizations and challenges faced by the HR recruiters while recruiting and selecting the candidates. The recruitment and selection issues that are prevalent today are not unique to any organization and research has shown that the issues are almost identical. Recruitment should be based on qualification, merit and experience. High unemployment doesn’t necessarily mean that it is easy to find good candidates. Centralized recruitment is advantageous. Line and staff co-operation is essential with regard to recruitment and selection. A fake resume affects the recruitment process badly and affects the efficiency and credibility of the company.
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