Pacific B usiness R eview I nternational

A Refereed Monthly International Journal of Management Indexed With THOMSON REUTERS(ESCI)
Editorial Board

Prof. B. P. Sharma
(Editor in Chief)

Dr. Khushbu Agarwal
(Editor)

Ms. Asha Galundia
(Circulation Manager)

Editorial Team

Mr. Ramesh Modi

Archives
2020
2019 2018
A Refereed Monthly International Journal of Management
December 2018

Name : Index
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Name : Human Resource Practices and Job Satisfaction in Selected New Generation Private Banks: An Empirical Study of their Relationship & their Impact among Executive Employees
Author : Sanjeev, Dr. N S Bhalla, Dr. T. S. Sidhu, Shruti
Abstract :
The Banking Industry in India has undergone an incredible change since Government of India has adopted the Economic, Financial and Banking Sector Reforms. The healthy Competition posed by the private sector banks has not only improved the quality of service by the Public sector banks but also through a basket of innovative diversified products. Here the role of the human resources has become the crucial most. The stay of the employees in banks largely depends upon the prevailing human resource practices and the levels of job satisfaction assumed by them. Through this paper the researcher has attempted to identify the relationship between Human Resource Practices and the job satisfaction levels of the executive employees in three new generation private sector banks in Punjab. In addition to this the impact of selected Human Resource Practices has also been studied. A sample of 115 executive employees from Kotak Mahindra, Yes Bank and Indusind Bank have been surveyed through administered questionnaire comprising 43 statements with respect to Human resource Practices and standardized questionnaire comprising 20 statements measurable at 5point likert scale, w r t Job Satisfaction. Factor Analysis, Descriptive analysis, Correlations and Multiple Regression Analysis have been used. A positive relationship has been observed between Human resource Practices and Job satisfaction and Employee benefits and performance appraisal were found to carry highest impact on the job satisfaction levels among executive employees in selected new generation private banks.
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Name : The Effect of External Motivation and Work Overload on Career Anchor Development
Author : Dr. H. Tezcan Uysal ,Sibel Aydemir
Abstract :
Purpose of this study is to test relationship between career anchor developed by employees and sense of work spillover, determine effect level of external motivation and sense of work spillover if there is a statistically significant relation and offer suggestions that will decrease career anchors of the employees by increasing their performances in the career occupations. Depending upon this purpose, data has been obtained from 67 doctors working in university hospital of X Higher Education Institution by means of survey method. This data has been evaluated by SPSS program and analyzed using correlation analysis, multiple regression analysis, Kruskal-Wallis H Test and Mann-Whitney U test. In conclusion of the analyses conducted, there is a significant relation between external motivation factors and career anchor and there is no statistically significant relation between work spillover and career anchor. When integrated effect is examined, however, it has been determined that work spillover has an effect on career anchors in presence of external motivation factors. It has been determined that 1 unit increase in sense of work spillover causes 0.398 increase in development of career anchor and 1 unit increase in external motivation factors causes 0.566 decrease in development of career anchor.
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Name : Relativism and Ethical Judgement in the Accounting Profession: A Study with reference to Practicing Chartered Accountants in Karnataka State
Author : VEDAVA P.
Abstract :
The current study has made an earnest attempt to gain an insight into how the ethical perception, in terms of the ethical judgement, is formed by the (Practising Chartered Accountants) PCAs of Karnataka from the perspective of one of the normative factors, viz, relativism. Relativism has its root in utilitarian ethical theory and utilitarian ethical theories are reductive, since they eliminate what is morally relevant (character) and they legislate the form of moral reflection (consequences)” .Thus, ethical judgement can be improved through going beyond merely focussing on ethical principles that are derived from ethical theories and modifying of current law governing the profession of accountancy as the current institutional arrangements may be expected to foster relativism, not idealism. Such an improvement and modification calls for understanding of ethical perception of a situation.Discharge of professional responsibility with the intention of satisfying a broader obligation to third parties rather than clients calls for fairness in the profession of accountancy. What constitutes fairness in the field of accounting profession? When individual investors and members of society are not harmed by the behaviour of professional accountants, the profession of accountancy is said to have fairness. Of course, this calls for the prevention of fraud and manipulation. While it might be argued that creative accounting is within the law, it violates ‘the spirit of law’, which is taken to be the ethical demands placed on any corporation by a society. Thus, fundamental changes in the ethical orientation and the system of the accountancy profession are the need of the hour.
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Name : Measuring Technical Efficiency in Healthcare Service: A Case Study
Author : Vinaytosh Mishra
Abstract :
The triangle of equity, efficiency, and thecost has been the predominant topic of the discussion among health economists and health policy analysts for decades. The cost of healthcare is the principle of health equity and obstructs the healthcare inclusion in developing countries like India, where seventy-five percent of the population is not covered by any state sponsored health insurance. There have been efforts for healthcare inclusion in recent years, but it is too little too late. In case of achronic disease like diabetes, the life time cost of the care is too high to adhere to the medication regimen. The efficient use of resources can help making healthcare available at reduced cost. This paper represents efficiency analysis of a diabetic clinic over the measurement period of three months. We have used Data Envelopment Analysis (DEA) models as the efficiency measurement tool. The model uses the average number of physicians and allied health professional as input while an average number of patient served (with same service level) as output. Theresult indicates that the efficiency of diabetes clinic is 0.937 and it still has thescope of improvement. The paper further discusses the reason for thegap and recommends managerial implication of the analysis.
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Name : An Analytical Study of the Awareness and Usage Level of Micro Packs among Indian Consumers
Author : Dr. Preeti Mehra, Dr. Raghbir Singh
Abstract :
This study offers and validates a comprehensive approach to explain thelevel of awareness and usage of micro packs have been studied and with an objective to identify the most popular brands, a profile of the most recollected brands has been prepared. In order to attain these objectives a sample of 500 respondents belonging to three cities of Punjab; Jalandhar, Amritsar and Ludhiana and Union territory of Chandigarh was drawn. Judgment sampling was adopted for selecting the respondents. It was however; found that a majority of respondents were aware of the availability of most brands of micro packs in different product categories. However, there is a relatively lesser awareness regarding the availability of micro packs of health care category as compared to the other product categories. Most of the consumers who are aware of the existence of micro packs of products were actually using them as well. The analysis has shown that micro packs of all the products were used more by the respondents of lower income categories in comparison to the higher income categories.
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Name : Effects of External Social Capital on Hospitality Firm’s Performance: The Mediating Role of Competitive Strategies
Author : Seher Konak, Cihan Secilmis
Abstract :
This study investigates the mediating role of competitive strategies on the relationship between external social capital and firm performance. The data of the study were obtained through surveys responded by the managers of five-star hotels. 300 valid questionnaires were considered in the analysis. Firstly, validity and reliability analyses of the questionnaire were made. Hierarchical moderated regression analysis was used to test the research hypotheses. The findings indicate that external social capital has a positive effect on the firm performance. External social capital has a positive effect on competitive strategies. Furthermore, it was found that competitive strategies are partially mediated between external social capital and firm performance. In brief, hotels should not only learn but also implement these strategies to achieve competitive advantage.
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Name : Impact of Demonetization Announcement on Indian Stock Market: An Event Study
Author : Dr. Shilpa Lodha, Ekta Kumawat, Chirag Bapna
Abstract :
Economics is a broad study of the pecuniary conditions of a country and of the effects of various policy decisions of the government and the central bank. Every trivial change creates a domino effect, triggering several pros and cons to be discussed in the subsequent phase. The following event study dwells into the minutiae, interpretation and conclusions of the recent financial exercise of ‘Demonetization’ on stock market. This study deals with one of the most important questions that whether or not Indian stock market overreacted during the stock specific news. The impact of it on sectoral indices and sectoral growth is moreover an important issue of concern. The study deals with it by undertaking sample studies of few of the sectors and impact on them. With a sample period of 81 trading days, 9th November 2016 as the event day and an event window of 10 prior days from the event day, this study provides a qualified swot of the situations in a comprehensive manner. The methodology consisted of sample selection (i.e. Stock market), defining a sample period, defining an event window, estimation period, expected return hypothesis, AR & CAR and significance testing. Results concluded that Banks (Public/Private), Financial Services and PSUs yielded positive returns while a stark difference was seen on sectors like Realty along with Auto, IT and media. A detailed analysis of the above drawn conclusions will help us in understanding the effect of this decision in a more actualized and expounding way. The report duly acknowledges the support of individuals and backup from various sources (duly mentioned) in felicitating this study.
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Name : WTO Compliant Protectionism with Special Reference to China
Author : Ashwani Mahajan, Phool Chand, Harsha Vardhan
Abstract :
There is general narrative that Free Trade is beneficial for one and all. We find that since 2001 when the tariff liberalization started, trade deficit has been increasing for most of the countries including India. In India, the said benefits of Free Trade are not accruing even as number of industries continue to shut down. As a result of lowering down of tariffs, imports have been increasing. It has been perceived that protective tariffs cannot be imposed because of our commitments in World Trade Organisation (WTO). However, we find that other countries have made use of flexibilities in WTO and have not only made use of non tariff barriers but also of the protective tariffs to safeguard their respective economies. The present paper seeks to make an enquiry into the possibility of imposing protective tariffs for guarding the interests of our economy in general and industry in particular. Given the structure of our trade with different categories of commodities, we have analysed the effect of protective tariffs on the imports. Our results show that the increased tariff in the budget proposals (Union Budget 2018-19) have reduced the imports to the tune of $4.97 billion, in seven months, which is 7.5% decline, compared to the same period for previous year. Also, imports from China have decreased by $2.97 billion which is a 20% decrease compared to the previous year.
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Name : Digital Literacy of Faculty & Its Relationship with Teaching Learning: A Study on Student’s Perspective
Author : Sandhya Tewari, Dr. Mahima Birla
Abstract :
The paper explores the influence of faculty’s digital skills on the learning experience of students. Student’s background and their specialization’s influence the way they perceive digital literacy of the faculties. Digital literacy of a faculty makes them more accessible and transparent when it comes to student interactions. The real-time feedback and ability to respond instantly adds more value to the interactions. The existing millennial generation of students is more comfortable with digitalization of teaching and learning and therefore it is critical to update the academic approach towards higher education. Digitalization has made learning and education globally accessible anytime anywhere.
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Name : Achieving Superior Performance in Small and Medium-Sized Organizations: Pervasive Role of Innovation and Marketing Capabilities
Author : Mohammad Faryabi, Kiomars Nezhadi, Sima Faraji
Abstract :
Organizational improvement methods for success in the market have always been desirable for researchers and managers of the organizations; in this regard, attitudes to the capabilities and their impact on the performance of organizations are more important. Among the capabilities, innovation and marketing capabilities play a vital role in creating competitive advantage and superior marketing performance. However, little research has looked at these capabilities and their combined role on the organization's performance. The preset study provides a more comprehensive look at the relative contribution of innovation and marketing capabilities, their complementary role, and marketing support capabilities in organizational performance. With a resource-based approach on 100 small and medium-sized industrial organization located in the industrialized cities of the Markazi Province, the research suggests that innovation and marketing capabilities are positively and significantly related to the organization's performance; moreover, These capabilities interact with each other to create synergy to achieve superior organization performance.
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Name : Investigating the Relationship between Sales Promotions and Brand Equity Dimensions: A Case Study of an Active Company in the Classic Men's Clothing Field
Author : Siamak Saba
Abstract :
The brand's special value, with the nature of the features and credits that can increase or decrease the added value created by product or service, is an important indicator in obtaining feedback from marketing activities on the brand. In this research, the relationship between precious sales promotion and brand equity dimensions in the garment industry in the country has been investigated. The present research is applied in terms of purpose and based on the data gathering method, the research is descriptive and in terms of data analysis method, it is considered as correlation and structural equations. The required information was collected using a questionnaire from 107 samples of the statistical population including all customers of the brand (male clothing manufacturer) in Tehran and then analyzed using the LISREL software. The results of this research indicate that there is a positive and significant relationship between sales promotions and brand equity and its four dimensions (perception of quality, brand image, brand awareness and brand loyalty). The results of this research can help managers and marketers to make future plans for brand development through precious tools as brand advertising.
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Name : Factors Influencing Consumer Preference for Purchase Intention of Organic Apparel Products – A Structured Review
Author : Prachi Mishra, Dr. G. Devakumar
Abstract :
The aim of this paper was to identify factors influencing green consumer purchase behaviour for organic apparel products in India. Based on the scholarly journals from national and international publications, the research gap was recognized. And scholar has found factors such as Green Trust, Green Motive, Green Perceived Value and Green Attitude having strong influential capabilities on purchasing preferences for organic apparel products. It was also noticed that various generation cohorts as Gen X, Gen Y and Gen Z exhibit uniqueness in their consumption pattern for such products. In addition, consumer’s transition towards organic clothing is on rise in India recently due to increase in environmental, health and social hazards associated with conventional apparel products. Conceptual framework for green consumer purchase behaviour has been developed based on above identified factors by researcher. The findings of such work will aid retailers, marketers and research community alike in gaining better insight into green consumers mindset and leverage alignment of promotional strategies towards organic clothing market growth in India.
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Name : Harnessing Social Media in Hospitality Industry
Author : Dr. Pooja.S.Kushwaha, Dr. Romi Sainy
Abstract :
In the era of digital media this is right time for hospitality companies to utilize the power of social media not only for branding, marketing but also to increase the customer engagement which improves customer satisfaction and lead generation and retention. As per statistica.com records we have more than 2 billion active users on Facebook from all parts of the globe, with this huge user base of Facebook there would be incredible benefits can be accrued by the companies that can effectively use social media. Hospitality industries can utilise social media for conveying information about their brand, active engagement of customers in the form of reviews and proactively managing customer grievances by giving immediate response. This is very much applicable for travel and hospitality companies, as per the inclination of the people to use social media for researching their vacation destination, sharing their vacation experience, and reviewing the places they have travelled or stayed. This paper explains the use of social media by the hospitality industry.
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Name : An Effective Information Retrieval Using Video Search Engines
Author : Deepika Sagar, Jwngfu Brahma, Shobha Tyagi
Abstract :
Information retrieval is a field that relates to the way of collecting, managing and retrieving data using different techniques. In this paper we have discussed the background activities through which the information is provided to the user in the form of multimedia content. Effective retrieval of information includes use of detectors and trackers that tracks the information on the basis of the logs of the previous searches. A video search engine working depends upon the operations such as crawling, indexing and finally ranking. Various ranking based criteria are involved to retrieve the best result to the user from the large quest of data. The main purpose of the use of various techniques within a search engine is to support and manage a large number of audio-visual contents. Search engine optimization is a well practice technique to provide the ranking and assigning the appropriate position to the sites over a search engine. This paper represents the various works done by different researchers in the field of information retrieval and the future use of the video search engines along with the current trends and technologies used by different video search engines.
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Name : Economic Update
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Name : Stats Window
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Name : Editorial
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