Vol 4 Issue 1 April 2016-September 2016

Abstract: Microfinance is all about providing financial services such as small size credit, savings, insurance etc. to the poor to help them engage in productive activities in order to improve their standard of living. SKS Microfinance was started in 1996 by Vikram Akula and became a public limited company in 2009 and issued equity shares to the public in the year 2010-11 to become the first Indian MFI to be listed in Bombay Stock Exchange and National Stock Exchange. The present study aims to know the evolution of the company, the shareholding pattern, practices followed by the company, methodology adopted in product delivery, product portfolio and the organization and management of the company. The study purely depends on secondary data collected from the website of the company under study. The company provides income generating loan (IGL), mid term loan (MTL), long term loan (LTL) mainly to support business enterprises. The strategy of SKS Microfinance is to earn profit through standardization, automation and scalable best practices. Its mission is to empower the poor particularly women by providing them collateral free small value loan following joint liability group model of lending. In its endeavour, it achieved excellence for which various awards and recognitions were conferred on it. The company is predominantly owned by foreign institutional investors (FIIs) and the company is one of the largest MFIs in India by Gross Loan Portfolio (GLP), number of borrowers and by branches as on March 31, 2015. Keywords: CRISIL, DII, DFID, FII, GLP, JLG, Microfinance. Title: AN ORGANISATIONAL STUDY ON SKS MICROFINANCE LIMITED Author: Mukti Kumar Nanda International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Abstract: The objective of the study is (1) To identify the factors influencing consumer’s buying decision making behavior on Samsung Mobile Devices form VIP Mobile Sales and Services Co., Ltd. in Yangon, (2) To investigate the differences of personal factors that influence consumer’s buying decision-making behavior on Samsung Mobile Devices from VIP Mobile Sales and Services Co., Ltd. in Yangon, (3) To investigate the difference of marketing mixes factors that influence consumer’s buying decision making behavior Samsung Mobile Devices from VIP Mobile Sales and Services Co., Ltd. in Yangon.The research methodology that was used adapted the quantitative approaches through survey questionnaires in order to collect the information from the respondents. The researcher designed the survey based on the conceptual framework. Moreover, this study collected data from 175 samples from representatives of the prospective consumers who buy Samsung cell phone from VIP Mobile Sales & Services in Yangon. Keywords: Decision making behavior, Samsung Mobile Devices, VIP Mobile Sales and Services Co., Ltd. TITLE: Factors Influencing Consumer’s Buying Decision Making Behavior on Samsung Mobile Devises from VIP Mobile Sales & Services Co., Ltd. in Yangon AUTHOR: Nang Phaung Kham International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Abstract: In spite of the fact that tracking records on the database are for the most part viewed as a typical issue, it assumes a key part in the enquiry execution, especially on the account of enormous databases such as information warehouse. Should a fitting file structure be chosen, the time required for enquiry reaction will diminish widely. Most specialists go for the bitmap list as favoured indexing method for situations where cardinality is low. once the list size is large, the cardinality of ordered sections expands ,this brings the reaction time to rise. The B- tree record is thought to be a solution for this problem. We concentrate on various kind of bitmap indexing systems (straightforward bitmap and encoded bitmap) and perform collected operation on inquiry with the help of both basic and encoded bitmap indexing and examinations the outcome. This paper tries to show the comparative study of bitmaps indexing and B- trees on the parameters such as response time, throughput time. Keywords: Data warehousing, Bitmap Index ,BTREE Index, Query Processing ,Response Time. Title: Comparative Study of Bitmaps Indexing and B- Tree Author: Sudhanshu Deshmukh, Pravin S. Metkewar International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Abstract: Training is usually referred to as the methods used to give new or present employees the skills needed to perform specific jobs and to be able to provide that level of training there are several activities that must take place within an organization . “The first step in training is to determine what training, if any, is required”. Before any training can take place, there is the need to analyse what needs to be included, the evaluation of what skills are needed to perform a job and also the assessment of the skills employees already have. The gap that exists between the two becomes the subject of training. An employee is the biggest asset in almost every service industry. By showing a clear career growth path to an employee, and training him to achieve those meaningful goals, supplemented by monetary compensation and job satisfaction always goes a long way to retain them. In today’s world of commerce, training techniques have metamorphosed. The emphasis leans towards improving holistic behavioural trends and technical skills, given more exposure at an early stage. To supplement this, several mode of transferring training programmes such as corporate trainers, role-playing, case studies, practical drills, situational handling skills, etc come into play . Hospitality sector is growing at a very fast rate in Sekondi/Takoradi, Ghana and managers require huge range of competencies such as, people management, viable skills, business insights, analytic skills, succession planning, and resource development in order to get success in this sector. Furthermore, employees are not enough trained on business etiquettes, courtesy, and business communication. Generally hospitality is all about handling people, so an employee coming into contact with all categories of people must have right attitude, tolerance, and listening skills in order to move up the hierarchy as an employee as well as move the company. For effective and sustainability of performance there is the need for training in empowering the workforce to be creative and innovative. When employees are properly trained, it aids in the productivity, profitability or survival of businesses in the present competitive business environment. The purpose of the study was to evaluate the training needs of front office personnel in some selected lodges in Sekondi-Takoradi. The objectives identified the training needs of front office personnel, found out the importance of these training programs, assessed the challenges of the training programs and evaluated the effect training programs had on staff performance. The study was a non-experimental and the targeted population was front office personnel, supervisors and guests of some selected lodges in Sekondi-Takoradi with a sample size of forty respondents. Data was analyzed using Microsoft Excel 2013. The study found that almost half of the lodges that organized training for their staff do not evaluate it, though it has been realized as a useful exercise. The study recommends that hoteliers should ensure that their training programme benefit most if not all stakeholders in order to influence their performance with the training programme. Keywords: Training, Performance, Management, Employee. Title: Evaluating the Training Needs of Front Office Personnel in Some Selected Lodges in Sekondi-Takoradi Author: Adelaide Spio-Kwofie, Bertha Danso, Theresah Ruth Edzii International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Abstract: Working capital is required for managing the day to day expenses of the company and it shows company’s ability in managing its current liabilities by using its current assets. Working capital is the difference between current assets and current liabilities. Positive working capital helps the company to manage its short term financing requirements. Working capital comprises current assets like Inventory, Debtors, Short term investments and cash balance; and current assets like payables etc. A study on working capital management throws light on how company’s profitability gets affected, as to run the company successfully, not only fixed assets, even current assets play commendable role. Therefore working capital management can be considered as one of the very important concept to be studied and analyzed. In the present scenario time value of money concept plays an important role i.e., a rupee received today is more valuable than a rupee received tomorrow; keeping in view the companies should plan about their investment on fixed assets as return on investment on fixed assets takes long time and also company should have adequate funds to maintain its day to day requirements otherwise it has to raise funds to meet its day to day requirements. Therefore company should always need to have a tradeoff between investment on fixed assets and working capital. The purpose of this study is to know how working capital affects company’s profitability and a relationship between working capital management and firm profitability and to identify the variables that most affect profitability. The results of this study show that only inventory turnover ratio and Average payment period have strong correlation with profit which indicates that only these components of working capital affect firm’s profitability. And also study has been made to analyze the liquidity position of the company using liquidity ratios and the results show that overall liquidity position of Ambuja cements is good and also company has maintained positive working capital i.e. excess of current assets over current liabilities year on year (except during 2009-10). Keywords: Working Capital, Profitability, Components of working Capital, Liquidity, Return on Assets, Correlation. Title: A Study on Impact of Components of Working Capital on Profitability: A Case Study of Ambuja Cements Limited Author: Dr.G.Ramanaiah, Prof. B. Vidyavathi International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Abstract: Financial Equity derivatives trading started on June 9, 2000 with beginning of stock index futures by Bombay Stock Exchange (BSE) National Stock Exchange (NSE) as well commenced zits trading on 12 June, 2000 based on S&P Nifty. Consequently, new products like stock futures on individual securities, index options and options on being securities were introduced. This study tries to examine the impact of derivatives trading on the stock market volatility of BSE- 30 Index it also examines the behavior of volatility index to see whether the market wide volatility has declined over the sample period. Advance, surrogate indices like BSE-30 Index pre and post second-hand to assess whether the introduction of derivatives for every se has been instrumental or the volatility has plummeted in line up with general fall in market wide volatility. The results recognized that introduction of pre and post have negligible or no effect on the volatility as evident from Descriptive Statistics model. When replacement index taken into consideration BSE-30 Index showed decline in volatility at the same time as BSE Sensex exhibited rise in volatility. Keywords: Derivative Trading, 2000 based on S&P Nifty, consideration BSE-30 Index. Title: Effect of Index Derivative Trading on Indian Stock Market: A Comparison of Pre and post Introduction period Author: R. Kannan, Dr. T. Sivashanmuguam International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Abstract: Handloom is one of the ancient methods of making cloths by hand which exemplifies the richness of our country. It provides employment opportunities to millions of people in the rural and suburban belts of our country. Customers are satisfied with the handloom product because of its quality and price but there expectations are more in designs. Government should support the hand loom weavers by providing proper incentives and subsidy. Product research should be strong to improve the expectations of the customers. Foreign trade must improve; it helps to bring unforeseen changes in the present scenario. Keywords: Handloom weavers, Customers Satisfaction, Customers expectation. Title: A Study on Customer Satisfaction and Customers Expectation regarding hand-Loom Weavers among Erode Town Author: Dr.S.Poongodi, S.Gowri International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Abstract: Current study puts light on the role of organizational culture, job satisfaction and social influence on work engagement. Job Satisfaction plays the role of a mediator in the study. The purpose of this study is to examine how organizational culture, job satisfaction and social influence affect work engagement. Analyses of a sample of 310 employees, collected from different universities from Multan city Pakistan, explored interesting findings. Bootstrap was run using AMOS for direct relation and for the mediation study. Organizational culture, job satisfaction and social influence were found significant in predicting work engagement. Further to this, organizational culture and social influence found directly related to job satisfaction. Previous studies on work engagement have mainly focused on simple models at any given time. However, researchers increasingly claim that a complex model may give the better understanding of work engagement. To the best of the authors’ knowledge, this is a unique study to address a complex structure of the proposed variables. Keywords: Organizational Culture, Job Satisfaction, Social Influence, Work Engagement, Pakistan. Title: Determinants of Work Engagement of Employees in Public Sector Universities: Insights from a Developing Country Author: Allah Wasaya, Saeed Ahmad, Bilal Khan, Rashid Aziz International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Abstract: With increasing globalization, firms are entering a dynamic world of international business that is marked by liberalization of economic policies in a large number of emerging economies like India. To face the challenge of increasing competition that has resulted from liberalization, Indian organizations have initiated adoption of innovative human resource management practices both critically and constructively to foster creativity and innovation amongst employees. With the help of in-depth case studies this article tries to understand how innovative HRM practices are being adopted by Indian firms to brace competition in the post liberalization scenario. Keywords: liberalization, competition, innovative HRM practices, India. Title: Impact of MNC Competition on HRM practices of Indian Firms Author: Dr. Mridulesh Singh, Dr. Rajeev Singh International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Abstract: Women constitute half of the human population on the globe. It is the contractual obligation of the democratic state to promote and strengthen women’s studies through teaching, research, extension, information dissemination and advocacy. Udyogini is a truly innovative scheme, sanctioned by the Government of Karnataka in the year 1997-98 established under the Karnataka State Women's Development Corporation; a huge step was taken in this direction. Udyogini assists women in gaining self-reliance through self employment, especially in the trade and service sector. In this paper, the impact of udyogini scheme in women’s empowerment is considered. For this study both primary and secondary data is used. Primary data is collected from the respondents through a structured questionnaire and secondary data is collected from government publications and reports, journal articles, official websites and other documents. The researchers were used statistical tools like percentage, t-test were used for better analysis and interpretation. The study found that there is a positive reflection on socio economic empowerment on the respondents. Keywords: Empowerment, Udyogini, social factors, economic factors. Title: Socio-Economic empowerment of women through of Udyogini Scheme Author: Dr.Benni S Basavaraj, V.A.Chowdappa International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Abstract: Nepal is predominantly mountainous and landlocked country with least development and low economic size of nominal US$ 7.23 billion. The prevailing political conflict which began in 1996, has further constrained their development, and has confined banking in urban Nepal. It is generally considered that the central bank’s (Nepal Rastra Bank) supervision is weak and the non-performing lending is sizable, especially in the two major national commercial banks; Nepal Bank Ltd. and Rastriya Banijya Bank. However, formal and informal financial institutions are functioning in Nepal but, the role of their contribution are known to a minor extent. Therefore, this research was designed to analyze the scope of sound development of the financial institutions in Nepal. We made use of descriptive and causal comparative research designs, and analysis of available information for the study highlighting the recent trends in structure and development of the financial sectors. In detail study and analysis of primary data from Nepal Rastra Bank (NRB) and information from clients of selected financial institutions has brought to light some interesting information. The collective data of NRB and selected commercial banks from the fiscal-year 2000 to 2015 were analyzed using regression model. The result revealed that bank credit plays important role in Economic Growth. Nevertheless, economy has gradually increased over the years, since 2000 to 2015. Accordingly, the financial sectors are implied to design and formulate strategies that will not only minimize the acquaintances of the bank to credit risk but also enhance its profitability. Keyword: Central Bank, Commercial Bank, Bank Credit, Economic growth. Title: A Study of Financial Sectors of Nepal and its Role in Economic Growth Author: Prabin Rai, Prof. Dr. Vijit Supinit International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Abstract: In the era of globalization electronic marketing is a great revolution. Over the last decade maximum business organizations are running with technological change. Online shopping or marketing is the use of technology (i.e., computer) for better marketing performance. And retailers are devising strategies to meet the demand of online shoppers. Therefore we have also decided to study consumer’s attitudes towards online shopping and specifically studying the factors influencing consumers to shop online. The population selected for the research is Guinea, and narrowed down to Kofi Anan University students, University cafeteria and Guinea Public library, the sample size selected for this research is 100 and i have used convenience sampling technique. The findings indicated that among the four factors selected for this research the most attractive and influencing factor for online shoppers in Guinea is Website Design/Features, following convenience the second most influencing and thirdly time saving. Results have also showed that security is of important concern among online shoppers in Guinea. The research has also found that there are some other factors which influence online shoppers including, less price, discount, feedback from previous customers and quality of product. For the second research question i.e. who are online shoppers in term of demography: the correlation results for the age and attitudes towards online shopping has showed that elderly people are not so keen to shop online. Whereas for education it is concluded that higher education makes online shopping less attractive, for the income the correlation results are so weak hence we could not conclude anything out of it. It is expected that this study will not only help retailers in Guinea to devise successful strategies for online shoppers but it will also provide a base for similar studies in the field of consumer attitudes towards online shopping. It is hoped that this study will be able to stimulate future research interests in the area of E-commerce. It is recommended to include detailed website design to be evaluated by consumers in future. In order to reap the maximum benefits of future research, the website must have been improvised to include all the necessary features that have been discussed or even more. The potential participants can be invited to take part in the survey through the actual website so that they can evaluate and visualize the features, benefits, ease of use, security, trustworthiness and etc. with less bias but with more true perception and feedback. It also serves as an evaluation of the marketing strategy through the survey. Keyword: factors influencing online shoppers. Title: Factors Influencing Guinea Consumers to Shop Online Author: Mamady Camara International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Abstract: The development of economy and the progress of science and technology for electronic commerce has opened up a very broad prospects, under the influence of the global trend of informatization drive, electronic commerce of all countries continuously improve and perfect, e-commerce has become one of the symbols of advanced productivity of the 21st century. As an internationally accepted information age business mode, e-commerce concept is continuously thorough popular feeling. In our country the development and popularization of computer and network technology electronic commerce rapid rise, online trading development also into a new step. Alibaba is the emerging e-commerce enterprises in our country, the speed of its development is one of the fastest in the domestic enterprises, through Alibaba's culture, history, business and scale, more highlights the necessity of the development of e-commerce. The further development of e-commerce has sparked a widespread and profound business change. E-commerce as one of the important business activities of online transactions, Its existence in the huge economic potential, many companies are tempted into making Alibaba e-commerce development in a favorable environment, though the new economic condition of business form has a bright future, but it also faces many problems. The dotcom bubble of China electronic commerce, at present already entered the stage of steady development, future is very promising, but the development of e-commerce in the future road, is still a lot of the problem. Alibaba's e-commerce is a use of modern scientific means such as computer and network technology in business activities, in the new economy and promote economic showed enormous energy, but the defects and deficiencies in the process of development. Through the analysis of Alibaba e-commerce environment, put forward the Alibaba e-commerce development strategy. Now, therefore, should be the development trend of electronic commerce, sorting out the existing problems and put forward the corresponding countermeasure, thus more conducive to Alibaba e-commerce under the new situation of the continuous, rapid and healthy development. Keywords: e-commerce, development strategy, state-of-the-art, e-commerce and logistics, e-commerce law. Title: THE STUDY OF ALIBABA E-COMMERCE Author: Tian Zheng, Phairat Boousuwa International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Abstract: This research paper is about software (its actuality and timeliness). An author thinks it will change the obvious way of offline shopping. Also it has many benefits for non-end users such as: suppliers, customers (FMCG, drugstores, etc.), Government and supervisory organizations. There are many online shops and E-malls in China. With the help of software and APP user can easily compare the prices for chosen goods and chose an optimal place for buying. Current innovations avoid retail stores. Retail buyer couldn’t see the availability, prices and promotions in the offline shops around him. At present time an author and his colleagues are working on internet solution. This solution will optimize time and expenses for offline shopping. Also this project is supposed to be interested for many others users such as: offline stores suppliers and customers, manufacturers, government organizations, foreign investors and customers. Keywords: time optimization, expenses optimization, e-commerce, retail trade, retail innovations. Title: New online engine that can optimize user’s expenses and time Author: Shkolnikov Alexander, Alireza Nasiri International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Abstract: One of the interesting spheres for research is tourism destination management process. Above Mentioned process is quite complicated and many problems are faced. Some stakeholders can be functioned in several different roles at the same time, which complicates the situation. To implement stakeholder management, first concept requires the tourism planners to have a full knowledge of all the persons or groups who have interests in the planning processes, delivery and outcomes of the tourism service i.e. interests in the procedural and substantive aspects of the corporate activity. Planners often take too easily the complexity of this step and default to a cursory report of only the most noticeable stakeholders, mainly tourists, business owners and government officials. Paper explores the reasons of the mentioned problems according to each stakeholder, discusses involvement difficulties, gives the ways how to manage above mentioned process and eliminate all the problems. Solution can be understanding the role of stakeholders, promote their cooperation and involvement in tourism destination management. By all that we can achieve more utilization of tourism potential. Keywords: Tourism; stakeholders; involvement problems; destination management. Title: Involvement Problems of Tourism Stakeholders and Managing the Process of Solving Them Author: Nino Paresashvili, Teona Maisuradze International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals