IOSR-JBM   Volume-16 ~ Issue-7 ~ July-2014

Abstract: Outsourcing of training is considered as a major management challenge in the turbulent environment with respect to the increase in the trends of technology and business needs. Due to this increase in business needs, there is more pressure on the companies to put more efforts on the training and development arena and ensure that they do not become obsolete in the market. And outsourcing on need basis has been broadly accepted as a more cost-effective method for creating or delivering training modules especially for IT companies. Another major challenge of IT industry (especially in India) is Globalization of the employees across other countries. To address the training needs on a global perspective, Virtual Training is a one- stop solution. With the option of Virtual Training available to the employees, that they can enhance their knowledge and cope up with the demands and trends irrespective of the location and time constraint. Many IT companies have started allocating their budgets to enable this option of online based or web-based learning interventions for their employee's skill development. However, there is still a gap prevailing among the consultants with respect to equipping themselves to move towards the Virtual Training delivery model and most of the consultants are still hesitant to move towards Virtual Training and still restricting with the formal classroom delivery mode. Thus, this paper would explore and analyze the 360 degree perspective of Virtual Training, to identify the gaps (difficulty level) in implementing Virtual Trainings (from a consultant's point of view) and to provide solutions to bridge the gap.

Keywords: Virtual Training, Outsourcing, Consultants, 8P's of service delivery, IT Companies

[1]. Arpan Kar (2011), '7 Ps, 8 Ps, Marketing mix, Services Marketing', Advertising & Branding, Marketing, Marketing Theory, Sales & Distribution

[2]. Cifuentes, L. S., Yu-Chih Doris. (2001). Teaching and Learning Online: A Collaborative Between U.S. and Taiwanese Students. Journal of Research on Computing in Education, Summer 2001; Vol 33(4), pp. 456.

[3]. Cushing Anderson, (2010),' When, Why and What to Outsource', Chief Learning Officer magazine, Sep 2010, Pp: 54-56.
[4]. David I Lepak, Scott A. Snell and Shad S. Morris, (2005), 'An Architectural Approach to Managing Knowledge Stocks and Flows:Implications for Reinventing the HR Function', CAHRS Working Paper Series
[5]. K. Gurchiek, (2005), 'Record growth: I. Outsourcing of HR functions', HR Magazine Pp.35-36

Abstract: This study examined the effect of Company Income Tax [CIT] on investment decisions of companies liable under the CIT Act in Nigeria. Questionnaire was designed to collect data from 180 companies in the South West Zone. Findings revealed that CIT has influence on the rate of return on investment, and investment evaluation criteria. Tax incentives motivate investment and on the overall, tax was considered to be very important when compared with other factors affecting investment decisions. Part of the recommendations was that tax policy should aim at fostering economic growth: investment in new capital encourages implementation of new production techniques and introduction of new products.

Key words: Behavioural Approach,,Company Income Tax, Investment Decisions Tax incentives, Tax policy.

[1]. Martin Adina [2009] "The Impact of Taxation on the Investment Localization Decision in the Contest of Globalization" JEL Classifications E62, F36, G38, HB2 pp133-142
[2]. King, M and Fullerton, D [1984] "The Taxation of Income from Capitals: A Comparative Study of the United States, the United Kingdom, Sweden and Germany" [number king 84 – 1. In "NBER, Books" National Bureau of Economic Research Inc - March
[3]. Makie, J.B. [2002] "Unfinished Business of the 1986 Tax Reform Act: An Effective Tax Rate Analysis of Current Issues in the Taxation of Capital Income" National Tax Journal Lv [2], 293 – 33
[4]. Shah, A. [2005] Fiscal Incentives for Investment and Innovation, Oxford: Oxford University Press
[5]. Chennels, L. [1996] "Taxation, Corporation" in M. Warner [Ed] International Encyclopedia of Business and Management 5, 4768 - 81

Abstract: This study is aimed at undertaking technical analysis of selected companies included in the CNX Nifty. The project also demonstrates how technical analysis can be of valuable use for the investors in marking their investment decisions. To analyze tools of technical analysis can be used in forecasting stock prices. To find the right stock for investment and to provide the justification for the investment based on the candlestick charts and indicators. To know the movements (upward or downward) of stock prices of selected company stocks through Technical analysis.The descriptive method is used to study the price trend of fifteen stocks using MACD and RSI charting technique of technical analysis. The data used for analysis is secondary data obtained from the spider software for technical analysis. The sampling method used in this research is simple random sampling. The three banking companies are taken from the NSC quoted stocks where more than 9000 companies were listed.

KeyWords: convergence, divergence, investor optimism, investor pessimism, oscillators…

[1]. Barber, Brad M., Terrance Odean (2000). "Trading is hazardous to your wealth: The common stock investment performance of individual investors". Journal of Finance, 55, p 773- 806.
[2]. Edwards, Magee (1997) "Technical Analysis of Stock Trends". Fifth edition, Boston: John Magee Inc: 1997.
[3]. Eugene F.Fama (1965). "The Study of Stock Prices". Journal of Business, January 1965
[4]. Fernando Fernández-Rodríguez, SimóNSosvilla-Rivero, Julián Andrada-Félix (1999). "Technical Analysis in the Madrid Stock Exchange", FEDEA –D.T.99-05, p 1-29

[5]. Gupta, L.G (2003). "Stock Market Investors‟ Biggest Worries Today." Portfolio Organiser. Vol.41, No.5, 2003, p 47-51.

Abstract: The Company is empowered by Law to raise money for its undertakings by either selling its shares or by direct debt finance; this is by approaching the financial institutions for loans to pursue their business plans. The most accessible form of external finance for companies is a loan from a financial institution. The loan capital markets represent an important feature on the corporate fiancé landscape.1 Whilst it may be easy to raise debt capital from the Banks, or other financial institution, they will not wish to take risks, and so will insist on taking a form of security for the loan. The indebtedness of the company to the financial institution is generally acknowledged by way of debenture. In some cases, the company may wish to raise a large capital by simply soliciting the funds from the general public. This may be similar to creating securities in form of shares. The company will simply create a form of security instrument known as debenture stock, this enables many investors to be able to invest in the securities at the same time and on the same terms. The sale of the securities iseffected mainly through the stock market or exchanges specified by the agreements and backed by law. The debenture trust deed sets out the voting rights and meetings of the debenture holders. A very important issue here is that the company appoints a trustee under the Trust Deed who acts as intermediary between the company and the debenture holders. The trustees are the legally recognized managers of the funds and representative of the debenture holders. The trustee not only represents the interest of the debenture holders but also serve for administrative ease and convenience. As the financial institution will now deal with the trustees only, and the trustees represents the interests of the debenture holders, the debenture holders deal with the company through the trustees.

[1]Dignam A and Lowry J. 2009.Company law London; Oxford University Press. 85

[2]Cap. C20, Laws of Federation 2004 (hereinafter called CAMA 2004) 3Bryan v Metropolitan Co. (1858)

[3] D.G. & J. 123, see also General Auction Estate Co. v Smith (1891) 3 Ch. 432

[4] Section 26 of CAMA 2004

Abstract: Purpose: The purpose of this research is to explore the various attributes of merchandisers' performance at organisation level and parameters of supply chain competitiveness that affect the apparel industry. Design/methodology/approach: The study has focussed on apparel export companies located in NCR of Delhi. The primary data has been collected through structured questionnaire. The areas covered in questionnaire encompassed aspects of merchandisers' job responsibilities and apparel supply chain competitiveness factors as relevant to apparel industry. Findings: Organisation and Communication skills, knowledge of apparel manufacturing and quality assurance, knowledge of dynamic product costing have a strong association with supply chain competitiveness parameters of product quality, product delivery and retail pricing. Training of merchandisers in the areas which affect supply chain competitiveness of apparel export units is of key importance. Research Limitations/implications: The recommendations have been made for apparel export companies as well as for individual merchandisers. The recommendations primarily include education and training of merchandisers, standardising documentation requirements in the company and having a Standard Operation Procedure (SOP), strengthening of Information and Communication Technology (ICT) and apparel manufacturing systems, performance appraisal with respect to Key Result Areas (KRAs) and training by buyers. The paper opens up scope for apparel industry and organisation specific studies. Originality/value: Identification of merchandiser performance and supply chain competitiveness parameters in apparel industry is based on extensive literature survey supplemented by companies' direct primary responses through a structured questionnaire, which were associated through correlation analysis.

Keywords: Merchandiser, Supply Chain Competitiveness, Skill, Merchandisers' Performance Paper Type: Research Paper

[1]. Allen, Ronald Maurice ( 2008), 'Performance Measurement of Textile and Apparel Supply Chains in Developing Countries', http://repository.lib.ncsu.edu/ir/bitstream/1840.16/6200/1/etd.pdf
[2]. Ali, Saqib , Ali, Zeeshan (2010), 'The Role Of Merchandiser In Managing The Supply Chain', http://hdl.handle.net/2320/6708
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[4]. Beamon, Benita (1999) 'Measuring Supply Chain Performance', International Journal of Operations and Production Management, 19(3), 275-292.
[5]. Bhavani, T. A., & S. D Tendulkar (2001), 'Determinants of firm-level export

Abstract: This paper mainly focused on how the paradigm of HRM practices in the banking industry of Bangladesh shifted from decades to decades. For the research purpose, we have divided the banking sector into – Public and Private Banks; conducted a qualitative research and compared the actual result of the HRM practices in both types of banks. The first section of this report covered the actual situation of HRM practices in Bangladesh, based on research opinion of various authors concerning the vital issues of HRM like – Recruiting, Selection, Training & Development, Compensation & Benefit, Performance Appraisal, Promotion and Industrial Relation. The research methodology was comprised of two methods – Primary Method (Questionnaire survey and in-depth Interview) and Secondary Method (Online journals, Websites). Moreover, the questionnaire was divided into 3 decades to find exactly how the paradigm of HR shifted in the banking industry. Next section reveals the result & discussion part based on the information given by the banks. From the findings the actual paradigm shift of HRM practices in the banking industry was portrayed in the next section which was followed by proper justification. Then the paper was concluded with some unique suggestions to improvise the HRM practice in the banking sector.

Keywords: Compensation, Human Resource Management, Performance Appraisal, Recruitment, Selection

[1] Chowdhury M. F. (2011). Performance Management Practices in Organizations Operating in Bangladesh: A Deeper Examination. World Review of Business Research, 1(2), Pp. 153 – 167.

[2] Tanure, B., & Duarte, R. G. (2005). Leveraging competitiveness upon national culture traits: The management of people in Brazilian companies International Journal of Human Resource Management, vol. 16, no.12, pp. 2201–2217.

[3] Akhter, N. (2002). Human resource management in Bangladesh: A study of some local private manufacturing industries. (Unpublished doctoral dissertation). University of Dhaka, Bangladesh

[4] Abdullah A.B.M., Boyle S. & Joham C. (2011). Cultural Factors in Workforce Management: The Case of Multinational Companies Operating in Bangladesh. International Review of Business Research Papers, 7 (2), pp. 196-211.

[5] Jamil, I. (1998). Administrative Culture in Public Administration: Five Essays on Bangladesh. Bergen: Los- Sentret. Rapport 9801 [6] Ernst & Young, MCCI, (2007). HR Practices Survey Bangladesh 2006-2007

Abstract: Survive in competitive market good and established corporate governance essential and important for growth to modern corporations. Corporate governance effect firm's performance. In Libyan perspective, corporate governance practices have been established from earlier of 1950 when oil and natural gas were discovered. British and American companies are involved in oil and gas sectors since 1950. ENI is one of the well-known and established oil and gas companies in Libya. Aim of this study was to identify the impact of corporate governance on ENI's performance in Libya. It has found that there is a positive effect of corporate governance on ENI's financial performance in Libya. Admitted to a long-term basis, in a transparent and responsible corporate behavior of market confidence in the delivery of benefits to the establishment of a corporate governance practices and procedures.

Keywords: Corporate Governance, Financial Performance, Board of Directors, ENI, Libya,

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Abstract: In the current constantly advancing technological world, stakeholders are doing their best to ensure that their respective companies remain highly successful in delivering quality products and services. To be precise, top company stakeholders are fighting tooth and nail to aid in implementation of technologies that promote their competitiveness in the global market. On this sense, this report focuses on the implementation of quality technological innovations in the day-to-day operations of Libya's oil companies. To be specific, major emphasis has been laid on the need to adopt management information systems (MIS) and play a significant role in bringing in a positive impact on user competency at Libya's oil companies (Otman&Karlberg 2007). This study begins by introducing the research topic and analyzing the current operations in Libya's oil companies. It further analyzes the fundamentals of management information systems.

[1]. Abdullah, S &Albadri, F 2011, ICT acceptance, investment and organization: cultural practices and values in the Arab world. Hershey, PA, Information Science Reference.
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Abstract: The research is a comparative study of the corporate governance codes of two countries similar in nature in terms of the time of implementation of the corporate governance codes and highly differentiated in terms of levels of economic activity. The study is a comparison of the corporate governance codes of Indonesia and UAE. The code was revised and enacted in Indonesia in 2006 while the code for corporate governance became legal in 2006 for UAE. UAE is the country that is marked by very high levels of economic activity while Indonesia is a developing nation that is yet to come fully forth to the global economic forefront. The study brings forth an analysis of the difference in the basic code of corporate governance and also the factors that influence and impact the formation of such codes. Through such analysis of corporate governance codes, the study aims to highlight the positive aspects and also find out the scope for improvement in these codes after understanding the relevance and importance of corporate governance in nations.

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[3]. Aldin, H., Malkawi, A., Pillai, R. and Bhatti, M. I., 2014. Corporate governance practices in emerging markets: The case of GCC countries. Economic Modelling, 38, pp. 133–141.
[4]. Aljifri, K. and Moustafa, M., 2007. The Impact of Corporate Governance Mechanisms on the Performance of UAE Firms: An Empirical Analysis. Journal of Economic and Administrative Sciences, 23(2), pp.71 – 93.
[5]. Ammanna, M., Oesch, D. and Schmid, M. M., 2011. Corporate governance and firm value: International evidence. Journal of Empirical Finance, 18, pp. 36-55.

Abstract: This paper examines the leadership controversy in the Anglican Church Diocese of Harare and evaluates the extent to which the exigencies of power impacted upon this conflict. This study is necessitated by the fact that the Anglican Church Province of Central Africa has been affected by an unprecedented conflict hinged on leadership wrangle and a crisis of legitimacy. This has resulted in the excommunication of Bishop Nolbert Kunonga who had deliberately withdrawn from the Anglican international communion to form the province of Zimbabwe. Key to this dispute was the allegation of gay marriages presumably blessed by the Church of the Province of Central Africa (CPCA) although it appears there were other multifarious factors behind the controversy. Given this background, this paper seeks to present a critical exploration of the cardinal factors at play within the context of the Episcopalian polity and try to link church governance and ecclesiology to the context of the Anglican conflict in Zimbabwe. It should be appreciated that, as the world is setting into the 21st Century and Globalisation becomes inescapable,

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[4]. Mbigi, L. 2013. PhD and MPhil Degree Research Methodology Guide. Johannesburg: Woburn Business School
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Abstract: Computer based information systems that exist in organizations gather and store voluminous data that is a useful resource in supporting management decision making. Enterprise Reporting, which is the focus of this study, provides a means by which these organizations can unify and sift the vast amounts of electronic data available so as to glean insights that are handy in management decision making. This paper aims at finding a solution to the current underutilization of the existing volumes of electronic data through enterprise reporting. The study specifically assessed the status and the challenges of enterprise reporting, and determined appropriate Key Performance Indicators that can be tracked, and how they can be tracked to enhance the use of enterprise reports. Data was collected through the use of interviews, and thematic analysis method was used to analyze the responses obtained. Purposive sampling method was used to get respondents, drawn from business and Information Technology functions of the organization. The study was informed by systems theory, whereby enterprise reporting was regarded a component of a computer based information system of a typical organization. The study anticipated that utilization of electronic data through enterprise reporting can be improved through systematic tracking of Key Performance Indicators related to the factors that negatively influence the use of enterprise reports.Whereas this study was confined to specific company in the soft drinks industry, the findings can be of relevance to a wider group of related organizations. The study has generated an in-depth understanding of the issues related to the use of enterprise reports and anticipated to make a contribution to the existing knowledge on Enterprise Reporting and Business Intelligence in general in various organizations. The findings of the research will therefore help shape policies relating to the use of enterprise reports to facilitate better decision making and consequently better realization of organizational goals.

Keywords: Business Intelligence, enterprise report, Report design, Report development, Report generation, Report distribution, Report review, Report revision

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[5]. BUSINESS DAILY AFRICA - the international window into East African business opportunities - Coca-Cola invests Sh3bn to expand production. Business Daily (2008). http://www.bdafrica.com/index.php?option=com_content&task=view&id=7529&Itemid=5822.16 September 2008

Abstract: The promotion and improvement in the facilities arrangement and economic productivity/performance of an organization are the sine qua non for its strength of character, resilience, competitive ability, flexibility and profit maximization. The extent to which this is achieved in a typical manufacturing plant is what the study has set out to measure. This paper which is an exercise in manufacturing management takes a cursory look into the synergy between the arrangement of industrial facilities within an industrial layout and economic productivity/performance. It is a performance appraisal/ evaluation of how the placement of materials, machine and men has aided production. The paper examines the role that the optimum placement of equipment, machine, materials, and man power plays at reduction in the cost of production/distribution and ensuring maximum productivity. The Nigerian Bottling Company (NBC) Coca Cola Ilorin has been chosen for the research being a typical manufacturing establishment which arrangement of industrial facilities ideally involves allocation of space and arrangement of equipments. Furthermore, it is one of the few multinationals with longevity in terms of life span in Nigeria having been incorporated since 1951. The methodology of the research is of both primary and secondary sources of data gathering.

Key Words: (1) Industrial Facilities Arrangement (2) Economic Productivity/Performance (3) Nigerian Bottling Company (Coca Cola) (4) Ilorin (5) Nigeria

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