Management in Chemistry
Lakshmi Prasad Padhy; Ipseeta Satpathy; B.C.M. Patnaik
Abstract
This study addressed the issue of lack of understanding of internal marketing orientation in Small Fiancé Banks of India. The purpose of the study was to explain the internal marketing orientation and its consequences in Small Finance Banks (SFBs). A purposive sampling technique was used to select ...
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This study addressed the issue of lack of understanding of internal marketing orientation in Small Fiancé Banks of India. The purpose of the study was to explain the internal marketing orientation and its consequences in Small Finance Banks (SFBs). A purposive sampling technique was used to select an SFB as single case for the study. The findings of the study confirmed that Internal Marketing Orientation (IMO) has positive bearing on Internal Aspects of Performance (IAP) in SFB and IMO has a positive influence on both External Aspects of Performance (EAP) and External Marketing Orientation (EMO).
Management in Chemistry
Sadhna Sudershana; Ipseeta Satpathy; B.C.M. Patnaik
Abstract
Employees’ engagement or employees’ commitment is the most sought-after skill in employees for yielding maximum productivity at the work front as well as being happy at the personal front. There are many factors that affect engagement levels such as work culture, job satisfaction, remuneration, ...
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Employees’ engagement or employees’ commitment is the most sought-after skill in employees for yielding maximum productivity at the work front as well as being happy at the personal front. There are many factors that affect engagement levels such as work culture, job satisfaction, remuneration, etc. However, 2020 brought another new factor, i.e. the impact of the Coronavirus pandemic on the lives of people around the globe. This lockdown introduced new modes of work in the form of remote working conditions. Accordingly, Covid19 has had a huge effect on the motivation levels of people and thereby impacted productivity. The objective of this study is to map the impact of this pandemic on the engagement levels of the employees in information technology companies. This research has adopted a descriptive survey method and has used both primary and secondary data to deduce results. The findings of this study can help organizations to adopt new methods to keep their employees committed towards their work during periods of crisis such as Cornona pandemic.
Management in Chemistry
Kumari Akriti; Ipseeta Satpathy; B.C.M. Patnaik
Abstract
Covid-19 has had adverse impact on various sectors of the economy. India’s Corona epidemic started spreading at the fastest pace across the world, becoming the 3rd highest country with infected corona patients. If no further vaccines or measures are in place, it will be very difficult to stabilize ...
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Covid-19 has had adverse impact on various sectors of the economy. India’s Corona epidemic started spreading at the fastest pace across the world, becoming the 3rd highest country with infected corona patients. If no further vaccines or measures are in place, it will be very difficult to stabilize the situation. The government is trying to manage the various challenges that are coming in their way through various economic packages and providing extra funds for healthcare sector. During the lockdown the informal sector suffered the maximum due to the job losses and food insecurity. The livelihood sector which includes agricultural, fishing, poultry, self-help groups and migrant workers are major sufferers in India. Unemployment level in India reached all-time high reaching 23.5 % in April after imposing nationwide lockdown to curb the spread of pandemic.
Management in Chemistry
Samrudha Nayak; B.C.M. Patnaik; Ipseeta Satpathy
Abstract
We analyzed the effect of combining with IFRS on the stock market performance of selected jewelry organizations recorded in S&P BSE 100. The period of seven years from 2013 to 2019 was chosen and Ordinary Least Square (OLS) regression model was utilized for the examination. The results revealed that ...
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We analyzed the effect of combining with IFRS on the stock market performance of selected jewelry organizations recorded in S&P BSE 100. The period of seven years from 2013 to 2019 was chosen and Ordinary Least Square (OLS) regression model was utilized for the examination. The results revealed that the worth of financial statements was high on converging with IFRS. The effect of budget (financial) report factors on the Indian Stock Market was proved to be evident regarding PAT. Be that as it may, all financial variables showed a huge relationship with securities exchange market indicators.
Management in Chemistry
Deepti Mishra; Ipseeta Satpathy; B.Chandra Mohan Patnaik; Atmika Patnaik
Abstract
Organizational Citizenship Behavior (OCB) rate plays an important role in overall performance of female employees who work in IT companies. In this study, we tried to find out the factors which influence OCB rate of female employees as well as the impact of OCB on their behavior. In IT companies, OCB ...
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Organizational Citizenship Behavior (OCB) rate plays an important role in overall performance of female employees who work in IT companies. In this study, we tried to find out the factors which influence OCB rate of female employees as well as the impact of OCB on their behavior. In IT companies, OCB is found higher in female employees than in male. Ethical leadership, organizational justice and organizational support influence employees’ OCB rate. It was also found that female employees having high level of OCB showed better performance, high level of organizational commitment, loyalty, higher jib satisfaction, improved their work efficiency, and less absenteeism. So, OCB has a major impact on organizational effectiveness.
Management in Chemistry
Biswa Bhusan; Ashok Kumar Sar
Abstract
The strategic model of business is interlinked with the development of organizational productivity. In this context, organizational strategic human resource management (SHRM) practices regarding employee engagement and firm performance have helped to secure a competitive position in the market. Apart ...
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The strategic model of business is interlinked with the development of organizational productivity. In this context, organizational strategic human resource management (SHRM) practices regarding employee engagement and firm performance have helped to secure a competitive position in the market. Apart from this, a wide range of activities and resource-based views by SHRM has been accomplished to expand professional opportunities for the workforce. Development of the workforce has helped to increase organizational production as well as brand image in the market. Besides, proper implementation of SHRM practices has played a role in developing a healthy work environment for the employees. It is also useful for introducing a positive impact on the market due to appropriate concern on employee activities. This research has discussed the role of SHRM in business strategy with the aid of some evidence based on instances from Indian retail industry.
Management in Chemistry
Arundhati Roy; B.C.M Patnaik; Ipseeta Satpathy
Abstract
The Finance Commission of India stated that FY 2020-21 was full of uncertainties and the pandemic led to the creation of an uncertain economic environment of the SME sector in India. However, the implications of COVID-19 have been relatively more devastating for small and medium-sized business enterprises ...
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The Finance Commission of India stated that FY 2020-21 was full of uncertainties and the pandemic led to the creation of an uncertain economic environment of the SME sector in India. However, the implications of COVID-19 have been relatively more devastating for small and medium-sized business enterprises in India. The literature review based on the analysis of the secondary journals showed that the filing of GST returns led to a constraint of working capital faced by business owners of SMEs. Moreover, it was also inferred that the denial of credit on input taxes on GST resulted in a further deterioration of business for SMEs, which were a part of the food sector. However, results from secondary research signified that the financial situation of rural SMEs has become volatile due to job losses, weak financial quarterly income, salary cuts and lower volume of sales. A majority of 61% of business owners of SMEs in India decided to lower their respective scale of business operations during the pandemic. The feasible recommendation will be to exempt the business owners from paying penalties. Also, GST charges would be levied after the deduction of ITC charges. It can be concluded that the optimal way for managing the way entrepreneurs of SMEs manage business operations is to file GST returns in a quarterly manner, rather than per month. Besides, additional recommendations such as computing ITC and GST charges via the auto-generated system and re-setting the rate of interest subvention were proposed by the researcher.
Management in Chemistry
Biswa Bhusan; Ashok Kumar Sar
Abstract
Workplace flexibility is considered as an important factor in organizational behaviour in terms of maintaining employees’ productivity as well as organizational performance. This research has discussed the role of flexible working patterns in terms of improving employees’ engagement and commitment ...
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Workplace flexibility is considered as an important factor in organizational behaviour in terms of maintaining employees’ productivity as well as organizational performance. This research has discussed the role of flexible working patterns in terms of improving employees’ engagement and commitment towards organizations. It depicts the relationship between employees’ engagement and organizational production improvement. Also, workplace flexibility is important for improving organizational performance by enhancing job satisfaction among the workers. However, the sedentary behaviour and undisciplined nature by employees have created barriers for the use of workplace flexibility. On the other hand, excessive work pressure by employers during flexible working arrangements has negatively influenced the performance of employees. Apart from this, the thematic description of the research has revealed the role of workplace flexibility in improving work-life balance regarding employees. Moreover, the narrative and relevant description have helped to highlight the role of workplace flexibility in enhancing employees' performance as a part of organizational improvement.
Management in Chemistry
Arundhati Roy; B.C.M Patnaik; Ipseeta Satpathy
Abstract
The study highlighted that a higher number of MSMEs comprising manufacturing and retail firms have shut down their businesses temporarily during the nationwide lockdown. We analysed literature related to the topic addressed by this study. It was found that the relief package was not sufficient to compensate ...
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The study highlighted that a higher number of MSMEs comprising manufacturing and retail firms have shut down their businesses temporarily during the nationwide lockdown. We analysed literature related to the topic addressed by this study. It was found that the relief package was not sufficient to compensate for the losses faced by business entrepreneurs of MSMEs in India. Furthermore, many people migrated from rural regions to urban regions in search of better job opportunities, which worsened the situation. In this research, a secondary qualitative analysis has been applied. With the aid of a narrative thematic description based on the role of the relief fund and nationwide lockdown pandemic situation, we probed into the disruptive situation of the Indian MSME sector. Additionally, the preparation of keywords was realized through a Boolean table and an illustration of PRISMA helped to define the search strategy for this research. Other perceptions of the research method were also discussed. The results showed that manufacturers of both non-essential goods as well as essential goods suffered loss close to 50% during the pandemic. Furthermore, small businesses in India experienced a drastic contraction in business due to a negative growth rate of net sales. It was discussed that the strategy of providing facilities of credit would enable business entrepreneurs to adopt the latest technology such as e-commerce. Probable recommendations included disbursement of credit guarantee schemes, provision of subsidies and extension of tenure of repayment of loans.
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