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Impact of Auto-regressive (AR) Process in Bullwhip Analysis in a Multi-location Supply Chain Network 多地点供应链网络牛鞭分析中自回归过程的影响
Pub Date : 2019-06-30 DOI: 10.48001/jbmis.2019.0601002
Prabhat Mittal
The present study is an attempt to quantify the Bullwhip Effect (BWE) -the phenomenon in which information on demand is distorted in moving up a supply chain. Assuming that the retailer employs an order-up-to level policy with auto-regressive process (AR), the paper investigates the influence of forecasting methods on bullwhip effect. Determining the order-up-to levels and the orders for the retailers’ demands in an isolated manner neglects the correlation of the demands and the relevant risk pooling effects associated with the network structure of the supply chains are disregarded. It is illustrated that the bullwhip effects are significantly reduced with consideration of potential correlation between the retailers’ demand.
目前的研究试图量化牛鞭效应(BWE)——在供应链向上移动过程中,需求信息被扭曲的现象。假设零售商采用具有自回归过程(AR)的自上而下订货策略,研究了预测方法对牛鞭效应的影响。孤立地确定订货水平和零售商需求的订单忽略了需求之间的相关性,忽略了与供应链网络结构相关的风险分担效应。研究表明,考虑到零售商需求之间的潜在相关性,牛鞭效应显著降低。
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引用次数: 23
Impact of Macro Economic Indicators affecting Indian Stock Markets: Evidence from Pre- and Post-Crisis 宏观经济指标对印度股市的影响:来自危机前后的证据
Pub Date : 2019-06-30 DOI: 10.48001/jbmis.2019.0601001
S. Kaur
Volatility is quite evident in stock market fluctuations and often economic factors results in share prices movements. However, there are some fundamental elements, which have a strong impact over the fluctuations of the stock market by and large. This study empirically tested the interconnection between macro-economic factors and Indian stock market. By applying multivariate regression analysis, the effect of macro-economic factors on Indian stock market is tested. The explanatory variables are Wholesale Price Index (WPI), Index of Industrial Production (IIP), Money Supply (M3), Consumer Price Index (CPI), Exchange Rate (ER), Call Money Rate (CMR), Gold Price (GP), Foreign Institutional Investment (FII) and Trade Balance (TB) while explained factors are average monthly closing prices of BSE Sensex and S&P Nifty. Further, for testing the interconnection between macro-economic factors and Indian stock market Pearson's correlation, Factor Analysis and Multiple Regression test have been applied. Three variables namely Economy Rates, Macro Environment and Foreign Investment are obtained by using Principal Component Technique (varimax pivot). It shows that all elements play critical role in affecting the stock market.
波动性在股票市场波动中是相当明显的,经济因素往往会导致股价波动。然而,有一些基本因素,它们对股市的波动有很大的影响。本研究实证检验了宏观经济因素与印度股市之间的关联性。运用多元回归分析方法,检验宏观经济因素对印度股市的影响。解释变量为批发价格指数(WPI)、工业生产指数(IIP)、货币供应量(M3)、消费者价格指数(CPI)、汇率(ER)、隔夜拆借利率(CMR)、黄金价格(GP)、外国机构投资(FII)和贸易余额(TB),解释因素为BSE Sensex指数和标普Nifty指数的月平均收盘价。进一步,为了检验宏观经济因素与印度股市之间的相关性,我们采用了因子分析和多元回归检验。利用主成分法(方差枢轴)得到了经济增长率、宏观环境和外商投资三个变量。由此可见,各因素对股票市场的影响是至关重要的。
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引用次数: 1
A Study of Marketing Strategies of Pharmaceutical Industry in India 印度制药业营销策略研究
Pub Date : 2019-06-30 DOI: 10.48001/jbmis.2019.0601003
Tahzeebul Hasan Siddiqui, R. K. Yadav
Indian pharmaceutical industry is growing with leaps and bound. The growth in Indian pharmaceutical companies is not only in terms of market capitalization but its affordability and availability is also appreciable. Modern day’s pharmaceutical businesses are very complex. Earlier the businesses were using easy marketing tactics to meet the needs of market. Medical products could easily build their brand status. Building brand trust, attracting purchase, creating brand affect and brand loyalty was easier. Marketing and branding revolve around media, message repetitions, recall value and creativity.  In present study the Indian pharmaceuticals companies’ branding techniques have been studied. It is never possible to observe the impact in general and about all the branding techniques used by companies. The study is based on a survey of 500 respondents. We have taken four hypotheses related to the issue. For the testing of hypothesis correlation (r) and multiple correlation coefficient(R) is calculated. Further we have mentioned the other findings that we came across while study that can contribute to the marketing of pharmaceutical products.
印度制药业正在突飞猛进地发展。印度制药公司的增长不仅体现在市值方面,而且体现在可负担性和可用性方面。现代制药行业非常复杂。早些时候,企业使用简单的营销策略来满足市场的需求。医疗产品可以很容易地建立自己的品牌地位。建立品牌信任,吸引购买,创造品牌影响和品牌忠诚度更容易。营销和品牌围绕着媒体、信息重复、回忆价值和创造力。本研究对印度制药公司的品牌化技术进行了研究。我们永远不可能观察到总体上的影响,也不可能观察到公司使用的所有品牌技术。这项研究基于对500名受访者的调查。我们对这个问题采取了四种假设。对于假设检验,计算相关系数(r)和多元相关系数(r)。此外,我们还提到了我们在研究中遇到的其他发现,这些发现有助于药品的营销。
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引用次数: 8
Has Physical Retail Lost its Relevance in E-Commerce World? 实体零售在电子商务世界失去了相关性吗?
Pub Date : 2018-12-31 DOI: 10.48001/JBMIS.2018.0502001
Vasudev Garg, A. Kaur
The growth of online shopping has increased the popularity of e-commerce and consumers are taking benefits of buying goods and services at any time the 24/7 and 365 days. But despite the technology advancements and upside turn in digital and web capabilities the consumers still want sense of touch offered by physical stores. The ability to feel, touch and immediate availability to take the products of their requirement to home lets the consumers to shop in physical stores versus online. This article is an attempt to identify consumer behaviour towards online vs. physical retail shopping and suggest the right strategy for physical store owners.
网上购物的增长增加了电子商务的普及,消费者正在享受24/7和365天随时购买商品和服务的好处。但是,尽管技术进步了,数字和网络功能也出现了好转,消费者仍然想要实体店提供的触感。感觉、触摸的能力,以及将自己需要的产品立即带回家的能力,让消费者可以在实体店而不是网上购物。这篇文章试图识别消费者对在线和实体零售购物的行为,并为实体店老板提出正确的策略。
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引用次数: 9
Influence Perception Differences about Children's Influence in Family Buying Decisions- an Exploratory Study 儿童影响家庭购买决策的影响知觉差异——一项探索性研究
Pub Date : 2018-12-31 DOI: 10.48001/jbmis.2018.0502002
Harikishni Harikishni
This study has been undertaken (i) to examine the extent of disagreements in the perceptions of children and their mothers about the influence exerted by children in family buying decisions; (ii) to evaluate the impact of child’s gender on the agreement in the perceptions of children and their mothers about the influence exerted by children in family buying decisions. A cross-sectional survey method was carried out with “structured non-disguised” questionnaires to collect the primary data from 400 families residing in rural and urban areas of Delhi, capital of India. Children’s influence across stages of decision making process was measured by using an eleven-item scale developed by Talpade and Talpade (1995). The primary data are analyzed and interpreted with the help of statistical tools such as means, standard deviation, and paired t-test by using SPSS (version 16). Descriptive analysis has also been used to support the results of statistical analysis. The analysis results indicate that disagreements exists in the perceptions of children and their mothers about the influence exerted by children in Indian family buying decisions irrespective of child’s gender. The analysis results, thus, supported all the hypotheses exceptH3 (a/b).
本研究进行的目的是:(i)检查儿童及其母亲对儿童在家庭购买决策中施加的影响的看法的分歧程度;(二)评估儿童性别对儿童及其母亲对儿童对家庭购买决策的影响的看法是否一致的影响。采用横断面调查的方法,对居住在印度首都德里农村和城市地区的400户家庭进行了“结构化非伪装”问卷调查,收集了原始数据。使用Talpade和Talpade(1995)开发的11项量表来测量儿童在决策过程各阶段的影响。使用SPSS (version 16)对原始数据进行分析和解释,使用统计工具,如均值,标准差和配对t检验。描述性分析也被用来支持统计分析的结果。分析结果表明,无论孩子的性别如何,孩子和他们的母亲对孩子在印度家庭购买决策中的影响的看法存在分歧。因此,分析结果支持除th3 (a/b)外的所有假设。
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引用次数: 0
Factors Affecting Retirement Planning Behavior of Working Individuals: A Case Study In Lucknow 影响在职个人退休计划行为的因素:以勒克瑙市为例
Pub Date : 2018-06-30 DOI: 10.48001/jbmis.2018.0501004
A. Parashar
Youth is wasted on the young. Often money is, too.” Thus, individuals forgo their future for nourishment of present. Consequently, individuals after retirement found themselves stuck in a situation where they had to rely on others for earning themselves a living. This forecast makes investing in retirement benefit plan, essential. Despite of various benefits of financial independence in retirement, the population at Lucknow does not sufficiently engage with retirement planning due to lack of financial literacy. The purpose of this study is to identify factors influencing retirement planning behavior among the working individual in Lucknow. Out of 360 questionnaires issued, only 304 were used for the study. This cross-sectional study was undertaken. The finding of this study explore the factor affecting retirement planning behaviour such as financial planning after retirement, income, attitude, culture, financial literacy and goal clarity will provide the strategies for governments, employers, financial advisers and those planning for retirement to implement it to make it simpler leads to financial independence
青春是浪费在年轻人身上的。通常钱也是如此。”因此,个人为了现在的营养而放弃了他们的未来。因此,退休后的个人发现自己陷入了一种不得不依靠别人谋生的境地。这一预测使得投资退休福利计划变得至关重要。尽管退休后财务独立有各种好处,但由于缺乏财务知识,勒克瑙的人口没有充分参与退休计划。本研究的目的在于找出勒克瑙市在职个人退休计划行为的影响因素。在360份问卷中,只有304份被用于研究。进行了横断面研究。本研究的发现探讨了影响退休计划行为的因素,如退休后的财务规划、收入、态度、文化、财务素养和目标清晰度,将为政府、雇主、财务顾问和那些计划退休的人提供实施策略,使其更容易导致财务独立
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引用次数: 2
Financial Inclusion in India – Major Issues 印度的金融包容性——主要问题
Pub Date : 2018-06-30 DOI: 10.48001/jbmis.2018.0501003
Safdar Azimee, J. Akhter
The aim of financial inclusion is to empower the marginalized and underprivileged sections of the society in economic and social sense so that they contribute to the national agenda. Though a lot of focus has been given on this and many policies has been formulated and implemented, the results from these drives are not as per the expectation. The study delves into issue which ails the policies or the stakeholders who are at the fore front of implementation for the FI drives. Use of appropriate technology and financial viable business models are extremely necessary for the suitability of the financial inclusion programs. A relook is required at the present regulatory framework which can work cohesively with the issuers and consumers of such schemes. A combination of viable business strategies targeted towards the population at the bottom of the pyramid, taking care of transaction cost by leveraging technology and appropriate regulatory environment would ensure much needed success of financial inclusion and help the country achieve inclusive growth.
普惠金融的目标是在经济和社会意义上赋予社会边缘化和弱势群体权力,使他们为国家议程做出贡献。虽然对此给予了很大的关注,也制定和实施了许多政策,但这些行动的效果并不像预期的那样。该研究深入探讨了困扰政策或利益相关者的问题,这些利益相关者处于FI驱动实施的前沿。使用适当的技术和财务上可行的商业模式对于普惠金融计划的适用性是极其必要的。需要重新审视目前的监管框架,以便与此类计划的发行人和消费者紧密合作。结合针对金字塔底层人口的可行商业战略,利用技术来处理交易成本,以及适当的监管环境,将确保金融包容性的成功,并帮助该国实现包容性增长。
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引用次数: 2
Influence of Pharmacist on Consumer’s Buying of Pharmaceutical Product with Specific Preference to Gujarat and Maharashtra 药师对古吉拉特邦和马哈拉施特拉邦消费者购买药品的影响
Pub Date : 2018-06-30 DOI: 10.48001/jbmis.2018.0501002
M. Dube
To cope up with the competition among the existing pharmaceutical industries and new entrance, there is always a challenge for the pharmaceutical industries to innovate for new marketing strategies which would help the industries to survive in the competitive market. This paper provides perceptions of the consumer regarding the purchase of the pharmaceutical products. Consumer data are collected from two major states of India, Gujarat and Maharashtra and 516 respondent’s data were collected who provided their responses to the questionnaire designed for this study. The data collected are of the consumer’s preception or action steps over the possible scenarios while there is unavailability of the drug or the prescribed drug is costly. Descriptive statistics were used to analyse data from both groups to compare perceptions of the consumers. The objective was to evaluate the perspective of consumers. Results from analysis shows that there is positive impact of the Pharmacist on the purchasing decision of the consumers.
为了应对现有医药行业和新进入者之间的竞争,医药行业一直面临着创新营销策略的挑战,这将有助于行业在竞争激烈的市场中生存。本文提供了消费者对购买药品的看法。消费者数据收集从印度的两个主要国家,古吉拉特邦和马哈拉施特拉邦和516名受访者的数据收集谁提供了他们的回答,为本研究设计的问卷。所收集的数据是消费者在无法获得药物或处方药物昂贵时对可能出现的情况的看法或行动步骤。描述性统计用于分析两组的数据,以比较消费者的看法。目的是评估消费者的观点。分析结果表明,药师对消费者的购买决策有积极的影响。
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引用次数: 0
Risk and Return Analysis of Stocks with Special Reference to Automobile Sector 股票的风险与收益分析——以汽车行业为例
Pub Date : 2018-06-30 DOI: 10.48001/jbmis.2018.0501005
V. Bansal
An important source of funds for companies is the stock market and it is a medium of earning returns for investors while giving them liquidity. An investor therefore, before purchasing or selling any security (in our case- equity shares) needs to make an analysis of the Risk and Returns associated with the security. It is only by the buying and selling of these securities than enables economic growth of a country. The present study aims to analyze the risk and returns of companies listed on National Stock Exchange of India in the automobile sector. The study recommends for suitable investment in the priority stocks in the sector
公司资金的一个重要来源是股票市场,它是为投资者赚取回报的媒介,同时给予他们流动性。因此,在购买或出售任何证券(在我们的例子中是股票)之前,投资者需要对与该证券相关的风险和回报进行分析。只有通过买卖这些证券,才能使一个国家的经济增长。本研究旨在分析在印度国家证券交易所上市的汽车行业公司的风险和收益。研究建议对该行业的优先股进行适当的投资
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引用次数: 3
Measurement and Structural Assessment of Circular Economy Model 循环经济模型的测度与结构评价
Pub Date : 1900-01-01 DOI: 10.48001/jbmis.2022.0901005
A. Goel, Ashutosh Kumar Singh
Circular Economy model of sustainable development is the self- referring mechanism which aims at extending the life of resources. The circular economy mechanism is gaining popularity across the globe and organisations have started measuring their circularity. The present study aims to develop a Comprehensive framework (CFA) for CE and assess the measurement and structural model of the CE Framework. For the purpose of the study a questionnaire was developed based on the seven pointer Likert scale and distributed across Nifty 100 Organisations. The model was measured and assessed using Smart PLS Software on the basis of 180 responses received. The CFA(Comprehensive Framework Analysis)model for CE is an integrated tool for conducting empirical investigations across organisations and countries to measure the extent of CE environment and develop a ranking framework for its implementation
可持续发展的循环经济模式是一种以延长资源寿命为目标的自我参照机制。循环经济机制在全球范围内越来越受欢迎,组织已经开始衡量他们的循环度。本研究的目的是开发一个综合框架(CFA)的企业绩效评估框架的测量和结构模型。为了研究的目的,根据七点李克特量表开发了一份调查问卷,并在Nifty 100组织中分发。根据收到的180份回复,使用Smart PLS软件对模型进行测量和评估。CE的综合框架分析(CFA)模型是一种综合工具,用于在组织和国家之间进行实证调查,以衡量CE环境的程度,并为其实施制定排名框架
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引用次数: 0
期刊
Journal of Business Management and Information Systems
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