...Radio Cabs Market ‐ Radio Cabs Market India June 2012 Executive Summary Market Radio cab market is slated top grow at a rate of z1% per annum Business model can be differentiated into ‐ different fleet – z2 and z3 g p g g Revenues garnered for this particular sector occurs through 2 significant heads such as z4 and z5 Drivers Drivers & Challenges – Increase in disposable income and p p g transportation spending – Influx of tourists – Demand from corporate sector – Change in mindset Hard and soft skills’ training for cab drivers Increasing entertainment options inside radio cabs Radio cabs with Wi‐Fi service Challenges – High fares – TRAI regulation on SMS cap – Unavailability of parking space Trends Collaborations with other service providers marking the sector PE investments in the sector Technological advancements in radio cabs Exclusive radio cabs for women Exclusive radio cabs for women Major Players Competition Company 1 Company 4 Company 2 Company 5 Company 3 Company 6 RADIO CAB MARKET IN INDIA 2012.PPT 2 •Introduction •Market Overview M k tO i •Business Model •Revenue Model •Revenue Model •Drivers & Challenges •Government Participation •Government Participation •Trends •Competition •Strategic Recommendations Appendix •Appendix RADIO CAB MARKET IN INDIA 2012.PPT 3 Ease of booking and quality customer service work towards shaping growth for radio cabs in the country SAMPLE Radio Cab Market –...
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...rP os t op yo IMB 507 TAXIFORSURE: TECHNICAL INNOVATION IN THE RADIO CAB INDUSTRY Do No tC ANSHUMAN TRIPATHY, PIYUSH TARIYAL AND VYOM CHARAYA Professor Anshuman Tripathy and PGP students Piyush Tariyal and Vyom Charaya prepared this case for class discussion. This case is not intended to serve as an endorsement, source of primary data, or to show effective or inefficient handling of decision or business processes. Copyright © 2015 by the Indian Institute of Management Bangalore. No part of the publication may be reproduced or transmitted in any form or by any means – electronic, mechanical, photocopying, recording, or otherwise (including internet) – without the permission of Indian Institute of Management Bangalore. This document is authorized for educator review use only by Ranjan Das, HE OTHER until July 2015. Copying or posting is an infringement of copyright. Permissions@hbsp.harvard.edu or 617.783.7860 rP os t TaxiForSure: Technical Innovation in the Radio Cab Industry Our biggest strength is our unique algorithm which combines all taxi operators within one platform. We believe it helps us in being a more efficient player and provide better service than the other radio cab operators in the industry. —Aprameya Radhakrishna, Co-founder TaxiForSure tC op yo The day had begun on a good note for the founding team members of TaxiForSure as they sat analyzing the latest figures emerging out of Delhi, the city in which they had expanded most recently. Growth had been...
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...Market Structure of Radio Taxi/Cab Industry The radio taxi/cab industry forms a part of the service industry. When GPS-linked, electronically-metered cabs were introduced in 2006, they came as a welcome reprieve in a country of 1.3 billion people of whom only 2 percent own cars. This makes the industry very attractive as it virtually means a market with unlimited demand that is only constrained by the supply side. The Indian taxi market is estimated at $6-$9 billion and witnessing an industry growth of about 17 – 20 per cent per annum. At this rate, the market is projected at a whopping $25 billion by 2025. The major players of the industry are Meru Cabs, Mega Cabs, Easy Cabs, and Ola Cabs with smaller players such as Carzonrent, Yo Cabs, Quick Cabs, Savaari Cabs, Taxiforsure and new entrants such as Uber. The organized taxi segment is only 5 percent of the market, compared with 70-80 percent in developed countries. Meru Cabs, Easy Cabs and Mega Cabs together comprise of approximately 70% of the market share. According to a recent study, the radio cab market comprises of 15000 + cabs with three large multicity operators (Meru Cabs, Mega Cabs and Easy Cabs). Meru Cabs is currently the largest radio cab operator in the country with a market share of approximately 50% and a fleet of 7000 + cabs, followed by Mega cabs with 2800 cabs and Easy Cabs with 3000 radio taxis. The radio taxi market in India can be viewed as an example of oligopoly competition. This refers to a market...
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...sell his number one beer to the prohibition crowd. The Cotton Club was a “Whites-only” foundation. Even in the heart of Harlem, the race line divided the black performers from the white patrons. Inside the Cotton Club, African themes were exploited and only "jungle music" was played to an all white audience. Duke Ellington put together one of the most talented jazz bands ever to walk on stage to play for the patrons of The Cotton Club six nights a week. As the twenties went on, Ellington would continue his huge success at The Cotton Club into many classic recordings, cementing Duke Ellington to go down in history as one of the great jazz musicians and entertainers ever. In 1931, Ellington left his thrown at the cotton club to the bandleader Cab Calloway. Although Calloway wasn't as talented he did have a distinct style called scat singing. Scat Singing is singing in which the singer substitutes improvised nonsense syllables for the words of a song. Which...
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...Entertainment~ 1940s movies NOW ARE VERY dramatic and nice to watch with the family. Bert Lahr from the movie “the wizard of oz” played the lion without courage. I found that funny because lions are courageous, brave, and strong. Billie burke, also a wizard of oz character, played the good witch of the north. She helped Dorothy get to the wizard so she can get back to her home in Kansas. Judy garland, the character of Dorothy, was a young girl who cared much about her dog toto. Once when a twister hit they got stuck into the wonderful and awkward world of oz. 1940s music now is so soothing and very enjoyable. Louis Armstrong was a jazz musician who played jazz music on his trumpet. He was well known for his distinctive singing voice. Cab calloway was a jazz scatter of the 1940s. he was referred to as the “hi de ho” guy of the 1940s. dizzy Gillespie was known for his puffy cheeks. But he was in the music business as a jazz trumpeter or trumpet player. ~1940s fashion~ 1940s fashion now Is so Fashionable And In Style. We Have all you can think of hats that will suit your taste, coats that will blow you away, and shoes that will blow your mind. Our fashion coats are made of what you can think of wool, fox fur, leather, etc. now our hats are so comfortable and relaxing to you heads, you will enjoy them some much that you will forget you were even wearing them. Finally, the important things are the shoes. These shoes are so beautiful, sassy, and comfortable. These shoes...
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...The Blues Brothers Hero Cycle In The movie "The Blues Brothers" (1980), the main character Joliet Jake Blues travels the hero's journey along with his brother Elwood, to save the orphanage in which they grew up. They face many obstacles along this journey and receive help from many different sources. The call for the journey comes after Joliet Jake's release from prison, he had vowed to visit the mother nun at the orphanage they were raised in, and was now forced to go by his brother. Once they arrive they are soon greeted by their friend and mentor Cab Calloway an old friendly janitor from the orphanage who tells them that the bank wants to foreclose on the land. Although it is never stated it is inferred that the mother at the orphanage scared Jake with the concept of evil, and wanted to go on this journey in order to cleanse himself of this evil. This is a transformative crisis because Jake has never before been a religious man, he has never before worried about the after life. It is a sudden irrational fear which derives from the lecture which the nun gave them upon their return to the orphanage. The Threshold is overcome when the blues brothers visit the church of Reverend Cleophus James who inspires Jake and Elwood to reunite their former band, The Blues Brothers, in order to earn enough money to save the orphanage. Jake is touched by the reverends sermon he is scared into action by the idea of eternal damnation. He has an epiphany during the church's gospel...
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...A.P. English September 6, 2015 Diction Practice In the passage written by Henry James he expresses feelings of entertainment and superiority over the funeral service. During the ceremony the author looks at the people of the undesirable class, honoring Mr. George Odger. Although, the observer sees the “serious comedy” and watches it play out from the “hansom cab”, similar to a “box at a play”. The author views the service as humorous and doesn’t take it as tragic. To the funeral attendees on the other hand, find it an “honorable burial” of a great man, and throughout the passage the narrator refers repetitively that the people are of unrefined class. The author’s diction conveys multiple attitudes towards the, “grotesque …collection… of English types”, that he saw. He sees the “spectacle” that he would’ve been “sorry to miss” of a large crowd at the funeral, and views it as though it were a funny movie or joke. Then the narrator says the day was one of the most “magnificent” of the year. As he says this, you sort of get the feeling that he is happy to see the event of the funeral take place. The people he saw were the lower working class and a great majority was made up of the “dregs of the population”. This shows that the author views himself as though he were a king observing peasants. Then the author views the scene of “rabble” that “scrambled” into their place on their journey...
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...------------------------------------------------- https://www.fresherslive.com/current-affairs ------------------------------------------------- Sectors[edit] Percent labor employment in India by its economic sectors (2010).[110] The GDP contribution of various sectors of Indian economy have evolved between 1951 to 2013, as its economy has diversified and developed. Historically, India has classified and tracked its economy and GDP as three sectors — agriculture, industry and services. Agriculture includes crops, horticulture, milk and animal husbandry, aquaculture, fishing, sericulture, aviculture, forestry and related activities. Industry includes various manufacturing sub-sectors. India's definition of services sector includes its construction, retail, software, IT, communications, hospitality, infrastructure operations, education, health care, banking and insurance, and many other economic activities.[111][112] Agriculture[edit] Rice fields near Puri, Odisha on East Coast Main articles: Agriculture in India, Forestry in India, Animal husbandry in India, Fishing in India and Natural resources in India India ranks second worldwide in farm output. Agriculture and allied sectors like forestry, logging and fishing accounted for 17% of the GDP and employed 49% of the total workforce in 2014.[113] As the Indian economy has diversified and grown, agriculture's contribution to GDP has steadily declined from 1951 to 2011, yet it is still the largest employment source...
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...Analysis of Changing Roles of Bangladesh Bank: Industrialization perspective 1. Introduction The vision of the Bangladesh Bank is to develop continually as a forward looking central bank with competent and committed professionals of high ethical standards, conduct monetary management and financial sector supervision to maintain price stability and financial system robustness, support rapid broad based inclusive economic growth, employment generation and poverty eradication in Bangladesh. The mission is to formulate monetary and credit policies, manage currency issue and regulate payment system, manage foreign exchange reserves and regulate the foreign exchange market, regulate and supervise banks and financial institutions and advise the government on interactions and impacts of fiscal, monetary and other economic policies. Bangladesh Bank maintains an interest rate structure that provides fair return on financial assets, supports growth in the real sector and promotes development of markets in bond and securities. The central bank provides precise prudential regulatory, risk management and disclosure framework to protect solvency and liquidity of individual institutions and stability of the overall financial system, acting as lender of last resort if and when needed. The central bank maintains liquidity conditions and credit policies ensuring adequate credit flows at market driven flexible interest rates for all productive economic activities,...
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...Faculty Research Working Papers Series Industrial Policy for the Twenty-First Century Dani Rodrik November 2004 RWP04-047 The views expressed in the KSG Faculty Research Working Paper Series are those of the author(s) and do not necessarily reflect those of the John F. Kennedy School of Government or Harvard University. Copyright belongs to the author(s). Papers may be downloaded for personal use only. INDUSTRIAL POLICY FOR THE TWENTY-FIRST CENTURY* Dani Rodrik Harvard University John F. Kennedy School of Government 79 Kennedy Street Cambridge, MA 02138 (617) 495-9454 Fax: (617) 496-5747 E-mail: dani_rodrik@harvard.edu http://www.ksg.harvard.edu/rodrik/ This version September 2004 * This paper has been prepared for UNIDO. I am grateful to Francisco Sercovich for his guidance. I am also grateful to Robert Lawrence, Lant Pritchett, Andres Rodriguez-Clare, Andres Velasco, and especially Ricardo Hausmann and Roberto Unger for conversations over the last few years that led to the development of these ideas. None of these individuals should be held responsible for the views expressed here. I also thank Magali Junowicz for expert research assistance. I. Introduction Once upon a time, economists believed the developing world was full of market failures, and the only way in which poor countries could escape from their poverty traps was through forceful government interventions. Then there came a time when economists started to believe government failure was by far the...
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...As we can see, on the calculations; the company has chosen labour hours for the allocation base. But when we do the calculations with the machine hours with the allocation base, we face with a huge difference and moreover see a lower total cost, which make high the profit. Making profit higher will be a good thing, so the company should choose the machine hours for their allocation base and calculations. In addition; because of the technology improvement and automation; machinery will be more usable and effective. Moreover, because the machines will be heterogenous, we will then need different number of labor for each. Some of them is highly-automated whereas some of them is low-automated. So, again we understand that machine hours will be a better allocation base then labour hours. Labour hours Machine hours Standard products (high volume) 2500 3500 Specialised products (low volume) 1500 3000 Total 4000 6500 Difference Budgeted labour rate 42,5 279500/6500=43 -0,5 Budgeted overhead burden 149,825 599300/6500=92,2 57,625 Total Cost 192,325 135,2 57,125 2) As known, the most commonly used allocation base in traditional costing is direct labor hours. We can also see this in the case. But at this point, we may face with some problems such that in this process overhead is increasing while direct labor is decreasing. There is an 1800$ increase whereas 46% increase in the overheads dramatically. Moreover, we see a variance and complexity in the production process...
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...TermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory Join Search Browse Saved Papers Home Page » Business and Management Steel Industries of Bangladesh In: Business and Management Steel Industries of Bangladesh STEEL INDUSTRIES OF BANGLADESH REPORT ON FOCUS The report “Bangladesh on its way of becoming self sufficient in rod production, export is also a possibility” by Shuvankar karmakar, that was analyzed here, was published in the Daily Prothom Alo, on 17th November, 2012. BACKGROUND Bangladesh Steel industry is emerging as one of the major industrial sectors of the country. It consists of small up to the largest scale of steel melting and re-rolling factories across the country that mostly produce deformed bar rod of different grade (40, 60, 500), angel, channel and coil for the construction industry. Though the history of Steel Industry is not older one but it can make a glorious future. Before 1971 Bangladesh did not have any steel mill and even after the liberation there were only a few steel factories in the country. In 1990s the actual development began in this sector through a revolution. During that period the building constructing agencies or developer companies came forward to build modern infrastructure. Then with the increasing demand, new investors started investing in steel or rod production. In 2012 we have almost 400 mills across the country including Dhaka, Chittagong...
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...Factor conditions are human resources, physical resources, knowledge resources, capital resources and infrastructure. Specialized resources are often specific for an industry and important for its competitiveness. Specific resources can be created to compensate for factor disadvantages. Demand conditions in the home market can help companies create a competitive advantage, when sophisticated home market buyers pressure firms to innovate faster and to create more advanced products than those of competitors. Related and supporting industries can produce inputs which are important for innovation and internationalization. These industries provide cost-effective inputs, but they also participate in the upgrading process, thus stimulating other companies in the chain to innovate.[2] Firm strategy, structure and rivalry constitute the fourth determinant of competitiveness. The way in which companies are created, set goals and are managed is important for success. But the presence of intense rivalry in the home base is also important; it creates pressure to innovate in order to upgrade competitiveness. Government can influence each of the above four determinants of competitiveness. Clearly government can influence the supply conditions of key production factors, demand conditions in the home market, and competition between firms. Government interventions can occur at local, regional, national or supranational level. Chance events are occurrences that are outside of control of a firm....
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...Metcalf & Associates Significantly Impacts Worthington Industries Bottom Line by Facilitating Successful ERP Transition by Maureen Metcalf Company Profile ‘One of the Most Admired Companies’ in its industry per Fortune magazine, Worthington Industries, founded in 1955, grew from humble beginnings to a multi-billion dollar metal processing company. Today, the firm employs 8,000 people in 67 facilities throughout 11 countries. The company’s success is credited to its customer-centered philosophy, based on the Golden Rule. This philosophy, in addition to an unwavering commitment to the customer, and one of the strongest employee/employer partnerships in American industry serve as the company’s foundation. Challenge and Vision With the continuing growth and diversification of Worthington Industries, inventories naturally grew as well. As with many manufacturing firms, inventory has a significant impact on revenue and cash flow. Maintaining inventories larger than necessary negatively impacts the bottom line. Thus, the firm wanted to gain better insight into their inventories and processes and increase their supply chain informationto a higher level of detail. The company had a vision of further improving the level of customer service, while using less working capital and inventory. In order to achieve this goal, every process that impacted supply chain management and inventory needed to be closely evaluated. Surfacing every issue that could be preventing the firm from providing...
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...agenda that includes promoting the company brand. ("What Is Strategic Communications?”, 2011) Case Study: “The Power of Rewards at Industry International” The case study “The Power of Rewards at Industry International” located in chapter three of Strategic Organizational Communication in a Global Economy describes a manufacturing company. The company has a rewards system used to compensate employees but that system is in jeopardy of being eliminated due to economic challenges. The case study describes the situation, the challenges the employees and the company face, and the methods the employees are considering to resolve the issue to their satisfaction. The Organizational Structure The organizational structure of the flow of information with a company can be either centralized or decentralized. Centralized information flow means all decision making and power is reserved to central points within the company. ("Centralization And Decentralization", 2013) In a centralized company information is often altered by the time it reaches the lower ranking employees. Decentralizing the information flow is the exact opposite of centralized. In a company that is decentralized information flow is distributed equally through the company resulting in faster decision making and less alterations. The organizational structure of Industry International. Industry International is a decentralized company. Although decisions are made by a board of directors and information is not shared with...
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