...satisfaction, organizational commitment and many other factors which ultimately results in engagement of employees in their work. The purpose of the study was to measure the employee engagement level and to study the relationship between employee engagement and HRD climate and impact of HRD climate on employee engagement in one of the leading digital e-commerce company in National Capital Region (NCR). OCTAPACE profile (Pareek, 2003) was used to measure the HRD climate. OCTAPACE measures eight dimensions of HRD climate viz. openness, collaboration, trust, pro-action, autonomy, authenticity, confrontation and experimentation. The study was conducted on 108 respondents. Data was analyzed using correlation and regression analysis in SPSS. The various dimensions of HRD climate were observed individually and reults indicated that there exists a positive correlation between employee engagement and HRD climate The correlation analysis revealed that openness, collaboration, proaction and confrontation were positively and significantly correlated with employee engagement. It was very encouraging to know that 37% variation in employee engagement was explained by the various dimensions of HRD...
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...Is it true that Good Institutions Alleviate the Resource Curse? A Reassessment of Existing OLS Cross Country Evidence Malebogo Bakwena* Abstract The paper tests the hypothesis that the effect of resources on growth is conditional on the quality of institutions, by further building on Mehlum, Moene, and Torvik’s (2006b) influential work. Advances are made by re-testing the hypothesis, using: (a) a dataset of up to 53 countries over the period 1984-2003; and (b) a resource abundance indicator that focuses on non-renewable resources alone rather than the ones commonly used in the literature that include renewable resources, which are inappropriate. The empirical results of the paper confirm the hypothesis that resource rich economies are not destined to be cursed if they have good institutions. Keywords: World economic growth, resource curse, institutions * Senior Lecturer at the University of Botswana, Department of Economics, Private Bag 0022 Gaborone, Botswana. E-mail: thokweng@mopipi.ub.bw, Telephone: (+267) 3552151, Fax: (+267)3972936. 1 1. Introduction Contrary to conventional theory, a growing body of evidence suggests that economies with abundant natural resources perform badly in terms of economic growth relative to their resource poor counterparts—the so-called resource curse hypothesis. However, this general hypothesis is not robust. It clearly fails to account for the differing experiences of resource abundant economies. For instance, the theory, applied...
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...Communication Climate and Organizational Performances: A Comparison Studies Between Two Public Organizations. Rosli Mohammed Faculty of Communication and Modern Languages University Utara Malaysia Adnan Hussein School of Communication University Science Malaysia Introduction: Organization, whether it is a profit making or a public service organization needs to create a climate which would facilitate effective communication in organizing job related activities. One of the important aspects of organizing is the ability to communicate the roles, expectation, goals and vision of the organizations. Some studies indicate that managers spend from 62 % up to 89 % of their time engaged in communication, much of the time spend is through face to face communication interactions. Results also showed that time spent by managers communicating with peers, superiors, and subordinates ae more frequent compare to other task requirement. Normally, the objectives of communication is to informs and educate employees at all level in the company’s strategy and motivates employees to support the strategy and organizational performance goals.As most management scholars see, in the working world, interaction skills are typically viewed as necessary to helps work groups or employee’s accomplish goals and objectives (Henderson, 1987; D’ Aprix, 1982) The continuing assumption is that the better the interactions skills...
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...Trade and Unemployment: What do the data say?∗ Gabriel Felbermayr† Julien Prat‡ and Hans-Jörg Schmerer§ , , September 2010 Abstract This paper documents a robust empirical regularity: in the long-run, higher trade openness is associated to a lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross-sectional data on a larger set of countries. The time structure of the panel data allows us to control for unobserved heterogeneity, whereas crosssectional data make it possible to instrument openness by its geographical component. In both setups, we purge the data from business cycle effects, include a host of institutional and geographical variables, and control for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures. Our preferred specification suggests that a 10 percent increase in total trade openness reduces aggregate unemployment by about three quarters of one percentage point. Keywords: international trade, real openness, unemployment, GMM models, IV estimation. JEL codes: F16, E24, J6 ∗ We are very grateful to two anonymous referees, to Luca Benedictis, Peter Egger, Benjamin Jung, Wilhelm Kohler, Devashish Mitra, Christopher Pissarides, Richard Upward, as well as participants at the CESifo Munich - Tübingen workshop, and workshops at the Universities of Aarhus, Göttingen, Leicester, Uppsala and Nottingham. † Corresponding author. University of Stuttgart-Hohenheim...
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...To: Mrs Caroline Hatcher ∞ Human Resource Manager ∞ ABC Company From: Mrs Chrisan Lewis ∞ Occupational Psychologist ∞ The British Psychological Society Report: Efficient Recruitment The Report The ABC Company has been experiencing a high turnover of staff, (particularly with the Call Centre Staff), and is considering the development of an Assessment Centre. The ABC Company requires information which pertains to psychology in relation to psychometric testing. This report will identify individual differences, the supporting theories and the associated psychometric tests (which must be Objective, Standardized, Reliable, Predictive, and Non Discriminatory) for the purpose of effective recruitment. Psychology involves the study of the mind which is complex and is the source of thought and behaviour. It is scientific and examines individuals, their mind and their behaviour, and attempts to understand and explain thought, emotion and behaviour (Wilhelm Wundt 1832-1920). Individual Differences Vast Variation among biological populations inspired the formulation of Darwin’s Theory of Natural Selection. Individuals are different and in fact unique based on a number of variables such as:- voice, skin tone, disposition, ethnicity, stature, attitude, physical symmetry, trainability, intelligence, aptitude, extroversion, introversion, sex, gender, neuroticism, expressiveness, memory, creativity, conscientiousness, agreeableness, values, beliefs and so on. The intelligence...
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...This simplistic emphasis on economic growth is often criticized because of the limitations of economic growth in improving living standards. Another question arise is does economic growth promote sustainable improvement on country development? Malaysia economy has been transformed from a protected low income supplier of raw materials to a middle income emerging multi-sector market economy in the past 20 years. This is driven by the export of manufacturing goods, particularly electronics and semiconductors, which constitute about 90% of exports. In this paper, the primary objective is to investigate what is the relationship between openness, inflation and FDI with economic growth. Export and import often plays pivotal role in determine the gross domestic product (GDP) in a nation. In particular, the research question to be outlined is how does openness, inflation and FDI affect economic growth. Multinational corporations (MNCs) are those organizations that own or controls productions of goods or services in one or more countries other than its home country. MNC plays major role in foreign aids recipient countries, it contribution to a nation’s economy has became gradually vital. Typically, the contribution of MNC to a domestic economy is via fund transfer channel such as foreign direct aids and advance technology into the host country especially in low development countries (LDCs). Higher level technology or technology advancement is crucial for economic growth of a country because...
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...2. LITERATURE REVIEW. In the context of India’s tea export, there exists vast literatures .But for this study we have included some of the important empirical works which are matched with our objectives. Chand and Tiwari,(1991),analyzead growth and instability of India’s export and import of agricultural commodities. Jaganathan , (1992) , in his paper examined the instabilities of export earnings of selected groups and selected commodities and all the commodities from the period 1974-75 to 1989-1990. Pal , (1992) , analyzed the magnitude , causes and effects of instability of agricultural export earnings of India for the period 1979 to 1989.Subramaniam , (1995) , analyzed the impact of fluctuations in tea production and exports on international tea trade .He articulated that India plays a significant role in world tea trade , being the world’s largest producer , consumer , and exporter . Therefore , fluctuations in India’s tea production , consumption and exports are enough to disturb international tea trade . Aiello , (1999) , analyzed that the effects of export earnings instability on economic growth of developing countries has long interested economists for several reasons . Reddy , (2001) , examined global demand for and supply of tea by estimating semi – log trends separately using data of the recent past , 1974 to 1988 , on the area under cultivation of tea , production , export and retention of tea for domestic consumption . Debraj , (2003) , in a column...
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...OPENNESS. Openness can be defined as a spontaneous expression of feelings and thoughts, and the sharing of these without defensiveness. Openness is in both directions, receiving and giving. Both these may relate to ideas (including suggestions), feedback (including criticism), and feelings. For example, openness means receiving without reservation, and taking steps to encourage more feedback and suggestions from customers, colleagues and others. Similarly, it means giving, without hesitation, ideas, information, feedback, feelings, etc. Openness may also mean spatial openness, in terms of accessibility. Installing internal E-mailing may be a step in this direction: everyone having a computer terminal has access to information which he may retrieve at any time. Offices without walls are another symbolic arrangement promoting openness. In some organisations, even the chief executive does not have a separate exclusive cabin; floor space is shared by other colleagues at different levels in the organisation. This willingness to share and this openness results in greater clarity of objectives and free interaction among people. As a result of openness, there should be more unbiased performance feedback. Indicators of openness in an organisation will be productive meetings and improved implementation of systems and innovations. CONFRONTATION Confrontation can be defined as facing rather than shying away from problems. It also implies deeper analysis of interpersonal problems. All...
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... Introduction In the class, I was given an elaborate overview of interpersonal relationships. I was taught about the different impacts of interpersonal relations on an individual and how these can determine his personality, quality of lifestyle and the status of his relations with those related to him personally and professionally. I was also given an idea about human communication, the chief features of human communication and its major determinants. The class also gave me an idea on how can I identify the strengths and weaknesses of my personal interpersonal relationships and how can I implement ways that can rectify my weaknesses and help me in redesigning my personality. I believe that the class notes will be of immense help in the personal as well as professional aspects of my life. Interpersonal Dimensions i) Strength After going through the class lectures and notes, I have analyzed that my interpersonal effectiveness lies in the fact that I am a great provider of feedback. The way in which I deliver my instructions and the way I train my teammates to function as per the instructions have always proved successful. Thus, I believe that I have the basic skills of a good team leader and qualities to mould my teammates to agree upon one common goal and one universal idea by virtue of my verbal skills. I am well aware of the fact that the basic skills of a good speaker is to be concise and clear while delivering instructions and stick to time...
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...1 Social Capital and Facebook Groups' Members Knowledge Sharing Behavior Manal ElKordy Assistant Professor Business Administration Department Faculty of Commerce Alexandria University Alexandria, Egypt melkordy@hotmail.com Abstract The main challenge of any virtual community is the supply of enough content through the active sharing of knowledge among community members. This paper integrates the factors of social capital theory; namely, social ties, knowledge self-efficacy, fairness, identification, and openness; with individual motivations to share knowledge; namely, reputation, and enjoy helping; to explain why people share their knowledge on Facebook groups. The models' efficacy was tested using online survey of 237 Facebook groups' members. The model explained 34% of the variance in knowledge sharing behavior where knowledge self efficacy, identification with group, and perceived group openness were found to positively influence knowledge sharing behavior. Contrary to expectations, social ties, perceived group fairness, and individual motivators showed no significant influence on knowledge sharing behavior. Theoretical and practical implications of the results are discussed. Keywords: Social capital, individual motivations, knowledge sharing behavior, Facebook Groups, virtual communities, Egypt. 2 1. Introduction The widespread of internet access has fuelled the growth of virtual communities where more people are sharing their knowledge, experiences, and opinions...
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...country of origin has been defined as an extrinsic cue that acts as a risk mitigant or quality cue for consumers (Cordell, 1992). Such extrinsic cues (others include price, brand name, warranties) serve as intangible product traits that contrast with intrinsic cues (e.g., taste, design), which are tangible aspects or physical characteristics of the product itself (Bilkey and Nes, 1982). Although some studies have questioned the importance of country of origin for much consumer decision making (Elliott and Cameron, 1994; Hugstad and Durr, 1986; Mitchell and Greatorex, 1990; Schooler and Wildt, 1968), recent research has demonstrated that the country of origin has a substantial effect on attitudes toward products and the likelihood of purchasing these products, often demonstrating effects that are as strong or stronger than those of brand name, price, or quality (Ahmed and d'Astous, 1996; Lantz and Loeb, 1996; Okechuku, 1994). Recent research has linked the country of origin effect to levels of consumer ethnocentrism. Consumer ethnocentrism focuses on the responsibility and morality of purchasing foreign-made products and the loyalty of consumers to products manufactured in their home country (Shimp and Sharma, 1987). Sharma et al. (1995) note that consumer ethnocentrism may result in an overestimation of the attributes and overall quality of domestic products and an underestimation of the quality of...
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...is to achieve leadership position at the right time. Leadership, "is the ability to lead a team with a view towards achieving a number of objectives. In the opinion of the five major models of leadership, extraversion is the most important trait of extraversion, agreeableness, conscientiousness, emotional stability and openness to experience "(Robbins & Judge, 2011). They showed moderate strength in the following categories: kindness, emotional stability, openness to experience and awareness, with the openness to experience that has the lowest score. They showed high resistance to extraversion. People with positive emotional, security stand up well under pressure. "People with low scores can become anxious, insecure, nervous, or in the worst scenario when a heavy depressed" (Robbins & Judge, 2011). They has high scores in this area, so stress management is one of its strengths. A weakness that became evident through leadership assessment was openness to experience shows a weakness to new experiences. Being able to barter to new experiences gives a lot of talk from those of most people is very important because you have to learn from each other. The openness to experience is used to take new actions and because the job of a manager is to guide, listen, coach, and communicate with their employees, we must be able to correct the bad habits of...
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...the principles common to all complex entities, and the (usually mathematical) models which can be used to describe them. A system can be said to consist of four things. The first is objects – the parts, elements, or variables within the system. These may be physical or abstract or both, depending on the nature of the system. Second, a system consists of attributes – the qualities or properties of the system and its objects. Third, a system had internal relationships among its objects. Fourth, systems exist in an environment. A system, then, is a set of things that affect one another within an environment and form a larger pattern that is different from any of the parts. The fundamental systems-interactive paradigm of organizational analysis features the continual stages of input, throughput (processing), and output, which demonstrate the concept of openness/closedness. A closed system does not interact with its environment. It does not take in information and therefore is likely to atrophy, that is to vanish. An open system receives information, which it uses to interact dynamically with its environment. Openness increases its likelihood to survive and prosper. Several system characteristics are: wholeness and...
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...Running Head: WEBOMETRICS RANKING AND RATING IMPROVEMENT 1 Webometrics Rating and Ranking Improvement as a Marketing Strategy Sintyadi Thong Universitas Mercu Buana WEBOMETRICS RANKING AND RATING IMPROVEMENT Abstract Webometrics (www.webometrics.info) has been used as one of the tools when making 2 decisions in choosing a University. When a prospect has several choices of Universities providing the same area of study, rating and ranking would come into consideration as the final – if not, an assessed weight in the decision making. Rating and ranking also shows the performance indicator and also shows how prestigious the University is. Through Webometrics, prospects can see the ranking of a University either regionally or internationally based on their rating, and the rating and ranking are updated periodically. Many Universities adopted this rating and ranking system on their own website as their marketing strategy to show that they are better than competitor Universities and the use of Webometrics can be analysed as it displays the University's prestige. This paper will discuss the us of Webometrics as marketing strategy by improving the University's rating and ranking in Webometrics. keyword(s): Webometrics, University rating, marketing strategy, web impact. WEBOMETRICS RANKING AND RATING IMPROVEMENT Webometrics Rating and Ranking Improvement as a Marketing Strategy 3 Over the past few decades, internet grows wider, information gathering has been made simple. People...
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...A. FINANCIAL INDUSTRIES Financial Services in India- Brief Overview: The Indian financial services sector is one of the most complex, yet one of the most robust service segments of the Indian economy. Spanning from insurance to capital markets, banking to foreign direct investments (FDI) and from mutual funds to private equity (PE) investments, the financial services sector covers all related segments under its umbrella. Having major effects in its abstract as well as physical form post liberalization, the financial services segment is undoubtedly the mainstay of Indian economy. Today it is at par with the international financial frameworks and promises to surpass them in terms of performance in the years to come. This is very much evident from the fact that Indian financial services industry was amongst the least affected during the crisis the world faced in 2010-11. Major developments pertaining to the sub-segments of Indian financial services industry are discussed hereafter. Insurance Sector: Indian life insurance sector collected new business premiums worth Rs 11,742.7 crore (US$ 1.96 billion) for April-May 2013, according to data from the Insurance Regulatory and Development Authority (IRDA). Life insurers collected Rs 1, 07, 010.7 crore (US$ 17.84 billion) worth of new premiums for the financial year ended March 31, 2013. Meanwhile, the general insurance industry grew by 19.6 per cent in April-May period of FY14, wherein the non-life insurers collected premium worth...
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