...Case Study: Project Prerna Background: In 2012, India's urban housing shortage was estimated at nearly 19 million households, according to a report by the Ministry of Housing and Urban Poverty Alleviation. According to 2011 Census, of the 11.97 million residents of Mumbai, around 8.68 million people live in slums. These slum dwellers, though residing in urban India, have unique set of characteristics and face various challenges which are as follows: The slum dwellers are not provided affordable housing with legal land title(possesion) hence they cannot leverage any credit facility using the house or land as acceptable collateral. They cannot pay taxes even if they want to because taxation gives them the legal status. Hence their status remains as the secondary citizens of the city. Slums do not have basic services and provision of formal infrastructure, education, health care facilities. Majority of the slum dwellers and residents are first generation migrants from the rural areas. They possess skills that are not competent enough or do not have any significant market in the cities. They have to learn or are required to develop new skills, which require long-term investment of time and resources, which they do not have. Their only option remains is getting engaged in occupations that are unskilled and menial, and where the incomes are low(mostly laborious and shift jobs). These are also casual jobs where advantage is taken of their situation and they are cheated. The...
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...TRANSPORT & LOGISTICS Reverse Logistics in the Supply Chain a report by James R Stock Professor of Marketing and Logistics, University of South Florida James R Stock is a professor of Marketing and Logistics at the University of South Florida, Tampa. He is the author or co-author of more than 90 publications in the area of logistics. His specialities are in the areas of reverse logistics and the marketing-logistics interface. Currently, Dr Stock serves as Editor of the International Journal of Physical Distribution and Logistics Management and is a frequent speaker and consultant on reverse logistics and other logistics topics throughout North America, Europe and Africa. In evaluating the importance of logistics within supply chains, many published ‘lists’ of logistics attributes have reverse logistics rated relatively low in importance. Such ratings are, however, misleading. Product quality, competitive prices, consistent order cycle times, ontime deliveries and low damage rates have traditionally been very important, and will continue to be so in the future. Today, they are the ‘price of admission’ to the competitive arena. Many competitors have reached parity on many of these important logistics attributes and they have become standard offerings of these companies and basic requirements of customers. Organisations not meeting standards on these attributes are usually not even considered in purchasing and/or outsourcing decisions. When a firm achieves acceptable...
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...would dare face investment analysts without an Internet strategy. But even a detailed and thoughtful approach to the Web does not guarantee business success. The main purpose behind the launching of online banking services is to provide the customers with an alternative, more responsive and with less expensive options. With options just a click away, customers have more control than ever. They expect real-time answers and superior usability. They also want personal attention and highly customized products and services. The focus of e-business must always be on the customer. On the other hand, the technology and the business structure follow on form of the value you intend to provide to the customer. ABOUT THE PROJECT Motivation of the Project Objectives of the Project METHODOLGY NATURE OF THE DATA Primary Research Data Secondary Research Data SOURCE & COLLECTION OF DATA TOOLS & TECHNIQUES OF ANALYSIS TREND ANALYSIS EXPECTED CONTRIBUTION FROM THE STUDY LIMITATIONS OF THE STUDY...
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...1. INTRODUCTION 1.1 INTRODUCTION TO THE STUDY INTRODUCTION Employee or labour welfare is a comprehensive term including various services, benefits and facilities offered to employees by the employer. Through such generous fringe benefits the employer makes life worth living for employees. The welfare amenities are extended in addition to normal wages and other economic rewards available to employees as per the legal provisions. According to Dr. Parandikar, “Labour welfare work is work for improving the health, safety and general well being and the industrial efficiency of the workers beyond the minimum standard laid down by labour legislation” Welfare measures may also be provided by the government, trade unions and non-government agencies in addition the employer. The basic purpose of labour welfare is to enrich the life of employees and keep them happy and contented. Welfare measures may be both statutory and voluntary. Labour laws require the employer to extend certain benefits to employees in addition to wages. Voluntary benefits are the result of employer’s generosity, enlightenment and philanthropic feelings. MEANING OF EMPLOYEE WELFARE According to the Oxford dictionary employee welfare or labour welfare means “the efforts to make life worth living for workmen”. According to the Labour Investigation Committee (1946), employee welfare means “anything done for intellection physical, moral and economic betterment of the workers...
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...International Journal of Business and Management Tomorrow Vol. 2 No. 11 ISSN: 2249-9962 November|2012 www.ijbmt.com Page | 1 A Study on Policy Holders Perception towards Life Insurance Coporation of India Dr. S.Chand Basha, Professor, Professor, St.Anns Engineering College, Chirala, AP, India Dr. M.Vijay Kumar, Professor, Professor, VKR VNB & AGK College of Engineering Gudiwada Prof. Ch. Rama Prasad Rao, Professor, SKIM, Srikrishnadevaraya University, Anantapur, AP, India Abstract Human Life involved with lot of risk. Man always striving hard to reduce risk. As part of it, people are purchasing insurance policies so that secure their families against uncertain events. Insurance is the primary risk management device that protect against risks, hazards or dangers to life and property. Life Insurance Corporation of India is one among the successful public sector organization in India with 80% market share in life insurance sector. With the opening up of the insurance sector, a number of private players entered into the market. The new players with their focused approach and need based selling captured significant chunk of the insurance market. With this background a survey was conducted among 300 policy holder in Urban and Semi Urban centers to study policy holder perception towards LIC of India. Majority of the policyholders is influenced by self-followed by agents while taking an insurance policy from LIC, significant number of policyholders felt that the premium rate is...
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...The Reinforcement Theory of Motivation includes 4 aspects: Positive, Negative, Punishment, Extinction. Positive reinforcement – When the employees work hard, have done work well, and bring some interests for the organization, the organization will give some rewards to motivate them. For example: In a company, the employees’ work exploits will be showed in the notice board every month. The best employee should be given some rewards. Thus, they will bring some benefits for their organization. Negative reinforcement – When the employees have some prombles make he/she does not work hardly and brought some losses for the organization, the organization will give them help. Thus, it can help the employees to eliminate affect. For example: if they feel work no motivity . we will to know their prombles , than eliminate affect . if his family has some prombles ,we will help him. to improve the environment of workplace , furnish regular bus ,get a psychologist to account for the promble of mental(Psychology Management), eliminate theestrangement of new and old staff . Punishment reinforcement – When the employees make the organization suffer some harm or do something wrong, they will be given some punishments. For example: When the company suffers a great loss because of the employee’s laxity and mistake, the organization will give him a serious punishment and be deducted some wages. Extinction reinforcement...
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...MATH-533 Applied Managerial Statistics Course Project Part A Introduction It is so interesting to choose sections location, an income and size as representative of my course project. From the list, it really makes me an interest of trend of people who is living in urban, has how many of family members and how much they earn. Basically I would like to categorize the direction of cluster of people and their desires to live which area of country. First, I am going to analyze the locations versus family size, and then family size versus to income. Then I will analyze further how many of family and location has how much income which helps us to reveal to pay back the credits. 1st Individual Variable (Location) Table 1 and graph 1 Location | Number of houses | Rural | 14 | Suburban | 15 | Urban | 21 | From the table 1 and graph 1 shows the number of houses and number of locations. Based on the information customers from AJ Davis tend to live in the Urban area rather than the suburban and rural area. 2nd individual variable (Size) Size (family members) | number of objects | 1 | 5 | 2 | 15 | 3 | 8 | 4 | 9 | 5 | 5 | 6 | 5 | 7 | 3 | Graph 2 and table 2 Based on table 2 information following data comes out. (Numbers of customers) Minimum: 3 Median:5 Q3:8.5 Maximum:15 Based on the graph 2 and table 2, most of the customers intend to have less than 5 family members. The majority of customers have 2 family members and only 3 of them...
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...Sales Promotion Schemes Project Report MBA One of the most difficult marketing decisions facing companies is how much to spend on promotional John Wanamaker, the departmental - store magazine, said, "I know that half of my advertising is wasted but I don't know which half." Thus it is not surprising that industries and companies vary considerably in how much they spend on promotion. Promotional expenditures might amount to 30-50% of sales in case in cosmetics industry and only 10-20% in the industrial equipment industry. Within a industry, a low and high spending companies can be found. How do companies decide on their promotion budget? There are mainly four methods of sales promotion :• Affordable Method :Many companies set the promotion budget at what they think the company can afford. One executive explained this method as follows : "Why, it’s simple. First I go upstairs to the controller and how much they can afford to give us this year. He says a million and half. Later, the boss comes to me and asks how much we should spend and I say ‘Oh about a million and half."It is a method which is uncertain one and makes long term planning difficult.• Percentage of Sales Method :Many companies set their promotion expenditures at a specified percentage of sales. Accordingly the sales is set on the basis of sales. | Advertising Effectiveness Project ReportInternal Customer Satisfaction Project Report | In this a specified sales percentage is decided for the promotional budget...
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...Tax Research Memorandum To: Lauren Smith From: Date: May 18, 2012 Re: Tax Treatment of MBA education expenses Facts You incurred $15,000 in educational expenses in the course of earning a MBA. You want to deduct these expenses as an employee business expense in your tax return since your employer does not have an education expense reimbursement program. Issue The issue is (1) whether the education was required to keep your present salary, status or job and/or the education maintains or improves skills needed in your present work, and (2) whether the education was needed to meet the minimum educational requirements of your present trade or business, and (3) whether the education is part of a program of study that will qualify you for a new trade or business. Rule It has been established that education expenses can be deducted as business expenses when the education maintains or improves skills needed in your current work but the education was not needed to meet minimum requirements and did not qualify you for a new trade or business. Publication 970 (2011) Tax Benefits for education Federal Tax Regulations, Regulation, §1.162-5., Internal Revenue Service, Expenses for education Singleton-Clarke v. Commissioner, T.C. Summary Opinion 2009-182, Allemeier v. Commissioner, T.C. Memo. 2005-207 Blair v. Commissioner, T.C. Memo. 1980-488 Sherman v. Commissioner, T.C. Memo. 1977-301 Link v. Commissioner, 90 T.C. 460, 463-464 (1988) Schneider v. Commissioner...
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...MARTHY MCCASKEY* Martha McCaskey1 felt both elated and uneasy after her late Friday meeting with Tom Malone and Bud Hackert, two of the top managers in Praxis Associates’ Industry Analysis division. Malone, the division’s de facto COO, had said that upon successful completion of the Silicon 6 study, for which McCaskey was project leader, she would be promoted to group manager. The promotion would mean both a substantial increase in pay and a reprieve from the tedious field work typical of Praxis’ consulting projects. Completing the Silicon 6 project, however, meant a second session with Phil Devon, the one person who could provide her with the information required by Praxis’ client. Now, McCaskey reflected, finishing the project would likely mean following the course of action proposed by Hackert and seconded by Malone to pay Devon off. Praxis’ client, a semiconductor manufacturer based in California, was trying to identify the cost structure and manufacturing technologies of a new chip produced by one of its competitors. McCaskey and the others felt certain that Phil Devon, a semiconductor industry consultant who had worked in the competitor’s West Coast operation some 12 years earlier, could provide the detailed information on manufacturing costs and processes required by their client (see Exhibit I for a summary of the required information). Her first interview with Devon had caused McCaskey to have serious doubts both about the propriety of asking for such...
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...BOB KNOWLTON CASE MBA 633: Case #2 Bellevue University December 18, 2012 DESCRIPTION This case centers on Bob Knowlton, a newly appointed project head who was promoted through a former project leader, Dr. Jerrold. Everything was going well for Knowlton until a new and brilliant addition was added to the team, Simon Fester. DIAGNOSIS The cause of the problem in this case is Knowlton’s passive characteristics. As project leader, Knowlton sees that there is tension building within the group as a result of Fester’s determination. Throughout the case we are confronted with many instances where Fester’s initiative to achieve results causes Knowlton to feel threatened and aggravated. Instead of acting as a leader and confronting the distracting nature of Fester’s behavior, Knowlton simply nods his head and agrees with everything that transpires. Fester is simply continuing his prevalent path because he feels that he is contributing progress to the project. This entire scenario could be remedied if Knowlton were to step up to the plate and act in a fashion that is consistent with his job title, leader. No one is going to hold Knowlton’s hand and correct the Fester dilemma, because it is Knowlton’s job to administer action. THEORY When provided the opportunity to confront Fester’s theories and group cooperation, Knowlton became a victim to his own passive behavior. Instead of taking charge and correcting the discrepancy of Fester’s action towards the team and himself...
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...A Project Feasibility Study presented to the College of Accountancy and Economics Universidad De Manila In Partial Fulfillment of the Requirements for the Degree of Bachelor of Science in Financial Accounting by FAT 43 Rishiel G. Ramos Mark Jefferson Aranzanso Erwin Carrascal Jill Ann D. Miranda Shannon S. Alfaro Michelle Ann Nicole S. Maglalang Flordeliza M. Alvarez Angelie S. Tolentino Arcell Atienza to PROF. JOHN ANTHONY M. LABAY, CPA, MBA 2016 ACKNOWLEDGEMENT We want to give an overwhelming thanks to the people who helped us in accomplishing our Feasibility Study and with all gratefulness; this piece of work is dedicated to the following persons: To our Almighty God, who always look up and secure the safety of the proponents in doing this project. To our parents for the financial assistance and who’s always guiding us, giving us words of wisdom to inspire us in doing this project. To our beloved Mr. John Anthony M. Labay who has greatly shared his knowledge with us with patience and diligence in helping meet the necessary works for the completion of the feasibility study. Together, we sincerely acknowledge and give thanks to the persons mentioned above who have brought the success of doing this feasibility study We are very grateful for this wonderful accomplishment. DEDICATION This Feasibility is dedicated to our Parents, TABLE OF CONTENTS Page LIST OF...
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...F | Canfield Park Restoration | Walsh University- MBA 641 N | | September 3rd, 2012 | By: Timothy Coyne Tom Lopienski Joseph Walker | | Summary of Needs The deliverable for this project is to design and develop a park in Canfield, Ohio; at the existing park sits a two-story, with basement, concrete and wood dilapidated building containing asbestos. The project requirements are summarized into the following list: * Demolition of the two-story building by licensed NDAAC asbestos abatement professionals. * Complete removal of demolished building from site. * Total park size of 100x200 yards. * Walking/Jogging path designed to withstand wear and tear from weather and use. * Garden with three (3) waterfalls (3ft, 6ft, 3ft). * Twelve (12) varieties of exotic plants; must thrive in climate and require minimal maintenance. * 24x24 foot octagon gazebo, with interior benches. * Stone walkways from parking lot to walking/jogging path, from walking/jogging path to gazebo, and three (3) paths through the grassland. * Grassland, with sprinkler system installed. * Arches at each entrance to the park. * Project completed in eight (8) months. Statement of Work with Specifications and Responsibilities The major deliverables are as follows: 1. Detailed plan, accompanied by proper documentation, for the demolition and destruction of the existing structure, including: time frame, detailed job bid price, 5% guarantee...
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...accepted this project after the director stated that it would be his baby all the way? Despite Henry Gable’s very apparent shadiness I would probably have taken the project too due to the backing that the project has. Even though the project had issues, based on all we have learned in project management, it is rare that a project has the amount of attention and backing from top executives, as well as, strong resources from the functional team. Many of the cases we studied are problematic because they did not have this type of backing and priority which in the end, created other conflicts. Do engineers with MBA’s aspire to high positions in management? I think the ones who have the unique ability and skillset of both a PM and Engineer probably do aspire to have high positions in management. However, in my limited experience, I think that most engineers would gravitate towards being a project engineer where they are experts in their field and are most comfortable with technical details as opposed to the administrative ones. Gary Anderson was a perfect example of this. I feel that many engineers lack the essential administrative and soft skills of a PM to motivate and manage a team to a successful outcome. Was Gary qualified to be project manager? I do not think that Gary was qualified to be a project manager. Just because ‘we can’ does not often mean ‘we should do.’ It was probably very easy for Gary to complete his MBA and therefore assume that he could be a project manager. However...
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...accepted this project after the director stated that it would be his baby all the way? Despite Henry Gable’s very apparent shadiness I would probably have taken the project too due to the backing that the project has. Even though the project had issues, based on all we have learned in project management, it is rare that a project has the amount of attention and backing from top executives, as well as, strong resources from the functional team. Many of the cases we studied are problematic because they did not have this type of backing and priority which in the end, created other conflicts. Do engineers with MBA’s aspire to high positions in management? I think the ones who have the unique ability and skillset of both a PM and Engineer probably do aspire to have high positions in management. However, in my limited experience, I think that most engineers would gravitate towards being a project engineer where they are experts in their field and are most comfortable with technical details as opposed to the administrative ones. Gary Anderson was a perfect example of this. I feel that many engineers lack the essential administrative and soft skills of a PM to motivate and manage a team to a successful outcome. Was Gary qualified to be project manager? I do not think that Gary was qualified to be a project manager. Just because ‘we can’ does not often mean ‘we should do.’ It was probably very easy for Gary to complete his MBA and therefore assume that he could be a project manager...
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