Международный журнал экономики и менеджмента

Communication in a broad sense implies exchange of messages (information, opinions, and feelings). Communication affects the atmosphere, the association, the cooperation, the interaction, the creativity, the management, and the motivation. However, all conflicts which occur in the team are mostly a result of the poor communication as well. Successful communicators listen more, and speak less. The successful communicator is persistent in the representation of the attitudes of ones who are better, and not only of his own attitudes. Therefore, one can conclude that communication as every other skill improves with exercise and requires constant care.

Traditional money demand function is based on partial equilibrium model, which only focuses on the liquidity market. Though working quite well in practice, the empirical results of these models are not robust due to probable misspecifications and omission of important factors. This paper employs the latest development in general equilibrium model, especially banking approach, as the theoretical methodology. This new approach emphasizes the more and more significant role of banking sector in a developing monetary economy like China. It is shown that this model behaves better in theoretical plausibility and empirical robustness. On the other hand, this paper also uses various advanced time series econometrics as the empirical methodology to improve the power of estimations and statistical tests.

Most of the theoretical and empirical literatures are dedicated to selecting a more empirically sound model in economics and finance. When choosing from competing alternatives, the most popular criterion is econometric goodness of fit of models against structured data (cross-sectional, time-series and panel). It is the data that determines whether a theory is valid or not, but in many scenarios, structured data are not available or not precise measures of the reality. Therefore, this paper attempts to propose a complementary criterion in model selection in terms of investment practice—we are not trying to find an econometrically “true” model, but a practically useful model. A series of models are examined by the latest data in the FOREX market. Monetary CAPM turns out to be the “best” model for practical purpose.

Mobile Phone market is getting more aggressive and competitive. Smartphone brands are looking for a way to increase their sales, especially in retail business where competition getting tough day by day. Therefore, companies are trying to do their best to increase the sales, for this reason technology stores are becoming important channels for the smartphone brands. These kinds of stores are also suitable for brand which wants to increase their sales in a short period of time. In these stores, dealer’s recommendation has becoming one of the key factors to affect consumer purchase decision in Turkey. The aim of our study is examine promoter incentive affect to the smartphone sales in technology chain stores. Promoters become key elements for the brands. So far, most of brands are allocate their brand promoters in technology stores to go one-step further from the other brands and affect consumer who get in the shop and looking for device. Our key question is if promoter’s sales performance increases for the specific brand with an incentive given by the dealer. We also want to search if there is an increase in specific brand smartphone sales with these incentives given to the sales promoters between all brands in these technology stores. Our expectation of promoter’s sales incentive system has positive affect to the sales. We finalize our study with a causal research designed to give proof for incentive affect with one of the global brand smartphone sales in Teknosa, which is the biggest chain store in Turkey.

The paper investigates potential Granger causality between the stock market index (SMI) and the consumer confidence (sentiment) index (CSI) for the period between 2007 and 2013. While studying SMI-CSI relations, the model is calibrated for US data (S&P500 and the Michigan Survey Research Centre measures of consumer confidence) and shows causality is from the stock market index to consumer confidence. This result is a consequence of the stock market index towards the consumers’ attitudes, as they consider the index to be the leading indicator of the future situation, regardless of whether they own stocks or not. They also maintain a degree of optimism regarding the future economic situation.

HR strategy was developed during a continuous method that concerned plenty of dialogue with managers on however they understood the implementation of our business strategy. Following a final review of the strategy, it absolutely was supported by the Bekaert cluster government and also the board of administrators. The foremost attention-grabbing a [part of] developing this strategy was crystallization those components that were already part of our traditional means of doing things, and that had already proven eminent. At constant time, we have a tendency to create a solid platform on that to debate with managers the means we must always lead a worldwide manpower against a background of continuous and major amendment. Last however not least, it helped US to indicate unit of time managers throughout our organization a way to give centered support to the varied components of the corporate. You want your organization to thrive. This means that you wish to make sure you and your employees thrive and contribute to organization goals and success. Every day you and your organization face challenges. Apparently minor issues undermine performance. Little problems devour time and energy. Common symptoms of structure problems that limit success embody, vision, strategy, goals, and execution square measure ambiguous or misaligned. Managers aren't systematically effective, the correct folks aren't employed or preserved, and performance management is insufficient. Before these issues become crucial, break the cycle. Get the assistance you wish to boost your organization's effectiveness and to resolve issues. We provide the experience and skill to maneuver you forward, as well as intimate adviser services, structure assessment and effective solutions to boost success, Human resource management aligned together with your strategy and culture, Leadership and management development support, Interim unit of time management. In leading organizations folks recognize their goals, feel revered and valued, perceive their role, and knowledge to succeed. Once you will produce these conditions, you increase structure success and productivity whereas reducing risk. Effective human capital strategy and practices are directly involving higher levels of economic and market success.

This study investigates the impact of corruption on the Nigeria external reserves management. ADF unit root test, Johansen Co-integration, ECM, granger causality and OLS were the technics implore in estimating the data for this study and it reveals that there is a unidirectional relationship between corruption and external reserves and that corruption is positively related to external reserves though corruption is a menace that has eaten deep into the nation’s economy and it is embedded in the management process of our external reserves. Exchange rate has a positive relationship with external reserves. The study concluded that corruption is embedded in the management process of our external reserves. The process of managing the nation’s external reserves causes corruption in the country and that corruption has grossly affected the polity of Nigeria and it is seriously affecting the ability of the country to grow.

This study investigates the procurement process effecting green-supply chain management in manufacturing industry in Thailand. Empirical data was collected from the sample group which consists of CEOs, sale managers, and procurement managers from 210 organizations in 4 manufacturing industries: electrical and electronics, auto parts, metal and aluminum, and plastics. Structural equation consists of; antecedent variables which involve top management commitment and customer pressure; dependent variables which concern business performance and environmental performance; and mediator variables which contain employee involvement, green regulations and collaborative partners. The result of the investigation indicates that top management commitment affects employee involvement, green regulations, and collaborative partners. In addition, employee involvement affects business performance rather than environmental performance while green regulation solely affects environment performance. Ultimately, collaborative partners affect business and environmental performance significantly.

In Ethiopia, Micro and small enterprises (MSE) are recognized as important vehicles of economic growth, employment creation, and income generation. As a result, MSE occupy a prominent position in the development agenda of Ethiopia. The main objective of this study is to examine and analysis different major factors that cause for entrepreneur’s dropout from MSE business in Nekemte town. The total population of the study was 3,070 MSEs operating in five sectors (construction, manufacturing, urban agriculture, trade and service) which is used as a stratum. Proportional stratified sampling technique was used for the selection of 172 MSEs from the strata. Only primary data was employed and it was collected by using structured questionnaire from the selected respondents. The study shows that that 58.7% of entrepreneurs face members drop out from their business whereas the remaining of them does not. From the descriptive statistics analysis the study finding show that the most contributing factor for members drop out from the business has three dimensions. First, individual dimensional factor (like lack of need for achievement of the business and risk taking propensity of members, personal background and individual competence are the most in decreasing order). Second, business dimensional factor(the most serious factor that contributes for entrepreneur drop out from MSE business is slow growth of the business followed by supply and demand related factors) and the third external business environmental factors(are lack of work premises followed by access to credit, and tax system, societal attitude towards MSE product/services in decreasing order). The econometric analysis reveals that 10 of the 18 variables used for the binary logistic regression analysis are highly influential over the drop out of entrepreneurs from their business. The 10 significantly contributing factors are at 1 and 5% level of significance are sex of the entrepreneurs; age of the entrepreneurs; educational status; sector of the business; source of finance; form of the business; possessing business plan; existence of sufficient market for the product/services; networking capacity of the entrepreneurs; and corruption from MSE support institutions. The multivariate regression results shows that individual dimensional affects positively the drop out of entrepreneurs from MSE business significantly at one percent level of significance indicating that individual dimensional factors contribute the most to the drop out of entrepreneurs from their business in the study area.

Due to Globalization there is an increasing need for agricultural marketing. The researcher attempts to study the marketing of Turmeric. This study consists of marketing of turmeric in Sangli district. In Sangli procuring and trading facility and online marketing is available. Identifying potential customer and trading facility is a problem. Agricultural marketing systems and products are needed to be restructured and reoriented to meet the needs arising from the globalization process, new initiatives and measures will be required to be identified and attended to by globalization and agricultural marketing.

The empirical analysis of current development process impact on welfare and distribution of income and consumption among individuals has been at the centre of economic research over the last three to four decades, since this type of research has largely come to address important issues of inequality and poverty measurement. Post-2015 Development Goals agenda has placed greater focus of economic policy to such the priority areas as sustainable economic development, poverty reduction and employment growth based on activation of new sources related to the increase in the quality of human capital. In this regard, special attention is required to study the effectiveness of mechanisms to promote sustainable growth of welfare and improvement of living standards in Uzbekistan. This article discusses the multiplicative effects of economic shocks on incomes and consumption of household quintiles using data from the SNA accounts on distribution and use of income. Particularly, it analyses the path of quality of life of society and possibility to achieve a significant goal to improve the competitiveness and efficiency of the national economy applying SAM model in order to measure population differentiation in terms of spending on food and non-food consumer goods and services. Results show, that despite the fact that the impact multiplier of food production is the largest for the first quintile (relatively to multiples of non-food industries and services), its impact is small enough to be a tool for poverty reduction in Uzbekistan. Moreover, only the stimulation of production of goods and services may not have a significant impact on the reduction of inequality in income distribution. The preferred tool to protect vulnerable sectors of the population and reduce poverty is targeted support, which forms the basis for the economic policy of Uzbekistan on the way to sustainable and shared growth.