ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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What Education Do Workers Need

E A Ramaswamy this paper is concerned not with education per se, but education that wilt prepare workers for participative management. The essence of participation is joint decision-making on the basis of parity representation. So thoroughgoing a change in the governance of the enterprise requires that workers be educated to face upto the new demands and challenges. What should be the content of this education?

THE PHILIPPINES-Political Economy of Crisis

Political Economy of Crisis Mimi Brady Henry Holland IT is often lamented in Manila that when the US economy catches a cold, the Philippines is hospitalised with pneumonia. With the entire global economy currently anguishing in crisis, a virulent case of pneumonia is wracking the Philippine economy

Government and Public Enterprises-Budgetary Relationships

Budgetary Relationships A Premchand The central issue of the budgetary relationship between government and public enterprises is the tenor of financial control exercised, the determination of what is considered important, and the general approach to all matters concerning the finances of enterprises. Institutional practices and traditions generate their own systems of values. Values, in turn, may lead to either flexibility or rigidity in the institutional approach influencing the budgetary process and the emphasis to be placed at various stages of work.

Break-Even Point

Satya Prakash Singh Jayant V Deshpande When net present value of investment/internal rate of return (NPVI/IRR) has been calculated for a project to measure its profitability in a comprehensive manner, why is it that break-even point (BEP) is also calculated in addition? The required calculations for profitability are made on the assumption of expected level of operations of the project, generally, called 'normal capacity utilisation. But entrepreneurs are seldom sure that normal capacity will be utilised in actual operations. Internal organisational and environmental uncertainties force entrepreneurs to ask: What if the project does not run at the assumed capacity level? Will the project be in a position to at least recover its costs? These risk-induced questions motivate the calculation of BEP. This paper emphasises that BEP is essentially a risk-measure.

Theory of Administration

Satya Deva The problems of administration, public and private, require explanation and solution. Marx's theory, as gleaned from his works, deals with the characteristics of administration in capitalist society, of revolutionary change, and of administration in the new society.

India and the International Market in Handknotted Carpets

Handknotted Carpets Sanjay Sinha Carpet weaving is a major cottage industry in India, employing thousands of village artisans. Almost alt the Indian production of handknotted carpets, worth more than Rs 100 crore, is exported.

The Match Industry in Sivakasi

This case study of the match industry in Sivakasi suggests that technical knowhow and skills per se would not help a worker to benefit from his contribution to the value addition in an economic activity. To do so he needs to be able to undertake by himself all functional operations such as procuring raw materials, finance and marketing. This is highly unlikely to happen with the individual efforts of resource-poor workers, especially if their product is a day-to-day consumer item to be marketed amidst severe competition. External support in terms of finance, raw material supply, organisational umbrella, and market assistance is crucial to them.

Industrial Man in India Reconsidered

Those who have accepted the concept of the industrial man have related their argument mainly to the behavioural aspect of the Indian industrial worker. However, the concept of industrial man is not restricted to behavioural analysis alone. It is organically linked with several aspects of the whole process of industrialisation.

The West in Japanese Advertising

Advertising the world over has proved to be a powerful vehicle for the creation and perpetuation of myths that serve the interests of the capitalist system. One of the more striking qualities of these myths is their reduction of historical experiences to mere essences.

Project Evaluation Criteria and Technology Policy

(LDCs) experience in their development process a large number of handicaps or obstacles arising from their poverty and relative economic backwardness, they have one great advantage and that is related to the accumulated scientific and techno- logical knowledge in the developed countries

Alienation and Market System Development-Lessons for the Multinational Marketer

Lessons for the Multinational Marketer Marye Tharp Hilger Lee D Dahringer This paper has a threefold objective. First it proposes a model of how market system development interacts with the environment to affect consumer exudations about the marketplace. Secondly, ii reports data gatehred in two cultures, India and the United States. The data indicate preliminary support for relationships proposed in the model. Last, the authors recommend positive actions for multinational firms to take in order to minimise the effects of consumer alienation in markets at varying stages of development.

Problems of Large Organisation

Problems of Large Organisation S K Roy Managing Large Organisations: A Comparative Study in a Developing Country by Ishwar Dayal et al; All India Management Association, New Delhi, 1981.

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