South Asian Journal of Management

An Empirical Study of Small Business Organizations in Fiji Using a Competency-Based Framework

The study involves the development and application of a competency-based framework in small businesses in Fiji. A survey approach was used in collecting the information for this study using face-to-face interviews with the owners/managers. The information collected was used to prepare 18 case studies of small businesses in Fiji. These case studies are the basis of our findings. The findings led to five strategies being proposed for possible consideration by small businesses for the improvemen...

Demand for Foreign Exchange Reserves in India: A Cointegration Approach¿

Using cointegration and vector error correction approach, we estimate India's demand for foreign exchange reserves over the period 1983-2005. Our results establish that the ratio imports to GDP, the ratio of broad money to GDP, exchange rate flexibility and interest rate differential determine India's long run reserves demand function. Our empirical results show that reserve accumulation in India is highly sensitive to capital account vulnerability and less sensitive to its opportunity cost. ...

Economic Growth and Volatility in Indian Stock Market: A Critical Analysis

Stock market volatility is an important concept for understanding the investors' responsiveness, and thereby it facilitates to work on investment strategy. This paper examines the volatility in Indian stock market of daily and monthly return for the period from January 1996 to December 2005 with three different point of views - volatility of daily return in a year, volatility of daily return in a month, and volatility of monthly return in a year with respect to economic growth. For the analys...

Nature and Extent of Diversification: A Comparative Study of Mncs and Domestic Companies in India

This paper presents a comparative study of the nature and pattern of diversification of domestic and multinational companies (MNCs) in India dunng 1995-2004. Out of 252 companies selected from BT-500 "India's most valuable companies" published in Business Today, 208 companies are Indian companies while remaining 44 constitute MNCs. There exist both similarities and dissimilarities in the diversification strategies of the two groups of companies. Both the groups prefer the strategy of diversif...

New Product Launch Strategies: Insights From Distributors' Survey

This paper attempts a study on the determinants of success of a new product launch based on a survey of distributors. The study covers three new product launch strategies - Line Extension, Brand Extension and New Brand Entry. The findings capture the determinants of success of a new product launch using regression analysis. The study confirms that pull factors play an important role in determining the success of a new product as compared to the push factors. The findings also suggest that the...

Changes in Women's Dress Preference: An in-Depth Study Based On Lifestyle and Age

Indian women's wear industry is a lucrative one to explore. In terms of value, this industry has been estimated to be of size around $4bn with an annual growth rate of around 9%. Earlier, the market was almost completely in the hands of the unorganized sector. In the organized sector, it had very few branded players like Allen Solly, Raymond and Indus League. To fill up this sizeable vacuum and avail the growth opportunity, marketers need to know the emerging dynamics of Indian women's mindse...

The Offshore Nation: The Rise of Services Globalization

The Offshore Nation: The Rise of Services Globalization, by Atul Vashistha and Avinash Vashistha, is reviewed.

Management in India: Trends and Transition

Management in India: Trends and Transition, by Herbet J. Davis, Samir R. Chatterjee and Mark Heuer, is reviewed.

Case Study

Supply Chain Characteristics of the Petroleum Industry: The Indian Context

The process industry forms an important component of the Indian economy. The petroleum industry in particular plays an important role in the economic development of the country. After liberalization of this industry, performance of its supply chain has become all the more important. This paper looks at the importance of supply chain management in the process industry and further tries to distinguish the petroleum industry from normal discrete manufacturing industry. The unique features of pet...

Book Reviews

The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits

The Fortune at the Bottom of the Pyramid: Eradicating Poverty through Profits, by C K Prahalad, is reviewed.