...Desilyn Forbes, Seyed Saboohi, Shailin Suthar MKT/571 November 18, 2012 Armando Salas-Amaro iOn Tablet:Price strategies and Channel As technology becomes more advance and more efficient, Ion will service the medical fields in Canada. This will allow the doctors as well as hospitals to save time and will save the medical community money in administrative cost. The advancement of the tablet will help the community to place all documents related to patients, billing, and several other things in the computer system. The tablet will be easily accessibility by nurses and related officials to being fast, easily held, and the maneuvering within a doctor’s office or a hospital. The iOn will help Canada medical field to achieve this objective. Justification Market Sustainability Emerging technologies, particularly in the field of information and communications, are considered to be key drivers of future economic growth and present opportunities for the Greater Toronto Area (GTA) to attract foreign direct investment” (Global Research Study, 2011). Mobil technology sector is expected to revolutionize communications and business. The mobile applications market alone is expected to be US$58 billion worldwide business by 2014.The technology market is one of the hottest markets for Canada. The market has the infrastructure and strengths that support the technology development and supporting industries. In addition, Canada will be a great foreign investment opportunity...
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...I. HISTORY OF DEVALUATION OF INDIAN RUPEE (INR) AND ITS IMPACTS ON INDIAN ECONOMY In a fixed exchange rate regime the term ‘Devaluation’ is used. It means a deliberate downward adjustment of a country's official exchange rate by its government i.e. central bank (RBI in India) relative to other currencies; Where as in floating or fluctuating exchange rate currency's value is allowed to fluctuate according to the foreign exchange market. In this case, it is known as Depreciation. There are two implications for currency devaluation. * First, Devaluation makes a country's exports relatively less expensive for foreigners and * Second, it makes foreign products relatively more expensive for domestic consumers, discouraging imports. As a result, this may help to reduce a country's trade deficit. Revaluation: This term is used in a fixed exchange rate regime; it means a deliberate upward adjustment to a country's official exchange rate relative to other currencies. In floating exchange rate, it is known as Appreciation. The Liberalized Exchange Rate Management System (LERMS): LERMS was introduced in March 1992 involving the dual exchange rate system in the interim period. The dual exchange rate system was replaced by a unified exchange rate system in March 1993. History of Devaluation The Indian rupee, which was on par with the...
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...of time. India could be able to secure respectable rates of growth even post-crisis years (except last two years 2012-13 and 2013-14), which were the second highest in world after China. The recent revision has improved the GDP growth rates of the last three years as well, though it raises the suspicion about its accuracy owing to opposite evidences at other fronts. This was mainly because of the domestic-led demand of the Indian economy and stimulus measures initiated by the government at the fiscal and monetary policy levels. However, the exports of India suffered a great deal as a result of the sagging demand in the world economy in general and its main trading partners’ economies in particular. During 2015-16, India's exports of goods shrank by nearly a quarter in September from a year ago, falling for a 10th straight month and threatening Prime Minister Narendra Modi's goal of boosting economic growth through manufacturing. "We see no signs of revival in exports in the near future," said Ajay Sahai, director general of the Federation of Indian Export Organisations. "We will be lucky if exports could even touch $265 billion to $270 billion for the whole year." This is in-spite of the slew of measures to boost up the exports. The last measure to promote the exports included the concession granted to exporters on loans meant for exports . Other schemes include Merchandise Exports From India Scheme( MEIS), Services Exports From India Scheme (SEIS), Duty Exemption and Remission...
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...Hao A2319 ( India ) MBA 531 International Financial Management. Prof. Jayant Kanitkar. INTRODUCTION : Introduction Of China : During the period from 2007 to 2011, the whole world has been suffering from global economic recession and financial crisis. From US subprime to EU sovereign debt crisis, China, as the second largest economy in the world, experienced internal and external economic impacts. In the year of 2007, China’s economic development reached its pick. With the expectation of CNY appreciation, hot money flooded into China. As a result of this, the price of investment asset surged up sharply. The housing price tripled, and the Shanghai stock index reached to a historical level of 6300 from less than 3000 with in one year. The wealth effect from the high investment asset price stimulated consumption. Moreover, China was keeping its high net exports trading volume and fixed asset investment. The GDP growth rate exceeded 10%. However, the financial bubble broke in the US, and a chain reaction directly affected China. In 2008, all economic indictors shown that China’s development slowed down. Stock market can be regarded as the forecaster of economic. The Shanghai stock index dropped to 1900 from 6300. Affected by recession in international trading partners, the export also decreased sharply. Facing these problems, Chinese government proposed a basket of economic stimulation plans. The most influential one is the CNY 4000 billion infrastructure investment...
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...Project Report on US Recession and its Impact on Indian Economy Submitted to Prof. V.P.Singh Submitted By Sona Nair 38 Shrenik Shah 54 MansiKinjawdekar 32 ParleTilakVidyalaya’s Institute of Management Dixit Road, VileParle East,Mumbai-400057 Index Sr.no Table of Contents Page no 1. Introduction 2. Factors affecting Recession 3. Impact on Indian Economy 4. Corrective Steps taken to check Recession 5. Case Study- 6. Conclusion 7. Executive Summary 8. Bibliography INTRODUCTION What is Recession? A recession is a contraction phase of the business cycle. The official agency in charge of declaring that the economy is in a state of recession is the National Bureau of Economic Research (NBER). They define recession as a “A period of falling economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.” This is normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. For this reason, the official designation of recession may not come until after we are in a recession for six months or even longer. Some economists also suggest that a recession occurs when the natural growth rate in GDP is less than the average of 2%. Typically, a normal economic recession lasts for approximately 1 year. The newspapers in America often quote theThumbRulethat...
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...Business communication Project On [pic] Submitted to Ms. Aastha dewan Prepared by:- Kaushal Dugar Ruchir Rahul Harsh Gupta Jitisha Malhotra INDEX |Serial no. |Topic |Page no. |Remarks | |1 |Acknowledgements | | | |2 |Introduction | | | |3 |Effects of inflation | | | |4 |Causes of inflation | | | |5 |Controlling inflation | | | |6 |Current situation of inflation in India | | | |7 |Extracts of the Reserve Bank of India’s document released on | | | | |July 28, 2008 ...
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...Descriptive Topics for IBPS PO 2012 The best way to inspire and involve the Indian youth in making India an upcoming economic power is for all political parties to engage themselves in politics of development. In your well-considered opinion what measures should be adopted to achieve the goal. Needless to reiterate and reaffirm that India needs politics of development rather than the politics of polemics and populism. More than ever before, both people and political parties should see to it that they work for harmony and not for acrimony among people professing different faiths and practising varied ways of conduct and character in their day to day lives. No other concern and consideration should weigh on the perceptions and priorities of politicians, programmers and planners, except those that enhance developmental activities in all walks of life and ultimately help improve quality of life of those subsisting at the lowest levels of our socio-economic ladder. It is time now that political parties of every hue and hype focused their manifestos, programmes and policies on developmental vision and pragmatic approach and action to achieve the goals of social justice. There is no denying that the most effective measure in this direction is the involvement of youth in developmental activities and a harmonious harnessing of their youthful energies and enthusiasm. For this to happen on the ground, we, as an upcoming nation, need to orient ourselves towards development, whether on farms...
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...A REPORT ON THE EFFECT OF FISCAL DEFICIT ON WHOLE SALE PRICE INDEX IN INDIA Submitted by, Group 7 – Sec A Ankit Rout (U111007) Chinmaya Swain (U111017) Kavindra Sharma (U111027) Nikhil Lukose (U111037) Samik Bhattacharjee (U111047) Swarup Kumar Mishra (U111057) ------------------------------------------------- ACKNOWLEDGEMENT We would like to express our whole-hearted gratitude to all those who have helped with the report or have been associated with the report in any way and made it a worth-while experience. We are greatly indebted to our batch mates and our seniors for having shared their invaluable thoughts and opinions that went a long way in helping us gather information and analyse issues for the report. And, a special mention of Professor Latha Ravindran, whom we cannot thank enough for having given us the opportunity and her total support for working on this project and completing our report. Thank you. INtroduction For the last several years the GDP of India has been growing rapidly. The real GDP growth of India averaged 8.5% in the five years ending March 2010. But at the same time food price inflation and consumer price inflation too have been on the increasing curve. The relationship between fiscal deficit and inflation which is measured by WPI in India is an important issue in macroeconomics study. The main purpose of the study is to analyze the relationship between budget deficit and Whole Sale Price Index. The fiscal deficit...
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...economist and logician John Neville Keynes, John Maynard Keynes, born in 1883, was bred in British elite institutions - Eton and then King's College Cambridge. During his freshman year at Cambridge, Keynes was invited to join an intellectual group called "The Apostles" that met periodically to discuss literary, philosophical, political, and aesthetic questions. Through his association with the Apostles, Keynes became introduced to the philosophy of G. E. Moore; critics note the pervasive influence of Moore's Principia Ethica on Keynes's A Treatise on Probability, his only philosophical work, as well as on his economic methodology. His first book on Indian currency (1913) was directly related to his experience at the India office. From 1914 to 1918, J.M.K. was called to the UK Treasury to assist with the financing of the British war economy. He excelled at his job and the influence he gained earned him a position with the British delegation to the Versailles Peace Conference in 1918. J.M.K was appalled at the vindictive nature of the peace settlement, and was particularly opposed to the devastating consequences of the heavy "reparations" payments imposed on Germany. He resigned from the conference and published his Economic Consequences of the Peace (1919), denouncing the Treaty of Versailles and bringing him into the public spotlight. After returning to Cambridge, Keynes published his Treatise on...
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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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...Intellectual Property Rights 2014 1.Intellectual property rights: US set to punish India The Indian embassy in Washington DC too scheduled a briefing by its economic and commerce wings soon after the expected US action. TNN | Feb 10, 2014, 10.28PM IST WASHINGTON: It's not looking good between New Delhi and Washington. Tensions over the Khobragade episode are yet to fully dissipate, but the two sides are locking horns again over intellectual property rights. The Obama administration is scheduled to announce unspecified ''trade enforcement action'' against India on Monday evening (Tuesday am IST) Washington time. United States trade representative (USTR) Michael Froman and general counsel Timothy Reif will hold a news conference to announce action related to India, the USTR said earlier in the day in a head's up to journalists. The Indian embassy in Washington DC too scheduled a briefing by its economic and commerce wings soon after the expected US action. All this comes ahead of a re-scheduled visit to New Delhi of US energy secretary Ernesto Munoz, which was postponed from January because of the Khobragade row. 2.Hurdles in business growth forcing entrepreneurs to mass exodus Krithika Krishnamurthy, ET Bureau Mar 28, 2014, 04.30AM IST * (Starting up in India is easy…) Within the next six months, Bangalorebased technology entrepreneur Jay Krishnan will be heading east in search of a better place to locate his fast-growing business...
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...gaps. · They are well known as building blocks of the global community and as contributors to economic production, employment, institutional innovation, and technology. · They work for the people and enjoy support of a lot of people. They support people and work represents their voice. · In most cases NGO’s prove to handle issues much better than the government, however, they cannot replace the government. · Even today, unfortunately there many NGO’s that produce fake papers and work and take support from government. · If NGO’s can work for people’s interest without any intention of money and profit, they can be a better substitute of the government. China market - a threat to Indian market China has always been compared to India in terms of population and technological advancements. China undoubtedly has a humongous software market, but is definitely not a threat. · India has its own unique power and intelligence. · Indian IT companies have captured Asia and Japan as well. · India is becoming one of the world’s largest internet and mobile user’s country. · India’s mobile market is growing by leaps and bounds. · Most countries prefer employees from India rather than China because of communication barrier. English is spoken by almost all IT industries in India. · India has a large consumer and industrial market, all thirsting for products, with great brands and distribution networks. For There is no doubt that India may take many years to have a market...
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...SYLLABUS INDIAN BUSINESS ENIRONMENT MBA–2nd SEMESTER, M.D.U., ROHTAK External Marks : 70 Time : 3 hrs. Internal Marks : 30 UNIT-I Nature, components and determinatnts of business environment; basic nature of Indian economic system; relation size and growth of public and private corporate sector, social responsibility of business; broad features of India's now economic policy. UNIT-II Trend and pattern of industrial growth; review of industrial policy developments; industrial licensing policy; liberalisation of the private sector; trends and issues in corporate management; growth and problems of the small scale sector; public sector reforms and privatisation the problem of industrial sickness; MRTP Act, SICA and Industrial Disputes Act. UNIT-III Development banks for corporate Sector (IDBI, IFCI, ICICI) - trends pattern and policy; regulation of stock exchanges and the role of SEBI; banking sector reforms, challenges facing public sector banks; growth and changing structure of non bank financial institutions; problem of non performing assets in Indian Banks. UNIT-IV Trend and pattern of India's foreign trade and balance of payments; latest EXIM policy-main features; policy towards foreign direct investment; globalisation trends in Indian economy; role of MNC's; India's policy commitments to multilateral insitiutions - IMF, World Bank and WTO. NOTE : The question paper will be set by the external examiners. The external examiner will set 8 questions...
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...It leads to risk of exposure as in crowd funding requires us to expose project details on the Internet, potentially giving your competitors inside information about your business. In certain situations crowd funding can even expose your company to securities violations. 6. By putting less funds of their own skin and no longer facing investors one-on-one, entrepreneurs lose out on the truly valuable step of convincing others. Literature Review Armin Schwienbacher & Benjamin Larralde In this article they have discussed that when does it makes sense for SME’s to use crowdfunding rather than another source of finance. Some major characteristics of ventures emerged in this article are as follows:- 1. Raise reasonably low amount of capital. 2. It should be interesting project to offer to the prospects. 3. They should have willingness to share their skill sets with others. 4. They should know how the controls of Web 2.0 works. Moreover in this article it has...
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...SYLLABUS INDIAN BUSINESS ENIRONMENT MBA–2nd SEMESTER, M.D.U., ROHTAK External Marks : 70 Time : 3 hrs. Internal Marks : 30 UNIT-I Nature, components and determinatnts of business environment; basic nature of Indian economic system; relation size and growth of public and private corporate sector, social responsibility of business; broad features of India's now economic policy. UNIT-II Trend and pattern of industrial growth; review of industrial policy developments; industrial licensing policy; liberalisation of the private sector; trends and issues in corporate management; growth and problems of the small scale sector; public sector reforms and privatisation the problem of industrial sickness; MRTP Act, SICA and Industrial Disputes Act. UNIT-III Development banks for corporate Sector (IDBI, IFCI, ICICI) - trends pattern and policy; regulation of stock exchanges and the role of SEBI; banking sector reforms, challenges facing public sector banks; growth and changing structure of non bank financial institutions; problem of non performing assets in Indian Banks. UNIT-IV Trend and pattern of India's foreign trade and balance of payments; latest EXIM policy-main features; policy towards foreign direct investment; globalisation trends in Indian economy; role of MNC's; India's policy commitments to multilateral insitiutions - IMF, World Bank and WTO. NOTE : The question paper will be set by the external examiners. The external examiner will set 8 questions in all, selecting not more...
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