...content is not to be construed in any manner whatsoever as a substitute for professional advice. IMaCS and NSDC neither recommend nor endorse any specific products or services that may have been mentioned in this report and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed in this report. Neither IMaCS nor NSDC shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this report. Human Resource and Skill Requirements in the Gems and Jewellery Industry Study on mapping of human resource skill gaps in India till 2022 Human Resource and Skill Requirements in the Gems and Jewellery Industry Table of Contents 1. Environment Scanning and Competitiveness of the Gems and Jewellery sector...
Words: 16187 - Pages: 65
...compared with fields like commercial entrepreneurship or family firms) potential subjects for those wanting to study founders of social ventures. Moreover, due to the global nature of the field, social entrepreneurs tend to be a disbursed group. Add to this the fact that there is little government-mandated public information on most social enterprises (as is the case with publically-traded firms, for example), and one can understand why few empirical studies on social entrepreneurship have gone beyond case studies. This is evidenced by a recent study by Short, Moss & Lumpkin (2009) which found only 16 papers published on the topic which utilized quantitative methods and most of those employed only descriptive statistics (e.g. means, medians, ranges). While theoretical pieces and case studies have added significantly to our understanding of social entrepreneurship, the dearth of quantitative research on the topic is extremely troubling. Without such research, our findings lack the generalizability needed to prescribe best practices to disparate social entrepreneurs. Additionally, the problems inherent in collecting data on social entrepreneurs and enterprises both discourages scholars from joining the field and limits the types of studies and publication outlets available to those that do. For these reasons, I believe that the lack of SocEnt data and quantitative studies are the biggest threats to the growth and impact of the field. The aim of this page is to provide links to...
Words: 1820 - Pages: 8
...EXPORT-IMPORT BANK OF INDIA OCCASIONAL PAPER NO. 138 INDIAN GEMS AND JEWELLERY: A SECTOR STUDY EXIM Bank’s Occasional Paper Series is an attempt to disseminate the findings of research studies carried out in the Bank. The results of research studies can interest exporters, policy makers, industrialists, export promotion agencies as well as researchers. However, views expressed do not necessarily reflect those of the Bank. While reasonable care has been taken to ensure authenticity of information and data, EXIM Bank accepts no responsibility for authenticity, accuracy or completeness of such items. © Export-Import Bank of India Published by Quest Publications February 2010 CONTENTS Page No. List of Tables List of Exhibits List of Boxes Executive Summary 1. 2. 3. 4. 5. 6. 7. 1. 2. 3. 4. 5. Introduction Raw Material Base: Global scenario International Trade in Precious Metals, Gems and Jewellery Profile of Select Countries Status of Precious Metals, Gems and Jewellery Industry in India Market Analysis Challenges and Strategies World Gold Demand Production of Diamond in the World and in India World Exports and Imports (2007) of Select Precious Metals, Gems and Jewellery India’s Major Export Destinations and Import Source Countries of Precious Metals, Gems and Jewellery (2008-09) Members of Kimberley Process 5 7 9 11 30 32 41 47 61 84 93 108 109 110 113 116 Annexure Project Team: Mr. S. Prahalathan, General Manager, Research & Planning Group Ms. Renuka Vijay...
Words: 35353 - Pages: 142
...Expense If we imagine buying something, such as groceries, it's easy to picture ourselves standing at the checkout, writing out a personal check, and taking possession of the goods. It's a simple transaction—we exchange our money for the store's groceries. In the world of business, however, many companies must be willing to sell their goods (or services) on credit. This would be equivalent to the grocer transferring ownership of the groceries to you, issuing a sales invoice, and allowing you to pay for the groceries at a later date. Whenever a seller decides to offer its goods or services on credit, two things happen: (1) the seller boosts its potential to increase revenues since many buyers appreciate the convenience and efficiency of making purchases on credit, and (2) the seller opens itself up to potential losses if its customers do not pay the sales invoice amount when it becomes due. Under the accrual basis of accounting (which we will be using throughout our discussion) a sale on credit will: 1. Increase sales or sales revenues, which are reported on the income statement, and 2. Increase the amount due from customers, which is reported as accounts receivable—an asset reported on the balance sheet. If a buyer does not pay the amount it owes, the seller will report: 1. A credit loss or bad debts expense on its income statement, and 2. A reduction of accounts receivable on its balance sheet. With respect to financial statements, the seller should report its estimated...
Words: 5367 - Pages: 22
...competitive. Therefore it needs to expand its business and it feels with the increased volumes of sales it would be able to lower its prices and become more competitive. It retained a $4 million dollar loan from Bonza Bank Ltd. $3 million is used to buy more stock and $1 million is used to buy a large new warehouse and showrooms from Space Solutions Pty Ltd. However, there are few directors were not really care about the company. Colin was not present at the meeting when these decisions were made. Elizabeth had not attended the meeting as usual but signed the requisite documentation agreeing to the expansion of the business and the getting of the loan. Diana who attended, said she did not know if she agreed and abstained from voting. Andrew and Brian both voted to go ahead with the expansion and the getting of the loan. At about this time Brian had established contact with Victor, who was setting up a new business as a jewellery retailer. Victor was looking for reliable suppliers, but said he would not deal with Pandora Diamonds and Gems Pty Ltd as he did not like Andrew, the Managing Director. Not wishing to miss out on such a lucrative business opportunity, Brian arranged to set up his own business as a jewellery wholesaler and a contract was entered into between Victor and Brian for the supply of jewellery. Six months later, Brian resigned as a director of Pandora Diamonds and Gems Pty Ltd. At the same time it was clear the company had over-extended itself and was insolvent and...
Words: 2748 - Pages: 11
...SEC280 Week 6 Assignment – Joseph Ercole Case Study: Creating an IDS Policy. As the need to secure corporate networks continually increases, the task of ensuring the security of sensitive company data so that it is not compromised becomes increasingly difficult with each day. Gem Infosys, a small software company, has decided to secure their computer systems. The organization uses ten PCs and a broadband connection to the Internet. The management at Gem needs to formulate an IDS policy. We need to identify the steps to be performed when formulating the IDS policy. One of the best ways to protect company networks and data from attackers is to have an Intrusion Detection System in place. Today, IDS’s are an integral part of many organizations’ network infrastructure. But having the IDS in place and not understanding why it’s in place, how it works or who will deploy and run it or how to respond in the event of an attack is counter-productive to its existence. This is why we need to formulate the IDS policy. Before the IDS is deployed, we will create a basic outline of what we are trying to accomplish with the IDS and from there, devise a strategy. So, what are we protecting the network from and how strict will we make accessibility? Sometimes beginning with the end in mind is a good way to execute the first step of any plan or strategy. Knowing how tightly or loosely you want to allow traffic to flow on the network in order to have better control over it is a good start. We...
Words: 831 - Pages: 4
...INDEX 1. INTRODUCTION 1.1. 1.2. BACKGROUND ENVIRONMENT OF ENTREPRENEURIAL 2. THE IMPORTANCE OF SMEs 3. ROLE OF ENTREPRENEUR 4. ENTREPRENEURSHIP. International 5. INTERNATIONALIZATION PROCESSES. Theories. 5.1. 5.2. UPSALA MODEL. HECKSCHER-OHLIN MODEL 6. THE PROCESS OF INTERNATIONALIZATION 7. ENTREPRENEURIAL MARKETING 7.1. 7.2. 7.3. SWOT ANALYSIS MARKET ENTRY STRATEGY COOPERATION STRATEGY 8. TARGET COUNTRY 9. GEM 10. GOVERNMENT SUPPORT 11. CONCLUSION 12. RECOMMENDATIONS 13. REFERENCES 1. INTRODUCTION: For this work I decided to open in France Cocoon clothing company, located in Granada, retailing, I have chosen these two countries because they are within the top 5 countries of the European Union in the textiles sector and are two major countries with major fashion catwalks. I chose this company because it is a small company, and is a women's clothing store that has clothes very hard to find in other stores. I chose the fashion industry especially because according to my previous studies I think it's an everchanging industry in terms of fashion and is an area in which the image is very important in Spain. Cocoon is a shop that sold clothing especially at night but you can also find jeans, skirts, blouses, accessories, handbags and more clothing at prices that will chord with our product quality. Cocoon is a very experienced workers and always try to help the customer find what you want, is a company with more than 16 years of experience in this sector. 1.1...
Words: 3659 - Pages: 15
... Abstract The purpose of this paper is to discuss the Hong Kong company of KingJewels. Their ethical leadership in practice will be discussed at length. The author will attempt to discuss the leadership style and how it contributed to unethical behavior, proper segregation of duties may have prevented the fraud, the company’s compensation program that probably contributed to the fraud, how culture may have influenced the behavior towards revealing the fraud, and recommendations of how Mai Won should proceed. To understand the company KingJewels, let us discuss a little history of the company and its owner, Andy Wong. Mr. Wong started in the jewelry business from the bottom as an apprentice and worked his way to the top as sales and sourcing manager of an international jewelry before starting his own business. “He recognized that his company had the potential to expand and internationalize its business further by focusing on jewelry design and technology, and on overseas markets. KingJewels specialized in sourcing, trading, and manufacturing precious gemstones. It prided itself on its fashionable and affordable jewelry products. While Wong had successfully turned KingJewels into a highly competitive business, he left KingJewels internal management to Clement Tam, operations manager”. (Capstone p.96) In January 2006, after the books were closed for the year, some irregularities were found by a key staff member. It was discovered that a key member of upper...
Words: 1624 - Pages: 7
...Foreign Trade Policy 27th August 2009 - 31st March 2014 Government of India Ministry of Commerce and Industry Department of Commerce Website: http://dgft.gov.in ii TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION-3, SUB SECTION (ii) GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE NOTIFICATION No. 1/2009-2014 NEW DELHI, THE 27th August,2009 In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act,1992 (No.22 of 1992) read with paragraph 1.2 of the Foreign Trade Policy, 2009-2014, the Central Government hereby notifies the Foreign Trade Policy, 2009-2014 as contained in Annexure to this notification. The Policy shall come into force w.e.f. 27th August, 2009. This issues in Public interest. ( R. S. Gujral ) Director General of Foreign Trade and Ex Officio Additional Secretary to the Government of India (Issued from F.No. 01/94/180/Foreign Trade Policy/AM10/PC-4) iii iv FOREIGN TRADE POLICY 2009-14 FOREWORD The UPA Government has assumed office at a challenging time when the entire world is facing an unprecedented economic slow-down. The year 2009 is witnessing one of the most severe global recessions in the post-war period. Countries across the world have been affected in varying degrees and all major economic indicators of industrial production, trade, capital flows, unemployment, per capita investment and consumption have taken a hit. The WTO estimates project...
Words: 26588 - Pages: 107
...Introduction to Economic Zones “Export else perish “ these are the words of first Prime Minister of India Pt. Jawaharlal Nehru. India being a continent like country having 30 states, more than 1000 languages and world second largest man power having diversified natural conditions right from Rain Forests of Kerala, Ice Mountains of Himalaya, Runn of Kuch to productive land of Bramahaputra has great potentials of world class export worthy products from various industries like Agriculture, Engineering, Chemicals, Software’s, Gems and Jewellry, Pharmaceuticals, Bio technology and many more. During last fifty years, mostly ours exports have been less than our imports and the balance of trade been unfavorable. In 1990-1991 India had faced real pressure on the balance of payment. During this period, exports had stagnated and there was a crisis in foreign reserves which lead to an emergency situation in India. Liberalization policy was announced in June 1991. It is the precious gift of Dr Manmohan Singh to the people of India at a time when the country was in the grip of unprecedented economic crisis and political turmoil. One of the areas in which this policy focused on was on increasing India’s export. And the trickle down effect of these reforms has lead to the advent of SEZ In this age of Globalisation, there is a need for every nation in the world to perform well economically. With the improvements in science and technology and the raising standards of living worldwide...
Words: 20206 - Pages: 81
... ACKNOWLEDGEMENTS The research team wishes to acknowledge the co-operation of the following organisations and individuals that helped attain the goals of the evaluation. 1. National Credit Regulator (NCR) for the opportunity afforded to Underhill Corporate Solutions (the research consultants) to conduct this study “Literature Review on Small and Medium Enterprises’ Access to Credit And Support in South Africa”. 2. Client project managers: Thandile Gubevu and Darrell Beghin, for facilitating the overall project exercise and the useful comments on the draft report that helped shape the format of the final report. 3. NCR board members; for useful and valuable comments on the draft report that helped in the development of detailed and well informed recommendations. 4. Finally, special appreciation to key research team members, namely; i. Edmore Mahembe, ii. Chiara Chiumya, and iii. Peter Mbewe. 2 Table of Contents EXECUTIVE SUMMARY 1 7 INTRODUCTION 13 1.1 13 1.2 2 Introduction Importance of SMEs in the economy 13 STUDY METHODOLOGY 2.1 17 Background 17 2.1.1 Project rationale 17 2.1.2 Problem statement 17 2.1.3 Study objectives 17 2.1.4 Scope of the study 17 2.2 Study Methodology:...
Words: 32474 - Pages: 130
...| Are diamonds investor’s best friend? | Study on polished diamonds as an alternative investment. | | Presented by:Daria GoldobinaStudent number:080006193Supervised by:Anh L. TranIn partial fulfilment of the:BSc Business Studies, Cass Business SchoolDate:24th March 2011I certify that I have complied with the guidelines on plagiarism outlined in the Course Handbook in the production of this dissertation and that it is my own, unaided work.Signature:__________________________________________ | | This work is dedicated to the memory of my beloved grandfather Ivan Smolin. He was a sweet, kind and sensitive man who devoted his life to studying precious stones and metals. He enriched my life with passion to beauty. If God wanted us to bend over he'd put diamonds on the floor Joan Rivers Contents Acknowledgements 3 Executive summary 7 I Introduction 10 Ground for discussion 10 Objectives 10 Methodology 11 II Literature review and hypothesis development 12 Overview 12 Introduction 12 History of diamonds 12 Industry structure 13 DeBeers cartel 15 Diamond valuation 16 Diamond valuation process 16 Determinants of diamond prices 18 Diamond as an investment 19 Types of investment 19 Problems associated with investing in diamonds 20 Benefits associated with investing in diamonds 20 Alternatives to investing in diamonds 23 Hypothesis development 25 III Methodology 26 Data collection 26 Primary research 26 Secondary...
Words: 19903 - Pages: 80
...decision making regarding the entry or expansion into new or existing markets taking into consideration dynamic factors and limitations that could influence the entrepreneur. As Buckley J. and Ghauri N. (1999:85, 86) state, the meaning is used to describe how growth of international businesses is mainly dependant on the ‘inward-outward interlink’, thus acquiring foreign commitment over time through a six dimension pattern. The framework suggests that the success of international companies is linked to foreign operation methods and the change tendency as well as sales objects and targeted markets, organizational structure and personnel together with finance and technology. Therefore, in terms of analysing the start-up for a new venture, entrepreneurs should focus on developing and integrating the abovementioned and as Oviatt and McDougall (2004:31) indicate, gain the competitive advantage through resource utilisation and output sale in multiple countries. In order to achieve that, proactive strategies such as alliances, manufacturing capacity or marketing expertise should be taken into consideration as suggested by Buckley and Casson (1976:4) and consistent with a value added approach rather than asset owned. Therefore, the strategy is more concerned with small and medium size firms which start up locally and then mature to become consistent with the MNE theory and foreign direct investment as (Chandler, 1986:2; Johanson and Vahlne,1977,1990:84) point out. An accurate example emphasising...
Words: 2625 - Pages: 11
... Danapal Ram Vibhakar S [A0120022] [A0119959] [A0119975] [A0119961] [A0120054] A Case study on Business Intelligent and Analytics Systems in NTUC FairPrice Table of Contents Executive Summary ............................................................................................................................. 3 Acknowledgments ............................................................................................................................... 4 1. Introduction ...................................................................................................................................... 5 2. Business Intelligence in Retail Industry: ................................................................................. 6 3. Combining BI in CRM ...................................................................................................................... 7 3.1 Analytical CRM ............................................................................................................................... 7 4. Case Study .......................................................................................................................................... 9 4.1 Customer...
Words: 6362 - Pages: 26
...Decision to Buy a Business in Urban Entrepreneurship: A Process Perspective and Contextual Influence by Edwin Lee, Theresa Lau and K.F. Chan _______________________________________ This paper examines the decision making process of buying a business in urban entrepreneurship. A conceptual framework is developed to explain the buying behavior with reference to strategic decision making process. The: rational, emotional and dependent decision making process is hypothesized to relate to decision outcome of buying a business. When making a strategic decision which involves a large amount of money, other contextual factors also affect one’s decision. Among them, economic environment, relevant experience and investment budget are of particular importance. This paper also examines how the contextual factors affect the decision outcome of buying a business. By understanding the interrelationships, we can make a theoretical and practical contribution to the field of urban entrepreneurship, illustrating how entrepreneurial decision making process and the contextual factors are linked to the outcome of buying a business. _______________________________________ Edwin Lee is the founder and CEO of Hong Kong Business Intermediary Company Limited and a DBA student in Hong Kong Polytechnic University Theresa Lau is the associate professor at Department of Management and Marketing, Hong Kong Polytechnic University. K. F. Chan is the associate professor at Department of...
Words: 4784 - Pages: 20
