Insights into Economics and Management Vol. 1
Synopsis
This book covers all areas of economics and management. The contributions by the authors include globalization, manufacturing, business cycle, peak-load pricing, output-rate flexibility, currency manipulation, dumping, local taxes, education choice, endogeneity, customer revisit intention, consumer satisfaction, coupon discount rate, demotion cost, price elasticity of demand, consumer behavior, market, moving out profitable products to new division, low level of quality and productivity pinched production, high level of rework throughout factory caused delayed deliveries, launched integrated QPC enhancement programme, successful implementation led to remaining in profit within 3 years, prime product not earning profit, demanded intervention from corporate technology and quality, started with investigation of unknown, zero defect in manufacturing achieved in 3 phases, rework nosedived to near zero, all round improvement of Q, P, C that resulted in earning decent profit accompanied by sharp rise in market share, consumer product, initially earned profit, but once it slipped into loss, organisation transformed into profit making after crossing breakeven point, surveillance audit discovery, glaring fact of delayed deliveries, value added audit technique practiced, paradigm shift of performance within 6 months, evidence-based recruitment, engineering career, sciences and mathematics, marketing model, customer relationship management, customer retention strategies, customer loyalty, customer satisfaction, microfinance, loan default, Sri Lanka, Matugama Divisional Secretariat, developing country, learning models, organizational culture, Texaco, chevron, Examination, COVID-19, impact, industry, response strategy etc. This book contains various materials suitable for students, researchers and academicians in the field of economics and management.
Chapters
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Chapter 1A Numerical Example Illustrating Globalization: Focus should be on Supply for the Peaks
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Chapter 2Modeling the Economic Relationship between Local Taxes and Parental Choice of Education
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Chapter 3Determinants of Consumer Intention to Revisit the Same Restaurant and a Simple Algorithm of Coupon Discount Rate
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Chapter 4Assessing the Economic Impact of Restaurant Coupon Removal on Diners’ Consumption Behavior: A Theoretical Analysis
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Chapter 5Market Arrivals and Prices of Moth Bean in Rajasthan State- A Trend Analysis
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Chapter 6Conceived, Designed and Implemented Integrated Strategy for Product and Process Improvement through Innovative Methods to Ensure that M1 Division of Crompton Greaves Successfully Prevented from Slipping into Loss
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Chapter 7Successful Journey to Zero Defect in Manufacturing through Process Improvement Project in LTCG Division of Crompton Greaves at Nashik that Led to Achieve Profit in Loss Incurring Prime Product
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Chapter 8Successfully Conceived and Implemented “Six Sigma as Strategy” to Transform Perennial Sick Division into Turning Not Only to Earn Profit, But to Achieve Business Excellence Performance in Crompton Greaves Organisation
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Chapter 9Crucial Service of Design Change Rendered at Customer’s Site to Reduce Maintenance that Transformed the Loss Making Unit into Earning Decent Profit
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Chapter 10Successful Creation of Paradigm Shift in Operational Performance of Medium Sized 100% Exporting Organisation through Raising of Value Added Audit Non-conformity
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Chapter 11Focusing on the Factors Influencing Learners' Decisions to Follow a Career in Engineering in South Africa
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Chapter 12Evaluation of Production Efficiency of Rice Producing Indian States: Post Reforms Analysis Using Translog Production Function
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Chapter 13Reporting a Case Study on Customer Relationship Management as a Customer Retention Tool: OK Zimbabwe Limited
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Chapter 14Microfinance Loan Default in Sri Lanka: A Case Study of Matugama Division
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Chapter 15Reporting a Case of Texaco: Impact of Process Oriented Business Culture in Transforming Organizational Performance
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Chapter 16An Examination of the Impact of COVID-19 and Response Strategies Adopted by Businesses