Volume
XXXIV
Number 4 •April 2004 |
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Awareness and Perception of Educated Consumers
about Consumer Protection Laws |
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A
consumer is one who buys any goods or services, by paying its price,
either for his own consumption or for his livelihood. Therefore,
every body is a consumer in one or the other way. Philosophers and
thinkers have regarded consumer as the base of every business. No
business activities move in the country without the presence of
consumers. But still it is a common practice that businessmen
exploit the consumers as regards to quality, quantity, weight, price
and other related factors involved in the daily business
transactions. It was estimated that "The Indian consumer is
being cheated by about Rs. 2000 crores every year".
Legal
environment is the most important factor in protecting the interests
of the consumers. If proper support of law does not exist, the
consumer cannot be defended in the court of law. For the protection
of consumers, from time to time, the Government of India has enacted
several laws. Presently there are more than 20 laws in the country
either directly or indirectly protecting the interests of the
consumers. But the million Dollar question is whether Indian
consumers have the knowledge about these laws? Are they able to get
benefit under these laws by exercising their rights, given under the
respective Acts? The researchers try to answer these questions
through the present paper. |
Dr.Basavaraj C.S
Reader
Department of PG Studies & Research Gulbarga
University,Gulbarga Karnataka |
Shrimant
F.Tangade
Research Scholar
Department of PG Studies & Research Gulbarga
University,Gulbarga Karnataka
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Outsourcing – The New Paradigm
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The faster growth of communication and the Internet facilities have
made the whole world as one market. The business enterprises are
modifying and changing their strategic positions due to the
increased pressure of the globalization, cut throat competition
existing in the market and the general depression in the economy of
the countries. With a view to ensure the profitability in the
operations of the enterprises and to regain the competitive
advantages, they have to find out new and efficient ways of
utilizing their energies both in terms of resources and core
competence. With a view to minimize cost and achieve efficiency, the
companies are outsourcing their functions. In order to gain cost
advantage and competitive advantage, the companies determine the
whole activities as core and non-core activities and also find out
the activities, where outsourcing is possible. |
Prof.R.Vijay Kumar
Senior Faculty
GRD School of Commerce & International
Business Coimbatore,Tamil
Nadu |
Prof.
G. Thamizh Chelvan
Senior Faculty GRD School of Commerce & International
Business
Coimbatore,Tamil
Nadu
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Tupperware Products – Perception of Users in
Chandigarh
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With
the onset of liberalization, privatization and globalization, a
revolutionary trend is reflected in the Indian homes. The changed
family structure, increased number of working
women and high disposable incomes has changed the lifestyle of the
modern urban Indian. Paucity of time has set people looking
for more convenient products. These help in maintaining a desired
life style. Besides, an increasing consciousness about health and
hygiene, status and right to pamper the self has also contributed to
the change in the thought process with regard to spending the money
earned and the aspired quality of life.
Markets
are flooded. The
Consumer has a choice. Competition is continuously rising at all
levels. Be it price, range, geographic spread, substitute and
generic products, the clutter has become an uncomfortable din for
the customer. All sellers are making special and unique attempts to
stand out and seek attention of the consumer .The customer on the
other hand has suddenly realized his status as the 'king' driving
the competition.
|
Dr.Smriti
Sood
Reader
University Business School Chandigarh |
Ms.Shabnam
Priyadarshini Mrs.Anita Sharma University Business School
Chandigarh
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Managing Supply Chain
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Fast
delivery is critical in most markets today. Many companies try to
meet their market demand by carrying higher inventories. Inventory
is a hedge against lead-time. Higher levels of inventory are often
maintained because the company is unable to produce the material
within the time demanded by the market. Analyzing the processes in
supply chain can identify the causes and facilitate solutions to
reduce overall throughput time. Compressing time, the chain of
events from the time a customer places an order until the order is
satisfied can provide a competitive edge without the burden of
carrying excessive inventory. A supply chain is the process of
moving goods from customer order through the raw materials stage,
supply, production, and distribution of products to the customer.
Supply chain in organizations vary depending upon the size of the
organization and the type of product manufacturing. These networks
obtain supplies and components, change these materials into finished
products and then distribute them to the customer. Managing the
chain of events in this process is what is known as supply chain
management. Effective management must take into account coordinating
all the different pieces of this chain as quickly as possible
without losing any of the quality or customer satisfaction, while
trying to keep costs down. |
Ms.M.V.Subha
Lecturer
Guruvayurappan
Institute of Management
Coimbatore,Tamil Nadu |
Factors Determining the Brand Preference of TV
– With Special Reference to Thoothukudi District in Tamil Nadu
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The topic of brand preference has drawn
substantial attention in recent years, as a field of study and it is
fair to say that much has been learned. It is a dynamic field and
many discoveries are still to be made. The study of brand preference
poses important problems for both marketers and consumers. The brand
preference of consumer durables is largely influenced by a number of
factors such as advertisement, price, quality, performance,
after-sales service and the like. These factors play a vital role in
the decision-making process and in the brand preference. In this
article, an attempt is made to analyze the factors determining the
brand preference of TV. |
Dr.K.Ravichandran
Reader
Department of Management Studies Madurai
Kamaraj University Madurai,Tamil Nadu |
Mr.S.
Narayanarajan
Selection Grade Lecturer Department of Business Admn
Aditanar
College of Arts and Science Tiruchendur, Tamil Nadu
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An Evaluation of Consumer
Awareness in Rural Markets
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This paper deals with the
extent of awareness in the rural markets of India. It presents the
"Gold" available in this steadily growing market, which
has been going great guns since the 1980's and is now bigger than
the urban market for both FMCG's and durables. (The former with 53
percent share and the latter with 59 percent of total market.) The
annual size of the rural marketing value terms is currently
estimated at around Rs. 50,000 Crore for FMCG's, Rs. 5000 Crore for
durables, Rs. 45000 Crore for Agri Inputs and implements and Rs.
8000 Crore for automobiles. A rural Consumer has proved to be very
potential in terms of purchasing power though he is branded as
illiterate by the census definition. He is not at all unintelligent
but quite intelligent as is proved in this study.
The
study is an empirical research based on survey method. The data has
been collected through a questionnaire. The survey is intended to
seek information about the buying experiences of those rural
consumers who have been widely purchasing goods and services. Ranga
Reddy Dist. in Andhra Pradesh has been chosen for the study. Ten
villages have been selected for this purpose. Agriculturists,
Businessmen, Professionals, Homemaker’s have been included in the
sample. Altogether, a sample of 125 consumers has been selected for
the study. |
Dr.Y.Krishna
Mohan Naidu
Pragathi
Mahavidyalaya
Hyderabad |
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Strategies of Supply Chain
Management in the Global Economy
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Businesses
the worlds over are struggling to sustain competitiveness in a
globalized economy. They are at present in the midst of a
revolutionary transformation: that of competition shifting from
industrial age to the information age. Information age competition
has initiated some unique challenges, which the businesses have to
cope up with. Business environment's uncertainty has become a way of
life. Accordingly, companies are finding it even more difficult to
predict changes in their competitive environment. Customers are
becoming competitors; competitors are becoming partners and
unconventional competition is emerging. Businesses, however, must go
on despite dramatic new business environments, that are at present
not well understood.
|
Dr.B.Raja Shekhar
Lecturer
School
of Management Studies University of Hyderabad Hyderabad |
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Impact
of Consumer Involvement on Buying Decisions – A Conceptual Frame
Work
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Consumer involvement refers to the intensity of
interest with which consumers approach the market place. It is
related to the consumer's values and self-concept, which influences
the degree of personal importance ascribed to a product or
situation. Consumer involvement varies across different individuals,
products, brands and situations. Today, the manufacturers are facing
severe competition in marketing their goods and services. As such,
there is the need to understand the impact of consumer involvement
in buying decisions. A thorough knowledge of various factors that
influence the involvement level of the consumers is also needed; The
purpose of this paper is to discuss the conceptual framework
regarding the impact of consumer involvement on buying decisions. |
Prof.R.Sudarshan
Chairman
Board of Studies in Commerce & Business Management Kakatiya
University Warangal,Andhra Pradesh |
G.Sridhar
K.Arun Jyothi Research Scholar
Department
of Commerce & Business Mgmt Kakatiya
University,Warangal Andhra Pradesh
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Challenges and Strengths of Supermarket
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As progress
moved across America in the late 1800's and early 1900's, millions
of bright men and women opened Main Street stores. The first half of
the twentieth century saw the arrival and the growth of large retail
giants. This new group of discount stores redefined value and
varieties with low prices and wide inventories. Though, the arrival
of supermarkets in India was a bit late but they are fast becoming
the rage amongst the retail enthusiasts.
There are several obvious reasons for the burgeoning growth
of the supermarkets, One, which is very obvious is that earlier
assembling large parts of land in locations which offered good
connectivity to the rest of the city was a difficult task. Today
some of the bottlenecks are gradually easing.
|
Raju
M.Rathod
Lecturer
P.G.Dept of Business Studies
Sardar
Patel University,Gujarat |