Agriculture plays a strategic role in the process of economic development in developing countries especially in India. It is the backbone of an economy which provides the basic ingredients to mankind and raw material for industrialization. The development of agriculture sector is an essential condition for the development of an economy. Risks and uncertainty are always inherent in the agriculture sector. The risks and uncertainty mainly related to production, price and inputs. The present study is an attempt to analyze the trends of the crop insurance schemes implemented in Haryana. To achieve the objective of the study secondary data has been used which collected from the economic survey of Haryana and reports of agriculture insurance company. The period of the study is taken from the commencement to existence of the schemes. The results of the study indicate that all the schemes showing the fluctuating trends. Among the schemes only PMFBY is performing better because it has lowest premium rates in comparison to previous schemes and advanced technology is used for the assessment of crop loss as well as for the calculation of indemnity.
This study examines the relationship between crude oil price on stock market and economic growth nexus, with a focus on Nigeria from 1981 to 2018, using the new autoregressive distributed lag approach (ARDL) to examine cointegration. A major component analysis is used to create three stock market growth indicators. The exposes the influential position of oil price as one of Nigeria's engines for economic development. The study found that the stock market was insignificant in driving economic growth in Nigeria by using inflation and opening trade as moderator for economic activities in Nigeria, which suggested that the performance of the financial sector had been weak. In general, the findings show the dominant position of the crude oil price and the weakness of the stock market by resource mobilization in Nigeria and to stimulate economic development. To achieve sustainable economic development and maximize stock market performance, policymakers in oil exporting countries should monitor crude oil price movement.
Purpose – Based on psychological contract theory, social exchange theory, and work-family border theory, this study examined the role of person-family fit on the relationship between psychological contract and retention of knowledge workers in the IT sector.
Methodology – The survey method was used to collect data from 250 knowledge workers, who were selected using the simple random sampling method.
Findings – Findings proved that psychological contract has an impact on retention of knowledge workers and it also found that the person-family fit played its role as a moderator on the relationship between psychological contract and retention of knowledge workers.
Originality – This study fills the gap identified in social exchange theory. Many previous studies have emphasized the relationship between psychological contracts and knowledge workers but it was unknown the impact of person-family fit on this relationship. Also, the relationship between psychology contract and retention of knowledge workers have not been examined in the Sri Lankan IT industry, and the person-family fit scale was not tested in the IT sector. Future researchers could examine this model in different research contexts.
Limitations – Cross-sectional nature of the study limits the understanding of the identified gap because relationships may change over time.
Implications – This study recommends the organizations in the IT industry look at ways of strengthening the psychological contract with their employees and helping employees to manage both work and family activities.
Inventory constitutes greater proportion of manufacturing firms’ current assets of which water bottling companies are of no exception. Hence, prudent management of such inventory can be of a great source of competitive advantage in relation to maintaining and/or increasing market share. This can be realized if such inventory management systems metamorphosed into enhanced customer loyalty. This study sought to establish whether firms’ inventory management practices have effect on the loyalty of their customers. Five (5) water bottling companies in Ashanti region of Ghana were selected. This study employed an explanatory research design and multiple linear regression analysis to establish such effects. Purposive and convenient sampling technique were used to select 150 staff and 150 customers of from these companies. Primary data were gathered through the use of questionnaires. The reliability and validity of these questionnaires are assessed using Cronbach Alpha and common method bias (total variance explained). Specifically, the findings disclose that lean inventory system and information technology are the dual inventory management systems that have significant positive effect on customer loyalty when we control for customers’ years of work with the company and education. Also, educational background of customers as a control variable has significant positive effect on their loyalty to the firm. The study therefore concludes that, using lean inventory system and information technology as a mixed method for managing inventory can serve as a useful tool for maximizing customers’ loyalty to companies. Also, higher educational rank of customers leads to them becoming more loyal when lean inventory system and information technology are used in managing inventory. The theoretical implication of this paper is that, it is the first of its kind in Ghana to establish how inventory management practices impact on the loyalty of firms’ customers. It also offers insight to firms’ managements on the right approach to inventory management that leads to enhancement of customer loyalty.
Regional integration between the southern Mediterranean countries is a relevant topic despite the arguments against it. Indeed, this article will try to show the various obstacles and advantages for this process. Through an analysis, we have demonstrate a real potential for trade between these countries. This potential can accelerate their integration if it will be exploited correctly. The study period includes the first year of the establishment of the WTO 1995 to the present day.
To clarify this idea we will proceed in a first section to identify the various obstacles that slow down the process of this integration and to mention the favorable factors allowing the development of this southern zone of the Mediterranean. In the second section, based on data taken from the Arab Monetary Fund and based on UNCTAD data, we try to study intra-south mediterranean countries trade during the period 1995-2020 and to identify the real potential existing in this region.