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2757 items in total found

Working Papers | 1978

An Approach to the Design of Corporate Identity

Dholakia Nikhilesh and Bhandari L C

The corporate form of organization is being used in many spheres of economic and social activity. Public enterprises and development corporations have swelled the ranks of the mass of existing private sector companies. All corporations face the problem of evolving, establishing and utilizing a corporate identity. This paper discusses the objectives of corporate identity programmes and an approach to develop such programmes. The effectiveness of selected corporate identification symbols is assessed by a pilot empirical study. Inferences are drawn from this study regarding improvement of corporate identity programmes.

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Working Papers | 1978

Formulating Public Policy for Distribution of Essential Goods: An Analytical Approach

Bhandari L C, Dholakia Nikhilesh, Khurana Rakesh, and Vora M N

Public Policy concerning distribution of essential goods of mass consumption has assumed critical importance in several developing countries. In India, such policies have generally been reactive, in response to exigencies of critical situations such as shortages, price rise or deterioration in quality of essential goods. This paper presents a comprehensive, detailed, explicit and et simple approach for formulating a consistent and potentially effective public distribution policy. A systematic model of distribution policy is presented in which starting from the consumption needs of society, the mix of policy instruments (both structural and non-structural) likely to achieve the policy objectives most effectively can be derived. The model outlines relationships between consumption needs, elements of the distribution systems, commodities and their characteristics, policy instruments, and policy objectives. The approach begins with analysis of consumption, production and product characteristics of relevant commodities on the one hand and identification of possible policy instrument on the other. An analysis of characteristics of commodities enables one to examine the relevant of various policy objectives for these commodities. By matching policy instruments with policy objectives, degree of effectiveness of policy instruments for given objectives is established. By this analysis, it becomes feasible to derive the potentially effective mix of instruments for each commodity. The approach also helps in identifying needs for modifying instruments and/or commodity characteristics for achieving policy objectives. The approach was tested on six policymakers belonging to different ministries of the Government of India and its agencies, using commodities like wheat, pulses, edible oil and soap. The approach could be used by policy makers without difficulty, it was found to be more useful with commodities like pulses and soaps, which were relatively new for policy intervention. Policy makers felt that it was also a potentially useful training device for officers taking assignments in these areas.

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Working Papers | 1978

Advertising Claims, Expectation Fulfillment and Product Evaluation

Bhandari L C

Consumerism movements like 'Truth in Advertising' have prompted formulation of legal and other public policy measures to regulate deceptive advertising. While a great deal of effort has gone into evolving mechanisms to protect consumers from deceptive advertising. Surprisingly little systemative attempts have been made to investigate whether exaggerated and false advertising claims are at all useful for the marketer in promoting his product. Consumers' attitudes towards products are influenced by i) communications concerning products, ii) experience with products, and iii) interaction of communications and product experience. Expectations are created about products by advertising and other means, while actual product experience and the levels of expectation determine the extent to which expectations are confirmed. This 'expectation fulfilment' or lack thereof (disconfirmed expectancy) influences the individuals' attitude and subsequent actions towards the concerned product or object. It is important to understand and take into account the role of 'expectation fulfilment' while considering influences on attitude and behaviour concerning products. One way to take into account its role is to investigate and establish the nature and direction of influence has on attitude. Unfortunately, both theoretical sources and the limited empirical evidence that exists suggest conflicting and contradicting influences. Moreover, from managerial point of view, situation-specific variables are likely to require a case by case assessment. What is therefore needed is an approach that recognises the influence of 'expectation fulfilment' and explicitly incorporates it in evaluative mechanisms for the major decision areas like new product-concepts and new campaigns. This paper develops and tests a model using such an approach. The model postulates the influence of 'expectation fulfilment' on effective and conative components of attitude. It is tested in the context of a new product-concept evaluation by a sample of 903 housewives. The results, with large and significant R2s and beta coefficients, suggest that a higher degree of expectation fulfilment helps build more favourable attitude towards, and intention to buy a product. The implication is that exaggeration in advertising claims resulting in disconfirmed expectancy does not help a marketer. It is recommended that the construct of 'expectation fulfilment', which captures the interaction between product experience and prior expectations, should be built into evaluative mechanisms for decisions concerning product concepts, product formulations and advertising campaigns.

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Working Papers | 1978

Nature of the Environment for the Forestry Sector in India

Gupta Tirath

The paper has argued that the overall impact of the economic, social, political, cultural, legal, administrative and technological variables does not appear to be conducive for the desired and deserved growth of the forestry sector in India. The sector has a vast potential for contributing to the development of the local communities as well as the national economy. More importantly, it ca be used as a vehicle for economic growth with social justice-something that the nation has aspired to achieve since long. The forestry sector in India, however, seems to have lagged behind because of a number of reasons e.g. (i) the emphasis on the philosophy of sustained yield, (ii) State ownership and management of forest lands, (iii) private ownership and management of most forest based industries, and (iv) preference for short-term objectives while allocating developmental resources. The situation presents a challenge as well as an opportunity for the professional forester.

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Working Papers | 1978

Depreciation and Replacement Cost

Gupta Ramesh

The sharp rise in prices in the last few years has stirred up a brisk debate on the meaning and measurement of business income. In computing income, the costs of labor and material are generally reflected in current prices, but the provision made for depreciation is generally not sufficient to replace the fixed assets. Accountants try to meet the depreciation shortfall by speeding up the normal process of writing off the original asset cost. Does it solve the problem? In this paper, we have investigated the various approaches to the problem of providing sufficient depreciation allowance in measuring income. The relationship between written down value and the straight-line inflation adjusted methods of providing depreciation has been examined. Simulation technique has been used to illustrate the problem and pertinent policy implications of the use of various depreciation methods have been highlighted.

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Working Papers | 1978

Transforming the Rural Poor: The Big Push Revisited

Sambrani Shreekant

The paper reexamines the logic and relevance of the big push in transforming the rural poor. Theories of circular causation of poverty and immanent economic controversies, such as the critical minimum effort, balanced vs. unbalanced growth are examined. The economic and social relevance of big push strategies as emerging from Indian realities is studied. Finally, some dilemmas in pursuing big push strategies and a few tentative formulations of what might constitute the big push are set forth.

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Working Papers | 1978

Managing the Agriculture Sector

Sambrani Shreekant

The paper attempts a broader, systems definition of the agriculture sector. It tries to establish the relevance of managerial concerns to tasks of decision-making in the agriculture sector. This is done through brief illustrations of concrete situations. Finally, the approach as followed in the Centre for Management in Agriculture, Indian Institute of Management, Ahmedabad is discussed.

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Working Papers | 1978

Growth of Trade Unionism in India

Mohan Manendra, Mukherjee Shishir K, and Rai Ajai K

This paper gives a historical account of trade unionism. It considers political, economic and social developments which have moulded the growth pattern of trade unionism in India. The survey is divided into various phases in which trade union membership has increased, beginning with the early unionism, post-AITUC formation, World War II and its aftermath and the growth after 1947. An attempt has been made to relate the growth in union membership with economic conditions prevailing in the sub-periods. Statistical data are provided to substantiate the basic arguments. In conclusion secular trend in union membership has been subjected to statistical analysis. It has been concluded that the growth of union membership was influenced by the economic conditions and reinforced by political developments. On the contrary rapid increase in the number of unions has undoubtedly led to a decline in the average union membership. This has in fact contributed to the present loose amorphous state of union structure in the country.

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Working Papers | 1978

Fiscal Implications of Price Level Changes and Investment Decisions

Gupta Ramesh

This paper explores the effect of inflation on the real value of shareholders' equity given the current depreciation policy with respect to the corporate income taxes. Would partly debt financing of the firm's activities make any difference? The analysis brings out the relevant economic issues on which tax depreciation policy during inflation should be based that is, its impact on the net cash flows to the firm. The objective is to compare the situation of the firm and stockholder with inflation to their situation without inflation. Our conclusions are that to protect the stockholders from the vagaries of inflation, we need to have tax laws such that each firm adjust its depreciation charges according to its particular debt structure. The proposal to increase depreciation in proportion to the inflation would lead to a gain for stockholders, except in the case of a completely equity financed firm.

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Working Papers | 1978

Measuring Performance of Small Farmers Development Agency

Gaikwad V R

The purpose of this paper is to evolve certain methods of analysis and indicators for measuring the performance of the Small Farmers' Development Agency and apply these to the type of data which is normally collected by all the SFDAs operating in the country for preparation of quarterly and annual reports. The data analyzed in this paper pertains to an Agency operating since 1971. Against the standards developed for the Agency's functional operations, it was found that both the effectiveness and efficiency of the SFDA under study left much to be desired. Operational efficiency of the Agency could be improved by periodic monitoring of the performance against the stated norms and standards.

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