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The IUP Journal of Business Strategy

Jun'14
Focus

Healthcare systems in any country assume importance given the fact that large sections of people cannot afford expensive medical care. Within the healthcare system, the General Practitioners (GP) are considered a very important link in the value chain.

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A Comparative Study of the Chinese and British GP Systems
Corporate Reputation in the Era of Social Media: A Study in Turkish Banking Industry
Manufacturers’ Perspective of Retailers’ Power and Its Behavioral Consequences on Retailer-Manufacturer Outsourcing Relationship: A Path Analysis
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A Comparative Study of the Chinese and British GP Systems

--Chengbo Wang, John Vaughan, David Edgar, Zhaofang Mao, Xuezhong Chen and Tong Yang

The paper presents an investigation into the development history and current status of Chinese General Practitioner (GP) system and an exploratory comparison between the same and its British counterpart. The research findings contribute to the theoretical knowledge of the difference and similarity between the UK and Chinese GP systems and facilitate in harnessing the opportunity for British or any other countries’ healthcare service providers willing to access the Chinese healthcare marketplace. This study helps to provide a firsthand account of how the Chinese GP system operates. This knowledge can be of immense help for organizations and countries which have the requisite expertise and are looking at expanding their business horizons. China could be a good opportunity.

Article Price : Rs.50

Corporate Reputation in the Era of Social Media: A Study in Turkish Banking Industry

--Duygu Toplu, Murat Yaslioglu and Nil Selenay Erden

During the shift from industrial age to information age, globalization wave and technological developments made a huge impact on the organizational structures and practices. The ability of adapting to technological changes and using the advances in information technology to respond to customer needs have also become essential. The purpose of the study is to analyze the impact of social media applications on corporate reputation. The data was gathered from users of online banking services in Istanbul, Turkey. The results reveal that electronic service quality has a positive impact on perceived corporate reputation in the banking industry. The implications for further studies are discussed in line with the study findings.

Article Price : Rs.50

Manufacturers’ Perspective of Retailers’ Power and Its Behavioral Consequences on Retailer-Manufacturer Outsourcing Relationship: A Path Analysis

--Sushil S Chaurasia

In a typical retailer-manufacturer outsourcing relationship, retailers are gaining greater control over strategic activities and locus of power, which were formerly the remit of manufacturers. Given the diversity of different cultures (Hofstede, 1980), channel behavior is expected to be different in different countries. Understanding the concept of power merely from a western perspective may not be relevant for developing countries like India. Also, very few studies conducted in India have focused on supplier-buyer relationships post economic liberalization that was initiated in the early 1990s. The objective of this study is to propose and test an effective conceptual model using power sources and selected behavioral constructs (satisfaction, trust, cooperation, switching costs, and commitment). The research is based on primary data collected from 230 respondents representing 128 apparel manufacturing units. The results of the study show that mere economic satisfaction with reference to monetary benefits to the Indian manufacturer will not alone be sufficient to develop trust in relationship. Economic and non-economic satisfaction factors positively influence cooperation and trust in the apparel retailer manufacturer relationship. Therefore, it is suggested that the retailers who are engaged with manufacturers for direct outsourcing must focus on trust and cooperation and benefit mutually.

Article Price : Rs.50

Case Study
SKS Microfinance: On the Road to Redemption

--Debapratim Purkayastha and Adapa Srinivasa Rao

 

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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