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The IUP Journal of Management Research

September '08
Focus

This issue deals with contemporary topics such as effect of Proxemics on leader-member exchange quality, use of voice manipulation to overcome organizational resistance, developing emotional appeals in Internet advertising and rural consumer post-purchase behavior.

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How Close Can You Get: The Effect of Proxemics on Leader-Member Exchange Quality
Use of Voice Manipulation to Overcome Organizational Resistance
The Role of Emotional Appeals in Internet Advertising:
Rural Consumer: Post-Purchase Behavior and Consumerism
Customers' Perspectives on Relationship Marketing in Financial Service Industry
     
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How Close Can You Get: The Effect of Proxemics on Leader-Member Exchange Quality

-- Himanshu Rai and Vaibhavi Kulkarni

The study of how humanbeings use space to communicate is termed as `proxemics'. In an organizational setting, this behavior has been found to be culturally conditioned, and thus may differentially affect the degree of mutual influence and obligation between superiors and subordinates. The hypothesis that differential informal interactional levels and dining arrangements would have different effects on the perceptions of leader-member exchange quality was tested with a sample of employees (N=142) from organizations across India. The results and their implications are also discussed in the present study.

Article Price : Rs.50

Use of Voice Manipulation to Overcome Organizational Resistance

:-- Rachana Chattopadhyay

In the present global scenario, every organization is operating in a dynamic environment. Therefore, it is important for every manager to understand how to handle organizational resistance. This paper attempts to understand the manipulative use of procedural fairness belief to overcome organizational resistance. This study was conducted on 180 private bank employees across Hyderabad. The participants were randomly assigned into a 2 (authority's group membership: ingroup/outgroup) x 3 (nature of voice: instrumental voice/voice denial/non-instrumental voice) factorial design model. Procedural fairness is measured with the help of four primary dependent variables: perceived respect, perceived fairness, perceived control over the situations, and inclination towards agitation.

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The Role of Emotional Appeals in Internet Advertising:

--Manish Srivastava and Manu Sharma

Online media and its increasing usage rate have changed the marketer's world. Internet advertising has captured the imagination of marketers, who see in it an enormous potential to raise the profile of their brands. Companies are moving online across the spectrum of marketing activities, from building awareness to after-sales service, and they see online tools as an important and effective component of their marketing strategies. In the light of the widespread use of the Internet, the marketers and advertisers target their consumers by developing emotional bonding/connection with them. Today, most of the Internet advertisements are created on the basis of emotional integration appeals. Currently, there exist limited studies related to emotional connection and its formation.

Article Price : Rs.50

Rural Consumer: Post-Purchase Behavior and Consumerism

-- A Sarangapani and T Mamatha

Rural consumer behavior is a very complex phenomenon, which needs more efforts to understand, explain and predict. In order to get a clear understanding of the same, every marketer should realize that consumer behavior is, in fact, an assumption every marketing manager must make, if he plans to market on any basis other than hit-or-miss. Although some individuals find it difficult to make this assumption, one must agree that behavior is not so erratic or mysterious that it defies explanation. In this paper, an attempt has been made to analyze and highlight the rural consumer post-purchase evaluation, rural consumerism with regard to different Consumer Protection Acts, consumer satisfaction levels with regard to selected FMCGs and duplicate brands which have penetrated rural India.

Article Price : Rs.50

Customers' Perspectives on Relationship Marketing in Financial Service Industry

-- Vaibhav Shekhar and Nitin Gupta

The growth in the financial service industry in India has been tremendous. According to the reviews in literature, the driving force behind this development is the intense competition among the major players in the industry. Moreover, customers have become more demanding and prefer innovative products and quality services at a faster rate from the companies. As a result, a number of new products and services like credit cards, ATMs, consumer finance, mutual funds, etc., have become a norm. Intense competition among companies, coupled with highly-demanding customers, have made the job of financial service providers much tougher and challenging. They need to understand the changing needs of the customers and offer new products and services accordingly.

Article Price : Rs.50

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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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