Covid-19 Decisions, and Decision-Making Models Covid-19 has imposed upon governments very consequential decisions about closing the economy/society and opening the society/economy. Such decision-making can adopt one of two models: compensatory model or a non-compensatory model. Decision Making Models and Algorithms Compensatory decision making involves identifying a set of criteria relevant to the decision, assigning a Read More …
Over the past decades, organizations have been competing in a globalized and competitive environment with developments of new approaches in business. Modern enterprises contest in a highly unstabl e , compl ex and dynami c busine ss environment. To function in a rapidly changing environment, enterprises need to be better organized, develop strategic flexibility, manoeuvre Read More …
Financial derivatives have been drawing increasing interest in recent days. Among these, Options are the most basic and fundamental derivates. European options are most widely used in Indian stock exchanges. There are different types of options available for pricing; Black-Scholes is one of such type. Black-Scholes model is used for pricing options to calculate the Read More …
The global growth trajectory of the tourism industry has been shattered and grounded by the pandemic inflicted by COVID-19. According to the World Tourism Organisation (UNWTO), the international tourist arrivals will be down by 20% to 30% in 2020 when compared with 2019 figures, equivalent to a loss of 300 to 450 US$ billion in Read More …
Emotional contagion has assumed great importance in interpersonal relationships across organisations (Banerjee & Srivastava, 2019). It is an integral part of any organisational setup and wields great influence over groups and individuals (Fisher, 2019). It is the process of transmitting one individual’s emotions to another either voluntarily or involuntarily (Doherty, Orimoto, Singelis, Hatfield & Hebb, Read More …
Sustainable Development Goals (SDGs), developed by all the United Nation’s (UN) Member States in 2015, are a collection of 17 goals to address the serious global challenges we face. SDGs do not identify financial inclusion (FI) as an independent objective, but acknowledge that it is central in achieving many goals such as reduction of poverty Read More …
The aim of the banking sector reforms initiated in India in the early 1990s was to enhance the productivity, profitability and efficiency of banks. However, majority of the banking reform measures in the first decade of liberalization were essentially centred on various relaxations, deregulation, and easing of norms pertaining to the financial operating environment. Diffusion Read More …
In the digital era, businesses have numerous opportunities and challenges (Reisman, R., 2019). Today, the labour market is very demanding, and employees face tough competition. In these circumstances, employees are compelled to be skilled enough to face the challenges; this, in turn, increases their well-being. Employability increases the performance of an organization; however, it also Read More …
The Indian banking industry is today at crossroads. It is trying to make the transition from the era of socialist rhetoric to the era of the marketing mantra. The Indian banking industry was trailing its peers in developed countries in terms of service quality. The main reason behind the revolution in the Indian banking industry Read More …
