Vol. 1 No. 1 (2011)

Employees Stress Level: A Study on Bank Professionals in Bhutan

Abstract

This study intends to understand organisational role stress experienced by employees of banks in Bhutan. In this study, Organisational Role Stress (ORS) scale developed by Pareek (1993) is used, which studies ORS from ten dimensions. Data are collected from 56 full-time employees working in two major banks (Bank of Bhutan and Bhutan National Bank) in Bhutan. Results reveal that employees have moderate level of work stress. Of which, female employees are more stressful than their male counterpart, young employees are under more stress than old employees and employees with high educational qualification are more stressful. The study may help organisations to deal with and manage effectively employee’s occupational stress.

Md. Hassan Jafri Md. Hassan Jafri Gedu College of Business Studies Correspondence hassaan_j@rediffmail.com

Submitted: 2010-11-16 Accepted: 2011-04-30 Published: 2011-05-30 Issue: Vol. 1 No. 1 (2011) DOI: 10.17102/bjbm.v1.9

Demonstration Effect among the students of GCBS

Abstract

This paper is motivated by the work of James S. Duesenberry in which he tries to figure out human behaviour of excessive consumption without looking at his income. The paper however, highlights the importance and effectiveness of student’s consumption pattern in a college scenario by taking Gaeddu college as a particular area of study but the results of the research can be related to all college students. the research also identifies the factors that may determine student’s behaviour towards the consumption of products other than their basic necessities. It also aims at possibly solving the problems of student’s uncontrollable spending habits and finding out ways in which students can manage money and find more effective and economical ways of spending. the research was conducted with regard to Duesenberry’s demonstration effect which is based on the theory that people’s buying behaviour is influenced by others and not simply people around them but those that they look up to. The possible causes of student’s uncontrollable spending habits have been identified and analysis has been done by drawing nine parameters that are likely to have an impact on the student’s buying behaviour and collecting responses through questionnaires.

Tshering Yangzom Tshering Yangzom Gedu College of Business Studies Correspondence bjbm.gcbs@rub.edu.bt , Rinchen Chopel Rinchen Chopel Gedu College of Business Studies Correspondence bjbm.gcbs@rub.edu.bt , Dawa Tshering Dawa Tshering Gedu College of Business Studies Correspondence bjbm.gcbs@rub.edu.bt , Ugyen Wangchuk Ugyen Wangchuk Gedu College of Business Studies Correspondence bjbm.gcbs@rub.edu.bt , Kesang Tshokey Kesang Tshokey Gedu College of Business Studies Correspondence bjbm.gcbs@rub.edu.bt , Tashi Chozom Tashi Chozom Gedu College of Business Studies Correspondence bjbm.gcbs@rub.edu.bt & Chencho Wangmo Chencho Wangmo Gedu College of Business Studies Correspondence bjbm.gcbs@rub.edu.bt

Submitted: 2011-02-12 Accepted: 2011-04-23 Published: 2011-05-30 Issue: Vol. 1 No. 1 (2011) DOI: 10.17102/bjbm.v1.2

Globalisation and Jobless Growth

Abstract

Globalisation in its current phase was expected to generate more employment not only directly but also indirectly through expansion of trade, income, FDI, etc. But for many developing economies of the world, this expectation could not be realised during the last two decades of its operation and in particular, it has resulted in to a jobless growth which often led to a voiceless and ruthless growth ultimately resulting into a futureless growth.

The question of human rights protection in the field of employment under globalisation for women in EPZs in particular, is also important. This includes feminisation of poverty and subsequent denial of human rights.

This paper introduces these problems and attempts to depict them at different levels and emphasises on the experiences of India which is the habitat of one-sixth of humanity. The paper organises as follows: Introduction; Globalisation and Jobless Growth- A Global Scenario; Globalisation and Jobless Growth- The Indian Case Study; and Conclusion and Policy Prescriptions to meet the Challenges.

Raj Kumar Sen Raj Kumar Sen Rabindra Bharati University Correspondence rk_sen25@rediffmail.com

Submitted: 2010-10-03 Accepted: 2011-04-19 Published: 2011-05-30 Issue: Vol. 1 No. 1 (2011) DOI: 10.17102/bjbm.v1.4

Importance of business linkage in the marketing of Handicraft product: A Case Study of Handicraft Industry in Manipur

Abstract

Handicraft industry is a major industry, and source of employment for rural as well as urban Manipur and India. But this industry has a big issue of sustainability in the present micro-and macro economics environment. To sustain in the present competitive environment, business linkage has been adopted as a strategy to make the industry competitive in terms of productivity and help better marketing. One of the main problems of handicraft industry is lack of marketing capability on the part of craftsman. This paper will study the importance of business linkage for sustainable growth of handicraft Industry and examine the type of business linkage which is prevailing in Manipur. The impact of business linkage type like commercial subcontracting, joint venture, buyback, arms length market transaction, licensing etc on the profit and sales of handicraft industry in Manipur are also examined. Logit model is used to examine the impact of these variables on the growth of handicrafts industry in Manipur.

Elangbam Haridev Singh Elangbam Haridev Singh Gedu College of Business Studies Correspondence haridevelang@gmail.com & Elangbam Bijoy Kumar Singh Elangbam Bijoy Kumar Singh Manipur University Correspondence bjbm.gcbs@rub.edu.bt

Submitted: 2010-07-25 Accepted: 2011-04-11 Published: 2011-05-30 Issue: Vol. 1 No. 1 (2011) DOI: 10.17102/bjbm.v1.6

Integration of SAARC Nations: Growth, Trends and Challenges

Abstract

South Asia is emerging as the most promising and energetic region in the global economy. Expansion of domestic economies, rising opportunities for incomes and investments, growing of financial markets, greater pursuit of peace and stability are major driving factors of the current pace of growth in South Asia. Economic growth of the region has picked up at the faster rate in the last two years. Seven out of eight countries in the South Asia region have registered economic growth rates over 6 percent a year, making it one of the dynamic regions in the world.

According to Global Economic Prospects of the World Bank, real GDP growth in South Asia which was at 5.7 percent in 2009 is poised to take leap to 6.9 percent in 2010 and to 7.4 percent in 2011. As compared to other regions, the prospect for South Asia seems to appear much brighter in the near future. Financial markets encompass institutions, financial products, market mechanism and services, which can be convenient tools to build common economic market. Financial market in the SAARC region will be a powerful mechanism to foster economic development and enhance quality of life of the people in our respective countries. This paper tries to highlight the latest trends and developments of SAARC nations, especially the role of India in the bloc.

Ramanjeet Singh Ramanjeet Singh Institute of Management & Technology, Chandigarh (India) Correspondence professorramanjeet@gmail.com & Ramita Verma Ramita Verma Surya World, Rajpura, Punjab (India) Correspondence bjbm.gcbs@rub.edu.bt

Submitted: 2011-01-08 Accepted: 2011-04-15 Published: 2011-05-30 Issue: Vol. 1 No. 1 (2011) DOI: 10.17102/bjbm.v1.5

Problems and Prospects of Bhutanese Film Industry

Abstract

The upcoming Bhutanese Film Industry seems to have potential to act as a medium to exhibit the Bhutanese culture around the world if it captures a part of share in the international market. However, there are many factors which would hurdle its growth. This research identifies four factors namely, quality of the films, piracy issues, theatre constraints and lesser audience, which seem to hurdle the growth of Bhutanese film production at current phase. In this research, the researchers studied about, to what extent these factors affect the film productions, based on the opinion of viewers, producers and governing bodies. The viewers in this research comprises of the viewers within the city of Thimphu only. This is with the assumption that it represents the typical character of the Bhutanese film viewers. Considering these views, the research has found out that the quality, piracy and audience do exist in the Bhutanese Film Industry and it affects on an average but the problem of theatre shortages is affecting the growth of film industry with relatively greater magnitude.

Phub Dorji Phub Dorji Gedu College of Business Studies Correspondence bjbm.gcbs@rub.edu.bt , Phuntsho Wangmo Phuntsho Wangmo Gedu College of Business Studies Correspondence bjbm.gcbs@rub.edu.bt , Sangay Tenzin Sangay Tenzin Gedu College of Business Studies Correspondence bjbm.gcbs@rub.edu.bt , Sonam Wangchuk Sonam Wangchuk Gedu College of Business Studies Correspondence bjbm.gcbs@rub.edu.bt , Thinley Penjor Thinley Penjor Gedu College of Business Studies Correspondence bjbm.gcbs@rub.edu.bt & Ugyen Chophel Ugyen Chophel Gedu College of Business Studies Correspondence bjbm.gcbs@rub.edu.bt

Submitted: 2010-08-30 Accepted: 2011-04-27 Published: 2011-05-30 Issue: Vol. 1 No. 1 (2011) DOI: 10.17102/bjbm.v1.3

Review and Reflections on the Moveable and Immoveable Property Act of Bhutan 1999

Abstract

The Moveable and Immoveable Property Act of the Kingdom of Bhutan of 1999 is an act dealing with secured loans using moveable or immoveable property as security for the loan.

This article reviews the main legal provisions of the Act and offers some suggestions on how to deal with issues of interpretation as well as with some provisions that could benefit from further analysis.

Kim Van der Borght Kim Van der Borght Vrije Universiteit Brussel Correspondence vanderborghtkim@gmail.com

Submitted: 2010-09-14 Accepted: 2011-04-02 Published: 2011-05-30 Issue: Vol. 1 No. 1 (2011) DOI: 10.17102/bjbm.v1.8

Value Education and GNH- A general Perspective

Abstract

This article is an attempt to draw the similarities of the concept of GNH educational policy introduced in Bhutan with the general view of Value Education in other countries. It also deals with some general observations of some values still practiced by the general people. Lastly a perspective of the possible consequences of the GNH educational programme is given.

Rajeeta Sapam Rajeeta Sapam Educational Consultant, Vishal Academy, Thoubal Correspondence Jeeta75@gmail.com

Submitted: 2010-12-20 Accepted: 2011-04-06 Published: 2011-05-30 Issue: Vol. 1 No. 1 (2011) DOI: 10.17102/bjbm.v1.7