Cent Of Profit Research Articles

Envisaging Employee Churn Using MCDM and Machine Learning

Employee categorisation differentiates valuable employees as eighty per cent of profit comes from twenty per cent of employees. Also, retention of all employees is quite challenging and incur a cost. Previous studies have focused on employee churn analysis using various machine learning algorithms but have missed the categorisation of an employee based on accomplishments. This paper provides an approach of categorising employees to quantify the importance of the employees using multi-criteria decision making (MCDM) techniques, i.e., criteria importance through inter-criteria correlation (CRITIC) to assign relative weights to employee accomplishments and fuzzy Measurement Alternatives and Ranking according to the Compromise Solution (MARCOS) method to divide employees into three categories. Followed by executing churn analysis of each category of employees and original dataset using machine learning algorithms to investigate the importance of employee categorisation. CatBoost, Support Vector Machine, Decision Tree, Random Forest and XGradient Boost algorithms have been used to analyse the categorised and non-categorised dataset on the accuracy, precision, recall and Mathew's Correlation Coefficient (MCC) to derive the best suitable algorithm for the used dataset. CatBoost algorithm showed the best results regarding performance measurements for categorised employees are better than all employee datasets.

Economic analysis of informal dairy processing units in Karnal district of Haryana

Indian dairy sector is a blend of formal (cooperatives and private) and informal sector (small processing units, milk vendors etc.). Informal sector still dominates in terms of procurement of the sizeable milk surplus of the country. The present paper has examined the cost and return structure of informal dairy processing units in the Karnal district of Haryana. The net returns of these processing units are mainly attributed to varying level of milk handling capacity and diversification towards value added products. Dahi turned out to be most profitable with 53 per cent of profit over cost followed by ghee (12.75 %). The costs of dairy products were found to be decreasing with rising milk processing capacity. Solvency status of dairy processing units was found to be satisfactory yet there is a need for further strengthening.

A “Self-Made Town”: Semi-Annual Furniture Expositions and the Development of Civic Identity in Grand Rapids, 1878–1965

The Michigan Historical Review 44:2 (Fall 2018): 37-66©2018 Central Michigan University. ISSN 0890-1686 All Rights Reserved A “Self-Made Town”: Semi-Annual Furniture Expositions and the Development of Civic Identity in Grand Rapids, 1878-1965 By Scott Richard St. Louis The Right Place at the Right Time1 In the later decades of the nineteenth century, prominent business figures in the city of Grand Rapids had reason to be both ambitious and optimistic. Striving to pull every last cent of profit out of available resources, they rationalized production workflows and integrated the latest technologies into their factories. They also perceptively discerned that a maturing railroad network connecting Grand Rapids to an emerging Victorian consumer economy would empower the city to achieve new levels of prosperity and fame through an industry on the verge of unprecedented growth: domestic furniture production.2 These entrepreneurs acted upon their hopes for the community’s future through the establishment of the semi-annual Grand Rapids Furniture Expositions, beginning in December 1878. At first glance, these expositions might seem to have been a mere manifestation of the community’s recognition as America’s “Furniture City.” However, they actually constituted a fundamental cause behind the construction of this 1 Previous versions of this research were presented at the Second Annual Midwestern History Conference in Grand Rapids on 1 June 2016; at the 131st Annual Meeting of the American Historical Association in Denver, Colorado, on 7 January 2017; and at “History Detectives: Sleuthing for Local History,” a program held at the Grand Rapids Public Library on 28 January 2017. 2 For more information on the history of industrialization in the Midwest during the nineteenth century, see David R. Meyer, “Midwestern Industrialization and the American Manufacturing Belt in the Nineteenth Century,” The Journal of Economic History 49.4 (December 1989): 921-37 and Brian Page and Richard Walker, “From Settlement to Fordism: The Agro-Industrial Revolution in the American Midwest,” Economic Geography 67.4 (October 1991): 281-315. Meyer notes that the Midwest increased “its share of national manufacturing value added from 14 to 26 percent between 1860 and 1900” (92223 ). Page and Walker note that in “exploring the spatial form of the Midwest, particular emphasis must be put on the neglected role of small industrial cities in the process of regional industrialization and the formation of a dense network of urban spaces” (284). 38 The Michigan Historical Review civic identity by local citizens: business leaders and supportive community members who collaborated in making the Grand Rapids name synonymous with excellent household furniture on an international scale. These citizens also resolved to prevent similar efforts in rival cities— including the powerhouses of New York and especially Chicago—from eclipsing their own.3 The astonishing extent of their success provided the city with a greater profile in the national consciousness and transformed the physical and economic landscape of Grand Rapids itself. Given that Grand Rapids fits comfortably into Midwestern historian Timothy Mahoney’s description of small cities, this article also responds to his call for scholarly examinations of these urban spaces and their relationship to the broader regional and national economic forces that influence—and are influenced by—the fate of such cities.4 By arguing for the importance of the semi-annual furniture expositions to the development of Grand Rapids, this research sheds light on the place of a small Midwestern city in the growth of a national consumer culture during the late nineteenth and early twentieth centuries.5 3 For more information on the place of Chicago in Midwestern history, see Timothy B. Spears, Chicago Dreaming: Midwesterners and the City, 1871-1919 (Chicago: University of Chicago Press, 2005) and William Cronon, Nature’s Metropolis: Chicago and the Great West (New York: W.W. Norton, 1991). 4 Timothy R. Mahoney, “The Small City in American History,” Indiana Magazine of History 99.4 (December 2003): 311-30. 5 Within the last decade, scholars have been rebuilding the intellectual infrastructure required to spark and sustain a revival of Midwestern studies in American historical scholarship. For example, the Midwestern History Association was established in 2014; in 2015, it began hosting annual conferences and publishing Studies in Midwestern History. Additionally...

Contributions of MNEs to poverty alleviation through CSR programs: Bangladesh perspective

This study examines the contribution of CSR programs of multinational enterprises (MNEs) operating in Bangladesh in the poverty alleviation. The authors employed a mixed-method approach to collect qualitative data by interviewing executives of ten MNEs while for quantitative data annual reports, websites, and articles were consulted. Results depicted insignificant contribution of MNEs in poverty alleviation by their corporate social responsibility (CSR) initiatives. The average contribution of sample MNEs stand at only 0.52 per cent of profits after tax to CSR programs, ranging from 2.96% to 0.15%. The study reveals that most of the MNEs are not contributing as per their financial capacity and they lack a policy of donating a reasonable portion of profit to CSR along with poverty alleviation priority. The study suggests that government of Bangladesh must act sincerely and deliberately for active involvement of MNEs in CSR programs helpful for poverty alleviation by necessary policy framework and motivational supports with a view to accelerate the poverty alleviation movement for a happy, prosperous, and progressive Bangladesh.
 IIUC Studies Vol.14(2) December 2017: 55-70

Corporate Citizenship Consideration at IMCL: A Case Study

Indus Motor Company Limited (IMCL)1 was playing a role in helping the underprivileged communities living in the surroundings of it to help them meet health and education challenges since the inception of the company in 1989. It is from the year 2006 that corporate social responsibility (CSR) got a central place among the IMCL’s activities with the provision of 1 per cent of profit before tax (PBT) annually. In the last 5 years, IMCL has contributed ₹ 200 million in CSR activities. Besides, IMCL has been at the forefront on the call of the nation in need. It has been actively engaged in the relief efforts of rehabilitating the sufferers, of the earth quake in 2005, those effected of the war on terror in 2007/2008 and to the survivors of the 2010/2011’s devastating floods in the country. IMCL’s has set unique examples of CSR in the sense that it has planned community development, environment protection measures and research on the road safety, and traffic congestion under its ‘Concern Beyond Cars’ programme in the light of United Nations Global Compact Pakistan Local Network’s (UNGC)2 10 principles. This case study was sponsored by the UNGC. The case deals with the IMCL leader’s concerns which were beyond making cars. The leader of the company chalked out a path for discharging the company’s CSR in non-traditional way by having programmes for Road Traffic Injury Research Project in collaboration with the specialized health and engineering institutions along with other social development projects.

ANZ Bank: Building a Strategy for Asia

This case considers the Super Regional Strategy adopted by the Australian and New Zealand Banking Group (ANZ) under the leadership of CEO Mike Smith from October 2007 to early 2011. The Super Regional Strategy had the goal of deriving 20 per cent of ANZ’s profit from the Asian region by 2012 and between 25 and 30 per cent of profit by 2017. This strategy was a significant departure from the relative safety of the Australian banking sector and necessitated significant organizational changes. Not without risk or critics, ANZ is still in the formative stages of its strategy which will be a decade or more in the making. This article documents some of the changes to date.

Introduction of real estate investment trusts in Germany

The German Government has adopted a draft law relating to the introduction of stock exchange-listed real estate corporations, so called “REIT-AGs”. The bill is expected to become effective retroactively as of 1 January 2007.With the purpose of boosting the German real estate and financial sectors and enhancing the German economy's competitiveness in general, the bill will create a tax-transparent vehicle for indirect investments in immobile assets. In return for tax exemption at the corporate level, a minimum of 90 per cent of the company's profits will have to be distributed to shareholders by way of dividends with the regular tax rate of each individual shareholder applying. Fifty per cent of the profits resulting from the sale of real estate properties to a REIT-AG will be tax free within a period of three years from the REIT-law entering into force.The article introduces the draft law. It focuses on requirements relating to corporate structure and shareholding (eg, minimum free float and maximum shareholding) as well as on the taxation of the REIT-AG and its domestic and foreign shareholders.

The Shelby Williams Approach to Building a Unique Identity in a Low‐Technology Market

It was late Thursday afternoon when employees at Shelby Williams Industries learned it would be impossible to deliver fifty chairs in time for a cocktail lounge opening at a Phoenix hotel. Rather than shrugging off the customer's dilemma, the company quickly assembled fifty upgraded chairs and shipped them via air express to Phoenix. Obviously, the $1,500 cost of the express service took every cent of profit the company would have made from the sale, and then some. But it was worth every penny, because it maintained a customer relationship—and the company's reputation for service.