Immense Competition Research Articles

The Art and Science of Securing an Anaesthesiology Training Job: A Survey of the Key Factors in Two Australian Tertiary Hospitals.

Background There is no specific formal guidance on what prospective trainees must focus on to secure an anaesthetic training position in Australia, and there is little in the literature to advise both applicants and their mentors. Method This study aims to ascertain the views of anaesthetic clinicians from two Australian tertiary referral hospitals on what they consider most important for selection. A paper-based survey was conducted at both hospitals across three groups, totalling 104 participants with a 100% response rate. Results The characteristics most agreed upon to be of at least some importance were clinical anaesthetic knowledge (98%, 102/104), teaching (95%, 99/104), basic science and courses (94%, 98/104), other critical care experience (93%, 97/104), and anaesthetic experience for more than six months (92%, 96/104). Of these, anaesthetic experience of greater than six months, non-anaesthetic critical care experience, and the completion of relevant courses were felt to be most important. Furthermore, good referee reports (95%, 99/104), especially those that come from anaesthetists (75%, 78/104) as well as having previous experience working in the institution applied to (88%, 92/104) were also seen as important factors. 'Non-technical' skills (40%, 42/104) were also regarded as an important factor, with immense competition for a few training positions (45%, 47/104) as the greatest barrier. When it came to selection, prevocational trainees consistently ranked the majority of criteria higher than accredited trainees or specialists. Conclusion This staff survey in two Australian hospitals has shed light on factors considered critical in securing an anaesthetic training position. It underscores the significance of clinical anaesthetic knowledge, basic science proficiency, and relevant critical care experience.

On the conflict of natural resources abundance and export upgrading in upper-middle and high-income countries

Globalization created immense competition among economies in international markets, which spurs the need for export upgrading and the effective use of natural resources to avoid the Dutch Disease phenomenon. This study investigates the direct and indirect effect of natural resources via infrastructure development on export upgrading. This research constructs a panel of 55 countries with upper-middle-income (UM) and high-income (HI) economies from 2010 to 2018. Export upgrading is measured from export sophistication score based on SITC 3-digit level exports and GDP per capita (PPP, constant US$ 2017). Moreover, the principal component analysis is applied to logistic (LGC), banking (BNK), digitalization (DGT), and telecommunication (TLC) sectoral infrastructure to measure the development level of infrastructure. To overcome the problem of cross-sectional dependence, this study applies within estimator with Driscoll-Kraay standard errors. This study explores the indirect influence of natural resource rent as a moderator between export sophistication and infrastructure development. On the other hand, natural resources positively impact export upgrading via infrastructure development. The thought behind this indirect effect is that a country effectively boosts its production structure and exports when it uses the money it earns from natural resources and the government earnings collected during the boom in the aggregate economic activity generated by natural resources to develop its banking, telecommunication, logistics, and information technology. Our results suggest that to avoid the phenomenon of Dutch Disease, such countries should invest earnings earned from natural resources in developing sectoral infrastructure.

Book review: Kevin Lane Keller and Vanitha Swaminathan (2020). Strategic Brand Management: Building, Measuring, and Managing Brand Equity, 5th edition, Pearson Education Limited, ISBN 978-0-13-489249-8

What are brands? Brands are intangible assets that are invaluable for an organization. Though, creating and bringing up strong brands over a while against immense competition is a hard task and a challenge for managers. Creating and nurturing a huge brand doesn’t happen overnight. Sound plans for the brand are essential in nurturing a strong brand and it consumes a considerable period. Just planning to build strong brands is not sufficient to generate yield on the investment. But powerful strategies are a must to endure strong brands over the huge competition in the digital era. Thus, all-powerful marketing thinking should be directed at strengthening the brand to generate yield on investment. It has been implied that a comprehensive and cohesive system is fundamental to fostering an outstanding brand.

IoT Inspired Brain Disorders Monitoring and Detection

Abstract: Today’s rapid changes in technology bring immense competition in work life that in effect perturb the work-personal life balance. This pampered disharmony involuntarily creates stress in human lives. Once the stress is uncontrolled, it will cause severe diseases including neurological disease, ageing effect, cardiovascular disease etc. Amongst these vulnerable diseases, brain disorder is considered more severe one as our control section when becomes scared, the entire body functions will be hampered from their equilibrium state. Most cited brain disorders are Alzheimer and Perkinson disease. There has been tireless effort to detect Azheirmer and Perkinson as well as bipolar diseases and their proper treatment for a decade but the befitted solution is under development. Also the busiest lifestyle may also discard human beings to keep in touch with their parents. The senior citizens are often suffered from these two diseases. In this regard, our aim is to investigate a realistic as well as compatible solution to administer the brain disorders. Internet of Things (IoT) is considered as most efficient and energy saving technology that can provide easy and remote monitoring of target problem. The number of sensors and IoT devices along with applications is used for monitoring the health condition of patients. These devices will monitor the movement of targeted patients at home or out of their homes. Based on their behavior and movement, the treatment will be provided to Alzheimer’s patients. In this review paper, we are trying to response the unanswered question “ Is Brain disorder properly detected and prevented?”. Our attempt is to figure out possible solutions using Internet of Things (IoT) over the problem. The paper will highlight recent development in IoT based brain disorder therpy and attempt to harbinger the process of way-out

Impact of bank competition on financial stability-a study on Indian banks

PurposeNowadays, the competition is not only emerging from within the banking sector, but nonbanking companies like nonbanking financial companies (NBFCs) and FinTech are also growing in size and numbers, offering innovative financial products and services, giving a stiff competition to Indian banks. Thus, this study aims to investigate whether competition from within and outside the banking sector enhances or reduces the financial stability of the banking industry.Design/methodology/approachThe study uses Herfindahl–Hirschman index to measure market share and Z score to measure financial stability. The study further examines the role of NBFCs and FinTech companies in impacting the financial stability by introducing variables like innovation, cybercrimes, systemically important institutions, etc. Thereafter, panel regression has been applied.FindingsEmpirical results show a positive relation of market share with financial stability, implying that increased competition in the Indian banking industry erodes the market power, adversely affecting the profit margins which encourages banks to take more risk and which may impact financial stability. The study shows a positive impact of innovation on financial stability which implies that the competition is acting as an enabler for banks. The authors find a negative relation of systemic important NBFCs with financial stability. The authors observe a negative association of cybercrimes with financial stability, reflecting that competition emerging from FinTech sector has exposed banks to new risks.Research limitations/implicationsThe policymakers should make sure that the competition of banks with other financial institutions, such as FinTech sector, remains healthy; otherwise, it can jeopardize the entire financial system. It is for the policymakers to define a boundary for FinTech sector, as the development of this sector has exposed the banking industry to new kinds of risks potential to create financial instability. The banks should do a comprehensive check on the company to which it is granting loans, and the government should amend laws. Though big banks have huge potential, consolidations can pose challenges at a macroeconomic level.Originality/valueFinTech firms are a new entrant in the financial world which are providing immense competition to the banking sector, and thus radically changing the entire financial system. Therefore, it is extremely vital to study and explore the role of NBFCs and the FinTech industry as the main variable to analyze bank competition, which to the best of the authors’ knowledge is completely missing in the previous studies.

Customer Satisfaction Quality in Banking Sector

Service sector generally and the banking sector particularly is facing a high level of challenges, especially with the level of customer expectation. Therefore, banks have started to improve their service quality. Technology progress and growth contributed significantly to changing the way of banking services, so customer satisfaction. Due to immense competition, banking is a customer-focused service industry, and customer happiness has become the most vital pillar of any banking business. The study aims to determine the main factors are enhancing customer satisfaction quality in the banking sector. To address the study's questions and evaluate hypotheses, a quantitative technique was adopted to answer questions and test hypotheses. About (8) interviews were conducted with managerial levels and (250) questionnaires were distributed to the banking sector customers using the Simple Random Sample technique to achieve the research purposes in Jordan using the banking sector as a case study. (173) questionnaires were valid for analysis, based on the Statistical Package for Social Sciences (SPSS. V.26). The findings of the research revealed that there is a significantly positive impact of reliability, technology aspects, assurance, responsiveness, employee competence, security and privacy on customer satisfaction quality in the banking sector. The research results confirmed the importance of providing the services error-free to enhance customer satisfaction and increase loyalty. The website should contain information that serves customers and employees should be able to provide appropriate assistance to customers and maintain the confidentiality of customer information and data. Finally, use electronic protection software and constantly update the electronic applications banking sector.

China-India contemporary relations: Geopolitical challenges to the small states in South Asia

Background: The two Asian giants, India and China, have shown unprecedented growth and development in recent decades. The bilateral relationship between them has experienced turbulences, even wars, but their trade and economic relations date centuries back. These characteristics of cooperation and conflict between India and China with aspirations to become major powers globally have tuned up the competitiveness, along with collaborations in some areas, conflicts and contestations in others. This unique relationship with antagonistic cooperation has implications for South Asian states, particularly the small states. Methods: Realising the research gap on a complete view of contemporary India-China relations and its future repercussions in South Asia, the study hypothesises that the contemporary India-China relations not only have consequences but also brings challenges to the small states in South Asia. The paper primarily focuses on present China-India relations and the geopolitical challenges to the South Asian small states. Hence, it is crucial to comprehend ‘What is the nature and pattern of contemporary China-India relations?’ and ‘What are the geopolitical challenges to the small states because of this unforeseen relation?’ The study revisits the historical relationship between India and China examining the trend of collaborations and contestations between them. It also discusses the increasing forays of China in South Asia and the deepening US-India relationship to counter those looming Chinese influences. Results: Notably, the research identifies severe geopolitical challenges for South Asian small states because of those fluctuations in the relationship. The rise of China and deepening India-USA ties have equally added fuel to the geopolitical competition between India and China. Although there is immense competition, the two countries cooperate in the economic domains. Also, the study points out the challenges for the small states evolving due to the major power politics in and near the region.

Social shopping at Goel Stores: forging ahead through the use of social media

Research methodology The case study is based on field research and also on secondary data. A primary survey is included in the case study. Simple frequency and factor analysis as statistical tools have been used. Case overview/synopsis Family businesses, like that of Kiran Rai’s, owning a local Mom and Pop store in an emerging city were faced with a serious problem of sustaining their businesses. These family businesses countered immense competition from: their own types, i.e. from other local Mom and Pop stores within the same cities; online stores; and the organised stores.The choice of the customers to buy goods from the neighbourhood shops has remained largely as an age-old tradition in the households. With the millennials and the Generation Z (Gen Z) exposed to an array of brands, can they become the first choice of young customers for shopping for all kinds of products and varieties? Can the local Mom and Pop stores spread their wings across the young generations, particularly the Millennials and Gen Z through inexpensive social media channels? What are their growth options? How can the social media serve this purpose? The case uses the social cognition theory and the use gratification theory to throw light on the new concept of Social Shopping. Complexity academic level The case is meant to be discussed in courses like Fundamentals of Marketing, Digital Marketing and Retail Marketing in a 90-min session in the Post Graduate as well as in the Working Executives’ Management programmes. The case analysis will expose the students to the use of social media and its benefits to the small businesses. The students will also be able to analyse and understand the different types of Online Consumers’ Shopping Personalities. This would enable them to strategize for different stages in the decision-making processes.

A Study of Entrepreneurship Substitute to Job Market in the Context of Bangladesh

Immense competition in job market, competitive exam patterns in getting a job, nepotism etc. all are making a job very tough for an unemployed youth nowadays. Even after getting a job, they find lack of independence, job stress, sub ordinance, tiring working hours, politics too severe to tolerate. Entrepreneurship is the act of creating a business either from the scratch or from already an established one ensuring independence, freedom, decision making power, flexible work hours etc. The study will cover all the problems associated with getting and sustaining in the jobs. Besides, all the positive impacts of entrepreneurship will be included in a broad aspect as it has multi-dimensional activities to perform. The obstacles to facilitate entrepreneurship will also be covered so that future corrective actions can be taken to. On top of that, a comparison will be made between these two to represent an evaluation. The role of regulatory authority will also be focused whereas the attention of mass people will be drawn at length. This study will be beneficial as it will come up with potentiality of a particular sector which will remove the problem of unemployment to a great extent and play a role in the economy of our country. Keywords: Job Market, Nepotism, Job Stress, Entrepreneurship, Decision Making Power, Regulatory Authority, Unemployment. DOI: 10.7176/EJBM/13-13-02 Publication date: July 31 st 2021

Performance Evaluation of Humanities and Social Sciences Scholarship Programs in the Thai Higher Education System

Higher education in Thailand has undergone major changes due to digital disruptions, demographic transitions, and the immense competition which increases the need for continuous education, learning and human resources development. The purposes of this convergent parallel mixed methods study were as follows: (1) to monitor and evaluate humanities and social sciences in scholarship programs in the Thai higher education system; (2) to assess the outcome and the impact of the humanities and social sciences scholarship program; and (3) to provide feedback on how to increase the performance of the program. The quantitative design employed a set of surveys consisting of 114 items with a Cronbach's alpha reliability between .956-.996. The sample consisted of 208 faculty members across Thailand in the humanities and social sciences who received government scholarships. The qualitative data purposively conducted interviews with 27 participants from 12 different universities. The quantitative research showed that the factors related to the program outcomes and impact identified a significant relationship between the program Context, Input, Process, and Outcome and with high correlation coefficient (r) at .579, .522, .459 and .779, respectively. The qualitative research presented comprehensive recommendations to improve the performance of humanities and social science faculty members.

Analysis of Occupancy Rates at Hotel Wisata Palu

This study aims: is to determine the occupancy rate at Hotel Wisata Palu, which causes it to survive the immense competition in the hotel business sector in Palu City. In 2019, the room occupancy rate increased, with the deluxe premium room type, the number of rooms sold in 2019 amounting to 159 rooms with an occupancy value of 79.5. Only room types, the number of rooms sold in 2019, is 216 rooms with an occupancy value of 15.43. The number of superior rooms sold in 2019 is 945 rooms with an occupancy value of 236.26. Standard room types, the number of rooms sold in 2019 amounted to 1,085 rooms with an occupancy value of 180.83. Hotel Wisata Palu management maintains occupancy rates and understands market demands supported by a good marketing strategy. Hotel Wisata Palu, as a service company, can implement a service marketing strategy and see the realities of business in Palu City

A geospatial approach for telematics analysis: case study of Misri Shah telephone exchange service coverage area DHA phase-VI, Karachi, Pakistan

The impact of rapid re-structuring of telecommunication industry from conventional land lines to cellular networks and relatively fast optic fiber infrastructure, effective and timely analysis about telecommunication facilities based upon accurate demand/supply estimation are now telecom industry’s utmost priorities. This paper is about telecommunication exchange level study in Karachi; which is quite timely addressed and important in comprehending the spatial coverage of telecom industry, which is progressing very well and transformed Pakistan among top countries in the utilization of this service industry. Advancement in telecom networks, technological development, immense competition, and consumer churn has attracted telecom operators to analyze existing network infrastructure and operate with systematical approaches. This paper examines the role of applied geoinformatics for telecommunication industry at exchange level, which provides an easy-to-use methodology for telematics analytics, network expansion, and consumer management in a highly cost-effective manner. The study reveals significant contribution to telecom network operation and modeling, and analyzing telecommunication network through various methods, such as GIS geodatabase modeling, demand and supply analysis, outside plan analysis, and business analysis, finally offers solution for network planning and design. Furthermore, this study identifies network gapes, discrepancies among system modules, identify hotspots, highlight commercial hubs, and finally provide developed geospatial environment at single platform for comprehensive telecom network and consumer analysis.

The Relationship Between Service Quality, Corporate Image, and Customer Loyalty of Generation Y: An Application of S-O-R Paradigm in the Context of Superstores in Bangladesh

Facing immense competition, retailers across the globe are experiencing reduction in their customer loyalty. This decreasing trend is even more observable in the superstore retailing in Bangladesh; especially whose target market is young cohort (Generation Y [Gen Y]). As a result, it is vital for the superstore owners to ascertain the factors affecting the customer loyalty of Gen Y. The main purpose of this study is to investigate the influence of service quality and corporate image on customer loyalty of Gen Y in the retail superstores of Bangladesh. A total of 325 Gen Y shoppers were surveyed from four leading superstores in Bangladesh using a structured questionnaire. Smart-PLS 3.0 software was used to validate the collected data and test the statistical significance of the path relationships by following structural equation modeling. The results indicate that Gen Y customers’ loyalty toward the superstores is positively and significantly influenced by both service quality and corporate image. The outputs also reveal that service quality indirectly affects Gen Y customer loyalty toward superstores with an intervening role of corporate image. Research implications from theoretical and practical standpoints as well as the recommendations for forthcoming study are also provided.

Formal versus informal institutions: Extraction and earnings in framed field experiments with small-scale fishing communities in Turkey

Although many formal and informal mechanisms have been proposed to avoid over-fishing, their relative effectiveness is relatively understudied. This paper investigates fisher behaviour subject to formal and informal institutions in an experimental field setting. Framed field experiments were conducted with 240 fishers to assess cooperation and compare the effectiveness of formal and informal institutions for small-scale fishers in Turkey. Turkish fisheries is characterized mainly as open-access, subject to immense competition between industrial, small-scale and recreational fishers, even though formal measures such as closed seasons and areas are prevalent. Extraction and earnings were measured under two formal institutions (monetary penalty versus purchase of fishing rights for every unit of catch beyond the quota) and were compared to an informal mechanism involving communication as well as a baseline representing open-access. While monetary penalty was effective to reduce extraction relative to baseline (open-access), the other formal institution, purchase of fishing rights, did not significantly reduce extraction, even though providing the same level of economic incentive. Communication was the most effective to increase earnings and improve income equality. This result supports the argument that community-based institutions and co-management in fisheries management (entailing communication) can improve sustainable resource use and livelihoods of small-scale fishers in developing countries. The results suggest that differently framed economic incentives may lead to differential outcomes in terms of cooperation, earnings and income distribution. These findings contribute to fisheries management in addressing unintended fisher behaviour, as well as to other sustainability policies in dealing with resource use conflicts in general.

A conceptual development of reconfigurable drill machine tool (RDMT)

Reconfigurable machine tools are emerging as new generation machine tools for dealing with the fluctuating market scenario and immense competition between original equipment manufacturers. New approaches, mechanism and designs principles are required for the development of these machine tools in manufacturing systems. A lot of research work has been done in reconfigurable machine tool (i.e. lathe, milling, shaper, NC, CNC etc.) but still less work has been conducted to develop reconfigurable drilling machine. This paper presents a modular approach to develop Reconfigurable Drilling Machine Tool, which will allow the machine not only to reconfigure the modules in a certain way for performing a specific task but also to develop a new type of machine which can incorporate all the features of reconfiguration for the production of multiple part families on a single platform. A module library, which includes basic and auxiliary modules, is implemented on this machine tool to explain the core features (i.e. scalability, modularity, convertibility and flexibility). Probably, this proposed design contributes a theoretical approach for the reconfiguration features of drilling machine in Reconfigurable Manufacturing System and this proposed design is illustrated through a figure, which is developed on design software (i.e. solid works platform).

Factors Influencing Service Quality Perception in Indian Life Insurance Sector

The Indian insurance industry has gone through major transformations over the past two decades and life insurance sector has been no exception to it. With the introduction of privatization and the increase in number of insurance providers, the competition has risen unprecedentedly. To survive this immense competition, the companies have come up with numerous products and solutions to lure the customers. Other factors like increased coverage of lives/property, diverse customer-friendly products and rapid growth of multiple channels, like agency, bancassurance, etc., are gradually gaining momentum to intensify the level of competitiveness in the market. But unfortunately, this has somehow compromised the quality of service that is being delivered to the customers, and no attempt has been made to measure and ensure the service quality of this industry. This research aims to identify the determinant factors that contribute a substantial role in sculpting customers’ perception of service quality in Indian life insurance sector. Six factors were identified after the whole data mining process (using factor analysis) which were considered to be as the ‘Factors Influencing of Service Quality Perception in Indian Life Insurance Sector’.

EVALUATION OF THE SPECIFIC PHYSICAL DEVELOPMENT OF THE CYCLISTS AT THE AGE OF 13 TO 14 YEARS

Ascending level of sport performance in cycling and immense competition in the struggle of world hegemony in this sport require continuous quality improvement and efficiency of educational and training processes. For the purpose of the study was conducted assessing of the level of indexes presenting physical development and specific performance of all respondents (13-14-year-old). Results and discussion. The use of evaluation (through sigmal method) allows comparing the level of all monitored indexes, regardless of the different measuring units, and on this basis to determine the highlights for future training process for each respondent individually. For solving the purpose and objectives of the following study, individual results of each respondent are assessed based on average level results of each index included in the test battery for selection and evaluation of physical development and specific sport performance. Conclusions. The group of 13-14-year-olds as a whole, is well selected, but the possibilities of 6 children included in it currently does not meet the specific requirements of sport cycling. We need to be much effort in working with these children, the highlights are aimed at developing the signs, which estimates T are lowest.

Self-Management and its Relation to Organizational Excellence

The immense competition in organizations turns the business into huge innovation war. Every organization is searching for ways to achieve organizational excellence to better serve their consumers and survive in this competitive era. Employees are considered main source of innovation and excellence in any organization. Therefore, this study focuses on the employee self-management practices to explain its role in organizational excellence. Self-management of employees makes them more dedicated, vigorous and engaged them in their work. The results of this study explain that self-management of employees contributes in organizational success in a positive way. Findings of this study contribute existing literature on this missing link between self-management and organizational excellence.

Re-Thinking About The Green Banking Model In The Context Of Bangladesh

Green financing and sustainable development have become a crucial aspect of today's financial sector. Green banking entails two aspects: greening the internal operations of Banks & Financial Institutions (FIs) and attaching greening condition to financing schemes (Green financing). This paper will shed a light on the impact of climate change on Bangladeshand the role of green banking to combat climate change. It has been found that banks' are much more proactive regarding green internal operations rather than environment-friendly financing. Moreover, the majority of the customers of banks & FIs are unaware of green banking and its' importance. The primary focus of this paper is to show the existing policies, regulations and models of green banking and to develop an inclusive green banking model. The model proposed active participation of three groups: stakeholders of the economy, banks and clients to implement the green banking practices in the economy. The model emphasizes on environmentally friendly operating procedures of the banks and their clientele and financing the eco-friendly projects. This paper also presents the existing green banking policies of the country and the implementation status up to December, 2015. It has been found that unaware customer base, too much profit-orientation by Banks and FIs, high non-performing loan, immense competition and lack of regulatory framework are the major challenges faced by banks, FIs and regulators regarding implementation of green banking. Inclusion of green banking clause into the banking companies act, corporate governance charter and industrial policies is recommended by this paper. Moreover, banks and FIs should extend credit facility by considering each business's nature and its impact on environment. Stringent terms and conditions can be stipulated into the loan agreement to avoid financing of eco-unfriendly businesses. The paper concludes that green banking practices leads to greening economics activities thus able to tackle climate change problems in the country.

Influence of Relationship Marketing on Customer Retention in Sri Lankan Banking Industry

Banking sector has become turbulent with the immense competition; hence it is mandatory to retain customers to ensure long term survival. In contemporary business markets, Relationship Marketing (RM) is used as a new competitive weapon to conquer the minds of consumers. Most of the past studies have concentrated on the link between customer relationship management and customer retention or have treated the concepts separately. Relatively few studies have focused on the influence of RM on customer retention (CR). There is a lack of empirical evidences that directly treated this type of investigations especially in Sri Lanka. Through this study, researchers intend to measure “Influence of RM on CR with respect to the Banking Industry in Sri Lanka”. The research objectives are to identify the salient dimension of RM and to examine the influence of RM on CR. This study is descriptive, correlational and conclusive in nature. People who are visiting a bank to get the service were considered as the population for this study. A sample of 250 people from Colombo and Kandy metropolitan area was selected by using the convenience sampling technique. Person who visits a bank to get the service was taken as the unit of analysis. Paired Sample T-Test, Mean Analysis and Regression Analysis were performed to assess the hypotheses. The results demonstrated that Organizational dimension as the salient dimension of RM. And also it is identified that there is a strong positive influence of RM on CR with reference to Sri Lankan banking industry. The findings of this study contribute to the existing literature in the aspects of consumer behaviour and psychology. And the inference of this research can be used in developing strategies to enhance the level of CR through means of RM especially in the areas of training and development, creating new roles and responsibilities dedicated to RM and maintaining an effective database system to support marketing information systems which will ultimately lead banks to increase the competiveness in the banking industry and finally it contributes to the economic stability and prosperity of Sri Lanka.