DOCSLIB.ORG

Balancing an Imbalanced Score Card at BPL Engineering Limited-A Case Study

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Balancing an Imbalanced Score Card at BPL Engineering Limited-A Case Study Global Journal of Management and Business Research Administration and Management Volume 13 Issue 5 Version 1.0 Year 2013 Type: Double Blind Peer Reviewed International Research Journal Publisher: Global Journals Inc. (USA) Online ISSN: 2249-4588 & Print ISSN: 0975-5853 Balancing an Imbalanced Score Card at BPL Engineering Limited- A Case Study By Dr. Sunita Panicker Christ University Hosur Road, Bangalore Abstract - The Indian electronics Industry has evolved from a undersized government regulated and sluggish growth industry in early 1990,s to a multi-segment export oriented that is witnessing rapid growth and high competition due to changes in Governments policy regime. The once protective policies have been relaxed to a great extent in a bid to attract foreign capital and adapt technology across borders, so that a globally competitive industry is developed. Feeling the heat of the resistance from global brands on its home territory and reeling under the beat of widespread slowdown in the economy, BPL group management worked out a blueprint to substantially reduce its workforce in the year 2002 as part of its restructuring plan. BPL group is an Indian electronics company that deals with consumer appliances (such as refrigerators and washing machines), home entertainment products and health care devices. Over the years, BPL's growth has been subject to constant challenges. GJMBR-A Classification : JEL Code: L63, L88 BalancinganImbalancedScoreCardatBPLEngineeringLimited -ACaseStudy Strictly as per the compliance and regulations of: © 2013. Dr. Sunita Panicker. This is a research/review paper, distributed under the terms of the Creative Commons Attribution- Noncommercial 3.0 Unported License http://creativecommons.org/licenses/by-nc/3.0/), permitting all non-commercial use, distribution, and reproduction inany medium, provided the original work is properly cited. Balancing an Imbalanced Score Card at BPL Engineering Limited- A Case Study Dr. Sunita Panicker mainly concentrating on the requirements of the parent I. Introduction company which is into the production of Television and he Indian electronics Industry has evolved from a white goods. A part of their production was also undersized government regulated and sluggish exported to European, Asian and African markets. The growth industry in early 1990,s to a multi-segment onslaught of the Korean and Japanese products who 2013 T export oriented that is witnessing rapid growth and high flooded their products into the market with their high competition due to changes in Governments policy profile audio and video equipments and white goods ear Y regime. The once protective policies have been relaxed which where competitively priced, started to erode the to a great extent in a bid to attract foreign capital and market share of BPL. 9 adapt technology across borders, so that a globally The components industry has evolved from a competitive industry is developed. Feeling the heat of small government regulated and slow – growth- industry the resistance from global brands on its home territory in the early 1990’s to a multi segment, export-oriented and reeling under the beat of widespread slowdown in industry that is witnessing rapid growth and high the economy, BPL group management worked out a competition due to changes in the technology. The blueprint to substantially reduce its workforce in the year industry structure comprises over different segments. 2002 as part of its restructuring plan. BPL group is The industry domain has expanded rapidly over the an Indian electronics company that deals with years and has accommodated a lot of players; all this consumer appliances (such as refrigerators and factors have lent support to the highly fragmented washing machines), home entertainment products and structure of the industry, with no company enjoying a health care devices. Over the years, BPL's growth has major market share. been subject to constant challenges. BPL engineering Demand for components is generated primarily from two sources, the OEMs ( Original Equipment ) Limited which is a part of the BPL group is engaged in A the manufacture and sale of components, with its Manufacturers) and the replacement market, the former ( corporate office located in Bangalore, Karnataka. has a majority share in demand. The industry has been Karnataka state has sizeable presence in automotive enjoying a robust demand in both domestic and export and engineering sectors. The proactive policies along markets. with capability and natural resources drive attractiveness BPL Limited (BPL) was incorporated in 1963 as for these sectors. a Private Limited company and was promoted by Mr. TPG Nambiar for the manufacture of indicating II. Industry P rofile and Company instruments and Electronic Test and Measuring N ote-Electronics and Instruments in technical and financial collaboration with BPL Instruments Limited, U K.The Company started Engineering Industry manufacturing Hermetically Sealed Panel Instruments at India’s electronics industry offers opportunity for its factory in Palakkad (Kerala) for defence use. Later, it growth than need to be tapped to reduce dependence started the manufacture of Electronic Test and on imports. The industry structure comprises over 5,000 Measuring Instruments and Electro Medical Instruments various components that are classified under different - Defibrillators and Central Monitoring Systems. In 1979 segments such as speakers, transformers, power cords Permission was obtained for manufacture of plain paper and cables, vehicle alarm system, transducers, relays, copiers in technical collaboration with Gestaner UK. washing machine motors, and compressors. Later improved state-of-the art plain paper copiers were The company was started at a time when the introduced in technical collaboration with Sanyo, Japan. government had reserved many areas of business for In the year 1982, the Company diversified into Global Journal of Management and Business Research Volume XIII Issue V Version I the public sector. It had also virtually barred most consumer electronics field, colour television receivers, entrepreneurs from entering other fields through black & white TV receivers, video cassette recorders etc. reservations on licensing. With the company’s supplies The products are marketed under the brand name`BPL'.It was in this year the Company had embarked on the manufacture of components and Author : Assistant Professor Department of Management Studies, Christ University Hosur Road, Bangalore. compressors and formed consumer business groups. E-mail : [email protected] The consumer business (under BPL Ltd) was © 2013 Global Journals Inc. (US) Balancing An Imbalanced Score Card At BPL Engineering Limited-A Case Study streamlined into four key business groups such as components and compressor division in total. The entertainment electronics, home appliances, soft energy Compressor Division of the engineering company is and medical systems. The component line of business engaged in manufacturing of hermitically sealed will comprise BPL Display Devices Ltd, Electronic compressors for refrigeration industry. Most of these Research Ltd, BPL Automation Ltd and BPL Engineering components recorded robust growth in turnover during Ltd. its initial days and up to 2001. BPL Engineering Ltd., a subsidiary of BPL Ltd., Profit After Tax and net worth of the firm was incorporated in 1982. The company, BPL in Crore Rs . Engineering Ltd is the component manufacturing arm of Year Profit After Tax Net Worth BPL Ltd. They were supplying components to various 2000 6.65 125.61 consumer electronics and home appliances for their 2001 6.68 129.45 parent company. BPL Engineering Ltd product line 2002 3.62 116.78 includes speakers, transformers, power cords and 2003 -6.39 49.40 2013 cables, vehicle alarm system, transducers, relays, 2004 -18.6 30.80 washing machine motors, and compressors, The 2005 -8.85 21.98 ear Y Company employs around 487 employees in both their 2006 -41.99 -20.01 10 Graphical Representation of the PAT and Net Worth of the firm Crore 160 140 125.61 129.45 120 116.78 100 80 NW 60 40 49.4 PAT 20 ) 6.65 6.68 30.8 21.98 A 0 3.62 ( -6.39 -8.85 -20 2000 2001 2002 2003 2004-18.9 2005 -40 Rs. Years From the above graph of BPL Engineering position of the company, hence instead of searching for Limited it is seen that there is steady growth in the year a single best ratio Prof. Edward Altman has built a new 2000 and 2001. But there has been a steep fall in the model that distils five key performance ratios into a profits after tax of the company in the year 2002 but still single score called Z-Score. on the positive side. In the year 2003 2004 the He has used multiple discriminating analysis company’s profits have dipped drastically indicating the weightage used for the different ratios which are used fatal state of the company. In the year 2003-2004 for the different ratios which are: corporate debt restructuring scheme has been adopted X1= (Working Capital/ Total assets) x 0.717; and in 2005 the firms losses have reduced. But due to failure of the same the losses have again fallen X2= (Retained earnings/Total assets) x 0.847 drastically and reached -41.99. X3= (EBIT/TA) x 3.107 The net worth of the company has been slowly deteriorating from 2001-2002 and shown no X4= (capital Fund / TL) x 0.42 improvement therefrom. The company was unable to Global Journal of Management and Business Research Volume XIII Issue V Version I X5= (sales/ TA) x 0.998 fight competition and adopt
Load more

Recommended publications
  • Time to Reboot.Indd
    TIME TO REBOOT II About Toxics Link: Toxics Link emerged from a need to establish a mechanism for disseminating credible information about toxics in India, and for raising the level of the debate on these issues. The goal was to develop an information exchange and support organisation that would use research and advocacy in strengthening campaigns against toxics pollution, help push industries towards cleaner production and link groups working on toxics and waste issues. Toxics Link has unique experience in the areas of hazardous, medical and municipal wastes, as well as in specifi c issues such as the international waste trade and the emerging issues of pesticides and POP’s. It has implemented various best practices models based on pilot projects in some of these areas. It is responding to demands upon it to share the experiences of these projects, upscale some of them and to apply past experience to larger and more signifi cant campaigns. Copyright © Toxics Link, 2015 All rights reserved FOR FURTHER INFORMATION: Toxics Link H-2, Jungpura Extension New Delhi – 110014 Phone: +91-(11)-24328006, 24320711 Fax: +91-(11)-24321747 Email: [email protected] Web: www.toxicslink.org Report: Priti Banthia Mahesh Data Collection: Monalisa Datta, Vinod Kumar Sharma ACKNOWLEDGEMENTS Time to Reboot was released last year and received good response from all around. Offi cers from Regulatory Agencies, Industry, Civil society organisaions and experts welcomed the idea, prompting us to plan the next edition. Feedback, both positive and negative, also helped us in redefi ning the criteria and we would like to take this opportunity to thank all of them.
    [Show full text]
  • Global Journal of Management and Business Research : a Administration and Management
    Online ISSN : 2249-4588 Print ISSN : 0975-5853 African Ubuntu Philosophy Profile of Industrial Employees Human Resources Management Faculty of Management Studies VOLUME 13 ISSUE 5 VERSION 1.0 Global Journal of Management and Business Research : A Administration and Management Global Journal of Management and Business Research : A Administration and Management Volume 13 Issue 5 (Ver. 1.0) Open Association of Research Society © Global Journal of Global Journals Inc. Management and Business (A Delaware USA Incorporation with “Good Standing”; Reg. Number: 0423089) Sponsors: Open Association of Research Society Research. 2013. Open Scientific Standards All rights reserved. Publisher’s Headquarters office This is a special issue published in version 1.0 of “Global Journal of Management And Business Research.” By Global Journals Inc. Global Journals Inc., Headquarters Corporate Office, All articles are open access articles distributed Cambridge Office Center, II Canal Park, Floor No. under “Global Journal of Management And Business Research” 5th, Cambridge (Massachusetts), Pin: MA 02141 Reading License, which permits restricted use. United States Entire contents are copyright by of “Global USA Toll Free: +001-888-839-7392 Journal of Management And Business Research” unless otherwise noted on specific USA Toll Free Fax: +001-888-839-7392 articles. Offset Typesetting No part of this publication may be reproduced or transmitted in any form or by any means, Open Association of Research Society, Marsh Road, electronic or mechanical, including photocopy, recording, or any information Rainham, Essex, London RM13 8EU storage and retrieval system, without written United Kingdom. permission. The opinions and statements made in this book are those of the authors concerned.
    [Show full text]
  • A Comparative Analysis of Customer Service Provided by Cellular Mobile Service Providers (CMSP) in Mumbai Region
    A Comparative Analysis of Customer Service Provided by Cellular Mobile Service Providers (CMSP) in Mumbai Region Thesis Submitted to Padmashree Dr. D. Y. Patil University, Department of Business Management In partial fulfillment of the requirements for the award of the Degree of DOCTOR OF PHILOSOPHY In BUSINESS MANAGEMENT Submitted by BHARAT BHUSHAN CHAUDHARY (Enrollment Number: DYP-PhD -066100005) Research Guide Prof. Dr. Vijay Wagh Padmashree Dr. D. Y. Patil University, Department of Business Management CBD Belapur, Navi Mumbai - 400614 January 2012 i A Comparative Analysis of Customer Service Provided by Cellular Mobile Service Providers (CMSP) in Mumbai Region ii Declaration by the Candidate I declare that the thesis entitled “A Comparative Analysis of Customer Services Provided by Cellular Mobile Service Providers (CMSP) in Mumbai Region” submitted for the award of Doctor of Philosophy in Business Management at the Padmashree Dr. D.Y. Patil University, Department of Business Management is my original work and the thesis has not formed the basis for the award of any degree, associateship, fellowship or any other similar titles. Place: Navi Mumbai. Date: 20.1.2012 Signature Signature Signature Research Guide Head of Department of Student iii Certificate This is to certify that the thesis entitled “A Comparative Analysis of Customer Services Provided by Cellular Mobile Service Providers (CMSP) in Mumbai Region” submitted by Shri BHARAT BHUSHAN CHAUDHARY a bonafide research work for the award of the Doctor of Philosophy in Business Management at the Padmashree Dr. D. Y. Patil University, Department of Business Management in partial fulfillment of the requirements for the award of the Degree of Doctor of Philosophy in Business Management and that the thesis has not formed the basis for the award of any degree, diploma, associate ship, fellowship or any other similar title of any University or Institution.
    [Show full text]
  • List of Companies of India A[Edit]
    List of companies of India From Wikipedia, the free encyclopedia This is a list of notable companies based in India. For further information on the types of business entities in this country and their abbreviations, see "Business entities in India". Contents : Top 0–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A[edit] Aban Offshore ABG Shipyard ABP Group ACC Limited Action Group Adani Group Aditya Birla Group Ador Powertron Limited Aftek Air Costa Air Odisha Ajanta Group Allahabad Bank Amartex Ambuja Cements Amrutanjan Healthcare Amul Andhra Bank Apollo Hospitals Apollo Tyres Aptech Archies Greetings & Gifts Ltd Arise India Arvind Mills Ashok Leyland Asia Motor Works Asian Paints Avantha Group Axis Bank Ltd B[edit] BagItToday.com Bajaj Auto Balaji Telefilms Balaji Group Ballarpur Industries Limited Bank of Baroda Bank of India Bank of Maharashtra BankBazaar Bharat Aluminium Company Bharat Earth Movers Limited Bharat Electronics Limited Bharat Forge Bharat Heavy Electricals Limited Bharat Petroleum Bharat Sanchar Nigam Limited Bharati Shipyard Bharti Airtel Bhushan Steel Biocon BirlaSoft Bombay Dyeing BPL Group Britannia Industries BTCXIndia C[edit] Cadila Healthcare Café Coffee Day Calcutta Tramways Company Camlin Ltd. Canara Bank Catholic Syrian Bank Cellebrum Technologies Limited CEAT Limited Central Bank of India CESC Cipla City Union Bank Club Mahindra Holidays CMC Limited Coal India Limited Container Corporation of India Coromandel International Corporation Bank Cosmic Circuits CPCL Crest Animation Studios Crompton Greaves Cyient D[edit] Dabur India Limited Damodar Valley Corporation Deccan Charters Delhi Metro Rail Corporation Limited Dena Bank Dish TV DLF Limited Dr.
    [Show full text]
  • BPL Limited Annual Report 201
    Cover Page front given separatelyCover Page back given separately PDF processed with CutePDF evaluation edition www.CutePDF.com Corporate Information BOARD OF DIRECTORS REGISTERED OFFICE Mr. Ajit G Nambiar, Chairman & Managing Director BPL Works, Palakkad 678007, Kerala Mrs. Anju Chandrasekhar Mr.KSPrasad CORPORATE OFFICE Capt. S Prabhala 11th KM, Arakere, Bannerghatta Road, Mr. K Jayabharath Reddy Bangalore 560 076 Mr. Suraj L Mehta Mr. Subhash Bathe MANUFACTURING FACILITIES BPL Works, Palakkad 678 007, Kerala Doddaballapur 561 203, Bangalore District AUDITORS M/s. T Velu Pillai & Co., Chartered Accountants, Bangalore Contents Page No. BOARD COMMITTEES Notice 3-6 Audit Committee Directors' Report 7-13 Mr. K Jayabharath Reddy, Chairman Report on Corporate Governance 14-19 Mr. Subhash Bathe, Vice-Chairman Mr. Suraj L Mehta Auditors' Report 20-21 Balance Sheet 22 Statement of Profit and Loss 23 Compensation Committee Notes forming part of Balance Sheet 24-33 Capt. S Prabhala, Chairman Mrs. Anju Chandrasekhar Cash Flow Statement 34-35 Mr. K Jayabharath Reddy Notes to Accounts 36-40 Mr. Subhash Bathe Disclosure on Subsidiaries & Auditors' Report on Consolidated Accounts 41 Investors' Relations Committee Consolidated Balance Sheet 42 Mr.KSPrasad, Chairman Consolidated Statement of Profit and Loss 43 Mr. Ajit G Nambiar Consolidated Notes forming part of Balance Sheet 44-53 Mrs. Anju Chandrasekhar Consolidated Cash Flow Statement 54-55 Consolidated Notes to Accounts 56-58 Admission Slip 59 Notice of Annual General Meeting NOTICE OFANNUAL GENERAL MEETING computation of perquisites for the purpose of calculating the said ceiling. NOTICE is hereby given that the 49th Annual General Meeting of BPL Limited, will be held onMonday , the 30th September, 2013 at Apart from the re-imbursement of ordinary medical expenses, 10.00 A.M.
    [Show full text]
  • ROLE of MULTINATIONAL CORPORATIONS (Mncs) in GLOBALISING INDIAN ECONOMY- a CASE STUDY of HINDUSTAN LEVER LIMITED (HLL)
    ROLE OF MULTINATIONAL CORPORATIONS (MNCs) IN GLOBALISING INDIAN ECONOMY- A CASE STUDY OF HINDUSTAN LEVER LIMITED (HLL) ABSTRACT THESIS ' submitted for the award of the degree of Bottor of $I)tlosiopI)p IN COMMERCE , By MOHAMMAD FAYAZ Under the Supervision of DR. MOHD. ASIF ALI KHAN DEPARTMENT OF COMMERCE ALIGARH MUSLIM UNIVERSITY ALIGARH (INDIA) 1999 -.:>5-ii?5:X, ^-^•^ « , '1 > I Acc. No ) ABSTRACT Growth of Multinational Corporations (MNCs) can be divided into four phases: first phase runs upto the First World War. During this phase most of the companies emerged from Europe. Second phase started after the world war second. Third phase started in 1970s and 80s. During this phase new MNCs emerged from Japan. Fourth phase covers recent developments pertaining to role of MNCs in globalization of national economy. It is a march towaards the goal of creating international new economic order. During this phase companies mainly came in the information technology sector. Now the world economies both developed and developing are buzzing with the activities of MNCs in a variety of ways, e.g., FDI inflows and outflows, M &A, Joint venture, services, etc. The investment flows have tremendously gone up. The international production has expanded. Till the end of 1998, there were 53000 MNCs and 448000 foreign affiliates, which are playing key role with their vast assets and competitive potentialities. The worldwide investment by multinational corporations of $236 billion in insurance, telecommunication, chemical, pharmaceuticals and banking speaks volume of globalization during the current decades. Asian countries are the new investment centres for foreign investment. These countries are providing numerous facilities to the foreign investor in the form of vast size of the market, cheap availability of skilled and unskilled labour, marketing incentives and great deal of opportunities for induction of technology.
    [Show full text]
  • Aban Offshore ABG Shipyard ACC Limited Adani Group Aditya Birla
    A . Aban Offshore . Amul[8] . ABG Shipyard . Andhra Bank . ACC Limited . Apollo Hospitals[9] . Adani Group . Apollo Tyres[10] . Aditya Birla Group.[2] . Archies Greetings & Gifts Ltd[11] . Ador Powertron Limited[3] . Aptech . Aftek . Arvind Mills . Air India[4] and subsidiary Air-India Express[5] . Ashok Leyland[12] . Air Sahara[6] . Asia Motor Works . Ajanta Group . Asian Paints[13][14] . Alang Ship Recycling Yard[7] . Axis Bank . Allahabad Bank . Ambuja Cements . Amrutanjan Healthcare [edit]B . Bajaj Auto[15] . Bhushan Steel . Balaji Telefilms[16] . Biocon . Bank of India[15] . BMR Advisors[21] . Bank of Baroda[17] . Bombay Dyeing[22] . Bharat Aluminium Company[18] . BPL group[23] . Bharat Electronics Limited[19] . Ballarpur Industries Limited[24] . Bharat Forge[20] . Bharat Earth Movers Limited . Bharat Heavy Electricals Limited[15] . Britannia Industries[25] . Bharat Petroleum[15] . BirlaSoft . Bharat Sanchar Nigam Limited . Bharati Shipyard . Bharti Airtel [edit]C . Camlin Ltd. Coal India Limited[31] . CMC Limited[26] . Container Corporation of India . Canara Bank[15] . Crest Animation Studios[32] . Cellebrum Technologies Limited[27] . Crompton Greaves . Central Bank of India . Cadila Healthcare[33] . CESC . Coromandel International[34] . CPCL . Catholic Syrian Bank . Cipla[28] . Cosmic Circuits . Club Mahindra Holidays[29] . Covansys India Limited[30] [edit]D . Dabur India Limited[35] . Dr. Reddy's . Damodar Valley Corporation[36] Laboratories[40] . Deccan Aviation Pvt. Ltd.[37][38] is an aviation company that operates Air . DLF Universal Limited Deccan . Directi . Delhi Metro Rail Corporation Limited[39] [edit]E . Educomp Solutions . Essar Group[44] . Eicher Motors[41] . Eureka Forbes . Engineers India Limited[42] . EID Parry . English Indian Clays Limited[43] . Evalueserve[45] . Escorts Group .
    [Show full text]
  • List of Allotment Files District Industrial Area Name of the Unit File No
    List of Allotment Files District Industrial Area Name of the Unit File No. Plot No. Extent (Sqm) BANGALORE URBAN PEENYA I PHASE CARNATIC ENGINEERING INDUSTRIES 11271 6-F1 1012.00 BANGALORE URBAN PEENYA I PHASE INGERSOLL-RAND P LTD 1161 7,8 42864.04 BANGALORE URBAN PEENYA I PHASE INGERSOLL-RAND P LTD 1161-A 12 16262.00 BANGALORE URBAN PEENYA I PHASE WIPRO LIMITED 1243 9-B,10-A 38240.00 BANGALORE URBAN PEENYA I PHASE VIVEK ASSOCIATES 12670 6-F2 1012.00 BANGALORE URBAN PEENYA I PHASE AARVEE CNC PRECISION ENGINEERING 13658 SY.41-P4 208.00 BANGALORE URBAN PEENYA I PHASE JAYATHE INDUSTRIES 13666 41-P3 240.00 BANGALORE URBAN PEENYA I PHASE SANTOSH INDUSTRIES 13673 41-P2 SY.NO 278.00 BANGALORE URBAN PEENYA I PHASE APPOLO POWER SYSTEMS PVT LTD 13708 28-PART A 1768.00 BANGALORE URBAN PEENYA I PHASE APPOLO POWER SYSTEMS PVT LTD 13708-A 28-PART B 2596.04 BANGALORE URBAN PEENYA I PHASE AOTS ALUMNI ASSOCIATION 13748 6-G 3501.00 BANGALORE URBAN PEENYA I PHASE K S R T C 13830 20-A1 5702.00 BANGALORE URBAN PEENYA I PHASE GOVT PRINTING PRESS 13831 6-E 2722.00 BANGALORE URBAN PEENYA I PHASE GEMINI DYEING & PRINTING MILLS LTD 1397 16-B 18466.00 BANGALORE URBAN PEENYA I PHASE SMT.KAMALA 14949 MARGINAL LAND 70.00 BANGALORE URBAN PEENYA I PHASE SMT.KAMALA 14949-A MARGINAL LAND 70.00 BANGALORE URBAN PEENYA I PHASE LT.COL. SHASHIDHAR V S 14952 Under HT Line 3717.47 BANGALORE URBAN PEENYA I PHASE SUNDAR CHEMICALS WORKS 1530 27-B 4030.00 BANGALORE URBAN PEENYA I PHASE SUNDAR CHEMICALS WORKS 1530-A 27-A 4355.00 BANGALORE URBAN PEENYA I PHASE AJAY KUMAR BHOTIKA 16215
    [Show full text]
  • World Major Household Appliances
    Study Publication Date: January 2002 Freedonia Industry Study #1508 Price: $4,800 Pages: 416 World Major Household Appliances World Major Household Appliances, a new study from The Freedonia Group, provides you with an in-depth analysis of the major trends in the world market for household appliances and the outlook for product segments by country -- critical information to help you with strategic planning. This brochure gives you an indication of the scope, depth and value of Freedonia's new study, World Major Household Appliances. Ordering information is included on the back page of the brochure. Brochure Table of Contents Study Highlights ............................................................................... 2 Study Table of Contents and List of Tables and Charts ................... 4 Sample Pages and Tables from: Market Environment .................................................... 6 World Supply and Demand.......................................... 7 Supply and Demand by Country & Region ................. 8 Industry Structure ........................................................ 9 Company Profiles ...................................................... 10 List of Companies Profiled ........................................ 11 Forecasting Methodology ............................................................... 12 About the Company ....................................................................... 13 Advantages of Freedonia Reports ................................................... 13 About Our Customers ...................................................................
    [Show full text]
  • Top 50 Ad Spenders
    ACI Top 50 Ad Spenders JWT J Walter Thompson India Peninsula Chambers, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400 013 Tel: (0091 22) 2463 5555 Fax: (0091 22) 2463 5656 e- mail:[email protected] Branch telephone numbers: Delhi:(0091 11) 361 0081 Kolkata:(0091 33) 247 8361 Chennai:(0091 44) 827 1871 Bangalore:(0091 80) 227 3348 Television Billings:N.A Capitalised Billings:N.A Gross Income:Rs 2074.3 million Senior Executive:M K Khanna, Chief Executive Major Clients:: Apollo Hospital (Apollo Hospital & healthcare); Bridgestone Corporation (Bridgestone/tyres); Cargill India (Cargill/edible oils & ingredients); Curls & Curves (Vandana Luthra Curls & Curves/health); DSP Merrill Lynch (Investment banking); Hero Honda(CBZ/automobiles); I-Flex Solutions (Flex-cube/financial solution software); Indian Army; Indian Navy; News Television India Pvt Ltd(Star news/Media); Standard Chartered (Personal Banking & Cards); Ministry of Finance (VDIS); Ministry of Defence (Indian Army - recruitment); Pepsi Foods (7 UP, Mirinda, soft drinks); Satyam Infoway(Software); Star TV Network (Star Plus, Star Movies, Star News); Omega (watches); ESPN (Channel promo); 20th Century Fox (film releases); Madura Garments (Van Heusen, garments); Hero Motors (Hero Winner, automobile); Parle (Monaco, biscuit); Hughes Ispat (telecommunication) Mattel Co (Mattel/toys);;Timex Watches (Timex/Watches);;;National AIDS Control (National AIDS Control Org /government agency);Vistaar (Vistaar/dotcom);The Hindustan Times (Hindustan Times/daily newspaper); Mphasis (Mphasis/dotcom);Spice
    [Show full text]
  • Indian IT Industry: a Performance Analysis and a Model for Possible Adoption
    MPRA Munich Personal RePEc Archive Indian IT industry: a performance analysis and a model for possible adoption Mathur, Somesh Kumar RIS 01. January 2007 Online at http://mpra.ub.uni-muenchen.de/2368/ MPRA Paper No. 2368, posted 07. November 2007 / 02:26 INDIAN IT INDUSTRY: A PERFORMANCE ANALYSIS AND A MODEL FOR POSSIBLE ADOPTION SOMESH K MATHUR1 Synopsis India's software and services exports have been rising rapidly. The annual growth rate ranges between 20 -22% in IT services and nearly 55 % in IT-enabled services (ITES), such as call centres, Business Process Outsourcing ( BPO) and other administrative support operations. Together they are predicted to grow at 25% pa till 2010.The IT industry is highly export oriented and the exporters are predominantly Indian. The Indian BPOs (ITES) are moving up the value chain, handling high end data for airline information, insurance, banking sector and mortgage companies, enterprise resource planning, among others. Some of the companies have already moved into significantly higher value added segments such as mission- critical applications, development and support, product design, HR Management, knowledge process outsourcing for pharmaceutical companies and large complex projects. Software exports make up 20 % of India's total export revenue in 2003-04, up from 4.9 % in 1997.This figure is expected to go up to 44% of annual exports by 2010. Though India accounts for just about 3 % of the world market for information technology services, this sector has been growing at a scorching pace, helped by a large pool of English-speaking workers, nearly 4 million engineers and the increasing tribe of tech-savvy entrepreneurs in the country.
    [Show full text]
  • Export Promotion Councils Commodity Boards Autonomous Bodies
    Sri Chandrasekharendra Saraswathi Viswa Maha Vidyalaya Department of Management Studies International Business Environment SWARAJ Assistant Professor UNIT I Characteristics of Business Change Govern Large ment Size Control Characteris Competi tics Diversifi of tion Business cation Informa Globaliz tion ation Technol ogy International Business International Business • Activities that buys and sells goods and services across two or more national boundaries • International business is related with those enterprises which have operating units outside their own country • Conducting international business is really not like playing a whole new ball game but it is like playing in a different ball park, where the managers have to learn the factors unique to Business Excellence (Getting the Big Picture of business) Who are the Stakeholders of Business ? • Shareholders and Promoters • Customers • Employees • Suppliers and Partners (incl Contractors, Agents etc) • Government • Society Most Admired Business “Balancing and Exceeding the Expectations of all it’s Stakeholders.” Most Admired Business “Balancing and Exceeding the Expectations of all it’s Stakeholders.” Effectiveness of Business Achievement of Objectives. Efficiency in Business Achievement of Results with the least amount of Resources. Innovation Emerging Waves Factor Yesterday Today Market Sellers Buyers Players Few Several Kind of Players National Global Price Level High Dropping Consumer No choice Multiple Choice Technology Low High Quality Average High Delivery Weeks/Months/Years Off the shelf Needs Limited Enhanced Response Sluggish Quick Relation Curt Respect Approach Mass Personalised International Business Scope : “World is turning into a Global village”. “SMOOTH” 1. Source raw materials wherever they are cheapest. 2. Manufacture anywhere in the world where it is most cost effective.
    [Show full text]