Sunday, November 28, 2010

Management - Function

Meaning of Management:

                                     Management is defined art, act or manner of managing, handling, controlling, motivating, and directing the employee to achieve the desire goals of the organisation.

                                    Management is the process of planning, organizing, leading, and controlling the efforts of organization staff or members and of using all other resources to achieve organizational goals”.

Function of management:

                                              The basic function of the organisation is as follows,


                        

1.     Planning :

It is the basic function of management. It refers to a preview of future activities. It is the process of deciding in advance what to do, how to do, when to do and who does what.

2.     Organising:

It is the process of identification and grouping of work to be performed. Organising as a process involved: Setting objective, Identify activities, group activity, Position or designation, Delegation of authority and interrelationship.

3.     Staffing:

It refers to the managerial function of employing and developing of human resources. It’s involved manpower planning, recruiting, selecting, training and developing the people for various positing creating in the organisation.

4.     Leading:

It’s also called directing. Its involved supervision, motivation, leadership and communication.

5.     Controlling:

Control is an effective process involving three elements; standards, evaluation and correctness. It has following five step: Determine area of control, established standard, measurement of actual performance, comparison and corrective action.

Wednesday, September 22, 2010

New market entry(WAREEN TEA LTD.) in russian tea industry





                              Company Background  (Warren tea Ltd)

 - The Company was incorporated on 31st May 1977 in the state of Assam.
 - Warren Tea Limited is the flagship of the Warrens group.
 - Cultivation of tea plantations, manufacture of machinery for processing 
    tea.
 - Carry on the business as warehousemen, shippers and exporters.
 - 14 tea estates with total planted area under tea measuring about 
    6,078 hectare.   
 - Warren Tea Limited produces 16 million kg of tea annually.
 - The produce of the Company is savoured across 50 countries.
 - One of the largest bulk tea producers in India and in the world.


                           Current International Business
      
             The company exports its products to the Kingdom,Ireland United,Germany,Pakistan,North America,Iran, and the Middle East.


                                  Why Go GLOBAL ?
  - There is a opportunities for profit to the company because of Lower
    costs and higher prices
  - Company have a Competitive advantages in new markets
  - To increase sales, revenues, and profit
  - Limited home market
  - Increase in production capacity
  - Russia which is a  top location for global retail business in the world.
  - Global consumers' tastes are converging. Easier to of a globally
     standardized product.
  - Domestic competition entering in the international markets or russia.
     i.e.  J.V. Gokal’s entry in to the Russian market.


                                        Why Russia ?
            - The fastest growing  Economy
            - Real GDP Growth ↑ 11% & Growth rate is 3.28 in 2010
            - 70% of Russians' income is disposable vs. around 40% in the West
            - Investors pouring money into improved storage facilities,logistic,
              infrastructure.
           -  Improving financial services, banking infrastructure.
           - FDI into Russia  reach $60 billion in 2010, an increase of about 16%
              Compared to the value in 2009.
              
                                 Political Factors
           - Supporting the e-governance Russia .
           - Government focus on expanding base of manufacturing.
           - New reforms targeting bureaucracy and corruption
           - Bsiness 2 Business e-commerce
           - To attract  more Foreign Direct Investment
           - Infrastructure development
         
                    Forecast of Tea Volumes by Sub-sector: 2010-2012



                Opportunities for Indian Tea Companies in the Russian Tea Market

           •  Total value of Russian tea imports in 2009 was $308.97 million, 
              which is nearly 14% of the global market
           •  Largest importer of tea in the world
           •  Retail volume growth rates of 15% & 12% in black standard tea bags 
             and black specialty tea bags respectively, in 2009.

                Entry mode - Joint Venture
                                                                             Warren tea Ltd can enter into joint venture    with local Russian tea     industry like.....
              1. Orimi Trade
              2. MOSCOW Tea factory limited company.

                                   Conclusion
             • Business relation between Russia and India are better
             • India tea industry have a great opportunities to enter in russian market.
             • Benefited of world largest importer country.






































Monday, September 6, 2010

e-Governance in india

                   What is e-Governance ?

It is electronic governance.
               In simple word,

               E-Governance is nothing but a mediator between government and citizens. It is the use of a range of modern information and technologies by government to improve efficiency ,service etc.

      i.e. Internet,mobile,local area network

                 Types of e-Governance ?

1. Government TO Citizens         (G2C)
2. Government TO Business       (G2B)
3. Government TO Employee      (G2E)
4. Government TO Government  (G2G)

1. Government TO Citizens (G2C)

G2C is transaction between Government and Citizens. It includes,
    àBasic citizens services such as online registration of birth/death/marriage certificates
 àHealth care, education services etc.
 àfiling of income taxes

Example: The example of Government to Citizens is that  
              à National Portal of India
                   India.gov.in

2. Government TO Business (G2B)

G2B is transaction between government and Business.It includes ,

 à Dissemination of policies, memos etc.
 à Government rules and regulations.
 à Business information
 àApplication forms, renewing licenses,registration, payment of taxes.
 
Example: The example of Government to Business is that  
             à Business Portal of India
                  Business.gov.in

3. Government TO Employee (G2E)

G2E is transaction between government and Employee.It Includes,
                   
 à Online conference for employee   
 à Online training
 à Employee information

Example: The example of Government to Employee is that  
             à e-Training for Employees
                 www.egovonline.net

4. Government TO Government (G2G)

G2G is transaction between between the central/national and local governments, and between government department and agencies and organisation.It Includes,

 à Records by state government
 à Schemes,plan,Initiatives

Example: The example of Government to Government is that  
            àe-governance standard Portal of India
                http://egovstandards.gov.in

                           Advantages of e-Governance
  1. Fast & easy services
  2. Increased accountability
  3. Increased transparency
  4. Reduced corruption
  5. Increased efficiency due to connectivity
  6. Tickets & fines
  7. E-polling tax filing
  8. E-voting
  9. Vehicle registration
  10. Transaction
                   Challenged Faced 
  1. Clarity about objective
  2. Provided services
  3. Misconception about information transparency
  4. Localization
  5. Security threats & legal issue
  6. Maximum use of infrastructure
  7. Standardization
                               Conclusion 

 à e-governance is playing an increasingly important role     
         in modern governance.
    à Various agencies of the government &  civil society
         organisations have taken a large number of initiatives across the country.

   à e-governance initiatives can be successfully
         implemented in the 28 states & 7 union territories
         covering  more than 1 billion population.
    àThis capacity is show, India would further strengthen the 
        strong & dynamic democratic institutions & thereby
        secure growth & development for all its citizens.