The economy was further in chaos with high inflation, negative investments, poor infrastructure, and crumbling infrastructures (Craig, et al, 2011). The new policies introduced in late 60s brought a bit of stability by bringing the inflation down and stabling the currency. In the mid 60s, Indonesia was the only Southeast Asia’s only country that was a part of OPEC and the high oil prices marked high growth and development that further strengthened the economy in a positive manner (De Mello, 2008). However, declining oil prices in early 80s slowed the overall economic growth and development. At the same time, wide arrays of policies were introduced to facilitate exports along with deregulating the financial sector (Goeltom, 2007). The manufacturing sector of Indonesia has marked significant growth and development that also attracted good amount of foreign direct investment early 2000s. It was also found that the public indebtedness mainly because of the mismanagement of the financial sector put extra pressure on the economy making the overall progress a bit slow and insignificant in late 2000s. Overall, it can be said that the
Islamic Banks and Profitability: An Empirical Analysis based on Indonesia By [Name of student] [Presented to] [Name of institution] [Date] LITERATURE REVIEW Introduction The literature review is based on the analysis of the Islamic banks and profitability in the context of Indonesia…
There may also be cases of dismissals, resignations and retirements that will all call for the need to recruit and employ new workers. Even though recruitment and selection are one of the very usual and inevitable corporate practices, it is very important to attend to them with great caution and in by following good recruitment and selection processes that would ensure the company does not suffer the consequences of poor recruitment.
Hence, in this regard, both the private and the public sector have devoted considerable attention to the notion of customer satisfaction, which is a rudimentary basic in the customer-company relationship. Naturally, in order to increase the awareness about this concept, administrators have increasingly encouraged their staff to gain knowledge by studying and researching on this phenomenon of customer satisfaction for the welfare and growth of the organization.
Over the years, the landscape and the modus operandi of the business organizations have changed. This change has affected the job descriptions of the managers also. Now, managers are not treated as just employees with power; rather, they are treated as entrepreneurs with responsibilities.
Generally speaking, online businesses provide a number of considerable benefits to business owners, as well as to customers. Online retailers are able to increase customer trust through efficient response and better customer relationship management (Hoffman, Novak & Peralta 1999, p.
In China, there are many types of informal financers such as, Rotating Savings and Credit Associations (lending cooperatives formed by members of the society) like, bahui, hehui and yaohui, private lending individuals, lending enterprises and pawn brokers, who extend credit in exchange of non-traditional collaterals such as, jewellery and personal belongings.
Rather they are treated as entrepreneur’s wit responsibilities. The management as well as the juniors or subordinates look up to the mangers as leaders. The managers are not only expected to perform their tasks but also are
While most of the people in the world interact and relate freely in accordance with universally acceptable principles, the case scenario in China is different. They highly regard the “Concentrical guanxi circles” (Lee
These steps and rules were as highlighted as follows.
That seems obvious enough, but a lot of people take it personally when they don’t hear back from someone right away. Resist the urge to get upset or mad, and never