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Contents
Industry in Transition: Realizing the Digital Enterprise 4 - 6
Blockchain 7 - 8
How Does Teamwork Works? 9
GST Impact on Indian economy Effective Ways to Improve Business With Market Research
10-13 14 - 15
How to Succeed in Key Account Management 16
Goods and Service Tax 17
An Article on Compilation of Two Wheeler Brands in India 18 - 19
A Study on Quality of Life of Gym User 20 - 22
The Story of Two Seeds 23
My Ideas 24
How to Stop Feeling Insecure 25 - 26
U R Great Papa 27
Mother and The Child 28
IIBS is The Best 29
Only for You 30
THOUGHTS
31
We and Our States 32
Positive Attitude to Cope Your Stress 33
Beautiful Prayer 34
World`s Easiest Quiz!! 35
Sudoku Challenge
36
MOM Program 3-7-2017 - 9-7-2017 37
Adventure Learning Programme (ALP) 9th July 2017 38 - 39
C N 2017 - 3/7/2017
40
"Corporate Stress Management Programme” 41 - 45
Manthan 2017 - 14/7/2017
46
“Somedays You Just Have to Create Your Own Sunshine” 47 - 49
Guest Lecture Mr Ananthesh from Shahi Exports - 17.07.2017 50 - 51
Industrial Visit - 17/7/2017 52- 53
Corporate Social Responsibility 22/7/2017 54 - 57
Dr. Jay Prakash (Ph.D)
Chairman Master Degree from Bangalore University Promoter of Group of Companies in India and an Eminent Educationist.
In the changing and competitive environment of 21st century,
organization needs performance enhancing competencies.
To meet professional demands, we at IIBS constantly design and
redesign the programs and curriculum as suited to our corporate
partners in order to develop the student’s capabilities in such a way
which would be relevant and compatible for the ever changing needs
of the corporate world. Here in IIBS through our innovative and flexible
learning modules, we metamorphose ordinary students into
professional managers.
1
Dr. K Ramadas
Director Ph.D (B&F)- USA, Ph.D (Mgt), M.Phil (Mgt), MBA (Fin), OCM, CAIIB,
PGDFM, PGDIM, B.Sc (Ag), MIMA
Competitive spirit has become the hallmark of the dynamic corporate
environment wherein companies need to make progress. This
pressure of development percolates fast down the hierarchy. Any
extent of professionalism falls short, when it comes to corporate reality.
As professionals, they need to accomplish success with available
opportunities, the growing corporate world and the ever changing
technology. We at IIBS accept all these challenges to satisfy the
aspirations of Prospective Management Professionals, creating
an environment for transformation.
2
Kuldeep Sharma
Dean MBA, MSc (Mathematics)
It gives me an immense pleasure to welcome all of you – students, faculty, alumni, and friends –
to our first e-magazine “EUNOIA” – IIBS 2017! The students of PG department shared their
articles, stories and the accomplishments of our remarkable faculty, talented students, and
wonderful alumni.
As many of you know, IIBS has seen a lot of changes over the last two years. In Aug10th 2016,
we got recognized by Bangalore University for MBA program and approved by AICTE, also. IIBS
alumni have made a name for themselves across the globe. Looking back at the journey from
June 2008, we are commencing the 10th year in great style. We are preparing students to enter
the marketplace, competently and competitively, or assisting entrepreneurs who are looking to
start a new business, or working with business leaders to solve business challenges and serve as
catalysts for economic growth.
I am so proud of my IIBS family (Faculty Members, Alumni, Students & Staff Members)
3
Industry in Transition:
Realizing the Digital Enterprise Report by : Prof. Dr. A. Prakash, Corporate Interface Team, attended ARC
Advisory Group’s 15th India Forum - July 7, 2017 - Bangalore, India
Industrial companies are revisiting their own
business processes and technology approaches as
competitors and partners start to employ 'digitalized'
business processes and exploit the increasing
convergence between operational technology (OT)
and information technology (IT) on the
manufacturing shop floor. Technology solution providers are moving from
Industrial Internet of Things (IIoT) concepts to real
IIoT products, solutions, and services. Companies are creating and implementing open
source alternatives to traditional technology
solutions. Governments worldwide are supporting
manufacturing growth initiatives. Emerging business
models allow manufacturers to rethink, or even out
source. Intelligent connected products, along with
network communications, software, and analytics
now enable manufacturers to improve uptime and
4
optimize operating performance. ARC’s Fifteenth India Forum “Industry in Transition:
Realizing the Digital Enterprise”, on 6th & 7th July
2017 held at Hotel Le Meridian, Bangalore; the
industry business leaders, practising senior
managers deliberated on : ? How will disruptive technologies change existing
products & manufacturing plants ? How will open source solutions impact traditional
software and automation domains ? Is digitalization a threat to cyber security and, if
so, how can the risk be mitigated How 'smart'
are smart machines, and what benefit will these
technologies bring ? How do Big Data and predictive and prescriptive
analytics enable operational change How do
connected products create opportunities in after
market services ? What software capabilities are needed to
achieve transformational change, Which
industries are already changing
? What steps can organizations take to foster
innovative thinking Speakers on 7th July 2017 presented and
deliberated on how the digital enterprise will be
realized and the benefits could bring. What industry
leaders & peers are doing today and what steps
they are taking in their respective journeys. Mr. Ganapathiraman, VP & GM India, ARC Advisory Group "Evolving Technology Trends Impacting Manufacturing Industry” Dr. B. Ashok, Deputy Project Director, Aeronautical
Development Agency, made presentation on
Industry in Transition: Realizing the Digital
Enterprise - AerospaceIndustry” Ms. Khushbu Chaplot Chaudhary, Leader, Plantweb
Solutions, Emerson Automation Solutions "Unleash
the Power of Wireless to Achieve Operational
Excellence in Refinery" Mr. Sunil Mohan Jadekar, Chief Manager – CES,
HPCL Mumbai Refinery, made presentation on
implementation of Wireless technology to Achieve
Operational Excellence in HPCL
5
Mr. M.K. Srivastava, GM (PE-C&I), NTPC made
presentation about "The Digital Enterprise in the
Power Sector" Director of IT, Antrix, Mr. Parthasarathy, spoke
about "IoT in the Aerospace Sector" Ms. Sheetal
Paralikar, Chief Manager (Business Development,
Factory Automation), Siemens Ltd. made presentation on "Advance
Controller Requirements for Digitization" Mr.
Chethan K., Group Quality Director &
Manufacturing Excellence Champion, made
presentation on "Digitally Enabled Lean through
Industry 4.0 – Case Study” Mr Praful Kushwaha, Manager, IT Services, Bharat
Forge spoke about implementation of Digitally
Enabled Lean through Industry 4.0 at Bharth Forge. Mr. Chandrashekar Bharathi, MD and Madhusudan
N. Kestur, Director, Ace Micromatic presented on
“Industry in Transition: Realizing the Digital
Enterprise - Machinery Industry Mr. Sanoj James, Head of Engineering, Juwi
Southeast Asia "Industry in Transition: Remote
Monitoring of Solar Farms – Juwi Experience Mr. Vivek Gupta, General Manager & Head
Instrument, DCM Shriram Ltd. made presentation
on "Automation Challenge: Alarm Management" ARC Advisory Group’s 15th India Forum "Industry in
Transition: Realizing the Digital Enterprise" for
process and discrete industries: We could learn
from the industry leaders who shared information
about the technologies that are dramatically
transforming today's business specially industrial
landscape. The forum emphasized on the business
approaches and on transitioning to digital enterprise
and those companies which effectively implemented
emerge successful.
Prof. Dr. A Prakash with Mr.Andy Chatha, President, ARC Advisory Group, Boston,USA
Content Page 6
Dinesh Kumar R PGDM
Blockchain Blockchain is a technological advance in the field of
finance that will have great implications, which will
not just transform the financial services but many
other businesses and industries. A blockchain is a distributed database, meaning that
the storage devices for the database are not all
connected to a common entity. It maintains a growing
list of ordered records, called blocks. Each block has a
timestamp and a link to a previous block. Blockchains are secure databases by design. The
concept was introduced in 2008 by Satoshi
Nakamoto, and then implemented for the first time
in 2009 as part of the digital bitcoin currency; the
blockchain serves as the public ledger for all bitcoin
transactions. By using a blockchain system, bitcoin
was the first digital currency to solve the double
spending problem (unlike physical coins or tokens,
electronic files can be duplicated and spent twice)
without the use of an authoritative body or central
server. The security is built into a blockchain system
through the distributed time stamping server and
peer-to-peer network, and the result is a database
that is managed autonomously in a decentralized
way. This makes blockchains excellent for recording
events — like medical records — transactions,
identity management, and proving provenance. It is,
essentially, offering the potential of mass
disintermediation of trade and transaction
processing.
Cryptography ensures that users can
only edit the parts of the blockchain that they “own” by possessing the private keys
necessary to write to the file. It also ensures that
everyone’s copy of the distributed blockchain is kept
in synch. Blockchain technology offers the intriguing possibility
of eliminating this “middle man”. It does this by filling
three important roles – recording transactions,
establishing identity and establishing contracts –
traditionally carried out by the financial services sector.
This has huge implications because, worldwide, the
financial services market is the largest sector of
industry by market capitalization. Replacing even a
fraction of this with a blockchain system would result in
a huge disruption of the financial services industry, but
also a massive increase in efficiencies. The blockchain/trust economy trend represents a
remarkable power shift from large, centralized trust
agents to the individual. And while its broader
implications may not be fully understood for years to
come, it is hardly a death knell for banks, credit
agencies, and other transactional intermediaries. It
may mean, however, that with blockchain as the
gatekeeper of identity and trust, business and
government will have to create new ways to engage
the individual—and to add value and utility in the
rapidly evolving trust economy. In the greater context of the trust economy,
blockchain is not a cure-all for the challenges of
7
establishing and maintaining trust. As a technology, it
is still maturing; standards and best practices do not
yet exist. The very features that protect blockchain
against theft and fraud could also drive overhead if not
correctly implemented—a potential obstacle on the
path toward individual deployment of the technology.
Finally, legal recognition of contracts and digitally
transferred assets is currently limited. The good news
is that organizations can take steps now to mitigate if
not fully address these challenges. Some pundits are likening the emergence of
blockchain technology to the early days of the World
Wide Web, and for good reason. In 1991, the
foundations for distributed, open communication were
being laid—network infrastructure, protocols, and a
variety of enabling technologies from javascript to
search engines to browsers. There were also new
enterprise software suites that made it possible to
take advantage of digital marketing, commerce, and
linked supply networks, among countless other
opportunities. Hyper-investment chased perceived
opportunity, even as specific scenarios describing
how the technology would change the world had not
yet been defined. Blockchain may lead to even greater disruption by
becoming the new protocol for digital assets,
exchanges, contracts, and, perhaps most
importantly, identity and trust. With efforts to create
a new stack for all facets of blockchain attracting
investment, the time is now for enterprises to
explore the underlying technology, and to envision
how blockchain may be used for more than just the
easy use cases of cost savings and efficiency within
their own boundaries. Content Page
8
AJAY R PGDM (Marketing)
How Does Teamwork Works?
Organization is system of individuals working for
common goal. In any organization teamwork plays
an important role in achieving a goal. Team may be of same culture, language, and other
aspects. But the team with different culture and
language work better in achieving a goal. Let us understand the importance of teamwork by
the following instance. “In one organization the MD of a company called all
the employees of marketing department and informed
them to form a group for next quarter of sales process.
A five people with same language and culture formed
one group and the other five people
from different culture formed another group. The MD
then called up for a meeting and informed the groups
about their targets for that particular quarter. Also
informed about the benefits and incentives they get out
of it. He also informed to make their own strategies.
The first group with same language and culture can
work in their own region and it will earn less revenue.
But the other group distributed their target to each one
of team and everyone worked in their own region and
collectively expanded their business to five different
regions and earned more revenue.” From the above instance it is clear that team work is
important and a team with variety will make a
miracle. Also make the team to understand different
culture and to understand the different people. Content page
9
Dibakar III sem MBA-UOM
GST Impact on Indian Economy
The lower Goods and Services Tax (GST) rates
may lead to a decline in inflation, economic growth
may not improve significantly in the short term even
though it will benefit both India Inc and the
government in the medium term, experts say. Most
economists forecast inflation to come down as GST
rates for most goods have been fixed at a lower rate India Inc will have to reorganize their businesses as
the country switches to the GST regime, which will
bring in more small companies into the tax net. “It’s not optimal, but let the best not be the enemy
of the good. Even with its imperfections, it could
usher in significant benefits, especially through a
quantum leap in transaction trails and logistical
efficiencies,” DK Joshi, Chief Economist of Crisil
Limited, wrote in a report. But most say the Reserve Bank of India is unlikely
to cut policy interest rates at the next policy review
on June 6-7, as it will assess the monsoon situation
as well as the way the new tax regime pans out,
says Sunil Sinha, Chief Economist of India Ratings. HERE ARE FIVE IMPACTS GST WILL HAVE IN
THE NEAR TERM: 1. Shaking up corporate operations
? The new tax regime will force many
companies to restructure their operations
? Companies will now insist vendors and
suppliers to furnish invoices as GST will make it
Impossible for firms to evade taxes.
? Big companies stand to benefit as they have
a supply chain in order and can offset taxes
paid on inputs.
? Smaller firms may end up spending more as
compliance cost will rise.
? “While the impact on companies varies
following existence of production units in the
excise exempted zones, implementation of
GST should result in cost savings in the
supply chain network and expedite a shift
from unorganized to organized trade,” foreign
brokerage firm Jefferies said in a note. 2. Passing on the benefit of lower tax While the GST Council, headed by finance minister
Arun Jaitley, will keep a close vigil on whether
companies are passing on the benefit of lower taxes
to consumers, experts expressed doubt on the
implementation of anti-profiteering norm. “We believe that while corporate would pass on the
direct benefits of GST (like a lower tax rate), they
would aim to retain partly (if not fully) the indirect
benefits from the saving in logistics costs, streamlining
of business processes and the seamless flow of input
credits,” Nomura said in a report. While GST laws include anti-profiteering
measures—the benefits of the reduction in the tax
rate and input credit shall be passed on by a
10
commensurate reduction in prices— such measures
are difficult to implement and would be a retrograde
step, similar to price controls, if implemented in
haste, Nomura added. Companies may use the savings from tax outgo
under the GST regime to improve profit margin to
some extent and invest the rest in building new
capacities. 3. Inflation may remain low Analysts have no doubt that inflation will remain low
as GST rates on essential goods such as food
grain, household consumer items and essential
services have been either exempt or kept lower. However, assuming that GST does have the
intended effect of increasing tax compliance, the tax
burden would increase, Morgan Stanley said in a
note. This could lead companies to pass the costs
of higher tax compliance on to the consumer at a
later stage, it said. Most of the services are not accounted in the
consumer price CPI inflation basket and hence the
higher GST rates may not get reflected on the retail
price movement as measured by the government
data. “Services sector component in CPI is around 20%,
whereas they account for almost 50% of the total
consumption basket in the economy,” says Soumya
Kanti Ghosh, Chief Economic adviser at State Bank
of India. There are services like health, education,
miscellaneous segment, transportation are outside
the ambit of GST. “Hence, GST implementation on
CPI impact will be minimal. We estimate that GST
will have neutral impact on headline CPI,” he said
forecasting the average inflation at 4-4.5% during
2017-18. 4. RBI may not cut rates in June While inflation is expected to ease further with GST
rollout from a record low of 3% inApril, analysts
expect RBI may not immediately lower policy
interest rates. “RBI will watch out for the monsoon progress as also
how the GST pans out,” saidSinha of India Ratings. In the last policy review, RBI had flagged concerns
that the “one-off” impact GST may be inflationary.
The central left policy rates unchanged in April. SBI’s Ghosh says the RBI will most probably pause
on June policy review. 5. Economic growth may not jump immediately
Economists are not sure of the immediate impact of
GST and some even say it may impeded growth in
the short term as big companies reorganize their
businesses and as small firms lose revenue. “The GST implementation will be disruptive as there
will be a major change in the supply chain,” India
Ratings’ Sinha said but added the tax reform will be
beneficial to the economy in the medium to long term. Most analysts forecast the economy to grow close
to 7.4% in 2017-18, the first year of GST rollout,
which is slightly higher than 7.1% in 2016-17, but
lower than 7.9% of 2015- 16. While GST is unlikely to be a “positive” for economic
11
growth in the short term, Crisil’s Joshi said the
reform will improve the ease of doing business,
bolster investor sentiment and lure more foreign
investment in coming years.
IMPACT ANALYSIS OF GST ON
SMALL AND MEDIUM ENTERPRISE Small and Medium Enterprise have been considered
as the primary growth drive of the Indian economy for
decades. It is further evident from the fact that today
we have around 3 million SMEs in India contributing
almost 50% of the industrial output and 42% of India’s
total export. For a developing country like India and its
demographic diversity, SMEs have emerged as the
leading employment –generating sector and has
provided balanced development across sector. Let’s
examine what would be the impact of GST on Small
and Medium enterprise. After the passage of goods and services tax (GST)
Bill, the Industry is hailing the government for
bringing up this reform which have been long
pending because of political deadlocks. But before
we analyze the impact of GST on Small and
Medium Enterprise, we should understand how
GST is going to widen the taxpayer base. Earlier,
any manufacturer with a turnover of Rs.1.5 crore or
less was not required to comply to the rules of
excise duty. However, with the merging of all state
and central level taxes into the admit of GST, any
manufacturer with a turnover of Rs.20lakh(other)/10
lakh (Special category States) or more will have to
comply with GST and its procedures. All the compliance procedures under GST-
Registration,Payments, Refunds and Returns will
now be carried out through online portals only and
thus SMEs need not worry about interacting with
department officers for carrying out these
compliances, which are considered as a headache
in the current tax regime.
12
Below we have provided a high level impact analysis of
GST on small and medium businesses in India.
Compliance procedure Positives Negatives
Registration Online registration will ensure Not all the SMEs have timely receipt of certificate of technical expertise to deal registration and minimal with online system, thus most bureaucracy interface of them will need intermediaries to obtain for them. This will add to their
registration cost.
Payment Electronic compliance will Since funds are required to be bring transparency and will maintained in the form of also reduce the compliance electronic credit ledger with cost. the tax department, it may
result in liquidity crunch.
Refund Electronic refund procedures Refunds can be claimed only will fast track the process and after filling of relevant returns. enhance liquidity for SMEs Also it is depends on the
supplier and his rating.
Return All returns are required to be Minimum of thirty –seven filed electronically. returns are required to be filed by every registered taxpayer
during a financial year Content Page
13
Effective Ways to Improve
Business with Market Research
Lawanya R P P
PGDM
Successful organizations use market research
make better business decisions and maintain their
company’s competitive edge. Regardless of
whether it is a startup or expansion of business,
research is vital to understanding the target
markets and increasing sales. Some of the key areas where market research can
help improve business are discussed below.
1. Improve branding Companies can use market research to improve
their branding by exploring such subject as:
? Brand awareness—Are customers aware
and familiar with company’s brand?
? Competitive comparisons — how do
customers view the company compared to
the competition?
? Personification—what characteristics and
traits do customers associate with the
company’s brand? Companies can also survey customers to gather
feedback on marketing content suchas logos,
brochures, websites, etc. Brand research is typically
conducted by interviewing customers or organizing
focus groups. In this way, companies can explore
different topics in-depth and get feedback from the
participants. The results will help them develop brand
positioning and improve their marketing assets.
2. Understand customers better Organizations need better information on the size of
their market, their target customers and best ways
to reach them. For ex, if the company developed a
new kitchen product and wanted insights on the
target market. Here are some of things to find out
about typical customers for this new product.
How old are they?
Are they male or female?
What is their marital status?
Do they have children?
Where do they live?
What is their level of education?
What kind of social media do they use? This type of consumer study helps us to understand
the profile of the target audience so that companies
can develop focused brand positioning. By focusing
efforts on the right target market, companies can see
faster results, improved efficiency and greater overall
performance from their marketing campaigns. 3. Measure the effectiveness of marketing Organizations want to do a better job promoting their
companies and generating sales. Market research can
help by providing information on the effectiveness of
marketing efforts. Company can design studies to
gather feedback from customers on the look and feel
of their marketing messages. They
14
can also measure customer awareness and reaction
to specific marketing campaigns and activities. Gathering this type of data can really help maximize
marketing budget by helping design marketing that
reaches and resonates with the audience. 4. Identify new opportunities Market research can help organizations identify
new market opportunities that might be available to
the company. It can help identify geographic
regions for expansion and/or test the market’s
readiness for new products or services. For example, organizations could be looking to
open a new retail store and need to find the right
location. Or may be planning to change the
distribution channel and need to determine how the
decision will affect the customer base. To answer these questions, companies could
analyze existing data from government
publications, and/or industry specific reports. These
sources provide insights in such areas as:
Market size
Demographics Market share statistics
Industry dynamics
Major industry suppliers Key competitors
General industry data such as number of firms and
their geographic distribution. Obtaining this type of market data is a necessary first
step to help firmly “size up a new market” to determine
the optimal business strategy and operations. 5. Get insights into product features If organizations want to come up with a new
product or improve an existing one, theyneed to
know whether they have the right features and
packaging. Research will provide insights that
company can use to refine products, before
committing to expensive production costs. When companies design new product research,
they gather consumer feedback on a concept
and/or a prototype. They also need to collect data
on consumer reaction to the product and its
features, including its look, design, usability, colors,
packaging and other variables. Companies might also ask how consumers would
shop for this product to gather insights for a
distribution plan. They can also ask for reactions to
the marketing messages, creative content and
promotional ideas that are planned for the product
launch. Typically, companies would have to start with
qualitative research (interviews or focus groups)
because this conversational format allows to gather
rich, in-depth feedback from consumers. If possible,
company could provide a prototype or sample of
the product for customers to touch and use. After that, companies could validate the research
insights with comprehensive survey with a similar
audience but a larger sample set (i.e. more than
100 consumers). By doing this, companies will have
rich data to make informed decisions on finalizing
the product concept and/or design. Content Page
15
How to Succeed in
Key Account Management
Harshdeep kakkad
PGDM
Key Account Management is an approach which includes developing a long term relationships with their strategic customers, whose need you understand in depth, and for whom you gives a special offers with a differential advantages. KAM is one of the most important change in the selling that has been seen from past two decades. KAM is radically different organizational process B2B suppliers use to manage their relations with the strategically important customers, and it produces measurable business benefits. KAM IS AN ORGANIZATIONAL CHANGE, NOT A SALES TECHNIQUE. Smart suppliers are keen to implement the KAM. But sadly many KAM implementations fails and are abandoned. The chances of success can be increased by following steps:- 1. Recognize that KAM is an organizational
change, not a sales technique. ? KAM implementations take years, not
months. The companies that succeed in the implementation of the KAM thought the changes in a way they did business, not as something confined to the sales. KAM is a commitment to work differently with the strategic or priority customers, to fulfill this promise other supplier divisions has to understand and support KAM.
2. Involvement of top level sponsorship.
? An organizational changes of this magnitude requires interference of top level sponsorship. The best companies have high level sponsors for each of their key accounts. For example, members of board of directors, including CEO, each sponsor several key accounts and visit regularly
3. Appoint a KAM champion.
? Once an organization decides to implement
KAM, the next step is to find someone to
champion the program. It’s best if this person
directly reports to top level management, at
least for the duration of the project. Your KAM
champion should be passionate and have good
influencing skills and a high energy level.
Tetrapak has two KAM champions who travel
the world promoting the message about KAM
within the companies. 4. Identify your key accounts carefully.
? To start KAM program, identify some key accounts and develop offers that differentiates them from the rest of the customers. Start small. It is easier to add customers to your KAM program instead of demote customers after you have told them they are key accounts. Our thumb rule is to have between 5-25 key accounts. Do not add certain customers to your KAM program just because they have been customers for a while or they are buddies with the CEO.
5. Appoint and train your key account manager.
? Many organizations appoint their best salespeople into KAM role. KAM is about changing the way people work- it is not just a sales technique. Think about what the role requires (finance, planning, interpersonal and influencing skills), and then pick the right person for the role. Don’t forget to train them: very few people have all the skills to be required for KAM role.
Content Page 16
Tuhina Hazra IIIsem UOM
Goods and Service Tax (GST) is an indirect tax applicable throughout India which replaced multiple cascading taxes levied by the Central & State Government. It is one indirect tax for the whole nation, which will make India one unified common market. It is a single tax on the supply of goods and services, right from the manufacturer and consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which makes GST essentially attacks only on value addition at each stage; the final consumer will thus bear only the GST charged by the last dealer in the Supply Chain, with set of benefits at all the previous stages. IMPACT OF GST Things can have a positive impact or a negative
impact. Things such as : I. Eating out
II. Phone bills
III. Jewellery IV. Online shopping V. Banking & insurance
VI. Travelling
THINGS WHICH HAVE BECOME CHEAPER
1) Buying a car 2) Televisions 3) Movie tickets 4) Processed foods 5) Cement
GST impact on Economy: Things to watch out for
? Shaking up corporate operations- the new tax regime will force many companies to restructure their operations.
? Passing on the benefit of lower tax – close look
on whether the companies are passing on the benefit of lower taxes to consumers.
? Inflation may remain low – as GST rates on essential goods such as food grain , household consumer consumer item and essential services have been either exempt or kept lower.
? RBI may not cut rates in June
? Economic growth may not jump immediately.
? There will be more transparency in the system . GST will remove custom duties applicable on exports, a single taxation system will eliminate the roadblocks such as check posts etc. Impact on common man : COMMON MAN FRIENDLY
? Huge number of items are either tax exempt or in 5% tax bracket.
? Maximum benefits to the poor and the common man .
? Ensuring that poor will get their due . ? Level playing field for small traders in any
part of the country. IMPACT ON INDUSTRY
? Common procedures for registration, duty payment , return filing and refund of taxes .
? Seamless flow of tax credit from manufacturers / supplier to user / retailer to eliminate cascading of taxes.
? More efficient neutralization of taxes to make our exports more competitive internationally .
Source: www.gstindia.com www.wikipedia.org www.indiafilings
Content Page
17
An Article on Compilation of
Two Wheeler Brands in India
G VIGNESHWARAN
PGDM
INTRODUCTION In two wheeler markets India has the world second
largest Market. It stands next only to Japan and
china in terms of the number of two wheelers
produced and sold respectively. In India every
month sold nearly 3-lakh motor cycle. The two- wheeler industry is among the few that
have managed to face the industrial slow down. The
industry's impressive growth of over 14%. The
Indian two wheelers industry can be broadly
classified into three major segments i.e.:-
1. Scooters
2. Motorcycles
3. Mopeds. Here in this study, by this research we are trying to
analyse about the number of two wheelers and
what motivates and influence them to buy two
wheeler what is the most preferable choice in two
wheelers in case of motor cycles and scooters and
the most recent two wheelers choice in the market
.what are their preference, who influenced them and
the reason to buy. Two-wheelers are one of the most versatile forms of
transportation. The adaptive ability of a motorised
two-wheeler can be characterised by its usage
quick transport small packages of goods through
the cramped bazaar streets. A fast ride to catch the
school/college bus, or even a brief
trip to purchase vegetables. The
sheer pleasure of riding a motorbike with the wind
blowing on your face, while on a pleasure ride is one
of the most compelling reason to own a two-wheeler. In India, the three top reasons for ownership of a
two-wheeler are:
? low cost of ownership and maintenance
? compact size and
? ease of learning and use After year of cursing along at fairly relaxed pace, two-
wheelerIndustry has finally stepped on the accelerator
& swayed its wayTimely in to the first lane. All the
major players in the market includingHero Moto Corp,
Bajaj,Mahindra, TVS, Honda, Yamaha, Suzuki Royal
Enfield, KTM, Kawasaki, work over time to grab slice
of two-wheeler pie aspossible, the market is suddenly
for action. OBJECTIVE Each and every work in our life is governed by
some aims or objectives. Any work without any
objective is like a ship in the mid sea without a
compass. So for every work objective should be
specific and focused. Our project is not an
exception. To identify and analyse the market of
automobile industry in two wheeler segment.
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IMPLICTIONS
Four companies in India with top sales record are
Honda, Hero, Tvs, Bajaj.., The market leader Hero Honda registered a healthy growth of 12 % in its domestic sales whereas Bajaj Auto disappointed with its domestic sales plunging by 23% in FY09 over FY08. Likewise, TVS Motors saw its domestic sales dropping marginally by 1.4 % in FY09, but in contrast, Honda Motorcycles and Scooters India (HMSI), a wholly owned subsidiary of Honda Motor Company, recorded a robust 16.5 % growth in domestic sales in India. According to Research, a large bouquet of two-wheeler models
and variants to offer, coupled with strong-hold in entry level segment comprising 75 – 125 cc
motorcycles to concentrate in these level of
domestic motor cycle for increase in sales growth. CONCLUSION The article revealed the consumer preference and ownership pattern and the sources of information they used to make the purchase decision, and importance given to various evaluation criteria. Understanding compilation of two wheeler or "knowing customers" helps to satisfy both manufacture and customer needs.
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A Study on Quality of Life of Gym User Standard indicators of the quality of life include not
only wealth and employment but also the built
environment, physical and mental health, education,
recreation and leisure time, and social belonging. According to the World Health Organization (WHO),
quality of life is defined as “the individual's
perception of their position in life in the context of
the culture and value systems in which they live and
in relation to their goals.” In comparison to WHO's definition, the quality of
life as “life quality at a precise moment in time.” Bangalore also known as the fastest emerging India's
fitness capitals and can probably boast of the largest
number of premium gyms and fitness centers in the
country. The large numbers of IT companies in these
cities with their fitness-conscious employees are
obvious targets of the gyms. They have high pressure
jobs and travel a lot. Corporate, on their part are today
very conscious about employees' health and fitness
issues R.T.Nagar scenario: Rabindranath Tagore Nagar or just R. T. Nagar is
an area in Bangalore, India. It is situated in the
northern part of the city. There are fifteen gyms in
the entire area with seven hundred gym users. Out
of which 7 people opt for body building, 260 people
for fitness, 430 People for weight correction and around 50 people for
stress buster. In order to identify the extent and nature
of cause-and-effect relationships. Causal studies
focus on an analysis of quality life of gym user to
explain their gym usage patterns. We conduct a survey in the gym of Bangalore-R.T.
Nagar to gather people's perspective toward fitness,
health, workout and nutritional supplements. In depth interviews were conducted with the trainer
and customer chosen from wide spectrum of
gym.The use of well formatted questionnaire
selectively prepared for gym user provided a
comprehensive picture of common man's
perception towards fitness and health.
The above graph represent the purpose of visiting
gym. Our survey emphasis people are more
devotees towards stress buster which is 50%
compare to others.
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Stress has behavioural consequences which in
excess could have physical consequences. The
above graph represent 64% of people undergo high
level of mental stress.
The above graph represent the stress level relieved
after visiting the gym. About 58% of respondent
agreed that stress level decreased after visiting gym.
About 70% of respondent agreed that purpose of
visiting gym is to gain self-confidence followed by
good looks 60%, more energy 25% and so on.
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The above graph represent the fitness level visiting
gym before and after. About 76% of respondent
agreed that fitness level increased after visiting gym. CONCLUSION The survey data demonstrated the significant
improvement in the 'quality life of gym user'. They
also showed that the program increased
percentages of participants engaging in positive
environmental behavior. Healthy living is a combination of many things,
including good nutrition, regular exercise and a
positive attitude. Taking care of your body and
feeling pride in your accomplishments can improve
both your physical and mental health. There are many things you can do to improve your
quality of life - improving your diet and exercising
regularly are two of the easiest steps. No matter
how small you start, you can make a change and an
improvement in your life. For more ideas on improving important life skills
and your quality life, try some of the other skills
courses, such as assertiveness training, improving
self-image, and stress management. In conclusion, this survey successfully provide us
valuable information about devotion of people to gym.
According to this survey we released that some of
the gymer can be so determined to work out in the
gym for more than one hour especially those body
builder and for those people who aim to lose weight. We also realized that some of the gymers just go to
the gym for less than an hour, probably feeling tired
or lack of time, while some of them nearly go gym to
socialize and relax themselves. Besides, the
biggest problem that we found out is some of the
gymers do not know the way of using the equipment
in the gym room due to the unclear instruction. Last but not least, from the survey we did, we found
that most of the gymer expect to have more gym
rooms that are opened 24hours daily so that they are
more convenient and have more choice of time to go
for gym even after whole day of working or studying. We truly thank to all respondents and all parties that
provides help when the survey is ongoing. We also
advice and encourage people to exercise more,
regardless outdoor or in the gym. They should refer
to experience friends or senior, or look for advices
tutorial online before doing workout so that they can
reach their aim effectively and avoid themselves
from being injured. Taking care of our body
appearances is not a form of vanity, but is one of
the ways to boost one self-confidence.
Pallabi Sinha Vigneshpandi Arikatla Amarnadhreddy Kevin Priadarshan
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G VIGNESHWARAN PGDM
The Story of Two Seeds
Two seeds lay side by side in the fertile soil. The first seed said,
"I want to grow!
I want to send my roots deep into the soil beneath me, and thrust my sprouts through the earth's crust above me...I want to unfurl my tender buds like banners to announce the arrival of spring...I want to feel the warmth of the sun on my face and the blessings of the morning drew on my petals"!
And so she grew...
On The Other Hand
The second seed said, "Hmmm...
If I send my roots into the ground below, I don't know what I
will encounter in the dark. If I push my way through the hard
soil above me I may damage my delicate sprouts what If I let
my buds open and a snail tries to eat them? And If I were to open my blossoms, a small the ground.
No, If is much better for me to wait until it is safe".
And so she waited...
Then one day.
A yard hen scratching around in the early spring ground
for food found the
waiting seed and promptly ate it. Those who think
negatively and refuse to risk will get swallowed up by life...
BUT THOSE WHO "DREAM BIG & THINK POSITIVELY" WILL GROW & PROSPER.
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23
ESSAKI MUTHU S PGDM
My Ideas
1. '' Lenz''
This technology helps to know everything easily.
If you take photo (Television), it would be tells about
its future life, capacity, brand, manufacturing
date,.
If you take a photo(Land), it would be tells about the
land ; what type of land it is, it is suitable for built
buildings or cultivate something.
2. SPINNER MOBILE CHARGER
Everyone would be affected by to maintain our
mobile charge. In that situation my
technology will helps you.
If you forgot to charge your power bank and struck
in without electricity area, spinner charger will
helps you. Content Page
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How to Stop Feeling
Insecure
AJAY JAJU UOM
Embrace insecurity totally. Of course it`s easier said
than done but this is the only way out of insecurity.
You will feel secure once you are completely “okay”
with the uncertainty of life. Then your mind will not
hold you hostage with thoughts of insecurity. Here a
few pointers which you can use against your mind
when it tries to frighten you with negative thoughts. Embrace ”not knowing” :- If you are uncertain you
are closer to truth than when you fully certain. The
mind wants conclusion but life is always open
ended. Get comfortable with “not knowing” and
most of your insecurities will vanish. Have you
noticed that the thing you are most certain about is
what lets you down? You can`t ever know what`s good for you. Just let live
bathe you in experiences because that`s what this
game is all about. When you are willing to soak,
instead of resisting, life becomes a beautiful journey. Failure is the best thing that will happen to you :- Stop judging yourself on the basis of a failure or
success. No success ever lasts, neither does failure.
Everything in life is just an experience. Fell free to fail
miserably, it`s the best growth experience you will ever
have. After all, is it not true that success teaches you
nothing while failure deepens you. Obsessing about the future is just a waste of energy :- take no thought for the morrow, for the
morrow shall take thought of itself- a simple yet
profound saying. As esus said, “look at the lilies how
the grow, they don`t toil and spin”. Plan your future if
that you can ever predict it. Be
comfortable in the knowledge that
everything works out for the good. Nothing will last forever :- Why do feel so scared to
accept this simple truth of life. Everything that arises
will subside eventually. All forms, relationships,
businesses etc. Insecurity arises when we don`t
embrace this truth. Life is all about birthing and dying. “ This shall also pass” :- just remember these
words if you ever fell insecure about a life situation.
The most miserable experiences have a time span
for which they can last, and then they pass, why not
just look for the seed of growth in our experiences
instead of dreading their presence. Allow a deeper intelligence to guide you :- your
mind is just a alarmist of the worst order. It filled
with ideas of dread. It`s always expecting the worst
and all it does is scare the hell out of itself. The truth
is that you are not your mind. The awareness in
which the mind noise arises is what you are in
reality. When you simply stay in silence you get in
touch with your true nature of “pure awareness”.
Deep wisdom flows in when you are in touch with
this space. So when you feel insecure, just become
silent for a while. The mind noise will threaten and
shout, but you just stay effortless and silent. If you do this a deep intelligence will suddenly arise
within you and either resolve your problem or give
you the strength to cope with it Don`t run away from the pain :- As hard as it might
25
seem, you have no choice but face the pain. If you
run away from it, it will arise again and more
strongly. If thoughts of insecurity arise within you,
don`t shield yourself by taking the protection of
alcohol, entertainment or food. Face it, become
deeply one with it and be completely aware of it you
don`t have to analyze it. Just stay as the silent
presence till its done with its play.
Write down your problems:- if you are feeling
insecure about a future situation, it`s very helpful to
write down the exact nature of the problem. Just
writing it down will help clear up mind.
You will be amazed at the various solutions you can
come up with once you put down your problems on
paper instead of twirling it around in your mind. Be
very objective in how you approach the problem. If
you really don`t know how to solve it just become
comfortable with the feeling of not knowing.
Thoughts of insecurity will arise. There will be no
stop to it. The mind by its very nature is always
insecure. The secret is to by detach to the mind,
then its horror tales will not influence you. This is
the only true liberation from insecurity. Content Page
26
U R Great Papa
PAPA, LIVING THE LIFE IS TAUGHT BY YOU
LOVING THE LIFE IS TAUGHT BY YOU.
Your brain is as fast as deer
You are as majestic as tiger
You have the strength of a mountain
Yet even you have the purity of water fountain
PAPA LIVING THE LIFE IS TAUGHT BY YOU
LOVING THE LIFE IS TAUGHT BY YOU
You are a person who is very polite and elegant
You are one among the living legend
You are very amiable
And can make the unable work able
PAPA LIVING THE LOIFE IS TAUGHT BY YOU
LOVING THE LIFE IS TAUGHT BY YOU
Without your support we all are down!!
As you is the precious diamond in our family crown!!
So much to learn and so little time
From a man who leads o life so fine
PAPA LIVING THE LIFE IS TAUGHT BY YOU
AJAY JAJU
UOM Content Page
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Mother and The Child
A child is a helpless creature,
That can only be helped by a mother.
Mother is an angel for the child.
Whom god has sent to care for the child.
She makes the child happy,
And smile and sing for him.
She teaches the child a language to speak,
And the way to pray to god.
She protects her child with from all evils,
And loves her child with whole heart.
She talks about god with her child,
And the way to talk to god.
This is how a mother nurtures her child,
Even at the risk of her life.
Thanks you god, for creating mother.
Thanks you mother, for giving me such
A wonderful life
Be with me till I am alive
To my love mother
AJAY JAJU UOM
Content Page
28
IIBS is The Best
When I completed my graduation,
I had no idea to join which College?
But I found IIBS Then,
I was in a dilemma as to join or not,
And it was my manager, parents and my friends who guided me,
“Why don’t you join IIBS” ?
When I went there (new campus) I saw that
It was really amazing.
Our lecturers are kind,
Our professors never get angry,
They are in the mood of joy,
We have often been described as “well done”.
Every time we are really good at heart.
I can proudly say that I have ` A big family of IIBS!
We children of IISB,
Say that “IIBS IS THE BEST”
AJAY JAJU
UOM Content Page
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Only for You
I COME TO SCHOOL, ONLY FOR YOU,
MY ATTENDANCE IN THE CLASS, IS ONLY FOR YOU
I ATTENDS LECTURES, IS ONLY FOR YOU,
MY REGULAR VISITS TO THE SCHOOL
LIBRARY IS, ONLY FOR YOU
I STUDY MORE, ONLY FOR YOU
I REMAIN SINCERE, ONLY FOR YOU,
I DO NOT SLEEP, ONLY FOR YOU,
I WAKE UP AND MAKE UP EARLY MORNING, ONLY FOR YOU,
DON’T BE SILLY YAAR,
IT`S MY “FINAL EXAMINATION”
OH! MY DEAR EXAMINATION!
MY DEVOTION TO STUDIES IS,
“ONLY FOR YOU………..”
AJAY JAJU
UOM Content Page
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THOUGHTS
Before you Speak……………. Listen
Before you Write…………….. Think
Before you Spend…………….. Earn
Before you Invest…………….. Investigate
Before you Criticize…………….. Wait
Before you Pray…………….. Forgive
Before you Quit…………….. Try
Before you Retire…………….. Save
Before you Die…………….. Give
AJAY JAJU
UOM Content Page
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We and Our States
Bombay For Beauty,
Delhi For Duty,
Bengal For writers,
Punjab For Fighters,
Karala For Learners,
Maharashtra For Workers,
Bihar For Mines,
Himachal For Pines,
Nagaland For Hills,
Ahmedabad For Mills,
Kashmir For Paradise,
Tamil Nadu For Wise,
Madhaya Pradesh For Health,
Gujarat For wealth,
Let us make it a place of prosperities
AJAY JAJU
UOM Content Page
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AJAY JAJU UOM
Positive Attitude to Cope Your Stress Living with constant insecurity can be stressful.
Living with job insecurity _the “fear” of losing your
job _ can be more harmful to your health than
actually losing it. Here, keeping a positive attitude
can make all the difference! If you`re stressed
about your career, try some of these tips:
? Remember the saying “Whenever one door closes, another one opens.”Livin with uncertainty can be uncomfortable, but you
can control hoe you look at it. It can be an
adventure, and the chance to do something
new. ? If you`re a good worker with marketable
skills, then you have a lot to offer other
potential employers if you get laid off. This is
why it`s so important to keep your skills
relevant and up _to_ date ? In today`s job market, the technical skills you
need can change quickly. So, develop your
nontechnical skills as well. If your lack of job
security is due to a drop in demand for your
technical skills, think “outside the box.” What
else can you do_ and how can you prove that
you could learn a new line of work? Look at
your track record of being adaptable, your
organizational skills like time management,
team management and leadership. ? Stress can result from a feeling that you don`t
have control over your situation. Remember,
you ALWAYS have control. It`s your life, and
it`s within your power to change it. If you`re
afraid that you might get “downsized,” then
take control and act. Look for lateral transfers
within your company, to a different department
or even a different branch. Start learning about
other departments; perhaps your skills would
allow you to do something completely different
within the organization. Be PROACTIVE
instead of REACTIVE. ? If you`re part of a team (or if you`re leading a
team ), allow everyone to voice their fears.
Communicating and expressing frustrations
are important, but don`t let these fears
dominate the group. This can create negativity
and hurt morale. So, have an open discussion, Content Page
33
Beautiful Prayer
I ask God, to take away my habit. God said, No.
It is not for me to take away, but for you to give it up. I asked God to make my spirit grow.
God said, No. You must grow on your own!
I asked god to grant me patience. God said, No.
Patience is a by product of tribulations; It isn`t granted, it is learned.
I asked God to give me happiness God said, No
I give you blessings; Happiness is up to you. I asked God to spare me pain
God said, No Suffering draws you apart from worldly cares
and brings you close to me. I asked god for all things that I might enjoy life.
God said, No I will give you life, so that you may enjoy all things.
I asked God to help me LOVE others, as he loves me. God said, ahhhh, finally you have the idea.
This DAY Is YOURS DON’T THROE IT AWAY May God Bless You,
“To the world you might be one person, but to one person You might be the world”
AJAY JAJU
UOM Content Page
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World`s Easiest Quiz!!
Try and Answer These Questions, You Pass If You Get 4 Correct Answers.
I. How long did the hundred year`s war last? II. Which country makes panama hats? III. From which animals do we get cat gut? IV. In which month do Russians celebrate the October revolution? V. What is camel`s hair brush made up of? VI. The canary Islands in the pacific are named after what animal? VII. What was king George VI`s first name ? VIII. What color is a purple finch? IX. Where are Chinese gooseberries from? X. What is the color of the black box in a commercial air plan?
If You Think, You Got All The Answers, Then Check Them Out: i. The hundred year`s war lasted for 116 years.
ii. Eaidor makes panama hats.
iii. We get cat gut from sheep’s and horses.
iv. Russians celebrate the October revolution in the month of ovember.
v. Camel`s hair brush is made up of squirrel fur.
vi. The canary Islands in the pacific are m=named after dogs.
vii. King George VI`s first name was Albert.
viii. A purple finch is crimson in color.
ix. Chinese gooseberries are from new Zealand.
x. The color of the black box in a commercial air plane is orange.
AJAY JAJU
UOM Content Page
35
AJAY JAJU
UOM
Sudoku Challenge
You must solve it by taking care that the numbers should be from 1 to 9 but they should nor
horizontally nor vertically repeated.
1 8 9 2 7
7 1 2 4
4 9 7 1 8
2 5 3 8
8 6 5 1 3
Content Page 36
MOM Program 3-7-2017 - 9-7-2017
The La Search module as a part of the MOM program
focused on the basics of leadership guided by
professionals through nonstop activities. The activity took off with a contact and coordinate
game, where the students had to make sure to be
in touch with each without disturbing the
requirements of the surroundings, and without
being disturbed by the external influences. The risks of being a leader, a follower, a team player,
a motivator, a competitor were understood through the
Landmine game where a blind folded individual was
guided/misguided to reach the goal with all the risks
accounted. A leader has to be a good listener, a team player, one
among everyone and respecting everyone at par. The
leader has to have the ability to accommodate every
individual along with their mindset and accomplish the
task with available resources. The paper tower activity
taught the students with perfection. The La search concluded reluctantly with the
students asking for more irrespective of the time.
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Adventure Learning Programme (ALP)
9th July 2017 Adventure Learning Program is the most interesting
outdoor learning program. It helps students to learn
corporate culture through the adventure program
organized by IQuest. ALP is conducted before the
commencement of the academic session as it helps
students in the following areas i.e., Planning,
Leadership, Communication, Listening Skills,
Problem Solving, Time Management, Relationship
Building, Creativity and Delegation. The students were taken from Bangalore to
Ramnagar in the morning on 9th July 2017. After
reaching the venue breakfast was provided and
after that everyone was asked to assemble for
introduction and warm-up session. Students were
divided into two groups for the activities. The very
first activity was Rippling, followed by Zipline,
Jumaring and other learning activities. The entire day program ended with dinner followed
by bonfire with musical event. The very next
morning students were taken for morning trekking.
The entire program really worked as energy booster
for to start the academic session.
“The Biggest Adventure You
Can Ever Take is to Live Life of Your Dreams”
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C N 2017 - 3/7/2017 The Corporate Night (CN) 2017 envisages to bring in
a congregation of students, faculty and the eminent
corporate personalities to evoke a common
understanding about the future which is on the anvil. It
is envisioned that the students who are on the stilt of
getting into the corporate work need to gain the
required awareness about what it is all about in a
multi-dimensional setup. The CN 2017, Corporate Night will help in bringing
about the required awareness among the students
on the horizon which they are the novice with.
Corporate Night 2017 - Objectives 1. To ensure a positive mindset amongst the
students with a favouring mindset towards
employability. 2. Professional assessment of students with
integrated inclusive and exclusive approach. 3. Holistic modus operandi to be adopted in
performance grading of students 4. To help upgrade and reinstate training regimen. 5. How to ensure to become corporate fit?
? Groom the students to fit into the corporate
scheme ? Developing an inclusive approach with the
corporate. ? Devising & executing appropriate corporate
etiquette training ? Regular student assessment based on set
criteria.
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"Corporate Stress
Management Programme” Corporate Stress Management Programme at expert guidance of the honorable monks at Mahabodhi Society, Bengaluru. Third semester MBA Mahabodhi. All man-made problems have solutions if students of IIBS have undergone a day-long we understand the problem first. But, unfortunately, "Corporate Stress Management Programme" at we are scared of the problem and run away from it. Mahabodhi Society, Bengaluru on 7th of July, Therefore, grapple with the problem and find the right 2017. solution which is already embedded in it. One of the main hindrance to deliver the best output Our students were overwhelmed with the way the by a Corporate Manager is obviously the stress factor program was conducted through various activities in that he undergoes in his daily routine. If he is able to a calm and peaceful atmosphere far away from the keep the stress under control and channelizes it in a city in Mahabodhi. At the end of the day, the students positive direction, the same negative energy will do have come back charged with tons of positive energy wonders for his organization. This is what our to cope up with their studies and also preparing for the students have learned during the program under the internships that are in offing.
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Manthan 2017 - 14/7/2017 MANTHAN is about all fun, all joy, and all shimmery
skittering energy. The program was organized by
students, where they had invested their own money
and put up business unit like- food stalls, game zone,
etc. Students were divided into groups and everyone
came up with different stalls. All together we had four
food stalls- (Food Gallery, Fun & Yummmmm……, Tasty Food Corner, Homemade Food), four game
zones and one handicraft stall, one Mehendi and
Calligraphy stall. As the students were informed to organize the
program in a professional manner, every group
distributed themselves into different areas like-
Sales, Finance, HR to manage their stalls.
Vision:
? To delight and satisfy customers
Business Plan:
? Bang on strength (working on
individual strength)
Promotions:
? Direct Marketing ? Pamphlet
Payment Procedure:
? Cash ? Pay tm ? Debit Card
The students were given limited time to do business
and earn profit. The team with more profit was
considered winner. Though there was lot of
difficulties they had to face, yet they earned profit
and conducted a successful program. At the end
they all submitted their presentation and explained
their investment and profit. Content Page
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Industrial Visit - 17/7/2017 The only source of knowledge is experience, for the
same our students were taken for industrial visit to
Decathlon. Decathlon is one of the world's largest
sporting goods retailers. It was started with a store in
Lille, France in 1976, founded by Michel Leclercq. The students were divided into groups according to
their respective specialization- Marketing, Finance
& HR and were told to ask questions related to their
topics.
? They got to know about how products are
brought to India. ? They understood how 7 P’s are applied in real
market. ? How employees are recruited? Also, students got chance to play indoor as well as
outdoor games. All together it was new experience
for students and as well as for faculty.
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Corporate Social Responsibility
22/7/2017 The student of PGDM-17 of IIBS College, Airport
Road Campus has done a great job by actively
participating in the “Corporate Social Responsibility”
activity. They have done 150 surveys as a whole in
the CSR activity on 22nd July, 2017. The students
explained the villages about the GST as “One Nation
One Tax” done by Modi Government. Some people
were aware about GST like the educated young ones
and some businessman and some were unaware like
the farmers, housewife’s, school students , etc,. The students shared their own knowledge about
GST, like they don’t have to pay tax on tax, rather
only tax system for the whole nation.
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