The digital technology has been adopted by the services and connected devices. It led to increase the speed of economic growth and facilitate the creation of several jobs; it also plays an important role in helping policy makers to stimulate economic growth and employment opportunities. The impact of digitization by country and by sector is disproportionately. Developed economies enjoy the benefits of economic growth, higher by a factor of nearly 25 percent, they tend to lag behind emerging economies in job creation a similar margin The main reason for the differing effects of digitization is the economic structures of developed and emerging economies. With the introduction of computers, the world has completely changed, using computers and software the business use information technology in different departments including human resources, manufacturing, security, finance.
Amazon is just one of many major clients for FedEx delivery service. Amazon will produce superior financial returns for its shareowners by providing high value-added logistics, transportation and related business services through focused operating companies. According to Reimers & Waldfogel, 2017, Amazons income has quickly grown, by 150% since 2009, so its stockholders were seemingly prepared to forgo present revenues in exchange for upcoming returns (Reimers & Waldfogel, 2017). Given the low price and availability of vendor-supplied labor, many formerly self-contained companies now rely on vast networks of contractors to maintain operations (Cunningham-Parmeter, 2016). Customer requirements will be met in the highest quality manner appropriate to each market segment served.
A large portion of today’s society has greatly adored the advancements made in technology, although one cannot deny that is has its own benefits and detriments when put into education. Paperless education is considered to have economic, environmental, and health effects to society. When asked a group of people on whether iPads or tablets can replace textbooks in the near future, one might get mixed responses. “IPads and technology are the future”, they’d say, while some would argue “Education is more important and not convenience”. Such opinions are truer than ever, these days.
in the development of management to improved environmental viability of the industry (Greene, 1983:80). A global review of e-waste management indicates that, generally, waste production is high and on the rise, mainly in the realm of IT and communications equipment (Ongondo et al., 2011). India’s dramatic economic growth has largely promoted the domestic market for a variety of electronics, most notably mobile phones, personal computers, televisions, refrigerators, and washing machines. However, upon purchase of new products, most consumers do not know about the proper methods for disposing of the older product. It is estimated that 75% of electronic items are stored due to uncertainty of how to manage it.
The demands of the ethnic and culturally specific goods are expending due to the growth of the world economy and increasing the global trends for expenses on home furnish. B.G. Solosa and Johnson (2005) describe that the Bamboo handicraft enterprise is only the means of earning wage and there are needs to implement management practices in this sectors. The implementation of the management skill is very important for handicraft enterprise to know the actual problems and their solution with efficient manner. S. Bhattacharjee (2012) said that the role of internet is increases day by day in business world, due to its less capital intensive in nature as compared to the traditional business.
Liberalization in India was initiated in 1991 with the main motive of opening up the economy and making it service-oriented. The Government realised that the role of foreign as well as private investments in the economy should be expanded. Some of the measures included the reduction of taxes and import tariffs and the deregulation of markets leading to increased FDI and FII. Liberalization had its pros and cons with the country recording a very high economic growth during the period 1990-2000 on the upside, whereas, on the downside, levels of inequality and poverty also increased. The annual growth rate of India before liberalization was around 3.6% and PCI stayed around 1.2%.
7.1 Findings • Revenues in FMCG sector is largely influenced by the volumes and price of the products being sold. • There is a huge untapped rural market which is still not captured by the FMCG companies. • E-commerce is going to play a critical role in revolutionizing the sales and distribution of FMCG products. • Demand for small stock keeping units is increasing in urban as well as rural areas with the rising income in both the markets. 7.2 Conclusion HUL Key growth drivers for HUL would be its presences across various segments and also it can increase its revenues through more robust distribution and premiumization with the launch of liquid detergents, Sunsilk Keratin, Bru Gold etc.
Demonetization is the hottest new topic in the country. Financial experts are talking about what the long-term effects could be while several businesses and people are caught up in the exceptional cash crunch that has been caused. With the retail business achieving all new dimension, thanks to the growth of internet, the business models and the payment methods have all changed. And this difficult model is now further complicated by the introduction of demonetization. Though it is true that this can lead to a more positive effect in the long term, talking about the short term consequences, it has been primarily adverse for the customers and businesses.
Whereas people with no time are also benefited with this media. Amongst all the surveys online shopping has been proved the fastest as well as high growth mode of shopping as it is helping people to get convenience and also helping government to grow in e-commerce sector. It has also increased the job opportunities as more and more call centers are required. Online shopping has not replaced physical stores completely but has affected and has made the largest contribution in the sector. It has helped the people who were away from shopping and has increased the growth
Higher level education, however, remains out of reach for a large portion of the population. Quality tertiary level education can enrich and contribute to the arena of knowledge, technology and innovation (Pyle and Forrant, 2002; Taylor and Fransman, 2004), which are prerequisites and essential catalysts for faster economic growth of a country. Given that Bangladesh has a target to become a high-income country by 2041, ensuring quality higher education for its citizens is essential to make this dream a reality. Many students graduate from the public and private universities in Bangladesh every year, but only a small portion of them get opportunities to join the workforce (Asadullah, 2014),while the majority remain unemployed or under employed. An excess supply of university degree holders appears to be a serious issue for Bangladesh, as the economy cannot absorb