Indian telecom industry has gone through a high pace of market liberalization and growth since the 1990s and now has become the most competitive in the world and one of the fastest growing telecom markets. The Industry has grown over 20 times in just 10 years, from under 37 million subscribers in the year 2001 to more than 840 million subscribers in the year 2011. India has the world’s 2nd largest mobile phone user base with more than 930.12 million users as of May 2012. It has the world’s 2nd largest Internet user-base with over 300 million as of June 2015. Telecommunication has helped in the socioeconomic development of India and has played a significant role to narrow down the rural and urban digitalization divide to some extent.
They import as well manufacture locally to sell in the large domestic Indian market. India’s burgeoning software sector is generating huge demand for IT hardware and components in the domestic market Global electronics production was estimated at USD 2.1 trillion for 2013, which grew by 20% over the year 2012 and 5.1% year on year. Since the expansion of the markets for personal mobile terminals and automobiles will lead to greater production of electronic components, semiconductors and display devices, production by the global electronics and IT industries is expected to grow at a modest 4.9% per annum to reach USD 2.3 trillion in 2014. According to the World Semiconductor Trade Statistics, global semiconductor industry’s sales are estimated at USD 306 billion in 2013, 4.8% increase compared to 2012. Chart below depicts the segment-wise breakdown of global electronics sales.
2.12 Moral Principles and Professionalism Mafunisa (2001:335) states that moral principles are rules or standards governing the moral conduct of employees in an institution. According to Mafunisa, moral principles deals with values relating to human conduct, with respect to rightness or wrongness of particular actions and to the goodness or badness of the motives and ends of such actions. Rightness refers to what ought to be or what is approved and wrongness to what ought not to be or what is disapproved by the society. Kanyane (2010: 82) explains that within the context of the public service, leaders and managers need to possess high standards of principles and professionalism, two convergent qualities that could be considered non-negotiable
By reforming the public administration, better coordination and cohesion will be achieved in the field of policy formulation; greater accountability will be introduced vertically while the quality of service provision will be reinforced. To be able to achieve this, the Government, as the executive power, requires to be organized and work in accordance with the following values: Transparency: the governmental agency had to reveal their decisions, to share information with publics by using different media means. Accountability: It means the ability to punish immediately the responsible for any errors or mistakes regardless of his status in job echelon or the society. Actors have to be subjected to different kinds of accountability. Rule of law: administrative decisions must be authoritative by law, predictable and based on the principle of non-discrimination.
And since then, international tourism has been multiplied by 50 compared to 1950, and has reached 1,186 million tourist arrivals in 2015. The forecasts are striking as they expect 1.8 billion tourist arrivals by 2030, due to a growth of 3,3% per year between 2010 and 2030. Concerning the domestic tourists, UNWTO estimates the
It is necessary to examine and standard to ensure that they are reasonable .It is ethical to continuously study our own moral beliefs and our moral conduct to live up to the standard that are reasonable and solidly based. Ethical Marketing “Ethical Marketing is a philosophy that focuses on honesty, fairness and responsibility. Though wrong and right are subjective, a general set of guidelines can be put in place to ensure the company’s intent is broadcasted and achieved” (Anastasia, 2015). Ethics is a difficult because
All marketing communication professionals will have a basic understanding of the strengths and weaknesses of major marketing communication functions. The strengths and weaknesses must then be applied but first it needs to be evaluated objectively so that it will maximise the cost-effectiveness of each function (Ehlers, 2002:179). Data based driven Information is a fundamental part of integration (Duncan & Moriarty, 1997:19). The manner in which the customer and other stakeholder data is collected, organised and shared will determines whether or not that organisation has a record of its stakeholders’transactions and interactions. Without the building and using of databases, it is questionable for the organisation as to whether or not to establish personalised communication (Duncan, 2001:62).
The Global Logistics sector was expected to grow 10-15% in the period 2013-14. Logistics industry is expected to reach over USD 2 billion by 2019. Rise of e-commerce logistics and increased domestic consumption will lead the way for the industry in the coming years. With a promise of growth and improvements, the service oriented logistics industry is ready to expand beyond the horizons in the
Indian IT Industry Management Information Systems Mid-term Review Balasubramanian P [MS14A020] Chandan Kumar Sahani [MS14A023] Chirag Gupta [MS14A024] Overview of Indian IT Industry The Indian IT industry is increasing steadily despite the global slowdown in 2009. When the whole of the world witnessed negative growth, Indian IT industry still managed to showcase a growth of 5.5%. The industry is set to register the historic landmark of US $ 50 billion exports current year, according to the NASSCOM President, Som Mittal. The market of domestic is also hopeful to witness 12% growth, this current year. Potential size of India’s
The return of equity is 51%. in the last reporting period. As shown in figure 2.1 it has increased its revenue from R294 million in 1992 to over R18 billion in the 2015 reporting period. Mr Price (2015b) states that this growth is largely driven by Mr Price, which contributes approximately 60% of the group’s revenue, the Mr Price brands (Mr Price, Mr Price home and Mr Price sport) together constitute 83% of group revenue. Sales in South Africa grew by 12% in the previous reporting period, online sales grew by 110%.