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Volume 2, Issue 2, 2023

01/

Evaluating the Interplay of Purchase Decision, Brand Perception, and Loyalty in shaping Consumer Behavior Towards Maruti Suzuki
Gaurav Mittal, Dr. Amarjit R Deshmukh, Yashwant Kumar
Institute of Management and Research, Bharati Vidyapeeth (Deemed to be University)

This study presents a comprehensive analysis of consumer behavior and organizational success utilizing Maruti Suzuki as a case study. Drawing upon empirical research and theoretical frameworks, the study elucidates the intricate interplay between purchase decisions, brand perceptions, and loyalty, and their collective impact on organizational performance through behavioral composition. Harnessing structural equation modeling (SEM) analysis, the study reveals significant path coefficients indicating strong relationships between key constructs. Notably, favorable purchase decisions emerge as pivotal drivers of both consumer behavior and organizational success, underscoring the critical role of understanding and influencing consumer decision-making processes. Brand perception is identified as another influential factor, with positive perceptions contributing positively to consumer behavior and organizational outcomes. Customer loyalty emerges as a key determinant of organizational success, emphasizing the importance of fostering lasting relationships with customers. The findings highlight the importance of factors such as reliability, affordability, and fuel efficiency in shaping purchase decisions, as well as the significance of brand reputation, environmental sustainability, and customer service in influencing brand perceptions and loyalty. The study contributes theoretical insights and managerial implications for automotive brands seeking to enhance their competitiveness and achieve sustainable growth in today’s dynamic market landscape.

 

Keywords: Maruti Suzuki, Purchase decision, Brand perception, Loyalty, Consumer behavior, Organizational success

02/

Conducting Impact Assessment of Training and Development Strategies at ICICI Bank
Riya Bhalla, Dr. Amarjit R Deshmukh, Yashwant Kumar
Institute of Management and Research, Bharati Vidyapeeth (Deemed to be University)

This study assesses the impact of training and development strategies at ICICI Bank using Adaptive Learning Analytics (ALA) methodology. Demographic analysis, training participation metrics, and pre- and post-training assessments were conducted. Results indicate positive correlations between training participation and key performance indicators, suggesting improvements in productivity and customer satisfaction. Employee job satisfaction surveys highlight the positive relationship between training opportunities and overall job satisfaction. Higher retention rates among trained employees suggest increased loyalty and commitment. Predictive modeling and adaptive intervention design offer insights for future training initiatives. Implications include investment in personalized training interventions and promotion of a continuous learning culture. Continuous evaluation and improvement are recommended to align training programs with organizational objectives and enhance organizational effectiveness. This study contributes to the understanding of effective training practices in the banking sector, offering insights for strategic decision-making and talent management at ICICI Bank and beyond.

 

Keywords: ICICI Bank, Training, Development, Impact Assessment

03/

Enhancing CRM: Mapping Customer Touchpoints at Globetrot Travels
Aarushi Gupta, Dr. Amarjit R Deshmukh, Yashwant Kumar
Institute of Management and Research, Bharati Vidyapeeth (Deemed to be University)

This study investigates the impact of touchpoints on customer perceptions within the CRM strategy of Globetrot Travels Pvt. Ltd. Through a multivariate analysis grounded in ANOVA and MANOVA principles, the research examines various touchpoint attributes, including website usability, customer service interactions, and marketing communications. Findings reveal significant variations in customer perceptions across different touchpoints, highlighting the pivotal role of website interface, customer service effectiveness, and marketing communication clarity. Touchpoint optimization emerges as a key strategy for enhancing customer experiences and driving satisfaction. The study also identifies limitations, such as sample size and study design, and suggests avenues for future research. Overall, the findings underscore the importance of strategic touchpoint management within CRM strategies to foster positive customer relationships and drive business success.

 

Keywords: Customer touchpoints, CRM Globetrot Travels, Training

04/

Investigating Blockchain led Enhancement in CRM Operability at Shiva Infotech Innovations Pvt Ltd
Amanpreet Kaur, Dr. Amarjit R Deshmukh, Yashwant Kumar
Institute of Management and Research, Bharati Vidyapeeth (Deemed to be University)

This study investigates the potential of integrating blockchain technology into the customer relationship management (CRM) operations at Shiva Infotech Innovations Pvt Ltd, aiming to enhance organizational performance, data integrity, and customer engagement. Through a comprehensive analysis of blockchain protocols, dynamic systems modelling, and social network analysis, we provide a multidimensional framework for understanding the implications and benefits of blockchain adoption in CRM. Our research identified Ethereum as the most suitable blockchain platform for Shiva Infotech’s CRM integration due to its scalability and flexibility. Simulations demonstrated significant improvements in transaction processing times, data accuracy, and customer satisfaction metrics. We also highlighted the importance of fostering transparency, trust, and collaboration within the blockchain-based CRM ecosystem. Additionally, our study emphasized the critical role of robust data migration strategies, interoperability considerations, and change management protocols in ensuring a seamless transition to blockchain-enabled CRM systems. By addressing these aspects proactively, Shiva Infotech can navigate the complexities of blockchain implementation, driving innovation and maintaining a competitive edge in the digital landscape. This study provides actionable insights and recommendations for organizations seeking to leverage blockchain technology to enhance their CRM practices and overall business value.

 

Keywords: Blockchain, CRM, Shiva Infotech, Dynamic Systems Modelling, Social Network Analysis, Practical Byzantine Fault Tolerance

05/

Embracing Sustainable Value Chains in Reverse Logistics
Rovin Pathania, Yashwant Kumar, Dr. Megha Sehgal
Institute of Management and Research, Bharati Vidyapeeth (Deemed to be University)

Embracing sustainable value chains in reverse logistics is increasingly recognized as essential for achieving environmental sustainability, operational efficiency, and economic resilience in supply chain management. This study explores the integration of Cradle-to-Cradle (C2C) design principles, Life Cycle Assessment (LCA) methodologies, Extended Producer Responsibility (EPR) frameworks, circular economy strategies, and optimized Reverse Supply Chain Management (RSCM) practices within reverse logistics operations. C2C design principles emphasize product durability, reparability, and recyclability to minimize waste and maximize resource efficiency throughout product lifecycles. LCA methodologies provide insights into environmental impacts, guiding decisions to optimize material flows and mitigate emissions. EPR frameworks incentivize manufacturers to take responsibility for product lifecycles, improving recycling rates and reducing environmental footprints. Circular economy strategies focus on product recovery, remanufacturing, and recycling to extend product lifecycles sustainably Optimized RSCM practices enhance operational efficiencies through accurate return volume forecasting and advanced sorting technologies, improving recovery values and reducing environmental impacts. Technological integration, including IoT, AI, and blockchain, enhances real-time monitoring, traceability, and decision-making in reverse logistics operations These integrated efforts yield substantial reductions in waste generation, energy consumption, and greenhouse gas emissions, aligning with regulatory requirements and stakeholder expectations. Addressing research limitations and advancing future suggestions are crucial for further embedding sustainability into reverse logistics practices.

 

Keywords: Search Engine Marketing, Bidding Strategies, Influencer marketing, Google Ads

06/

Financial Take Off: Studying Financial Aspects of Airport Authority of India
Kavita, Dr. Amarjit R Deshmukh, Yashwant Kumar, Dr. Megha Sehgal
Institute of Management and Research, Bharati Vidyapeeth (Deemed to be University)

This study examines the financial aspects of the Airport Authority of India (AAI) through a comprehensive analysis grounded in multiple economic and management theories. The theoretical framework integrates revenue generation theory, emphasizing AAI's diverse income streams from aeronautical and non-aeronautical sources. AAI strategically leverages these revenues to fund extensive capital investments in infrastructure, including terminals and air traffic management systems, enhancing operational efficiency and meeting global standards. Fiscal management theory highlights AAI’s prudent financial practices, balancing debt and equity to ensure long-term sustainability and support expansion initiatives. Public-Private Partnership (PPP) theory underscores AAI’s collaboration with the private sector to optimize infrastructure development while managing financial risks. Regional economic development theory explores AAI's role in fostering inclusive growth through initiatives like the UDAN scheme, promoting regional connectivity and economic benefits. Risk management theory emphasizes AAI’s robust frameworks for mitigating financial risks and enhancing resilience against economic uncertainties. Comparative financial analysis theory benchmarks AAI’s performance against industry standards, identifying areas for strategic enhancement. The study concludes that AAI’s strategic initiatives and operational efficiency position it as a resilient player in the global aviation sector, suggesting avenues for future research in comparative analysis, technological innovations, sustainability impacts, governance frameworks, and policy influences on AAI’s financial strategies.

 

Keywords: Airport Authority of India, financial aspects, revenue generation, infrastructure development, risk management

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