scholarly journals The Analysis of Industrial Sickness with Reference to the FCIL

2016 ◽  
Vol 1 (1) ◽  
pp. 32-39
Author(s):  
Durgaprasad Navulla ◽  
G. Sunitha ◽  
Jhansi Rani Boda

Objective - The growth and magnitude of industrial sickness is a dangerous issue, not only for the present situation but also for the near future. There are many reasons that could have caused a company to become sick and the reasons could be internal or external or a combination of both. In that regard, this paper aims to analyse the presence of industrial sickness by reviewing the revival policy measures of the Fertilizer Corporation of India Limited (FCIL), particularly the Ramagundam unit. Methodology/Technique - Data for this paper are extracted from sources such as the Indian Economy reports, the Department of Fertilizers Government of India reports and personal interviews with the employees of the Fertilizers Corporation of India Limited, Ramagundam unit. Findings - The results showed that the FCIL unit became sick mainly because of poor management decisions, feeble human resource management, use of outdated technology, power-cut problems, non-availability of raw materials and wrong government policies. Novelty - This paper highlights why the FCIL has been declared as a sick company and what sort of government policies and preventive actions should be taken for revival or to rehabilitate the company. Type of Paper: Empirical Keywords: Sickness; Revival Measures; Industrial Development; Fertilizers.

2009 ◽  
Vol 83 (3) ◽  
pp. 539-562 ◽  
Author(s):  
Yovanna Pineda

Between 1890 and 1930, Argentina's manufacturers invested in imported machinery. Although they aligned with political allies to advance and protect their companies, their dependence on imported machinery, raw materials, fuel, and expensive skilled labor were obstacles to their success. Two factors slowed the progress of these entrepreneurs: their lack of technological capabilities and the absence of government policies to address the problems entailed in importing foreign machinery. Several political factions supported industry's efforts to reduce dependence on imported products and to diversify the economy. While these supporters hoped to promote industry through the passage of legislation to raise the tariff rate, their strategy represented a compromise that stifled the drive to innovate that is so necessary for long-run economic growth and industrial development.


1982 ◽  
Vol 21 (4) ◽  
pp. 329-333
Author(s):  
Rashid Aziz

The book under review is a concise but fairly in-depth study of the prospects for export diversification from the Less Developed Countries (henceforth labeled as LDCs) particularly to Developed Countries (henceforth labeled as OCs). Given the multiple problems faced by the LOCs in exporting to the OCs - protectionist policies with regards to manufactured exports, volatility of prices obtained for raw material exports, etc. - the study analyses the potential for following an intermediate route. The important issues in the export of semi -processed and wholly processed raw materials are discussed. 111ese issues range from the problems and potentials for the location of processing facilities in the LOCs to the formulation of appropriate policies to encourage an export of processed goods rather than raw materials. Such policies will be useful both in solving the balance of-payments problems of the LDCs and in attaining the goal of the Lima Declaration and Plan of Action on Industrial Development and Co-operation, that called for 2S percent of world industrial production to be located in the LOCs by the year 2000.


1988 ◽  
Vol 27 (4II) ◽  
pp. 595-604 ◽  
Author(s):  
Eshya Mujahid Mukhtar ◽  
Hanid Mukhtar

Agricultural production depends upon certain crucial inputs e.g., water, fertilizer etc. In the less developed regions of South Asia in general, and the indo-Pakistan sub-continent in particular, the use of these inputs depends not only upon the financial affordability but also upon the institutional accessibility of farmers to these inputs. Besides high economic costs, bureaucratic controls and corruption regarding the distribution of inputs have created problems of limited accessibility, especially to the small farmers. In the absence of any credit, information and/or input distribution networks, the use of these inputs, and related productivity gains, become confined to that class of farmers which not only has better access to these inputs but is capable of using them in the best possible way e.g. use of water and fertilizer in the appropriate amount and at the appropriate time. This paper attempts to study how input use and input productivity vary across farm sizes, with some reference to the infrastructural and institutional factors, whose development play an important role in improving the distribution and productivity of inputs. For such an analysis, a comparison of the two Punjabs i.e. Pakistani and Indian Punjabs, presents an ideal framework, Separated by a national boundary since 1947, the two Punjabs enjoy a common history and culture, similar agricultural practices and agro-climatic conditions, Government policies in the two Punjabs, however, have not only differed between the two provinces at the same time, but also over time in the same province. It may be noted that due to certain policy measures, land distribution, tenancy conditions, promotion of agricultural co-operatives and provision of infrastructural features, such as roads and electricity, are relatively more improved in Indian than Pakistani Punjab.


Author(s):  
Sriram Nadathur ◽  
L. J. Bourgeois

Prudential Equity Group had downgraded Danaher to underweight status, citing concerns over its inadequate organic growth. By March 2009, its CEO wondered how to keep growing a company that faced changing worldwide economic circumstances, pressure from low-cost competitors, new competitors, flat or declining demand for company products, price increases for certain raw materials, and criticism from market analysts.


2019 ◽  
Vol 4 (1) ◽  
pp. 30
Author(s):  
Neno Pratiwi ◽  
Andre Setiawan ◽  
Ilmi Cayono ◽  
Johan Trinanto

ABSTRAK Pada umumnya harga pokok produksi dalam akuntansi diartikan dengan jumlah biaya dari seluruh pemakaian yang telah dilakukan selama proses produksi atau kegiatan yang mana mengubah bahan baku menjadi produk jadi (produk siap pakai/siap saji). Tujuan penting dalam tugas ini yaitu memperhitungkan harga pokok produksi dari UD Mulya Jaya dengan menggunakan pendekatan variabel costing untuk mengetahui besarnya harga pokok pada setiap produk yang diproduksi. Pentingnya penentuan harga pokok produksi dapat dilakukan sebelum para usaha menentukan harga jual. Pendampingan ini bertujuan untuk membantu mencari dan menentukan harga pokok produksi yang dapat digunakan untuk menetapkan harga jual. Pendampingan ini dilakukan untuk membantu wirausaha dalam program kerja, yaitu bimbingan akuntansi dengan fokus perhitungan harga pokok produksi. Dalam menentukan harga pokok produksi pada UD Mulya Jaya dapat menggunakan pendekatan variable costing yang biasanya metode ini digunakan untuk semacam pengambilan keputusan dalam perusahaan. Melalui program pendampingan kewirausahaan didapatkan hasil perhitungan harga pokok produksi yang menggunakan pendekatan variabel costing. Hasil tersebut dapat menjadi suatu keputusan bagi UD Mulya Jaya untuk dapat menetapkan harga pokok produksi pada setiap produk telur asin. Kata Kunci : Kewirausahaan, HPP, Harga.   ABSTRACT In general, the cost of production in accounting is defined as the total cost of all uses that have been made during the production process or activities which convert raw materials into finished products (ready-to-use / ready-to-serve products). An important objective in this task is to calculate the cost of goods manufactured from UD Mulya Jaya by using a variable costing approach to find out the cost of goods on each product produced. The importance of determining the cost of production can be done before businesses determine the selling price. This assistance aims to help find and determine the cost of production that can be used to set the selling price. This assistance is carried out to help entrepreneurs in work programs, namely accounting guidance with a focus on calculating the cost of production. In determining the cost of production at UD Mulya Jaya, it can use the variable costing approach, which is usually used for a kind of decision making in a company. Through the entrepreneurship assistance program, the results of the calculation of the cost of production are obtained using the variable costing approach. These results can be a decision for UD Mulya Jaya to be able to set the cost of production for each salted egg product. Keywords: Entrepreneurship, COGS, Price


2019 ◽  
Vol 9 (2) ◽  
pp. 12-20
Author(s):  
Julio Warmansyah ◽  
Dida Hilpiah

 PT. Cahaya Boxindo Prasetya is a company engaged in the manufacture of carton boxes or boxes. The company's activities also include cutting and printing services using machinery and human power. The problem faced in this company is the difficulty of predicting the amount of inventory of raw materials that will be  included in the production. The remaining raw materials for production will be used as the final stock to get the minimum, the goal is to reduce excess stock Overcoming this problem, fuzzy logic is used to predict raw material inventories by focusing on the final stock. In this study using Fuzzy Sugeno, with three input variables, namely: initial inventory, purchase, production, while the output is the final stock. Determination of prediction results using defuzzification using the average concept of MAPE (Mean Absolute Percentage Error). The results obtained, using the Fuzzy Sugeno method can predict the inventory of raw materials with a MAPE value of 38%. 


2017 ◽  
Vol 1 (01) ◽  
pp. 1-6
Author(s):  
Fernaldi Jonathan ◽  
Rahmat Mulyana ◽  
Yuli Adam Prasetyo

A microfinance institute (LKM/ Lembaga Keuangan Mikro) is a company that focuses in providing funds to small, early-stage, and emerging firms or small medium enterprises. A company that is engaged in financial sector and works under the surveillance of OJK/ FSA (Financial Service Authority) always has some questions whether this company really needs to implement IT Governance best practices or to what extent it does. The research in PT Sarana Jabar Ventura as one of the microfinance institutes using COBIT 5 framework for the domain of EDM (Evaluate-Direct-Monitor) & APO (Align-Plan-Organize) has shown that the existing practice is not adequate enough to align the business to IT and to manage its risk optimally so the IT solution will be beneficial for the business. Therefore, it is necessary to design the IT governance practice here, based on the seven enablers of COBIT 5 which are categorized into 3 aspects: process, people, and technology. The results of this research are design recommendations as follows: IT policy, procedures, organization structure, job description and the supporting tools and technology. It is expected that the company will implement the results in the near future. Keywords—COBIT 5, IT governance, microfinance institution


2021 ◽  
Vol 1 (2) ◽  
Author(s):  
Aula Fajar Iman Sakti ◽  
Wiwik Sulistiyowati

CV. Riki Utama Mandiri is a company in distributing an economic fish frozen product. This company distributed any kind of retail and wholesaler, both domestic and export. They distributing many frozen fish products variant such as Patin Fillet and Shark Fin. The all raw materials of those frozen seafood was obtained by three different suppliers. The common problems found in CV. Riki Utama Mandiri mostly about raw patin fish supplier which often committed delivery delays.  The purpose of this research is to fixing the supply chain management in deciding the more accurate selections of raw materials supplier. To overcome the common problems that happen. Analytical network process (ANP) will simplify the criteria weight values and sub criteria of each supplier. Meanwhile, technique for others reference by similarity to ideal solution (TOPSIS) method is used for giving a rank order of the alternative supplier. This research is expected for being a consideration for the company in obtaining a good and more effective kind of raw supplier. We also expecting the company for tighten supplier selection more effective way so that it can fullfilled the existing standard. Also to overcome the common problems such as delivery delays, competing raw materials with uncertain quality, and difficulty in sort out the raw materials due to size issues.


2020 ◽  
pp. 92-97
Author(s):  
Aleksey Mikhailovich Khorev

The prospects and problems of using the Northern sea route for transportation of raw materials are examined. The author makes an attempt to study the current state of the Northern sea route as the most important transport corridor of the Arctic region, and analyzes the existing problems that reduce the economic efficiency of cargo transit along the NSR. The ways to improve the efficiency of transportation of raw materials along the Northern sea route are reviewed. The author assesses the importance of the Arctic region for the Russian Federation as a whole, as well as he points out the need for its development in the near future.


2018 ◽  
Vol 8 (1) ◽  
pp. 62-70
Author(s):  
Zuhardi Perdana Putra ◽  
Reswita Reswita Reswita ◽  
Irnad Irnad Irnad

ABSTRACTAgroindustry is an agriculture based industry that has an important role in economic growth in Indonesia. One of the agricultural subsector is horticultural crops, namely onion. The need for onion consumption in Indonesia has always increased. In the Bengkulu city there is a company engaged in the industry of fried onions are "UD. Safari Bawang Goreng". This research is done with consideration of the company has long standing, big enough company, and produce about 336 kg/day. Fried onions are processed products that are processed from the main source of raw material is onion. The processed onion comes from Brebes Java. To know the process can be done by the method of observation, and participation. Processed red onion products produce added value that can be analyzed by Hayami method. The process of onion processing into fried onions consists of several stages, namely the provision of raw materials, onion gaebage, sorting, slicing onion, affixing onion with flour, frying, pressing, packaging. The process of onion treatment into fried onions is called value added. The added value obtained in this study amounted to Rp 9549.65 / Kg BB.Keywords: Fried Onion, Hayami Method, Added Value.


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