Indian Journal of Commerce and Management Studies https://www.ijcms.in/index.php/ijcms <p>For the past ten years, We, <strong>Educational Research Multimedia and Publications, India</strong> exhibited true commitment and excellence in inculcating high-quality research which is recognized by UGC also. We are a proud publisher of research contributions from global authors in the areas of Arts, Commerce, Management, Education and Social Sciences. Being headed by a team of Eminent Scientists, Professors, Professionals, Researchers, Key Opinion Leaders, Industrialists, our board of management holds 25+ years of collective experience in publishing research and educational materials. Our publications are open-access, double-blind peer-reviewed, plagiarism-free, updated and application-oriented that suit the current trends.</p> <p><strong>Indian Journal of Commerce &amp; Management Studies </strong>is owned and managed by <strong>Educational Research Multimedia and Publications, India. </strong>IJCMS is an open access peer review Tri-Annual research journal that publishes articles in the field of commerce &amp; management. The journal serves as a bridge between worldwide scholars and commerce and management studies researchers. The journal publishes research articles and papers in all areas of commerce and management. The journal aims to provide the most complete and reliable source of information on recent developments in business studies. Each issue brings you critical perspectives and cogent analyses, serving as an outlet for the best theoretical and research work in the field. The purpose of the journal is to further the understanding of the theory and practice of business studies by publishing articles of interest to practitioners and scholars.</p> <p> </p> <p><strong> Call for Papers - Volume XIII, Issue 3, September 2022</strong></p> <p> Please submit to <a href="mailto:editor@ijcms.in">editor@ijcms.in</a> or<strong> <a href="http://ijcms.in/index.php/ijcms/submit">Click here</a> </strong>as per<strong> <a href="http://ijcms.in/index.php/ijcms/submission">Submission Guidelines</a></strong></p> en-US editor@ijcms.in (Mr. Mohammed Aatif) support@ijcms.in (Mr. Mohammed Aatif) Tue, 31 May 2022 00:00:00 +0000 OJS 3.3.0.8 http://blogs.law.harvard.edu/tech/rss 60 Layout planning with the style changeovers in development centers: A case study in apparel industry https://www.ijcms.in/index.php/ijcms/article/view/574 <p>Purpose: We conducted this study in a selected garment manufacturing firm, where the sample room used a fixed layout system. As a result of this, inefficiencies can be noticed with the frequent style changeovers. Resultantly, the firm had to confront several non-value added activities, which in turn, incurred additional costs. We attempted to identify the importance of the sample room layout planning with style changeovers to improve this firm’s operational efficiencies. Methodology: We collected data referred to one garment cluster representing both fixed and pre-planned layouts. We intended to provide a head start in finding out the factors that contribute to less productivity and less efficiency experienced by the apparel development centers due to poor layout methods. We used graphical representation to understand positives and negatives of layout methods and make conclusions. Findings: The results identified a positive impact of operator motion reduction, and improved the sample room efficiency. Further, we also noted that enhanced layout assists in reducing sample sewing delays, which in turn, facilitate fewer fit cancellations. Moreover, we facilitated the pre-planned layout in order to reduce sample completion time. Implications: Effectively, we identified the importance of layout planning according to the style changeovers, especially with regard to the study factors selected for the development centers in the apparel manufacturing sector. An effective layout management technique always enables to shorthand the production process, which ultimately reduces operational costs. Originality: Elimination of non-value adding activities when updating the layout is always profitable, and improves the overall performance of a firm’s operations.</p> Karunarathne EACP, Dhananjana ET Copyright (c) 2022 ERM Publications, India http://ijcms.in/index.php/ijcms https://www.ijcms.in/index.php/ijcms/article/view/574 Tue, 31 May 2022 00:00:00 +0000 Employer’s Liability Insurance Portfolio and the Gross Income of Non-Life Insurance Business: A Case of Nigeria https://www.ijcms.in/index.php/ijcms/article/view/575 <p>Purpose: This study is conducted to determine how employer’s liability insurance product influences the gross premium of non-life insurance business income in Nigeria. Methodology: This study adopted an ex-post-facto research design method. We used correlation and regression models to evaluate the data extracted from Central Bank of Nigeria’s financial report from 1981 to 2001, along with Nigeria Insures Association digest’s financial report from 2002 to 2018. The target population of this study was the entire quoted insurance in Nigeria. Findings: The results reveal that LEMP influenced LIGP significantly with a coefficient of 85.06939, and the associating P=0.009. Implications: Stakeholders and regulatory bodies within the industry should sensitize the insuring public more on the employers’ liability insurance policy, and improve their respective business strategies to ensure high sales volume of employers’ liability policies and compliance to this insurance product in Nigeria. Originality: Multiple studies have been carried out in the field of insurance business. However, very few have been based on employers’ liability insurance. Therefore, it may be assumed that the originality of this study is fully authentic.</p> Yinka Augustine Soye, Damola Lukmon Adeyemo, Rufus Olubunmi Olumide Copyright (c) 2022 ERM Publications, India http://ijcms.in/index.php/ijcms https://www.ijcms.in/index.php/ijcms/article/view/575 Tue, 31 May 2022 00:00:00 +0000 The impact of foreign direct investment inflows on the tax revenues in bangladesh https://www.ijcms.in/index.php/ijcms/article/view/578 <p>Purpose: Now-a-days, domestic capital alone is not enough for economic development of a developing country. Developing countries in fact, seek adequate Foreign Direct Investments always. Although indirect tax increases through FDI inflows, but direct tax does have a negative influence on FDI inflows. This research investigates the impact of FDI inflows on tax revenues in Bangladesh. Methodology: The study has been completed based on time series data for the period of 2001–2020, where we considered tax revenue as a dependent variable, and FDI inflow as an independent variable. We also used the simple regression analysis technique for analyzing our data. Findings: The results reveal that FDI inflows do have a positive influence on tax revenues, by which, we can affirm that one unit change in independent variable (FDI inflow) increases tax revenues in Bangladesh by 8.22 units. Implication: Policy makers, economists, and regulators like NBR along with new researchers shall get an important insight about the impact of FDI inflows on tax. Originality: There is hardly any study available on this subject in the context of Bangladesh. Thus, to the best of our knowledge, this is a pioneering attempt, aiming to analyze the impact of FDI inflows on the tax revenue in Bangladesh.</p> Subrata Deb Nath, A. K. M. Firoz Alam, Munna Rani Biswas Copyright (c) 2022 ERM Publications, India http://ijcms.in/index.php/ijcms https://www.ijcms.in/index.php/ijcms/article/view/578 Tue, 31 May 2022 00:00:00 +0000