Journal Issues

Abstract 
In the recent global market, the continuous change in the crude oil prices makes the worries in the Gulf countries since their income and economic condition are almost fully dependent on this crude oil. The plunging price of a barrel of oil has fallen more than 70 percent and sunk to its lowest level since 2004. This change in oil prices has led to decline in the GDP growth, less income, less profit, project cancellation, lay off, salary cuts and resulted in companies not granting any allowances and increments. This economic crisis made millions of Indian migrants to lose their jobs and make them to go back to their own nation. This means that most Indians affected by the economic troubles in the Gulf will either be stuck with what they have, or will have to return to India if they were to look for something else, a prospect that brings with it plenty of additional issues. This paper highlights the reasons and the impact of changing oil prices on the labour market of India and Gulf countries.

Keywords: Global market, crude oil prices, Economic crisis.

Abstract 
In India, co-operative movement was introduced by passing a separate legislation known as co-operative credit societies Act of 1904. It permitted the formation of credit society and not the non-credit societies and central societies. These major deficiencies in this Act were rectified by passing another legislation known as co-operative societies Act of 1912. This Act of 1912 permitted the formation of credit as well as non-credit societies and local Governments were entrusted with the task of administrating the Act. The importance of sericulture was recognized even in the pre-independence period and steps were taken to check the declining trend in silk industry in 1914 by constituting a two-man committee with Mr. H.MaxwellLefroy and Mr. E.C.Ansorge to study the problems of the silk industry and suggest the steps to be taken for revival. The Committee traced the declining trend of Indian silk industry primarily with a view for the reason of the lack of organization, in proved technology and capital. According to the report, the silk industry was largely in the hands of the dealers whose interest appeared only to 'get rich quick' at the cost of the poor craftsman, quality of the end product and the production itself. Leroy observed that "The worker, ground down continuously by pressure of circumstances and want of capital through generations of struggle had never enjoyed proper understanding with the dealer and both do not see eye to eye on the interests of the industry as a whole".

Keywords: Co-operative movement, Sericulture

Abstract 
Electronic procurement is currently one of the most discussed topics in supply management. Without doubt, it will dramatically change the way purchasing is done in the near future. This article analyses the possibilities of electronic marketplaces for buyers, primarily from theoretical perspective and is also based on information economics theory, which may be the most important theory to analyze market problems in general. An e-procurement matrix is developed that could help to systematize different e-procurement instruments. Various data types available from electronic marketplaces are analyzed with a business model for electronic market places. These business models show the real value added by e-procurement. According to Neef (2001), “E-procurement means a giant leap forward in the long sought-after development of the extended enterprise where the supply chain becomes a continuous, uninterrupted process extending from buyer through selling partners.”
Keywords: E-procurement, information, economics, purchasing, macro, micro, transactions, and customers.

Abstract 
Urbanization and metropolitan culture have necessitated the need of fast foods, designer clothes, luxury cars, modern flats and the like. Passenger car sales have tripled once in a six years. It’s also to be noted that the demand for luxurious models and mini-cars for family owners have shot up, largely due to change in the family and in the earning pattern, especially the emergence of double income group families, has resulted in significant changes in the buying behavior of individuals. Increase in number of car consumers and heavy usage is credited to increasing availability several car models. Due to a wide range of makes and models, people make choices based on their preferences and needs when choosing which car to buy.