ZARSMIManagement Studies and Economic Systems2408-95831120140701The Relationship between Efficiency of Healthcare Costs and Economic Growth: Empirical Validation from Mediterranean Countries1135988ENMekdem MajdiFaculty of Economic Sciences and Management, University of Sousse, Sousse, Tunisia0000-0002-6410-7478Journal Article20140804The increase of healthcare costs improved as a rule the health of the population. Sometimes the positive effects of this expense are shaded off. On one hand, this expense improves the offer of the medical care. Other influential factors on the health of population, we quote as example the training, the lifestyle, the hygiene and the distribution of income. On the other hand the increase of these expenses must be controlled and assigned in a profitable way to have positive effects on the productivity of the work, on the offer of the hand of work and the training. This could contribute positively on the economic growth. The purpose of this paper is to study the relation between efficiency of healthcare costs and economic growth, for 15 countries of the north and south Mediterranean bank by using econometric techniques given in panel, test of Unit-root and test of cointegration, during period 1992-2010. We notice that, the variable efficiency of healthcare costs contributed positively to the economic growth. We also assure of a better mode of financing without wasting and an important efficiency of the expense in the sector health.ZARSMIManagement Studies and Economic Systems2408-95831120140701Dynamics of Industrial Buyer Behavior of Loader Backhoe15225970ENSenthil Kumar PanchanthamDepartment of Business Administration, Annamalai University, Tamil Nadu, IndiaPanchanatham NatarajanDepartment of Business Administration, Annamalai University, Tamil Nadu, IndiaSenthil KannanChettinad College of Engineering and Technology, Anna University, Tamil Nadu, IndiaJournal Article20140801To investigate how the buying behavior of firms work is always needed, since it is an every changing process influenced by many forces in its surroundings. Industrial firms tend to have a smaller number of customers which means that they are easier to identify than customers in consumer markets. Effective marketing strategy relies on understanding consumers and their needs. This understanding must include the industrial buyer if industrial marketing efforts are to be well planned and executed. This study is focused on understanding the buyer behavior of loader backhoe equipment’s among Indian consumers. Primary data was collected from 387 buyers with the help of self-administered questionnaires. The hypotheses are tested with the help of chi-square, regression and ANOVA. From the data analysis it is concluded that the brand selection by the buyers of loader backhoe will influenced by brand awareness, past experience, Reliability, Resale value, Productivity, Service parts and network and less downtime. On considering the various brands JCB has good mind share and market share on loader backhoe equipment’s.ZARSMIManagement Studies and Economic Systems2408-95831120140701Severity of Problems of Marketing Faced by the Struggling Small Scale Enterprises to Survive: A Study on Selected Industrial Units of BSCIC Industrial Estates of Sylhet Division23315971ENMd. Abdul LatifDepartment of Business Administration, Sylhet International University, Sylhet, BangladeshShahida KhanomDepartment of Business Administration, Sylhet International University, Sylhet, BangladeshJournal Article20140801<span>Small scale industries are suffering most from the marketing problems due to their owners’ attitudes, units’ capacity, and quality of products along with the scale of production. The researchers analyzed the problems of selected twenty small scale industrial units of various industrial groups of industrial estates of Sylhet division of Bangladesh to get insights of the problem. Primary and Secondary data were used for that research where primary data were collected from selected entrepreneurs by stratified sampling through a structured questionnaire. The collected data were processed through Excel 07 by the help of simple statistical tools like frequency, ratio, percentage etc. From the findings, it can be inferred that most of the enterprises (15 in number) are suffering from marketing problem in different aspects like competition, slow market demand and other problems. The researchers recommended the units to adopt aggressive attitude of marketing, select proper channel and mode of distribution, along with proper promotion method to combat with big firms and ensure their survivals. </span>ZARSMIManagement Studies and Economic Systems2408-95831120140701The Impacts of Goal Setting and Curiosity on the Employee Job Performance: A Perspective from NGO sector of Pakistan33405972ENRizwan KhanJinnah Institute University Campus, Rawalpindi, PakistanJournal Article20140801The present study investigates the impact of goal setting and curiosity (HR outcomes) on the job performance of the employees. Non government sector in Islamabad, Pakistan was targeted in this regard. Data was collected from 282 respondents belonging to local and international NGOs. SPSS was used as data analysis tool and a comprehensive questionnaire was used to collect data. In 20% cases questionnaire was personally administered. The study findings expose that goal setting and curiosity have strong effect on job performance. 71% of the employees are of the view that if goals are easily achievable and need little hard works then their performance increases than the ones which are hard to achieve and require extra efforts. 53% of the respondents report to work for personal development rather than goal achievement. 61% value curiosity as a factor necessary to increase job performance. They value human thinking to play its part in improving overall performance of an employee. Furthermore, all hypotheses were proved using correlation and regression analysis. HR practitioners can take help from this study to improve individuals’ as well as team performance of their employees. ZARSMIManagement Studies and Economic Systems2408-95831120140701Employee Engagement and Individual Differences: A Study in Indian Context41505973ENNaval GargOriental Insurance Company Limited, Mumbai, IndiaJournal Article20140801The employee engagement has emerged as a pivotal business driver for organizational success. High level of engagement in domestic and global firms is supposed to have multiple enriching effects on an organization. Studies have highlighted the importance of both organizational and individual factors in ensuring highly engaged employees. The present paper explores the individual differs across four parameters as gender, age, experience and educational experience. Significant variations are observed across employees of various age, experience and qualifications. The implications and mechanisms to utilize diversity of work force have also been discussed. Further paper provides in depth analysis of eight constructs of employee engagement through applying suitable statistical tools. Individual characteristics based difference has also been studied for these eight constructs- work environment leadership and direction, relationship with immediate seniors and co-workers, compensation program, job security and career development, policies and work procedures of the company, work life balance and psychological well being of the employee.ZARSMIManagement Studies and Economic Systems2408-95831120140701South African Economic Woes: Poor Political Leadership and Rating Downgrades Hampers Growth and Development51665987ENAnis Mahomed KarodiaRegent Business School, Durban, South AfricaDhiru SoniRegent Business School, Durban, South AfricaJournal Article20140804Purpose: The paper aims to focus on South Africa’s poor economic performance and the regular downgrades of the country’s economic and financial rating by international rating agencies. It attempts to show that these continuous downgrades are a recipe for economic and financial disaster in the long – run; that the continuance of this phenomenon will stymie the implementation of the National Development Plan (NDP) and the securing of the much desired developmental state. A host of other important and necessary issues will be raised that pertain to the economic woes of South Africa. Research Method: The classical research design is not followed. A range of economic and financial issues amidst other salient issues are analyzed by the researchers. In so doing South African newspapers and its media including the opinions of other writers will be utilized in formulating the thought processes of the researchers. This will allow for a clear delineation of the economic and financial woes that confront South Africa, under a so – called democratic state. The research method is therefore self – explanatory as captured above, and relies on articles that appeared in the South African media and invokes the critical analysis of the writers in terms of projecting on the issues raised in the title of the paper. Findings: The findings are influenced by the thought processes of the researcher and the analysis made, by various writers as concerns these issues. The implications for South Africa and its people are immense. These findings are dispersed throughout the discussion undertaken in the paper. It also draws attention to the poor political leadership in South Africa, exhibited by the ruling party. It draws attention to the all embracing fact that a successful election win for the ruling African National Congress Government on May, 7 2014 is not a panacea for sound development nor will it promote the general welfare and the enhancement of the public good. It argues that if the economic and financial challenges and problems are not dealt with decisively, then poverty, unemployment and inequality will escalate and spiral out of control. Originality Value: The paper draws attention to a number of vexing issues that require urgent attention by politicians and the South African bureaucracy to address the issues raised in this paper. The originality value underscores a host of issues as concerns the economic, financial and downgrade woes that generally are not addressed by the government in a proactive and sustainable manner.