PRESENTED BY: NEHAL KUMAR BISEN (9080) VENKATESH KATTA (9082) Summery of the case study Ravi theja, chairman and managing director of core value staffing services Ltd.Executive director preethi sharma and management consultant siddhartha ghosh with 20 years work experience. Business division: 1. Microsoft technology professionals 2. Java professionals 3. Business intelligence, Analytics and Related field specialists 4. SAP implementation specialists 5. Oracle technology and Application specialists 6. Data warehousing and management specialist
CASE STUDY CORE VAIUE STAFFING SERVICES Ltd. Professionals deployed by CVSS across technology and domains: 1. Discuss the current business model of CVSS and its advantages and disadvantages?
Advantages: Deployment of employees is divided into three categories 2-6 yrs experience of employees (professionals). More than 6 years experience but equal to or less than 10(20%of CVSS recourses, critical areas are ERP implementation and business analytics). More than 10 years of experience(managerial profile). Disadvantages: Employees working only on payroll of CVSS.
Diversification.
High operating risk.
3. If you were Ravi or Preethi, how would you respond to Siddharthas suggestion?
KDAS WTO (WORLD TRADE ORGANISATION)
BRICS(BRAZIL, RUSIA, INDIA, CHAINA, SOUTH AFRICA)
OPRATIONAL RISK
GENERIC COMPATITIVE STRATEGIES WTO ( WORLD TRADE ORGANISATION)
What is the WTO? The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the worlds trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business. What WTO does? There are a number of ways of looking at the World Trade Organization. It is an organization for trade opening. It is a forum for governments to negotiate trade agreements. It is a place for them to settle trade disputes. It operates a system of trade rules. Essentially, the WTO is a place where member governments try to sort out the trade problems they face with each other. What WTO stands for? The WTO agreements are lengthy and complex because they are legal texts covering a wide range of activities. But a number of simple, fundamental principles run throughout all of these documents. These principles are the foundation of the multilateral trading system. Principles of the trading system
Non-discrimination: Two most major components most favoured nation and national treatment. Reciprocity: It reflects both a desire to limit the scope of free-riding and a desire to obtain better access to foreign market. Transparency: The WTO members are required to publish their trade regulations, to maintain institutions allowing for the review of administrative decisions affecting trade, to respond to requests for information by other members, and to notify changes in trade policies to the WTO. Binding and enforceable commitments: The tariff commitments made by WTO members on accession are enumerated in a schedule (list) of concessions. These schedules establish "ceiling bindings": a country can change its bindings, but only after negotiating with its trading partners, which could mean compensating them for loss of trade. BRICS (BRAZI, RUSIA, INDIA, CHINA, SOUTH AFRIC) Definition of 'Brazil, Russia, India And China - BRIC'
An acronym for the economies of Brazil, Russia, India and China combined. The general consensus is that the term was first prominently used in a Goldman Sachs report from 2003, which speculated that by 2050 these four economies would be wealthier than most of the current major economic powers.
Investopedia explains 'Brazil, Russia, India And China - BRIC'
The BRIC thesis posits that China and India will become the world's dominant suppliers of manufactured goods and services, respectively, while Brazil and Russia will become similarly dominant as suppliers of raw materials. It's important to note that the Goldman Sachs thesis isn't that these countries are a political alliance (like the European Union) or a formal trading association - but they have the potential to form a powerful economic bloc. BRIC is now also used as a more generic marketing term to refer to these four emerging economies.
Achievement and current affairs of BRICS China launches high-definition Earth Observation satellite . It is China's most advanced high-definition Earth observation satellite, and is able to see a one-meter-long object in full color. Russia, China ready for joint drills that begin Sunday Russia and China are gearing up to participate in joint military drills that begin this Sunday to showcase growing ties between the two neighbours and allies. FDI into China down 16.95% in July Foreign direct investment (FDI) into China saw a sharp decline in July, down 16.95 per cent from a year earlier to $7.81 billion, official data revealed on Monday. Moscow eyes joint development of weapons within BRICS Indo-Russian defence cooperation in projects such as BrahMos and the production of the SU-30MKI planes is being used a model for joint development with Brazil and South Africa within BRICS.
Common Understanding on International Standards and Gateways for Central Securities Depository and Real-Time Gross Settlement (CSD–RTGS) Linkages: Cross-Border Settlement Infrastructure Forum