Speak with Mind

The market is changing consistently in every circumstance in the effect of the globalisation. The business organisations need to analyse the market situation, prospects of product demand in future, retention of existing market share and fusion with consumer behaviour changes. Hence, business organisations highly depend on the Research & Development department to sustain the market share in future. Research and Development department mainly focuses on developing a new product or service or re-launching a product. In some organizations, it helps in doing marketing research, The business organizations used to have two types of analysing methods, 1. In-house research agency 2. Outside research agency Most of the small-medium businesses are hiring the outside research agencies and large scale businesses are mostly own its in-house research department for their constant purpose. However, the businesses are spending the high cost with time on research and deve...

Squeezing economy, unemployment, anxiety about tomorrow life makes people hoard things unnecessarily. At the same time, we have enjoyed the lowest price in agriculture products during the lockdown period.  The traders and farmers are effects the retail economy is confronted in each side. Wholesale business is being closed by the extended lockdown. On the one hand, farmers are doing door delivery to avoid decomposing the excessive production at the lowest price. Is that good for the social economy? have you heard of farmers got committed to suicide and what could be the reason behind the scene? Profit margins are easily effecting the farmer's effort. In common the government mostly controls the minimum purchasing price to safeguard the farmers. The pandemic situation will turndown the farmers' life in the near future. Farmers' get into the debt trap if they received by local money lenders or microfinance companies. Because of the rate of return is higher than ...

“The idea of social responsibility requires the individual to consider his (or her) acts in terms of a whole social system, and holds him (or her) responsible for the effects of his (or her) acts anywhere in that system” Hawrysz and Hys, (2014). As the business entity has the responsibility for its internal customers. The employees are dedicating their every working minute to achieve the company's common goals. The organisation treat the employees in an ethical way to deserve their satisfaction.                                          Source; google images "CSR is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families, local communities and the society at large" (Najam 1999). Every business organisations are making an impact on society and the environment. The o...

The labour unions and Sri Lankan legislation are making employees feel them being work at safety environment. The high power politicians have to attract labour unions and workforce as usual of raising the voters' bank, they have announced and promise them to untruth and impossible benefits to bring when they got power. In case, if they came to the power of government the promises have been fly into the air. So the politicians misuse the collective power of labours, therefore people will neglect to join the labour unions in future. (source; Law and society trust, 2018).                                           source; google image I can show up the current political situation of the last held presidential election as an example, the former ruling party has promised to increase the basic salary to estate workers. But not had been done for their ruling period. The former ruling ...

The probability of any form of discrimination is an employee-facing unacceptable mental pressure leads to employee dissatisfaction. Recruitment and selections of employees to ensure that selection decision is free of discrimination or bias on the ground of sex, sexual orientation, race, age or disability Armstrong,(2014).                                           Source: Google images Now we commonly feel and knowing the sexual orientation in the Cinema industry and how to embarrass the ordinary audience views. The cinema industry reveals the truth of how the power and authority occupying to the human being. " #metoo " is very popular in every social media since the last year. There many complaints filed against actors, producers, directors and financiers in the total industry. The actress, singers and dancers face adverse moments to their first entering in the field. #metoo i...

SME and Microscale enterprises contribute to the major source of job creation and which also facilitate the economic growth of the country. Most governments are promoting and supporting by subsidiaries to SME and ME sectors. However, the sectors have to comply with labour law and regulations. Because in the SME and ME sectors are providing the poor working environments and safety precautions are comparatively lower than standard government recommendation.                                           Source; google images The SME and ME sectors are becoming the big challenge to maintaining the regulations and law amendments because the sector mostly prefers to maximise the profits by lowering the overhead costs. The employee wages are lower and working hours longer than for working in larger enterprises. Further, some employments unit workers are not having full-time or typical w...