i-manager's Journal on Economics & Commerce (JECOM)


Volume 5 Issue 1 January - April 2025

Research Paper

THE IMPACT OF WORD CHOICE IN BUSINESS COACHING

Adedayo Ogunleye*

Abstract

Another major construct, which underpins a successful business coaching session, is communicated properly with the right kind of words. This study examines the significance of the words the business coaches use in their coaching sessions in a sample of 150 professional coaches, and its effect on the outcomes of coaching sessions through a mixed-method approach. It uses both the quantitative analysis of surveys and performance metrics, as well as the qualitative transcription of coaching sessions and interviews with the coaches and coachees.

Article

Investigation on the Role of women village bank on alleviating rural household financial vulnerability (A Case Study of Mangochi rural area )

Hastings Kumwenda*

Abstract

Financial vulnerability in rural households is prevalent in many developing countries due to limited banking access, irregular incomes, and inadequate savings. Women Village Banks (WVBs), grassroots microfinance institutions led by women, play a crucial role in addressing these challenges by providing accessible credit, fostering financial literacy, and promoting entrepreneurship, particularly among women in remote areas. This study investigates the impact of WVBs on financial vulnerability in the Mangochi district of Malawi, focusing on income generation, savings behaviour, and resilience against economic shocks. Utilizing a mixed-methods approach with surveys, in-depth interviews, and case studies, the research highlights the multifaceted contributions of WVBs to rural financial stability. A comprehensive literature review situates WVBs within the broader context of economic empowerment. The study employs rigorous data collection and analysis methods to ensure robust findings. Results indicate significant improvements in financial stability and community cohesion due to WVBs. The study concludes with recommendations to optimize the impact of WVBs, addressing issues like financial mismanagement and cultural barriers, and advocates for policies supporting sustainable rural development and gender equality.

Challenges of Integrated Financial Management Information System (IFMIS) on Fiscal Management of Public Funds in Ministry Departments

Mateo *

Abstract

This study examines the challenges of Integrated Financial Management Information System (IFMIS) on fiscal management of public funds in ministry departments in Malawi. The research objectives were to identify challenges faced by IFMIS users, analyse optimal resource allocation, and determine the overall impact of IFMIS on public financial management. Data was collected using questionnaires from 50 respondents across various departments. The results showed that lack of training, coordination, and delays in civil servant salaries were the primary challenges. Recommendations include intensive training for personnel and improvements in network infrastructure to optimize the system's effectiveness.

Article

WCC_A Study on Online Trading in the Kanniyakumari District

B. Antony Pratheesha*

Abstract

Online Trading is the act of purchasing and selling financial products on the Internet. The trader buys and sells using an online trading platform. Online trading may include trading in bonds, stocks (shares), futures, international currencies, and other financial instruments. Most people trade online through an online broker. An online broker is a brokerage firm that offers its services on the Internet. Unlike traditional brokers, the investor does not meet the broker face-to-face or via the telephone. Everything happens on the web. The online trader has much more control over trades than the traditional trader. They can execute trades considerably faster than they ever could face-to-face or over the telephone. Apart from being able to manage multiple positions simultaneously, the online trader has access to extensive data. Online brokers and other websites provide comprehensive information on companies, exchanges, and markets. The Internet has opened the door to the investment world to a wide range of people. Today, not only can wealthy people execute trades, but also individuals further down the socioeconomic ladder. This democratization of trading has led to the development of a plethora of educational resources, making financial literacy more attainable for aspiring traders. The rise of user-friendly mobile trading applications has significantly lowered the entry barrier, inviting even those with minimal investment experience to participate in the financial markets.

Article

WCC_Customer Awareness and Perception of GST in the Automobile Sector of Kanyakumari District

Dr. B. Jemima Grace *

Abstract

This study explores customer awareness and perception of the Goods and Services Tax (GST) in the automobile sector of Kanyakumari District. GST, introduced to create a unified tax structure, has affected various industries, including the automobile sector, influencing pricing, demand, and consumer choices. The research aims to assess how well customers understand GST's impact on automobile purchases, their views on pricing changes post-GST, and the overall influence of the tax on their buying decisions. By examining these factors, the study seeks to highlight the level of awareness among consumers and identify any misconceptions or knowledge gaps within this sector.

Article

ASSESSING THE IMPACT OF RIVERBANK EROSION ON LIVELIHOOD AND HOUSEHOLD FOOD SECURITY IN THE TEESTA RIVERINE AREAS OF BANGLADESH

Md. Hazrat Ali*

Abstract

Riverbank erosion poses a significant threat to Bangladesh, as it is an endemic and recurrent natural hazard in our country. A study was conducted on riverbank erosion, livelihoods, riverine food security, and the response of susceptible households. A baseline investigation was conducted in four Upazilas of Lalmonirhat District to assess the impact of Teesta riverbank erosion on local food availability. The results indicated that the majority of people in the study area are affected by riverbank erosion. The study utilized data from focus groups in which the heads of households in the most severely affected areas participated and survey data from 385 rural households in Bangladesh that were vulnerable to riverbank erosion. The Food Security Index (FSI) has been created to better understand household food insecurity, with 3 indicating food security adequate, inadequate and scarce. Over the last decade, approximately three out of four households have lost their homes more than three times, and 77% have lost their homes at least three times. Furthermore, agricultural production is gradually decreasing due to the loss of farmland caused by the catastrophe and its impacts. In some cases, people lose their entire homesteads, leaving them with few income opportunities and low purchasing power. As a result, they face the constant threat of a food crisis. The affected individuals employ various coping mechanisms to deal with stressful situations, such as turning to cheaper or less preferred food options. Households struggling to sustain themselves through farming are adjusting and adapting. While local government authorities have implemented some programs to assist them, such as providing food aid and social safety net schemes, more support is needed due to the government's limited institutional resources and capacities. The results of this study suggested that the creation and execution of efficient rural development strategies may enhance the food security of individuals residing in Bangladeshi areas at risk of riverbank erosion.