Author: Himalaya Post

– Durga Chudal Cement industry is regarded as the most important economic driver in Nepalese economy. These days, there are approximately sixty cement companies, are manufacturing cement products. These can be classified into two categories in terms of their process of production. First category is clinker based and second one is grinding unit only, some of them are owned by government itself and many of them are under private ownership. Whatever the structure is, the market is same. In terms of payback period, cement industry has long gestation period as compared to other industry in Nepal. Cement product is regarded as the most perishable product.  In this world, every business is breathing under the demand supply theory, but sometimes Nepalese cement industry has proven as inconsistence movement to demand supply theory, for example they enjoyed additional premium of hundred and fifty rupees per sack during the period of 2016; even there were constant many other factors which are included in the model of price as dependent variable equation. Study shows that the sales volume at individual level is reflected by the change in price. It results lack of loyalty to the brand of cement due to availability of multiple options for the customers and negative pricing while attracting new customers. Also shows that the selection of brand is directly affected by the price of commodity rather than other factors....

– Durga Chudal Economic growth is the most important means of raising people’s incomes and reducing poverty in Nepal. Business organizations in Nepal make possible for the economic growth through converting the ideal resources into valuable products. The quality of product relies on the feature of input and the methods of processing. Better inputs and knowledge create the best productivity. The business with excellent   productivity plays vital role for the development of any particular place and economy. The productivity is highly depended on the level of resources which are used in production which can fulfill the desire of targeted end users with satisfactory level. The most valuable factors of productions are human resource, technology, land, capital and business environment, among them human resource is the most important factor of production, because all the resources are mobilized by the human resources. Without efficient human resource, no higher productivity is desired.  It can be realized through the development of skilled human resource and business organization, which operates only within the boundary of business ethics. Business organization plays the crucial part for development of human resources as well the growth of the Nepalese economy.  Business and human resources are known as major pillars of the economy. Business in Nepal creates jobs and opportunities for poor people to support their families and build more stable futures of Nepalese people   and economy. Similarly human...