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Travellers befuddled by conversions and calculations when using foreign currency often stray from their normal buying patterns, and tend to lavishly overspend or unduly restrict their purchases, according to a consumer study.
The study, published in the June issue of the Journal of Consumer Research, found most consumers spend less if the numerical value of foreign money is less than their home currency, says researcher Dilip Soman, a marketing professor at the University of Torontos Rotman School of Management.
Suppose you go from the United States to Thailand, you would exchange each of your dollars for 45 Thai bahts, he told CBC News Online. If you did this at the airport at a currency exchange where you put every single dollar down and got 45 in exchange, it actually makes you feel wealthier because you would get a lot more bahts in exchange for your dollar. As a result you tend to overspend.
More : cbc.ca
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Survey finds MBA students most likely to cheat
When it comes to cheating in graduate school, a new study finds that MBA students are the champs.
A survey of 5,331 students at 32 graduate schools in the United States and Canada found an alarming amount of cheating across disciplines, but more among the nations future business leaders. Fifty-six percent of graduate business students admitted they had cheated at least once in the last year, compared with 47 percent of non-business students.
The students, who were surveyed between 2002 and 2004, told researchers from Pennsylvania State,
Udupi: Kumaraswamy to inaugurate Poornaprajna management institute
Chief Minister H.D. Kumaraswamy will inaugurate the Poornaprajna Institute of Management here on July 1. Addressing presspersons here on Wednesday, Director of the institute M.R. Hegde and Sri Vibudesha Tirtha Swamiji of Admar Math said the Poornaprajna Institute of Management was promoted by the Admar Math Education Council for imparting postgraduate education in management science. It offered two-year MBA course and was affiliated to Mangalore University.
The institute was approved by the All India Council for Technical Education (AICTE) and the Government, they said.
Dr. Hegde said this was the 25th educational institution
New Delhi, June 19 (PTI): Substituting cotton cultivation with soyabean can help prevent farmers' suicides, a study has said.
Farmers stand to loose due to declining prices of cotton and they would gain by cultivating soyabean that is witnessing an increase in prices, according to a study 'Cotton to Soyabean: A Way Out of Farmers' Suicides' by two professors of the Indian Institute of Management (Indore) S P Parashar and Dipayan Datta Chaudhuri.
"Farmers are committing suicides because they are unable to recover the production cost," the study said adding, "in such a scenario of declining profitability from cotton cultivation, it is
Shibananda Biswas has targeted 80% in Madhyamik examination of the Scottish Church Collegiate School, 70% on Higher Secondary of the same school with 192 points out of 200 in mathematics, and is now the success of science in university-Stream Calcutta, 86, 87% of marks in mathematics as well as prizes.
My interest was initially developed mathematics of my family. I used math to do with my grandfather, Phanibhushan Biswas and my cousin Ananya, now a doctor. Anyway, the subject has been a particular prestige within the family, because I use when I schalt poor scores in math, even in each class
Scientists and Indian doctors have studied and practiced abroad to return to their countries of origin, seeking ways to back growth and professional development, says a new study.
More and more medical professionals of the mission of lucrative jobs to the USA and other countries adopt to return to India and research institutes and hospitals, study shows the Charities Aid Foundation of India (CAF).
The statistics are revealing. Of the roughly 250 researchers working at Dr. Reddy's Laboratories, 20 have returned from foreign shores. They are a new medicine research.
On Lupin Laboratories, four researchers from the USA in search of chemicals in
Management Development Institute (MDI), Gurgaon and Suzuki Maruti India (MSIL), last week signed a Memorandum of Understanding (MoU) allows selected Top leaders Maruti higher management training in the management of renowned institutions . This agreement will contribute to MSIL certain employees as part of their program of higher education to follow Executive Postgraduate Diploma in Business Management (EPGDBM), the program.
The 15 months is a EPGDBM Full-time Residential over 12 months on the campus of the theoretical and practical training of 45 days, and the international exhibition of Europe. The course consists of six weeks of project work, the students when
Announces Admission: MBA (International Business) 2007-2009
Last date for sale of prospectus by post: August 21, 2006
Last date for sale of prospectus across the counter at IIFT: September 4, 2006
Last date for receipt of completed applications: September 4, 2006
Written Test: November 26, 2006
Eligibility: Recognized bachelors degree of minimum 3 years duration in any discipline. Candidates appearing for a qualifying examination can also apply subjects to submission of proof of requisite qualification by 7 October 2007.
How to apply: By cash/personally: The prospectus and application form may be obtained on all working days between 10 a.m. - 4.30 p.m. on payment of Rs.1200/-
Pune: The University of Pune (UoP) and the International cell Symbiosis International Student Council, which is on the Vishawa Bhavan, have focused on the role of the station and foreign students feel at Pune.
Entry litigation, out of space, different languages and palaces, are sufficient for their overflowing cup of woes. But help is at hand. To boost needed with regard to students, and miles away from their friends, UoP International cell and the symbiosis of the Institute are to provide advice, information and advice on the establishment, student organizations, agencies D'hostels and other things for students from other US and
ICFAI rural MBA finds bevy of recruiters
While IIM students may be attracting Rs 1-crore salary packages, ICFAI National College, that offers business management programmes for the masses, is churning out foot soldiers for financial services and retail companies who are looking at hiring B-school grads for their tier-II and rural operations.
ICFAI National College, with 155 centres in towns like Warangal and Nasik, is emerging as a key talent resource for BFSI and retail companies who are scouting for talent in small towns. These companies want local talent pool in large numbers, who can speak the native language. As these
Pune: The University of Pune (UOP) and the international cell of the symbiosis between the International Student Council is in Vishawa Bhavan, took to the realization of the station and foreign students feel at home in Pune.
Entry disputes, room hunt, different languages and palaces are quite their cup of woes overflow. But help is at hand. To boost needed for these students, who geflogenen miles familes and friends, UOP International Cell Institute and symbiosis are providing advice, information and advice on housing, student organizations, agencies and hostels other things for students from other U.S. and abroad.
While students from African countries
MBA Tag Clouds