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From Fig 5.9 it is seen that 79% of the respondents felt that attitude of Management towards the Staff did not change due to the impact of Recession. 9% of the respondents said that the attitude of management changed and 12% didn't think lik that.

Q.9 Which of the following barriers for growth are the most prominent that your bank has experienced during the current economic recession?

From Fig 5.9 it is seen that 28% of the respondents identified constraining government regulation and communication, followed by 14% weak power position, 13% adverse financial and economic conditions and 11% incompetent management practices.

Q.10 What makes you continue your job in this organization?

From Fig 5.10 it is seen that 40% of the respondents said that compensation and monetary rewards was the most motivating factors for contuining in HDFC Bank followed by 21% who found potential growth in the bank.

Changes in the firms' emphasis on Marketing and business activities were measured through Likert-type scale inquires. The respondents were assked to indicate the extent to which 11 different marketing activitives were emphasized “in the year prior to the recession” The activities appeared in the questionnaire with the numbers 1 through 5 corresponding to a natural progression from “no emphasis to “great emphasis”. Emphasis scales have been used before in the literature (Dess and Robinson 1984; Hatfield and Pearce 1994). The questions broadly covered the key decision variable in marketing (price, promotion, distribution, and product) used in previous research (Carpenter 1987; Kotler 1991; Robinson 1985). The following table 5.9 contains the full text of the questions and the mean responses.

Chapter 6

Discussion and Conclusion

6.1 Volatility in Global Financial Markets

Financial market is an economic institution which allows for the intermediation of capital between households and firms. Broadly, it has the following roles:

§ Determines the price of various securities

§ Providing the ability to transfer ownership of a security from one economic agent to another, which is called providing liquidity

§ Providing the ability to manage and transfer risks involved in holding these securities

The turmoil and volatility in financial markets started in the mid of 2007 but it began showing its repercussions after August 2008. The recent financial crisis has led to the fall of major financial institutions such as DSP Merrill Lynch, Lehman Brothers and AIG. Investors across the world are panic driven due to the current financial crisis. They are demanding comprehensive strategy which will mitigate the volatility and ensure that their capital is safe and protected. It is an agreed fact that regulators do play a critical role in bringing down the volatility and they have taken timely measures. But investors are also required to take essential precautions to ensure their portfolios are separated from vo本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。