Current Research Papers of ARJBM - Volume : 5 and Issue : 1

Selected Recourses of Manager Status in the Legal Framework of the Slovak Republic and the European Union

Daniel Lajčin, Gabriela Gabrhelová, Ferdinand Korn

In the article, the authors dispute about the psychological, historical, social, legal, moral, philosophical or sociological aspects which have created the status of the manager, both in a narrowing view in terms of the position of the manager as a complex of psychological and social givenness and as a subject of natural rights and freedoms and also in an extensive view perceiving the manager as a part of a dynamic wholeness, which the economy and economy of society state as well as globalization trends of the present is. In the presented article, objective and subjective factors are denoted to the demonstrative calculation, acting as sources of a content definition of the term "manager", with the transfer of selected outputs into the institutes of objective law, by which the state governs social relations and in which the personality of the manager acts as a subject of legal relationships.

“Data Mining” or How to Make Figures Speak The Case of Spectramap

Ward Roofthooft, Ph.D.

Figures, graphs, and maps may be useful for a better or easier understanding of the written word. It is often necessary to practice “data mining” in order to bring the underlying relevance of data to an intelligible graphic expression.

SPECTRAMAP is an analytical algorithm that has shown to be an effective tool to make “figures speak” via data mining. This article describes how SPECTRAMAP revealed highly useful strategic hypotheses in a case of overload of data (positioning a product) as well as in a case of scantiness of data (choosing the best approach for the promotion of trade among developing countries).

A Study on Loss making Indian Aviation Industry

Kriti Joshi and N. S Rao

The Indian Aviation Industry is currently one of the fastest growing aviation industries in the world. Indian aviation industry promises huge growth potential due to large and growing middle class population, favourable demographics, rapid economic growth, higher disposable incomes, rising aspirations of the middle class, and overall low penetration levels, despite all this factors India’s aviation industry has consistently been in the news for huge losses. During the financial year 2012-13, the whole industry reported a loss of over Rs. 5,840 crores (Business Standard, 2014)[1]. In 2014-15 Air India alone posted net loss of Rs. 5,547 crores, indicating a deteriorating state of the industry (Financial Express, 2015)[2]. The paper highlights the reasons behind Indian airlines suffering from losses, and initiative taken by the government in this sector in the end paper concludes by giving some suggestions to improve the financial health of Indian airlines.