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04/08/231

BUSINESSUNION

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PURPOSE OF DISCUSSION

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04/08/234

It introduces us to one of the important bodies of

the Corporate World

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Topics of Discussion

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MEANINGDEFINITIONCAUSESTYPESEXAMPLESABOUT N.E.C.CABOUT N.S.G

ABOUT I.C.A ABOUT I.B.AABOUT OPECADVANTAGESCONCLUSION

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MEANINGA BUSINESS

UNION is a group of businesses who cooperate to limit competition. They may set prices or market share, or allocate customers.

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DEFINITION

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A BUSINESS UNION is a formal (explicit) agreement among competing firms. It is a formal organization of producers that agree to coordinate prices, marketing and production.BUSINESS UNIONs usually occur in an oligopolistic industry, where there many sellers and usually involve homogeneous products.

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CAUSES OF FORMATION

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Elimination of competition n price-warEconomies of large scale businessEffects of Trade-CyclesInfluence of Terrif n Protection PolicyDesire to enjoy monopoly powerNeed for rationalisation And many more

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OBJECTIVES

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To coordinate pricesTo increase individual members' profits

by reducing competition.To permit rationalization of industry

structure and excess capacity.To render assistance and to provide

various common services to Members and business firms.

To develop and implement new ideas and innovations in services, operations and procedures.

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TYPES OF UNION

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NATIONAL Combination of 2

or more units engaged in same business within a country.

INTERNATIONAL Combination of 2

or more units engaged in same business across the world.

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04/08/2312

EXAMPLES OF N. UNIONS

I.C.A

N.E.C.C A.U.S.P.I

I.B.A

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EXAMPLES OF I.N.UNIONS

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O.P.E.C N.S.G

W.G.C M.A.T

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INDIAN BANK ASSOCIATION

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I.B.A.

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HISTORY

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The Indian Banks' Association (IBA) was formed on the 26th September 1946 with 22 members. As on 30th September 2009 IBA has 160 members

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MEMBERS

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The members comprise of Public Sector Banks Private Sector Bank Foreign Banks Urban Co-operative Banks.

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BANK UNION PUBLIC S. BANKS

FOREIGN BANKS

URBAN CO. BANKS

PRIVATE S. BANKS

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OBJECTIVES

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To promote and develop in India sound and progressive banking principles, practices and conventions and to contribute to the developments of creative banking.

To render assistance and to provide various common services to Members and to the banking industry.

To develop and implement new ideas and innovations in banking services, operations and procedures.

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Contd…

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To organize co-ordination and co-operation on procedural, legal, technical, administrative or professional problems and practices of banks and the banking industry.

To initiate advance planning for introduction of new systems or services in the banking industry.

To collect, classify and circulate statistical and other information on the structure and working of the banking system

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MEMBERS Dr. K Ramakrishnan Chief Executive Mr M R Umarji Chief Advisor – Legal Mr K Unnikrishnan Chief Executive Mr. M Venugopalan Officer-on-Special

Duty Mr. S S N Murthy Sr. Vice President Mr. M U Bhave Sr, Vice-President Ms Prabhuta M Vyas Sr. Vice-President

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Organization of the Petroleum Exporting Countries

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O.P.E.C

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WHAT IS IT?

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The Organization of the Petroleum Exporting Countries (OPEC; pronounced /oh-pek) is a BUSINESS UNION of twelve countries made up of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. OPEC has maintained its headquarters in Vienna since 1965, and hosts regular meetings among the oil ministers of its Member Countries.

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HISTORY

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Venezuela was the first country to move towards the establishment of OPEC in the 1960s by approaching Iran, Gabon, United Kingdom, Kuwait and Saudi Arabia in 1949, suggesting that they exchange views and explore avenues for regular and closer communication among petroleum-producing nations.

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OBJECTIVES

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According to its statutes, one of the principal goals is the determination of the best means for safeguarding the BUSINESS UNION's interests, individually and collectively.

It also pursues ways and means of ensuring the stabilization of prices in international oil markets

An efficient and regular supply of petroleum to consuming nations, and a fair return on their capital to those investing in the petroleum industry.

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MEMBERSHIP

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Current members: OPEC has twelve member countries:

SIX IN MIDDLE EAST

FOUR IN AFRICA

TWO IN S.AMERICA

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INDIAN CELLULAR ASSOCIATION

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I.C.A

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PRELIMINARY IDEA

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Indian Cellular Association (ICA) is the apex body of the mobile industry comprising of :

Brand Owners; Technology Providers; Manufacturers; National Distributors;Ethical Retailers and Eminent consumers of mobile handsets

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PURPOSE

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The Association has been constituted to provide value and service to the mobile cellular handset industry in India;

by fuelling its growth,improving competitiveness, helping create a legal and ethical

market and regulatory environment, thereby providing long term benefits of mobile connectivity to the Indian masses.

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ICA Vision

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We foresee India as a country having a very competitive mobile industry penetrating the entire Indian population, thereby providing voice connectivity and giving tremendous benefits of wireless connectivity to the masses and offering instant wireless solutions to citizens in the areas of:

Mobile GovernanceMobile Payments Mobile EducationMobile enterprise solutions (including for SME

clusters)Other walks of life like information,

entertainment etc.

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ICA Office Bearers

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The Association is headed by its National President, Mr. Pankaj Mohindroo, who presides over the Association’s objectives of ensuring the development of the mobile cellular handset industry in India. 

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MEMBERS

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Mr. Pankaj Mahindroo

National President ICA & Chairman of the Committee

Mr. Vineet Sehgal Business Development Manager

Nokia India Pvt. Ltd. - Member Secretary.

Mr. Amrish Bakaya Commercial Director Nokia India Pvt. Ltd.

Mr. Narendra Nayak Director Motorola India Pvt. Ltd.

Mr. Ajai Chowdhry Chairman & CEO HCL Infosystems Ltd.

Mr. Kunal Ahooja Vice President -Telecom Samsung India Electronics Ltd.

Mr. Lokesh Gupta Chief Executive Spice Net Ltd.

Mr. Jukka Lehtela Director India Operations Nokia India Pvt. Ltd.

Mr. Sudhin Mathur General Manager-India Sony Ericsson Mobile Communication International.

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HOLOGRAM OF I.C.A

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The hologram identifies legal and ethical mobile handsets, which are legally imported into India or legally manufactured in India.  The hologram reassures the trade and consumers about the genuineness of the product.

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I.C.A. - HOLOGRAM

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N.E.C.C

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WHAT IS N.E.C.C

The National Egg Co-ordination Committee is the world's largest association of poultry farmers. It plays a significant role for the betterment of the egg industry in India.

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HISTORY

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Around the year 1981, the Indian poultry industry was hit by an unprecedented crises. Over 40 percent of all poultry farmers had stopped operations because the business had become economically unviable. Middlemen had forced down prices and farmers were being paid less than their production cost, a result of speculative trading, since the existing market and distribution network was working against the interest of the farmers. Consumption of eggs was low and the future looked anything but healthy.

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My Egg, My Price, My Life

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OBJECTIVES

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Price declaration. To decide upon a reasonable price for eggs which

ensures a fair return to the farmers, decent margins to the middleman and a fair price to the customer.

To monitor the egg stock levels in different production centres.

Manage stock levels and regulate the movement of stocks from surplus to deficit regions, in order to maintain a balance between demand and supply.

To organize and unite poultry farmers across the country.

To create a dependable distribution network so that eggs could reach every household in every village.

To generate employment by encouraging people to take up egg farming and egg trading.

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Contd…

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To promote exports and develop export markets To make available the technology and information for

increased production of eggs. To get government support and financial aid from

banks for various schemes in rural India. Advertise with the objective of educating the

customer. Undertake a powerful egg promotion campaign to

counter the myths about the egg and communicate it's benefits. This would help increase the level of consumption of eggs.

Market research, identification and its development. Preparation and submission of position papers to the

government on issue affecting the industry.

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NUCLEAR SUPPLIERS

GROUP

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N.S.G

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WHAT IS N.S.G.

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NUCLEAR Suppliers Group (NSG) is a multinational body concerned with reducing nuclear proliferation by controlling the export and re-transfer of materials that may be applicable to nuclear weapon development and by improving safeguards and protection on existing materials.

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Members

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As of 2009 the NSG has 46 members:

• CHINA became a member in 2004• GERMANY• ITALY • JAPAN etc.

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objective

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To coordinate their export controls governing transfers of civilian nuclear material and nuclear-related equipment and technology to non-nuclear-weapon states.

The NSG aims to prevent nuclear exports for commercial and peaceful purposes from being used to make nuclear weapons.

NSG members are expected to forgo nuclear trade with governments that do not subject themselves to international measures and inspections designed to provide confidence that their nuclear imports are not used to develop nuclear arms.

The NSG has two sets of Guidelines listing the specific nuclear materials, equipment, and technologies that are subject to export controls.

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ADVANTAGES OF BUSINESS UNION

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Economies of large scale

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Elimination of competition

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Coordination between demand n supply

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Capacity to face cyclical changes

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Benefit to consumers

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CONCLUSION

“UNITED WE STAND , DIVIDED WE FALL.”04/08/23 50

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