Others November 2012

Nov 30, -0001 0 11 minutes 11 seconds to read

…

Cement November 2012

Nov 30, -0001 0 9 minutes 49 seconds to read

…

Travel November 2012

Nov 30, -0001 0 10 minutes 22 seconds to read

…

Footwear November 2012

Nov 30, -0001 0 10 minutes 6 seconds to read

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Electronics November 2012

Nov 30, -0001 0 14 minutes 21 seconds to read

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Banking & Insurance November 2012

Nov 30, -0001 0 10 minutes 43 seconds to read

…

Paints November 2012

Nov 30, -0001 0 9 minutes 58 seconds to read

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Mobile Phone November 2012

Nov 30, -0001 0 12 minutes 13 seconds to read

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Refrigerator November 2012

Nov 30, -0001 0 10 minutes 32 seconds to read

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Automobiles November 2012

Nov 30, -0001 0 3 minutes 17 seconds to read

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Personality November 2012

Nov 30, -0001 1 36 minutes 45 seconds to read

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Coordination Essence Of Management

Nov 30, -0001 0 17 minutes 19 seconds to read

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Cycling Thrills

Nov 30, -0001 0 6 minutes 17 seconds to read

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Brand Talk November 2012

Nov 30, -0001 1 4 minutes 20 seconds to read

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Sectoral November 2012

Nov 30, -0001 0 6 minutes 31 seconds to read

…

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No Laughing Matter

The Sweet Rewards of Power

By Madan Lamsal

. . .
read more »

NEPSE

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<![endif]--><img alt="syakar" border="1" height="109" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/tripleoffer.jpg" vspace="10" width="120" /><br />
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	LG came up with a consumer promotion scheme called LG 3D Dashain on the occasion of Dashain. Under the scheme, customers purchasing LG 3D/Smart/LED/ LCD/CRT TVs, refrigerator, washing machine, microwave oven, home theater, DVD player and LG Mobile can win 32” Cinema 3D TV everyday through lucky draw. Also, there will be sure-shot prizes of pen drives, DVD players, mobiles and others on the purchase of LG appliances.</span></p>
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	Rukmani Chemical Industries Pvt Ltd introduced two new paints Elegance Premium Luxury Emulsion and Ultimate High Performance Exterior Emulsion in the market. According to the company, Elegance Emulsion gives smooth finish, and resists bacteria and stains. Similarly, Ultimate Emulsion is anti-fungus and doest fade away, claims the company. The new products will be available in all the major cities throughout the country.</span></p>',
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	Pashupati Trade Link, an Enterprise of Murarka Organization, launched Karbonn A5. This Android Phone V2.3.6 Gingerbread Smartphone has 3.5” HVGA Screen, Dual Sim, 3G Support, 2.0 MP Camera, HSDPA 7.2 mbps, 800 MHz Processor, G-Sensor Support, Bluetooth, EDGE Support, E-mail, Expandable Memory Up to 32 GB and Battery Up to 1420 mAh. <br />
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	The company also launched other new models of Karbonn Mobile Phones including Karbonn 101*, Karbonn 21+, Karbonn 11+, Karbonn 451+, Karbonn 110* and Karbonn A7+. These mobile phones hold one year warranty on handsets and six months guarantee on battery and charger. The company said it will further launch many more models of Karbonn Mobile Phones in the future keeping in mind the consumers needs.</span></p>
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	The sole authorized distributor of Kelvinator for Nepal EOL Pvt Ltd came up with a consumer scheme named Refeshing Dashain and Tihar on the occasion of Dashain and Tihar. Under this scheme, the company will be offering 1 case Rio free on every purchase of Kelvinator refrigerator.<br />
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	CG EOL Pvt Ltd brought about the consumer scheme “Godrej Freshtival Offer” for this year’s festival celebrations. The scheme aims to freshen up this year’s Dashain and Tihar by offering a carton of Rio juice on the purchase of a Godrej Refrigerator. The refrigerators from Godrej are equipped with “Stay Cool Technology” that guarantees freshness for all 24 hours of the day, even during loadshedding. Similarly, they are also equipped to play music. Its features and innovation make Godrej refrigerators one the most technologically advanced in the market.</span></p>',
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	<br />
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	CG Automobiles, the authorized distributor of TVS two wheelers in Nepal launched its Dashain Tihar offer. Under this offer, the buyers of any TVS motorcycle or scooter can avail a cash discount up to Rs 10,000. This scheme is available on finance as well as exchange.<br />
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	<b>Š</b>KODA M.A.W. launched its scheme for the festive season under which consumers will be able to purchase a SKODA Fabia, the premium hatchback in the SKODA line of models, with a down payment of only Rs 350,000. This will enable consumers to purchase a brand such as SKODA for a much lower amount than is normally required when financing a new car. As for other brands and variants, SKODA M.A.W. stated that attractive offers are available on those as well, especially for the festive season.<br />
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	Syakar Company announced a new scheme for its premium bikes customers on the occasion of Dashain and Tihar. CBR 250R/600RR/1000RR, CB600F Hornet, CB1000R, Tornado XR250R, and XR150R Bros figure among the Honda big bike segment. The offer included Rs 20,000 cash discount on XR150R Bros, Rs 10,000 cash discount on CBR250R/Tri Color and Rs 40,000 cash discount on the Hornet CB600F. These bikes are available from Wing World Showroom, Teku and Bajra auto Trading, Boudha.<br />
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	On the auspicious occasion of Dashai and Tihar, the company also announced its Dashain-Tihar scheme on Honda Two wheelers. The offer was launched targeted to benefit its customers. According to the company, the scheme featured scratch cards which entitles the customers to win Rs 4,000-100,000. The scheme also had 16+4 free servicing for the time span of five years each worth Rs 5,600 and 10 per cent discount on spare parts for five years.<br />
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	Hero MotoCorp Ltd (HMCL), the world’s largest two-wheeler manufacturer, launched brand ‘Hero’ and its range of two-wheelers in Nepal, marking the new brand’s foray into the country. It also announced a partnership with the reputed NGM to bring its two-wheelers to Nepal. Under the alliance, NGM was appointed as the distributor of Hero MotoCorp range of two-wheelers in Nepal. These products are being distributed through a network of more than 70 outlets spread across the country, with another 30 new outlets to be added in the next one year.<br />
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	Pawan Munjal, Managing Director &amp; Chief Executive Officer of Hero MotoCorp Ltd, launched the new brand ‘Hero’ in the presence of Dr Roop Jyoti of NGM. Nepali cricketer and youth icon Binod Das introduced the 150cc high performance motorcycle – “Hero Xtreme”, while Miss Nepal 2012 Shristi Shrestha unveiled the scooter – “Pleasure”.<br />
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	Pooja International Nepal Pvt Ltd, the authorized distributor of Volkswagen vehicles for Nepal, opened a showroom and servicing centre in Munal Path, Biratnagar. The showroom will have new Volkswagen models while the service centre will provide all assistance needed by the customers, informed the company. Volkswagen, headquartered at Wolfsburg, Germany is the biggest car manufacturer of Europe and holds 20 per cent of the European market share.<br />
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			'title' => 'Personality November 2012',
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	<span style="font-size:14px;"><span myriad="" style="line-height: 115%; font-family: ">Khem Raj Panta’s life took an unexpected turn after he came to Kathmandu in 1990. From his first business exposure with UPS and entering SkyNet in 1992 to starting his own business in 1997, he has come a long way. Today, there is apparently nothing that he is more passionate about and more committed to than business.</span></span></p>
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	<span style="font-size:14px;"><span class="A15">L</span><span style="color: rgb(33, 29, 30);">ooking at him stand tall with responsibilities of a host of companies on his shoulders, it is hard to imagine that he had no plans of becoming a businessman when he was growing up. Executive Chairman of Nepal Skin Hospital Pvt Ltd and Country Manager at SkyNet Worldwide Express, Khem Raj Panta has also held important designations in companies including Qantas Freight, DTDC Worldwide Express and Nepal FM 91.8. “It was accidental”, he bluntly answers to how he turned a businessman. Born in the hills of Gorkha and raised in the plains of Biratnagar, as a young boy, he aspired to hold a government position. The Pantas were not businessmen; business had never run in the family. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">Going down the memory lane, he recalls that his father always wanted him to take up science, particularly either medicine or engineering. However, his life took an unexpected turn after he came to Kathmandu in 1990. He got his first business exposure when he worked with UPS, a global company, for six months. He entered SkyNet in 1992 having cleared an interview and in five years’ time, he became the first person of the company. And then, his long journey of leadership in the field of business began in 1997. Today, there is apparently nothing that he is more passionate about and more committed to than business. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">It seems distressing, having to handle so many responsibilities at once. Panta admits that although it is a tough job, he goes about accomplishing his work with the help of his team and the system behind him. He believes that team building, system building and channeling are crucial aspects of business and management. Although there are no hard and fast rules to his management philosophy, he does live by three words like a mantra “honesty, hard work and commitment”. While he is thankful towards J N Shetty, MD at SkyNet Mumbai, for guiding him, Panta had no godfather to look up to when he entered business. Whatever he has earned and achieved till now, it is due to his hard work and ability. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">He is very committed to his work; and works from 7 am to 10 pm on a normal day. His work demands a lot of travelling across the world and in long flights. When he is travelling, his flight hours are also his prep hours; he uses the time to do his homework for the visiting purpose. One very important characteristic of his is that he worships time and values every minute of the day. Even when he is abroad, he doesn’t </span><span style="color: rgb(33, 29, 30);">spend a day extra than demanded by his work unless he is on a planned vacation. Panta is strictly against wasting time.</span> <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">For this businessman, his friends and family have always been a strength factor. When asked about important people in his professional and personal life he instantly remembers two other people besides his wife and son: brother-in-law Kiran Acharya and partner Bijay Rijal. Panta’s wife above all is like a backbone to him. Ever understanding and ever loving, she helps him keep calm and be patient in affliction. For 20 longs years, she has always stood by him. “She is a wonderful woman, a wife, a friend and most importantly an advisor to me,” he says. Besides wife Nirmala’s significance in his life, he has another advisor in the family, his 18-year-old son Aashish. Panta believes in the importance of quality education and has always sent his son to the best of schools. Currently, Aashish is pursuing his BBA at GD Goenka World School. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">&nbsp;He listens to his son because for him it is important to keep up with the new generation. With father’s wisdom and son’s freshness, the Pantas share a relationship that stands on friendship within and beyond the family. Panta has begun grooming his son for the business world already. They attend business meetings together whenever his son is free. Some time ago, his son even looked after one of his business ventures for six whole months. Panta sees a potential businessman in his son. He confesses that it is difficult to balance time between family and work, and compromises have to be made sometimes. However, whenever he is with his family he gives his 100 per cent to them, “Saturday is an absolute family day for me” he justifies his claim. Once in a year, Panta and his family also fly to a holiday destination.</span> <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">Despite the hectic schedule and a number of responsibilities attached to his designations, Panta leads a modern healthy life. He is an Osho follower; and hence he meditates for 30 minutes every day. He also runs and sometimes swims at the club. He is fit and healthy and hence plans to work hard in the coming decade while he still has the oomph of business in his soul. “I don’t want to die working like most Nepalis do”, he says. <br />
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	<span style="font-size:14px;"><span style="line-height: 115%; color: rgb(33, 29, 30);">After the age of 55, he plans to hand over his responsibilities to a new generation of leaders and retire willingly. Panta has neatly outlined his retirement plan already and shares it enthusiastically. He plans to divide a year into four perfect halves, each for a destination. He plans to spend three months each in Kathmandu, Gorkha and Delhi where his beloved friends are and the remaining three months travelling around the world with his wife.<br />
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	<span style="font-size:14px;"><span style="line-height: 115%; color: rgb(33, 29, 30);">There were two major turning points in his life. The first one was his association with SkyNet, where he understood what his purpose in life was and the second one was the birth of his son. His son’s birth was like a lucky charm and opened all the doors of opportunities for him one by one. However, time is god to Panta and he credits his respect for time as the main reason for where he stands today. <br />
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	<span style="font-size:14px;"><span style="line-height: 115%; color: rgb(33, 29, 30);">He has a few simple but powerful messages for the entire new and emerging generation of entrepreneurs - young entrepreneurs should not be involved in politics and young talents should not migrate abroad because if there is one place that has enormous potential for business it has to be Nepal. Finally, Panta says, “I know, the new generation is in a hurry to succeed and it is only natural for them to want so. But, you should understand that there are no shortcuts to success. You have to be patient.”</span></span></p>
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<![endif]-->	<strong><span style="font-size:16px;"><span style="line-height: 115%; font-family: ">PERSONAL SIDE <br />
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	<span style="font-size:14px;"><span class="A62">Fitness: </span><span class="A63">Meditation and Health Club. An Osho follower, he meditates for 30 minutes every day. </span></span></p>
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	<span style="font-size:14px;"><span class="A62">Fetish: </span><span class="A63">Gadgets and Watches. Changes gadgets every two-three months and gets his hands on the latest models. Has over 50 watches to choose from and wears a different watch each day. </span></span></p>
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	<span style="font-size:14px;"><span class="A62">Brand Consciousness: </span><span class="A63">Absolutely brand conscious. Always wears and carries brands. </span></span></p>
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	<span style="font-size:14px;"><span class="A62">Suburbs or the City: </span><span class="A63">Suburbs for home because it needs quieter surrounding. City for business because it needs the crowd. <br />
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			'description' => 'The decade-long ban on issuing licenses to new distilleries and breweries is finally lifted by the government. It has now decided to allow establishment of new distilleries and breweries if they comply with a new 10-point standard set by the government. Ram Sharan Chimoria, Spokesperson at the Department of Industry (DoI), said that the Ministry of Industry (MoI) took the decision on October 7. Around 150 applications for registering new liquor industries are already received.',
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<p class="MsoNormal">
	<span class="A14"><span mso-bidi-font-family:="" myriad="" style="font-family:"><img alt="" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/hrkurakani(1).gif" /><br />
	</span></span></p>
<p class="MsoNormal">
	<span class="A14"><span mso-bidi-font-family:="" myriad="" style="font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A29"><span myriad="" style="font-size:15.0pt;line-height:
115%;font-family:">Good management is not about signing contracts, assigning jobs and owning a company, rather it is about proper correspondence and coordination and requires involvement of all organization units to work together. <br />
	</span></span></p>
<p class="Default">
	<span class="A4"><span style="font-size:
59.0pt">&nbsp;C</span></span><span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">oordination refers to an essential principle of management that is necessary to accomplish overall organizational goal. An organization grows when leaders face challenges to synchronize all the activities and functions inside it. Coordination simply put is nothing more than members in an organization working together and moving in the same direction to achieve a common goal. In the words of Theo Haiman, however, “Coordination is the orderly synchronization of efforts of the subordinates to provide the proper amount, timing and quality of execution so that their unified efforts lead to the stated objective, namely the common purpose of the enterprise”. Thus, to proficiently arrive at an intended destination of the business, effective and efficient coordination becomes compulsory. Right people, with right skills in the right seats are not all that an organization needs to succeed. Good management is not about signing contracts, assigning jobs and owning a company, rather it is about proper correspondence and coordination and requires involvement of all organization units to work together.</span></p>
<p class="Default">
	&nbsp;<img alt="" border="1" height="161" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/coordination.gif" vspace="10" width="114" /></p>
<p class="Pa8" style="text-align:justify;text-indent:14.0pt">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">According to Dick Carlson, effective coordination is acquired through four important stages and they are:-<br />
	<br />
	a. Communication – Understanding<br />
	b. Timing – Appropriateness<br />
	c. Flexibility – Sensitivity<br />
	d. Control – Discipline &amp; Motivation <br />
	</span></p>
<p class="Pa8" style="text-align:justify;text-indent:14.0pt">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:"><br />
	</span></p>
<p class="Pa8" style="text-align:justify;text-indent:14.0pt">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">Coordination is different yet inseparable from cooperation. While coordination is bringing together the efforts of diverse mechanism within an organization to provide them unity of purpose; cooperation refers to the shared but intended efforts of people to carry out a meticulous objective. Cooperation works to ease coordination within a team or organization as a whole.. It is unanimously said that “Cooperation without coordination has no fruit and coordination without cooperation has no root”. Thus, cooperation and coordination must go hand in hand with a clear understanding that one is the stepping stone for the other. An effective manager needs both. The management seeks to achieve coordination through its imitative moves e.g. planning, organizing, staffing, commanding and controlling. Conciliation with external situations, scheming internal circumstances and motivation of people resources are integral, coordinating functions of management. The performance of the management depends much on coordination than any other element. <br />
	<br />
	<br />
	<img alt="" border="1" height="151" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/management.gif" vspace="10" width="227" /><br />
	</span></p>
<p class="MsoNormal">
	<span myriad="" style="font-size:10.0pt;
mso-bidi-font-family:">In any enterprise, coordination leads to facilitate:</span><br />
	 </p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;
mso-fareast-font-family:"><span style="mso-list:Ignore">a.<span new="" style="font:7.0pt " times="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><span myriad="" style="font-size:10.0pt;mso-bidi-font-family:
">Team Spirit: By encouraging people to work in a team and achieve the common goal.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">b. Better Accomplishment: With proper direction and management of time and energy.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">c. Cost Effectiveness and Efficiency: By automatically generating concern about control of wastage (Process &amp; resources). This minimizes delays and break downs and leads to optimum utilization of resources.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">d. Motivation: By encouraging employees to take initiatives which eventually enhances job satisfaction.. It inevitably results in better performance of the company as a whole.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">e. Improved Human Relations: by minimizing the conflicts, rivalries and other organizational issues. With clarity that comes along, working is always smooth and productive.</span></p>
<p class="MsoNormal">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">f. Goals Integration: by bringing uniformity in understanding of organizational goals and common effort required to achieve it. Coordination is a process that applies only to group activities. It does not apply to individual activities. Coordination also requires deliberate efforts like:</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">a. Well Defined Objectives: Clarity &amp; common understanding of the objective makes it attainable and hence, coordination succeeds only if the organization has defined its objectives well.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">b. Effective Chain of Command: Chain of command is the interlink or chain link of authority and reporting relations. This link connects all the members from top to bottom by duly defining reporting relations as superior/supervisor and subordinate. This results in effective control and communication.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">c. Continuous &amp; Accurate Programs and Policies: It focuses on long term planning for human capital strategic perspective around integrated product &amp; services. Thus, coordination time bound rather is a continuous process. It must continue at each level from inception i.e. planning, organizing, directing and controlling until the business sustains.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">d. Effective Communication: Coordination can succeed only with effective communication. All barriers and gaps at each level must be eliminated in the communication process. Proper communication helps to avoid misunderstandings and helps to build consensus to achieve goals.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">e. Effective Leadership: Leadership is a means to realize the outcome of coordination and efficient allocation of resources. The importance of coordination is stressed to improve the value of collaborative activities. Effective leadership strategies derive their power from effective strategies and transformational power of a compelling vision rather than from hierarchy, rank or standard operating procedures.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">f. Cooperation: Cooperation is the hall mark for a corporate culture. Accomplishment of an ultimate goal requires mutual cooperation. To secure coordination around a business destination, maintenance of cooperation amongst functions, teams and individual employees is essential. Since cooperation is one of most important element in assisting coordination, upkeep of sustained cooperation is important.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">g. Mission Driven Work Teams: Also termed as “self managing” teams, it represents teams with interdependence and joint responsibility for outputs among the members. It has been considered as a revolutionary approach to organize and perform assignments. It integrates the need of people with work to be done and that is encouraged through coordination.</span></p>
<p class="Default">
	 </p>
<p class="MsoNormal">
	<span myriad="" style="font-size:10.0pt;
mso-bidi-font-family:">It is suggested by management scientists that the implementation processes range from the simplest to the most complex. Here are a range of these processes:</span><br />
	<br />
	 </p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;
mso-fareast-font-family:"><span style="mso-list:Ignore">i)<span new="" style="font:7.0pt " times="">&nbsp; </span></span></span><span myriad="" style="font-size:10.0pt;mso-bidi-font-family:
">Standards: A set of expectations and measures across organizations, i.e. performance standards or management.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">ii) Information: Learning and knowledge sharing through database, case studies or site visits.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">iii)Expertise: Sharing expertise and competence through people (expert) movement from one to the other location/unit in view of the best use of the talent available.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">iv)Authority: Problem solving or trouble shooting among cross functional teams through sharing authority.</span></p>
<p>
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">v) Cost Economy: Leader shares knowledge around achieving goal that controls cost through integration of business processes. </span></p>
<p class="Default">
	 </p>
<p>
	<span myriad="" style="font-size:10.0pt;
mso-bidi-font-family:">Coordination is a valuable yet intangible tool. Businesses seeking success must ensure application of coordination that includes ability to set standards, share information, transfer expertise, allocate authority, improve business processes and deliver innovation and design. All the functions of management are affected by coordination. It encourages team spirit, gives proper direction to the organization and motivates employees as well as makes proper use of the resources. Hence, it is an essential element for the survival, growth and profitability of any organization. </span></p>
<p class="MsoNormal">
	 </p>
<p class="MsoNormal">
	 </p>
<p class="MsoNormal">
	<strong>&nbsp;</strong></p>
<p class="MsoNormal">
	<strong><span style="font-size:8.0pt;line-height:115%;color:#211D1E">Dr Karna is the Executive Chairperson of MARK Business Solutions Pvt Ltd. The article is based on various research reports and his practical experiences as management practitioner.</span></strong></p>
<p class="MsoNormal">
	 </p>',
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			'created' => '2012-12-17',
			'modified' => '2013-01-22',
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			'description' => 'Good management is not about signing contracts, assigning jobs and owning a company, rather it is about proper correspondence and coordination and requires involvement of all organization units to work together.',
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			'id' => '750',
			'article_category_id' => '76',
			'title' => 'Cycling Thrills',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong><span style="font-size:14px;">By Abha Dhital</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	<img alt="youths " border="1" height="181" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/youths_featured.jpg" vspace="10" width="338" /><br />
	</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	</span></strong></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:
59.0pt">T</span><span style="font-size:10.0pt;color:#221E1F">he roads of Kathmandu have increasingly begun to witness a new passion emerging among young health enthusiasts. These people set out for a minimum of three to six hours excursion every weekend. In their jerseys, shorts and helmets, riding their super chic mountain bikes they always manage to become head turners for the locals. Yes, cycling is the new, prominent and perhaps expensive leisure pursuit that young people are increasingly opting for today. One particular group – C’mon Cyclists –takes cycling very seriously despite all the fun they have. C’mon Cyclists is a growing group of 15 young men who make it a point to ride to a foothill every Saturday. If only time allowed perhaps they would ride more often. But six hours a week is generally all they can afford because these cyclists are mostly young executives.</span></div>
<div>
	<br />
	<img alt="youths" border="1" height="155" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/youths.jpg" vspace="10" width="400" /><br />
	 </div>
<div style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:10.0pt;color:#221E1F">Before cycling turned into a regular activity for C’mon Cyclists back in 2009, it began as a natural excuse for a get-together between four-five friends. Given the busy, hectic life they lived, it used to be a recreation for them. As the group started growing and their muscles stopped cramping, they realized it was not just about meeting friends. They started acknowledging cycling as an intense workout and a daring passion. Almost </span><span 000="" 600="" a="" about="" adventure="" also="" and="" be="" best="" between="" build="" burn="" busy="" but="" calorie="" calories="" can="" capacity="" cardiovascular="" considered="" cycling="" depending="" div="" down="" every="" exercise="" exercise.="" fit="" fit.="" friday.="" from="" have="" having="" he="" helps="" hour="" i="" improves="" in="" is="" it="" keep="" limited="" lung="" mandir="" muscles="" not="" of="" on="" over="" part="" per="" re="" realized="" rides="" s="" says="" shrestha="" span="" speed="" stay="" strengthens="" style="font-size:10.0pt;Myriad Pro" sunday="" that="" the="" them="" they="" three="" through="" to="" topography="" usually="" who="" wholesale="" without="" years="" you="" your="">Cycling is a sport that contributes to an overall sense of happiness and well being, factors that are very important for the young leaders. While offering a sense of challenge and adventure, cycling can also teach you a lot of skills that could be used in the business profession. Cycling has team work at its core; cyclists know that to succeed they have to ride as a team and in one pace. At certain intervals, each rider becomes responsible for pulling the group, and others follow close behind. Like any business, cycling demands shared responsibility and collaboration that contributes to a faster, stronger and more motivated team. Hence, cycling skills can always be applied to business and management and thus, these cyclists have been implementing them .Cycling is also about getting out of your comfort zone and building self reliance. In addition to being fun and bringing cyclists closer to the nature, it offers a surplus of physical, emotional and social benefit to those who partake. No wonder, cycling is growing only more popular.</span></div>
<div>
	 </div>
<div style="text-align:justify">
	<span a="" about="" admit="" adventure="" all="" along="" also="" although="" an="" and="" any="" are="" around="" asked="" at="" be="" because="" bhanjyang="" careful="" chandan="" city.="" come="" comes="" concern="" country="" cycle="" cycling="" cyclists="" definitely="" destinations="" destinations.="" div="" dogs="" favorite="" five-10="" foothills="" foothills.="" for="" fun="" have="" he="" his="" in="" including="" inexpensive="" instantly="" is="" kathmandu="" kilometers="" lack="" lakure="" lanes="" like="" limited="" little="" magnificent="" most="" nagarjuna="" name="" nepal.="" not="" of="" off="" on="" other="" outside="" perform="" places="" popular="" price.="" range="" regarding="" riders="" risk="" risks="" road="" says="" shivapuri="" some="" span="" spectacular="" stunts.="" style="font-size:10.0pt;Myriad Pro" t="" talking="" tamrakar.="" that="" the="" their="" these="" they="" this="" to="" vehicles="" very="" voices="" we="" when="" with="">When you look at the riders in their jerseys and shorts, helmets and shoes you might wonder if they are merely making a style statement. Partly yes, cycling is in fact stylishly sporty but mostly; all the apparels and equipments are used for a reason. So much so that as cycling becomes increasingly popular, it could as well be a major economic influence in a country like Nepal. When it comes to cycling, there are a number of equipments that are totally worth investing on. The complete gear with apparels and tools ranges from Rs 30,000 to Rs 50,000 in cost. The cycle itself usually costs in the range of Rs 100,000–200,000 on an average. </span></div>
<div>
	 </div>
<div>
	 </div>
<div style="text-align:justify">
	<span a="" and="" apparels="" are="" besides="" bike="" course.="" cycling="" div="" for="" here="" is="" list="" mountain="" of="" required="" span="" style="font-size:10.0pt;Myriad Pro" that="" the="" tools="">The complete cyclist “must haves”: </span></div>
<div>
	<strong><br />
	</strong></div>
<div>
	 </div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 1.="" are="" away="" body.="" but="" comfortable="" div="" draw="" from="" help="" important="" is="" it="" jersey:="" jerseys="" might="" more="" most="" mostly="" note="" people="" prefer="" span="" style="font-size:10.0pt;Myriad Pro" sweat="" t-shirts="" that="" the="" these.="" to="" wearing="" will="" you="" your="">2. Shorts/ Tights: These help absorb sweat and allow you a comfortable ride. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 3.="" cold="" conditions.="" div="" important="" in="" is="" jacket="" jacket:="" re="" riding="" span="" style="font-size:10.0pt;Myriad Pro" when="">4. Base Layer: Base layer is useful when you’re riding in the cool weather. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 5.="" all="" are="" barrier="" cold.="" div="" from="" in="" mostly="" protect="" span="" style="font-size:10.0pt;Myriad Pro" these="" useful="" vest:="" you="">6. Socks: It is important to wear socks as they prevent your feet from getting blisters and cold. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 7.="" and="" by="" caused="" cycling.="" div="" gloves:="" hands="" protect="" reduce="" soreness="" span="" style="font-size:10.0pt;Myriad Pro" they="" your="">8. Helmet: Although cycling is fun, it cannot be taken for granted as mountain biking can prove to be dangerous. Needless to say, helmet is an essential. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 9.="" any="" biking="" div="" do.="" good="" grip.="" just="" mountain="" need="" shoes="" shoes:="" span="" sports="" style="font-size:10.0pt;Myriad Pro" t="" with="" you="">10. Glasses: These protect your eyes from dust, sun and everything else that might obstruct your ride. Many come with interchangeable lenses for different occasions. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 11.="" a="" allows="" as="" camelbak="" camelbak:="" div="" drink="" drinking="" hydrated="" important="" make="" might="" more="" pausing="" re="" ride.="" riding.="" s="" span="" stay="" style="font-size:10.0pt;Myriad Pro" that="" the="" to="" use="" well="" while="" without="" you="">12. Headlights: Lights spare you the mysteries and accidents of the dark. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 13.="" and="" are="" as="" could="" div="" if="" it.="" judge="" obsessed="" span="" speed="" speedometer:="" style="font-size:10.0pt;Myriad Pro" to="" use="" want="" well="" with="" you="" your="">14. Tool Kit: Punctures are inevitable and hence you should always be prepared. Always carry a pump and puncture repair kit. You can also buy a multi tool. </span></div>
<div>
	 </div>
<div>
	 </div>
<div>
	<strong><span style="font-size:10.0pt;line-height:115%;Myriad Pro" ;color:#221e1f"="">(Note: Commencal, Trek and Giant are some recommended brands for cycling apparels and equipments)</strong></div>',
			'published' => true,
			'created' => '2012-12-13',
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			'description' => 'Cycling is the new, prominent and perhaps expensive leisure pursuit that young people are increasingly opting for today.',
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			'title' => 'Brand Talk November 2012',
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	<span style="font-size:14px;"><span style="line-height: 115%;"><img alt="brand talk" border="1" height="181" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/Brandtalk_nov2012.jpg" vspace="10" width="338" /><br />
	<br />
	<strong>Brand Talk</strong></span></span></div>
<div>
	<strong><span style="font-size:14px;">By Sajag Karki</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	<img alt="Brand Talk" border="1" height="215" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/KFC(1).jpg" vspace="10" width="400" /><br />
	<br />
	<br />
	</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><span style="line-height: 115%;">The KFC Legacy</span></span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><span style="line-height: 115%;">The cult status earned by KFC can be credited to its very appealing logo.</span></span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	</span></strong></div>
<div style="text-align:justify">
	<span style="font-size:14px;">Kentucky Fried Chicken (KFC) is the world’s largest chain of fried chicken fast food restaurants. Headquartered in Kentucky, USA, this popular brand has its presence in over 17,000 locations worldwide including Nepal. The founder of the restaurant is Colonel Harland Sanders whose image has been used extensively in the branding including its logo. KFC enjoys salience of providing desired food at a reasonable price. It boasts an extensive menu which includes signature dishes like grilled chicken, potato wedges, rolls, French fries, soft drinks, salad and dessert among others apart from its very famous fried chicken. Kids and teens especially flock around its outlets enjoying big buckets of fried chicken along with spicy wings and drinks while creating good memories with friends and family. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">The cult status earned by KFC can be credited to its very appealing logo. The red and white combination logo prominently features Colonel Sanders in white goatee, and string tie, smiling behind his classic thick-rimmed glasses. The logo is quite welcoming for the customers and creates a favorable impression. Currently, KFC is using the tagline “So Good”, the zest of which is to encapsulate the addicting taste of it. The advertisement campaigns are also in line with the tagline. Its other popular taglines used are “Finger licking good” and “Follow your taste” which summarizes the personality of the brand. There are various factors associated with KFC which has made it an iconic brand: </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">The Secret Recipe: KFC’s founder Colonel Sanders’ “Original Recipe” of 11 herbs is said to have remained a valuable trade secret. The secret recipe is also one of its unique selling proposition (USP) by which it has been able to keep competition at bay. It is because of this recipe that KFC has been able to maintain the taste of its delicacies consistent throughout its outlets all over the world. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">Consistent Branding: KFC, as a brand, represents fun, simple and delicious fried chicken that can be enjoyed by anyone from youngsters to senior citizens. It has maintained a remarkably consistent brand identity over the past 50 years channeling all its efforts into Colonel Sanders’ image. It also provides the utility value of fast food convenience for the fast paced lifestyle that people have in a lot of countries. Its red color symbolizes fun, excitement, passion and desire for delicious food. Despite its several health and animal cruelty controversies, KFC has managed to battle against all odds and remains strong in the hearts of its customers. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">KFC Grilled Chicken: After complaints against KFC having an adverse effect on people’s health were made, a newer version-KFC Grilled Chicken was launched. This range of KFC is grilled and healthier than its fried counterpart. This shows the company’s commitment towards the health of its customers and a quick response strategy to tap the healthy market segment. The new range of KFC Grilled Chicken should be working wonders as it retains the brand value of great tasty chicken along with the added health benefit. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">The craze for KFC could be seen with a large number of people flocking towards its outlet in Durbarmarg when it first opened its doors in Kathmandu. This was an example of the overwhelming response from its patrons all over, as KFC is a synonym for quality. With great promotion and publicity, the KFC brand has become even more trustworthy and reliable. Hence, its legacy is unprecedented and is sure to grow in the foreseeable future. </span></div>
<div>
	<span style="font-size:14px;"><strong><br />
	</strong></span></div>
<div>
	<span style="font-size:14px;"><strong><span style="line-height: 115%;">Karki can be reached at sajag_karki@hotmail. com. The article is based on research and author’s practical experience as a marketing and advertising professional.</span></strong></span></div>',
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	<strong><span style="font-size:16px;"><span style="line-height: 115%;">Liquor Licensing</span></span></strong><strong><span style="font-size:16px;"> </span></strong></p>
<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span style="line-height: 115%; font-family: &quot;Myriad Pro&quot;,&quot;sans-serif&quot;;">The government has decided to allow establishment of new distilleries and breweries.<br />
	<br />
	<br />
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	<span style="font-size:14px;"><span class="A15">T</span><span style="color: rgb(34, 30, 31);">he decade-long ban on issuing licenses to new distilleries and breweries is finally lifted by the government. It has now decided to allow establishment of new distilleries and breweries if they comply with a new 10-point standard set by the government. Ram Sharan Chimoria, Spokesperson at the Department of Industry (DoI), said that the Ministry of Industry (MoI) took the decision on October 7. Around 150 applications for registering new liquor industries are already received. </span></span></p>
<p class="Pa10" style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">“The government had stopped issuing licenses to new liquor manufacturers for more than a decade,” Chimoria said, “Licenses will now be issued but only to those who comply with the new standards.” He added that the move will help regularise the liquor industry. The government had stopped the registration of new liquor industries in 2001, citing environmental and health reasons. The Maoist campaign against liquor drinking habits during the decade-long armed movement was the major but undeclared reason for the ban. </span></span></p>
<p class="Pa10" style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Although the ban was imposed, the liquor market and the trend of drinking had not slowed down until the traffic police began a campaign against drunk driving. According to experts, the increasing trend of alcohol import had a hand in the resumption of issuing licenses for producing liquor within the country. </span></span></p>
<p class="Pa10" style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Rabi KC, President of Nepal Liquor Manufacturers’ Association (NLMA), said, “The government’s move is positive.” However, he suggested that the benchmark should have been set even higher. “The new requirement of Rs 500,000 as deposit is low. Even a small liquor industry has a huge annual turnover, so the deposit amount should have been higher,” he adds. He further said that it would be appropriate to ask for a bank guarantee of Rs 5 million to Rs 10 million while issuing excise duty license by the Inland Revenue Department. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">KC depicts a very bad picture existing in the industry and says that out of the 52 registered factories, only 42 are in operation. Most of the liquor producers have not used even 25 per cent of their installed capacity, he adds. “They are struggling for their existence. In such a situation, what would be the future of the existing ones if 40 to 50 new industries are added?” he asks. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">With home-made liquor enjoying a strong presence, the market to be shared by all the companies is small. “So, there is a possibility of the entire industry going through a slump when new industries come in,” he predicted. However, he conceded that issuing new licenses to liquor producers cannot be denied in an open economy. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">As per the new standards, industrialists have to deposit Rs 500,000 along with an application at the DoI to get the license. The investors’ deposits will be refunded if they either fail to get the license or present evidence of starting production. There is also a provision of seizing the deposit if an industry fails to comply with the new standards. On the other hand, the existing industries need to deposit Rs 300,000 to increase their production capacity. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">According to the new standards, if the license is issued in the name of an individual, s/he should register the company within 30 days of getting the license. Such individuals must hold at least 20 per cent shares of the liquor company to be registered. Similarly, investors are not allowed to sell these shares before the deposit is refunded. If any investor is found selling the shares before getting the deposit refund, the government can either seize the deposit or mete out other punishments as per the Industrial Enterprises Act (IEA) 1992. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">For breweries and distilleries, including the bottling plants, there is the provision of concluding the construction and starting production within three years of getting the license. The time limit for starting a blending and bottling plant is two years. However, the DoI can extend the period by six months after evaluating the progress made by a company. Such six-month extension can be made twice. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">If an industry is unable to start its operation within the given period, there is a provision to dissolve the industry according to Section 25 of the IEA 1992. It is also necessary to establish an appropriate lab for quality control as stated by the new standards. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Distilleries using local grains as raw material can use a maximum of 10 per cent local grains for their production. If they need more, they have to import. Likewise, foreign direct investment (FDI) will not be allowed in industries producing liquor of lower quality than 30 degree UP, according to the new provision. This means FDI is not allowed in 40 degree UP or 60 degree UP. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Similarly, such industries must be at least 500 metres away from cultural heritages of national importance, hospitals, schools and national parks. The breweries and distilleries must have a minimum area of three hectares. The area should be at least one hectare for bottling-only plants. </span></span></p>
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	<span style="font-size:14px;">&nbsp;<span style="line-height: 115%; color: rgb(34, 30, 31);">KC said, “In Nepal, 80 per cent market share is held by Nepali products.” However, 50 per cent liquor consumed in Nepal is supplied from household production.</span></span></p>
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	AceTravels.com announced the inauguration of its 11 branches across the nation. This is the first time in the history of a travel agency in Nepal to own nearly a dozen branches. Kush Kumar Joshi, Immediate Past President of FNCCI, inaugurated the branches in Biratnagar, Dharan, Birtamod and Banepa outside Kathmandu and New Baneshwor, Pulchowk, Thamel, Kalimati, Swoyambhu, Tinkune and Maharajgunj within the capital.</p>
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	LG came up with a consumer promotion scheme called LG 3D Dashain on the occasion of Dashain. Under the scheme, customers purchasing LG 3D/Smart/LED/ LCD/CRT TVs, refrigerator, washing machine, microwave oven, home theater, DVD player and LG Mobile can win 32” Cinema 3D TV everyday through lucky draw. Also, there will be sure-shot prizes of pen drives, DVD players, mobiles and others on the purchase of LG appliances.</span></p>
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	Rukmani Chemical Industries Pvt Ltd introduced two new paints Elegance Premium Luxury Emulsion and Ultimate High Performance Exterior Emulsion in the market. According to the company, Elegance Emulsion gives smooth finish, and resists bacteria and stains. Similarly, Ultimate Emulsion is anti-fungus and doest fade away, claims the company. The new products will be available in all the major cities throughout the country.</span></p>',
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	Pashupati Trade Link, an Enterprise of Murarka Organization, launched Karbonn A5. This Android Phone V2.3.6 Gingerbread Smartphone has 3.5” HVGA Screen, Dual Sim, 3G Support, 2.0 MP Camera, HSDPA 7.2 mbps, 800 MHz Processor, G-Sensor Support, Bluetooth, EDGE Support, E-mail, Expandable Memory Up to 32 GB and Battery Up to 1420 mAh. <br />
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	The company also launched other new models of Karbonn Mobile Phones including Karbonn 101*, Karbonn 21+, Karbonn 11+, Karbonn 451+, Karbonn 110* and Karbonn A7+. These mobile phones hold one year warranty on handsets and six months guarantee on battery and charger. The company said it will further launch many more models of Karbonn Mobile Phones in the future keeping in mind the consumers needs.</span></p>
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&quot;Myriad Pro&quot;;color:#211D1E"><img alt="dashain tihar" border="1" height="149" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/kelvinator.jpg" vspace="10" width="161" /><br />
	<br />
	The sole authorized distributor of Kelvinator for Nepal EOL Pvt Ltd came up with a consumer scheme named Refeshing Dashain and Tihar on the occasion of Dashain and Tihar. Under this scheme, the company will be offering 1 case Rio free on every purchase of Kelvinator refrigerator.<br />
	<br />
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&quot;Myriad Pro&quot;;color:#211D1E"><img alt="cg" border="1" height="115" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/cgeol.jpg" vspace="10" width="180" /><br />
	<br />
	CG EOL Pvt Ltd brought about the consumer scheme “Godrej Freshtival Offer” for this year’s festival celebrations. The scheme aims to freshen up this year’s Dashain and Tihar by offering a carton of Rio juice on the purchase of a Godrej Refrigerator. The refrigerators from Godrej are equipped with “Stay Cool Technology” that guarantees freshness for all 24 hours of the day, even during loadshedding. Similarly, they are also equipped to play music. Its features and innovation make Godrej refrigerators one the most technologically advanced in the market.</span></p>',
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			'title' => 'Automobiles November 2012',
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	<strong><span>Automobile<br />
	<br />
	<br />
	<img alt="CG Auto" border="1" height="101" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/cg-auto.jpg" vspace="10" width="236" /><br />
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<div>
	CG Automobiles, the authorized distributor of TVS two wheelers in Nepal launched its Dashain Tihar offer. Under this offer, the buyers of any TVS motorcycle or scooter can avail a cash discount up to Rs 10,000. This scheme is available on finance as well as exchange.<br />
	<br />
	 </div>
<div>
	<br />
	<img alt="sakoda" border="1" height="150" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/sakoda.jpg" vspace="10" width="237" /></div>
<div>
	<b>Š</b>KODA M.A.W. launched its scheme for the festive season under which consumers will be able to purchase a SKODA Fabia, the premium hatchback in the SKODA line of models, with a down payment of only Rs 350,000. This will enable consumers to purchase a brand such as SKODA for a much lower amount than is normally required when financing a new car. As for other brands and variants, SKODA M.A.W. stated that attractive offers are available on those as well, especially for the festive season.<br />
	<br />
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<div>
	Syakar Company announced a new scheme for its premium bikes customers on the occasion of Dashain and Tihar. CBR 250R/600RR/1000RR, CB600F Hornet, CB1000R, Tornado XR250R, and XR150R Bros figure among the Honda big bike segment. The offer included Rs 20,000 cash discount on XR150R Bros, Rs 10,000 cash discount on CBR250R/Tri Color and Rs 40,000 cash discount on the Hornet CB600F. These bikes are available from Wing World Showroom, Teku and Bajra auto Trading, Boudha.<br />
	<br />
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<div>
	On the auspicious occasion of Dashai and Tihar, the company also announced its Dashain-Tihar scheme on Honda Two wheelers. The offer was launched targeted to benefit its customers. According to the company, the scheme featured scratch cards which entitles the customers to win Rs 4,000-100,000. The scheme also had 16+4 free servicing for the time span of five years each worth Rs 5,600 and 10 per cent discount on spare parts for five years.<br />
	<br />
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<div>
	<img alt="heromotocorp" border="1" height="144" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/heromotocorp.jpg" vspace="10" width="221" /></div>
<div>
	Hero MotoCorp Ltd (HMCL), the world’s largest two-wheeler manufacturer, launched brand ‘Hero’ and its range of two-wheelers in Nepal, marking the new brand’s foray into the country. It also announced a partnership with the reputed NGM to bring its two-wheelers to Nepal. Under the alliance, NGM was appointed as the distributor of Hero MotoCorp range of two-wheelers in Nepal. These products are being distributed through a network of more than 70 outlets spread across the country, with another 30 new outlets to be added in the next one year.<br />
	<br />
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<div>
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<div>
	Pawan Munjal, Managing Director &amp; Chief Executive Officer of Hero MotoCorp Ltd, launched the new brand ‘Hero’ in the presence of Dr Roop Jyoti of NGM. Nepali cricketer and youth icon Binod Das introduced the 150cc high performance motorcycle – “Hero Xtreme”, while Miss Nepal 2012 Shristi Shrestha unveiled the scooter – “Pleasure”.<br />
	<br />
	<img alt="volkswagon" border="1" height="182" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/voklswagon.jpg" vspace="10" width="238" /></div>
<div>
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<div>
	Pooja International Nepal Pvt Ltd, the authorized distributor of Volkswagen vehicles for Nepal, opened a showroom and servicing centre in Munal Path, Biratnagar. The showroom will have new Volkswagen models while the service centre will provide all assistance needed by the customers, informed the company. Volkswagen, headquartered at Wolfsburg, Germany is the biggest car manufacturer of Europe and holds 20 per cent of the European market share.<br />
	<br />
	 </div>
<div>
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			'title' => 'Personality November 2012',
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	<span style="font-size:14px;"><span class="A12"><span style="line-height: 115%; font-family: ">Personality</span></span></span></p>
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	<span style="font-size:14px;"><span class="A2"><span style="font-family: ">By Abha Dhital</span></span></span></p>
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	<strong><span style="font-size:14px;"><span class="A2"><span style="font-family: ">&nbsp;<br />
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	<strong><span style="font-size:14px;"><span class="A60">Businessman <span style="line-height: 115%; font-family: ">By Chance</span></span></span></strong></p>
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	<span style="font-size:14px;"><span myriad="" style="line-height: 115%; font-family: ">Khem Raj Panta’s life took an unexpected turn after he came to Kathmandu in 1990. From his first business exposure with UPS and entering SkyNet in 1992 to starting his own business in 1997, he has come a long way. Today, there is apparently nothing that he is more passionate about and more committed to than business.</span></span></p>
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	<span style="font-size:14px;"><span class="A15">L</span><span style="color: rgb(33, 29, 30);">ooking at him stand tall with responsibilities of a host of companies on his shoulders, it is hard to imagine that he had no plans of becoming a businessman when he was growing up. Executive Chairman of Nepal Skin Hospital Pvt Ltd and Country Manager at SkyNet Worldwide Express, Khem Raj Panta has also held important designations in companies including Qantas Freight, DTDC Worldwide Express and Nepal FM 91.8. “It was accidental”, he bluntly answers to how he turned a businessman. Born in the hills of Gorkha and raised in the plains of Biratnagar, as a young boy, he aspired to hold a government position. The Pantas were not businessmen; business had never run in the family. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">Going down the memory lane, he recalls that his father always wanted him to take up science, particularly either medicine or engineering. However, his life took an unexpected turn after he came to Kathmandu in 1990. He got his first business exposure when he worked with UPS, a global company, for six months. He entered SkyNet in 1992 having cleared an interview and in five years’ time, he became the first person of the company. And then, his long journey of leadership in the field of business began in 1997. Today, there is apparently nothing that he is more passionate about and more committed to than business. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">It seems distressing, having to handle so many responsibilities at once. Panta admits that although it is a tough job, he goes about accomplishing his work with the help of his team and the system behind him. He believes that team building, system building and channeling are crucial aspects of business and management. Although there are no hard and fast rules to his management philosophy, he does live by three words like a mantra “honesty, hard work and commitment”. While he is thankful towards J N Shetty, MD at SkyNet Mumbai, for guiding him, Panta had no godfather to look up to when he entered business. Whatever he has earned and achieved till now, it is due to his hard work and ability. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">For this businessman, his friends and family have always been a strength factor. When asked about important people in his professional and personal life he instantly remembers two other people besides his wife and son: brother-in-law Kiran Acharya and partner Bijay Rijal. Panta’s wife above all is like a backbone to him. Ever understanding and ever loving, she helps him keep calm and be patient in affliction. For 20 longs years, she has always stood by him. “She is a wonderful woman, a wife, a friend and most importantly an advisor to me,” he says. Besides wife Nirmala’s significance in his life, he has another advisor in the family, his 18-year-old son Aashish. Panta believes in the importance of quality education and has always sent his son to the best of schools. Currently, Aashish is pursuing his BBA at GD Goenka World School. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">Despite the hectic schedule and a number of responsibilities attached to his designations, Panta leads a modern healthy life. He is an Osho follower; and hence he meditates for 30 minutes every day. He also runs and sometimes swims at the club. He is fit and healthy and hence plans to work hard in the coming decade while he still has the oomph of business in his soul. “I don’t want to die working like most Nepalis do”, he says. <br />
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	<span style="font-size:14px;"><span class="A62">Fitness: </span><span class="A63">Meditation and Health Club. An Osho follower, he meditates for 30 minutes every day. </span></span></p>
<p class="Pa17">
	<span style="font-size:14px;"><span class="A62">Fetish: </span><span class="A63">Gadgets and Watches. Changes gadgets every two-three months and gets his hands on the latest models. Has over 50 watches to choose from and wears a different watch each day. </span></span></p>
<p class="Pa17">
	<span style="font-size:14px;"><span class="A62">Brand Consciousness: </span><span class="A63">Absolutely brand conscious. Always wears and carries brands. </span></span></p>
<p class="Pa17">
	<span style="font-size:14px;"><span class="A62">Suburbs or the City: </span><span class="A63">Suburbs for home because it needs quieter surrounding. City for business because it needs the crowd. <br />
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			'description' => 'The decade-long ban on issuing licenses to new distilleries and breweries is finally lifted by the government. It has now decided to allow establishment of new distilleries and breweries if they comply with a new 10-point standard set by the government. Ram Sharan Chimoria, Spokesperson at the Department of Industry (DoI), said that the Ministry of Industry (MoI) took the decision on October 7. Around 150 applications for registering new liquor industries are already received.',
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	<span class="A14"><span mso-bidi-font-family:="" myriad="" style="font-family:"><img alt="" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/hrkurakani(1).gif" /><br />
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	<span class="A29"><span myriad="" style="font-size:15.0pt;line-height:
115%;font-family:">Good management is not about signing contracts, assigning jobs and owning a company, rather it is about proper correspondence and coordination and requires involvement of all organization units to work together. <br />
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	<span class="A4"><span style="font-size:
59.0pt">&nbsp;C</span></span><span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">oordination refers to an essential principle of management that is necessary to accomplish overall organizational goal. An organization grows when leaders face challenges to synchronize all the activities and functions inside it. Coordination simply put is nothing more than members in an organization working together and moving in the same direction to achieve a common goal. In the words of Theo Haiman, however, “Coordination is the orderly synchronization of efforts of the subordinates to provide the proper amount, timing and quality of execution so that their unified efforts lead to the stated objective, namely the common purpose of the enterprise”. Thus, to proficiently arrive at an intended destination of the business, effective and efficient coordination becomes compulsory. Right people, with right skills in the right seats are not all that an organization needs to succeed. Good management is not about signing contracts, assigning jobs and owning a company, rather it is about proper correspondence and coordination and requires involvement of all organization units to work together.</span></p>
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	&nbsp;<img alt="" border="1" height="161" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/coordination.gif" vspace="10" width="114" /></p>
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	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">According to Dick Carlson, effective coordination is acquired through four important stages and they are:-<br />
	<br />
	a. Communication – Understanding<br />
	b. Timing – Appropriateness<br />
	c. Flexibility – Sensitivity<br />
	d. Control – Discipline &amp; Motivation <br />
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	</span></p>
<p class="Pa8" style="text-align:justify;text-indent:14.0pt">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">Coordination is different yet inseparable from cooperation. While coordination is bringing together the efforts of diverse mechanism within an organization to provide them unity of purpose; cooperation refers to the shared but intended efforts of people to carry out a meticulous objective. Cooperation works to ease coordination within a team or organization as a whole.. It is unanimously said that “Cooperation without coordination has no fruit and coordination without cooperation has no root”. Thus, cooperation and coordination must go hand in hand with a clear understanding that one is the stepping stone for the other. An effective manager needs both. The management seeks to achieve coordination through its imitative moves e.g. planning, organizing, staffing, commanding and controlling. Conciliation with external situations, scheming internal circumstances and motivation of people resources are integral, coordinating functions of management. The performance of the management depends much on coordination than any other element. <br />
	<br />
	<br />
	<img alt="" border="1" height="151" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/management.gif" vspace="10" width="227" /><br />
	</span></p>
<p class="MsoNormal">
	<span myriad="" style="font-size:10.0pt;
mso-bidi-font-family:">In any enterprise, coordination leads to facilitate:</span><br />
	 </p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;
mso-fareast-font-family:"><span style="mso-list:Ignore">a.<span new="" style="font:7.0pt " times="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><span myriad="" style="font-size:10.0pt;mso-bidi-font-family:
">Team Spirit: By encouraging people to work in a team and achieve the common goal.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">b. Better Accomplishment: With proper direction and management of time and energy.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">c. Cost Effectiveness and Efficiency: By automatically generating concern about control of wastage (Process &amp; resources). This minimizes delays and break downs and leads to optimum utilization of resources.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">d. Motivation: By encouraging employees to take initiatives which eventually enhances job satisfaction.. It inevitably results in better performance of the company as a whole.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">e. Improved Human Relations: by minimizing the conflicts, rivalries and other organizational issues. With clarity that comes along, working is always smooth and productive.</span></p>
<p class="MsoNormal">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">f. Goals Integration: by bringing uniformity in understanding of organizational goals and common effort required to achieve it. Coordination is a process that applies only to group activities. It does not apply to individual activities. Coordination also requires deliberate efforts like:</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">a. Well Defined Objectives: Clarity &amp; common understanding of the objective makes it attainable and hence, coordination succeeds only if the organization has defined its objectives well.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">b. Effective Chain of Command: Chain of command is the interlink or chain link of authority and reporting relations. This link connects all the members from top to bottom by duly defining reporting relations as superior/supervisor and subordinate. This results in effective control and communication.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">c. Continuous &amp; Accurate Programs and Policies: It focuses on long term planning for human capital strategic perspective around integrated product &amp; services. Thus, coordination time bound rather is a continuous process. It must continue at each level from inception i.e. planning, organizing, directing and controlling until the business sustains.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">d. Effective Communication: Coordination can succeed only with effective communication. All barriers and gaps at each level must be eliminated in the communication process. Proper communication helps to avoid misunderstandings and helps to build consensus to achieve goals.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">e. Effective Leadership: Leadership is a means to realize the outcome of coordination and efficient allocation of resources. The importance of coordination is stressed to improve the value of collaborative activities. Effective leadership strategies derive their power from effective strategies and transformational power of a compelling vision rather than from hierarchy, rank or standard operating procedures.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">f. Cooperation: Cooperation is the hall mark for a corporate culture. Accomplishment of an ultimate goal requires mutual cooperation. To secure coordination around a business destination, maintenance of cooperation amongst functions, teams and individual employees is essential. Since cooperation is one of most important element in assisting coordination, upkeep of sustained cooperation is important.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">g. Mission Driven Work Teams: Also termed as “self managing” teams, it represents teams with interdependence and joint responsibility for outputs among the members. It has been considered as a revolutionary approach to organize and perform assignments. It integrates the need of people with work to be done and that is encouraged through coordination.</span></p>
<p class="Default">
	 </p>
<p class="MsoNormal">
	<span myriad="" style="font-size:10.0pt;
mso-bidi-font-family:">It is suggested by management scientists that the implementation processes range from the simplest to the most complex. Here are a range of these processes:</span><br />
	<br />
	 </p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;
mso-fareast-font-family:"><span style="mso-list:Ignore">i)<span new="" style="font:7.0pt " times="">&nbsp; </span></span></span><span myriad="" style="font-size:10.0pt;mso-bidi-font-family:
">Standards: A set of expectations and measures across organizations, i.e. performance standards or management.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">ii) Information: Learning and knowledge sharing through database, case studies or site visits.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">iii)Expertise: Sharing expertise and competence through people (expert) movement from one to the other location/unit in view of the best use of the talent available.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">iv)Authority: Problem solving or trouble shooting among cross functional teams through sharing authority.</span></p>
<p>
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">v) Cost Economy: Leader shares knowledge around achieving goal that controls cost through integration of business processes. </span></p>
<p class="Default">
	 </p>
<p>
	<span myriad="" style="font-size:10.0pt;
mso-bidi-font-family:">Coordination is a valuable yet intangible tool. Businesses seeking success must ensure application of coordination that includes ability to set standards, share information, transfer expertise, allocate authority, improve business processes and deliver innovation and design. All the functions of management are affected by coordination. It encourages team spirit, gives proper direction to the organization and motivates employees as well as makes proper use of the resources. Hence, it is an essential element for the survival, growth and profitability of any organization. </span></p>
<p class="MsoNormal">
	 </p>
<p class="MsoNormal">
	 </p>
<p class="MsoNormal">
	<strong>&nbsp;</strong></p>
<p class="MsoNormal">
	<strong><span style="font-size:8.0pt;line-height:115%;color:#211D1E">Dr Karna is the Executive Chairperson of MARK Business Solutions Pvt Ltd. The article is based on various research reports and his practical experiences as management practitioner.</span></strong></p>
<p class="MsoNormal">
	 </p>',
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			'description' => 'Good management is not about signing contracts, assigning jobs and owning a company, rather it is about proper correspondence and coordination and requires involvement of all organization units to work together.',
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			'title' => 'Cycling Thrills',
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			'content' => '<div>
	<strong><span style="font-size:14px;">By Abha Dhital</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	<img alt="youths " border="1" height="181" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/youths_featured.jpg" vspace="10" width="338" /><br />
	</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	</span></strong></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:
59.0pt">T</span><span style="font-size:10.0pt;color:#221E1F">he roads of Kathmandu have increasingly begun to witness a new passion emerging among young health enthusiasts. These people set out for a minimum of three to six hours excursion every weekend. In their jerseys, shorts and helmets, riding their super chic mountain bikes they always manage to become head turners for the locals. Yes, cycling is the new, prominent and perhaps expensive leisure pursuit that young people are increasingly opting for today. One particular group – C’mon Cyclists –takes cycling very seriously despite all the fun they have. C’mon Cyclists is a growing group of 15 young men who make it a point to ride to a foothill every Saturday. If only time allowed perhaps they would ride more often. But six hours a week is generally all they can afford because these cyclists are mostly young executives.</span></div>
<div>
	<br />
	<img alt="youths" border="1" height="155" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/youths.jpg" vspace="10" width="400" /><br />
	 </div>
<div style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:10.0pt;color:#221E1F">Before cycling turned into a regular activity for C’mon Cyclists back in 2009, it began as a natural excuse for a get-together between four-five friends. Given the busy, hectic life they lived, it used to be a recreation for them. As the group started growing and their muscles stopped cramping, they realized it was not just about meeting friends. They started acknowledging cycling as an intense workout and a daring passion. Almost </span><span 000="" 600="" a="" about="" adventure="" also="" and="" be="" best="" between="" build="" burn="" busy="" but="" calorie="" calories="" can="" capacity="" cardiovascular="" considered="" cycling="" depending="" div="" down="" every="" exercise="" exercise.="" fit="" fit.="" friday.="" from="" have="" having="" he="" helps="" hour="" i="" improves="" in="" is="" it="" keep="" limited="" lung="" mandir="" muscles="" not="" of="" on="" over="" part="" per="" re="" realized="" rides="" s="" says="" shrestha="" span="" speed="" stay="" strengthens="" style="font-size:10.0pt;Myriad Pro" sunday="" that="" the="" them="" they="" three="" through="" to="" topography="" usually="" who="" wholesale="" without="" years="" you="" your="">Cycling is a sport that contributes to an overall sense of happiness and well being, factors that are very important for the young leaders. While offering a sense of challenge and adventure, cycling can also teach you a lot of skills that could be used in the business profession. Cycling has team work at its core; cyclists know that to succeed they have to ride as a team and in one pace. At certain intervals, each rider becomes responsible for pulling the group, and others follow close behind. Like any business, cycling demands shared responsibility and collaboration that contributes to a faster, stronger and more motivated team. Hence, cycling skills can always be applied to business and management and thus, these cyclists have been implementing them .Cycling is also about getting out of your comfort zone and building self reliance. In addition to being fun and bringing cyclists closer to the nature, it offers a surplus of physical, emotional and social benefit to those who partake. No wonder, cycling is growing only more popular.</span></div>
<div>
	 </div>
<div style="text-align:justify">
	<span a="" about="" admit="" adventure="" all="" along="" also="" although="" an="" and="" any="" are="" around="" asked="" at="" be="" because="" bhanjyang="" careful="" chandan="" city.="" come="" comes="" concern="" country="" cycle="" cycling="" cyclists="" definitely="" destinations="" destinations.="" div="" dogs="" favorite="" five-10="" foothills="" foothills.="" for="" fun="" have="" he="" his="" in="" including="" inexpensive="" instantly="" is="" kathmandu="" kilometers="" lack="" lakure="" lanes="" like="" limited="" little="" magnificent="" most="" nagarjuna="" name="" nepal.="" not="" of="" off="" on="" other="" outside="" perform="" places="" popular="" price.="" range="" regarding="" riders="" risk="" risks="" road="" says="" shivapuri="" some="" span="" spectacular="" stunts.="" style="font-size:10.0pt;Myriad Pro" t="" talking="" tamrakar.="" that="" the="" their="" these="" they="" this="" to="" vehicles="" very="" voices="" we="" when="" with="">When you look at the riders in their jerseys and shorts, helmets and shoes you might wonder if they are merely making a style statement. Partly yes, cycling is in fact stylishly sporty but mostly; all the apparels and equipments are used for a reason. So much so that as cycling becomes increasingly popular, it could as well be a major economic influence in a country like Nepal. When it comes to cycling, there are a number of equipments that are totally worth investing on. The complete gear with apparels and tools ranges from Rs 30,000 to Rs 50,000 in cost. The cycle itself usually costs in the range of Rs 100,000–200,000 on an average. </span></div>
<div>
	 </div>
<div>
	 </div>
<div style="text-align:justify">
	<span a="" and="" apparels="" are="" besides="" bike="" course.="" cycling="" div="" for="" here="" is="" list="" mountain="" of="" required="" span="" style="font-size:10.0pt;Myriad Pro" that="" the="" tools="">The complete cyclist “must haves”: </span></div>
<div>
	<strong><br />
	</strong></div>
<div>
	 </div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 1.="" are="" away="" body.="" but="" comfortable="" div="" draw="" from="" help="" important="" is="" it="" jersey:="" jerseys="" might="" more="" most="" mostly="" note="" people="" prefer="" span="" style="font-size:10.0pt;Myriad Pro" sweat="" t-shirts="" that="" the="" these.="" to="" wearing="" will="" you="" your="">2. Shorts/ Tights: These help absorb sweat and allow you a comfortable ride. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 3.="" cold="" conditions.="" div="" important="" in="" is="" jacket="" jacket:="" re="" riding="" span="" style="font-size:10.0pt;Myriad Pro" when="">4. Base Layer: Base layer is useful when you’re riding in the cool weather. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 5.="" all="" are="" barrier="" cold.="" div="" from="" in="" mostly="" protect="" span="" style="font-size:10.0pt;Myriad Pro" these="" useful="" vest:="" you="">6. Socks: It is important to wear socks as they prevent your feet from getting blisters and cold. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 7.="" and="" by="" caused="" cycling.="" div="" gloves:="" hands="" protect="" reduce="" soreness="" span="" style="font-size:10.0pt;Myriad Pro" they="" your="">8. Helmet: Although cycling is fun, it cannot be taken for granted as mountain biking can prove to be dangerous. Needless to say, helmet is an essential. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 9.="" any="" biking="" div="" do.="" good="" grip.="" just="" mountain="" need="" shoes="" shoes:="" span="" sports="" style="font-size:10.0pt;Myriad Pro" t="" with="" you="">10. Glasses: These protect your eyes from dust, sun and everything else that might obstruct your ride. Many come with interchangeable lenses for different occasions. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 11.="" a="" allows="" as="" camelbak="" camelbak:="" div="" drink="" drinking="" hydrated="" important="" make="" might="" more="" pausing="" re="" ride.="" riding.="" s="" span="" stay="" style="font-size:10.0pt;Myriad Pro" that="" the="" to="" use="" well="" while="" without="" you="">12. Headlights: Lights spare you the mysteries and accidents of the dark. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 13.="" and="" are="" as="" could="" div="" if="" it.="" judge="" obsessed="" span="" speed="" speedometer:="" style="font-size:10.0pt;Myriad Pro" to="" use="" want="" well="" with="" you="" your="">14. Tool Kit: Punctures are inevitable and hence you should always be prepared. Always carry a pump and puncture repair kit. You can also buy a multi tool. </span></div>
<div>
	 </div>
<div>
	 </div>
<div>
	<strong><span style="font-size:10.0pt;line-height:115%;Myriad Pro" ;color:#221e1f"="">(Note: Commencal, Trek and Giant are some recommended brands for cycling apparels and equipments)</strong></div>',
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			'title' => 'Brand Talk November 2012',
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			'content' => '<div>
	<span style="font-size:14px;"><span style="line-height: 115%;"><img alt="brand talk" border="1" height="181" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/Brandtalk_nov2012.jpg" vspace="10" width="338" /><br />
	<br />
	<strong>Brand Talk</strong></span></span></div>
<div>
	<strong><span style="font-size:14px;">By Sajag Karki</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	<img alt="Brand Talk" border="1" height="215" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/KFC(1).jpg" vspace="10" width="400" /><br />
	<br />
	<br />
	</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><span style="line-height: 115%;">The KFC Legacy</span></span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><span style="line-height: 115%;">The cult status earned by KFC can be credited to its very appealing logo.</span></span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	</span></strong></div>
<div style="text-align:justify">
	<span style="font-size:14px;">Kentucky Fried Chicken (KFC) is the world’s largest chain of fried chicken fast food restaurants. Headquartered in Kentucky, USA, this popular brand has its presence in over 17,000 locations worldwide including Nepal. The founder of the restaurant is Colonel Harland Sanders whose image has been used extensively in the branding including its logo. KFC enjoys salience of providing desired food at a reasonable price. It boasts an extensive menu which includes signature dishes like grilled chicken, potato wedges, rolls, French fries, soft drinks, salad and dessert among others apart from its very famous fried chicken. Kids and teens especially flock around its outlets enjoying big buckets of fried chicken along with spicy wings and drinks while creating good memories with friends and family. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">The cult status earned by KFC can be credited to its very appealing logo. The red and white combination logo prominently features Colonel Sanders in white goatee, and string tie, smiling behind his classic thick-rimmed glasses. The logo is quite welcoming for the customers and creates a favorable impression. Currently, KFC is using the tagline “So Good”, the zest of which is to encapsulate the addicting taste of it. The advertisement campaigns are also in line with the tagline. Its other popular taglines used are “Finger licking good” and “Follow your taste” which summarizes the personality of the brand. There are various factors associated with KFC which has made it an iconic brand: </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">The Secret Recipe: KFC’s founder Colonel Sanders’ “Original Recipe” of 11 herbs is said to have remained a valuable trade secret. The secret recipe is also one of its unique selling proposition (USP) by which it has been able to keep competition at bay. It is because of this recipe that KFC has been able to maintain the taste of its delicacies consistent throughout its outlets all over the world. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">Consistent Branding: KFC, as a brand, represents fun, simple and delicious fried chicken that can be enjoyed by anyone from youngsters to senior citizens. It has maintained a remarkably consistent brand identity over the past 50 years channeling all its efforts into Colonel Sanders’ image. It also provides the utility value of fast food convenience for the fast paced lifestyle that people have in a lot of countries. Its red color symbolizes fun, excitement, passion and desire for delicious food. Despite its several health and animal cruelty controversies, KFC has managed to battle against all odds and remains strong in the hearts of its customers. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">KFC Grilled Chicken: After complaints against KFC having an adverse effect on people’s health were made, a newer version-KFC Grilled Chicken was launched. This range of KFC is grilled and healthier than its fried counterpart. This shows the company’s commitment towards the health of its customers and a quick response strategy to tap the healthy market segment. The new range of KFC Grilled Chicken should be working wonders as it retains the brand value of great tasty chicken along with the added health benefit. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">The craze for KFC could be seen with a large number of people flocking towards its outlet in Durbarmarg when it first opened its doors in Kathmandu. This was an example of the overwhelming response from its patrons all over, as KFC is a synonym for quality. With great promotion and publicity, the KFC brand has become even more trustworthy and reliable. Hence, its legacy is unprecedented and is sure to grow in the foreseeable future. </span></div>
<div>
	<span style="font-size:14px;"><strong><br />
	</strong></span></div>
<div>
	<span style="font-size:14px;"><strong><span style="line-height: 115%;">Karki can be reached at sajag_karki@hotmail. com. The article is based on research and author’s practical experience as a marketing and advertising professional.</span></strong></span></div>',
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			'description' => 'Kentucky Fried Chicken (KFC) is the world’s largest chain of fried chicken fast food restaurants. Headquartered in Kentucky, USA, this popular brand has its presence in over 17,000 locations worldwide including Nepal.',
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			'title' => 'Sectoral November 2012',
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<p>
	<strong><span style="font-size:16px;"><span style="line-height: 115%;">Liquor Licensing</span></span></strong><strong><span style="font-size:16px;"> </span></strong></p>
<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span style="line-height: 115%; font-family: &quot;Myriad Pro&quot;,&quot;sans-serif&quot;;">The government has decided to allow establishment of new distilleries and breweries.<br />
	<br />
	<br />
	<img alt="liquor" border="1" height="143" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/liquor(1).jpg" vspace="10" width="400" /></span></span></strong></p>
<p class="Pa9" style="text-align:justify">
	<span style="font-size:14px;"><span class="A15">T</span><span style="color: rgb(34, 30, 31);">he decade-long ban on issuing licenses to new distilleries and breweries is finally lifted by the government. It has now decided to allow establishment of new distilleries and breweries if they comply with a new 10-point standard set by the government. Ram Sharan Chimoria, Spokesperson at the Department of Industry (DoI), said that the Ministry of Industry (MoI) took the decision on October 7. Around 150 applications for registering new liquor industries are already received. </span></span></p>
<p class="Pa10" style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">“The government had stopped issuing licenses to new liquor manufacturers for more than a decade,” Chimoria said, “Licenses will now be issued but only to those who comply with the new standards.” He added that the move will help regularise the liquor industry. The government had stopped the registration of new liquor industries in 2001, citing environmental and health reasons. The Maoist campaign against liquor drinking habits during the decade-long armed movement was the major but undeclared reason for the ban. </span></span></p>
<p class="Pa10" style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Although the ban was imposed, the liquor market and the trend of drinking had not slowed down until the traffic police began a campaign against drunk driving. According to experts, the increasing trend of alcohol import had a hand in the resumption of issuing licenses for producing liquor within the country. </span></span></p>
<p class="Pa10" style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Rabi KC, President of Nepal Liquor Manufacturers’ Association (NLMA), said, “The government’s move is positive.” However, he suggested that the benchmark should have been set even higher. “The new requirement of Rs 500,000 as deposit is low. Even a small liquor industry has a huge annual turnover, so the deposit amount should have been higher,” he adds. He further said that it would be appropriate to ask for a bank guarantee of Rs 5 million to Rs 10 million while issuing excise duty license by the Inland Revenue Department. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">KC depicts a very bad picture existing in the industry and says that out of the 52 registered factories, only 42 are in operation. Most of the liquor producers have not used even 25 per cent of their installed capacity, he adds. “They are struggling for their existence. In such a situation, what would be the future of the existing ones if 40 to 50 new industries are added?” he asks. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">With home-made liquor enjoying a strong presence, the market to be shared by all the companies is small. “So, there is a possibility of the entire industry going through a slump when new industries come in,” he predicted. However, he conceded that issuing new licenses to liquor producers cannot be denied in an open economy. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">As per the new standards, industrialists have to deposit Rs 500,000 along with an application at the DoI to get the license. The investors’ deposits will be refunded if they either fail to get the license or present evidence of starting production. There is also a provision of seizing the deposit if an industry fails to comply with the new standards. On the other hand, the existing industries need to deposit Rs 300,000 to increase their production capacity. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">According to the new standards, if the license is issued in the name of an individual, s/he should register the company within 30 days of getting the license. Such individuals must hold at least 20 per cent shares of the liquor company to be registered. Similarly, investors are not allowed to sell these shares before the deposit is refunded. If any investor is found selling the shares before getting the deposit refund, the government can either seize the deposit or mete out other punishments as per the Industrial Enterprises Act (IEA) 1992. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">For breweries and distilleries, including the bottling plants, there is the provision of concluding the construction and starting production within three years of getting the license. The time limit for starting a blending and bottling plant is two years. However, the DoI can extend the period by six months after evaluating the progress made by a company. Such six-month extension can be made twice. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">If an industry is unable to start its operation within the given period, there is a provision to dissolve the industry according to Section 25 of the IEA 1992. It is also necessary to establish an appropriate lab for quality control as stated by the new standards. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Distilleries using local grains as raw material can use a maximum of 10 per cent local grains for their production. If they need more, they have to import. Likewise, foreign direct investment (FDI) will not be allowed in industries producing liquor of lower quality than 30 degree UP, according to the new provision. This means FDI is not allowed in 40 degree UP or 60 degree UP. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Similarly, such industries must be at least 500 metres away from cultural heritages of national importance, hospitals, schools and national parks. The breweries and distilleries must have a minimum area of three hectares. The area should be at least one hectare for bottling-only plants. </span></span></p>
<p class="MsoNormal">
	<span style="font-size:14px;">&nbsp;<span style="line-height: 115%; color: rgb(34, 30, 31);">KC said, “In Nepal, 80 per cent market share is held by Nepali products.” However, 50 per cent liquor consumed in Nepal is supplied from household production.</span></span></p>
<p class="MsoNormal">
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	AceTravels.com announced the inauguration of its 11 branches across the nation. This is the first time in the history of a travel agency in Nepal to own nearly a dozen branches. Kush Kumar Joshi, Immediate Past President of FNCCI, inaugurated the branches in Biratnagar, Dharan, Birtamod and Banepa outside Kathmandu and New Baneshwor, Pulchowk, Thamel, Kalimati, Swoyambhu, Tinkune and Maharajgunj within the capital.</p>
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mso-hansi-theme-font:minor-latin;mso-bidi-font-family:&quot;Myriad Pro&quot;"> <img alt="lg electronics" border="1" height="96" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/lg.jpg" vspace="10" width="149" /></span><br />
	LG came up with a consumer promotion scheme called LG 3D Dashain on the occasion of Dashain. Under the scheme, customers purchasing LG 3D/Smart/LED/ LCD/CRT TVs, refrigerator, washing machine, microwave oven, home theater, DVD player and LG Mobile can win 32” Cinema 3D TV everyday through lucky draw. Also, there will be sure-shot prizes of pen drives, DVD players, mobiles and others on the purchase of LG appliances.</span></p>
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&quot;Myriad Pro&quot;;color:#211D1E">Him Electronics, the sole authorised dealer of Samsung products in Nepa, opened ‘Samsung Plaza’ in Pokhara which is a special brand outlet of Samsung. The outlet has all Samsung products including Smart TV, 3D LED and LCD television, digital smart cameras, refrigerators, washing machines, microwave ovens, vacuum cleaners, music systems and DVD players. The outlet will entertain after-sales service, home delivery, customer service, and free installation of Samsung products, it said.</span></p>
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&quot;Myriad Pro&quot;;color:#211D1E">The company also announced its new consumer scheme named ‘Pheri Haath Chhilayo, Aajha Dherai Khusiyali Chayo’ on the occasion of Dashain and Tihar. Under this scheme, customers purchasing Himstar LCD TV, CRT TV, refrigerator or deep freezer will receive a scratch coupon. The coupon provides the opportunity to win electronics products such as Himstar 32” LED TV, Refrigerator, DVD player, rice cooker, LED emergency light, Bajaj iron, and umbrella.</span></p>
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&quot;Myriad Pro&quot;;color:#211D1E">CG Electronics Pvt Ltd came up with a scheme on the occasion of Dashain. The scheme named “CG Dashain Kharcha” will enable two CG buyers to win Rs 50,000 every week via lucky draw through the coupon received on every purchase. The customers will also get sure-shot prizes with the purchase of certain CG products like CG Brand USB Drive with 22’’- 26’’ LCD/ LED TVs, CG DVD Player or CG Solar Lantern with 32” LCD/ LED TVs, CG 2.1 Multimedia Speaker with 42” LED TVs and many others.</span></p>
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	Rukmani Chemical Industries Pvt Ltd introduced two new paints Elegance Premium Luxury Emulsion and Ultimate High Performance Exterior Emulsion in the market. According to the company, Elegance Emulsion gives smooth finish, and resists bacteria and stains. Similarly, Ultimate Emulsion is anti-fungus and doest fade away, claims the company. The new products will be available in all the major cities throughout the country.</span></p>',
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	Pashupati Trade Link, an Enterprise of Murarka Organization, launched Karbonn A5. This Android Phone V2.3.6 Gingerbread Smartphone has 3.5” HVGA Screen, Dual Sim, 3G Support, 2.0 MP Camera, HSDPA 7.2 mbps, 800 MHz Processor, G-Sensor Support, Bluetooth, EDGE Support, E-mail, Expandable Memory Up to 32 GB and Battery Up to 1420 mAh. <br />
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	The company also launched other new models of Karbonn Mobile Phones including Karbonn 101*, Karbonn 21+, Karbonn 11+, Karbonn 451+, Karbonn 110* and Karbonn A7+. These mobile phones hold one year warranty on handsets and six months guarantee on battery and charger. The company said it will further launch many more models of Karbonn Mobile Phones in the future keeping in mind the consumers needs.</span></p>
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	<br />
	The sole authorized distributor of Kelvinator for Nepal EOL Pvt Ltd came up with a consumer scheme named Refeshing Dashain and Tihar on the occasion of Dashain and Tihar. Under this scheme, the company will be offering 1 case Rio free on every purchase of Kelvinator refrigerator.<br />
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	CG EOL Pvt Ltd brought about the consumer scheme “Godrej Freshtival Offer” for this year’s festival celebrations. The scheme aims to freshen up this year’s Dashain and Tihar by offering a carton of Rio juice on the purchase of a Godrej Refrigerator. The refrigerators from Godrej are equipped with “Stay Cool Technology” that guarantees freshness for all 24 hours of the day, even during loadshedding. Similarly, they are also equipped to play music. Its features and innovation make Godrej refrigerators one the most technologically advanced in the market.</span></p>',
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	<strong><span>Automobile<br />
	<br />
	<br />
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	CG Automobiles, the authorized distributor of TVS two wheelers in Nepal launched its Dashain Tihar offer. Under this offer, the buyers of any TVS motorcycle or scooter can avail a cash discount up to Rs 10,000. This scheme is available on finance as well as exchange.<br />
	<br />
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	<br />
	<img alt="sakoda" border="1" height="150" hspace="10" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/sakoda.jpg" vspace="10" width="237" /></div>
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	<b>Š</b>KODA M.A.W. launched its scheme for the festive season under which consumers will be able to purchase a SKODA Fabia, the premium hatchback in the SKODA line of models, with a down payment of only Rs 350,000. This will enable consumers to purchase a brand such as SKODA for a much lower amount than is normally required when financing a new car. As for other brands and variants, SKODA M.A.W. stated that attractive offers are available on those as well, especially for the festive season.<br />
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	Syakar Company announced a new scheme for its premium bikes customers on the occasion of Dashain and Tihar. CBR 250R/600RR/1000RR, CB600F Hornet, CB1000R, Tornado XR250R, and XR150R Bros figure among the Honda big bike segment. The offer included Rs 20,000 cash discount on XR150R Bros, Rs 10,000 cash discount on CBR250R/Tri Color and Rs 40,000 cash discount on the Hornet CB600F. These bikes are available from Wing World Showroom, Teku and Bajra auto Trading, Boudha.<br />
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	On the auspicious occasion of Dashai and Tihar, the company also announced its Dashain-Tihar scheme on Honda Two wheelers. The offer was launched targeted to benefit its customers. According to the company, the scheme featured scratch cards which entitles the customers to win Rs 4,000-100,000. The scheme also had 16+4 free servicing for the time span of five years each worth Rs 5,600 and 10 per cent discount on spare parts for five years.<br />
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	Hero MotoCorp Ltd (HMCL), the world’s largest two-wheeler manufacturer, launched brand ‘Hero’ and its range of two-wheelers in Nepal, marking the new brand’s foray into the country. It also announced a partnership with the reputed NGM to bring its two-wheelers to Nepal. Under the alliance, NGM was appointed as the distributor of Hero MotoCorp range of two-wheelers in Nepal. These products are being distributed through a network of more than 70 outlets spread across the country, with another 30 new outlets to be added in the next one year.<br />
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	Pawan Munjal, Managing Director &amp; Chief Executive Officer of Hero MotoCorp Ltd, launched the new brand ‘Hero’ in the presence of Dr Roop Jyoti of NGM. Nepali cricketer and youth icon Binod Das introduced the 150cc high performance motorcycle – “Hero Xtreme”, while Miss Nepal 2012 Shristi Shrestha unveiled the scooter – “Pleasure”.<br />
	<br />
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	Pooja International Nepal Pvt Ltd, the authorized distributor of Volkswagen vehicles for Nepal, opened a showroom and servicing centre in Munal Path, Biratnagar. The showroom will have new Volkswagen models while the service centre will provide all assistance needed by the customers, informed the company. Volkswagen, headquartered at Wolfsburg, Germany is the biggest car manufacturer of Europe and holds 20 per cent of the European market share.<br />
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			'title' => 'Personality November 2012',
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	<span style="font-size:14px;"><span myriad="" style="line-height: 115%; font-family: ">Khem Raj Panta’s life took an unexpected turn after he came to Kathmandu in 1990. From his first business exposure with UPS and entering SkyNet in 1992 to starting his own business in 1997, he has come a long way. Today, there is apparently nothing that he is more passionate about and more committed to than business.</span></span></p>
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	<span style="font-size:14px;"><span class="A15">L</span><span style="color: rgb(33, 29, 30);">ooking at him stand tall with responsibilities of a host of companies on his shoulders, it is hard to imagine that he had no plans of becoming a businessman when he was growing up. Executive Chairman of Nepal Skin Hospital Pvt Ltd and Country Manager at SkyNet Worldwide Express, Khem Raj Panta has also held important designations in companies including Qantas Freight, DTDC Worldwide Express and Nepal FM 91.8. “It was accidental”, he bluntly answers to how he turned a businessman. Born in the hills of Gorkha and raised in the plains of Biratnagar, as a young boy, he aspired to hold a government position. The Pantas were not businessmen; business had never run in the family. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">Going down the memory lane, he recalls that his father always wanted him to take up science, particularly either medicine or engineering. However, his life took an unexpected turn after he came to Kathmandu in 1990. He got his first business exposure when he worked with UPS, a global company, for six months. He entered SkyNet in 1992 having cleared an interview and in five years’ time, he became the first person of the company. And then, his long journey of leadership in the field of business began in 1997. Today, there is apparently nothing that he is more passionate about and more committed to than business. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">It seems distressing, having to handle so many responsibilities at once. Panta admits that although it is a tough job, he goes about accomplishing his work with the help of his team and the system behind him. He believes that team building, system building and channeling are crucial aspects of business and management. Although there are no hard and fast rules to his management philosophy, he does live by three words like a mantra “honesty, hard work and commitment”. While he is thankful towards J N Shetty, MD at SkyNet Mumbai, for guiding him, Panta had no godfather to look up to when he entered business. Whatever he has earned and achieved till now, it is due to his hard work and ability. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">He is very committed to his work; and works from 7 am to 10 pm on a normal day. His work demands a lot of travelling across the world and in long flights. When he is travelling, his flight hours are also his prep hours; he uses the time to do his homework for the visiting purpose. One very important characteristic of his is that he worships time and values every minute of the day. Even when he is abroad, he doesn’t </span><span style="color: rgb(33, 29, 30);">spend a day extra than demanded by his work unless he is on a planned vacation. Panta is strictly against wasting time.</span> <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">For this businessman, his friends and family have always been a strength factor. When asked about important people in his professional and personal life he instantly remembers two other people besides his wife and son: brother-in-law Kiran Acharya and partner Bijay Rijal. Panta’s wife above all is like a backbone to him. Ever understanding and ever loving, she helps him keep calm and be patient in affliction. For 20 longs years, she has always stood by him. “She is a wonderful woman, a wife, a friend and most importantly an advisor to me,” he says. Besides wife Nirmala’s significance in his life, he has another advisor in the family, his 18-year-old son Aashish. Panta believes in the importance of quality education and has always sent his son to the best of schools. Currently, Aashish is pursuing his BBA at GD Goenka World School. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">&nbsp;He listens to his son because for him it is important to keep up with the new generation. With father’s wisdom and son’s freshness, the Pantas share a relationship that stands on friendship within and beyond the family. Panta has begun grooming his son for the business world already. They attend business meetings together whenever his son is free. Some time ago, his son even looked after one of his business ventures for six whole months. Panta sees a potential businessman in his son. He confesses that it is difficult to balance time between family and work, and compromises have to be made sometimes. However, whenever he is with his family he gives his 100 per cent to them, “Saturday is an absolute family day for me” he justifies his claim. Once in a year, Panta and his family also fly to a holiday destination.</span> <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">Despite the hectic schedule and a number of responsibilities attached to his designations, Panta leads a modern healthy life. He is an Osho follower; and hence he meditates for 30 minutes every day. He also runs and sometimes swims at the club. He is fit and healthy and hence plans to work hard in the coming decade while he still has the oomph of business in his soul. “I don’t want to die working like most Nepalis do”, he says. <br />
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	<span style="font-size:14px;"><span style="line-height: 115%; color: rgb(33, 29, 30);">After the age of 55, he plans to hand over his responsibilities to a new generation of leaders and retire willingly. Panta has neatly outlined his retirement plan already and shares it enthusiastically. He plans to divide a year into four perfect halves, each for a destination. He plans to spend three months each in Kathmandu, Gorkha and Delhi where his beloved friends are and the remaining three months travelling around the world with his wife.<br />
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	<span style="font-size:14px;"><span style="line-height: 115%; color: rgb(33, 29, 30);">There were two major turning points in his life. The first one was his association with SkyNet, where he understood what his purpose in life was and the second one was the birth of his son. His son’s birth was like a lucky charm and opened all the doors of opportunities for him one by one. However, time is god to Panta and he credits his respect for time as the main reason for where he stands today. <br />
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	<span style="font-size:14px;"><span style="line-height: 115%; color: rgb(33, 29, 30);">He has a few simple but powerful messages for the entire new and emerging generation of entrepreneurs - young entrepreneurs should not be involved in politics and young talents should not migrate abroad because if there is one place that has enormous potential for business it has to be Nepal. Finally, Panta says, “I know, the new generation is in a hurry to succeed and it is only natural for them to want so. But, you should understand that there are no shortcuts to success. You have to be patient.”</span></span></p>
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<![endif]-->	<strong><span style="font-size:16px;"><span style="line-height: 115%; font-family: ">PERSONAL SIDE <br />
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	<span style="font-size:14px;"><span class="A62">Fitness: </span><span class="A63">Meditation and Health Club. An Osho follower, he meditates for 30 minutes every day. </span></span></p>
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	<span style="font-size:14px;"><span class="A62">Fetish: </span><span class="A63">Gadgets and Watches. Changes gadgets every two-three months and gets his hands on the latest models. Has over 50 watches to choose from and wears a different watch each day. </span></span></p>
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	<span style="font-size:14px;"><span class="A62">Brand Consciousness: </span><span class="A63">Absolutely brand conscious. Always wears and carries brands. </span></span></p>
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	<span style="font-size:14px;"><span class="A62">Suburbs or the City: </span><span class="A63">Suburbs for home because it needs quieter surrounding. City for business because it needs the crowd. <br />
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			'description' => 'The decade-long ban on issuing licenses to new distilleries and breweries is finally lifted by the government. It has now decided to allow establishment of new distilleries and breweries if they comply with a new 10-point standard set by the government. Ram Sharan Chimoria, Spokesperson at the Department of Industry (DoI), said that the Ministry of Industry (MoI) took the decision on October 7. Around 150 applications for registering new liquor industries are already received.',
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			'title' => 'Coordination Essence Of Management',
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<p class="MsoNormal">
	<span class="A14"><span mso-bidi-font-family:="" myriad="" style="font-family:"><img alt="" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/hrkurakani(1).gif" /><br />
	</span></span></p>
<p class="MsoNormal">
	<span class="A14"><span mso-bidi-font-family:="" myriad="" style="font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A29"><span myriad="" style="font-size:15.0pt;line-height:
115%;font-family:">Good management is not about signing contracts, assigning jobs and owning a company, rather it is about proper correspondence and coordination and requires involvement of all organization units to work together. <br />
	</span></span></p>
<p class="Default">
	<span class="A4"><span style="font-size:
59.0pt">&nbsp;C</span></span><span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">oordination refers to an essential principle of management that is necessary to accomplish overall organizational goal. An organization grows when leaders face challenges to synchronize all the activities and functions inside it. Coordination simply put is nothing more than members in an organization working together and moving in the same direction to achieve a common goal. In the words of Theo Haiman, however, “Coordination is the orderly synchronization of efforts of the subordinates to provide the proper amount, timing and quality of execution so that their unified efforts lead to the stated objective, namely the common purpose of the enterprise”. Thus, to proficiently arrive at an intended destination of the business, effective and efficient coordination becomes compulsory. Right people, with right skills in the right seats are not all that an organization needs to succeed. Good management is not about signing contracts, assigning jobs and owning a company, rather it is about proper correspondence and coordination and requires involvement of all organization units to work together.</span></p>
<p class="Default">
	&nbsp;<img alt="" border="1" height="161" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/coordination.gif" vspace="10" width="114" /></p>
<p class="Pa8" style="text-align:justify;text-indent:14.0pt">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">According to Dick Carlson, effective coordination is acquired through four important stages and they are:-<br />
	<br />
	a. Communication – Understanding<br />
	b. Timing – Appropriateness<br />
	c. Flexibility – Sensitivity<br />
	d. Control – Discipline &amp; Motivation <br />
	</span></p>
<p class="Pa8" style="text-align:justify;text-indent:14.0pt">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:"><br />
	</span></p>
<p class="Pa8" style="text-align:justify;text-indent:14.0pt">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">Coordination is different yet inseparable from cooperation. While coordination is bringing together the efforts of diverse mechanism within an organization to provide them unity of purpose; cooperation refers to the shared but intended efforts of people to carry out a meticulous objective. Cooperation works to ease coordination within a team or organization as a whole.. It is unanimously said that “Cooperation without coordination has no fruit and coordination without cooperation has no root”. Thus, cooperation and coordination must go hand in hand with a clear understanding that one is the stepping stone for the other. An effective manager needs both. The management seeks to achieve coordination through its imitative moves e.g. planning, organizing, staffing, commanding and controlling. Conciliation with external situations, scheming internal circumstances and motivation of people resources are integral, coordinating functions of management. The performance of the management depends much on coordination than any other element. <br />
	<br />
	<br />
	<img alt="" border="1" height="151" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/management.gif" vspace="10" width="227" /><br />
	</span></p>
<p class="MsoNormal">
	<span myriad="" style="font-size:10.0pt;
mso-bidi-font-family:">In any enterprise, coordination leads to facilitate:</span><br />
	 </p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;
mso-fareast-font-family:"><span style="mso-list:Ignore">a.<span new="" style="font:7.0pt " times="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><span myriad="" style="font-size:10.0pt;mso-bidi-font-family:
">Team Spirit: By encouraging people to work in a team and achieve the common goal.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">b. Better Accomplishment: With proper direction and management of time and energy.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">c. Cost Effectiveness and Efficiency: By automatically generating concern about control of wastage (Process &amp; resources). This minimizes delays and break downs and leads to optimum utilization of resources.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">d. Motivation: By encouraging employees to take initiatives which eventually enhances job satisfaction.. It inevitably results in better performance of the company as a whole.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">e. Improved Human Relations: by minimizing the conflicts, rivalries and other organizational issues. With clarity that comes along, working is always smooth and productive.</span></p>
<p class="MsoNormal">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">f. Goals Integration: by bringing uniformity in understanding of organizational goals and common effort required to achieve it. Coordination is a process that applies only to group activities. It does not apply to individual activities. Coordination also requires deliberate efforts like:</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">a. Well Defined Objectives: Clarity &amp; common understanding of the objective makes it attainable and hence, coordination succeeds only if the organization has defined its objectives well.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">b. Effective Chain of Command: Chain of command is the interlink or chain link of authority and reporting relations. This link connects all the members from top to bottom by duly defining reporting relations as superior/supervisor and subordinate. This results in effective control and communication.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">c. Continuous &amp; Accurate Programs and Policies: It focuses on long term planning for human capital strategic perspective around integrated product &amp; services. Thus, coordination time bound rather is a continuous process. It must continue at each level from inception i.e. planning, organizing, directing and controlling until the business sustains.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">d. Effective Communication: Coordination can succeed only with effective communication. All barriers and gaps at each level must be eliminated in the communication process. Proper communication helps to avoid misunderstandings and helps to build consensus to achieve goals.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">e. Effective Leadership: Leadership is a means to realize the outcome of coordination and efficient allocation of resources. The importance of coordination is stressed to improve the value of collaborative activities. Effective leadership strategies derive their power from effective strategies and transformational power of a compelling vision rather than from hierarchy, rank or standard operating procedures.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">f. Cooperation: Cooperation is the hall mark for a corporate culture. Accomplishment of an ultimate goal requires mutual cooperation. To secure coordination around a business destination, maintenance of cooperation amongst functions, teams and individual employees is essential. Since cooperation is one of most important element in assisting coordination, upkeep of sustained cooperation is important.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">g. Mission Driven Work Teams: Also termed as “self managing” teams, it represents teams with interdependence and joint responsibility for outputs among the members. It has been considered as a revolutionary approach to organize and perform assignments. It integrates the need of people with work to be done and that is encouraged through coordination.</span></p>
<p class="Default">
	 </p>
<p class="MsoNormal">
	<span myriad="" style="font-size:10.0pt;
mso-bidi-font-family:">It is suggested by management scientists that the implementation processes range from the simplest to the most complex. Here are a range of these processes:</span><br />
	<br />
	 </p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;
mso-fareast-font-family:"><span style="mso-list:Ignore">i)<span new="" style="font:7.0pt " times="">&nbsp; </span></span></span><span myriad="" style="font-size:10.0pt;mso-bidi-font-family:
">Standards: A set of expectations and measures across organizations, i.e. performance standards or management.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">ii) Information: Learning and knowledge sharing through database, case studies or site visits.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">iii)Expertise: Sharing expertise and competence through people (expert) movement from one to the other location/unit in view of the best use of the talent available.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">iv)Authority: Problem solving or trouble shooting among cross functional teams through sharing authority.</span></p>
<p>
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">v) Cost Economy: Leader shares knowledge around achieving goal that controls cost through integration of business processes. </span></p>
<p class="Default">
	 </p>
<p>
	<span myriad="" style="font-size:10.0pt;
mso-bidi-font-family:">Coordination is a valuable yet intangible tool. Businesses seeking success must ensure application of coordination that includes ability to set standards, share information, transfer expertise, allocate authority, improve business processes and deliver innovation and design. All the functions of management are affected by coordination. It encourages team spirit, gives proper direction to the organization and motivates employees as well as makes proper use of the resources. Hence, it is an essential element for the survival, growth and profitability of any organization. </span></p>
<p class="MsoNormal">
	 </p>
<p class="MsoNormal">
	 </p>
<p class="MsoNormal">
	<strong>&nbsp;</strong></p>
<p class="MsoNormal">
	<strong><span style="font-size:8.0pt;line-height:115%;color:#211D1E">Dr Karna is the Executive Chairperson of MARK Business Solutions Pvt Ltd. The article is based on various research reports and his practical experiences as management practitioner.</span></strong></p>
<p class="MsoNormal">
	 </p>',
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			'created' => '2012-12-17',
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			'description' => 'Good management is not about signing contracts, assigning jobs and owning a company, rather it is about proper correspondence and coordination and requires involvement of all organization units to work together.',
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			'title' => 'Cycling Thrills',
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			'summary' => null,
			'content' => '<div>
	<strong><span style="font-size:14px;">By Abha Dhital</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	<img alt="youths " border="1" height="181" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/youths_featured.jpg" vspace="10" width="338" /><br />
	</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	</span></strong></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:
59.0pt">T</span><span style="font-size:10.0pt;color:#221E1F">he roads of Kathmandu have increasingly begun to witness a new passion emerging among young health enthusiasts. These people set out for a minimum of three to six hours excursion every weekend. In their jerseys, shorts and helmets, riding their super chic mountain bikes they always manage to become head turners for the locals. Yes, cycling is the new, prominent and perhaps expensive leisure pursuit that young people are increasingly opting for today. One particular group – C’mon Cyclists –takes cycling very seriously despite all the fun they have. C’mon Cyclists is a growing group of 15 young men who make it a point to ride to a foothill every Saturday. If only time allowed perhaps they would ride more often. But six hours a week is generally all they can afford because these cyclists are mostly young executives.</span></div>
<div>
	<br />
	<img alt="youths" border="1" height="155" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/youths.jpg" vspace="10" width="400" /><br />
	 </div>
<div style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:10.0pt;color:#221E1F">Before cycling turned into a regular activity for C’mon Cyclists back in 2009, it began as a natural excuse for a get-together between four-five friends. Given the busy, hectic life they lived, it used to be a recreation for them. As the group started growing and their muscles stopped cramping, they realized it was not just about meeting friends. They started acknowledging cycling as an intense workout and a daring passion. Almost </span><span 000="" 600="" a="" about="" adventure="" also="" and="" be="" best="" between="" build="" burn="" busy="" but="" calorie="" calories="" can="" capacity="" cardiovascular="" considered="" cycling="" depending="" div="" down="" every="" exercise="" exercise.="" fit="" fit.="" friday.="" from="" have="" having="" he="" helps="" hour="" i="" improves="" in="" is="" it="" keep="" limited="" lung="" mandir="" muscles="" not="" of="" on="" over="" part="" per="" re="" realized="" rides="" s="" says="" shrestha="" span="" speed="" stay="" strengthens="" style="font-size:10.0pt;Myriad Pro" sunday="" that="" the="" them="" they="" three="" through="" to="" topography="" usually="" who="" wholesale="" without="" years="" you="" your="">Cycling is a sport that contributes to an overall sense of happiness and well being, factors that are very important for the young leaders. While offering a sense of challenge and adventure, cycling can also teach you a lot of skills that could be used in the business profession. Cycling has team work at its core; cyclists know that to succeed they have to ride as a team and in one pace. At certain intervals, each rider becomes responsible for pulling the group, and others follow close behind. Like any business, cycling demands shared responsibility and collaboration that contributes to a faster, stronger and more motivated team. Hence, cycling skills can always be applied to business and management and thus, these cyclists have been implementing them .Cycling is also about getting out of your comfort zone and building self reliance. In addition to being fun and bringing cyclists closer to the nature, it offers a surplus of physical, emotional and social benefit to those who partake. No wonder, cycling is growing only more popular.</span></div>
<div>
	 </div>
<div style="text-align:justify">
	<span a="" about="" admit="" adventure="" all="" along="" also="" although="" an="" and="" any="" are="" around="" asked="" at="" be="" because="" bhanjyang="" careful="" chandan="" city.="" come="" comes="" concern="" country="" cycle="" cycling="" cyclists="" definitely="" destinations="" destinations.="" div="" dogs="" favorite="" five-10="" foothills="" foothills.="" for="" fun="" have="" he="" his="" in="" including="" inexpensive="" instantly="" is="" kathmandu="" kilometers="" lack="" lakure="" lanes="" like="" limited="" little="" magnificent="" most="" nagarjuna="" name="" nepal.="" not="" of="" off="" on="" other="" outside="" perform="" places="" popular="" price.="" range="" regarding="" riders="" risk="" risks="" road="" says="" shivapuri="" some="" span="" spectacular="" stunts.="" style="font-size:10.0pt;Myriad Pro" t="" talking="" tamrakar.="" that="" the="" their="" these="" they="" this="" to="" vehicles="" very="" voices="" we="" when="" with="">When you look at the riders in their jerseys and shorts, helmets and shoes you might wonder if they are merely making a style statement. Partly yes, cycling is in fact stylishly sporty but mostly; all the apparels and equipments are used for a reason. So much so that as cycling becomes increasingly popular, it could as well be a major economic influence in a country like Nepal. When it comes to cycling, there are a number of equipments that are totally worth investing on. The complete gear with apparels and tools ranges from Rs 30,000 to Rs 50,000 in cost. The cycle itself usually costs in the range of Rs 100,000–200,000 on an average. </span></div>
<div>
	 </div>
<div>
	 </div>
<div style="text-align:justify">
	<span a="" and="" apparels="" are="" besides="" bike="" course.="" cycling="" div="" for="" here="" is="" list="" mountain="" of="" required="" span="" style="font-size:10.0pt;Myriad Pro" that="" the="" tools="">The complete cyclist “must haves”: </span></div>
<div>
	<strong><br />
	</strong></div>
<div>
	 </div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 1.="" are="" away="" body.="" but="" comfortable="" div="" draw="" from="" help="" important="" is="" it="" jersey:="" jerseys="" might="" more="" most="" mostly="" note="" people="" prefer="" span="" style="font-size:10.0pt;Myriad Pro" sweat="" t-shirts="" that="" the="" these.="" to="" wearing="" will="" you="" your="">2. Shorts/ Tights: These help absorb sweat and allow you a comfortable ride. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 3.="" cold="" conditions.="" div="" important="" in="" is="" jacket="" jacket:="" re="" riding="" span="" style="font-size:10.0pt;Myriad Pro" when="">4. Base Layer: Base layer is useful when you’re riding in the cool weather. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 5.="" all="" are="" barrier="" cold.="" div="" from="" in="" mostly="" protect="" span="" style="font-size:10.0pt;Myriad Pro" these="" useful="" vest:="" you="">6. Socks: It is important to wear socks as they prevent your feet from getting blisters and cold. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 7.="" and="" by="" caused="" cycling.="" div="" gloves:="" hands="" protect="" reduce="" soreness="" span="" style="font-size:10.0pt;Myriad Pro" they="" your="">8. Helmet: Although cycling is fun, it cannot be taken for granted as mountain biking can prove to be dangerous. Needless to say, helmet is an essential. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 9.="" any="" biking="" div="" do.="" good="" grip.="" just="" mountain="" need="" shoes="" shoes:="" span="" sports="" style="font-size:10.0pt;Myriad Pro" t="" with="" you="">10. Glasses: These protect your eyes from dust, sun and everything else that might obstruct your ride. Many come with interchangeable lenses for different occasions. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 11.="" a="" allows="" as="" camelbak="" camelbak:="" div="" drink="" drinking="" hydrated="" important="" make="" might="" more="" pausing="" re="" ride.="" riding.="" s="" span="" stay="" style="font-size:10.0pt;Myriad Pro" that="" the="" to="" use="" well="" while="" without="" you="">12. Headlights: Lights spare you the mysteries and accidents of the dark. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 13.="" and="" are="" as="" could="" div="" if="" it.="" judge="" obsessed="" span="" speed="" speedometer:="" style="font-size:10.0pt;Myriad Pro" to="" use="" want="" well="" with="" you="" your="">14. Tool Kit: Punctures are inevitable and hence you should always be prepared. Always carry a pump and puncture repair kit. You can also buy a multi tool. </span></div>
<div>
	 </div>
<div>
	 </div>
<div>
	<strong><span style="font-size:10.0pt;line-height:115%;Myriad Pro" ;color:#221e1f"="">(Note: Commencal, Trek and Giant are some recommended brands for cycling apparels and equipments)</strong></div>',
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			'title' => 'Brand Talk November 2012',
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	<span style="font-size:14px;"><span style="line-height: 115%;"><img alt="brand talk" border="1" height="181" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/Brandtalk_nov2012.jpg" vspace="10" width="338" /><br />
	<br />
	<strong>Brand Talk</strong></span></span></div>
<div>
	<strong><span style="font-size:14px;">By Sajag Karki</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	<img alt="Brand Talk" border="1" height="215" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/KFC(1).jpg" vspace="10" width="400" /><br />
	<br />
	<br />
	</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><span style="line-height: 115%;">The KFC Legacy</span></span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><span style="line-height: 115%;">The cult status earned by KFC can be credited to its very appealing logo.</span></span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	</span></strong></div>
<div style="text-align:justify">
	<span style="font-size:14px;">Kentucky Fried Chicken (KFC) is the world’s largest chain of fried chicken fast food restaurants. Headquartered in Kentucky, USA, this popular brand has its presence in over 17,000 locations worldwide including Nepal. The founder of the restaurant is Colonel Harland Sanders whose image has been used extensively in the branding including its logo. KFC enjoys salience of providing desired food at a reasonable price. It boasts an extensive menu which includes signature dishes like grilled chicken, potato wedges, rolls, French fries, soft drinks, salad and dessert among others apart from its very famous fried chicken. Kids and teens especially flock around its outlets enjoying big buckets of fried chicken along with spicy wings and drinks while creating good memories with friends and family. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">The cult status earned by KFC can be credited to its very appealing logo. The red and white combination logo prominently features Colonel Sanders in white goatee, and string tie, smiling behind his classic thick-rimmed glasses. The logo is quite welcoming for the customers and creates a favorable impression. Currently, KFC is using the tagline “So Good”, the zest of which is to encapsulate the addicting taste of it. The advertisement campaigns are also in line with the tagline. Its other popular taglines used are “Finger licking good” and “Follow your taste” which summarizes the personality of the brand. There are various factors associated with KFC which has made it an iconic brand: </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">The Secret Recipe: KFC’s founder Colonel Sanders’ “Original Recipe” of 11 herbs is said to have remained a valuable trade secret. The secret recipe is also one of its unique selling proposition (USP) by which it has been able to keep competition at bay. It is because of this recipe that KFC has been able to maintain the taste of its delicacies consistent throughout its outlets all over the world. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">Consistent Branding: KFC, as a brand, represents fun, simple and delicious fried chicken that can be enjoyed by anyone from youngsters to senior citizens. It has maintained a remarkably consistent brand identity over the past 50 years channeling all its efforts into Colonel Sanders’ image. It also provides the utility value of fast food convenience for the fast paced lifestyle that people have in a lot of countries. Its red color symbolizes fun, excitement, passion and desire for delicious food. Despite its several health and animal cruelty controversies, KFC has managed to battle against all odds and remains strong in the hearts of its customers. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">KFC Grilled Chicken: After complaints against KFC having an adverse effect on people’s health were made, a newer version-KFC Grilled Chicken was launched. This range of KFC is grilled and healthier than its fried counterpart. This shows the company’s commitment towards the health of its customers and a quick response strategy to tap the healthy market segment. The new range of KFC Grilled Chicken should be working wonders as it retains the brand value of great tasty chicken along with the added health benefit. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">The craze for KFC could be seen with a large number of people flocking towards its outlet in Durbarmarg when it first opened its doors in Kathmandu. This was an example of the overwhelming response from its patrons all over, as KFC is a synonym for quality. With great promotion and publicity, the KFC brand has become even more trustworthy and reliable. Hence, its legacy is unprecedented and is sure to grow in the foreseeable future. </span></div>
<div>
	<span style="font-size:14px;"><strong><br />
	</strong></span></div>
<div>
	<span style="font-size:14px;"><strong><span style="line-height: 115%;">Karki can be reached at sajag_karki@hotmail. com. The article is based on research and author’s practical experience as a marketing and advertising professional.</span></strong></span></div>',
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			'description' => 'Kentucky Fried Chicken (KFC) is the world’s largest chain of fried chicken fast food restaurants. Headquartered in Kentucky, USA, this popular brand has its presence in over 17,000 locations worldwide including Nepal.',
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			'title' => 'Sectoral November 2012',
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			'content' => '<p>
	 </p>
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<p>
	<strong><span style="font-size:16px;"><span style="line-height: 115%;">Liquor Licensing</span></span></strong><strong><span style="font-size:16px;"> </span></strong></p>
<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span style="line-height: 115%; font-family: &quot;Myriad Pro&quot;,&quot;sans-serif&quot;;">The government has decided to allow establishment of new distilleries and breweries.<br />
	<br />
	<br />
	<img alt="liquor" border="1" height="143" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/liquor(1).jpg" vspace="10" width="400" /></span></span></strong></p>
<p class="Pa9" style="text-align:justify">
	<span style="font-size:14px;"><span class="A15">T</span><span style="color: rgb(34, 30, 31);">he decade-long ban on issuing licenses to new distilleries and breweries is finally lifted by the government. It has now decided to allow establishment of new distilleries and breweries if they comply with a new 10-point standard set by the government. Ram Sharan Chimoria, Spokesperson at the Department of Industry (DoI), said that the Ministry of Industry (MoI) took the decision on October 7. Around 150 applications for registering new liquor industries are already received. </span></span></p>
<p class="Pa10" style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">“The government had stopped issuing licenses to new liquor manufacturers for more than a decade,” Chimoria said, “Licenses will now be issued but only to those who comply with the new standards.” He added that the move will help regularise the liquor industry. The government had stopped the registration of new liquor industries in 2001, citing environmental and health reasons. The Maoist campaign against liquor drinking habits during the decade-long armed movement was the major but undeclared reason for the ban. </span></span></p>
<p class="Pa10" style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Although the ban was imposed, the liquor market and the trend of drinking had not slowed down until the traffic police began a campaign against drunk driving. According to experts, the increasing trend of alcohol import had a hand in the resumption of issuing licenses for producing liquor within the country. </span></span></p>
<p class="Pa10" style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Rabi KC, President of Nepal Liquor Manufacturers’ Association (NLMA), said, “The government’s move is positive.” However, he suggested that the benchmark should have been set even higher. “The new requirement of Rs 500,000 as deposit is low. Even a small liquor industry has a huge annual turnover, so the deposit amount should have been higher,” he adds. He further said that it would be appropriate to ask for a bank guarantee of Rs 5 million to Rs 10 million while issuing excise duty license by the Inland Revenue Department. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">KC depicts a very bad picture existing in the industry and says that out of the 52 registered factories, only 42 are in operation. Most of the liquor producers have not used even 25 per cent of their installed capacity, he adds. “They are struggling for their existence. In such a situation, what would be the future of the existing ones if 40 to 50 new industries are added?” he asks. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">With home-made liquor enjoying a strong presence, the market to be shared by all the companies is small. “So, there is a possibility of the entire industry going through a slump when new industries come in,” he predicted. However, he conceded that issuing new licenses to liquor producers cannot be denied in an open economy. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">As per the new standards, industrialists have to deposit Rs 500,000 along with an application at the DoI to get the license. The investors’ deposits will be refunded if they either fail to get the license or present evidence of starting production. There is also a provision of seizing the deposit if an industry fails to comply with the new standards. On the other hand, the existing industries need to deposit Rs 300,000 to increase their production capacity. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">According to the new standards, if the license is issued in the name of an individual, s/he should register the company within 30 days of getting the license. Such individuals must hold at least 20 per cent shares of the liquor company to be registered. Similarly, investors are not allowed to sell these shares before the deposit is refunded. If any investor is found selling the shares before getting the deposit refund, the government can either seize the deposit or mete out other punishments as per the Industrial Enterprises Act (IEA) 1992. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">For breweries and distilleries, including the bottling plants, there is the provision of concluding the construction and starting production within three years of getting the license. The time limit for starting a blending and bottling plant is two years. However, the DoI can extend the period by six months after evaluating the progress made by a company. Such six-month extension can be made twice. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">If an industry is unable to start its operation within the given period, there is a provision to dissolve the industry according to Section 25 of the IEA 1992. It is also necessary to establish an appropriate lab for quality control as stated by the new standards. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Distilleries using local grains as raw material can use a maximum of 10 per cent local grains for their production. If they need more, they have to import. Likewise, foreign direct investment (FDI) will not be allowed in industries producing liquor of lower quality than 30 degree UP, according to the new provision. This means FDI is not allowed in 40 degree UP or 60 degree UP. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Similarly, such industries must be at least 500 metres away from cultural heritages of national importance, hospitals, schools and national parks. The breweries and distilleries must have a minimum area of three hectares. The area should be at least one hectare for bottling-only plants. </span></span></p>
<p class="MsoNormal">
	<span style="font-size:14px;">&nbsp;<span style="line-height: 115%; color: rgb(34, 30, 31);">KC said, “In Nepal, 80 per cent market share is held by Nepali products.” However, 50 per cent liquor consumed in Nepal is supplied from household production.</span></span></p>
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	AceTravels.com announced the inauguration of its 11 branches across the nation. This is the first time in the history of a travel agency in Nepal to own nearly a dozen branches. Kush Kumar Joshi, Immediate Past President of FNCCI, inaugurated the branches in Biratnagar, Dharan, Birtamod and Banepa outside Kathmandu and New Baneshwor, Pulchowk, Thamel, Kalimati, Swoyambhu, Tinkune and Maharajgunj within the capital.</p>
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	LG came up with a consumer promotion scheme called LG 3D Dashain on the occasion of Dashain. Under the scheme, customers purchasing LG 3D/Smart/LED/ LCD/CRT TVs, refrigerator, washing machine, microwave oven, home theater, DVD player and LG Mobile can win 32” Cinema 3D TV everyday through lucky draw. Also, there will be sure-shot prizes of pen drives, DVD players, mobiles and others on the purchase of LG appliances.</span></p>
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	Rukmani Chemical Industries Pvt Ltd introduced two new paints Elegance Premium Luxury Emulsion and Ultimate High Performance Exterior Emulsion in the market. According to the company, Elegance Emulsion gives smooth finish, and resists bacteria and stains. Similarly, Ultimate Emulsion is anti-fungus and doest fade away, claims the company. The new products will be available in all the major cities throughout the country.</span></p>',
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	Pashupati Trade Link, an Enterprise of Murarka Organization, launched Karbonn A5. This Android Phone V2.3.6 Gingerbread Smartphone has 3.5” HVGA Screen, Dual Sim, 3G Support, 2.0 MP Camera, HSDPA 7.2 mbps, 800 MHz Processor, G-Sensor Support, Bluetooth, EDGE Support, E-mail, Expandable Memory Up to 32 GB and Battery Up to 1420 mAh. <br />
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	The company also launched other new models of Karbonn Mobile Phones including Karbonn 101*, Karbonn 21+, Karbonn 11+, Karbonn 451+, Karbonn 110* and Karbonn A7+. These mobile phones hold one year warranty on handsets and six months guarantee on battery and charger. The company said it will further launch many more models of Karbonn Mobile Phones in the future keeping in mind the consumers needs.</span></p>
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	The sole authorized distributor of Kelvinator for Nepal EOL Pvt Ltd came up with a consumer scheme named Refeshing Dashain and Tihar on the occasion of Dashain and Tihar. Under this scheme, the company will be offering 1 case Rio free on every purchase of Kelvinator refrigerator.<br />
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	CG EOL Pvt Ltd brought about the consumer scheme “Godrej Freshtival Offer” for this year’s festival celebrations. The scheme aims to freshen up this year’s Dashain and Tihar by offering a carton of Rio juice on the purchase of a Godrej Refrigerator. The refrigerators from Godrej are equipped with “Stay Cool Technology” that guarantees freshness for all 24 hours of the day, even during loadshedding. Similarly, they are also equipped to play music. Its features and innovation make Godrej refrigerators one the most technologically advanced in the market.</span></p>',
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	<br />
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	CG Automobiles, the authorized distributor of TVS two wheelers in Nepal launched its Dashain Tihar offer. Under this offer, the buyers of any TVS motorcycle or scooter can avail a cash discount up to Rs 10,000. This scheme is available on finance as well as exchange.<br />
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	<b>Š</b>KODA M.A.W. launched its scheme for the festive season under which consumers will be able to purchase a SKODA Fabia, the premium hatchback in the SKODA line of models, with a down payment of only Rs 350,000. This will enable consumers to purchase a brand such as SKODA for a much lower amount than is normally required when financing a new car. As for other brands and variants, SKODA M.A.W. stated that attractive offers are available on those as well, especially for the festive season.<br />
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	Syakar Company announced a new scheme for its premium bikes customers on the occasion of Dashain and Tihar. CBR 250R/600RR/1000RR, CB600F Hornet, CB1000R, Tornado XR250R, and XR150R Bros figure among the Honda big bike segment. The offer included Rs 20,000 cash discount on XR150R Bros, Rs 10,000 cash discount on CBR250R/Tri Color and Rs 40,000 cash discount on the Hornet CB600F. These bikes are available from Wing World Showroom, Teku and Bajra auto Trading, Boudha.<br />
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	On the auspicious occasion of Dashai and Tihar, the company also announced its Dashain-Tihar scheme on Honda Two wheelers. The offer was launched targeted to benefit its customers. According to the company, the scheme featured scratch cards which entitles the customers to win Rs 4,000-100,000. The scheme also had 16+4 free servicing for the time span of five years each worth Rs 5,600 and 10 per cent discount on spare parts for five years.<br />
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	Hero MotoCorp Ltd (HMCL), the world’s largest two-wheeler manufacturer, launched brand ‘Hero’ and its range of two-wheelers in Nepal, marking the new brand’s foray into the country. It also announced a partnership with the reputed NGM to bring its two-wheelers to Nepal. Under the alliance, NGM was appointed as the distributor of Hero MotoCorp range of two-wheelers in Nepal. These products are being distributed through a network of more than 70 outlets spread across the country, with another 30 new outlets to be added in the next one year.<br />
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	Pawan Munjal, Managing Director &amp; Chief Executive Officer of Hero MotoCorp Ltd, launched the new brand ‘Hero’ in the presence of Dr Roop Jyoti of NGM. Nepali cricketer and youth icon Binod Das introduced the 150cc high performance motorcycle – “Hero Xtreme”, while Miss Nepal 2012 Shristi Shrestha unveiled the scooter – “Pleasure”.<br />
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	Pooja International Nepal Pvt Ltd, the authorized distributor of Volkswagen vehicles for Nepal, opened a showroom and servicing centre in Munal Path, Biratnagar. The showroom will have new Volkswagen models while the service centre will provide all assistance needed by the customers, informed the company. Volkswagen, headquartered at Wolfsburg, Germany is the biggest car manufacturer of Europe and holds 20 per cent of the European market share.<br />
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			'title' => 'Personality November 2012',
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	<span style="font-size:14px;"><span myriad="" style="line-height: 115%; font-family: ">Khem Raj Panta’s life took an unexpected turn after he came to Kathmandu in 1990. From his first business exposure with UPS and entering SkyNet in 1992 to starting his own business in 1997, he has come a long way. Today, there is apparently nothing that he is more passionate about and more committed to than business.</span></span></p>
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	<span style="font-size:14px;"><span class="A15">L</span><span style="color: rgb(33, 29, 30);">ooking at him stand tall with responsibilities of a host of companies on his shoulders, it is hard to imagine that he had no plans of becoming a businessman when he was growing up. Executive Chairman of Nepal Skin Hospital Pvt Ltd and Country Manager at SkyNet Worldwide Express, Khem Raj Panta has also held important designations in companies including Qantas Freight, DTDC Worldwide Express and Nepal FM 91.8. “It was accidental”, he bluntly answers to how he turned a businessman. Born in the hills of Gorkha and raised in the plains of Biratnagar, as a young boy, he aspired to hold a government position. The Pantas were not businessmen; business had never run in the family. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">Going down the memory lane, he recalls that his father always wanted him to take up science, particularly either medicine or engineering. However, his life took an unexpected turn after he came to Kathmandu in 1990. He got his first business exposure when he worked with UPS, a global company, for six months. He entered SkyNet in 1992 having cleared an interview and in five years’ time, he became the first person of the company. And then, his long journey of leadership in the field of business began in 1997. Today, there is apparently nothing that he is more passionate about and more committed to than business. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">It seems distressing, having to handle so many responsibilities at once. Panta admits that although it is a tough job, he goes about accomplishing his work with the help of his team and the system behind him. He believes that team building, system building and channeling are crucial aspects of business and management. Although there are no hard and fast rules to his management philosophy, he does live by three words like a mantra “honesty, hard work and commitment”. While he is thankful towards J N Shetty, MD at SkyNet Mumbai, for guiding him, Panta had no godfather to look up to when he entered business. Whatever he has earned and achieved till now, it is due to his hard work and ability. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">He is very committed to his work; and works from 7 am to 10 pm on a normal day. His work demands a lot of travelling across the world and in long flights. When he is travelling, his flight hours are also his prep hours; he uses the time to do his homework for the visiting purpose. One very important characteristic of his is that he worships time and values every minute of the day. Even when he is abroad, he doesn’t </span><span style="color: rgb(33, 29, 30);">spend a day extra than demanded by his work unless he is on a planned vacation. Panta is strictly against wasting time.</span> <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">For this businessman, his friends and family have always been a strength factor. When asked about important people in his professional and personal life he instantly remembers two other people besides his wife and son: brother-in-law Kiran Acharya and partner Bijay Rijal. Panta’s wife above all is like a backbone to him. Ever understanding and ever loving, she helps him keep calm and be patient in affliction. For 20 longs years, she has always stood by him. “She is a wonderful woman, a wife, a friend and most importantly an advisor to me,” he says. Besides wife Nirmala’s significance in his life, he has another advisor in the family, his 18-year-old son Aashish. Panta believes in the importance of quality education and has always sent his son to the best of schools. Currently, Aashish is pursuing his BBA at GD Goenka World School. <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">&nbsp;He listens to his son because for him it is important to keep up with the new generation. With father’s wisdom and son’s freshness, the Pantas share a relationship that stands on friendship within and beyond the family. Panta has begun grooming his son for the business world already. They attend business meetings together whenever his son is free. Some time ago, his son even looked after one of his business ventures for six whole months. Panta sees a potential businessman in his son. He confesses that it is difficult to balance time between family and work, and compromises have to be made sometimes. However, whenever he is with his family he gives his 100 per cent to them, “Saturday is an absolute family day for me” he justifies his claim. Once in a year, Panta and his family also fly to a holiday destination.</span> <br />
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	<span style="font-size:14px;"><span style="color: rgb(33, 29, 30);">Despite the hectic schedule and a number of responsibilities attached to his designations, Panta leads a modern healthy life. He is an Osho follower; and hence he meditates for 30 minutes every day. He also runs and sometimes swims at the club. He is fit and healthy and hence plans to work hard in the coming decade while he still has the oomph of business in his soul. “I don’t want to die working like most Nepalis do”, he says. <br />
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	<span style="font-size:14px;"><span style="line-height: 115%; color: rgb(33, 29, 30);">After the age of 55, he plans to hand over his responsibilities to a new generation of leaders and retire willingly. Panta has neatly outlined his retirement plan already and shares it enthusiastically. He plans to divide a year into four perfect halves, each for a destination. He plans to spend three months each in Kathmandu, Gorkha and Delhi where his beloved friends are and the remaining three months travelling around the world with his wife.<br />
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	<span style="font-size:14px;"><span style="line-height: 115%; color: rgb(33, 29, 30);">There were two major turning points in his life. The first one was his association with SkyNet, where he understood what his purpose in life was and the second one was the birth of his son. His son’s birth was like a lucky charm and opened all the doors of opportunities for him one by one. However, time is god to Panta and he credits his respect for time as the main reason for where he stands today. <br />
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	<span style="font-size:14px;"><span style="line-height: 115%; color: rgb(33, 29, 30);">He has a few simple but powerful messages for the entire new and emerging generation of entrepreneurs - young entrepreneurs should not be involved in politics and young talents should not migrate abroad because if there is one place that has enormous potential for business it has to be Nepal. Finally, Panta says, “I know, the new generation is in a hurry to succeed and it is only natural for them to want so. But, you should understand that there are no shortcuts to success. You have to be patient.”</span></span></p>
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<![endif]-->	<strong><span style="font-size:16px;"><span style="line-height: 115%; font-family: ">PERSONAL SIDE <br />
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	<span style="font-size:14px;"><span class="A62">Fitness: </span><span class="A63">Meditation and Health Club. An Osho follower, he meditates for 30 minutes every day. </span></span></p>
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	<span style="font-size:14px;"><span class="A62">Fetish: </span><span class="A63">Gadgets and Watches. Changes gadgets every two-three months and gets his hands on the latest models. Has over 50 watches to choose from and wears a different watch each day. </span></span></p>
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	<span style="font-size:14px;"><span class="A62">Brand Consciousness: </span><span class="A63">Absolutely brand conscious. Always wears and carries brands. </span></span></p>
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	<span style="font-size:14px;"><span class="A62">Suburbs or the City: </span><span class="A63">Suburbs for home because it needs quieter surrounding. City for business because it needs the crowd. <br />
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<p class="MsoNormal">
	<span class="A14"><span mso-bidi-font-family:="" myriad="" style="font-family:"><img alt="" src="http://www.newbusinessage.com/ckfinder/userfiles/Images/hrkurakani(1).gif" /><br />
	</span></span></p>
<p class="MsoNormal">
	<span class="A14"><span mso-bidi-font-family:="" myriad="" style="font-family:">&nbsp;</span></span></p>
<p class="MsoNormal">
	<span class="A29"><span myriad="" style="font-size:15.0pt;line-height:
115%;font-family:">Good management is not about signing contracts, assigning jobs and owning a company, rather it is about proper correspondence and coordination and requires involvement of all organization units to work together. <br />
	</span></span></p>
<p class="Default">
	<span class="A4"><span style="font-size:
59.0pt">&nbsp;C</span></span><span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">oordination refers to an essential principle of management that is necessary to accomplish overall organizational goal. An organization grows when leaders face challenges to synchronize all the activities and functions inside it. Coordination simply put is nothing more than members in an organization working together and moving in the same direction to achieve a common goal. In the words of Theo Haiman, however, “Coordination is the orderly synchronization of efforts of the subordinates to provide the proper amount, timing and quality of execution so that their unified efforts lead to the stated objective, namely the common purpose of the enterprise”. Thus, to proficiently arrive at an intended destination of the business, effective and efficient coordination becomes compulsory. Right people, with right skills in the right seats are not all that an organization needs to succeed. Good management is not about signing contracts, assigning jobs and owning a company, rather it is about proper correspondence and coordination and requires involvement of all organization units to work together.</span></p>
<p class="Default">
	&nbsp;<img alt="" border="1" height="161" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/coordination.gif" vspace="10" width="114" /></p>
<p class="Pa8" style="text-align:justify;text-indent:14.0pt">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">According to Dick Carlson, effective coordination is acquired through four important stages and they are:-<br />
	<br />
	a. Communication – Understanding<br />
	b. Timing – Appropriateness<br />
	c. Flexibility – Sensitivity<br />
	d. Control – Discipline &amp; Motivation <br />
	</span></p>
<p class="Pa8" style="text-align:justify;text-indent:14.0pt">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:"><br />
	</span></p>
<p class="Pa8" style="text-align:justify;text-indent:14.0pt">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">Coordination is different yet inseparable from cooperation. While coordination is bringing together the efforts of diverse mechanism within an organization to provide them unity of purpose; cooperation refers to the shared but intended efforts of people to carry out a meticulous objective. Cooperation works to ease coordination within a team or organization as a whole.. It is unanimously said that “Cooperation without coordination has no fruit and coordination without cooperation has no root”. Thus, cooperation and coordination must go hand in hand with a clear understanding that one is the stepping stone for the other. An effective manager needs both. The management seeks to achieve coordination through its imitative moves e.g. planning, organizing, staffing, commanding and controlling. Conciliation with external situations, scheming internal circumstances and motivation of people resources are integral, coordinating functions of management. The performance of the management depends much on coordination than any other element. <br />
	<br />
	<br />
	<img alt="" border="1" height="151" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/management.gif" vspace="10" width="227" /><br />
	</span></p>
<p class="MsoNormal">
	<span myriad="" style="font-size:10.0pt;
mso-bidi-font-family:">In any enterprise, coordination leads to facilitate:</span><br />
	 </p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;
mso-fareast-font-family:"><span style="mso-list:Ignore">a.<span new="" style="font:7.0pt " times="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></span></span><span myriad="" style="font-size:10.0pt;mso-bidi-font-family:
">Team Spirit: By encouraging people to work in a team and achieve the common goal.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">b. Better Accomplishment: With proper direction and management of time and energy.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">c. Cost Effectiveness and Efficiency: By automatically generating concern about control of wastage (Process &amp; resources). This minimizes delays and break downs and leads to optimum utilization of resources.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">d. Motivation: By encouraging employees to take initiatives which eventually enhances job satisfaction.. It inevitably results in better performance of the company as a whole.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">e. Improved Human Relations: by minimizing the conflicts, rivalries and other organizational issues. With clarity that comes along, working is always smooth and productive.</span></p>
<p class="MsoNormal">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">f. Goals Integration: by bringing uniformity in understanding of organizational goals and common effort required to achieve it. Coordination is a process that applies only to group activities. It does not apply to individual activities. Coordination also requires deliberate efforts like:</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">a. Well Defined Objectives: Clarity &amp; common understanding of the objective makes it attainable and hence, coordination succeeds only if the organization has defined its objectives well.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">b. Effective Chain of Command: Chain of command is the interlink or chain link of authority and reporting relations. This link connects all the members from top to bottom by duly defining reporting relations as superior/supervisor and subordinate. This results in effective control and communication.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">c. Continuous &amp; Accurate Programs and Policies: It focuses on long term planning for human capital strategic perspective around integrated product &amp; services. Thus, coordination time bound rather is a continuous process. It must continue at each level from inception i.e. planning, organizing, directing and controlling until the business sustains.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">d. Effective Communication: Coordination can succeed only with effective communication. All barriers and gaps at each level must be eliminated in the communication process. Proper communication helps to avoid misunderstandings and helps to build consensus to achieve goals.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">e. Effective Leadership: Leadership is a means to realize the outcome of coordination and efficient allocation of resources. The importance of coordination is stressed to improve the value of collaborative activities. Effective leadership strategies derive their power from effective strategies and transformational power of a compelling vision rather than from hierarchy, rank or standard operating procedures.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">f. Cooperation: Cooperation is the hall mark for a corporate culture. Accomplishment of an ultimate goal requires mutual cooperation. To secure coordination around a business destination, maintenance of cooperation amongst functions, teams and individual employees is essential. Since cooperation is one of most important element in assisting coordination, upkeep of sustained cooperation is important.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">g. Mission Driven Work Teams: Also termed as “self managing” teams, it represents teams with interdependence and joint responsibility for outputs among the members. It has been considered as a revolutionary approach to organize and perform assignments. It integrates the need of people with work to be done and that is encouraged through coordination.</span></p>
<p class="Default">
	 </p>
<p class="MsoNormal">
	<span myriad="" style="font-size:10.0pt;
mso-bidi-font-family:">It is suggested by management scientists that the implementation processes range from the simplest to the most complex. Here are a range of these processes:</span><br />
	<br />
	 </p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;
mso-fareast-font-family:"><span style="mso-list:Ignore">i)<span new="" style="font:7.0pt " times="">&nbsp; </span></span></span><span myriad="" style="font-size:10.0pt;mso-bidi-font-family:
">Standards: A set of expectations and measures across organizations, i.e. performance standards or management.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">ii) Information: Learning and knowledge sharing through database, case studies or site visits.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">iii)Expertise: Sharing expertise and competence through people (expert) movement from one to the other location/unit in view of the best use of the talent available.</span></p>
<p class="Default">
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">iv)Authority: Problem solving or trouble shooting among cross functional teams through sharing authority.</span></p>
<p>
	<span myriad="" style="font-size:10.0pt;mso-bidi-font-family:">v) Cost Economy: Leader shares knowledge around achieving goal that controls cost through integration of business processes. </span></p>
<p class="Default">
	 </p>
<p>
	<span myriad="" style="font-size:10.0pt;
mso-bidi-font-family:">Coordination is a valuable yet intangible tool. Businesses seeking success must ensure application of coordination that includes ability to set standards, share information, transfer expertise, allocate authority, improve business processes and deliver innovation and design. All the functions of management are affected by coordination. It encourages team spirit, gives proper direction to the organization and motivates employees as well as makes proper use of the resources. Hence, it is an essential element for the survival, growth and profitability of any organization. </span></p>
<p class="MsoNormal">
	 </p>
<p class="MsoNormal">
	 </p>
<p class="MsoNormal">
	<strong>&nbsp;</strong></p>
<p class="MsoNormal">
	<strong><span style="font-size:8.0pt;line-height:115%;color:#211D1E">Dr Karna is the Executive Chairperson of MARK Business Solutions Pvt Ltd. The article is based on various research reports and his practical experiences as management practitioner.</span></strong></p>
<p class="MsoNormal">
	 </p>',
			'published' => true,
			'created' => '2012-12-17',
			'modified' => '2013-01-22',
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			'description' => 'Good management is not about signing contracts, assigning jobs and owning a company, rather it is about proper correspondence and coordination and requires involvement of all organization units to work together.',
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	(int) 12 => array(
		'Article' => array(
			'id' => '750',
			'article_category_id' => '76',
			'title' => 'Cycling Thrills',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<strong><span style="font-size:14px;">By Abha Dhital</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	<img alt="youths " border="1" height="181" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/youths_featured.jpg" vspace="10" width="338" /><br />
	</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	</span></strong></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:
59.0pt">T</span><span style="font-size:10.0pt;color:#221E1F">he roads of Kathmandu have increasingly begun to witness a new passion emerging among young health enthusiasts. These people set out for a minimum of three to six hours excursion every weekend. In their jerseys, shorts and helmets, riding their super chic mountain bikes they always manage to become head turners for the locals. Yes, cycling is the new, prominent and perhaps expensive leisure pursuit that young people are increasingly opting for today. One particular group – C’mon Cyclists –takes cycling very seriously despite all the fun they have. C’mon Cyclists is a growing group of 15 young men who make it a point to ride to a foothill every Saturday. If only time allowed perhaps they would ride more often. But six hours a week is generally all they can afford because these cyclists are mostly young executives.</span></div>
<div>
	<br />
	<img alt="youths" border="1" height="155" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/youths.jpg" vspace="10" width="400" /><br />
	 </div>
<div style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:10.0pt;color:#221E1F">Before cycling turned into a regular activity for C’mon Cyclists back in 2009, it began as a natural excuse for a get-together between four-five friends. Given the busy, hectic life they lived, it used to be a recreation for them. As the group started growing and their muscles stopped cramping, they realized it was not just about meeting friends. They started acknowledging cycling as an intense workout and a daring passion. Almost </span><span 000="" 600="" a="" about="" adventure="" also="" and="" be="" best="" between="" build="" burn="" busy="" but="" calorie="" calories="" can="" capacity="" cardiovascular="" considered="" cycling="" depending="" div="" down="" every="" exercise="" exercise.="" fit="" fit.="" friday.="" from="" have="" having="" he="" helps="" hour="" i="" improves="" in="" is="" it="" keep="" limited="" lung="" mandir="" muscles="" not="" of="" on="" over="" part="" per="" re="" realized="" rides="" s="" says="" shrestha="" span="" speed="" stay="" strengthens="" style="font-size:10.0pt;Myriad Pro" sunday="" that="" the="" them="" they="" three="" through="" to="" topography="" usually="" who="" wholesale="" without="" years="" you="" your="">Cycling is a sport that contributes to an overall sense of happiness and well being, factors that are very important for the young leaders. While offering a sense of challenge and adventure, cycling can also teach you a lot of skills that could be used in the business profession. Cycling has team work at its core; cyclists know that to succeed they have to ride as a team and in one pace. At certain intervals, each rider becomes responsible for pulling the group, and others follow close behind. Like any business, cycling demands shared responsibility and collaboration that contributes to a faster, stronger and more motivated team. Hence, cycling skills can always be applied to business and management and thus, these cyclists have been implementing them .Cycling is also about getting out of your comfort zone and building self reliance. In addition to being fun and bringing cyclists closer to the nature, it offers a surplus of physical, emotional and social benefit to those who partake. No wonder, cycling is growing only more popular.</span></div>
<div>
	 </div>
<div style="text-align:justify">
	<span a="" about="" admit="" adventure="" all="" along="" also="" although="" an="" and="" any="" are="" around="" asked="" at="" be="" because="" bhanjyang="" careful="" chandan="" city.="" come="" comes="" concern="" country="" cycle="" cycling="" cyclists="" definitely="" destinations="" destinations.="" div="" dogs="" favorite="" five-10="" foothills="" foothills.="" for="" fun="" have="" he="" his="" in="" including="" inexpensive="" instantly="" is="" kathmandu="" kilometers="" lack="" lakure="" lanes="" like="" limited="" little="" magnificent="" most="" nagarjuna="" name="" nepal.="" not="" of="" off="" on="" other="" outside="" perform="" places="" popular="" price.="" range="" regarding="" riders="" risk="" risks="" road="" says="" shivapuri="" some="" span="" spectacular="" stunts.="" style="font-size:10.0pt;Myriad Pro" t="" talking="" tamrakar.="" that="" the="" their="" these="" they="" this="" to="" vehicles="" very="" voices="" we="" when="" with="">When you look at the riders in their jerseys and shorts, helmets and shoes you might wonder if they are merely making a style statement. Partly yes, cycling is in fact stylishly sporty but mostly; all the apparels and equipments are used for a reason. So much so that as cycling becomes increasingly popular, it could as well be a major economic influence in a country like Nepal. When it comes to cycling, there are a number of equipments that are totally worth investing on. The complete gear with apparels and tools ranges from Rs 30,000 to Rs 50,000 in cost. The cycle itself usually costs in the range of Rs 100,000–200,000 on an average. </span></div>
<div>
	 </div>
<div>
	 </div>
<div style="text-align:justify">
	<span a="" and="" apparels="" are="" besides="" bike="" course.="" cycling="" div="" for="" here="" is="" list="" mountain="" of="" required="" span="" style="font-size:10.0pt;Myriad Pro" that="" the="" tools="">The complete cyclist “must haves”: </span></div>
<div>
	<strong><br />
	</strong></div>
<div>
	 </div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 1.="" are="" away="" body.="" but="" comfortable="" div="" draw="" from="" help="" important="" is="" it="" jersey:="" jerseys="" might="" more="" most="" mostly="" note="" people="" prefer="" span="" style="font-size:10.0pt;Myriad Pro" sweat="" t-shirts="" that="" the="" these.="" to="" wearing="" will="" you="" your="">2. Shorts/ Tights: These help absorb sweat and allow you a comfortable ride. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 3.="" cold="" conditions.="" div="" important="" in="" is="" jacket="" jacket:="" re="" riding="" span="" style="font-size:10.0pt;Myriad Pro" when="">4. Base Layer: Base layer is useful when you’re riding in the cool weather. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 5.="" all="" are="" barrier="" cold.="" div="" from="" in="" mostly="" protect="" span="" style="font-size:10.0pt;Myriad Pro" these="" useful="" vest:="" you="">6. Socks: It is important to wear socks as they prevent your feet from getting blisters and cold. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 7.="" and="" by="" caused="" cycling.="" div="" gloves:="" hands="" protect="" reduce="" soreness="" span="" style="font-size:10.0pt;Myriad Pro" they="" your="">8. Helmet: Although cycling is fun, it cannot be taken for granted as mountain biking can prove to be dangerous. Needless to say, helmet is an essential. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 9.="" any="" biking="" div="" do.="" good="" grip.="" just="" mountain="" need="" shoes="" shoes:="" span="" sports="" style="font-size:10.0pt;Myriad Pro" t="" with="" you="">10. Glasses: These protect your eyes from dust, sun and everything else that might obstruct your ride. Many come with interchangeable lenses for different occasions. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 11.="" a="" allows="" as="" camelbak="" camelbak:="" div="" drink="" drinking="" hydrated="" important="" make="" might="" more="" pausing="" re="" ride.="" riding.="" s="" span="" stay="" style="font-size:10.0pt;Myriad Pro" that="" the="" to="" use="" well="" while="" without="" you="">12. Headlights: Lights spare you the mysteries and accidents of the dark. </span></div>
<div style="margin-left:14.0pt;text-align:justify">
	<span 13.="" and="" are="" as="" could="" div="" if="" it.="" judge="" obsessed="" span="" speed="" speedometer:="" style="font-size:10.0pt;Myriad Pro" to="" use="" want="" well="" with="" you="" your="">14. Tool Kit: Punctures are inevitable and hence you should always be prepared. Always carry a pump and puncture repair kit. You can also buy a multi tool. </span></div>
<div>
	 </div>
<div>
	 </div>
<div>
	<strong><span style="font-size:10.0pt;line-height:115%;Myriad Pro" ;color:#221e1f"="">(Note: Commencal, Trek and Giant are some recommended brands for cycling apparels and equipments)</strong></div>',
			'published' => true,
			'created' => '2012-12-13',
			'modified' => '2013-05-24',
			'keywords' => '',
			'description' => 'Cycling is the new, prominent and perhaps expensive leisure pursuit that young people are increasingly opting for today.',
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	(int) 13 => array(
		'Article' => array(
			'id' => '749',
			'article_category_id' => '57',
			'title' => 'Brand Talk November 2012',
			'sub_title' => '',
			'summary' => null,
			'content' => '<div>
	<span style="font-size:14px;"><span style="line-height: 115%;"><img alt="brand talk" border="1" height="181" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/Brandtalk_nov2012.jpg" vspace="10" width="338" /><br />
	<br />
	<strong>Brand Talk</strong></span></span></div>
<div>
	<strong><span style="font-size:14px;">By Sajag Karki</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	<img alt="Brand Talk" border="1" height="215" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/KFC(1).jpg" vspace="10" width="400" /><br />
	<br />
	<br />
	</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><span style="line-height: 115%;">The KFC Legacy</span></span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	</span></strong></div>
<div>
	<strong><span style="font-size:14px;"><span style="line-height: 115%;">The cult status earned by KFC can be credited to its very appealing logo.</span></span></strong></div>
<div>
	<strong><span style="font-size:14px;"><br />
	</span></strong></div>
<div style="text-align:justify">
	<span style="font-size:14px;">Kentucky Fried Chicken (KFC) is the world’s largest chain of fried chicken fast food restaurants. Headquartered in Kentucky, USA, this popular brand has its presence in over 17,000 locations worldwide including Nepal. The founder of the restaurant is Colonel Harland Sanders whose image has been used extensively in the branding including its logo. KFC enjoys salience of providing desired food at a reasonable price. It boasts an extensive menu which includes signature dishes like grilled chicken, potato wedges, rolls, French fries, soft drinks, salad and dessert among others apart from its very famous fried chicken. Kids and teens especially flock around its outlets enjoying big buckets of fried chicken along with spicy wings and drinks while creating good memories with friends and family. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">The cult status earned by KFC can be credited to its very appealing logo. The red and white combination logo prominently features Colonel Sanders in white goatee, and string tie, smiling behind his classic thick-rimmed glasses. The logo is quite welcoming for the customers and creates a favorable impression. Currently, KFC is using the tagline “So Good”, the zest of which is to encapsulate the addicting taste of it. The advertisement campaigns are also in line with the tagline. Its other popular taglines used are “Finger licking good” and “Follow your taste” which summarizes the personality of the brand. There are various factors associated with KFC which has made it an iconic brand: </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">The Secret Recipe: KFC’s founder Colonel Sanders’ “Original Recipe” of 11 herbs is said to have remained a valuable trade secret. The secret recipe is also one of its unique selling proposition (USP) by which it has been able to keep competition at bay. It is because of this recipe that KFC has been able to maintain the taste of its delicacies consistent throughout its outlets all over the world. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">Consistent Branding: KFC, as a brand, represents fun, simple and delicious fried chicken that can be enjoyed by anyone from youngsters to senior citizens. It has maintained a remarkably consistent brand identity over the past 50 years channeling all its efforts into Colonel Sanders’ image. It also provides the utility value of fast food convenience for the fast paced lifestyle that people have in a lot of countries. Its red color symbolizes fun, excitement, passion and desire for delicious food. Despite its several health and animal cruelty controversies, KFC has managed to battle against all odds and remains strong in the hearts of its customers. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">KFC Grilled Chicken: After complaints against KFC having an adverse effect on people’s health were made, a newer version-KFC Grilled Chicken was launched. This range of KFC is grilled and healthier than its fried counterpart. This shows the company’s commitment towards the health of its customers and a quick response strategy to tap the healthy market segment. The new range of KFC Grilled Chicken should be working wonders as it retains the brand value of great tasty chicken along with the added health benefit. </span></div>
<div>
	<span style="font-size:14px;"><br />
	</span></div>
<div style="text-align:justify">
	<span style="font-size:14px;">The craze for KFC could be seen with a large number of people flocking towards its outlet in Durbarmarg when it first opened its doors in Kathmandu. This was an example of the overwhelming response from its patrons all over, as KFC is a synonym for quality. With great promotion and publicity, the KFC brand has become even more trustworthy and reliable. Hence, its legacy is unprecedented and is sure to grow in the foreseeable future. </span></div>
<div>
	<span style="font-size:14px;"><strong><br />
	</strong></span></div>
<div>
	<span style="font-size:14px;"><strong><span style="line-height: 115%;">Karki can be reached at sajag_karki@hotmail. com. The article is based on research and author’s practical experience as a marketing and advertising professional.</span></strong></span></div>',
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	<strong><span style="font-size:16px;"><span style="line-height: 115%;">Liquor Licensing</span></span></strong><strong><span style="font-size:16px;"> </span></strong></p>
<p class="MsoNormal">
	<strong><span style="font-size:16px;"><span style="line-height: 115%; font-family: &quot;Myriad Pro&quot;,&quot;sans-serif&quot;;">The government has decided to allow establishment of new distilleries and breweries.<br />
	<br />
	<br />
	<img alt="liquor" border="1" height="143" hspace="10" src="http://newbusinessage.com/ckfinder/userfiles/Images/liquor(1).jpg" vspace="10" width="400" /></span></span></strong></p>
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	<span style="font-size:14px;"><span class="A15">T</span><span style="color: rgb(34, 30, 31);">he decade-long ban on issuing licenses to new distilleries and breweries is finally lifted by the government. It has now decided to allow establishment of new distilleries and breweries if they comply with a new 10-point standard set by the government. Ram Sharan Chimoria, Spokesperson at the Department of Industry (DoI), said that the Ministry of Industry (MoI) took the decision on October 7. Around 150 applications for registering new liquor industries are already received. </span></span></p>
<p class="Pa10" style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">“The government had stopped issuing licenses to new liquor manufacturers for more than a decade,” Chimoria said, “Licenses will now be issued but only to those who comply with the new standards.” He added that the move will help regularise the liquor industry. The government had stopped the registration of new liquor industries in 2001, citing environmental and health reasons. The Maoist campaign against liquor drinking habits during the decade-long armed movement was the major but undeclared reason for the ban. </span></span></p>
<p class="Pa10" style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Although the ban was imposed, the liquor market and the trend of drinking had not slowed down until the traffic police began a campaign against drunk driving. According to experts, the increasing trend of alcohol import had a hand in the resumption of issuing licenses for producing liquor within the country. </span></span></p>
<p class="Pa10" style="text-align:justify;text-indent:14.0pt">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Rabi KC, President of Nepal Liquor Manufacturers’ Association (NLMA), said, “The government’s move is positive.” However, he suggested that the benchmark should have been set even higher. “The new requirement of Rs 500,000 as deposit is low. Even a small liquor industry has a huge annual turnover, so the deposit amount should have been higher,” he adds. He further said that it would be appropriate to ask for a bank guarantee of Rs 5 million to Rs 10 million while issuing excise duty license by the Inland Revenue Department. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">KC depicts a very bad picture existing in the industry and says that out of the 52 registered factories, only 42 are in operation. Most of the liquor producers have not used even 25 per cent of their installed capacity, he adds. “They are struggling for their existence. In such a situation, what would be the future of the existing ones if 40 to 50 new industries are added?” he asks. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">With home-made liquor enjoying a strong presence, the market to be shared by all the companies is small. “So, there is a possibility of the entire industry going through a slump when new industries come in,” he predicted. However, he conceded that issuing new licenses to liquor producers cannot be denied in an open economy. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;"><span style="color: rgb(34, 30, 31);">As per the new standards, industrialists have to deposit Rs 500,000 along with an application at the DoI to get the license. The investors’ deposits will be refunded if they either fail to get the license or present evidence of starting production. There is also a provision of seizing the deposit if an industry fails to comply with the new standards. On the other hand, the existing industries need to deposit Rs 300,000 to increase their production capacity. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">According to the new standards, if the license is issued in the name of an individual, s/he should register the company within 30 days of getting the license. Such individuals must hold at least 20 per cent shares of the liquor company to be registered. Similarly, investors are not allowed to sell these shares before the deposit is refunded. If any investor is found selling the shares before getting the deposit refund, the government can either seize the deposit or mete out other punishments as per the Industrial Enterprises Act (IEA) 1992. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">For breweries and distilleries, including the bottling plants, there is the provision of concluding the construction and starting production within three years of getting the license. The time limit for starting a blending and bottling plant is two years. However, the DoI can extend the period by six months after evaluating the progress made by a company. Such six-month extension can be made twice. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">If an industry is unable to start its operation within the given period, there is a provision to dissolve the industry according to Section 25 of the IEA 1992. It is also necessary to establish an appropriate lab for quality control as stated by the new standards. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Distilleries using local grains as raw material can use a maximum of 10 per cent local grains for their production. If they need more, they have to import. Likewise, foreign direct investment (FDI) will not be allowed in industries producing liquor of lower quality than 30 degree UP, according to the new provision. This means FDI is not allowed in 40 degree UP or 60 degree UP. </span></span></p>
<p class="Pa10" style="text-align:justify">
	<span style="font-size:14px;">&nbsp;<span style="color: rgb(34, 30, 31);">Similarly, such industries must be at least 500 metres away from cultural heritages of national importance, hospitals, schools and national parks. The breweries and distilleries must have a minimum area of three hectares. The area should be at least one hectare for bottling-only plants. </span></span></p>
<p class="MsoNormal">
	<span style="font-size:14px;">&nbsp;<span style="line-height: 115%; color: rgb(34, 30, 31);">KC said, “In Nepal, 80 per cent market share is held by Nepali products.” However, 50 per cent liquor consumed in Nepal is supplied from household production.</span></span></p>
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Currency	Unit	Buy	Sell
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