Journal of Business Administration and Management Sciences (JOBAMS) http://jobams.smiu.edu.pk/index.php/jobams <p><strong><u>About the Journal</u></strong></p> <p>Journal of Business Administration and Management Sciences (JOBAMS) is HEC recognized Y-Category, double-blind peer-reviewed, and open-access journal, published online bi-annually by the Department of Business Administration, SMI University, Karachi. JOBAMS publishes articles on a variety of fields of management sciences. It welcomes rigorous research articles on modern trends, issues, and empirical solutions to the problems of management sciences and it also encourages articles on theory-building in the field of management sciences. Particularly, it focuses on the studies of Human Resource Management, Marketing, Finance, Entrepreneurship, Economics, Business Ethics and Sustainability, Organizational Behavior, Corporate Governance, and General Management. JOBAMS intends to publish research on management sciences to advance theoretical development and to bring the scientific exploration of problems and their empirical solutions. It aims to provide research to facilitate academia and industry to collaborate and&nbsp;grow&nbsp;mutually.</p> <p>&nbsp;</p> en-US jobams@smiu.edu.pk (Prof. Dr. Zahid Ali Channar) Sun, 30 Jun 2024 00:00:00 +0000 OJS 3.1.1.4 http://blogs.law.harvard.edu/tech/rss 60 Assessing the Impact of COVID19 Pandemic on the Stocks and Commodity Market Performance and Sustainability. An Empirical Evidence from Pakistani Context http://jobams.smiu.edu.pk/index.php/jobams/article/view/122 <p><span class="fontstyle0">This research is aiming at studying the effect of COVID-19 outbreak on Pakistan's stock and commodity markets. This study has involved the use of secondary data regarding the daily closing prices of the Pakistan Stock Exchange index (PSX) and closing prices of gold and oil from the Pakistan Mercantile Exchange (PMEX) of Pakistan. The reason for assessing these commodities is that they are highly volatile as compared to other factors. However, results of this study indicated that COVID-19 pandemic has got significant and negative effect on Oil prices and the stock market performance as well. On the other hand, the study also found that there is a noticeable impact of COVID-19 on gold prices. The overall outcome of this study show that the occurrence of COVID-19 caused the stock market to drop temporarily but then it began to stabilize gradually. In addition, the findings of this research can aid speculators to forecast the future of the stock and commodity markets in the face of the epidemic.</span></p> Bilal Irfan ##submission.copyrightStatement## http://jobams.smiu.edu.pk/index.php/jobams/article/view/122 Sun, 30 Jun 2024 00:00:00 +0000 Optimizing Inventory Management: A Comprehensive Analysis of Economic Order Quantity, Lot Size, Safety Stock, and Reordering Quantity Strategies http://jobams.smiu.edu.pk/index.php/jobams/article/view/123 <p><span class="fontstyle0">Inventory management plays a critical role in business operations by ensuring efficient organization to avoid overtime costs, production rate fluctuations, unnecessary subcontracting, high deal expenditures, and delayed purchase penalties during peak demand periods. This study aims to leverage insights from inventory data to optimize lot sizes for materials procured from vendors, aligning them with the firm's capacity. It also addresses safety stock, maximum inventory level, and reorder quantity. The application of Economic Order Quantity (EOQ) models has proven beneficial across various sectors like marketing, automotive, pharmaceuticals, and retail, offering a comprehensive solution in a simplified format to understand inventory system dynamics. This model enables a straightforward calculation of the most cost-effective order quantity, benefiting both retailers and distribution centers by minimizing overall expenses.</span> </p> Mahrukh Siraj, Asad Naseem, Muttahira Maryam, Javeria Asad ##submission.copyrightStatement## http://jobams.smiu.edu.pk/index.php/jobams/article/view/123 Sun, 30 Jun 2024 00:00:00 +0000 Exploring the Antecedents and Consequences of Deteriorating Mental Health of Health Workers http://jobams.smiu.edu.pk/index.php/jobams/article/view/124 <p><span class="fontstyle0">The purpose of our research is to investigate the factors leading to the decline in mental health among healthcare workers and to explore the resulting consequences. By delving into these aspects, we aim to illuminate the factors that can bolster healthcare professionals' mental and emotional well-being, thereby enhancing overall healthcare delivery. The research utilized a qualitative approach, employing semi-structured interviews and surveys as primary data collection methods. These methods were strategically implemented across various healthcare centers to ensure a diverse representation of healthcare workers. Through semi-structured interviews, participants were encouraged to share their experiences, perceptions, and challenges related to their mental health and well-being in healthcare. Twelve interviews were collected from healthcare organizations to view the insights and analyze the data. Our study reveals the challenges faced by healthcare workers in their daily lives. From personal to professional, they earn a low salary despite giving 100% in their professional life; they even work overtime, which disturbs their family life as well. Hospitals should organize training and counseling for healthcare workers and provide them valuable salary packages along with paid holidays to consider the importance of the mental health of healthcare workers. That is why no one will go abroad, so we have enough healthcare workers willing to serve in our beloved country, and that is the only way to overcome the shortage of healthcare workers.</span></p> Mohammad Owais, Bakhtawar Shehzad, Tanzeela . ##submission.copyrightStatement## http://jobams.smiu.edu.pk/index.php/jobams/article/view/124 Sun, 30 Jun 2024 00:00:00 +0000 Financial Literacy and Factors Affecting Investment Behavior http://jobams.smiu.edu.pk/index.php/jobams/article/view/125 <p><span class="fontstyle0">The purpose of the study that in this high inflation investors want to get more return on different mode of investment while financial literacy is more important on investment when asset allocation and investigate an effect of risk perception, loss aversion &amp; over confidence on the decisions regarding investment and identifies the moderation role of financial literacy on the dependent variable. Data was collected from 205 investors from all over the Pakistan the partial least square technique is used to test the relationship using the 205 investors. We applied the bootstrapping method to estimate the coefficient path of the relationships. It is important for the Investors in Pakistan to see the Economic Situation you need to portfolio of investing whether is commodities or stocks or property they get for good return. Financial Literacy is important role for the investors. This research provides insights in the sense that the financial literacy appeared to have the significantly affecting the decision making regarding the investment. Overall evidence indicates that investors are hesitant to make higher-risk investments. It also explains how a lack of financial literacy affects the capital market participation. It has also been found that the male is riskier rather than female.</span></p> Muhammad Saad Jawed Munshi, Ali Akber, Jawwad Khan ##submission.copyrightStatement## http://jobams.smiu.edu.pk/index.php/jobams/article/view/125 Sun, 30 Jun 2024 00:00:00 +0000 Analysing How Mohalla Committees Contribute to Maintaining Law and Order, Shaping Socioeconomic Dynamics, and Autonomously Addressing Local Administrative Challenges: A Case Study Of Orangi Town, Karachi http://jobams.smiu.edu.pk/index.php/jobams/article/view/126 <p><span class="fontstyle0">The research focuses on role of Mohalla committee in the maintenance of the security, management of socioeconomic statuses and the addressing of local management issues in Orangi Town, Karachi. Using a blend of quantitative, research was carried out among the residents and stakeholders through the surveys. The study showed significant links between socioeconomic situations, local boards and the provision of peace and security. The results shows that the socioeconomic issues and the governance limitations were crucial hindrance. The outcomes shows that a multidimensional strategy needs to be considered in local government and neighbourhood programs in informal settlements.</span> </p> Muhammad Yousuf Munir, Abdul Aleem Qureshi, Naveed Khan ##submission.copyrightStatement## http://jobams.smiu.edu.pk/index.php/jobams/article/view/126 Sun, 30 Jun 2024 00:00:00 +0000