DocumentCode :
3151853
Title :
A methodology of finding investment opportunities in South Asia through data mining and decision analysis
Author :
Fahim-ul-Aqib, J.M. ; Manarvi, I. ; Ahmed, Jamil ; Khan, K. ; Zafar, Salman
Author_Institution :
Dept. of Manage. Sci., Iqra Univ., Islamabad, Pakistan
fYear :
2009
fDate :
6-9 July 2009
Firstpage :
1505
Lastpage :
1508
Abstract :
In a globally competitive business environment, South Asian countries are expected to play a major role on the basis of population, varying literacy rates, cheap labor, high unemployment and struggle of the people for better quality of life. It provides ample opportunities for enterprises and global businesses striving to use their home talent in developing knowledge and processes on one hand and wishing to keep their production at much lower costs through outsourcing. A development in mass transit and telecommunication has enabled foreign companies to run projects worldwide rather than in isolated quarters of their countries. South Asian countries also consider this situation to their benefit through leaning new techniques and processes. Under these circumstances, western enterprises have to be very selective for establishing collaboration programs with their South Asian partners. This activity has been going on among selective companies or governments from east and west at very slow pace. It has now been realized that moon colonies could only be transferred from concept to realities if production of automotives, and aeroplanes was taking place at cheaper labor rates. Present research has been focused on identifying economic factors that could act as basis of collaboration for both sides. This study is expected to help developed countries to identify countries to invest for better returns. Focuses would be on evaluating influence of economic factors such as population, unemployment, literacy and per capita income for establishment of such partnerships between west and east.
Keywords :
business data processing; data mining; investment; South Asian countries; business environment; cheap labor; data mining; decision analysis; economic factors; investment opportunities; literacy rate; mass transit; telecommunication; unemployment; Asia; Collaboration; Companies; Costs; Data mining; Environmental economics; Investments; Outsourcing; Production; Unemployment; Data mining; Investment Opportunity; Literacy Rate; unemployment Rate;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Computers & Industrial Engineering, 2009. CIE 2009. International Conference on
Conference_Location :
Troyes
Print_ISBN :
978-1-4244-4135-8
Electronic_ISBN :
978-1-4244-4136-5
Type :
conf
DOI :
10.1109/ICCIE.2009.5223684
Filename :
5223684
Link To Document :
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