applied to this industry McDONALD’S 1. Threat of substitute products Low-Moderate – Availability of the MCD products – Choose MCD for Easting and Entertainment – Narrows Threat of Substitutes due to introduction of local taste products. 2. Threat of new entrants HIGH – Regulation of Limit – Easy Access Market and Low start up cost – Example of SubWay’s market penetration 3. Intense rivalry among existing players HIGH – Very competitive Fast Food industry – Competitors
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NATIONAL BRANDS IN INDIAN RETAIL INDUSTRY 1. INTRODUCTION 1.1 INTRODUCTION TO INDIAN RETAIL INDUSTRY: The Indian retail industry is the fifth largest in the world. Comprising of organized and unorganized sectors‚ India retail industry is one of the fastest growing industries in India‚ especially over the last few years. Though initially‚ the retail industry in India was mostly unorganized‚ however with the change of tastes and preferences of the consumers‚ the industry is getting more popular
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Retail Marketing | Customer Relationship Management Report | 8744446 | Introduction: Its 2012 an era of recession‚ financial losses‚ downsizing and market saturations but how can one forget ASOS (as seen on screen) whose still busy in breaking the ice between customers and retailers‚ setting new standards into the bug of customer relationship management (CRM). According to a (Mintel 2011) report‚ ASOS was established in 2000
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INDUSTRY OVERVIEW The Indian Industry as a whole has given away a growth which is of positive but comparatively less than the previous year. For instance the Industry registered a growth of 7% in the month of April 2008 as compared to 11% growth registered in the same month of the previous year. In March 2008 industrial growth which was recorded was 3.9% the lowest in past 6 years. The growth slipped due to the sharp downfall in the manufacturing and specifically electrical sector to 7.5% and
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Retail Politics Retail Politics is a maximum that basically means it’s not who you know; it’s who you get to know that really matters. This effects American politics because it influences politics in a way that you have to physically go to someone and make a connection so you can get ahead and makes politicians put effort in creating relationships. Also this stagey makes it easier to convince a small amount of people than a large crowd. For example Lyndon B. Johnson created this mastery of person
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TOPIC: Impact of Indian Organized Retail Chains On Unorganized Retail Sector India is in the midst of a retail boom. The sector witnessed significant transformation in the past decade and that is unorganized family-owned retail formats to organized retailing. Many international brands have entered the market. With the growth in organized retailing‚ unorganized retailers are fast changing their business models. However‚ retailing is one of the few sectors where foreign direct investment (FDI) is
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Plea Bargaining Plea bargaining is extremely popular in our criminal justice system. In fact‚ 90 percent of all criminal cases are negotiated through plea bargains. The defendant‚ the victim‚ law enforcement officials‚ the prosecutor‚ and the state‚ all benefit in various and significant ways from plea bargains. In this paper I will discuss how plea bargaining ensures that the criminal justice system is not overrun by criminal cases. I will also explain what plea bargaining means and where it
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Independents An independent agent is usually family owned‚ they have been in the business for a long time and have years of experience and built up a lot of knowledge. They usually only have 1/2 branches and have a loyal customer base in their local area. Also they are independently owned. They are usually found in the back streets rather than on the high street or in shopping centres. An example of an independent agent is fails worth travel. The role of an independent travel agent is to sell holidays;
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Discuss how the objectives of the business influence the choice of stock management approaches INCREASED SALES AND PROFIT MARGINS Explain the possible sources of information for stock management PAST RETAIL SALES These are appropriate for stock management as they can see which products are preferred and how well they are doing. It can also help by giving Veggie Rocks the data for what consumers may want next month‚ therefore helping to improve future sales. CUSTOMER FEEDBACK Sales are a major
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Introduction 1 1.1 Topic 1 1.2 Background and Context of Study 1 1.3 Rationale of Study 2 1.4 Research Question 2 1.5 Research Objectives 2 1.6 Hypothesis 3 2 - Literature Review 3 2.1 Retail Industry (Retailing) 3 2.2 Definition of Strategy 4 2.3 Pricing Strategy 5 2.4 Types of Pricing Strategies 5 2.4.1 Penetration pricing 5 2.4.2 Skimming pricing 6 2.4.3 Competition pricing 6 2.4.4 Product
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