Is it the right time to enter the Indian retail market and the best entry mode It is the right time to enter the Indian retail market‚ there are some reasons can account for this phenomenon: (1) Due to over 10percent of the country’s GDP and around 8pecent of employment‚ retail is the largest industry in India. (2) Driven by strong income growth‚ changing lifestyle‚ favourable demographic patterns‚ and more and more young people live in India they likely to accept large and modern shopping mall
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Topic: Flexibility within the workforce is essential to maintain a competitive advantage. Discuss this statement with reference to an organization of your choice 1. Introduction: Human resource is one of the most important factors that decides the survival and success of a company. Like every department in a company‚ Human resource management needs to modify frequently during time to adapt to the continuous changes in external environment. The external changes are as Human Resources and Skills
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needs and wants‚ so that by segment the market‚ the organization can identify which customers that can match with their products and services. In Dell‚ the segmentation is a backbone for them. There are two segmentation criteria in Dell; segmenting consumer market and segmenting business market. In the segmenting consumer markets‚ there are geographic‚ demographic‚ socio-economic‚ behaviour and psychographic segmentation. In Dell‚ the purpose to segment the consumer markets is focus to the personal
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Approach to Reducing Taylor Studio‚ Inc.’s Payroll Cost Taylor Studios‚ Inc.‚ a corporation in which we are the sole shareholder‚ has been facing some tough economic times. Recently the corporation’s accountant has advised us‚ the sole shareholders of the company were having a hard time keeping up with their expenses. The accountant has asked that we develop a plan which will assist the corporation in reducing payroll costs by 25%. In trying to figure out a way to reduce payroll costs‚ we have
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the 21st century‚ workforce diversity has become an essential business concern. In the so-called information age‚ the greatest assets of most companies are now on two feet (or a set of wheels). Undeniably‚ there is a talent war raging. No company can afford to unnecessarily restrict its ability to attract and retain the very best employees available. Generally speaking‚ the term “Workforce Diversity” refers to policies and practices that seek to include people within a workforce who are considered
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Recommendations (1) Dell has to keep their simplicity into business models instead of creating it in complete way. (2) Dell should take serious consideration about their customer service in online marketing platform‚ not only providing many kinds of user engagement but they have to maintain it as well. (3) Dell should be more creative into their design features customization to attract more customers. Strengths 1. Good business model 2. Low inventory cost 3. High market shares 4. Customizable
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of the workforce. The world is changing. Demographic shifts of the current pattern‚ influenced by choices made by double income no kids families. There is an increasing reality of older‚ matured and more tenured employees staying in the workplace longer. In the context of an ageing population in some geographies and younger generational’ employee critical mass’ at another geographical location‚ there are seemingly contradictions to the way in which talent has to be managed. In just over 10 years
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How would you recommend we go about reducing the turnover in our stores? Whether the organization has one employee or 100‚ recruiting and retaining plays a very important role in an organization’s efficiency and profitibility. High employee turn over affects companies in a number of ways. Since every minor detail cannot be documented‚ when an old timer leaves‚ he takes with him a major share of valuable organizational knowledge with him. These people also boosts up the morale of the fellow
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Workforce Diversity and the impact SHRM has towards Competitive Advantage Workforce Diversity covers a wide variety of differences‚ which include race‚ gender‚ age‚ culture‚ nationality‚ religion‚ sexuality‚ interests‚ needs and desires (Hartel & Fujimoto‚ 2000). In order to explain workforce diversity in depth‚ this essay will utilise Race/Ethnicity as the key diversity characteristic‚ discussing the various theories and practices used in Strategic Human Resource Management (SHRM) to develop
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conclusions about Dell’s performance. Selected Financial Statement Data for Dell Inc.‚ Fiscal Years 2000 – 2008 (in million‚ except per share data) | February 1‚ 2008 | February 2‚ 2007 | February 3‚ 2006 | January 28‚ 2005 | January 30‚ 2004 | February 1‚ 2002 | January 28‚ 2000 | Results of Operations | | | | | | | | Net Revenue | 61‚133 | 57‚420 | 55‚788 | 49‚121 | 41‚327 | 31‚168 | 25‚265 | Cost of Revenue | 49‚462 | 47‚904 | 45‚897 | 40‚103 | 33‚764 | 25‚661 | 20‚047
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