Describe the structure and organisation of the retail sector Retailers provide a service to customers at a profit. They are able to do this since the aspects of retailing – operating from an appropriate location‚ offering attractive product variety‚ ensuring enough stock is available to meet demand – add value to the products bought from suppliers and eventually sold to customers. Retailers cut their bulk deliveries from suppliers so individual customers can buy the quantity they require – very
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P1 Describe the structure and organisation of the retail sector M1 Compare the function of formats and locations in retailing 1. Retailing Defined “The sale of goods to ultimate consumers‚ usually in small quantities” Source: www.dictionary.reference.com “The activities involved in the selling of goods to ultimate consumers for personal or household consumption” Source: www.merriam-webster.com Retailing is the selling of goods directly to the consumers; this can be achieved in many locations
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IDBI BANK LTD. | RISK AND TRUST IN RETAIL BANKING(Retail Asset) | Guided by: Mr. Akhilesh Prakash | Submitted by:SAURABH MEHTA Admission
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Unit 2: Business resources P1: Describe the recruitment documentation used in a selected organisation. If Tesco are looking to recruit workers to be behind the till and on the shop floor‚ first of all they will advertise the job role‚ they can do this in many ways today. They can advertise the vacancy in a newspaper‚ posters‚ website‚ web adverts. As the job role does not require very skilled and qualified people‚ the recruitment process will be a lot faster. When Tesco advertise the vacancy they
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Titration report Aim: The aim of the experiment was to see how much acid it took to neutralise the solution and make it turn clear from being pink. We used a titration as it allowed us to see exactly how much acid was needed to turn the solution clear. We did it four times so that we could have a preliminary run so we knew where abuts it was going to change so that our results were more accurate and reliable. Vocational context: Titrations would be used in many different types of industries for
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A report on two different organisations a public sector organisation ..................... and a private sector organisation ....................................... Introduction In this report you will learn about a public sector organisation‚ business activities & purpose etc. the organisation I have chosen to look at is the NHS (National Health Service). Public Sector Organisation – e.g. NHS The NHS (National Health Service) is a funded health service which was launched in 1948. The funds come
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Segments in the Indian Retail Industry | | |[pic][pic| |] | The retailing sector of India can be split into two segments. They are the informal and the formal retailing sector. The informal retailing sector is comprised of small retailers. For this sector‚ it is very difficult to implement the tax laws. There is widespread tax evasion. It is also cumbersome
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Organizational structure types[edit] Pre-bureaucratic structures[edit] Pre-bureaucratic (entrepreneurial) structures lack standardization of tasks. This structure is most common in smaller organizations and is best used to solve simple tasks. The structure is totally centralized. The strategic leader makes all key decisions and most communication is done by one on one conversations. It is particularly useful for new (entrepreneurial) business as it enables the founder to control growth and development
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traditionally protectionist stance and opening up its retail market to greater overseas investment. In 2007 it eased restrictions on foreign investment‚ allowing overseas retailers to own 51% of outlets as long as they sell only single-brand goods. • Government realizes the need of foreign investment to provide the infrastructure - the warehousing‚ distribution and processing operations - that are needed to upgrade India’s chaotic retail industry. An estimated 50% of the country’s fruit and
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Analytics in Retail Industry Submitted By: Group 7 ROLL NUMBER | NAME | 65 | Vishal Nigam | 57 | Shveta Dang | 48 | Riju Mathew | 38 | Padmanava Gupta | 36 | Nidhi Babbar | 27 | Kavita Chatterjee | Date: 23rd April‚ 2013 Contents 1. Executive Summary 2. Introduction 3.1. Analytics and Retail Industry 3.2. Indian Retail Industry – An overview 3. Prerequisites of Analytical Retail 4. Current Status of Implementation of Analytics in the Retail Industry
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