sunrise industries in India‚ closely following the IT and biotechnology industry. The boom in the sector started after the liberalization measures were initiated in 1991 in the country. Several large chains have entered the bandwagon and achieved fair to significant success. Indian retailing has evolved over the past decade‚ from largely an ‘informal’ and disorganized marketplace to an increasingly corporatised industry at least in the urban India. This is the largest among all the industries ‚accounting
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PANTALOON RETAIL (INDIA) IMPROVING CONTROL WITH THE SAP® GENERAL LEDGER APPLICATION QUICK FACTS Industry Retail Revenue Rs4‚776.33 (in crores) – around US$1.01 billion Employees 30‚000 Headquarters Mumbai‚ India Web Site www.pantaloon.com SAP® Solutions and Services SAP® General Ledger application‚ SAP General Ledger Migration service for subsequent implementation of document splitting tool Implementation Partner SAP Consulting Key Challenges • Improve financial tracking and reporting for all
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Retail Manager as TrainerBy Malcolm Fleschner‚ Monster Contributing Writer Since founding The Friedman Group‚ a global retail consulting and training organization‚ in 1980‚ Harry Friedman has heard plenty of excuses from retail store executives who refuse to provide much training to their front-line store employees. One of the most common is: "What if I train them‚ and they leave?" Friedman says this is the exact opposite approach they should take. He suggests a better question is‚ "What if I don
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Introduction India is in the midst of a retail boom. The sector witnessed significant transformation in the past decade from small-unorganized family-owned retail formats to organized retailing. Indian business houses and manufacturers are setting up retail formats while real estate companies and venture capitalist are investing in retail infrastructure. Many international brands have entered the market. With the growth in organized retailing‚ unorganized retailers are fast changing their business
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Features of Indian Rural Markets *Large and Scattered market: The rural market of India is large and scattered in the sense that it consists of over 63 crore consumers from 5‚70‚000 villages spread throughout the country. *Major income from agriculture: Nearly 60 % of the rural income is from agriculture. Hence rural prosperity is tied with agricultural prosperity. *Low standard of living: The consumer in the village area do have a low standard of living because of low literacy‚ low per capita
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members‚ research staff and doctoral students to speedily share their research findings with professional colleagues and test their research findings at the pre-publication stage. IIMA is committed to maintain academic freedom. The opinion(s)‚ view(s) and conclusion(s) expressed in the working paper are those of the authors and not that of IIMA. INDIAN INSTITUTE OF MANAGEMENT AHMEDABAD-380 015 INDIA IIMA INDIA Research and Publications Development of Modern Retailing in India: It’s
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“I would say that it is the explosiveness that I possess in my game. Like a crouching tiger waiting to pounce on it preys". -World No.1 Lee Chong Wei on being asked about what his badminton strength. Firstly‚ let us all congratulate Pandelela Rinong because she became our pride and joy when she created history by becoming the first Malaysian woman to win an Olympic medal. Then of course we must also salute Lee Chong Wei. Chong Wei fought all the way in the final against Lin Dan with intensity and
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Indian Retail Industry: Current Scenario Indian retail industry is going through a transition phase. Most of the retailing in our country is still in the unorganized sector. The spread out of the retails in US and India shows a wide gap between the two countries. Though retailing in India is undergoing an exponential growth‚ the road ahead is full of challenges. What is retailing? The word "Retail" originates from a French-Italian word. Retailer-someone who cuts off or sheds a small piece
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Introduction········································································································29 Table 1.1 — Exchange rates against US$ 2006—2011 ..................................................................................................32 Chapter two — Socio-economic parameters ·············································································37 Population . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 Table 2.1 — Population: National Estimates at January
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Intercultural Communication as a Dominant Paradigm Submitted in partial fulfilment of the requirements for the degree of Master of Communications‚ Victoria University of Wellington Matthew Scott and Grant Sherson April 1999 Introduction To begin an overview of intercultural communication it is important to attempt to clarify the concepts of communication and culture. What Is Communication? For this paper we will use a definition that communication is: “that behaviour which happens whenever
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