Retail Scenario in India : Touching Meteoric Scales As the corporates the Piramals‚ the Tatas‚ the Rahejas‚ ITC‚ S.Kumar’s‚ RPG Enterprises‚ and mega retailers- Crosswords‚ Shopper’s Stop‚ and Pantaloons race to revolutionize the retailing sector‚ retail as an industry in India is coming alive. Retail sales in India amounted to about Rs.7400 billion in 2002‚ expanded at an average annual rate of 7% during 1999-2002. With the upturn in economic growth during 2003‚ retail sales are also
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MKTG/114 IBS Center for Management Research Organized Retail Industry in India This case was written by Komal Chary‚ under the direction of Vivek Gupta‚ IBS Center for Management Research. It was compiled from published sources‚ and is intended to be used as a basis for class discussion rather than to illustrate either effective or ineffective handling of a management situation. 2006‚ IBS Center for Management Research. All rights reserved. To order copies‚ call +91-08417-236667/68 or write
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Introduction in the retail industry it is often taken for granted that goods and services are available for purchase‚ when demand for them has been initiated. The cornucopia that good in a retail store or supermarket are available seldom means that consumers have forgotten how products have been initially supplied. With the emerging e-commerce consumers have come to demand complete availability and home delivery at time suiting their lifestyles‚ consumer tastes and preferences have also altered
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Media and Entertainment Industry – SWOT Analysis By: Aditya Nawandar Roll No. 03 |STRENGTHS: | |1. Media And Entertainment is one of the most booming sectors in India due to its vast customer reach. The various segments of | |the Media And Entertainment industry like television and film industry have a large customer base. | |2. The growing
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in the retail industry I) Retail sales: overview For the period January-April overall retail sales have increased by 0‚7% in 2014 (from HK$172‚3m to HK$173‚ 5m): The small increase in retail sales in mainly due to the 14‚3% growth rate that occurred in January 2014. For three consecutive months retails sales have experienced negative growth with a peak of -9.8% in April 2014 as shown in the graph below. Retail Sales January-April
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PICS01C Student Number: 7305-272-8 Due Date: 15 March 2011 [pic] a) Five-forces diagram for analysis of the retail car industry in the greater Johannesburg area 1. Competitive Rivalry Competitive rivalry exists between companies with the same or similar products/services and similar markets. Factors to be considered include: • The number and size of competitors • The rate of industry growth • Differentiation and switching costs • Fixed costs or perishable products • Expansion
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discount retail industry‚ low switching cost of purchasing products at different stores for customers make the threat of new entrants seem fairly high. Yet‚ there is high capital needed in order to be comparative with current dominating companies in addition to the established customer relationships and customer shopping preferences in the current industry which ameliorate the high threat of new entrants. With the high number of distributed store locations of small or big discount retail stores‚ customers
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INTRODUCTION TO MARKETING Several definitions have been proposed for the term marketing. Each tends to emphasize different issues. Memorizing a definition is unlikely to be useful‚ ultimately‚ it makes more sense to thinking of ways to benefit from creating customer value in the most effective way‚ subject to ethical and constraints that one may have. The 2007 definition offered by American Marketing Association is listed below in several points. * A main objective of marketing is to create
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Situation analysis The motivation to produce this document is very basic: There is much discussion about whether the direct selling model is temporarily challenged or simply going through what might be one of its best transformations. The new business environment is impacted by forces and competition that did not exist just five to 10 years ago. The speed of change has never been greater and its impact upon society has never been as profound. Current observations reveal some mature companies
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SWOT analysis of HRMS industries STRENGTH * As we know that HRMS is a platform that converges all the activities related to HR and Personnel management‚ this feature is strength to make and promote the products. * The need for HR products-especially in India and Middle East and also Africa has shot up as these countries are the least effected to economic turmoil. * HR departments now –a-days are willing to standardize and make precise decisions by using Management Information system
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