Definition of Retail Marketing Retailing is defined as a conclusive set of activities or steps used to sell a product or a service to consumers for their personal or family use. It is responsible for matching individual demands of the consumer with supplies of all the manufacturers. The word ‘retail’ is derived from the French work retailer‚ meaning ‘to cut a piece off’ or ‘to break bulk’. Retail marketing is comprised of the activities related to selling products directly to consumers through
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In my opinion‚ identify theft is an instance when a criminal obtains personal information that he or she uses to pose as that person‚ while also obtaining a financial gain. People are going to be targeted because the offender is probably in need of money and chooses crime instead of applying for a job. Personal information that could be stolen includes‚ social security numbers‚ bank account information‚ usernames and passwords to accounts‚ etc. It is very important for people to proceed with caution
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RETAIL BANKING DEFINITION: “Retail banking is typical mass-market banking where individual customers use local branches of larger commercial banks. Services offered include: savings and checking accounts‚ mortgages‚ personal loans‚ debit cards‚ credit cards‚ and so” The Retail Banking environment today is changing fast. The changing customer demographics demands to create a differentiated application based on scalable technology‚ improved service and banking convenience. Higher
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Computers creative efficient work flow and ease communication • If you are running a business that doesn’t in at least one way utilize a computer‚ you can probably save your business time and money by investing in one. Computers are multi-faceted tools of this and the next generation‚ eternally evolving to be faster‚ stronger and better-equipped to accomplish infinite tasks. With the evolution of the Internet‚ businesses have transformed into globally accessible industries in which communication
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Retail is the sale of goods and services from individuals or businesses to the end-user. Retailers are part of an integrated system called the supply chain. A retailer purchases goods or products in large quantities from manufacturers directly or through a wholesale‚ and then sells smaller quantities to the consumer for a profit. Retailing can be done in either fixed locations like stores or markets‚ door-to-door or by delivery. Retailing includes subordinated services‚ such as delivery. The term
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Effect of Systems on Business Identify five different IT systems that have affected business in the past few years. For each system‚ briefly note the following: · A name for the system · The area of business it affects · What changes the system brought to the business world · What business processes changed because of the system · Likely future effect of the system Four current technology trends that offer valuable business opportunities are social‚ mobile‚ cloud‚ and data analytics. These ITs are
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THE EFFECTS OF “ON-THE-JOB” TRAINING ON EMPLOYEE PERFORMANCE IN ORGANIZATIONS: A CASE OF RIFT VALLEY BOTTLERS ELDORET BY DIANA JELIMO KANDIE BBM/1082/04 A RESEARCH PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF THE DEGREE IN BUSINESS MANAGEMENT OF MOI UNIVERSITY JUNE 2008 DECLARATION This project is my original work and has not been presented for a degree in any other University. No part of this project may be reproduced without the prior permission of the author
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Snacks‚ and Candy. Cadbury is the market leader in Chocolate Confectionery business with a market share of over 70%. Some of the key brands of Cadbury are Cadbury Dairy Milk‚ 5 Star‚ Perk‚ Eclairs‚ Celebrations‚ Temptations‚ and Gems. In Milk Food drinks segment‚ Cadbury’s main product - Bournvita is the leading Malted food drink in the country. SWOT ANALYSIS: SWOT ANALYSIS is one of the most used forms of business analysis. A SWOT examines and assesses the impacts of internal strengths and
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electrical power supply to households as a big issue. The government has set a specific goal to raise the distribution rate of electrical power supply‚ which is now around 70% to 80% to 100%. Power companies are plagued by power theft. PLC will play an important role in placing anti-theft power system. Illegal electricity may be a serious problem in many countries .This problem has been attempted to be resolved by special skills of humans‚ such as the police special security etc. These method could not
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History of Retail “Retailing consists of the final activities and steps needed to place merchandise made elsewhere into the hands of the consumer or to provide services to the consumer” (Dunnel/Lusch‚ 2008). The retail organizations that will be discussed in this paper will be Wal-Mart Stores Inc. This paper will examine the history of Wal-Mart‚ outline major events and the organization’s evolution in the global environment. I will also discuss how Wal-Mart has reacted to change in technology‚
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