ABSTRACT The word retail has a very small meaning ‚ it means ‘to cut or to break the bulk’‚ however the term Retail Management is not a small concept ‚ it has a very broad meaning and a wide framework. When we say that Retailing is dynamic ‚ it simply means that is progressive in nature ‚ it keeps on changing itself with the emerging trends. There are various elements that are working as the forces for retail dynamics. One such force is Rural retail. The retail business in India accounts for
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behaviour and our past beliefs are part of the times we live in. The emergence of sociology began as an attempt to understand what are the determining factors of the world changing. As has been pointed out by Rocher‚ G. Introduction to Sociology pg. 210 Macmillan Co. of Canada 1972)‚ "the advancement of the study of sociology‚ and its principal support‚ is its desire to understand modern society much better. Sociology research was developed to try and describe these changes and to predict future
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needs and competition change D. private branding dictates new fashion E. retailers have built better relationships with key customers 12. The North American Industry Classification System (NAICS): A. was developed by the Federal Trade Commission (FTC) B. uses an 8-digit classification system C. was created to collect data on North America’s business activity D. is limited in its use to only retail institutions E. is used only by the United States 13. Which of the following statements about NAICS
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The Fertile Crescent The Fertile Crescent was the first area to develop agriculture. It was the first to harness the power of agriculture because of geographic luck. Geographic luck is the fact that where a civilization was on the earth relates to how well the civilization did in becoming a supreme power on the earth. If the civilization was started near a place heavy with crops highly nutritious‚ then it did well. If it did not have nutritious crops‚ then it did not do as well as some other
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capital budget would not be able to exceed the forecasted budget. No acquisitions could be made without the approval of Metropolitan Life. No change could be made to the current compensation packages of the firm’s executives until 50% of the debt was repaid. Their debt-equity ratio would be constrained to 1.20. They would not be able to raise any more debt without the insurance company’s approval. While the interest rate may be an attractive one and may prompt the acceptance of such an offer
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people enjoy shopping‚ especially during the holidays. Others‚ however‚ hate standing in long lines. Nonstore retailers‚ such as online retailing‚ direct-response retailing‚ direct selling‚ and vending‚ are now offering just as many shopping opportunities as retail stores. In some cases‚ they offer so much more. Online retailing‚ also known as “e-tailing‚” online retailing has grown nearly 25% per year for most of the early 2000s. Even though growth slowed to 1.6% in 2009 due to the recession‚ it bounced
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Emergence of Pakistan: The Indian Independence Act was passed by the British Parliament on July 18‚ 1947‚ giving rise to the Indian Union and Pakistan. It also saw the end of British raj in India from August 15‚ 1947. The Muslims of the sub-continent had finally achieved their goal to have an independent state after a long and relentless struggle under the single-minded guidance of the Quaid. Pakistan emerged on the map of the world in 1947. This came about beacuse of the Two-Nation Theory of which
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Unemployment April 1‚ 2014 Spain has led a legacy as a significant world power in Europe and at some moments in History‚ the world. Spain conquered the oceans with Christopher Columbus’s travels‚ started dynasties that created Charles IV’s Holy Roman Empire. Although‚ like all great dynasties have been fated to do‚ the Empire fell from the leading Empire of the world and eventually in Europe. It wasn’t until after the Dictator Francisco Franco’s death in 1975‚ when Spain was again able to resume its
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maximize corporate profit. In the words of Milton Freidman‚ “The social responsibility of a business is to increase its profits”. The past few decades have given rise to the globalization of the apparel industry. With this globalization the competition has intensified‚ necessitating the leading apparel firms to develop extensive global sourcing capabilities. In order to comply with their fiduciary responsibility‚ current managers at these companies are faced with the challenge of developing and
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pg 275. Put these in Digital Drop Box. 4) Read Retailing View 10.1 on pg 281 and Retailing View 10.3 on pg 294. 5) Read Chapter 10 Summary on pg 302. 6) Answer Discussion Question #5 on pg 303. 7) Do the Discussion Board Question. Page 275 1. Human Resource Management is especially important in retailing due to the simple fact that it involves such a vital aspect of any and every retailing organization-the employees! What is a retailing business without people working for it‚ with it‚
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