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Organized retail is a very simple set of terms. Organized retail means that the items that are sold in the retail store are sold and held in a very organized way.
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Difference between organised and unorganised retail sector?
Differences between organised and unorganized retail can be specified on the basis of their ownership, logistic and supply chain facilities and structure of management (Both in formal and In formal buying organisation ) .
Can a company resell items bought at a retail store?
In essence, the nature of retail is buying goods from a wholesaler and selling them at retail. Technically there is nothing illegal or wrong with reselling items bought at a retail store.
What does OOS stand for in retail?
what does OOS stand for in retail?
What is retail sector?
retail sector is a market where there is organized methodolgy for the sale of goods.
What is the retail area in a retail store?
Open area in a retail store. for freelacing serch SIFreelancingCenter
What is the percentage of organised and unorganised retail in India?
what is the percentage of organised oan unorganised retail in india
What is organised sector?
The sector,which is registered ,follows Govt. rules n regulations,have employees n employers union is called organised sector.The company form of business comes under organised sector.The private retail business is called un organised sector.Reliance retail is in organised sector,as it is in a company form n registered.
Factors influencing retail shopper?
shopping convenience The element of convenience is fast gaining prominence in the world of organised retail.
Difference between organised and unorganised retail sector?
Differences between organised and unorganized retail can be specified on the basis of their ownership, logistic and supply chain facilities and structure of management (Both in formal and In formal buying organisation ) .
Define and explain retail management?
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Where did the first flash mob occur?
The first flash mob occurred in 2003, in Manhattan, New York City, in a targeted retail store, organised by Bill Wasik. It was conducted in Macy's retail store.
Why do you want to join retail organisation?
Retail offers an excellent growth opportunity in developing countries like India. With just about 4% of the total market being organised, companies have only scratched the surface.
What is retail revolution?
Yet another study has predicted that India is on the cusp of a retail revolution. Global management consultancy firm McKinsey's report on the retail sector says that the country's overall retail sector will become a $450 billion industry by 2015. This would place it among the top 10 retail markets in the world. It also says that organised retail will create 1.6 million jobs in the next five years. This transformation will take place from a very low base. At present, organised retail accounts for only 5 per cent of India's annual retail business with an estimated 12 million mom-and-pop stores garnering the bulk of retail trade. By 2015, organised retail is expected to have a share of 14-18 per cent of business. According to the McKinsey study, there are several things going for the retail revolution, including a huge growth in the number of people with disposable income. The growth of big retail stores is a welcome trend. Besides the potential to generate significant employment, there are other benefits that could accrue from organised retail. One, standardised goods and cheaper prices for consumers. Two, better prices for farmers. There are studies that show that agricultural producers are getting a better deal since big retailers directly do business with them, eliminating the middlemen who cut into the farmers' profits. However, it won't be smooth going for big retailers. Small traders, who form a crucial support base for political parties in urban pockets, have been resisting big retail stores. Reliance has shut down its fruits and vegetables outlets in Uttar Pradesh and Orissa because of protests. Other companies are rethinking their plans to expand. High rentals, too, are a problem. At the same time, companies like the Future Group have been expanding rapidly with its Big Bazaar stores set to cross 100. In West Bengal, where there has been conflict over big retail, the way has been cleared for German wholesale major Metro Cash & Carry to begin operations. So it's a mixed picture at best. A study by ICRIER, a think tank, says that though mom-and-pop stores are hit by direct competition from organised retail, less than half the stores that down shutters do so due to competition from big retail. So, we need not assume that all mom-and-pop stores will go out of business with the entry of big retail. Significantly, the McKinsey report says that 64 per cent of buyers don't mind paying more for convenience. Some small stores are also teaming up to buy goods jointly so as to cut purchasing costs. There is a message here: innovation and not violent protests can help mom-and-pop stores survive.
What is CODA?
CODA (Consumer Data Analysis) is a data analytics tool developed for FMCG and Retail sector with an aim to refine, define and analyse huge amount of data
What is the difference between organized and unorganized retail?
The Organised retailing refers to the trading activities undertaken by licensed retailers that is those who registered themselves for sales tax ,income tax ,etc.These include the corporate -backed hypermarkets and retail chains and also the privately owned large businesses.Whereas, Indian retail is dominated by a large number of small retailers consisting of the local kirana shops, owner-manned general stores, chemists, footwear shops, apparel shops, paan and beedi shops, hand-cart hawkers, pavement vendors, etc. which together make up the so-called "unorganized retail" or traditional retail.
Retail inventory or cost inventory?
retail inventory retail inventory retail inventory
What are different versions of DOS?
MS-DOS 1.xVersion 1.0 (Retail) - August 1981Version 1.1 (Retail)Version 1.12 (Retail)Version 1.25 (Retail) - August 1982MS-DOS 2.xVersion 2.0 (Retail) - March 1983Version 2.1 (Retail)Version 2.11 (Retail)Version 2.2 (Retail)Version 2.21 (Retail)MS-DOS 3.xVersion 3.0 (Retail) - For IBM PC ATVersion 3.1 (Retail) - For NetworksVersion 3.2 (Retail) - April 1986Version 3.21 (Retail) - April 1987Version 3.25 (Retail)Version 3.3 (Retail)Version 3.3a (Retail)Version 3.3r (Retail)Version 3.31 (Retail)Version 3.35 (Retail)MS-DOS 4.xVersion 4.0 (Retail) - July 1988Version 4.01 (Retail) - November 1988MS-DOS 5.xVersion 5.0 (Beta 1) - June 1991Version 5.0 (Retail)Version 5.0a (Retail)MS-DOS 6.xVersion 6.0 (Retail) - August 1993Version 6.1 (Retail)Version 6.2b (RTM)Version 6.2 (Retail) - November 1993Version 6.21 (Retail) - March 1994Version 6.22 (Retail) - April 1994MS-DOS 7.xVersion 7.0 (Beta)Version 7.1 (Retail)
