FDI in Retail is a Great Opportunity Much of the reaction to the opening of retail sector does not take into account an important fact: businesses fail The Union government‚ after the recent petrol price increase‚ may be in a mood for reforms. Opening multi-brand for foreign direct investment (FDI) seems to be the next logical step. Thinking about international retailers‚ the US-based retailer Wal-Mart often springs to mind. Wal-Mart is symbolic of foreign retailers so this is not surprising. It
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1) Corporate Ethics - The broad area dealing with the way in which a company behaves towards‚ and conducts business with‚ its internal and external STAKEHOLDERS‚ including employees‚ investors‚ creditors‚ customers‚ and regulators. In certain national systems minimum standards are required or recommended in order to eliminate potential conflicts of interest or client/employee mistreatment. 2) Board of Directors (BOD) - An appointed or elected body or committee that has overall responsibility
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RETAIL BANKING Project Work Acceleration‚ Deceleration & Moderation in the growth of retail credit in India David Varghese 2011PGPRAK004 PGP RAK‚ IIM INDORE Introduction Retail banking is the mobilization of deposits‚ lending and provision of financial services by a bank in the retail segment which results in fee-based income. Retail lending has been a great innovation across the globe in the commercial banking sector in recent years. Lending is not a new concept- it has been
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Potential sources of bias in heuristics Misplaced loyalty Obedience to authority and susceptibility to peer pressure. The desire to fit into an organization‚ to be a team player‚ to get along with co-employees‚ people are more likely to undertake unethical actions in the workplace and elsewhere if peers are engaging in similar behaviour. Overoptimism and overconfidence People tend to rate themselves as well above average in most traits‚ including honesty. Businesspeople tend to believe that
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RETAIL MANAGEMENT Retail Mix-Reliance Fresh Submitted By: Donna Antony P13176 COMPANY PROFILE: Reliance Fresh is the convenience store format which forms part of the retail business of Reliance Industries of India which is headed by Mukesh Ambani The company already has in excess of 560 reliance fresh outlets across the country. They started their retail journey in November 2006 with its first Reliance Fresh store. Today it operates in over 93 cities across India with 700+ stores with a family
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Indian book retail Industry: An Overview The Indian book retail industry is estimated to be over Rs 3‚000 crore‚ out of which organised retail accounts for only 7 per cent.The industry is expected to grow by approximately 15 per cent a year.Book retail contributes only about 1 per cent to the overall retail industry. Text and curriculum books account for about 50 per cent of the sales. Second-hand books are also a big chunk of the book retail market. In the past few years‚ several large format
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J Bus Ethics (2012) 106:229–241 DOI 10.1007/s10551-011-0992-9 The Effects of Corporate Ethical Values and Personal Moral Philosophies on Ethical Intentions in Selling Situations: Evidence from Turkish‚ Thai‚ and American Businesspeople Janet Marta • Anusorn Singhapakdi • Dong-Jin Lee • Sebnem Burnaz • Y. Ilker Topcu M. G. Serap Atakan • Tugrul Ozkaracalar • Received: 19 December 2010 / Accepted: 3 August 2011 / Published online: 21 August 2011 Ó Springer Science+Business Media B.V. 2011
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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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Retail Expansion Strategies Summary: The article discusses the elements of retail expansion‚ the necessary components and analysis of each component to achieve a successful expansion. The first step of retail expansion is an objective appraisal of the existing business. The author discusses that all elements must be taken into account‚ including but not limited to certain amount of luck. In other words‚ the successful retail concept in one area may not necessarily translate into another
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Situation 1: Adapted from WAFBLA “Everyone Else Does It!” Ethics Project You have been struggling in your Engineering Models class. The content does not come easily‚ so you have put in countless hours to understand and do the assignments. There is another student who breezes through the assignments‚ getting high marks for the work he turns in. You know for a fact that he has used his college-aged cousin to do some of the assignments for him. You don’t know how many assignments were turned in this
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