Standard Operating Procedures in Retail: Standard Operating Procedure (SOP) is a set of written instructions that document a routine or repetitive activity followed by an organization. Operational procedures are vital to the business of running a retail store. Procedures typically cover all activities in the store‚ from sales transactions to customer support to inventory. The development and use of SOP has various advantages for the organization. Following standard operating procedures increases
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O’key ”O’KEY ” is a fast growing retail chain in Russia‚ one of Europe’s largest retail food markets. ”O’KEY ” is one of the leading Russian retailers‚ operating 86 stores in Russia’s 20 largest cities in the North-West‚ South‚ Central‚ Urals and Siberian regions with a total selling area exceeding 435‚000 square metres. ”O’KEY ” offers its customers a wide range of high quality food and non-food products. At present‚ the Company’s range includes over 64‚000 stock keeping units (SKUs). ”O’KEY ” develops
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Marketing Management PROJECT REPORT On Corporate Hospitals in India [pic] Industry overview Evolution Current status Industry structure Layers Level of competition Market share analysis Market environmental factors influencing the industry Marketing Strategy Pick a company and analyze their MS Compare the strategies of the Market leader with the follower Compare market leaders Analysis Segmentation Positioning 7 P’s SWOT Analysis Data sources
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Small and Medium Enterprises (SMEs): Past‚ Present and Future in India KD Raju Abstract SMEs form the backbone of the Indian manufacturing sector and have become engine of economic growth in India. It is estimated that SMEs account for almost 90% of industrial units in India and 40% of value addition in the manufacturing sector. This paper closely analyses the growth and development of the Indian mall scale sector from opening of the economy in 1991. Third part looks into the present scenario of
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Zie Retails is a retail business and has been operating since 2000. It has headquarter based in Melbourne. However due to the business and economic growth and the cost cutting pressure from the competition‚ Zie Retails has determined to close some underperforming companies in western Australia and Tasmania and merge them to Victoria‚ south Australia and new south wales. The management has determined to cut the business operating hours‚ reducing the amount of the working staffs and even lower some
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especially in the FMCG sector. The trends that we see‚ tell us the factors which are responsible for doing so. Indian business companies are presently busy expanding their current business portfolios. ITC introducing the dark fantasy range in biscuits to compete with Britannia forcing it to revamp Pure Magic and Bourbon. Product innovation taken by the FMCG companies has put their competitors to think and do something similar to hold a safe place in the market. We have seen in the recent past how
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Taxation in India The Indian Tax Structure is quite elaborate‚ with clear distinction in authority between Central‚ State and local governments. The taxes levied by the Central government are on income (other than tax on agriculture income which would be levied by the state government)‚ customs duties‚ central excise and service tax. The State government levies Value Added Tax (VAT)‚ sales tax in states where VAT is not applied‚ stamp duty‚ state excise‚ land revenue and tax on professions. Local
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Globalization has had an astonishing impact on the modern world. It has allowed nations to connect with other nations through mediums such as the internet‚ fax machines‚ music and television. Globalization has also encouraged companies to take advantage of the knowledge and talents of people all over the world. Outsourcing has created thousands of job opportunities for developing nations. The flow of income into developing countries has allowed people to increase their standard of living (Friedman
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The Indian Kaleidoscope Emerging trends in retail September 2012 Foreword India’s retail market is expected to cross 1.3 trillion USD by 2020 from the current market size of 500 billion USD. Modern retail with a penetration of only 5% is expected to grow about six times from the current 27 billion USD to 220 billion USD‚ across all categories and segments. The recently unveiled Vision 2023 by Chief Minister Selvi J Jayalalithaa will ensure that Tamil Nadu reaches the numero uno position
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Here’s a side-by-side comparison of online stores versus retail outlets. Online includes all transactions whether they’re from a retail store with an online store‚ manufacturer‚ or third party electronics outlet. WHO CAN BUY - HOW SOON DO YOU NEED IT Online: Most likely‚ you’ll need a credit card‚ Pay Pal account‚ checking account‚ or some sort of online financing option. You’ll have to wait for it to arrive through the mail. Retail: The easiest place to purchase products if you have the
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