Rise & Fall of SUBHIKSHA Retail Subhiksha with a pioneering approach and giving new definitions to the retailing ventured into the Indian retail industry. Since‚ their predecessors are already existed and doing well in the market‚ they had to come up with an innovative approach to compete with them. They have made an extensive research on customer behavior and found that offering the branded goods at a lower price than their competitors could make them stand in the competitive retail industry
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Subhiksha in Sanskrit means “the giver of all good things in life”. They have made an extensive research on customer behavior and found that offering the branded goods at a lower price than their competitors could make them stand in the competitive retail industry. In the year 1997‚ Subhiksha opened its first store at Thiruvanmiyoor in Chennai with an investment of around Rs 4-5 lakh‚ with the theme‚” why pay more when you can get it for less at Subhiksha” The expansion of the stores: 1
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Assignment #1: Investments BUS2007 For: Chay‚ J.‚ B. Deadline: 18th December 2009 Objective: To analyse the UK banking industry and the stocks HSBC‚ Lloyds‚ Royal Bank of Scotland and Barclays in the England banking industry and provide recommendations whether to buy‚ hold or sell the stock. 2009319086 · Kornelis Hooghiemster · khooghiemster@hotmail.com · 010 8696 5580 2009319085 · Vincent Schenkeveld · vincent.schenkeveld@student.hu.nl 2009319126 · Sander Barendse
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The Rise and Fall of Civilizations Many successful empires in ancient history came to an end at one point. For example‚ the Roman Empire was very successful during the rise and fall of Augustus. Also‚ Ancient Greece which was successful during the rise and fall of Alexander the Great. Augustus and Alexander the Great were both similar in their rise. Augustus became emperor after the assassination of Julius Caesar and Alexander the Great became king after the assassination of his father. They differ
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Case study 10.1 - THE RISE AND FALL OF WORLCOM Bernie Ebbers built WorldCom‚ Inc. (now part of Verizon‚ Inc.) into one of the world’s largest telecommunications firms. Yet he and chief financial officer (CFO) Scott Sullivan have become better known for creating a massive corporate accounting fraud that lead to the largest bankruptcy in U.S. history. Two investigate reports and subsequent court cases conclude that WorldCom executives were responsible for billions in fraudulent or unsupported accounting
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The Rise and Fall of George Tenet Leshea Hicks Strayer University The Rise and Fall of George Tenet The departure of George Tenet was due to a series of events that included ethical dilemmas while serving as director of the Director of the Central Intelligence Agency. As many questions were raised during his tenure‚ he was used a punching bag and would come out in the end full of regret. In this paper‚ I will discuss the four ethical dilemmas‚ prioritization concerns‚ strategies concerning ethical
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The Rise and Fall of The Third Reich By: William H. Shirer William Shirer‚ the son of a lawyer‚ was born in Chicago in 1904. When he was a child his father died and the family moved to Cedar Rapids‚ Iowa. He had to deliver newspapers and sell eggs to help the family finances. After leaving school he worked on the local newspaper. In 1925 Shirer toured Europe and while in Paris found work with the Chicago Tribune. He started on the copy desk but after learning French‚ German‚ Italian and Spanish
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conversations from sources from the industry and employees at Subhiksha. • Reason 1 : Unmindful Expansion Across states from South to West and North and East Rapid store expansion Rapid increase of personnel From groceries and medicines Mobiles and Electronics Consumer durables and IT (Too fast too furious!) Huge investments and cash flows … • Reason 2 : Growth ... without Consolidation 2004 marked a departure in Subhiksha philosophy from Consolidation & Growth to uncontrolled growth
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SUBHIKSHA CASE STUDY Subhiksha is India’s largest retail chain -- or some would prefer to say "it was." Over the past few months‚ the network of neighborhood discount shops has been coming apart at the seams. Most of the outlets are now closed. The company -- Subhiksha Trading Services -- has been unable to pay salaries and statutory dues for the past few months. With the unpaid security agency staff also not reporting for work‚ many of the stores have been vandalized. "The properties have
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Subhiksha leads none to Subhiksha (prosperity) S Shivakumar 03 March‚ 2009 ?Anything well begun is half done? ? so goes a saying. But those behind Subhiksha apparently wanted to prove it wrong. Unfortunately‚ they have succeeded and are poorer for it. Mind you‚ a private equity player stayed on the sidelines all along! SUBHIKSHA‚ THE ailing retailer‚ is mired in controversy. Bitter accusations and recriminations between ICICI Ventures on the one hand and Subhiksha’s promoter and managing
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