Big Bazaar (Project in the Making)

Success story Of Big Bazaar and Future Groups magnanimous BAZAAR Introduction to Retailing Retailing is a distinct, diverse and dynamic domain . It is an activity of enormous economic significance to most highly-developed nations. It generates revenue and wealth for nation, encourages investments and brings technological advancements. Stated that it brings employment and creates wealth of the economy. It is a vibrant part of our changing society and a major source of employment Retailing performs activities at larger level so it requires massive manpower to take and manage its operations. Retailing also helps society in oecumenical by providing goods and service in reasonable monetary value and increasing their standards of living. Retailing activity can be viewed as a significant contributor to the economy in general. Retailing is the set of activities that markets products or services to final consumers for their cause personal or household use. It does this by organizing their availability on a relatively large scale and supplying them to consumers on a relatively small scale. Retailing makes products and services gettable in large quantities.

Retailers produce or order the products/services in bulk so they can take return of economy of scale and thus they can formulate private-enterprise(a) pricing strategies. Products and services are generally sold finished the store or on the internet. Introduction to Retail Industry The prototypal decade of modern retail in India has been characterized by a shift from traditional kirana shops to new formats including department stores, specialty stores hypermarkets, and supermarkets and across a range of categories. Modern retail formats have mushroomed in metros and mini-metros. In the last few years, modern retail has also established its presence in the small cities, exposing residents to shopping options equivalent never before. Some of these stores are branded stores(exclusive showrooms either owned or franchised out by a... If you want to get a full essay, order it on our website: Ordercustompaper.com

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