What Is The Role of Retail In Marketing?
In retail, marketing functions may be centralized and may include different departments like advertising, sales promotion, and public/press relations. Marketing would also look at...
Retail Management
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What Is The Role of Retail In Finance?
The finance retail career area includes all accounting and treasury functions like accounting for income, paying expenses, compiling and maintaining financial records, money management...
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What Is The Meaning of Haats?
Haats: Haats are periodic markets that form a major part of the rural market system in India. This is a location which witnesses a...
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What Is The Meaning of Melas?
Melas: Melas are fairs, and they can range from commodity fairs to religious fairs. Virtually every state in India has melas for which it...
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What Is The Meaning of Mandis?
Mandis: Mandis are market set up by the state government for the sale of agricultural produce directly from the fanners. Close to 6,800 Mandis exist...
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How was KVIC setup?
The Khadi & Village Industries (KVIC) was also set up post Independence. Today, there are more than 7,000 KVIC stores across the country. Retail...
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What Is The Meaning of Retail Model?
Various retail models exist in the world of retail. To start with, let us first understand what a business model in retail entails. A...
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What Are Retail Development Theories?
Retail development can also be looked at from the theoretical perspective. No single theory can be universally applicable or acceptable. The application of each theory...
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What Is The Meaning of Environmental Theory?
Environmental Theory Darwin’s the of natural selection has been popularized by the phrase “survival the fittest”. Retail institutions are economic entities and retailers confront...
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What Is The Meaning of Cyclical Theory?
The most well known theory of retail evolution is The Wheel of Retailing theory. This theory, described by McNair II, helps us understand retail...
