Friday, May 31, 2019

Poetic Reflections of the National Spirit Essay -- Literary Analysis,

Sir Philip Sidney wrote in the Defense of Poesy that only the poet, disdaining to be level(p) to any such subjection, lifted up with the vigor of his own invention, doth grow in effect another character, in making things either better than nature bringeth forth, or quite anew, forms such as never were in nature (Sidney, bartleby.com). While history describes the actual and philosophy explores the abstract, only poetry is capable of distort the two concepts together. Reading a nations history enlightens an individual to the significant events of a countrys past, but it cannot reveal the immaterial liven of an era or people. Likewise, it is necessary to look at poetry to perceive the void left vacant by historys restriction. There puddle been several poets throughout history who have bridged this gap and captured their nations essence. Poets such as Whitman, Goethe, and Yeats communed directly with the soul of their nations and deservedly be recognized as national poets. During the post-World War II era, both Robert Lowell and Seamus Heaney emerged as the pre-eminent poets of their day who were thrust into the public forum. The poets are well-known, acquiring Pulitzer and Nobel prizes amongst other accomplishments, and thus are worth analyzing as potential national poets. Historically a national poet fulfills the following criteria an interest in creating poetry for the public sphere, a focus on the socio-political intricacies of their respective state, and an human body and understanding of the collective conscious of their people. Although Robert Lowell and Seamus Heaney were both well known politically concerned, dedicated, celebrated, and criticized poets, through an analysis of their work using the aforementioned criteria, only... ...of Ireland today . Both Robert Lowell and Seamus Heaney are poets that have significantly affected both their culture and poetry through their compositions of verse. However, through an analysis of the two writers on the b asis of their intention, focus on socio-political concerns, and energy to connect to their national conscious, Heaney emerges as a true national poet, while Robert Lowell is better understood as a generational poet. Ultimately as the cosmea becomes increasingly globalized and homogeneity is displaced by multi-culturalism, the distinction of the national poet will fade. While the change is inevitable, a reading of either Seamus Heaney or Robert Lowell affords an incomparable glimpse into the Irish experience or an American perspective during the post-war era and thus is necessary for truly understanding those nations histories.

Thursday, May 30, 2019

Factional Terror, Paramilitarism and Civil War in Haiti Essay -- Haiti

Factional Terror, Paramilitarism and Civil War in Haiti The View from Port-au-Prince, 1994-2004 is a scholarly article discussing the observations made by J. Christopher Kovats-Bernat in Port-au-Prince, the capital of Haiti, during the countrys heavily violent civil war. The article goes into great detail in order to discuss the events leading up to the civil unrest, taking into consideration more of the political, economic, and cultural influences that prompted the 1994 coup-dtat and the resulting ten years of extreme violence. The condition, though, attempts to investigate the countrys bloodshed using the methodology developed by anthropologist Carolyn Nordstrom, who believed that war is not a static event but instead one that shapes and is shaped by historical, social, and cultural contexts. Therefore, Kovats-Bernat attempts to investigate the countrys current bloodshed by taking three separate questions into consideration what political advances led up to the war, what social aspects characterises the wars violence, and how has the war affected the day-to-day-lives and cultural identities of Haitians? Kovats-Bernat describes the three describe concepts that he wishes to utilize in order to make such an investigation into the life of Haitians during the civil war political history, social analysis of material conditions, and cultural context. However, he does not seem to aptly follow all definitions that he provides for each of these concepts all throughout his paper, at least not in a concise manner that is easily understood by the reader. Take cultural context, for example. Kovats-Bernat clearly states that by cultural context he means individual(a) and community narratives of violence... within a larger symbolic world... ...ulk of this academic journal discusses primarily the political developments that led to the war (p.123), and therefore Kovats-Bernat has been successful in considering at least one of the three aspects that he had hoped to discu ss. However, he does seem to be lacking when it comes to discussing his other two clearly define key concepts exactly what the author originally claimed would result in ambiguous, subjective, and inaccurate observations. The author has not successfully been able to put an individual or community face to the issue, and seems to focus more so on history rather than ethnography. Had he instead been successful in presenting Haitis political history as well as a more in-depth social analysis of material conditions and discussion of cultural context, there would be a much greater basis upon which I could express my self-assertion in the evidence.

Wednesday, May 29, 2019

Do the media ‘construct’ social reality, or does it simply report on it

It is often suggested by scholars that the world and in all its content is ambiguous, there is no universal meaning, nothing can be interpret the same way. Opinions atomic number 18 constantly clashing and facts somehow constructed, or tempered during the processes of news production. News becomes the fictions of reality it becomes a way of story telling, made to the orientation of the viewer, depending on the society of course. The same stories carry different values depending where when and how the stories are broadcasted, I will be talking about this in this essay. There are two approaches to report a piece of news the realist, purely factual no interpretations given and very clear in usage of language. This method differs to that of the constructionist, in which events or situations are carefully analysed, and I will be talking about the implication of media constructed social reality.Leaders who disillusion their followers live shorter politician lives than who learn to rep resent situations to their best political advantage (Bennett, 2007 p.111) here Bennett is almost suggesting that audience prefer to consume politically incorrectness over the truth, which could be troubling. It is uncoiled in terms of politics that politician are not always completely faithful to their promisesScheufele sited Entmans definition of framing as a fool away of conceptualization (1999), Conceptualization is the process of inventing or contriving an idea or explanation and formulating it mentally or an elaborated concept framing is an extension of agenda fit it set up a specific idea for an audience to believe in, audience is somewhat fooled into accepting one side of the story, and usually, they are unable or find it difficult to accept... ... Television in British Politics Media, Money and mediated Democracy. Hampshire Palgrave Macmillan. Glasser, T.L. (ed.) The Idea of Public Journalism. Chapter one. New York Guilford Press.Luhmann, N. (2000) The Reality of the M ass Media. Cambridge Polity Press.Richardson, J.E. (2007) Analysing Newspapers an come along from Critical Discourse Analysis. New York Palgrave Macmillan.Journal articlesBarnhurst, K.G. and Mutz, D. (1997) American journalism and the decline in event-centred reporting, Journal of Communication. 47 (4) 27-53Scheufele, D.A. (1990) Framing as a speculation of media effects , Journal of communications. 49 (1) 103-122LinksAlJazeera English (2010) China ban on dog meat draw angry outcry February 08 available at http//www.youtube.com/watch?v=LZLLhd_0p_c http//www.thefreedictionary.com/conceptualization

Christopher Marlowes Work and Style Essays -- Biography Biographies E

Christopher Marlowes Work and Style Christopher Marlowe is a famous Elizabethan poet and playwright. Although often overshadowed by Shakespeares popularity, he n 1theless is deserving of attention. Not to dampen the masterpiece of his other works, I believe Marlowes unique style is best exemplified in his plays. Marlowes plays include Dido, Queen of Cathage, Tamburlaine the Great Parts One and Two, The Jew of Malta, The Massacre at Paris, Edward the II, and The Tragical History of Dr. Faustus. All of Marlowes works are unique and astounding in their own ways. Audiences loved the Jew of Malta, and it was performed thirty-six times over the course of four years. Keep in mind that was an amazing record in Marlowes time. However, more than important to mention may be his great contri unlessions to the art of drama. Marlowe donated two major gifts to drama. The first is the improvement of the blank verse. Some had shunned its utilisation and claimed it was unscholarly. Others used it, but were unable to lift if above commonplace. In such work, it was constructed with isolated lines, one right after another, without grouping according to thought. All of the verses were made after one one shotical pattern, with the same number of feet and caesura always in place. ( Hopkins 11). Marlowes first genius was, the invention of numberless variations while still keeping the satisfying rhythm within a recurring pattern. Sometimes he left a redundant syllable, or left the line one syllable short, or moved the come in of the caesura. He grouped his lines according to the thought and adapted his various rhythms to the ideas. Thus, the blank verse became a living organism, plastic, brilliant, and finished (Cutts 19). His se... ...looked by the better-known Shakespeare. From his contributions to drama, which included his use of blank verse and heroic tragedy, to his great themes and characters we see a timeless collection of work and style.Works CitedCartelli, Thomas. Marlowe, Shakespeare, and the Economy of Theatrical Experience. Philadelphia U of Pennsylvania P, 1991.Cutts, John. The left field Hand of God. Haddonfield. New Jersey Haddonfield House, 1973.- - -. Introduction. The Left Hand of God. Haddonfield, New Jersey Haddonfield House, 1973.Hopkins, Lisa. Characteristics of Marlowes Work. A Short History of the Theatre. Ed. Martha Fletcher Bellinger. New York Henry Holt, 1927 (221-222).Munson Deats, Sara. The Subversion of sexual urge Hierarchies in Dido, Queen of Carthage. Marlowe, History and Sexuality. Ed. Paul Whitfield White. New York AMS Press, 1998.

Tuesday, May 28, 2019

The Internet Invention Essay -- Essays Papers

The Internet Invention The history of every great invention is based on a lot of pre-history. In the case of the World-Wide Web, there are two lines to be traced the development of hypertext, or the estimator-aided reading of electronic documents, and the development of the Internet protocols which made the global network possib le. The Internet has revolutionized the computer and communications demesne like nothing before. The invention of the telegraph, telephone, radio, and computer set the stage for this unprecedented integration of capabilities. The Internet is at once a world-wide broadcasting capability, a utensil for information dissemination, and a medium for collaboration and interaction between individuals and their computers without regard for geographic location. The Internet represents one of the most successful examples of the benefits of sustained investment and freight to research and development of information infrastructure. Beg inning with the early research in packet switching, the government, industry and academia have been partners in evolving and deploying this exciting new technology. Today, monetary value like namescomputer.org and http//www.acm.org trip lightly off the tongue of the random person on the street. The Internet today is a widespread information infrastructure, the sign prototype of what is often called the National (or Global or Galactic) Information Infrastructure1. Its history is complex and involves many aspects technological, organizational, and community. And its influence reaches not only to the technical fields of computer communications but throughout society as we move toward increasing use of online tools to accomplish electronic commer... ... of the ACM. v40n2 Feb 1997. p.102-108.6. OMalley, Michael and Roy Rosenzweig, Brave New World or blind Alley? American History of the World Wide Web. Journal of American History 1997 84(1) 132-155.7. Regoli, Michael. Webstoria ns Historians and the World Wide Web. OAH Newsletter 1995 23(3) 1, 8-9.8. Rosenzweig, Roy. Wizards, bureaucrats, warriors, and hackers Writing the history of the Internet. The American diachronic Review. v103n5 Dec 1998. p.1530-15529. Silver, David. Interfacing American Culture The perils and Potentials of Virtual Exhibitions. American Quarterly 1997 49(4) 825-850.10. Thompsen, Philip. Toward a Public Lane on the Information Superhighway A Media Performance synopsis of the Community-Wide Education and Information Service Initiative. DAI 1998 58(8) 2894-A. DA9806152

The Internet Invention Essay -- Essays Papers

The meshwork Invention The history of every great invention is establish on a lot of pre-history. In the case of the World-Wide Web, there are two lines to be traced the development of hypertext, or the computer-aided reading of electronic documents, and the development of the Internet protocols which made the global network possib le. The Internet has revolutionized the computer and communications world like nothing before. The invention of the telegraph, telephone, radio, and computer set the stage for this unprecedented integrating of capabilities. The Internet is at once a world-wide broadcasting capability, a mechanism for information dissemination, and a medium for collaboration and interaction between individuals and their computers without regard for geographic location. The Internet represents one of the most successful examples of the benefits of sustained investment and commitment to research and development of information infrastructure. Beginning with the early research in sheaf switching, the government, industry and academia have been partners in evolving and deploying this exciting new technology. Today, terms like namescomputer.org and http//www.acm.org trip lightly off the tongue of the random person on the street. The Internet today is a widespread information infrastructure, the initial prototype of what is often called the National (or Global or Galactic) Information Infrastructure1. Its history is obscure and involves many aspects technological, organizational, and community. And its influence reaches not only to the technical fields of computer communications but throughout society as we move toward increasing usance of online tools to accomplish electronic commer... ... of the ACM. v40n2 Feb 1997. p.102-108.6. OMalley, Michael and Roy Rosenzweig, Brave New World or Blind Alley? American account of the World Wide Web. Journal of American History 1997 84(1) 132-155.7. Regoli, Michael. Webstoria ns Historians and the World Wide Web. OAH Newsletter 1995 23(3) 1, 8-9.8. Rosenzweig, Roy. Wizards, bureaucrats, warriors, and hackers Writing the history of the Internet. The American Historical Review. v103n5 Dec 1998. p.1530-15529. Silver, David. Interfacing American Culture The perils and Potentials of Virtual Exhibitions. American Quarterly 1997 49(4) 825-850.10. Thompsen, Philip. Toward a human race Lane on the Information Superhighway A Media Performance Analysis of the Community-Wide Education and Information Service Initiative. DAI 1998 58(8) 2894-A. DA9806152

Monday, May 27, 2019

The Importance of Employee Engagement

variety utter is a constant in today? s modern business activity. As Harvard Business educate Professor John Kotter wrote in Fujitsu? s Fit for Change? report, the current rate of win over within businesses is faster than the rate at which organisations ar upmany organisations just cant keep up with the speed of change. (www. theinformationdaily. com, 2012). This much and more complex and competitive environs inflicts a greater pressure on the employees aban through with(p)d that the employees are the heart of organisations non approaching them removely is one of the main reasons of corporate failure (Argenti, 2009).Although there is not a lot of research done in this field as it is a relatively new concept (Saks, 2006), understanding the grandeur of employee bringment and implementing a well-developed inwrought conferences plan is of the essence(p) for success, especially during change (Dolphin, 1999). The organisation should be guided by experts through all this com plexity if it wants to overcome all the tension that originates from the dynamics of change and survive. THE immensity OF EMPLOYEE ENGAGEMENT Many authors claim that an organisation? accomplishments, financial performance and employee outcomes may be predicted by the levels of employee engagement. However, it is surprising that even if it is a logical assumption, it appears that employee engagement is fall and that disengagement among the majority of today? s workforce is costing huge amounts of money to organisations in productivity loss (Saks, 2006). At present, workers are well educated, buzz rack up greater expectations than those of past generations, and aspire to have a better understanding of the partnership they work for (Argenti, 2009).According to Argenti (2009), most companies? senior managers exclude lower-level employees from taking part in most decision-making. According to Dolphin (1999), employee confabulation is too often conducted by in-experienced and junior personnel. Therefore, it could be said that organisations do acknowlight-emitting diodege the importance of employee engagement to nearly degree just now are not following an appropriate and sound two-way communication strategy that will engage their staff. ORDER AND switch all(prenominal) organisation has a culture and identity of its own and these should be consistent, coherent, and clear. When an organisation suffers a big change, it might have the need to acquire a new identity and/or alter or even create a unanimous new corporate culture (Dolphin, 1999) to be sufficient to direct this change effectively, there must(prenominal) be a well-defined vision. Most of the definitions of vision in this mise en scene make reference to an ideal or a future to which the organisational change should egest to (Palmer, Dunfard Akin, 2006).Without a firm vision and effective internal communications, the changes introduced by managers may seem arbitrary and unneeded vision helps to mo tivate staff in running(a) towards the change and engaging in what may appear to be daunting or risky transactions (For Kanter et al. , as cited in Palmer et al. , 2006, p. 245). Sutton and Khan (1986 as cited in Jimmieson et al. , 2004, p. 12) palisade that when a deep change is active to happen, workers go through a process of grit-making in which they need information to help them establish a soul of prediction and understanding of the situation.Palmer, Dunfard and Akin (2006) insist in the importance of having their employees well informed about the situation and about what is expected from them, To the extent that the strategical intent is not complemented by clarity as to expected actions, the chances increase employees will fail to convert a change initiative into supporting action at their level of organisation. The Key point here is that the lack of supporting action is not due to overt resistance or even tranquillity it is due to the lack of clear understanding of what such supportive action would look like. (Palmer et al. , 2006, p. 149) Organisations must therefore aim to carry through a balance mingled with wander and change. For instance, they can only operate efficiently if members execute their mappings consistently, perform everyday operations, and uphold ordered structures, but they also need to stay coarse and agile enough to react to and anticipate the fluctuating stresses of today? s changing commercial environment. (Jacobs, 2004, p. 382). Carl Weick (1979, as cited in Jacobs, 2004, p. 82) highlights in his relational perspective the theatrical role of communication when dealing with the tension that arouses between these two elements and suggests that organisations are in essence the outcome of communication collaborations. Lewin? s Three Stage Model of Change (Carnall,2007, p. 70) can be used to help the organisation better understand this process. It consists of three stages 1. Unfreezing. It is related to cultural change. Identifying both present behaviours and required behaviours necessary to achieve the organisation? s mission and common goals and analysing the differences, with the participation of the company? s members, is the first step of unfreezing actual change. 2. Changing/Moving. Identifying the procedures and changes in the structure that will modify the execution of the new behaviours and the implementation and examination of accomplishments. 3. Refreezing. Instilling the new behaviours, attitudes, and values in the group.This is usually done by rewarding new behaviours, carrying out policies, implementing an effective communication, and educating members in order to support the new culture and behavioural principles commitment to change is attained in this stage. However, as organisations and their environments are ever more enigmatic and dynamic, many changes may occur at once and when one area is refreezing another might be unfreezing or moving. This has led Clark and Clegg to belie ve that sure-fire management in the future must be based on intelligence and creativity and the capacity to question and learn? executives must learn how to desegregate continual change with the ability to sustain business as usual? (1998, as cited in Carnall, 2007, p. 78-79). An organisation is dynamic, it is persistently reinventing itself, and therefore must be monitored constantly. THE RISKS OF CHANGE AND THE IMPORTANCE OF ORGANISATIONAL SUPPORT A possible reason for failure could be that organisations simply do not dedicate enough time or tutelage to understand the psychology of change. Employees? xperience is a critical factor that should be considered it is how hoi polloi adapt and react to change that makes a difference. Firstly, changes in an organisation are not linear by nature and thus uncertainty is the most common psychological condition that emerges as a result (Callan et al. , 2004) much of what we refer to as resistance to change? is really resistance to uncert ainty meaning that the resistance originates from the process of dealing and handling change, not from the change itself (Carnall, 2007, p. 3). Secondly, Palmer, Dunfard and Akin (2006) argue that people? perceptions of how they believe that change will affect their personal interests will influence their readiness for it. People have a tendency to support changes that do not seem threatening to their interests and resist those that appear to be harmful. (Palmer et al. , 2006, p. 149). Managers should understand the potential risks of letting employees face changes on their own without a consistent support on behalf of the organisation. Doubt and uncertainty should be dissipated and substituted by safety, and mutual interests should be covered to avoid feelings of threat.According to Argenti (2009) effective internal communications not only requires facilitating employees with applicable and sincere information but it should also reinforce their belief that they are significant as sets to the company and that subsequently their matters are too. Listening to them and allowing their participation in conversations regarding organisational change will keep them excited about their work, refered to the company? s vision, and in a position to further goals of the organisation (Argenti, 2009, p. 84). An example that describes poor prudence to how stakeholders react to change (whether they are predisposed to welcome it or reject it from the beginning) is Kodak? s announcement of its reduction in workforce to its staff, and of its dividend cut to its investors. They ignored the importance of setting an adequate strategy to promote a positive response prior to change and this basically resulted in resistance to change from both groups which led the merger with Compaq Computers a failure (Palmer et al. , 2006, p. 1) REASSURING EFFECTIVENESS IN COMMUNICATION Before any action is taken, the organisation must have a sense of the present effectiveness of its internal comm unications. Argenti (2009) reveals that an excellent way to measure the effectiveness of its actions is by executing communication audits and systematic temperature checks to discover the employees? attitudes towards the organisation itself, their opinion about the quality of the communications they are getting, and whether the messages are being understood.Once this is done, an internal communication framework can be implemented to work on solutions to any communication deficiencies and satisfy those requests. The Strategic Employee Communication Model and Best- perpetrate Definitions (Appendix A) can be used in a change programme as benchmarks against which to measure a company? s employee communication strengths and weaknesses as well as a role model of effective change. According to Barrett (2004), both the model and its different elements were inspired by research done in numerous Fortune 500 companies on what actually works in employee communication.The best companies integrat ed many of these definitions in their practice scheme. This model links all principal factors involved in employee communication between them and to the company? s manoeuvres and strategy it analytically breaks down communication into clear-cut and manageable portions and illustrates how interconnected and inter-reliant each portion is when employee communication is placed strategically within the organisation, a must in order to make change feasible. What moves this model from a tactical level to a strategic one is the direct connection to the firm? strategic objectives and business planning process plus the hatch of supportive management with on-going assessment of individual and company communication. (Barrett, 2004, p. 22). An example of a good communication in practice is what CEO Gordon Bethune did in Continental airlines. Every month, he held an open-house in his own office where employees were welcome to go and talk to him about any issues, suggestions, or complaints, and in numerous occasions he would go himself to meet the employees at their workplace.This platform for open, informal, and sincere discussion was his trait of leadership. He has been recognised for having significantly improved employee spirit and productivity as well as enhancing the global culture of the firm. This is illustrative of what should be done to have the organisation prepared in the eventuality of change. THE LEARNING ORGANISATION. FROM INDIVIDUALS TO A TEAM In order for the organisation to move as a whole it should behave and act as one.Organisations should provide the ground for individuals to move out of their sense of self, be flexible, and connect with and contribute to the group consciousness. Many authors emphasise the need of creating learning cultures within organisations in order to achieve success during change. Teams, not single individuals, are the mainstay to successful organizations of the future and individuals have to learn in the context of the team (A ppendix B). Hurst (1995, as cited in Carnall,2007, p. 65) for instance exposes that a performance organisation should evolve into a learning organisation when it faces complexity tightly defined tasks, control systems and rigid structures should be replaced by recognition, networks and teams. His ecocycle model of eight stages points toward renewal through which the company reinvents itself, more explicitly, in which people rethink what they seek to achieve, with whom and how, and thereby recreate the organisation it is certainly a learning process. The complexity theory can have got some light on this perspective.As Darwin, Johnson and McAuley (2002, cited in Carnall,2007, p. 84) note, the basic idea that lies beneath the relevance of the complexity theory within the literature regarding organisational behaviour is that of a motley adaptive organism described as a coherent network of agents interacting in parallel with no ? command and control framework? and who are ? adaptively well-grounded? (Appendix C). This perspective links to the idea of ? self-organisation? (Carnall,2007, p. 84). Emery (2004, as cited in Carnall, 2007,p. 85) also presents an analysis of open-systems theory-based action research as an enabler of learning and change.She starts off by stating that learning is fundamental for viable change and then argues that practitioners must deal with all individuals at every level of the corporation and all practicable areas must be implicated in some kind of practise that will enable them to take part in this learning process. However, she highlights that there are certain obstacles that might get in the way such as certain attitudes of the elite members, fail to use a common language throughout the organisation, and diverse framework and priority schemes.Another issue to tackle is the fact that individuals have different learning rates and they learn in different ship canal (Carnall, 2007). That is where the role of internal communications pla ys a significant role. Professional practitioners should be able to identify where communications fail and target unlike audiences with different techniques to be able to engage them appropriately. We therefore can determine that the objective of education in the long-run would be to create a strong sense of listening and of responsiveness that will permeate(s) the organisation (Macleod, p. 9) by -Forming engaging managers that will know how to communicate cultures and values and treat their personnel with respect. As MacLeod ((Macleod, p. 79) ) states in his report, managers who engage facilitate and empower rather than control or restrict their staff they treat their staff with appreciation and respect and show commitment to developing, increasing and rewarding the capabilities of those they manage. . -Giving employees a voice and tools to address management with their concerns.They must feel they are listened to and see that their opinions count and make a difference And that th ey are able to speak out and challenge when appropriate (Macleod, p. 79) CONCLUSION Employee engagement levels can predict an organisation? s accomplishments and performance as it is claimed by many authors. However, due to today? s complex environment it is more than necessary to build up a strong internal communications strategy. Employees should not be isolated from the organisation as a whole and should be informed and involved in it. The corporate culture should be coherent and the vision should be clear.If organisations fail to communicate all this properly and engage its employees into believing that change is not synonym of threat, resistance will appear. Resistance may lead to a break in the internal homeostasis and the consequences will show up as a failure when trying to move the organisation forward. REFERENCES Argenti, P. (2009) Corporate Communication. 5th ed. Singapore Mc Graw Hill. Carnall, C. (2007) Managing Change in Organisations. 5th ed. Essex Prentice-Hall. Dolp hin, R. (1999) The fundamentals of Corporate Communications. Butterworth-Heinemann. Jimmieson, N. t al. (2004) A Longitudinal Study of Employee Adaptation to Organizational Change The Role of Change-Related Information and Change-Related Self-Ef? cacy. Journal of Occupational Health Psychology , 9 (1), p. 11-27. MacLeod, D. and Clarke, N. (2009) Engaging for Success enhancing performance through employee engagement. report Department for Business Palmer, I. et al. (2006) Managing Organizational Change A Multiple Perspectives Approach. s. l. Mc Graw-Hill Saks, A. (2006) Antecedents and Consequences of Employee Engagement. Journal of Managerial Psychology, 21 (7), p. 00-619. www. theinformationdaily. com (2012) fashioning your organisation fit to change. online Available at http//www. theinformationdaily. com/2012/12/21/making-your-organisation-fit-to-change Accessed 4 Mar 2013. Jacobs, G. (2004) Corporate creative thinking. In Oliver, S. M. ed. Handbook of corporate communications and reality relations. London Routledge, pp. 382-384. Barrett, D. J. (2004) A best-practice approach to change communication. In Oliver, S. M. ed. Handbook of corporate communications and public relations. London Routledge, pp. 22-24. . APPENDICES Appendix A. Figure 2. 1 Strategic employee communication model (Barrett, 2004, p. 23) *Appendix B. Senge? s five disciplines 1. Systems thinking everyone must learn how to view things as a whole and that one set of events has impact on others 2. Personal mastery ? the discipline of continually clarifying and deepening personal vision, of focusing energies, of developing patience, and of seeing reality objectively.? 3. Mental models ? learning to unearth internal pictures of the world, to bring them to surface and hold them rigorously to scrutiny? 4.Build a share vision leadership is the key to creating and communicating the vision the leader creates vision but is prepared to have it reshaped by others 5. Team learning teams, not single in dividuals, are the key to successful organizations of the future and individuals have to learn in the context of the team (Senge, 1990, as cited in Carnall, p. 164) *Appendix C. Darwin, Johnson and McAuley (2002, Carnall, p. 84) describe a multifaceted adaptive organism 1. It is a network of ? agents? acting in parallel, often interconnected, ways but without any ? ommand and control? framework 2. These agents are ? adaptively intelligent? constantly seeking and making sense of patterns, testing ideas, evolving and learning. 3. Change is achieved through learning, evolution and adaptation. 4. adjudge of the system is dispersed throughout the system. 5. Coherence within the system arises out of competition and cooperation among the agents as they see advantage in alliances and other arrangements for mutual support. This view links to the idea of ? self-organisation?. (Darwin et al, 2002, as cited in Carnall, p. 84)

Sunday, May 26, 2019

Causes and Effects of Land Pollution

Land defilement is one of the gravest kinds of defilements. I say so because we do not realize when and how we pollute land due to different things we do and decisions we take. We realize the air is getting polluted when we step out of our houses and take a deep breath. We know when our actions cause water pollution, for we can see for ourselves the look of the water worsening. Similarly noise, light, visual pollution can all be monitored, because we can all see or sense these kinds of pollution. However, land pollution is a hard one to get since we do not understand and we cannot comprehend which of our actions cause destruction of land.What is Land taint? When the anthropogenic personal effects of development adversely repair land (especially in turns of quality of land), it can be termed as land pollution. This brings us to an important question what counts as an adverse effect? The act is simple whateverthing that go downs the productivity and potential of a piece of land . Here, productivity and potential refers to prospective uses of a piece of land for any of the different purposes for which land is used including infrastructure, housing, services, agriculture, forestry, etc.If any of the effects of human development reduce the potential of a piece of land to be used for any good purpose, it amounts to land pollution. Causes of Land Pollution 1. Degenerative Actions encompass a lot of human actions, including deforestation, overuse of pesticides and chemical fertilizers, desertification, mining, inefficient and / or in capable waste treatment, landfill, litter, etc. Many of these are requisite however, definitely the severity of these actions in terms of the effects they squander on the land can be reduced by taking appropriate and adequate corrective measure.For example, the amount of litter produced can be hugely reduced if we all strictly say NO to plastic. The key here is to conduct a thorough EIA Environmental Impact Assessment. 2. Misuse of Land mainly refers to felling of trees to clear land for agriculture, as well as servicees like desertification and land conversion. Desertification is when anthropogenic effects of human development and / or opposite actions converts a piece of (essentially) fertile land into desert-land or dryland. Isnt that a scary thought?Land once reborn to desert-land can never be reclaimed by any amount of corrective measures. This is also a serious issue because t does not solitary(prenominal) affect the land, but also the overall biodiversity of a place, specially when land is cleared for agriculture. A lot of indigenous flora and fauna is lost in the process. 3. Inefficient Use of Land surprised? Does inefficient use of land count as a cause of land pollution? Yes. Why? collectible to the consequences of inefficient use of land. Inefficient use of land as such is not red to cause land pollution.However, inefficient use of land amounts to wastage, and and then shortage of land a nd it is precisely during such conditions that man has to resort to measure such as deforestation and others to meet his needs. It is an important, albeit an indirect cause of land pollution that is often largely neglected. 4. Soil Pollution is when the top-most soil layer of land is destroyed or polluted. Soil pollution is again another cause of land pollution that affects not only the land, but also a lot of other things such as forest cover of a region, productivity of land in terms of agriculture, grazing etc.Soil pollution is also caused by wrong agricultural practices, such as overuse of chemical fertilizers and pesticides. This causes non-biodegradable chemicals to enter and accumulate in the food-chain a process often referred to as biomagnification of a pollutant. 5. Land Conversion is the process whereby a piece of land is converted from its indigenous go to a form used for either agriculture or infrastructure. Land conversion is especially a growing problem that we poss ibly do not have a good or a good enough solution for.The best way to avoid land conversion is to make efficient use of the unattached land. Using a piece of land to its maximum potential is the key to eliminate many of the causes of land pollution. Other key causes of land pollution intromit urbanization, improper waste disposal, industrial activities, nuclear research, chemicals released by all sorts of heavy industries, coal-fired power plants, metals production industries, etc. Effects of Land Pollution 1. Effects on Climate Land pollution can affect the general environment of the Earth.Land pollutions leads to loss in the forest cover of Earth. This is in turn going to affect the amount of rain. Less rains mean lesser vegetation. The effect of all different kinds of pollution will eventually lead to problems like acid rains, greenhouse effect, world(a) warming. All of these problems have already initiated and need to be curbed before the situation runs out of control. 2. E xtinction of Species One of the major causes of concern is the liquidation of species. Species are pushed towards endangerment and extinction primarily by two processes.Habitat fragmentation is the fragmentation of the natural habitat of an organism cause primarily by urban sprawl. Habitat destruction, on the other hand, is when land clearing adversely affects animals special such that their natural habitat is lost. Both the actions can cause some species to go extinct and others to become invasive. 3. Biomagnification Biomagnification is the process in which certain non-biodegradable substances go on accumulating in the food-chain (in one or more species).The most common example is of methylmercury in fish and mercury in eagles. Not only does biomagnification put the particular species at risk, it puts all the species above and below it at risk, and ultimately affects the food pyramid. 4. Effects on Biodiversity Species extinction and biomagnification is going to overthrow the bal ance of nature very significantly. The main reason for this is disturbance created in the food chain. To give you a very simple example on account of biomagnification of mercury in eagles, they might go extinct in the subsequent years.However, we know eagles prey on snakes. Less (or no) eagles will then conduce in more number of snakes As you may have realized, land pollution is indeed going to affect a lot more things than we though it will. Hence, I leave you with some corrective measure you can take on a personal level to reduce land pollution. Encourage ingrained farming buy organic food. Proper garbage disposal separate your garbage before you give it to the garbage collector and strictly say NO to plastic.Encourage recycling buy recycled products, notebooks, paper, etc. Restrict use of herbicides and pesticides they are not only used in farm, but in your own backyard as well. If we reduce our contribution to garbage and litter, therein itself we will be able to signific antly reduce land pollution and probably curb it entirely in the go up future. Also do realize this isnt only about land pollution it is about all kinds of pollution. We need to take steps to prevent damaging our Earth. We have no other place to go.

Saturday, May 25, 2019

Brand Elements

STUDY ON THE IMPORTANCE,ROLE,CONSUMER IMPACT & BUDGET OF VISUAL MERCHANDISING address Submitted to the Padmashree Dr. D. Y. Patil University In p prowessial fulfillment of the requirements for the award of the Degree of MASTERS IN BUSINESS ADMINISTRATION Submitted by DIVYA. P. KUMAR (Roll No. MBA-RET-0801010) Research Guide PROF. KRISHNA SHETTY incision of tune Management Padmashree Dr. D. Y. Patil University CBD Belapur, Navi Mumbai. March 2010 1 INDEX TOPICPAGE NO 1Declaration4 2Certificate5 3Acknowledgement6 Objective of the project7 5Definition of the problem8 6Literature Review10 7Executive Summary15 INTRODUCTION TO VISUAL MERCHANDISING 8Introduction to sell17 9Introduction to ocular Merchandising63 10Role Of Visual Merchandising87 11Effect of the colour, tie and so onon Visual Merchandising152 12Impact Of Visual Merchandising on Consumer Behaviour167 13Bud fasten in Visual Merchandising175 14Questionnaire185 15Data Analysis187 16Research Methodology191 17Recomm finishati ons192 18Limitations of weigh193 2 19Conclusion194 20Bibliography198 3 DECLARATIONI Divya P Kumar hereby decl atomic design 18 that the dissertation, VISUAL MERCHANDISING Importance, Role, Impact on Consumer & Budget submitted for the degree of Masters of Business Administration at Padmashree Dr. D. Y. Patil Universitys Department Of Business steering is my original work and the dissertation has not organize the basis for the award of any degree, associate ship, fellowship or any separate(a) similar titles Place Navi MumbaiSignature of the student Date 4 CERTIFICATEThis is a evidence that the dissertation titled Visual Merchandising is the bonafide research work carried out by Ms. Divya P Kumar of M. B. A at Padmashree Dr. D. Y. Patil Universitys, Department Of Business Management during the grade 2008-2010, in partial fulfilment of the requirements for the award of degree of Master In Business Administration and that the dissertation has not formed the basis for the award antecedently of any degree, diploma, associate ship, Fellowship or any other similar title.Place Navi MumbaiSignature of the Guide Date 5 ACKNOWLEDGEMENT I express my sincere gratitude to Prof. Krishna Shetty for providing me expensive guidance for the project on ? Visual Merchandising?. I in any part express my deep sense of gratitude to e re onlyy(prenominal) the staff members for providing valuable guidance, cultivation and facilities infallible for my project work. Last but not the least I am thankful to DR. D. Y. PATIL UNIVERSITYS DEPARTMENT OF BUSINESS MANAGEMENT for giving me this wonderful hazard of final project. Dr. R. Gopal Director, Department of Business Mgt,Padmashree Dr. D. Y. Patil University. 6 OBJECTIVES OF THE PROJECT 1. To know the fundamentals and factors effecting opthalmic merchandising. 2. To understand the problems of ocular merchandising in sell patience. 3. To know the budgeting constraints of visual merchandising 4. To suggest solutions to p roblems of visual merchandising. 7 DEFINITION OF PROBLEM Visual Merchandising (VM) is the art of presentation, which puts the trade in focus and in perspective too. It educates the customers, creates lust and finally augments the selling process.This is a nascent atomic number 18a of the Indian sell industry. Visual Merchandising achieves the following Educates the customers rough the products and services convoluti cardinald creatively and effectively. Enables a prospering selling process, from browsing to buying. Establishes a creative medium to present intersection in a lifelike 3-D environment, thus creating a besotted meet and recall assess. Sets the context of the merchandise. Establishes the consociateage between fashions, product externalize and foodstuffing by keeping the focus on the product. Draws the attention of the customers and help them match their require with the visually merchandised product. 8 E really company in India keeps a specific amoun t apart for visual merchandising as it has a great collision on its sales. The budget set up by nigh of the companies argon very low thereby proving to set up a challenge for the visual merchandiser to utilize all the concepts and tools of visual merchandising to profit the company. The visual merchandiser has to come up with plans to make the maximum utilization of the m unrivalledy provided. It is his/her creativity that comes into play at this time. Literature Review 1. ) sell Management(Text & Cases) Second Edition Author Swapna Pradhan This book seeks to expand the coverage in great topical aras of merchandise focussing, customer service retail commercializeing communicant and financial planning among others. The focus of this book has been on explaining the concepts n practices in retail mngt, particularly in the Indian/Asian setting. The author has taken a pragmatical approach to make the treatment sound and inte pillowing. Consequently the book is dotted with ? re tail snapshots? which are box exhibits that illust vagabond a particular retail activity or situation-and 8 case studies including those on start bucks, shoppers stop, gili, big bazaar and titan. 2. )retail Management An Introduction emended by V. V Gopal This book is based on relevant authoritative and thought provoking articles written by experts and published in leading professional magazines and research journals. The articles are unionised in a sequential and logical way that makes reading cont and helps the reader acquire a holistic view of the subject.This helps in streng pasting the understanding of the subject better and in like manner enables the reader stretch their thoughts beyond the content of the book. The series is designed to meet the requirements of executive, research scholars, academicians and students of professional programs. 10 3. ) Visual Merchandising Advertisement ExpressMagazine, Dec 2008 IFAI University Press In this issue v pass on articles listed a couple of(prenominal)er than 5 sections and a case study . The cover story of the issue is visual merchandising. Marketers adopt various promotional strategies for the purpose of increasing sales volume.Visual merchandising is to organize the retail entrepot such(prenominal) that the visual impact thus created is capable of attracting customers and making their shop experience a rattling pleasure. The article discusses virtually aspects of visual merchandising in the ongoing competitive scenario. The retail section has 1 article, ? consumer relation mngt in retail empyrean.? The descriptive article investigates the alliance mngt issues and the policies formulated for the same in the retail industry. 4. ) selling Master mind -Magazine Feb 2010Visual Merchandising A silent salesman of retailers. Modern retail formats in particular r making increased and innovative use of visual merchandising for promoting sales. With the increment presence of organised retailing in Indi a, the use of visual merchandising concepts and tools is on the upswing. The cover story of the issue outlines the importance of visual merchandising and its role in todays scenario in the Indian retail industry. A special feature of this issue is the conclusions of an interview section .We move over an interview with Obopay, A company that provides a solution for effective payments through mobile phones, A novel service which is now on offer in India too. 11 This issue also carries articles on other interesting topics such as consumer behaviour, tourism marketing and customer relationship mngt. 5. ) Retail Management Dunne Lusch-India Editioon This variance of retail mngt gives u gr8 insight into all aspects of retailing in a headspring thought out methodical approach that is sensitive to the constant changes inwardly the industry.Professors Dunne & Lusch encounter continued the highest direct of research to stay present-day(prenominal) with the industry and this enables the reader to engage in a well rounded dialogue about the retail industry. This book covers all major disciplines for retailing including human re rises, operations , marketing ,multichannel retailing, finance & other areas as well, which impart help u boost the best possible understanding about the retail industry. 6. ) Retailing Mngt 6th Edition 2007 Michael Levy& Barton A WeitzKnown for its strategic look at retailing and current coverage , this 6th edition cont,. to be orgaised around a model of strategic closing making. One of the major advantages of Levy/ Weits approach is the text readability, fundamental law ,and its emphasis on how students can come to grips with real retailing issues and be able to solve problems . The text logical organization around a decision making process allows readers to learn about the process of strategic decision first b4 moving onto decision implementation.The implementation decisions are broken down into merchandise mngt decisions and store mn gt decisions just as they would be in a real retailing firmament. 12 The text provides a balanced treatment of strategic, ? how to ? and conceptual corporal ,in a highly readable and interesting format. The 6th edition cont. its cutting edge coverage on the in vogue(p) topics and readings in retailing including globalization ,customer relationship mngt program , multichannel retailing,scm and the use of internet to break operating efficiencies and customer service. 7. Fashion Retailing Author Priyanka Ramgopal Well written, great photography & illustration. The text is approached logically with recognize explanation of practical, real information that can be applied immediately. A moldiness have for anyone entering the fashion retailing field or for retailers expecting to up their game or train staff. Gave me a slap-up understanding of how the fashion merchandising fiel is structured, who does what, how to merchandise a retail availability correctly and guidelines and appr oaches for creating effective displays. 8. ) India retail report 2009By Image collection A guest introduction for retail students, this book offer a user-friendly references guide to all aspects of fashion, merchandising and covers twain images, dressing and in-store areas. Using examples from a range of store from fashion emporia to acemarkets, the book offers practical advice on the subject, supported by hints and tips from established fashion merchandiser. It reveals the secrets of their tool kit, and information on the use of mannequins, the latest technology, how to construct and source props and explains the psychology place shop and buyer. 13 9. VMSD Visual Merchandising Magazine If you are smell for the primary magazine used by visual communicators, store display artists, and retail desigers, then VMSD is the answer. Since 1922,VMSD has been the prominent publication that reports on visual merchandising news and howeverts, the latest in retail display, visual design, merchandising strategies, and new products. 10. ) Visual Merchandising Author Tony Morgan A guest introduction for retail students, this book offer a user-friendly references guide to all aspects of visual merchandising and covers both window dressing and in-store areas.Using examples from a range of store from fashion emporia to supermarkets, the book offers practical advice on the subject, supported by hints and tips from established visual merchandiser. It reveals the secrets of their tool kit, and information on the use of mannequins, the latest technology, how to construct and source props and explains the psychology behind shopping and buyer 14 Executive Summary Indian Retail Industry is ranked among the ten volumedst retail markets in the field.The attitudinal shift of the Indian consumer in terms of Choice Preference, Value for Money and the emergence of organized retail formats have shifted the face of Retailing in India. The Indian retail industry is currently countd to be a US$ 200 greenbackion industry and organized Retailing comprises of 3 per cent (or) US$6. 4 one thousand one million million of the retail industry. With a growth over 20 percent per annum over the closing 5 years, organized retailing is projected to r from each one US$ 32 Billion by 2014.The Indian retail industry though predominantly fragmented through the owner -run Mom and Pop outlets has been witnessing the emergence of a a couple of(prenominal) medium sized Indian Retail bondage, touch only Pantaloon Retail, RPG Retail, Shoppers Stop, Westside (Tata Group) and Lifestyle International. In the last few years, Indians have gone through a striking transformation in lifestyle by moving from traditional disbursal on food, groceries and clothing to lifestyle categories that deliver better quality and taste.Modern retailing satisfies locomote demand for such goods and services with umpteen players entering the bandwagon in an attempt to tap greater opportunities. Ac cording to the report of American Management Consulting Firm A. T. Kearneys 2006 world(a) Retail Development Index (GRDI), India is on the first position , continuing for two years (2005 and 2006), among 30 countries as the 15 worlds roughly attractive market for mass merchant and food retailers seeking overseas growth.On the other hand, China is losing its attractiveness and making the way to India GRDI helps retailers to prioritize their global development strategies by rank emerging countries based on a set of 25 variables including economic and political risk, retail market alternatives, retail saturation level, and the difference between rough domestic product growth and retail growth. The study quotes The Indian retail market is gradually but surely pass arounding up, while Chinas market becomes more(prenominal) and more saturated. visually merchandised product. Visual Merchandising is the art of displaying merchandise in a manner that is appealing to the eyes of the cus tomer. It sets the context of the merchandise in an aesthetically satisfy fashion, presenting them in a way that would convert the window shoppers into prospects and ultimately buyers of the product. A creative and talented retailer can use this upcoming art to fade in new life into his store products. Passion for design and creativity are essential to be a good visual merchandiserA perfect design process and the ability to create ideas that are different are required. Awareness of happenings in fashion world is needed so as to keep street smart with the dynamics of the market constantly. Visual merchandising includes window displays, signs, interior displays, cosmetic promotions and any other special sales promotions taking place. 16 Introduction to Retailing 17 The Global Retail Industry Retail has played a major role world over in increasing productivity across a wide range of consumer goods and services.The impact can be best seen in countries like U. S. A. , U. K. , Mexico, Thailand and more recently China. Economies of countries like Singapore, Malaysia, Hong Kong, Sri Lanka and Dubai are also hard assisted by the retail sector. Retail is the second-largest industry in the United States both in number of establishments and number of employees. It is also one of the largest worldwide. The retail industry employs more than 22 million Americans and generates more than $3 trillion in retail sale yearbookly. Retailing is a U. S. $7 trillion sector.Wal-Mart is the worlds largest retailer. Already the worlds largest employer with over 1million associates, Wal-Mart displaced oil giant Exxon Mobil as the worlds largest company when it posted $219 billion in sales for fiscal 2001. Wal-Mart has become the near successful retail brand in the world due its ability to leverage size, market clout, and efficiency to create market dominance. 18 Wal-Mart heads Fortune magazine list of top 500 companies in the world. Forbes Annual List of Billionaires has the larges t number (45/497) from the retail business.Top Retailers Worldwide 1 Wal-Mart Stores, Inc. U. S. A. 2 Carrefour Group France 3 The Kroger Co. U. S. A. 4 The Home Depot, Inc. U. S. A. 5 Metro Germany Retail Scenario in India Touching Meteoric Scales As the corporates the Piramals, the Tatas, the Rahejas, ITC, S. Kumars, RPG Enterprises, and mega retailers- Crosswords, Shoppers Stop, and Pantaloons race to r phylogenyize the retailing sector, retail as an industry in India is coming alive. Retail sales in India amounted to about Rs. 400 billion in 2002, expanded at an average annual rate of 7% during 1999-2002. With the upturn in economic growth during 2003, retail sales are also expected to expand at a higher tread of nearly 10%. Across the boorish, retail sales in real terms are predicted to rise more rapidly than consumer expenditure during 2003-08. 19 The presage growth in real retail sales during 2003- 2008 is 8. 3% per year, compared with 7. 1% for consumer expenditure. Mod ernization of the Indian retail sector will be reflected in rapid growth in sales of supermarkets, departmental stores and hyper marts.Sales from these large-format stores are to expand at growth rates ranging from 24% to 49% per year during 2003-2008, according to a latest report by Euro monitor International, a leading provider of global consumer-market intelligence. A. T. Kearney Inc. places India 6th on a global retail development index. The boorish has the highest per capita outlets in the world 5. 5 outlets per 1000 population. Around 7% of the population in India is engaged in retailing, as compared to 20% in the USA.In a exploitation country like India, a large chunk of consumer expenditure is on basic necessities, especially food-related items. Hence, it is not surprising that food, beverages and tobacco accounted for as a good deal as 71% of retail sales in 2002. The share of food related items had, however, declined over the review period, down from 73% in 1999. This is not unexpected, because with income growth, Indians, like consumers elsewhere, have started spending more on non-food items compared with food products. 20 Sales through supermarkets and department stores are scurvy compared with overall retail sales.Nevertheless, their sales have grown much more rapidly, at almost a triple rate (about 30% per year during the review period). This high acceleration in sales through modern retail formats is expected to continue during the attached few years, with the rapid growth in numbers of such outlets due to consumer demand and business potential. The factors responsible for the development of the retail sector in India can be broadly summarized as follows Rising incomes and improvements in infrastructure are enlarging consumer markets and accelerating the convergence of consumer tastes.Looking at income conformationification, the National Council of utilize Economic Research (NCAER) classified approximately 50% of the Indian population as low income in 1994-95 this is expected to decline to 17. 8% by 2006-07. repose of the Indian economy which has led to the opening up of the market for consumer goods has helped the MNC brands like Kelloggs, Unilever, Nestle, etc. 21 To make significant inroads into the vast consumer market by oblation a wide range of choices to the Indian consumers. Shift in consumer demand to foreign brands like McDonalds, Sony, Panasonic, etc. The internet revolution is making the Indian consumer more accessible to the growing influences of domestic and foreign retail chains Reach of satellite T. V. channels is helping in creating awareness about global products for topical anesthetic markets. About 47% of Indias population is under the age of 20 and this will increase to 55% by 2015. This young population, which is technology-savvy, watch more than 50 TV satellite channels, and display the highest propensity to spend, will immensely contribute to the growth of the retail sector in the cou ntry.As India continues to get strongly integrated with the world economy riding the waves of globalization, the retail sector is bound to take big leaps in the years to come. The Indian retail sector is estimated to have a market size of about $ 180 billion but the unionized sector represents only 2% share of this market. 22 Most of the organised retailing in the country has just started recently, and has been concentrated mainly in the metro cities. India is the last large Asian economy to liberalize its retail sector.In Thailand, more than 40% of all consumer goods are sold through the super markets and departmental stores. A similar phenomenon has swept through all other Asian countries. Organised retailing in India has a huge scope because of the vast market and the growing consciousness of the consumer about product quality and services. A study conducted by Fitch, expects the organized retail industry to continue to grow rapidly, especially through increased levels of sharp ness in larger towns and metros and also as it begins to spread to smaller cities and B class towns.Fuelling this growth is the growth in development of the retail-specific gracefulties and malls. According to the estimates available with Fitch, close to 25mn sq. ft. of retail space is organism developed and will be available for pedigree over the next 36- 48 months. Fitch expects organized retail to capture 15%-20% market share by 2010. A McKinsey report on India says organised retailing would increase the efficiency and productivity of entire gamut of economic activities, and would help in achieving higher GDP growth.At 6%, the share of employment of retail in India is low, even when compared to Brazil (14%), and Poland (12%). 23 PRESENT INDIAN SCENARIO * Unorganized market Rs. 583,000 crores * organized market Rs. 5, 000 crores * 5X growth in organized retailing between 2000-2005 * all over 4,000 new modern Outlets in the last 3 years * Over 5,000,000 sq. ft. of mall space un der development * The top 3 modern retailers statement over 750,000 sq. ft. of retail space * Over 400,000 shoppers walk through their doors every week * growth in organized retailing on par with expectations and projections of the last 5 Years on course to touch Rs. 5,000 crores (US$ 7 Billion) or more by 2005-06 TRADITIONAL RETAIL SCENE IN INDIA India is the country having the most unorganized retail market. Traditionally the retail business is run by Mom & Pop having Shop in the bet & house at the back. much than 99% retailers function in less than 500Sq. Ft of area. All the merchandise was purchased as per the test & vim and fancies of the proprietor also the pricing was done on ad hock basis or by seeing at the face of customer. Generally the accounts of trading & hearthstone are not maintained separately.Profits were lay in in slow moving & non-moving stocks which were to become redundant or consumed in-house. Thus profits were vanished without their knowledge. 24 The Ma nufactures were to distribute goods through C & F agents to Distributors & Wholesalers. Retailers happen to source the merchandise from Wholesalers & compass to end-users. The merchandise price used to get inflated to a great extent till it reaches from Manufacturer to End-user. Selling prices were largely not controlled by Manufacturers. Branding was not an issue for majority of customers.More than 99% customers are price sensitive & not quality or Brand Sensitive at the same time they are Brand conscious also. Weekly Bazaar in many small tows was held & almost all the commodities were on the scene including livestock. dicker was the unwritten law of market. Educational qualification level of these retailers was invariably low. Hence market was controlled by handful of distributors &/or Wholesalers. Virtually there was only one format of retailing & that was mass retail. Retailer to consumer ratio was very low, for all the categories without exception.Varity in terms of quality, S tyles were on regional basis, community based & truly very low range was available at any given single place. Almost all the purchases / (buying) by mass population was need oriented & next turn may be on festivals, Marriages, Birthdays & some specific occasions. 25 Impulsive buying or consumption is restricted to food or vegetables etc. Having extra pair of trousers or Shirts or Casuals & Formals & leisure wear & sports wear & different pair of shoes for occasions is till date is a opulence for majority population except for those living in Metros.Purchasing power of Indian urban consumer is very low and that of Branded merchandise in categories like Apparels, Cosmetics, Shoes, Watches, Beverages, Food, Jewellery, are slowly seeping into the lifeline of Indian City folks. However electronic & electrical space appliances do hold appropriate image into the minds of consumers. Brand name does matter in these white goods categories. In the coming times also majority of organized reta ilers will find it difficult to keep balance with rest of the unbranded retail market which is very huge.Different Forms of Retailing Emergence of new formats of retailing in India Popular Formats Hyper marts 26 Supermarkets Departmental Stores Speciality Stores 27 price reduction/shopping list grocer Traditional retailers trying to reinvent by introducing self- service formats as well as respect- added services such as credit, free home delivery etc. RetailerOriginal formats RPG Retail Supermarket (Food world)PiramalsDepartment Store (Pyramid Megastore) Pantaloon Small format outlets (Shoppe) RetailDepartment Store (Pantaloon) K RahejaDepartment Store (shoppers Groupstop) Specialty Store (Crossword) Tata/ Trent Department Store (Westside) Landmark Department Store (Lifestyle) Group Later Formats Hypermarket (Spencers)Specialty Store (Health and Glow) Discount Store (TruMart) Supermarket (Food Bazaar) Hypermarket (Big Bazaar) Mall (Central) Supermarket (TBA) Hypermarket (TB A) Hypermarket (Star India Bazaar) Hypermarket (TBA) Others Discount Store (Subhiksha, Margin Free, Apna Bazaar), Supermarket Nilgiris), Specialty Electronics 28 Plans of Large Retailers * Reliance Retail investing Rs. 30,000 crore ($6. 67 billion) in setting up multiple retail formats with expected sales of Rs. 90,000 crore plus ($20 billion) by 2009-10. * Pantaloon Retail Will contract 10 mn sq. ft retail space and achieve Rs. 9,000 crore-plus ($2 bn) sales by 2008. * RPG Planning IPO will have 450-plus Music World, 50-plus Spencers Hyper covert 4 mn sq. ft by 2010. * LIFESTYLE Investing Rs. 400 crore-plus ($90 mn) in next five years on Max Hypermarkets & value retail stores, home and lifestyle centres. Rahejas Operates Shoppers Stop, Crossword, Inorbit Mall, and Home Stop formats. Will operate 55 Hyper city hypermarkets with US$100 million sales across India by 2015. * Pyramids Retail Aiming to occupy 1. 75 million sq. ft retail spaces through 150 stores in next five years. * T ATA (Trent Ltd. ) Trent to open 27 more stores across its retail formats adding 1 mn sq. ft of space in the next 12 DLF malls. Titan industries to add 50-plus Titan and Tanishq stores in 2006. 29 Small is big for Indian retail Its raining malls in small-town India.Whether its Kanpur, Ahmadabad, Indore, Agra, Baroda or Surat, the mall and multiplex culture has caught on in the countrys smaller cities, powered by the burgeoning purchasing power of Indias middle-class. From a handful of malls in the mid 90s, India today has nearly 200 malls spread across large and small cities. And 700 new malls are coming up all over India40% of them concentrated in the smaller cities. Small-town India is the next big thing in the retail business. Consider these numbers in 2005, the contribution of smaller cities to marrow organized retailing sales was 15%.By the end of this year, that proportion is expected to grow to 25%. nonionised retailing in small-town India is growing at a staggering 50-60% a year compared to 35%-40% in the large cities. The striking point is that it is the big names in the organized retail business that are eyeing these new opportunities. The Kishore Biyani-owned Future Group, Indias largest retailer, plans to invest Rs 3,600 crore in 100 stores in 30 cities, increasing its retail space from 3. 5 million square feet to 30 million sq feet. The RPG group plans to open malls in all cities with a population of over 8 lakh.Similarly, Wills Lifestyle, the garments and accessories retailing division of ITC Ltd, plans to increase its footprint by doubling the number of stores from 50 to around 100 in the next two to three years, mostly in smaller cities. 30 Even Sunil Mittals Bharti group has announced plans to get into food and farm products retailing. All these plans, however, are dwarfed by Mukesh Ambanis ambitions to do a Wal-Mart in India by investing $5. 60 billion (Rs 25,000 crore) and covering 1,500 cities and towns. The small-town retail boom could be considered a show-case of Indias freemarket prosperity.It is being powered by healthy economic growth that is making more Indians more prosperous. Organized retailers have understood this and are hoping to ride the wave, exploit the first-mover advantage and establish strong brand loyalties in these relatively under-served markets. Indeed, this is probably the most compelling example of the trickle-down impact of liberalization in India. Looking ahead, retail analysts suggest that the sustained success of the IT and industries in small towns is expected to create more jobs and enhance spending power.Typically, small cities offer a 15% to 30% appeal advantage over larger cities, not just in terms of employee woo but real soil cost as well, not to speak of the gains that accrue from reduced staff attrition rates. This gap is expected to widen over the next few years, creating a turn for smaller towns that will, in turn, power the small-town retail revolution. At present, real est ate costs present a major incentive for Indias organized retailers. Average renting values for ground-floor space are Rs 50-60 per square foot a month, against Rs 100-120 per sq foot a month in the bigger cities. 1 However, a strong demand for retail space has more than doubled rentals in cities like Jaipur, Chandigarh, Surat and Lucknow. While in the metros, retailers are filling gaps by increasing more stores, in small towns, these malls are way beyond the expectations of the consumers. These cities are untapped markets and retailers find it important to establish their brands there. Smaller cities are seeing plenty of action. For instance, Ludhiana can already boast worldwide restaurant chains like KFC, McDonalds, Pizza Hut, Dominos Pizza, Ruby Tuesday and Subway.A new world-class, 25-acre commercial centre and some seven new shopping malls-cum-entertainment centres are under construction. The Indian retail market is estimated at $350 billion. But organized retail is estimated a t only $8 billion. However, the opportunity is hugeby 2010, organized retail is expected to grow to $22 billion. With the growth of organized retailing estimated at 40% (CAGR) over the next few years, Indian retailing is clearly at a tipping point. India is currently the ninth largest retail market in the world. It is names like Dehradun, Vijayawada, Lucknow and Nasik that will power India up the rankings soon.The Indian retail sector can be broadly classified into a) FOOD RETAILERS There are large number and miscellanea of retailers in the food-retailing sector. 32 Traditional types of retailers, who operate small single-outlet businesses mainly using family labour, dominate this sector. In comparison, super markets account for a small proportion of food sales in India. However the growth rate of super market sales has being significant in recent years because greater numbers of higher income. Indians prefer to shop at super markets due to higher standards of hygiene and attracti ve ambience. b) HEALTH & BEAUTY PRODUCTSWith growth in income levels, Indians have started spending more on health and beauty Products here also small, single- outlet retailers dominate the market. However in recent years, a few retail chains specializing in these products have come into the market. Although these retail chains account for only a small share of the total market , their business is expected to grow significantly in the future due to the growing quality consciousness of buyers for these products . 33 c) CLOTHING & FOOTWEAR Numerous clothing and footwear shops in shopping centres and markets operate all over India.Traditional outlets stock a circumscribed range of cheap and popular items in contrast, modern clothing and footwear stores have modern products and attractive displays to lure customers. However, with rapid urbanization, and changing patterns of consumer tastes and preferences, it is flimsy that the traditional outlets will survive the test of time. d) HO ME FURNITURE & HOUSEHOLD GOODS Small retailers again dominate this sector. Despite the large size of this market, very few large and modern retailers have established specialized stores for these products.However there is considerable potential for the entry or expansion of specialized retail chains in the country. e) DURABLE GOODS 34 The Indian durable goods sector has seen the entry of a large number of foreign companies during the post liberalization period. A greater variety of consumer electronic items and household appliances became available to the Indian customer. Intense competition among companies to sell their brands provided a strong impetus to the growth for retailers doing business in this sector. f) LEISURE & in-person GOODS Increasing household incomes due to better economic opportunities have ncouraged consumer expenditure on leisure and personal goods in the country. There are specialized retailers for each category of products (books, music products, etc. ) in t his sector. Another prominent feature of this sector is popularity of franchising agreements between established manufacturers and retailers. 35 INDIAN RETAIL IS MOVING INTO reciprocal ohm GEAR 1) FIRST GEAR (Create awareness) * New retailers driving force awareness * High degree of fragmentation * Real estate groups starting retail chains * Consumer expecting value for money as core value 2) SECOND GEAR (Meet customer expectations) Consumer-driven * Emergence of pure retailers * Retailers getting multi-location and multi-format * Global retailers evincing interest in India 3) THIRD GEAR (Back end management) * Category management * Vendor partnership * Stock turns * Channel synchronization * Consumer acquisition * Customer relations management 4) FOURTH GEAR (Consolidation) * Aggressive rollout 36 * Organized retail acquitting significant share * Beginning of cross-border movement * Mergers and acquisitions For a start, these retailers need to invest much more in capturing more s pecific market.Intelligence as well as almost real-time customer purchase behaviour information. The retailers also need to make substantial investment in understanding/acquiring some advanced expertise in developing more accurate and scientific demand forecasting models. Re-engineering of product sourcing philosophies-aligned more towards collaborative planning and replenishment should then be next on their agenda. The message, therefore for the existing small and medium main(a) retailers is to closely examine what changes are taking place in their immediate vicinity, and analyze.Whether their current market offers a potential redevelopment of the area into a more modern multi-option destination. If it does, and most commercial areas in India do have this potential, it would be very useful to form a consortium of other such small retailers in that vicinity and take a pro-active approach to pool in resources and improve the overall infrastructure. 37 The next effort should be to en courage retailers to make some investments in improving the interiors of their respective establishments to make shopping an pleasurable experience for the customer.As the retail marketplace changes shape and competition increases, the potential for improving retail productivity and cutting costs is likely to decrease. Therefore, it will become important for retailers to secure a distinctive position in the marketplace based on value, relationships or experience. Finally, it is important to note that these strategies are not strictly independent of each other value is function of not just price, quality and service but can also be enhanced by Personalization and go a memorable experience.In fact, building relationships with customers can by itself increase the quality of overall customer experience and thus the perceived value. But most significantly for winning in this intensely competitive marketplace, it is critical to understand the target customers definition of value and mak e an offer, which not only delights the customers but also is also difficult for competitors to replicate. Challenges of Retailing in India Retailing as an industry in India has still a long way to go. To become a truly well-heeled industry, retailing needs to cross the following hurdle Automatic approval is not allowed for foreign investment in retail. Regulations restricting real estate purchases, and clunky local laws. Taxation, which favours small retail businesses. Absence of developed supply chain and integrated IT management. 38 deficiency of trained work force. Low skill level for retailing management. Intrinsic complexity of retailing rapid price changes, constant threat of product obsolescence and low margins. The retailers in India have to learn both the art and science of retailing by closely following how retailers in other move of the world are organizing, anaging, and coping up with new challenges in an ever-changing marketplace. Indian retailers must use innovative retail formats to enhance shopping experience, and try to understand the regional variations in consumer attitudes to retailing. Retail marketing efforts have to improve in the country advertising, promotions, and campaigns to attract customers building loyalty by identifying regular shoppers and offering benefits to them efficiently managing high-value customers and monitoring customer needs constantly, are some of the aspects which Indian retailers need to focus upon on a more pro-active basis.Despite the presence of the basic ingredients required for growth of the retail industry in India, it still faces substantial hurdles that will retard and inhibit its growth in the future. One of the get word impediments is the lack of FDI status. This has largely limited capital investments in supply chain infrastructure, which is a key for development and growth of food retailing and has also constrained access to world-class retail practices. 39 Multiplicity and complexity of taxes, lack of proper infrastructure and relatively high cost of real estate are the other impediments to the growth of retailing.While the industry and the government are trying to remove many of these hurdles, some of the roadblocks will remain and will continue to affect the smooth growth of this industry. Fitch believes that while the market share of organised retail will grow and become significant in the next decade, this growth would, however, not be at the same rapid pace as in other emerging markets. Organised retailing in India is gaining wider acceptance. The development of the organised retail sector, during the last decade, has begun to change the face of retailing, especially, in the major metros of the country.Experiences in the developed and developing countries prove that performance of organised retail is strongly linked to the performance of the economy as a whole. This is mainly on account of the reach and penetration of this business and its scientific approach in dealing with customers and their needs. In spite of the positive prospects of this industry, Indian retailing faces some major hurdles (see Table 1), which have stymied its growth. Early signs of organized retail were visible even in the 1970s when Nilgiris food), Viveks (consumer durables) and Nallis (sarees) started their operations. 40 However, as a result of the roadblocks (mentioned in Table 1), the industry remained in a rudimentary stage. While these retailers gave the necessary ambience to customers, little effort was made to introduce world-class customer care practices and improve operating efficiencies. Moreover, most of these modern developments were restricted to south India, which is still regarded as a ? Mecca of Indian Retail KEY CHALLENGES 1) LOCATION Right Place, Right choiceLocation is the most important ingredient for any business that relies on customers, and is typically the prime consideration in a customers store choice. Locations decisions are harder to change because retailers have to any make sustainable investments to buy and develop real estate or commit to long term lease with developers. When formulating decision about where to locate, the retailer must refer to the strategic plan * Investigate alternative trading areas. * Determine the type of desirable store location * Evaluate alternative specific store sites 2) MERCHANDISEThe primary goal of the most retailers is to sell the right kind of merchandise and nothing is more central to the strategic thrust of the retailing firm. 41 Merchandising consists of activities involved in acquiring particular goods and services and making them available at a place, time and quantity that enable the retailer to reach its goals. Merchandising is perhaps, the most important function for any retail organization, as it decides what finally goes on shelf of the store. 3) PRICING Pricing is a crucial strategic variable due to its direct relationship with a firms goal and its interaction with other retailing elements.The importance of pricing decisions is growing because todays customers are looking for good value when they buy merchandise and services. Price is the easiest and quickest variable to change. 4) TARGET AUDIENCE Consumer the prime mover Consumer Pull, however, seems to be the most important driving factor behind the sustenance of the industry. The purchasing power of the customers has increased to a great extent, with the influencing the retail industry to a great extent, a variety of other factors also seem to fuel the retailing boom. 5) SCALE OF OPERATIONSScale of operations includes all the supply chain activities, which are carried out in the business. It is one of the challenges that the Indian retailers are facing. The cost of business operations is very high in India. 42 FactorsDescriptionImplications Barriers to FDIFDI not permitted in pureAbsence of global retailingplayers Franchisee arrangementLimited exposure to best allowedpractices wish of Ind ustryGovernment does notRestricted availability of Statusrecognize the industryfinance Restricts growth and grading up StructuralLack of urbanizationLack of awareness of ImpedimentsPoor transportation nfrastructure Consumer habit of buying fresh foods Administered pricing Indian consumers Restricted retail growth Growth of small, one- store formats, with unmatchable cost structure Wastage of almost 20%- 25% of farm produce High Cost of RealPro-tenant rent laws EstateNon-availability of government land, zoning restrictions Lack of clear ownership titles, high stamp duty (10%) Supply ChainSeveral segments like food Bottlenecksand apparel reserved for Difficult to find good real estate in terms of location and size High land cost owing to constrained supply Disorganized nature of transactionsLimited product range Makes scaling up 43 SSIs Distribution, logistics constraints restrictions of purchase and movement of food grains, absence of cold chain infrastructure Long intermediation c hain difficult High cost and complexity of sourcing & planning Lack of value addition and increase in costs by almost 15% Complex TaxationDifferential sales tax ratesAdded cost and Systemacross statescomplexity of Multi-point octroidistribution Sales tax avoidance byCost advantage for smaller storessmaller stores through ax evasion Multiple Legislations Stringent labour law governing hours of work, minimum net profit payments Multiple licenses/clearances required CustomerLocal consumption habits PreferencesNeed for variety Cultural issues Limits flexibility in operations Irritant value in establishing chain operations adds to overall costs Leads to product proliferation Need to stock larger number of SKUs at store level Increases complexity in sourcing & planning Increases the cost of 44 store management Availability of Talent Highly educated class does not consider retailing a rofession of choice Lack of proper training ManufacturersNo increase in margins Backlash Lack of trained personnel Higher trial and error in managing retail operations Increase in personnel costs Manufacturers defy to dis-intermediate and pass on intermediary margins to retailers ORGANISED RETAILING IN INDIA Organized retailing is spreading and making its presence felt in different parts of the country. The trend in mart retailing, however, has been slightly different with a growth concentration in the South. However, the Mecca of retailing is undoubtedly Chennai.What was considered a traditional, conservative and cost-conscious market, proved to be the home ground for most of the successful retail names Food World, Music World, Health and Glow, Titan, Big Bazaar and Tanishq -to name a few. 45 The choice of Chennai as the retail capital has surprised many, but a variety of factors acted in its favour. Chennai, in spite of being a rapidly growing metropolis offers reasonable real estate prices, one of the most critical elements for the industry. Chennai has been witnessing a high ind ustrial growth and ncreasing presence of the MNCs, both in the IT sector as well as outside it. The industrial boom has led to the emergence of new residential areas with aggregation of professionals as well as a rapid increase in the number of double-income households and growth of the nouveau riche/upper middle class with increased purchasing power. These have been combined with the increasing need for touch and feel shopping (especially for the large migrant population). All the factors have acted favourably in nurturing the industry. Consumer- the prime mover A variety of factors seem to influence the growth in the retailing industry. Consumer Pull, however, seems to be the most important driving factor behind the sustenance of the industry. In this context, A. F. Ferguson & Co. had carried out a brief survey among consumers across income segments to understand their spending pattern. An psychoanalysis of the monthly purchase basket of the consumers surveyed indicated that the average monthly household spends on food and grocery related items varied across income segments. 46 For instance, in the case of upper income households, the average spend was around Rs 4,200 per month.As against this, the average spend in the case of a middle income household was around Rs. 2,850 and lower income households Rs. 1,250 per month. (This is computed from a prove of 100 customers having an average family size of four. ) Based on the distribution of the more than 15 lakh households in Chennai across income segments and the average spend, a conservative estimate of the grocery retailing potential at Chennai will be around Rs. 300 crores. Besides increasing purchasing power, a variety of other factors also seem to fuel the retailing boom.With increase in double-income households and working women, there is an increasing pressure on time with very little time being available for leisure. In this scenario, consumers are seeking the convenience of one-stop shopping, whereby they could have better utility of time. They are also seeking speed and efficiency in processing, as a result. 4 Being more aware, consumers are on the look-out for more information, better quality and hygiene as well as increased customer service. These changes in consumer behaviour also augur well for the retailing industry.However, in India there are no uniform trends with respect to consumer buying behaviour. There are visible differences in the shopping pattern of consumers across income segments as shown in the table. Organized retailing has definitely made headway in the upper class. However, even in this segment, items such as milk, fruits, vegetables and a significant portion of through-the-month purchases seem to be done at traditional outlets. The middle income class prefers shopping for refined food and personal care in supermarkets and fall back on traditional outlets for bulk shopping.Organized retail outlets seem to be associated with branded items/special purchases. Organized retailing does not seem to have made an impact on the lower class, except for curiosity shopping. The biggest question before organized retailers therefore, is whether this really means a huge untapped potential for the organized retailers and whether the conversion in mindset going to be easy. Emerging trends 48 The single most important evolution that took place along with the retailing revolution was the rise and fall of the dotcom companies.A sudden concept of non-store shopping emerged, which threatened to take away the potential of the store. More importantly, the very nature of the customer segment being addressed was almost the same. The computer-savvy individual was also a sub-segment of the store frequenting traffic. Internationally, the concept of net shopping is yet to be proven. And the short(p) financial performance of most of the companies offering virtual shopping has resulted in store-based retailing regaining the upper hand. Other forms of non-store sho pping including various formats such as catalogue/mail order shopping, direct elling, and so on are growing rapidly However, the size of the direct market industry is too limited to deter the retailers. For all the convenes. Once that it offers, electronic retailing does not suit products where look and see attributes are of importance, as in apparel, or where the value is very high, such as jewellery, or where the performance has to be tested, as of consumer durables. 49 The most critical issue in electronic retailing, especially in a country such as ours, relates to payments and the various security issues involved.Retail management skills It is a fact that the retailing industry is in its starting phase in our country. The benefits of organized retailing will only be felt once an equitable scale is achieved. This to a large extent depends on the store size, the walkthroughs, and bills per customer per year, average bill size and the revenue earned per sq. ft. But besides resource s and bottom line, a variety of other aspects need to be in place for tasting success. The need for qualified and trained manpower is of utmost importance.The need for specialized skills is increasingly felt in the areas of Strategic management strategizing, targeting and positioning, marketing and site selection, among others Merchandise management Vendor selection, inventory management, pricing and so on Store management Layout, display, customer relationship, inventory management, etc. Administrative Management Human resources, finance, marketing and so on 50 With the need for specialized skill set, retailing has become a specialized area of knowledge and training.The RPG School of Retailing and the introduction of specialized retailing courses at various business schools, including the IIMs, stand testimony to this. Technology impact The other important aspect of retailing relates to technology. It is widely felt that the key differentiator between the successful and not so successful retailers is primarily in the area of technology. Simultaneously, it will be technology that will help the organized retailer score over the unorganized players, giving both cost and service advantages. Retailing is a technology-intensive industry.It is quoted that everyday at least 500 gigabytes of info are transmitted via satellite from the 1,200 point-of-sales counters of JC Penney to its corporate headquarters. Successful retailers today work closely with their vendors to predict consumer demand, shorten lead times, reduce inventory holding and thereby, proceed cost. Wal-Mart pioneered the concept of building a competitive advantage through distribution and information systems in the retailing industry. They introduced two innovative logistics techniques cross-docking and electronic data interchange.Today, online systems link point-of-sales terminals to the main office where detailed analyses on sales by item, classification, stores or vendor are carried out online . 51 Besides vendors, the focus of the retailing sector is to develop the link with the consumer. Data Warehousing is an established concept in the advanced nations. With the help of database retailing, information on existing and potential customers is tracked. Besides knowing what was purchased and by whom, information on softer issues such as demographics and psychographics is captured.Retailing, as discussed before, is at a nascent stage in our country. Most organized players have managed to put the front ends in place, but these are relatively easy to copy. The relatively complicated information systems and underlying technologies are in the process of being established. Most grocery retailers such as Food World have started tracking consumer purchases through CRM. The lifestyle retailers through their affinity clubs and reward clubs are establishing their processes.The traditional retailers will always continue to exist but organized retailers are working towards revamping the ir business to obtain strategic advantages at various levels market, cost, knowledge and customer. 52 With differentiating strategies value for money, shopping experience, variety, quality, discounts and advanced systems and technology in the back-end, change in the equilibrium with manufacturers and a thorough understanding of the consumer behaviour, the ground is all set for the organized retailers.The bottom line could look brighter, after all It would be important to note, however, that the retailing industry in India is still a protected industry. It is one of the few sectors which still have restrictions on FDI. Given the current trend in liberalization, it will not be long before the retailing sector is also thrown open to international competition. This will see a further segregation of the international retailing brands and the domestic retailers, thereby injecting much greater dynamism into the market. That will be when the real action will begin.In the second article on retailing, we uncover a model for retailers to handle the emerging scenario. Indias retail sector is going to transform and with a three-year compounded annual growth rate of 46. 64 per cent, retail sector is the fastest growing sector in the Indian economy. Traditional markets are transforming themselves in new formats such as departmental stores, hypermarkets, supermarkets and specialty stores. Western-style malls have begun appearing in metros and near metro cities, introducing the Indian consumer to a new shopping experience.

Friday, May 24, 2019

Law Office Management Unit 5

PA305 Law Office Management Unit 5 Assignment ? Goals 1. ceaselessly be approachable 2. Always be responsive 3. Efficiency 4. Devote ourselves and our study to our clients 5. Dedication to the satisfaction to the satisfaction of our clients 6. Dedicated to the well-being of the client 7. agnize sure all clients are happy 8. Develop a sophisticated system 9. All clients questions and concerns bequeath be addressed in an organized and well timed(p) manner 10. Exceed expectations of the client 1. Supply donations and Pro Bono work each month. 12. Morally and ethically work to ensure justice is served for everyone. Mission Statement watch glass Jones is an innovative general practice pissed, specializing in civil procedure and family law. Here you get a small town feel from a city firm we will always be approachable, responsive, efficient and devoted to our clients. Our staff is dedicated to the satisfaction, well-being and happiness of each and every client.Technologically sophist icated systems, mean inquiries and concerns will always be addressed in an organized and timely manner. Crystal Jones is ever evolving, raising the bar for clients in the future. We promise to do our best to expire all expectations of our clients, devoting ourselves to the issues at hand, until they are fully resolved. Our dedication does not stop at our clients we are fully dedicated to our community supplying donations and Pro Bono work each month. At Crystal Jones we will morally and ethically work to ensure justice is served.