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Relationship is important for an individual as well as to an organisation. Better relationships brings the people closer and strengthen the mutual concern and care. In a business organisation amicable relationship between employer and employee leads to its growth and development. This paper aims...
Persistent link: https://www.econbiz.de/10012858294
The bottom of the pyramid has been the topic of many research articles and scholarly discussions. Since Prahalad and Hart wrote about how multinationals can help alleviate poverty and create value propositions for themselves in 2004, many companies have been looking at strategies to serve the...
Persistent link: https://www.econbiz.de/10012925738
For India to be a global economic superpower, the Indian Engineering Industry which at present is the largest foreign exchange earner must make its strong presence in the global markets. Industry 4.0 is one such initiative which has the power to transform the Indian Engineering Industry to be...
Persistent link: https://www.econbiz.de/10012824142
A majority of organized brick-and-mortar lifestyle retailers in India believe that the cost of Sales Personnel (SP) attrition is insignificant, and this belief has made lifestyle retailers ignore the importance of SP attrition control and retention activities (SACR). Mathematically it may be...
Persistent link: https://www.econbiz.de/10012824171
A majority of organized brick-and-mortar lifestyle retailers in India believe that the brick-and-mortar retailing model ensures economies of scale as they keep opening new stores. Having more stores might help retailers to gain product sourcing advantages in addition to generating additional...
Persistent link: https://www.econbiz.de/10012825030
Though EBOs' (Exclusive Brand Outlet) risk-mitigation is a collective responsibility of lifestyle brand and the expansion partner (franchisee), a majority of lifestyle brands in India believe that the risk of capital investment/recurring expenses of EBOs and profit generated by EBOs has to be...
Persistent link: https://www.econbiz.de/10012826171
A majority of brick-and-mortar lifestyle retailers in India have adapted firm-level and output-driven measures to evaluate their overall retailing performance in addition to not apportioning the central office expenses incurred merely to run stores on to store's profit and loss account. This...
Persistent link: https://www.econbiz.de/10012826287
Though consumer communication and orientation is a collective responsibility of all the departments/functions across the organization, a majority of lifestyle brands and retailers in India believe that the consumer communication is the deliverable of a single department/function that is widely...
Persistent link: https://www.econbiz.de/10012826288
In brick-and-mortar retailing, sales personnel play the most important and complex role whereby they are the ones who are connected to consumers directly on a real-time basis. Besides, to this complexity retailers in India find it difficult to recruit well-trained sales personnel who is an...
Persistent link: https://www.econbiz.de/10012828216
It is evident that among more than 5000 Indian lifestyle brands, only a few brands have created true lifestyle brand image in their employees, investors, competitors, and consumer's minds, and the trueness level of the majority of Indian lifestyle brands is still in question. The majority of...
Persistent link: https://www.econbiz.de/10012829357