July 3, 2014

Retail Management

 

Retail is the sale of goods and services from individuals or businesses to the end users. Retailers are part of an integrated system called the supply chain. A retailer purchases goods or products in large quantities from manufacturers directly or through a wholesale, and then sells smaller quantities to the consumer for a profit. Retailing can be done in either fixed locations like stores or markets, door-to-door or by delivery. In the 2000s, an increasing amount of retailing is done using online websites, electronic payment, and then delivered via a courier or via other services.

Retailing includes subordinated services, such as delivery. The term “retailer” is also applied where a service provider services the needs of a large number of individuals, such as for the public. Shops may be on residential streets, streets with few or no houses or in a shopping mall. Shopping streets may be for pedestrians only. Sometimes a shopping street has a partial or full roof to protect customers from precipitation. Online retailing, a type of electronic commerce used for business-to-consumer (B2C) transactions and mail order, are forms of non-shop retailing.

Shopping generally refers to the act of buying products. Sometimes this is done to obtain necessities such as food and clothing; sometimes it is done as a recreational activity. Recreational shopping often involves window shopping (just looking, not buying) and browsing and does not always result in a purchase.

 

History

Retail comes from the Old French word tailler, which means, “to cut off, clip, pare, divide” in terms of tailoring (1365). It was first recorded as a noun with the meaning of a “sale in small quantities” in 1433 (from the Middle French retail, “piece cut off, shred, scrap, paring”).Like in French, the word retail in both Dutch and German also refers to the sale of small quantities of items.

April 11, 2012

Blogging

History

How blogging started?

                                                        20th                                                                                                                                        21st

News has been collected and analyzed and arranged by the editors.      News has been collected and blogged from different forms of news media.

Generalists are specially trained professionals.                                                     Example:

Paper Cuttings

Video sharing

                                                                                                                   Today every one can become generalist and get the audience in an

                                                                                                                    individual or group of audience.

 

 

Uses of blogs

Today blogs for used for various purpose. In to days there are 1billion blogs around the world.

Organization

Blogs can be used for various purposes some of them are:

 

Internal Communication:

This can happen inter department, intra departments and between business units.

It will help in integration organization and easy communication flow and reduces conflicts.

External Communication:

Between the supplier, government and consumers.

It will increase the transparency and helps in reviewing the success or failure of the product or services.

 

Educational Institutions

Helps in electronic learning and online reviews.

  • Those who have missed the class can get the complete information the blog.
  • Interaction of students and teachers around the globe.

How are we using blogs?

We are trying to generate individual branding using blogs.


April 8, 2012

Interview experience

I have completed MBA in 2010 from Kousali Institute of Management studies; I have attended n-number of interviews and received such a great experience.
Here I am sharing some of my interview experience:
1. Career net

We been to IMSR for campus interview; it have three rounds
a. Written test
It contains simple aptitude test.

The test what we have undergone is nothing to do with job offer, it’s a HR job and test is even cleared by SSLC student.

b. Personal Interview
The first question every one asks is the very own every one might have guessed it

“Tell me about yourself”

This is such a tricky question which will make you feel that its normal but interviewer come to what you are up to, your capabilities and attitude etc etc.

My suggestion is you should prepare well for this make list of what all the positive things and how to express it.

What is your weakness?

In this question interviewer want to know; have you done self-realization? If you say “no weakness” interviewer thinks you don’t know about yourself. They want to hear from you some of your weakness and how you overcome them.

Salary expectation?

In this situation you don’t have say in numbers; instead you can say that according to industry norms or earlier the person drawing in my position.

Hope you like this next blog i will share with you next interview experience.

April 8, 2012

Hello world!

After completing MBA I joined Recold Thermo Ltd but due to sales wer less in North-Karnataka ( basically a hot belt) region I have left the company after job less for 20 days and got the job in Steel Mart India I realised if we work like this we will face job less problems every now and then. I planned to become entrepreneur as well as job so at least I don’t have to worry a lot about it, I have some fixed financial support.

This is not only my problem this is the case of every one due to recession hit and financial crises. I met with some of the people who have faced same kind of problem and we planned to start-up business. We planned to start online directory with individual information using blogs. Initially we planned to do it free for some institutes and later we charge the individuals on yearly fees for maintenance.

Another business idea is Organised Coffee House which is presently less trapped in India, we have planned to start-up in Hubli first then within 18 months 3 outlets in University campus and reach the goal of 50 outlets within 5 year span.

My suggestion to every one who is in the rush for career is to have at least two sources of income so in the future after you have regular income. I am not suggesting for business do what is your passion which gives you satisfaction end of the it is what you are? not what you wer?