Page 54 - DMGT551_RETAIL_BUSINESS_ENVIRONMENT

Unit 2: Structural Change in Retail Environment

2.10 Review Questions Notes

1. What do you understand by retailing environment? Write short notes on:
(i) The legal environment
(ii) The economic environment
(iii) The competitive environment
(iv) The technological environment
2. Why is retailing important to the Indian society?
3. Write short notes on:
(i) Toy retailing in India

(ii) Jewellery retailing in India
(iii) Luxury retailing in India
4. Which sectors are expected to drive the retail growth in India?
5. What is the scope of economic environment in retailing industry?
6. “Retaining environment combines various factors such as the competitive, technological
and the global environment” Discuss.
7. What are the key segments of retailing industry in India?

Answers: Self Assessment

1. External 2. Higher

3. Economic 4. Profitability
5. competitors 6. Environmental
7. Technological 8. Innovation
9. Increasing 10. Information technology
11. Private 12. Organized
13. Luxury 14. Textile
15. unorganised

2.11 Further Readings

Books Bajaj, Tuli and Srivastava, Retail Management, New Delhi: Oxford University Press
Gibson G. Vedamani, Retail Management, Mumbai: Jaico Publishing House
Lewison, D.M. and Delozier, W.M., Retailing, Columbus: Merrill Publishing Co.

Online links http://www.deloitte.com/assets/Dcom-UnitedKingdom/Local%20Assets/
Documents/Industries/Consumer%20Business/uk-cb-store-of-the-future-
report.pdf
http://indianretail-sector.blogspot.in/2008/01/structural-changes-of-retail.html

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