What is retailing, and why is it important in the economy?
[3 marks]How does retailing contribute to economic development?
[4 marks]What are the major differences between Indian and global retail scenarios?
[7 marks]What are the various types of retailing entrepreneurship?
[3 marks]What is the significance of store retailing in the retail sector?
[4 marks]How does non-store retailing differ from store retailing?
[7 marks]Describe the major functional areas in a retail organization.
[7 marks]How does site selection impact retail success?
[3 marks]What are the steps involved in selecting a retail site?
[4 marks]Describe the concept of location-based retail strategies.
[7 marks]What are the key elements of store design?
[3 marks]How do interior and exterior store designs affect customer experience?
[4 marks]What are the different types of store layouts?
[7 marks]How does store facade contribute to a retail brand’s image?
[3 marks]What are the components of the retail communication mix?
[4 marks]What is break-even analysis, and how does it assist in financial planning?
[7 marks]What are the different pricing strategies used in retailing?
[3 marks]How do pricing methods affect retail pricing decisions?
[4 marks]Explain the concept of merchandise management.
[7 marks]What is the role of IT in modern retailing?
[3 marks]How does electronic data exchange benefit retailers?
[4 marks]What are the advantages of barcoding in retail?
[7 marks]What are the benefits of franchising for entrepreneurs?
[3 marks]Describe the importance of marketing and networking for entrepreneurs.
[4 marks]What are the common traits of successful entrepreneurs?
[7 marks]