Retail Marketing

Retail marketing includes activities and processes of selling to ultimate consumers for their personal, family and household use. Retailers are middlemen who procure goods from the wholesalers and sell the product to the end-users or consumers. They cater to the demand…

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Human Development Report (HDR)

Human Development Report (HDR) is brought up by the UNDP at every calendar year, whereas the World Development Report is brought up by the World Bank at every financial year . HDR is based on the Human Development Index which was for the first time given by Mahbub-ul-…

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The Commonwealth

The Commonwealth of Nations, usually known as the Commonwealth and formerly as the British Commonwealth, is a voluntary association of 54 independent sovereign States, all of which are former possessions of the British Empire, except for Mozambique, Rwanda and the Uni…

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Sport Awards in India

Arjuna Awards: The Arjuna Awards were established instituted in 1961. To be eligible for the Award, a sportsperson should have had not only good performance consistently for the previous three years at the international level with excellence for the year for which the …

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Bharat Nirman Programme

Bharat Nirman Programme  is a four-year business plan to develop rural infrastructure. The government of India launched a time-bound plan under Bharat Nirman in 2005 for implementation during four year period, 2005-2009. The six components included under this rur…

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National Statistical Commission (NSC)

The Government of India ordered the setting up of a permanent National Statistical Commission (NSC) on 1st June 2005 on the recommendation of the C. Rangarajan Commission. The National Statistical Commission assumed charge on 12th July 2006. Professor Suresh Tendulkar …

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Demand Forecasting

Demand forecasting is a systematic process involving anticipation of demand for the commodity or services of a company in the future under certain competitive forces and uncontrollable forces. According to Evan J Douglas . "Demand forecasting is an estimate of sal…

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Strategic Management

Strategic management deals with the long-term plans and actions of an organization. These decisions arrive in the light of both internal and external factors that affect the working of an organization. The management basically evaluates the possible opportunities and s…

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Corporate Social Responsibility

It is philanthropy and a set of activities that corporates exercise in order to perform their moral duties. It is a humanitarian exercise in order to perform their moral duties. It is humanitarian, community work or social work done by enterprises. It is the relationsh…

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Industrial Rrelations

Industrial Relations (IR) refers to all types of relationships between all the parties concerned with industry, i.e. employees, employers, trade union, management and the State Government who regulate these relations. Thus, IR is concerned with the relationship between…

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