Monday, 16 November 2015

mk0012 smu mba Fall 2015 IIIrd sem assignment

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DRIVE-Fall 2015
PROGRAM-MBADS (SEM 3/SEM 5)MBAFLEX/ MBAN2 (SEM 3)PGDMMN (SEM 1)
SUBJECT CODE & NAME-MK0012- Retail Marketing
BK ID-B1723
CREDIT & MARKS-4 Credits, 60 marks
Q1. Describe the general characteristics of consumers and explain the classification of retail consumers based on shopping. (Define Retailing, General characteristics of consumers, classification of retail consumers based on shopping) 2, 3, 5
Answer: Retailing: “Retailing is a set of activities that enables selling of goods and commodities to the customers or end consumer in small quantities”. A retailer is a person or an outlet through which products or services are sold to customers or the end user. Retailing is one of the key elements of a marketing and distribution strategy; it ensures that a


Q2. Describe the Retail Buying Process in brief.  (Definition of retailing, retail buying process) 2, 8

Answer:

Retail Buying Process
These basic psychological processes play an important role in understanding how consumers actually make their buying


Q3 Explain the Retail Merchandising Management (RMM) in brief.
(Definition of Retail Merchandising, Steps involved in RMM) 3, 7
Answer.
Retail Merchandising
Retail merchandising refers to the process used to conduct retail sales. Apart of the process, the merchandiser pays close attention to

Q4. What is E-tailing? Describe the advantages and disadvantages of E-tailing. (Definition of E-tailing, Advantages and Disadvantages of E-tailing) 2, 8
Answer:E-tailing: Electronic retailing, also known as e-tailing, deals with selling products and services online via the Worldwide Web. Internet retailing or ‘e-tailing’, as it is usually referred to, covers retailing using a variety of different technologies or media. It may be broadly a combination of two elements. One is combining new technologies with elements of


Q5 Price is a highly sensitive and visible part of retail marketing mix. Retailer’s overall profitability depends on Pricing. It plays an important role in strategic decision making process. Explain various pricing strategies are adapted by the retailer according to the situation.
(Explanation of pricing in Retail, Retail Pricing strategies) 2, 8
Answer.
Pricing in Retail
Price is a highly sensitive and visible part of retail marketing mix and has bearing on the retailer’s overall profitability. Further, pricing itself is inessential part of marketing mix and has its own place in the strategic decision-making process. In subsequent sub-sections, you will learn the various pricing strategies. Pricing is one of the most

Q6 Describe any three rural retail strategies in brief.
(Definition of Rural retail, any three Rural retail strategies) 2, 8
Answer.
Rural retail
Rural retailing is the fast growing aspect of retail since retailers can feel comfortable in finding suppliers and they also act as buyers. Retailing is the final phase of the distribution channel and it is clear by now that it is the

Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs 125/subject and rs 700/semester only.
if urgent then call us on 08791490301, 08273413412



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