Retail Management

Master Post – BRL–101: Overview of Retailing Assignment Answers (2025)

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BRL–101: Overview of Retailing – Assignment 2025 Course Code: BRL–101 Assignment Code: BRL–101/TMA/2025 Coverage: All Blocks Total Marks: 100 ✅ Click on each question below to view its detailed answer: What do you understand by the term Retailing? Briefly explain the recent evolving trends in Indian and global retailing. Why is it essential to understand […]

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What do you understand by sourcing? Describe steps would you intend to adopt in identifying suppliers in a retail unit?

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Introduction Sourcing is a critical function in retail operations. It refers to the process of identifying, evaluating, and selecting suppliers or vendors from whom goods or services are obtained for resale. Efficient sourcing ensures that a retail unit has the right products, at the right time, in the right quantity, and at competitive prices. It

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Why is it essential to understand consumer behaviour? Explain the factors that influence the consumer behaviour in retailing with examples.

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Introduction Understanding consumer behaviour is vital for the success of any retail business. Consumer behaviour refers to the decision-making process and physical activity involved in evaluating, acquiring, using, and disposing of goods and services. Retailers who understand what customers want, how they think, and why they buy, can design better products, marketing strategies, and store

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What do you understand by the term Retailing? Briefly explain the recent evolving trends in Indian and global retailing.

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Introduction Retailing is a vital part of the business ecosystem. It involves selling goods and services directly to the final consumers for personal or household use. Retailing forms the last step in the distribution process and acts as a bridge between manufacturers or wholesalers and the end consumers. What is Retailing? Retailing is the set

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