This course will enable the students to acquire a comprehensive knowledge and advanced skills in retail management, enabling them to critically analyze retail strategies.
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Course outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course title |
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24RTM 231 |
Advanced Retail Management (Theory) |
On completion of this course, the students will be able to;
CO1: Explore the concept of retail franchising with special reference to franchising in India. CO2: Examine the retail marketing strategies with specific examples. CO3: Synthesize the aspects of Relationship Marketing in organized V/s Unorganised retail sector CO4: Access the role of IT in retail and understand the Issues involved in developing supply chain framework CO5: Evaluate the Human Resource Management dimensions in Retailing. CO6: Contribute effectively in course-specific interaction |
Approach in teaching: Interactive Lectures, Power point presentation, Tutorials, Discussion Learning activities for the students: Self-learning assignments, Effective questions, Quiz, Topic presentation, Giving tasks, Students presentation |
Continuous assessment test, Year end examinations, Quiz, tutorials, Assignments, Presentation, Individual and group projects |
Concept, Evolution of Franchising, Types of Franchising, Advantages and Disadvantages of Franchising, Franchising in India.
Introduction, Evolution of Relationship marketing, Relationship marketing strategies.
Retail marketing efforts and strategies, customer service in retailing, Customer Service – Managing gaps between Expectation and Performance, Loyalty Programmes.
Importance of IT in Retail, Application of Technology, E Commerce or E-tailing
Supply Chain and Retail Logistics: Management- Concept, Need, Evolution of supply chain Management, Issues involved in developing supply chain framework, Types of Retail Logistics.
Recruitment, Selection, Training and Motivation.
1. Gibson G. Vedmani: Retail Management – Functional principles & Practices; Jaico publishing house.
2. Chetan Bajaj, Rajnish Tuli, Nidhi V. Srivastava; Retail Management, Oxford university press.
3. Swapna Pradhan : Retail Management, Tata McGraw Hill
Suggested Reading:
1. Barry Berman, Joel R Evans: Retail Management – A strategic approach; Pearson Education.