FREE IGNOU BRL 001 Solved Assignment 2023-24 | Overview of Retailing Solved Assignment 2023-24: BRL 001 Solved Assignment 2023-24 , BRL 001 Assignment 2022 , FREE BRL 001 Assignment , IGNOU Assignment 2023-24- Gandhi National Open University had recently uploaded the assignments of this session for Management for the year 2023-24. Students are recommended to download their Assignments from this web page itself. BRL 001 Solved Assignment 2023-24 They don’t need to go anywhere else when everything regarding the Assignments are available during this text only.

FREE IGNOU BRL 001 Solved Assignment 2023-24 | Overview of Retailing

University	IGNOU (Indira Gandhi National Open University)
Code	BRL 001
Title	Overview of Retailing
Language	English
Session	July 2023-January 2024

 

BRL 001 Solved Assignment 2023-24 : for college kids – BRL 001 Overview of Retailing Solved Assignment 2023-24, Students are advised that after successfully downloading their Assignments, you’ll find each and every course assignments of your downloaded. Candidates got to create separate assignment for the IGNOU Master Course, so as that it’s easy for Evaluators to ascertain your assignments.

IGNOU BRL 001 Question Paper

Answer all questions in this assignment.

(A) Short Type Questions

Q1. What is business ethics? Describe the broad areas of business ethics.

Business ethics refers to the principles, values, and standards that guide behavior in the business world. It involves determining what is right and wrong in business conduct and decision-making. Business ethics goes beyond legal requirements and encompasses moral responsibilities towards stakeholders, including employees, customers, shareholders, suppliers, the community, and the environment.

Broadly, business ethics can be categorized into several key areas:

1. Corporate Governance: Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. Ethical corporate governance ensures transparency, accountability, fairness, and integrity in decision-making processes. It involves the establishment of effective mechanisms for oversight and accountability, such as independent boards of directors, ethical leadership, and appropriate risk management practices.
2. Workplace Practices: Ethical workplace practices encompass fair treatment of employees, adherence to labor laws and regulations, and promotion of diversity, equity, and inclusion. This includes providing a safe and healthy work environment, respecting employee rights, offering fair wages and benefits, and fostering opportunities for professional development and advancement. Ethical workplace practices also involve prohibiting discrimination, harassment, and exploitation in any form.
3. Customer Relations: Ethical customer relations involve honesty, integrity, and fairness in all interactions with customers. This includes providing accurate information about products and services, delivering on promises and commitments, and ensuring fair pricing and billing practices. Ethical businesses prioritize customer satisfaction and strive to build long-term relationships based on trust and mutual respect.
4. Supplier and Partner Relationships: Ethical supplier and partner relationships involve fair and transparent dealings with suppliers, contractors, and business partners. This includes ensuring fair treatment of suppliers, avoiding exploitation or abuse of bargaining power, and promoting ethical practices throughout the supply chain. Ethical businesses seek to collaborate with partners who share their values and commitment to responsible business practices.
5. Environmental Responsibility: Ethical environmental practices involve minimizing the negative impact of business activities on the environment and promoting sustainability. This includes reducing waste, conserving resources, minimizing pollution, and adopting eco-friendly practices and technologies. Ethical businesses recognize their responsibility to protect the environment for future generations and seek to integrate environmental considerations into their decision-making processes.
6. Social Responsibility: Ethical businesses are committed to making a positive contribution to society beyond their economic interests. This involves supporting community development initiatives, contributing to charitable causes, and addressing social issues such as poverty, inequality, and education. Socially responsible businesses prioritize the well-being of all stakeholders and seek to balance profit with social and environmental concerns.

Overall, business ethics encompasses a wide range of principles and practices aimed at promoting integrity, responsibility, and sustainability in the business world. By adhering to ethical standards, businesses can build trust, enhance reputation, and create value for all stakeholders.

Q2. What do you understand by private brands. Differentiate between private brand and national brand?

Q3. Classify rural retailing formats and distinguish how are they different from urban retailing formats?

Q4. a) What are the precautions to be taken while handling technology in retailing?

b) Explain liberalisation and its impact on retail industry?

Q5. Briefly explain the factors that can influence decision regarding store location. Give examples.

Q6. What do you understand by sourcing? What steps would you intend to adopt in identifying suppliers for a retail unit?

Q7. State the ways by which a franchisor can ensure uniformity in quality across the franchisee chain?

(B) Essay Type Questions

Q8. a) Briefly explain the steps of consumer buying decision process? b) What is the need for understanding consumer behaviour? Describe the factors influencing retail consumer behaviour.

Q9. a) Explain the meaning of retailing. What are the challenges a retailer faces for retailing in India?

b) What is traditional retail format? State the relevance of traditional retail formats in the current retail business environment?

BRL 001 Overview of Retailing Solved Assignment 2023-24: Those students who had successfully submitted their Assignments to their allocated study centres can now check their Assignment Status. Alongside assignment status, they will also checkout their assignment marks & result. All this is often available in a web mode. After submitting the assignment, you’ll check you IGNOU Assignment Status only after 3-4 weeks. it’d take 40 days to declare. BRL 001 Solved Assignment 2023-24

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Those students who had successfully submitted their Assignments to their allocated study centres can now check their Assignment Status. Along with assignment status, they can also checkout their assignment marks & result.  BRL 001 Solved Assignment 2023-24 All this is available in an online mode. After submitting the assignment, you can check you IGNOU Assignment Status only after 3-4 weeks. It might take 40 days to declare.

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