Practicing Success
Many companies have planned for significant investments in organized retailing in India. Several factors have prompted their decisions in this regard. Customer income is rising. People have developed a taste for better quality products even though they may have to pay more. The aspiration levels have increased. The government has also liberalized its economic policies in this regard and permitted even cent percent foreign direct investment in some sectors of retailing. |
Identify the different heads that have facilitated the companies' decisions to plan significant investments in organised retailing. |
Economic Change Social Change Technological Change All of these |
All of these |
Economic Change, Social Change, Technological Change are the different heads that have facilitated the companies' decisions to plan significant investments in organised retailing. (i) Economic Change: 'Customer income is rising' |