Suchergebnisse

AbstractTechnology‐driven disruption is taking place at a pace and scale not witnessed before in history. Waves of technology, such as the internet of things, big data, machine learning, and artificial intelligence, are reshaping our personal and professional lives in profound ways. A new world is emerging in which many of the current job classes will disappear, while new ones, requiring entirely different sets of skills, are emerging. Public administrators are unprepared for the challenges they must face in order to cope with this nonincremental and exponential change. Many of the existing government structures and processes that have evolved over the last few centuries will likely become irrelevant in the near future. There is a compelling need to lay the groundwork for governments to rethink how they will be able to best serve their constituents.

Retail became a buzz word in India before recession; in fact the word 'booming' was found only attached to this sector. The recent few years gone by were packed with several significant developments for the Indian retail industry, including the entry of many global players, growing acceptance of the modern formats, the success of many speciality retail formats, and the rising competition in the regional markets beyond the metros and Tier 1 cities. But as recession took its toll 99% of sectors went for a toss including retail. The current slowdown is expected to last 12–18 months conditional on government incentives in increasing spends on infrastructure, development initiatives and other activities to stimulate the economy. This study focuses on comparison of Indian retail before recession & after recession. In this research we have analysed the effect of recession over different commodities in retailing based on some key parameters. Along with the study of effect this research paper also provides certain strategies which could be beneficial for the retailers in the long run. This study lime lights the strategies that the key players are planning to implement in order to recover from the ill-effect of recession.