Course Syllabus
Semester I:
Module 1: Principles and Practices of Management
- Introduction to management principles.
- Planning, organizing, delegation, decentralization, coordination, and control.
Module 2: Introduction to Retailing
- Understanding the concept of retailing.
- Retail strategy and merchandising.
- Various retail formats.
Module 3: Consumer Buying Behavior
- Exploring consumer behavior.
- Factors influencing buying decisions.
- The consumer decision-making process.
Module 4: Service Marketing
- Introduction to services and their unique characteristics.
- Understanding consumer behavior in the context of services.
- Managing customer perception of services.
Module 5: Marketing and Sales Management
- An overview of marketing concepts.
- Product management, pricing, promotion, and sales training.
Semester II:
Module 1: Marketing Management
- Marketing concepts and tasks.
- Market segmentation, targeting, and differentiation strategies.
- Pricing strategies and product life cycle management.
- Branding and packaging.
Module 2: Management Information System
- Principles of information systems.
- Statistical analysis for business.
- Business processes, ERP, and analytics.
- Information systems analysis and technology.
Module 3: Supply Chain Management
- Introduction to supply chain management.
- Forecasting and inventory management.
- Collaborative planning and supply chain coordination.
Module 4: Retail Marketing II
- Retail environment and the global market.
- Retail market analysis and trends.
Module 5: Retail Planning
- Retail planning strategies.
- Customer relationship marketing.
- Financial management in retail.
- Consumer protection and ethical considerations.
Course Teaching Methodology:
- Interactive Classes: Theoretical explanations and discussions of retail management concepts.
- Case Studies: Analyzing real-world retail scenarios and problem-solving.
- Group Projects: Collaborative learning and practical application of concepts.
- Industry Insights: Guest lectures from retail industry experts.
- Retail Visits: Visiting retail outlets to gain practical exposure.
- Assignments: Applying knowledge to solve retail management challenges.
Importance for Learner in Career Growth and Self-Employment:
- Proficiency in retail management opens opportunities for self-employment as a retail entrepreneur or consultant.
- Enhances employability in various retail roles, including store management, merchandising, and marketing.
- Equips students with skills to effectively manage and operate retail businesses.
- Offers a practical path to entrepreneurship in the retail industry.