Journal of Entrepreneurship & Management

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

A Study on Profitability and Problems of Retail Entrepreneurship in Visakhapatnam, Andhra Pradesh.


Affiliations
1 Gonna Institute of Management, Visakhapatnam., India
     

   Subscribe/Renew Journal


Entrepreneurship has greater significance for a developing country such as China, India. The major drawback that hinder a retail enterprise from being profitable is lack of planning, skilled professionals, poor talent mix and accessibility. The entrepreneurs should have up-to-date knowledge to cope with the changes. This paper has tested the hypothesis of differences in profitability of retail enterprises and problems of entrepreneurs among three segments (Trade, Manufacturing and Services) of retail sector and inferred that there are significant differences in problem of raw material, finance, technical and managerial assistance of entrepreneurs. No significant differences have been found in the problems of power, labor, marketing and profitability among three different segments of retail enterprises.

Keywords

Retail Entrepreneurship, Retail Segments, Retail Enterprises, Retail Sector, Entrepreneurial Opportunities, M- Commerce
Subscription Login to verify subscription
User
Notifications
Font Size


  • Lal, A. K. & Clement, R. W. (2005). Economic Development in India: The Role of Individual Enterprise and Entrepreneurial Spirit. Asia-Pacific Development Journal, 12(2), pp. 81-99.

  • Anbalagan. & Gunasekaram. (2007). Retail Consumers Market in India–The Next Big Leap. Indian Journal of Marketing, 37(3), pp. 27-29.

  • Garg, A. (2010). Recent Trends in Retailing. In Jain & Neha (Ed.), Managing Corporate Responsibility and Risk for Synergizing Business Practices to Achieve Organizational Excellence, (pp. 482-491). New Delhi: Excel Books.

  • Ahmad, A. H. (2008). Small Retailers and Entrepreneurs Perceptions on the Dept. Store Development: A Malaysian Case, International Review of Business Research Papers, 4(1), pp. 1-10.

  • Bajaaj, C. (2007). Retail Management. New Delhi: Oxford University Press.

  • Jhamb, D. & Ravi Kiran, R. (2011). Organized Retail In India-Drivers Facilitator and SWOT Analysis. Asian Journal of Management Research, 2,(1), pp. 264-273.

  • Tirupati, D. (2008). Role of Technological Innovations for Competitiveness and Entreneurship. The Journal of Entrepreneurship, 17(2), pp. 103-104.

  • Philip, J. (2011). Global Opportunities-The Indian Answer. Indian Journal of Training and Development (IJTD), Jan-march, 41(1), pp. 72-79.

  • Maran, K. & Suresh, R. (2008). Indian Entrepreneurs Global Competitive Strategy in Growing Economy. SRM Management Digest, 6, pp. 68-69.

  • Prasad, L. (2007). Entrepreneurship: A Perspective and Strategic Dimensions. Management and Labor studies, 32, pp. 360-368.

  • Rao, S. M. V. K. & Victor, J. (2009). Women Entrepreneurship through Self Helps Groups: A Case Study in the Rural Area of Visakhapatnam. Annamalai Business Review, 3(2), pp. 35-41.

  • Subha, M. S. & Kumar, V. (2011). A Glance at Evolution of Entrepreneurship and Scope for Entrepreneurship at the Bottom of Pyramid in India. Prabandhan: Indian Journal of Management, 4(1), pp. 3-9.

  • Nihalani, M. (2012). The Impact of Education in Enhancing the Skills for Entrepreneurship in the Modern Era. In Rajendra Jain (Ed.), Developing Strategies for Organization in Global Economies:Prospects, Issues & Challenges, (pp. 396-406). New Delhi: Excel Books.

  • Lall, M. & Shikhai. (2006). Entrepreneurship, pp. 47-57. Excel Books.

  • Calvin, R. J. (2004). Entrepreneurial Management, (pp.34). New Delhi: Tata Mc Graw- Hill Companies inc.

  • Shani, N. (2011). A Study on Entrepreneurial Attitude among Technical Graduates. Prabandhan: Indian Journal of Management, 4(7), pp. 27-31.

  • Pradhan, S. (2007).In Retailing Management, Text & Cases, (2nd Ed.), New Delhi: Tata McGrew Hill Publishing Company Limited.

  • Sierdjan. & Rai, K. (2008). Entrepreneurship and Economic Development in a Developing Country: A Case Study of India. The Journal of Entrepreneurship, 17(2), pp. 117-118.

  • Tanwaret, S. (2011). Retail Malls: New Mantra for Success. IJMMR, 2(1), pp. 103.

  • Kaptan, S. & Thomas, M. (2011). Role of Social Entrepreneurship in Fostering Sustainable Development through Women Empowerment: Case Studies of Aditi (Bihar) and Stree Mukti Sanghatana (Maharashtra). Journal of Commerce and Management Thought, 3(1), pp. 122-132.

  • Khaire, R. (2012). Women Empowerment through Entrepreneurship Development: Opportunities and Problems. Journal of Commerce and Management Thought, 3(2), pp. 340-349.

  • Gupta, R. (2011). Promoting Entrepreneurship in Rural Area: Need of the Hour. Prabandhan: Indian Journal of Management, 4(7), pp. 32-36.

  • Anand, V. V. & Panchanathan, N. (2011). The Thriving Women Entrepreneurship in Tamil Nadu: Motivational Factors. Prabandhan: Indian Journal of Management, 4(8), pp. 44-51.


Abstract Views: 544

PDF Views: 0




  • A Study on Profitability and Problems of Retail Entrepreneurship in Visakhapatnam, Andhra Pradesh.

Abstract Views: 544  |  PDF Views: 0

Authors

M. V. K. Srinivasa Rao
Gonna Institute of Management, Visakhapatnam., India

Abstract


Entrepreneurship has greater significance for a developing country such as China, India. The major drawback that hinder a retail enterprise from being profitable is lack of planning, skilled professionals, poor talent mix and accessibility. The entrepreneurs should have up-to-date knowledge to cope with the changes. This paper has tested the hypothesis of differences in profitability of retail enterprises and problems of entrepreneurs among three segments (Trade, Manufacturing and Services) of retail sector and inferred that there are significant differences in problem of raw material, finance, technical and managerial assistance of entrepreneurs. No significant differences have been found in the problems of power, labor, marketing and profitability among three different segments of retail enterprises.

Keywords


Retail Entrepreneurship, Retail Segments, Retail Enterprises, Retail Sector, Entrepreneurial Opportunities, M- Commerce

References