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Australian Retailing Industry
Pages 8 (2008 words)
Management is one of the primary functions of administrative sections especially that of the business organizations. Why is this so Primarily because of the fact that the major function of this particular sector in business establishment is to manage the way by which the business enterprise deal with the employees which it gets its company strength from…
Particularly in Australia, retail businesses are soaring high and are indeed making a great mark in the country's industrial statistical reports. To support the claims mentioned above, a study on the Australian retailing industry shall be studied in this paper.
The system of retailing business is based upon the process of busying and reselling used or new items to final consumers in the market. This procedure is mainly done by major industries that are not able to manufacture their own products. The idea revolves around the possibilities of creating profit from the manufactured products of several manufacturing organizations through adding a certain amount called interest from the principal or original amount that the products were sold to the retailers. As the products passes through from retailers to retailers, it could be observed that the amount or the price of the product continuously rise as the money aims to suffice the capital or investment placed by the retailers themselves. (ARS, 2006, Internet)
From this point, it could be observed that the business of retail is primarily based on buy and sell procedures. ...
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