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Conclusion

The retail industry in India is expanding rapidly with more organized retail contributing to total retail, driven by policy changes allowing more international and private companies; human resource management is crucial to any market's success and organized retailing requires improved HRM practices like recruiting, training, and compensation to better compete and employ more individuals.

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Harshith Mohan
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43 views1 page

Conclusion

The retail industry in India is expanding rapidly with more organized retail contributing to total retail, driven by policy changes allowing more international and private companies; human resource management is crucial to any market's success and organized retailing requires improved HRM practices like recruiting, training, and compensation to better compete and employ more individuals.

Uploaded by

Harshith Mohan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Conclusion

The retail industry in India is expanding rapidly. There is also an increasing contribution from organized
retail to the country's total retail. The changes in policy have been the driving reasons and many more
international and private companies have been placed on the market. The profession of human
resources management plays a significant part in the success of every market or organization.

The procedures in the retail industry have also expanded significantly. Human resource administration is
of major importance and encompasses procedures like recruiting, selection, training and development,
remuneration, performance evaluation etc. In particular, organized retailing. To be more competitive
this HRM practices is going to require greater attention on the increasing market size and as this sector
continuing to employ more and more individuals in the organized retail business.

“If you take care of your people, the business takes care of itself”.

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