Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Forum 4 (Module 4)

Forum 4 (Module 4)

Q 1. How can retailers use hiring, selecting, training, and motivating employees in their human resource management practices to gain competitive advantage?

Q 2. Explain how an efficient supply chain system can increase a retailer’s level of product availability and decrease its inventory investment.3. Explain the differences between pull and push supply chains.4. Think of one of your favorite places to shop. How does this retailer create customer loyalty and satisfaction, encourage repeat visits, establish an emotional bond between the customer and the retailer, know the customer’s preferences, and provide personal attention and memorable experiences to its best customers?

View Related Questions

Solution Preview

I think that retailers can curtail their overall expenses by cutting down on the remunerations and the salaries which are to be paid to the newly hired employees or the existing employees. The retailers can cut down on the percentages of salary hikes and increments in remuneration of the existing employees at their discretion by justifying their plan of action by showing some cause about curtailing the percentages of salary hikes and increments in remuneration of the existing employees.