...WHITEFIELD Until the late 1980s, Whitefield was a small village. It has since become a major hub for the Indian technology industry. The Export Promotion Industrial Park (EPIP) at Whitefield of one of the country's first information technology parks - International Tech Park, Bangalore (ITPB) which houses offices of many IT and ITES companies. One of the oldest establishments is Tata Elxsi which came to Whitefield around the late 80s. The EPIP zone has offices of other IT and R&D giant like TCS, Accenture, UTL, Symbian, General Electric, SOA IT Solutions, Wipro, GE Medical Systems, iGate Global Solutions, Sapient, Manhattan Associates, SAP Labs, Dell Services (former Perot Systems), Dell, IBM, Intel, Mindtree Ltd, Sabre Holdings, CapeGemini, ABB and Oracle. INTERNATIONAL TECH PARK BANGALORE or simply ITPB (earlier known as ITPL), in Whitefield, is India’s first hi-tech park of its kind designed to provide a complete "work and play" environment for IT and technology-related businesses opened in 1998. It is unique in its 'work and play' concept, offering high-quality infrastructure combined with extensive amenities and recreational facilities and activities. ITPB has a built-up area of over 2,000,000 sq ft (190,000 m2) with more than 233 companies and over 320,000 people comprised by the community working out of ITPB. There are six buildings, named Discoverer, "Innovator”, Inventor, Explorer,Navigator, Creator, and Pioneer. In addition to this, ITPB also boasts of its own five-star...
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...ANALYSIS OF HONG KONG PRIME RETAIL PROPERTY MARKET In analyzing Hong Kong’s retail property market, in particular the prime shopping mall segment, Michael Porter’s Five Forces Analysis Model is used. According to Porter, corporations in any industry are constrained from maximizing profit not just by rivalry with their competitors but by four further competitive forces. These five forces shape competitive intensity. They are: • Rivalry among competitors in the industry; • Threat of new entrants; • Bargaining power of suppliers; • Bargaining power of buyers; and • Threat of substitute products. Below is the analysis: • Rivalry among Established Competitors: Medium Pressure o Currently, major shopping malls in Hong Kong are primarily managed and owned by a handful of Chinese landlords, including Sun Hung Kai Properties, Henderson Land, Wharf Holdings, Hysan Development, Sino Land, Hang Lung Properties, as well as a few British-backed landlords such as Hongkong Land and Swire Properties. o Retailer demand is focused on prime locations in urban areas rather than secondary streets. These most sought-after locations are top choices for both global and local retailers seeking a presence in the city. Fierce retailer competition for the best locations means that landlords of prime shopping malls are allowed for jockeying for a better market position by select picking their right tenants and by upgrading their tenant and trade mix profiles. o With a common focus on selling...
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...2007 Mall Management – A Growing Phenomenon in Indian Retail Industry ExEcutivE Summary • The Indian retail market is expected to continue its growth trajectory into 2010. • Mall management has been identified as a critical factor for the success of malls and the retail industry across the world. • Mall management broadly includes mall positioning, zoning, tenant mix, promotions/ marketing and facility/finance management. • Currently, the Indian retail market lacks designated mall management firms. Large real estate developers and retail chains either have their own mall management arms operating as subsidiaries or have contractual agreements with international property consultants. • Till recently, mall management was limited to facility management by a majority of developers in India, leading to gaps in mall management practices. • Given the high future supply of malls and increasing competitiveness within the Indian retail market, developers must correctly address these gaps to ensure success. Mall Management – A Growing Phenomenon in Indian Retail Industry introduction Organised retailing in India witnessed a gross turnover of USD 320 billion1 in 2006. Although this figure is low compared with other developed economies, industry experts expect the growth rate of this sector at 35%2 until 2010. At present, about 100 malls are operational at a Pan-India level with a total area of 19 million sq ft. As per the current estimates, about 3003 additional malls are expected...
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...Mission (CB) 3 Business (CB) 3 Major Goals (CB) 4 Corporate Philosophy (PD) 4 Strategic Evolution (PD) 4 Intended Strategies (PD) 5 Emergent Strategies (PD) 6 Stakeholders (EG) 6 Internal (EG) 7 External (EG) 7 Purpose of the Report (CD) 8 Chart for Team Activities (CD) 10 EXTERNAL ANALYSIS (EG) 11 Industry Profits (EG): 12 Industry Segments (EG): 13 Industry Analysis/Porter’s Five Forces (EG) 13 Risk of Entry by Potential Competitors (EG) 14 Entry Barriers (EG): 14 Economies of scale (EG) 15 Product Differentiation (EG): 15 Capital Requirements (EG): 16 Switching Costs (EG): 16 Cost Disadvantages Independent of Scale (CD) 17 Government Policy (CD) 17 Expected Retaliation (CD) 18 Power of Buyers (CD) 18 Power of Suppliers (CD) 18 Threat of Substitutes (CD) 19 Intensity of Rivalry among Established Firms (CD) 19 Industry Attractiveness/Profitability (CD) 19 Summary (Results) of Five Forces (CD) 20 Economic (CB): 22 Technological (CB): 23 Political/Legal (CB): 24 Global (CB): 25 Summary of Analyses and Impact (CB): 25 Strategic Group (PD) 26 Assumptions (PD): 27 Capabilities (PD): 28 Competitive Advantages (PD): 28 Current Strategies (PD): 29 Opportunities and Threats (CD) 30 Research and Development (PD): 34 Strengths (PD): 34 Weaknesses (PD): 35 Production (PD): 35 Strengths: 35 Marketing and Sales (PD): 36 Strengths: 37 Weaknesses: 37 Strengths: 38 Support Activities (EG) 38 Materials...
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...Each strategy situation is different and will need to be analyzed and adjusted to see which one would work best. In these scenarios, I chose to review the Seabrook Mall suit and negotiating new vehicle purchases (Chiaramida, 2010). I will analysis compare and contrast each article for the differences in the negotiation techniques. Article One Seabrook settles mall suit (Chiaramida, 2010). In this article the Seabrook planning board used a collaboration technique and avoidance as part of the negotiation strategy. There was a developer who wanted to build a mall on 47 acres of land they needed to get approval from the planning board to precede with the mall. The name of the company was Developers Diversified Realty. During the time DDR was trying to purchase the land the planning board was holding up the process so, they chose to file a lawsuit to force the board to meet. The Seabrook planning board proceeded to set a date of November 2010. The meeting was not open to the public for discussion. The community was not happy about this but; Seabrook planning did say it would be made available to the public. They planning board agreed to allow DDR to proceed with development of the land to build the mall if DDR would drop the lawsuit. They also stated DDR would need to do road improvements to the main roads around the mall. Article Two The second article is Negotiating New Vehicle Purchases (Craver, 2005) This article deals with a competitive strategy. In this article there are...
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...Women World Mall Executive summary The concept of having all female needs from different products and services is the primary key of our project. Moreover, current harassment issues that disable females to go freely for shopping, self-caring and other female interests would strongly encourage them to use our facility. Adding to the above, the given privacy to females will create good communities for them and make them all feel at comfortable. On the other hand, too many husbands and parents get annoyed from harassment, they see everywhere. The new mall will give those the opportunity to have a peace of mind. In addition, males will be able to go for outings with their friends and colleagues, as they will not be worried about their wives or daughters. The strength of the project is being unique to provide the market with such service. The mall will be targeting high and mid classes. The brands that target those segments will be penetrated to cooperate with and ensure the variety of products and services for our mall customers. The mall investments will be returned within the first three years of operations. Situation Analysis 2.1 Market Summary The malls concept has started in Egypt since 1990s. In this period, all malls were small sized and just provided one type of products that was fashion. Later in mid of 2000s, the mega malls concept that provides variety of services and products to consumers has started with an aggressive acceptance...
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...VSRD-IJBMR, Vol. 1 (6), 2011, 348-361 RESEARCH ARTICLE RESEARCH ARTICLE A Study of Buying Behavior and Brand Perception of Consumers in Shopping Malls 1 M. Yaseen Khan* and 2SM Tariq Zafar ABSTRACT In India Shopping Malls industry is upcoming industry worth Rs 17000 Cr. In NCR (National Capital Region) Gurgaon is the most favorite place for the shopping malls. M.G. (Meharuli – Gurgaon) Road is the place for all famous shopping malls in Gurgaon. In NCR DLF, MGF, JMD, SAHARA, all big players are in the region. On M.G. Road Gurgaon MGF Group has two shopping malls in operation MGF Metropolitan Mall, MGF Plaza, Sahara Group has its Sahara Mall and DLF Group has its City Centre. The project involved the study of comparative analysis consumer buying behavior and brand perception of consumers regarding shopping malls on M.G. Road and Metropolitan Mall as a base. Consumer purchasing power is the main factor, which determines their buying behavior and brand of shopping malls. Shopping Malls are the places for the fun & entertainment, family outing, shopping and eating’s. In shopping Malls age factor is the most dominant factor in daily footfalls. In different shopping malls different age group consumers come and they impact on the buying behavior. Keywords: Shopping Malls, Consumer Behaviour, Brand Perception, Purchasing Power, Fun & Entertainment, Age Factors etc. 1. INTRODUCTION In 2009, India's nominal GDP stood at US$1.243 trillion, which makes it the twelfth-largest...
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...Role of Malls in Dubai Shopping Festival Dubai Shopping Festival (DSF) takes place every winter with its mammoth array of discounts, competitions, prizes, fireworks and entertainment. DSF offers amazing shopping discounts, attracting holiday makers from around the globe keen on grabbing a bargain. Dubai Shopping Festival (DSF) started on February 15, 1996 as a retail event intended to revitalize retail trade in Dubai, United Arab Emirates. It has since been promoted as a tourist attraction. This yearly month long event is usually scheduled during the first quarter of the year, attracting about 3 million people to Dubai. It is the region’s largest and longest running shopping and entertainment extravaganza. DSF has had around 35 million visitors since 1996, who have spent close to Dh74 billion in shopping malls, airlines, hotels and entertainment outlets. In 2009 alone, visitors reached the 3.35 million mark and spent Dh9.8 billion in 32 days of the festival. During Dubai Shopping Festival, shops offer deep discounts on their merchandise, daily car raffles are drawn, and fireworks light Dubai’s night sky. Tourists from all around the world are lured not only for Dubai's tax free shopping, but also for all of the events that take place during the festival. In 2006, the festival was cancelled due to the death of Dubai's ruler, Sheikh Maktoum Bin Rashid Al Maktoum. In addition to Dubai Shopping Festival, Dubai also hosts Dubai Summer Surprises. Dubai is sometimes called the 'city...
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...the objective 4. Formation of action plans 5. Steps to monitor progress 6. Suggestion of optional changes to maintain flexibility 7. Conclusion ATTACHMENT 1.0 Introduction I work as an operation manager in a musical instrument retailing company; my company has a few branches in Klang Valley. The main objective for my company of year 2012 is to increase the image and exposure of the company, thus improve the position of the company in the same industry. Here is my planning: "To establish a flagship store cum customer and product services center at one of the 5 mega shopping mall centres within Klang Valley that provide widest selection of merchandise and high quality of service before 2nd quarter year of 2012" 2.0 Introduction on the goal/objective to be achieved 1) Expand market share Opening a flagship store in one of the 5 mega shopping mall will definitely increase the exposure of the company due to the population. Furthermore, flagship store in Malaysia is not too common, this will attracted public curiosity. Then the public will come to visit the store; virtually will increase the company's level of awareness in the market. Then naturally will increase the business, thereby expanding the market share. 2) Improve company image and build up the brand. We are the first in these industries to set up a flagship store, this not only improve the company's image but also allows the consumer feel more confident about our company and products...
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...PROFILE ON DEVELOPMENT OF GAMING ZONE IN SHOPPING MALL AT PALAYAM, TRIVANDRUM Prepared by: INKEL LIMITED 2012 GAMING ZONE, PALAYAM Page | 1 INVESTMENT PROPOSAL FOR REPUTED GROUPS TO TAKE UP COMMERCIAL SPACE ON LONG LEASE TO DEVELOP GAMING ZONES IN THE SHOPPING MALL 1.0 Introduction 1.1 About INKEL Infrastructures Kerala Limited (INKEL), a Public-Private Enterprise was formed by Government of Kerala (GoK), with 26% stake and 74% with private participation - general public, NRKs, institutional investors etc. Primary objectives of INKEL are to promote, set up, operate and deal with infrastructure facilities, projects and ventures across sectors including SEZs, industrial parks / estates, knowledge parks, roads, rail, port, airport and other facilities. INKEL also acts as a key link between GoK and private sector in facilitating and developing infrastructure, primarily in the State of Kerala. INKEL is one of the major project advisors to the Government of Kerala and also to the organisations and departments which fall under the purview of GoK. 1.2 Brief of the project INKEL proposes to develop the Palayam Area Re-development project under an agreement with Trivandrum Development Authority (TRIDA) and Corporation of Thiruvananthapuram. The project consists of a four star business hotel and a modern shopping mall at Palayam. An area of 10000 Sq.ft has been earmarked for gaming zone inside the shopping mall. The space for gaming zone could be taken on long...
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...PLANNING 1 Topic 1: Ecological Consideration of Site Analysis 1. Choose a Wetland area in the Philippines and do the following: a. Provide a background discussion of the wetland Laguna De Bay -Laguna de Bay is the most important freshwater wetland in the Philippines in terms of support to local communities. However, it is now threatened with inappropriate various development projects and over-exploitation of its resources. -The lake has an average depth of 2.8 metres (9 ft 2 in) and its excess water is discharged through the Pasig River. - Laguna de Bay is the Philippines' largest inland water body covering 98,000 hectares and situated at the heart of the CALABARZON (includes the provinces of Cavite, Laguna, Batangas, Rizal And Quezon) area - the region's highly urbanized and developed center. The lake is bounded by six (6) provinces, twelve (12) cities, and forty-nine (49) municipalities, of which are lakeshore towns. A total of twenty-four (24) sub-basins drain directly to the lake, with the Pagsanjan-Lumban Rivers System contributing to as much as 35% of the total inflow to the lake. (http://www.psdn.org.ph/wetlands/philwetlands.htm#philwet) (http://www.psdn.org.ph/clear/lagunadebay.htm) (http://www.britannica.com/EBchecked/topic/56646/Laguna-de-Bay) b. List down issues and concerns about the wetland. Discuss each issues and concerns. -Shore land encroachment -water pollution - Deforestation and resource extraction - Open dumpsite / Illegal garbage...
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...October 29, 2014 PENN SQUARE MALL Penn square mall is one of the famous mall of Oklahoma City. It is situated at 1901 Northwest expressway in Oklahoma City. More than of 50 stores are opened inside this mall which seems that business is rapidly increasing and really competitive. The mall has two floor and cover the large area with so many entrance and exit door so that huge number of people can visit at a time. The entire mall is covered by different renowned brand stores like Dillard, Apple store, Microsoft windows store, JC penny, Macy’s and so on. And the whole floor of the mall is found to be full of different cart doing different small business of clothes, bakery, and helicopter for kids, mobile case, sun glasses, scarf etc. well these carts are surrounded by the big branded stores of clothes, jewelers, electronic gadget. These stores have really helps to provide variety of branded things to their customer. Therefore the most powerful symbol of this emphasis on material is the shopping centre. Likewise, the mall has provided the facility of different food court on the second floor of the building. Some of them are sarku Japan, taco bell, chickfilla, Cajun café, freshens and so on. These all food court has its own kind of different food item. They provide fresh food to their customer with different taste of food. Such variety and unique foods makes the customer to spend more money on food item. So that mall has really benefited from this food courts also...
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...Observation In this paper, I am to describe and discuss my observations of the people at the mall. I was going to observe the people at the medical place I go to with my Grandmother but I was not feeling well on Wednesday so my Aunt went with her. I did not know what I had, if I was getting a cold or if it was just allergies. Better safe than sorry. Since I did not go to the metical place I was going to observe my neighborhood, there is usually quite a few people out but this time there was not a lot so since I was feeling better on Friday, my sister and I went to the mall. We went to a store call JCPenney. This was Friday late afternoon. After that I asked if we could grab a snack and sit and observe people for this paper. Before I go into the details of the observation, I want to talk about culture. According to the texbook, it defines culture as “ideas and behaviors that are learned and transmitted. Nongenetic means of adaptation (Park,2014,pg12). With that being said, you can find all kinds of culture if you look hard enough and closely. I have noticed that different races have different cultures. But in my observation I did notices that one thing stayed the same. The respect of the elderly. It is good to see that in every culture they teach the respect of their elders. Also I noticed that this generation of younger children have to be told to say excuse me, thank you and please. All the races were about the same 2 with the no manners. I am not sure if it just here or if it is everywhere...
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...Research Paper Shopping Malls have been around for centuries their ancestor were enclosed such as the agora of ancient Greece or the Palais Royal of prerevolutionary Paris, and covered like the Jerusalem bazaar and the famous Istanbul’s Grand Bazaar. There are much closer ancestors but as famous as the old ones, the Galleria Vittorio Emanuele II in Milan built in 1867 is well known as it is a covered prolongation of the street with its shops, café and restaurants on two levels. The mall that we know nowadays was introduced by Victor Gruen, who designed the first famous modern mall, the indoor version of the traditional marketplace; it was an enclosed climate-controlled indoor mall in Minnesota in 1956. Since then malls have been around us and are now part of our culture. This paper will argue that malls play significant roles in suburban life. Some people believe that malls are destructive towards our life style. In some ways this is true. Malls do standardize the way of shopping by bringing all the wants and need of our society together but people forget that malls implements their own positive lifestyle. I will highlight three main arguments to demonstrate that malls represent well our culture and play a significant role in the suburban life. First by their design as there are nowadays not only places to shop but are artistic structures, secondly by the way they serve socials functions and finally that they provide a safe environment. Shopping malls are originally designed...
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...parties. There are numerous styles of negotiation strategies that an individual can use to have a fruitful negotiation. Several negotiation strategies are including collaboration, accommodation, competition, and avoidance (Lewicki, Saunders, & Barry, 2006). Dependent on the situation, one strategy may be more effective than another strategy. Two such examples in which different negotiation strategies were functional are Negotiating New Vehicle Purchases (Craver, 2005) and Town Settles Mall Suit (Chiaramida, 2010). A review of each article, including the application of negotiation strategies and a compare and contrast analysis will highlight the differences from each scenario. Article One (Distributive) In Negotiating New Vehicle Purchases (Craver, 2005), the competitive strategy is used. The article walks through six negotiation stages encountered when purchasing a car. The goal of the article is to prepare the buyer for the dealership’s tactics and maximize the buyer’s negotiation power. The first negotiation phase begins before entering the dealership by determining the true dealer cost for a vehicle. The second negotiation phase begins the discussion with a salesperson over price. The third phase reviews how to react when the sales manager rejects the offer and the salesperson attempts to raise the agreed-upon price. The fourth phase begins negotiation over trade-in values, when applicable. The fifth phase moves into negotiation financing, and the sixth and final phase...
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