The impact of e business on organized retail sector

Introduction Retail Segment is one of the most important business sectors for any country from its economic strength perspective Based on various definitions of the term Business the basic concept behind business may be summarized as an economic system or business organization in which either services or goods or both are exchanged for some consideration which may be the product of business or service of business or for money. Thus the movement of goods or services from manufacturer/service provider to consumer is an important aspect here. Also, every business requires an investment in some form or other and customers/consumers to whom its output can be sold on a regular basis in order to generate profits.