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| Section | Objectives |
|---|---|
| Retail Store Operations | - Sales and Performance Metrics
|
| Workforce & Store Management | - Store Workforce Activities
|
| Inventory and Stock Management | - Inventory Control Processes
|
| Customer & Store Experience | - Customer Service Principles
|
1. Store facilities are
A) Restroom and Cafeteria
B) Lighting and Electrical Systems
C) All of the above
D) Parking
2. Which workforce management system has a long track record in the retail Industry for both Labor scheduling and Time and attendance functions?
A) Blue cube
B) Kronos
C) None of the above
D) Work brain
3. Scheduling involves
A) Outlining tasks and responsibilities
B) Labor demand prediction
C) All of the above
D) Ensuring optimal availability of staff
4. Which of the following equations can be used to calculate shrinkage in a mens shirts store?
A) No. of shirts in stock-No. of shirts sold
B) No. of defective shirts in stock-No. of shirts in system inventory
C) No. of shirts in stock-No. of shirts in system inventory
D) No. of shirts in stock-No. of shirts arriving in store
5. Improper price tagging will lead to
A) Loss of Sales
B) Customer dissatisfaction
C) Inventory mismatch
D) All of the above
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: D |
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