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1.
Whilst preparing a Location Brief for the Realty Agent hired by your company,
what principles of Store Locations would you include?
Answer: Suppose
you have a retail store in a remote location with a very good assortment of
products to sell, but very few customers visit your store. This is because your
store is located far away from the main city. In such a case, it can be
difficult for you to sell your products and earn revenue. Therefore, selecting
the best location for a store is of utmost importance in retail business. Let
us study more about store
2.
To the IT Department workforce, you, as the Business Manager for Retail
Division, have to explain how other than just data management and operations,
their department provides critical inputs in planning the store design?
Answer: With
ever-increasing competition in retail environment, store ambience has become an
important aspect to attract consumers. Today, consumers prefer to visit a store
that provides a clean, well-lit shopping
3.
In an official in-store presentation, you are to enumerate the Category
Management Process:
a)
Illustrate a step-by-step process?
b)
What examples would help understand Category Tactics part of the process?
Answer: a) Category
management is a retailing and purchasing concept in which the range of products
purchased by a business organization or sold by a retailer is broken down into
discrete groups of similar or related products; these groups are known as
product categories (examples of grocery categories might be: tinned
Complete Assignment available for NMIMS
in rs 250 per assignment only
You can call us 87-55555-879
Within 1 hour will revert you by mail
Sample only
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