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1. What is the primary purpose of gathering Shopper Data in category management?
A) To track the shipping process of products
B) To monitor employee performance in stores
C) To increase the number of products on store shelves
D) To identify clear insights that guide actions and decisions
2. Which of the following best defines the key stages and components of a retail supply chain?
A) The transportation and storage of goods from manufacturers to warehouses
B) The marketing strategies used to promote products to customers
C) The financial planning and budgeting for inventory purchases
D) The processes and systems that ensure product flow, reduce waste, and impact freshness, cost, availability, and customer satisfaction
3. What is Brand A's Item Share based on the information below?
* Brand A has 32 items
* Brand B has 15 items
* Total Category has 108 items
A) 46.8
B) 29.6
C) 13.9
D) 15.7
4. What does Shrink % measure in inventory management?
A) The percentage of profit generated from promotional activities.
B) The percentage of inventory replenished to maintain stock levels.
C) The percentage of inventory lost due to theft, spoilage, damage, or administrative error.
D) The percentage of inventory sold during a specific time period.
5. What is the Dollar Sales per $MMACV for the Product Group in Store 478?
A) $4,000
B) $200
C) $50
D) $5,000
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: D |
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