![]() ![]() Identify the goals of a system of inventory management. Specify the general methods used to drive down costs within a retailer. Recall the format and uses of each of the financial statements. Identify the different types of employee training. Specify the red flags to watch out for when reviewing a job candidate’s references. Recall the reasons why retailers use job interviews. Identify the best practices for reviewing job applications and resumes. Specify the advantages of requiring candidates to complete a job application form. Recall the methods used by a retailer to search for job candidates, and the benefits of each one. Identify how a job analysis and a job description can be used. Specify how an organizational structure can benefit a retailer. Recall the steps used to find an appropriate store location. Recall the most rigid element of a retailer’s strategy. Identify the different research methods used to investigate strategic options. Specify how to minimize customer dissatisfaction with purchased goods. Recall how shopper attitudes towards a retailer can be enhanced. Recall how outshopping applies to a retailer’s strategy. Specify how the different types of retailers conduct their operations. Specify when to use scrambled merchandising. Specify how to simplify and implement a strategy.ĭescribe the characteristics, advantages, and disadvantages of the different types of business organization. Recall the different types of retailer strategies. ![]() Identify the trade-offs involved in developing a strategic plan. Specify the requirements for a retailer’s vision statement. Identify the aspects of an enhanced level of customer service. Specify the requirements of an omnichannel retailing system.ĭescribe the tactics that can be used to increase retail sales. Identify the elements of a seamless shopping experience. ![]()
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