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QUESTION NO: 1
Which of the following is the best indicator of effectiveness of inventory control in a store:
A. Dead stocks
B. Shrinkage
C. Damaged stocks
D. None of the above
Answer: B

QUESTION NO: 2
Store resources includes
A. People
B. inventory
C. retail space
D. All the above
Answer: D

QUESTION NO: 3
Faulty scheduling of store associates can cause
A. Unfulfilled labor demand
B. Mismatch between number of associates and shifts
C. Increase in associate attrition rate
D. All of the above
Answer: D

QUESTION NO: 4
Which among the following is not an activity under Workforce Management?
A. Training
B. Recruitment
C. Time & Attendance
D. Stock audits
Answer: D

QUESTION NO: 5
Selling merchandise to other businesses in bulk is known as
A. Loyalty program
B. Institutional sales
C. Promotional sales
D. None of them
Answer: B

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Updated: May 26, 2022