Attempt all the questions described below:
Question 1: Critically analyze the relationship between Store Operation, Store Environment, Productivity and Profitability in retail operations.
Question 2: Describe the benefits of using Demographic and Psychographic segmentation.
Question 3: Describe the steps included in the Manpower Planning.
Question 4: What information is needed to successfully manage the supply chain? Explain each of such elements in brief.
Question 5: What are the various ways in which the optimization of space availability is accomplished?
Question 6: Describe the transaction drivers and their importance in retail.
Question 7: How do you distinguish between conventional and contemporary retails formats?
Question 8: What is the significance of Product-Customer Matrix? Discuss its impact in a retail store in customer viewpoints.
Question 9: What significant steps are followed in setting up the Standard Operating Procedure (SOP)? Describe with appropriate illustrations.