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"The budgeting process for indirect costs and functional account expenses is more difficult ...
"The budgeting process for indirect costs and functional account expenses is more difficult than for direct costs and natural account expenses." Explain this statement.
A. Differentiate between top-down budgeting and bottom-up budgeting.b. Describe the relative ...
a. Differentiate between top-down budgeting and bottom-up budgeting. b. Describe the relative advantages and disadvantages of each approach to budgeting.
A retailer compared its key business ratios with data available from secondary sources. The retailer ...
A retailer compared its key business ratios with data available from secondary sources. The retailer noted poorer than average performance on the following ratios: current ratio, collection period, and overall gross profit. Develop specific recommendations in improving the performance on these ratios.
A. Describe the relationship among profit margin, asset turnover, and financial leverage.b. Explain ...
a. Describe the relationship among profit margin, asset turnover, and financial leverage. b. Explain how each of these ratios can be improved. Be specific in your answers.
A. What is the role of reach versus frequency in terms of promotion mix timing?b. Describe the ...
a. What is the role of reach versus frequency in terms of promotion mix timing? b. Describe the importance of reach and frequency in media choice to a retailer.
"A good retail promotional plan requires coordination in terms of media and timing. A good ...
"A good retail promotional plan requires coordination in terms of media and timing. A good promotional plan also needs to be coordinated with the other elements of the retail mix." Explain this statement.
What are the advantages and disadvantages of advertising, public relations, personal selling, and ...
What are the advantages and disadvantages of advertising, public relations, personal selling, and sales promotion from the perspective of a large retail chain?
What are the advantages and disadvantages of advertising, public relations, personal selling, and ...
What are the advantages and disadvantages of advertising, public relations, personal selling, and sales promotion from the perspective of a small independent retailer?
A. Differentiate among minimum expectations ("dissatisfiers") and desired goals ...
a. Differentiate among minimum expectations ("dissatisfiers") and desired goals ("satisfiers"). b. Which approach to employee supervision would be most prone to use a flat organization? A decentralized organization? Profit sharing? Explain your answers.
A. Differentiate between pre-training and training programs.b. Do all employees need pre-training? ...
a. Differentiate between pre-training and training programs. b. Do all employees need pre-training? Explain your answer. c. Is training a continuous activity? Explain your answer.
A. Differentiate between an application blank and a weighted application blank.b. Explain how a ...
a. Differentiate between an application blank and a weighted application blank. b. Explain how a weighted application blank can be used to successfully reduce turnover of newly hired buyers.
A. Differentiate between a traditional job description and a goal-oriented job description.b. ...
a. Differentiate between a traditional job description and a goal-oriented job description. b. Prepare a goal-oriented job description for a manager of a large appliance retailer that is part of a major chain.
A. Examine the special human resource environment experienced by a fast-food franchise restaurant.b. ...
a. Examine the special human resource environment experienced by a fast-food franchise restaurant. b. How can the franchise effectively manage its personnel in this environment?
A. Differentiate among the main store control organization, the separate store organization, and the ...
a. Differentiate among the main store control organization, the separate store organization, and the equal store organization as applied to department stores. b. Under what conditions should each arrangement be used?
A. Compare the organizational arrangements used by small independent retailers to those used by ...
a. Compare the organizational arrangements used by small independent retailers to those used by chain retailers. b. What factors account for the difference in organizational arrangements?
Develop an organization chart for a department store with three branch locations and a main store. ...
Develop an organization chart for a department store with three branch locations and a main store. The branch outlets require some autonomy for merchandising and operations decisions; however, common promotional events and merchandise are required. The firm also believes in flat retail organizations.
A. Explain which channel member retail tasks can be typically assigned to customers.b. What risk ...
a. Explain which channel member retail tasks can be typically assigned to customers. b. What risk does a retailer have in the division of retail tasks to consumers?
A. Describe the advantages of Web-based retailers in comparison with traditional store retailers.b. ...
a. Describe the advantages of Web-based retailers in comparison with traditional store retailers. b. Describe the disadvantages of Web-based retailers in comparison with traditional store retailers.
What are the disadvantages of a retailer's determining space needs using a strict interpretation of ...
What are the disadvantages of a retailer's determining space needs using a strict interpretation of the model stock approach? The sales-productivity ratio?
A. Distinguish among functional, purchase motivation, market segment, and storability product ...
a. Distinguish among functional, purchase motivation, market segment, and storability product groupings. b. Explain how a department store could use all of the product groupings in classifying its store offerings.
A. Distinguish among selling space, merchandise space, personnel space, and customer space.b. ...
a. Distinguish among selling space, merchandise space, personnel space, and customer space. b. Describe how the allocation of these space components would vary by low-end versus high-end retailers.
