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1. Which of the following is the best indicator of effectiveness of inventory control in a store:
A) None of the above
B) Damaged stocks
C) Dead stocks
D) Shrinkage
2. Which among the following would not be an example of a security system in a store
A) Productivity rating system
B) Electronic Surveillance system
C) Camera surveillance
D) Intruder alarms
3. Primary functions of a POS system are
A) Goods return and exchanges
B) Payment & cash returns
C) All the above
D) Sales
4. What remedial measure/s taken when poor sales per sq foot is noticed?
A) Reduce no. of employees in the store
B) Increase categories/brands
C) All the above
D) Reduce stock
5. Signages would be a core component of
A) Visual merchandising
B) Security systems
C) Cash management system
D) Inventory control
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: A |
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