correct answers
1. Is the acronym GMROI important to the practice of category management? - correct answer ✔✔No
1. Is the acronym DSD in-store merchandising materials used to catch shopper's attention? - correct
answer ✔✔No
1. Does referring to a product as incremental mean that the product is unavailable at the shelf or point
of purchase? - correct answer ✔✔No
1. Which one of these statements best represents an attribute of a Club store? - correct answer ✔✔1.
a. Club stores offer a better value for consumers and as a result of that the channel is growing
1. Which of the following best describes three in-store retail factors affected by SKU proliferation? -
correct answer ✔✔a. Variety, placement and space
1. Which of the following pricing strategies is Walmart's primary go to market approach? - correct
answer ✔✔a. EDLP
1. Which of the following best reflect the tactics of limited assortment stores? - correct answer ✔✔a.
Limited SKU counts, low prices, limited service, small store footprint
1. The grocery industry is basically recession proof; therefore in difficult economic time's shelf planning
strategy won't change. - correct answer ✔✔False
1. Is Base Volume additional sales beyond what is expected due to promotional activity? - correct answer
✔✔No
1. Is the acronym DOS the average number of days current inventory will last? - correct answer ✔✔Yes