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NRF customer service chapter 3 questions and Answers Latest Update Fully Solved 100%

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Upselling - A sales associate who sells a slightly higher item to a customer who originally wanted a lower priced item loss - when assets of a business are stolen or missing due to error Physical Inventory - a type of inventory control in which every piece of merchandise in the store is counted Planogram - a visual map that shows shelf heights, merchandise and signage placement that maximizes the display space Pre-priced Inventory - merchandise that arrives at the store with price tags already attached Purchase Order (PO) - a detailed list of vendor items requested by the store which lists sizes, color models, etc. as well as the quantity to be ordered Shoplifting - carrying, hiding, concealing or otherwise manipulating merchandise with the intent of taking it or paying less for it Shortage - theft or merchandise or employee errors in receiving merchandise causes this The first thing you should do if someone spills food/drink is.... - erect a barrier, direct traffic away Shrinkage - loss of merchandise caused by shoplifting, employee theft or employee error Fraud - means of stealing by trickery, such as stolen debit/credit cards, counterfeit money, currency switching, package switching, refund fraud, refund abuse and stolen or bad checksReserved - To hold back on feelings and opinions Restitution - The giving of something in return to solve a previous problem Target Market - The most likely customers to buy a product or service Unintentionally - To not mean something;not d

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NRF customer service chapter 3
Upselling - A sales associate who sells a slightly higher item to a customer who originally wanted a
lower priced item



loss - when assets of a business are stolen or missing due to error



Physical Inventory - a type of inventory control in which every piece of

merchandise in the store is counted



Planogram - a visual map that shows shelf heights, merchandise and signage placement that
maximizes the display space



Pre-priced Inventory - merchandise that arrives at the store with price tags already attached



Purchase Order (PO) - a detailed list of vendor items requested by the store which lists sizes, color
models, etc. as well as the quantity to be ordered



Shoplifting - carrying, hiding, concealing or otherwise manipulating merchandise with the intent
of taking it or paying less for it



Shortage - theft or merchandise or employee errors in receiving merchandise causes this

The first thing you should do if someone spills food/drink is.... - erect a barrier, direct traffic away



Shrinkage - loss of merchandise caused by shoplifting, employee theft or employee error

Fraud - means of stealing by trickery, such as stolen debit/credit cards, counterfeit money,
currency switching, package switching, refund fraud,

refund abuse and stolen or bad checks

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