Attribute of a club store - Study guides, Class notes & Summaries

TSI Testing 126 Questions with Verified Answers In 2010, talk show host Oprah Winfrey and novelist Jonathan Franzen kissed and made up after a nine-year feud. In 2001, Franzen was disinvited from appearing on Winfrey's TV show to pitch his novel The Corrections after he made it clear that he was unhappy about the book's being chosen for the Oprah Book Club. Describing his work as "in the high-art literary tradition," Franzen said he didn't want to be associated with the Club, which he accuse...

CPCA Exam Questions With Complete Solutions 100% Solved Is the acronym ACV the total sales volume reported for a store or group of stores- Yes or No? Yes Is a consumer the person who buys the product-yes or no? No Does referring to a product as incremental mean the the product is unavailable at the shelf or point of purchase- yes or no? No Which of the following is not a specific trend in category management? A. Industry consolidation B. the use of shopper insights C. Reliance on fr...

CPCA Exam Questions With Complete Solutions 100% Solved Is the acronym ACV the total sales volume reported for a store or group of stores- Yes or No? Yes Is a consumer the person who buys the product-yes or no? No Does referring to a product as incremental mean the the product is unavailable at the shelf or point of purchase- yes or no? No Which of the following is not a specific trend in category management? A. Industry consolidation B. the use of shopper insights C. Reliance on fr...

CPCA Exam Questions With Complete Solutions 100% Solved Is the acronym ACV the total sales volume reported for a store or group of stores- Yes or No? Yes Is a consumer the person who buys the product-yes or no? No Does referring to a product as incremental mean the the product is unavailable at the shelf or point of purchase- yes or no? No Which of the following is not a specific trend in category management? A. Industry consolidation B. the use of shopper insights C. Reliance on fr...

CPCA Practice Test Complete Questions with 100% Correct Answers 1. Is the acronym GMROI important to the practice of category management? No 1. Is the acronym DSD in-store merchandising materials used to catch shopper's attention? No 1. Does referring to a product as incremental mean that the product is unavailable at the shelf or point of purchase? No 1. Which one of these statements best represents an attribute of a Club store? 1. a. Club stores offer a better value for consumers and...

CPCA Practice Test Complete Questions with 100% Correct Answers 1. Is the acronym GMROI important to the practice of category management? No 1. Is the acronym DSD in-store merchandising materials used to catch shopper's attention? No 1. Does referring to a product as incremental mean that the product is unavailable at the shelf or point of purchase? No 1. Which one of these statements best represents an attribute of a Club store? 1. a. Club stores offer a better value for consumers and...

What best describes the grocery channel? - Answer-higher operating expenses creating higher overhead resulting in tighter margins and higher prices tactics of limited assortment stores - Answer-Limited SKU counts, low prices, limited service, small store footprint attribute of a Club store - Answer-tend to have less operating expenses and less overhead so prices are generally lower EDLP - Answer-offers shoppers everyday low prices on all items High/Low - Answer-offers higher everyday pric...

CPCA Practice Exam Questions With 100% Correct Answers Why is "channel blurring" occurring in the retail industry? -Answer-All of these are correct. Channel blurring is occurring because of many changes in the retail industry - all of the traditional channel rules are being broken! Dollar Stores have begun to appeal to high income families in the United States and Canada. Why is this happening? -Answer-Low prices on certain items are important to some upscale families. Which of the fol...

CPCA Practice Test Complete Questions with 100% Correct Answers 1. Is the acronym GMROI important to the practice of category management? No 1. Is the acronym DSD in-store merchandising materials used to catch shopper's attention? No 1. Does referring to a product as incremental mean that the product is unavailable at the shelf or point of purchase? No 1. Which one of these statements best represents an attribute of a Club store? 1. a. Club stores offer a better value for consumers and...

CMA Certification - CPCA EXAM Questions With Complete Solutions Which of the following statements describes a product that is incremental? - answerA product that adds variety of choice relative to other existing products Basic Industry Knowledge - answer which of the following is not a specific trend in category management - answerindustry consolidation what is in store merchandising materials used to catch shoppers attention - answerPOP When looking at channel dynamics which one of thes...