Reduced Stockouts And Employee Productivity Assignment
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
Reduced Stockouts And Employee Productivity Assignment
Which of the following does not indicate conditions that lead to intense rivalry that adversely affect a
retailer who wants to enter the market?
High fixed costs
A large number of retailers with different sizes
A lack of perceived differences between competing retailers
Slow growth
What type of product will a consumer look for without regard to time, money, or effort?
Impulse product
Comparison product
Time-crunch product
Specialty product
Ian’s job at the Nordstrom distribution center is to place some of the incoming apparel on hangers in size
order before rolling them down to be ticketed. Ian is preparing the merchandise to be
sorted and repacked for the conveyor.
cross-docked.
floor-ready.
ready for logistics.
The primary strategic objective of human resource management is to
introduce new services in order to obtain customer loyalty.
make sure the retailer abides by all state and federal laws.
align the capabilities and behaviors of employees with the goals of the retail firm.
decrease turnover.
Which benefits does efficient supply chain management provide retailers concerning product availability?
Reduced stockouts and employee productivity
Increased backup stock level and reduced stockouts
Increased stock level and tailored assortments
Reduced stockouts and tailored assortments
A retailer can work to retain employees and build a mutual commitment best by
treating employees all the same.
reducing its fixed costs.
empowering employees.
promoting the company.
Although retailers gain economies of scale from opening multiple locations in an area, they also suffer
diminishing returns associated with locating too many additional stores in an area. This is called
economies of scope.
channel integration.
channel competition.
sales cannibalization.
Which of the following describes the market expansion growth strategy?
Opening stores of the same retail format in new market segments.
Realizing growth by directing efforts toward existing customers using the retailer’s present retailing format.
Keeping existing stores open for longer hours.
Displaying merchandise to increase impulse purchases and training salespeople to cross-sell.
Demarkus finally received financial backing from his wealthy aunt in order to open a pawn shop. He
contacted the landlord of a nearby shopping center since he had his eye on a vacant storefront. To his
surprise, his request for a lease was denied. What most likely prevented the landlord from leasing to
Demarkus?
A licensing clause
A fixed-rate clause
A prohibited use clause
An escape clause
For fashion merchandise where there is only one shipment of the product or collection, the best supply
chain method to use is the _______ strategy.
pull supply chain
push supply chain
cross check logistic
cost efficient logistic
What type of retailer would most likely benefit from the use of direct store delivery?
A big box electronics retailer
A big box discount store
A large department store
A supermarket
Which of the following ratios is included as an integral part of the strategic profit model?
Net profit margin
Current liabilities
Inventory turnover
Retained earnings
The information used to analyze a retailer’s asset management path primarily comes from the
financial leverage statement
income statement
strategic profit model
balance sheet
Which of the following statements regarding the customer pyramid is true?
Customers in the Iron segment in the customer pyramid need special attention from the retailer to grow their potential to be
better customers.
Customers in the Gold segment are the most profitable and loyal customers.
Customers in the Lead segment may actually cost the retailer money to serve them.
All customers regardless of their segment must receive equitable promotional benefits.
How do retailers and vendors ensure that information that passes back and forth between retailers and
vendors is secure?
With a high level of planning, implementation and control of the flow of information, then the information will be secure.
The system ensures that the information received has not been tampered with by ensuring that the communication is both
authentic and authorized.
- Paper hard copies are sent to one another for comparison to be certain that the information is accurate.
- Suppliers, customers and new clients all have a form of access to information.
If Mohammed wanted to examine the assets and liabilities of the Silver Exchange Coin Shop for the
end of the year, he should look at its
profitability statement.
balance sheet.
financial leverage statements.
income statement.
Craig works for a retailer planning what merchandise will be in the assortments, setting prices,
negotiating with vendors and planning advertising and marketing for intimate apparel. He attends fashion
trade shows and travels to market in New York City nearly every month. What position in the
organizational structure of a retailing firm does Craig have?
Buyer
Merchandise planner
Store manager
Divisional merchandise manager
Why have some vendors and retailers chosen not to adopt RFID tagging?
They believe the additional costs do not benefit the return on investment.
They’re concerned about the potential health risk of radio frequency.
End of exam
They’re concerned about the data storage falling into the wrong hands.
They don’t want to replace people with the devices.
Goodwill Industries frequently hires disabled people as part of the community thrift store personnel.
Which objective does Goodwill Industries value by this practice?
Personal
Societal
Financial
Administrative
Val is concerned that the commissioned salespeople in her fur shop aren’t keeping the store clean and
merchandise properly displayed. What should she do?
Increase the sales commissions for her salespeople.
Stock less merchandise.
Fire the salespeople and hire new ones.
Change the incentives from commissions to bonuses.
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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