In which phase of the wheel of retailing, the retailers upgrade their facilities a. Selling phase b. Entry phase c. Vulnerability phase d. Trading-up phase
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- 1c. With the support of an example, explain how retail merchandising support the concept of retail management in the real life.20-.............. is critical component of CRM O a . Insourcing O b. customer intimacy O cBuild -to - stock O d. Mass productionQ.1.3 Suggest omni-channel retailing as an option for Mobil’s non-gasoline products.
- Retail Scenario-“INSPYRE” A well-established online fashion store called INSPYRE would like to become a true omni-channel retailer and has plans to open 5 stores nationally in Australia。They range Womenswear， Menswear， Childrenswear, and Homewares。Retail stores have suffered through the pandemic， but they feel confident this is the right strategy for future growth。 Question 4。 This question contains two（2）parts。Answer BOTH parts。 The INSPYRE retail marketing manager is constructing a retail promotional plan to drive customer traffic to the stores，focus on the conversion rate and create a positive overall retail experience。 4a）What key retail promotional tools would be relevant to include？ 4b）Using your understanding of shopper consumer behaviour，discuss five（5）relevant future customer trends from KPMG Retail Outlook and the ACRS presentations that would be relevant to INSPYRE。3- In which among the following merchandise categories, new products are introduced continuously making the existing ones obsolete? a. Basic merchandise categories b. Specialty merchandise categories c. Fashion merchandise categories d. Staple merchandise categoriesQ.4 What is a distribution plan? How to develop it?
- 9. Is this statement true or false? Explain. "If a retailer is effective, but its suppliers are not, then errors and delays in supply from the manufacturer or logistics services provider will impact the retailer and the retailer’s consumers, either in terms of higher prices or stock-outs (no products available on the store shelves)."(1) If most coupons are never used, why docompanies keep distributing so many? (2) Ifwholesalers and retailers can make money selling amanufacturer’s product, why would the manufacturerneed to offer incentives such as sales contests?Q.no.4 List the major tasks involved in developing a retail marketing strategy. Briefly explain how Wal-Mart’s Retail Mix works. ?
- only typoed solutionQuestions 1: The objectives of procurement and purchasing function at the organization have evolved far beyond the traditional mantra of ensuring we "get a good price!" Discuss how this role has changed. Explain the major objectives of procurement and purchasing function in the organization. Provide relevant examples to support your answer Questions 2 Improving the Procure-to-Pay ("P2P") system involves automation of all transactional activities associated with the thread of events that occur from the time of buying a good or service, through the release mechanism, to the point of Issuing payment. Elaborate the steps in Managing the Procure-to-Pay Process. Provide relevant examoles to support your answerHow much will it cost tyo setup a pop up resturant in a upmarket area in Johannesburg?