Topic: Instructions
This assignment consists of 2 parts.
Part A – Chapter 10
Write a short paragraph discussing what you think are the most challenging operational policies regarding:
employees,
store maintenance,
inventory.
For each of the above, explain briefly (in 1 or 2 lines) why you think they take the most time, energy, and focus of a retail manager. Propose atleast one possible solution to making those tasks run more smoothly.
Follow the same numbering order. For example:
Part A
Employees – Write a challenge, give a brief explanation and write a possible solution to overcome the challenge.
Store maintenance – Write a challenge, give a brief explanation and write a possible solution to overcome the challenge.
Inventory – Write a challenge, give a brief explanation and write a possible solution to overcome the challenge.
Part B – Chapter 11
Read the section on Brand Selection as well as check online. Write any 2 large categories of retail market. List 1 large retailer in each category and 3 of their popular brands. No explanations required here.
For example, Consumer electronics is a large retail category. 1 large retailer that sells consumer electronics is Best Buy. 3 of their popolar brands are Apple, Samsung and Dell.
Food & Beverages is a large retail market and Walmart is a large retailer that sells food & beverages. Popular food brands in Walmart include Pepsi, Nestle & Hersheys.
For 1 extra credit point, give the name of 2 store brands or private labels offered in one or both of the retailers you mentioned here. For example, Walmart’s private label brands would be Great Value and Equate. Some retailers like Costco may have only 1 store brand. In that case, write one more from another retailer.
Rubric
Part A: 6 points
Part B: 4 points
No need to respond to another student’s post.
Use the same numbering as given in the instructions.
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