Attempt all the problems described below:
problem 1: Critically analyze the relationship between Store Operation, Store Environment, Productivity and Profitability in retail operations.
problem 2: Describe the benefits of using Demographic and Psychographic segmentation.
problem 3: Describe the steps included in the Manpower Planning.
problem 4: What information is needed to successfully manage the supply chain? describe each of such elements in brief.
problem 5: What are the various ways in which the optimization of space availability is accomplished?
problem 6: Describe the transaction drivers and their importance in retail.
problem 7: How do you distinguish between conventional and contemporary retails formats?
problem 8: What is the significance of Product-Customer Matrix? Discuss its impact in a retail store in customer viewpoints.
problem 9: What significant steps are followed in setting up the Standard Operating Procedure (SOP)? Describe with appropriate illustrations.