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Which type of store space allocation begins planning at the individual product level and then proceeds to the category, total store, and overall company levels?A top-down space management approachA bottom-up space management approachMicro-merchandisingCategory management
The tradeoffs between faster delivery times from suppliers and higher shipping costs is studied as part ofcredit management.inventory management.store security.computerized controls.An appliance retailer decides to have an independent trucker handle delivery of its appliances. This strategy illustrates
rationalized retailing.the wheel of retailing.the retail life-style.outsourcing.
Computerized checkouts are more advanced than electronic point-of-sale systems. True False
Store security includes both personal security and merchandise security.True FalseWith cross-training, the tasks of personnel with similar positions in different departments are rather uniform. True False
The job descriptions in a multi-department retailer are uniform for a given position (such as a cashier) incross-training.job rotation.job standardization.job enlargement.
The opposite strategy to having a distinctive merchandising approach is ___________.rationalized retailing
The highest degree of centralized management control occurs in __________. rationalized retailingThe required number and type of employees needed can be pre-determined using a(n) __________.workload forecast)A retailer needs to list all of the operating functions to be performed with __________. Operations BlueprintsA retailer needs to list all of the operating functions to be performed with __________.