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Exam (elaborations)

CMKG CPCM Practice Exams Questions and Answers

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  • Course
  • CPCM - Certified Professional Contract Manager
  • Institution
  • CPCM - Certified Professional Contract Manager

CMKG CPCM Practice Exams Questions and Answers A. Market shares. Through a compilation of banners in the data. Which of the following analytics is NOT available in retailer POS data? A. Market shares. Through a compilation of banners in the data. B. All of these analytics are available in ret...

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  • October 26, 2024
  • 24
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CPCM - Certified Professional Contract Manager
  • CPCM - Certified Professional Contract Manager
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CMKG CPCM Practice Exams Questions
and Answers
A. Market shares. Through a compilation of banners in the data. - answer Which of
the following analytics is NOT available in retailer POS data?

A. Market shares. Through a compilation of banners in the data.
B. All of these analytics are available in retailer POS data.
C. Trends. Through time variations available in the data.
D. Sales and profit analysis. Through total store, aisle, department, brand, and
segment.
E. Shopper insights. Through transactional and shopping basket data.

A. Ensuring the loyalty card data updates correctly. - answer What's the least
important consideration when creating a monthly updated store-level report from
syndicated scanner data?

A. Ensuring the loyalty card data updates correctly.
B. Planning for new store openings or closures.
C. Identifying key performance indicators.
D. Planning for new products that may be introduced after the report is created.

D. $106,250.00 (Work =Sales / AC Distribution... = 8,500,000/80) - answer If a SKU
has achieved $8,500,000 in sales and has 80% ACV distribution, what is its Sales per
Point of Distribution (SPPD)?

A. $531.25
B. $1,062.50
C. $106.25
D. $106,250.00

True (share) - answer True or false? If a retailer sells $135 million in 13 weeks and
grew 20% vs year ago and the Market sells $500 million in 13 weeks and grew 18%
versus a year ago then the retailer is gaining $ share.

A. Share of features by brand divided by the brand's dollar share within the category -
answer How do you determine fair share of features for a brand?

A. Share of features by brand divided by the brand's dollar share within the category
B. Dollar sales sold on feature divided by total dollar sales for a brand
C. Share of features by brand for the market minus share of features by brand for the
retailer
D. Promoted sales share by brand minus base sales share by brand

,A. Market basket analysis - answer Which of the following analyses provides the
information about other products that are purchased at the same time as a specific
category?

A. Market basket analysis
B. Geodemographic analysis
C. Leakage tree analysis
D. Syndicated scanner data analysis

A. Product line extension - answer A Supplier decides to introduce a new product
size in Brand A, which is a 12-pack of smaller-sized products than the original lineup.
What is this an example of?

A. Product line extension
B. Brand extension
C. Cannibalization
D. Incremental contribution

66 (WORK= (1) Sales per $MM ACV: 10,000/25=400 (2) Sales Index:
(400/600)*100=66.6667) - answer Calculate the "Sales Index" based on the following
information: • Store Units: 10,000 • Store ACV $: $25 million • Chain Sales per
$MMACV: 600 Type your numeric answer in the space below.

C. Turf protecting, profit generating, cash generating - answer After developing
measurable category objectives what are some examples of category strategies that
can support the objectives?

A. Price generating, turf protecting, promotional advertising
B. Promotional advertising, price generation, product mobility
C. Turf protecting, profit generating, cash generating
D. SKU proliferation, turf protecting, traffic building

D. A model that spreads the cost of a company's activities evenly across all the
company's products - answer Which of the following descriptions does not describe
activity-based costing?

A. A model that assigns the cost of a company's activities to all the company's products,
according to the amount each product actually consumes
B. A model that translates indirect costs into direct costs
C. A model that accounts for the cost of overhead in the cost of a company's products
D. A model that spreads the cost of a company's activities evenly across all the
company's products

D. Variety and capacity - answer When deciding which products to carry, what are
the two most important factors that retailers must keep in balance?

, A. Number of potential facings and capacity
B. Linear space optimization and capacity
C. Out-of-stocks and turns
D. Variety and capacity

D. To identify potential assortment, pricing, and promotion opportunities for the retailer
from the marketplace. - answer Why is it important to compare a retailer's point-of-
sale data with syndicated market-level data?

A. Retailers' POS data can be inaccurate and inconsistent.
B. Syndicated data cannot be integrated with retailer's point-of-sale data because it
measures different consumers.
C. Syndicated data is more accurate than retailer's POS data and offers a store-level
view of sales trends.
D. To identify potential assortment, pricing, and promotion opportunities for the retailer
from the marketplace.

B. False. GMROI rates need to be compared to other category or vendor results in
order to conclude efficiency. - answer True or false? A minimum GMROI of 2.0
should be attained in order to achieve inventory efficiencies across the store.

A. True. The minimum is required to achieve payout on inventory holding costs.
B. False. GMROI rates need to be compared to other category or vendor results in
order to conclude efficiency.

A. A widget category shopper usually buys widgets at Retailer X. While doing his
grocery shopping at Retailer Y, he notices a floor display and decides to buy his widgets
at Retailer Y instead of Retailer X. - answer Which of the following is an example of
buyer conversion?

A. A widget category shopper usually buys widgets at Retailer X. While doing his
grocery shopping at Retailer Y, he notices a floor display and decides to buy his widgets
at Retailer Y instead of Retailer X.
B. A widget category shopper usually buys one case of widgets at Retailer X while he's
doing his grocery shopping. He's buying supplies for a trade show event later in the
month, so he makes a special trip to Retailer X to buy widgets for the event.
C. A widget category shopper goes to Retailer X to buy widgets, but finds his favorite
brand is out of stock. He decides to wait and buy the widgets on his next visit to Retailer
X.

B. Maximized profit within the planogram. - answer Of the following benefits to
planogram development for retailers and manufacturers, which one LEAST benefits the
all-important shoppers?

A. Consistent category presentation store to store.

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