Edlp - Study guides, Class notes & Summaries

Which of the following is a benefit of fast zoning for our customers and our associates? correct answersAll of the listed answers are correct How do we provide Every Day Low Price (EDLP) to our customers? correct answersBy ensuring we do our part to maintain Every Day Low Cost (EDLC) Which of the following can contribute to increased shrink? correct answersForgetting to check on BOB and LISA Which of the following means being aware of your surroundings and what customers are doing? corr...

CPCA Exam- Basic industry knowledge Q & A • When looking at channel dynamics which one of these statements best describes the grocery channel? -Answer-Grocery stores have higher operating expenses creating higher overhead resulting in tighter margins and higher prices • Which of the following best describes why channel blurring is occurring in our industry? - Answer-All of the above: increasing growth of alternative store formats, increased competition for consumer spending, items carr...

CPCA Practice Test Complete Questions with 100% Correct Answers 1. Is the acronym GMROI important to the practice of category management? No 1. Is the acronym DSD in-store merchandising materials used to catch shopper's attention? No 1. Does referring to a product as incremental mean that the product is unavailable at the shelf or point of purchase? No 1. Which one of these statements best represents an attribute of a Club store? 1. a. Club stores offer a better value for consumers and...

CMA Certification - CPCA EXAM |115 Questions| With Correctly Solved Solutions Which of the following statements describes a product that is incremental? -Answer-A product that adds variety of choice relative to other existing products Basic Industry Knowledge -Answer- which of the following is not a specific trend in category management -Answer-industry consolidation what is in store merchandising materials used to catch shoppers attention -Answer-POP When looking at channel dynamics whi...

CPCA Exam Questions With Complete Solutions 100% Solved Is the acronym ACV the total sales volume reported for a store or group of stores- Yes or No? Yes Is a consumer the person who buys the product-yes or no? No Does referring to a product as incremental mean the the product is unavailable at the shelf or point of purchase- yes or no? No Which of the following is not a specific trend in category management? A. Industry consolidation B. the use of shopper insights C. Reliance on fr...

CPCA Mini Exams combined Questions With Complete Solutions 100% Solved • A measure that reflects the average product price in retail stores when any merchandizing condition was in effect: - answerPromoted price Average non promoted price: Average promoted price: Average price per unit: - answerhighest value lowest value median • At what product level is average unit price (both regular and feature) MOST effective, why? - answerItem level, average unit price should only be used at a...

CPCA Exam Questions With Complete Solutions 100% Solved Is the acronym ACV the total sales volume reported for a store or group of stores- Yes or No? Yes Is a consumer the person who buys the product-yes or no? No Does referring to a product as incremental mean the the product is unavailable at the shelf or point of purchase- yes or no? No Which of the following is not a specific trend in category management? A. Industry consolidation B. the use of shopper insights C. Reliance on fr...

CPCA Mini Exams combined Questions With Complete Solutions 100% Solved • A measure that reflects the average product price in retail stores when any merchandizing condition was in effect: - answerPromoted price Average non promoted price: Average promoted price: Average price per unit: - answerhighest value lowest value median • At what product level is average unit price (both regular and feature) MOST effective, why? - answerItem level, average unit price should only be used at a...

CPCA Practice Test Complete Questions with 100% Correct Answers 1. Is the acronym GMROI important to the practice of category management? No 1. Is the acronym DSD in-store merchandising materials used to catch shopper's attention? No 1. Does referring to a product as incremental mean that the product is unavailable at the shelf or point of purchase? No 1. Which one of these statements best represents an attribute of a Club store? 1. a. Club stores offer a better value for consumers and...

CPCA Mini Exams combined Questions & Answers 2023/2024 • A measure that reflects the average product price in retail stores when any merchandizing condition was in effect: - ANSWER-Promoted price Average non promoted price: Average promoted price: Average price per unit: - ANSWER-highest value lowest value median • At what product level is average unit price (both regular and feature) MOST effective, why? - ANSWER-Item level, average unit price should only be used at an item ...