D28 ASM 05/06/25

D28 ASM 05/06/25

Assessment

Flashcard

Mathematics

Professional Development

Practice Problem

Hard

Created by

Wayground Content

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15 questions

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1.

FLASHCARD QUESTION

Front

What is the strike rate in retail context?

Back

The strike rate refers to the percentage of successful sales or transactions compared to the total number of opportunities or attempts.

2.

FLASHCARD QUESTION

Front

What does a 25% discount mean?

Back

A 25% discount means that the price of an item is reduced by 25% of its original price.

3.

FLASHCARD QUESTION

Front

What is the significance of the date May 4, 2025, in retail promotions?

Back

It marks the start date of a promotional event, such as a sale or discount period.

4.

FLASHCARD QUESTION

Front

What does WGI stand for in retail operations?

Back

WGI stands for 'Weekly Goal Indicator', which helps track performance against sales targets.

5.

FLASHCARD QUESTION

Front

What is the purpose of sending TY/LY data to management?

Back

TY/LY data (This Year vs. Last Year) helps assess current performance against previous periods.

6.

FLASHCARD QUESTION

Front

What is the importance of tracking the number of stores with a strike rate above 13?

Back

It helps identify high-performing stores and assess overall sales effectiveness.

7.

FLASHCARD QUESTION

Front

What is the role of service ratings like TruRating in retail?

Back

Service ratings provide feedback on customer satisfaction and service quality.

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