PART 3 RETAIL

1. There are so many different factors that go into overall success of a retail business and many of them aren't directly under the

• Company Management
• Company Supervision
• Business owner's control

2. Retail managers handle various tasks for colleagues, team members and customers, so you must have close attention to detail and great organization skills.

• Organization
• Problem-solving
• Teamwork

3. It includes setting aside time throughout the day to check in with team members and completing store opening and closing procedures in a timely manner.

• Time management
• Problem-solving
• Teamwork

4. You can show __ by actively listening to team members, keeping them engaged in their work, assigning workloads based on skill set and supporting collaboration throughout your store.

• Problem-solving
• Leadership
• Teamwork

5. Having strong of __ skills is vital for working as a member management. You can offer them meaningful advice on developing their retail ___ skills based on your experience in

• Problem-solving
• Teamwork
• Sales

6. It's essential to know the benefits of each product and the reasons why a customer may want to buy it while providing recommendations based on the customer's needs.

• Problem-solving
• Product knowledge
• Teamwork

7. Effective ___ colleagues can minimize mistakes, set clear goals and develop healthy relationships with your team members and

• Communication
• Product knowledge
• Teamwork

8. Working professionals in this industry have more opportunities to advance into new roles with greater responsibilities such as managerial positions.

• Promotion Opportunities
• Development Opportunities
• Growth opportunities

9. It affects every aspect of our lives, and the retail market is no exception. While the influx of information that is now available to retailers can be very valuable, there are downsides for businesses, especially small retailers.

• Trends
• Technology
• State of the Economy

10. It isn't detrimental to a business, but many retailers are seeing changes in how competition affects their sales in the information age.

• Business Struggles
• Healthy competition
• Players in competition