D28 ASM 05/06/25

Flashcard
•
Mathematics
•
Professional Development
•
Hard
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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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