Suppose Novak Company Experienced a Reduction in Its ROE Over

question 51

Multiple Choice

Suppose Novak Company experienced a reduction in its ROE over the last year.This decrease could be attributed to:

• A)an increase in net profit margin.
• B)a decrease in asset turnover.
• C)an increase in leverage.
• D)a decrease in Equity.

Evaluate the advantages and drawbacks of e-procurement and strategies to mitigate risks.

Identify and understand the importance of certifications and registrations in the procurement process.

Recognize various supplier selection criteria and their relevance to procurement decisions.

Distinguish between the types of products and services purchased, assessing them based on risk and value.

---

Definitions:

Slotting Allowances

Fees paid by manufacturers or vendors to retailers in order to have their products placed in more favorable shelf locations or to gain inclusion in a store assortment.

Category Management

A retail and purchasing concept where the range of products purchased by a business or sold by a retailer is managed as a strategic business unit.

Merchandising Technique

Strategies and practices employed by companies to promote the sale of goods, often through effective display and presentation in retail environments.

Demand-driven Merchandising

Demand-driven Merchandising is a retail strategy that focuses on creating and stocking products based on consumer demand, trends, and purchase data.