Retail Managers Must Make Complex Decisions Including All of the Following

question 51

Multiple Choice

Retail managers must make complex decisions including all of the following except:

• A) Mission statement
• B) Training and motivating sales associates
• C) Target markets
• D) Retail locations
• E) Merchandise and services offerings

---

Definitions:

Profitability

The ability of a business to earn a profit, calculated as the difference between its revenue and expenses.

Effective Learning

The process that results in the acquisition of knowledge or skills and the ability to apply them in a way that is productive and enhances performance.

Organizational Culture

The shared beliefs, values, and assumptions that exist in an organization.

Innovative

Pertains to the ability or process of creating new ideas, products, or methods that bring novel solutions to problems or improvements to existing conditions.