This Step Allows Retailers to Determine Opportunities for Improving the Category's

question 8

Multiple Choice

This step allows retailers to determine opportunities for improving the category's business by identifying gaps in sales,profit and stock turn:

• A)Assessment
• B)Implementation
• C)Performance Measures
• D)Review

---

Definitions:

Faithfully Representative

A qualitative characteristic of financial information that ensures the data accurately reflects the economic phenomena it represents.

Neutral

An unbiased position or stance that does not favor any side in a conflict or competition.

Verifiable

The quality of information that occurs when independent observers, using the same methods, obtain similar results.

Faithful Representation

Numbers and descriptions match what really existed or happened—they are factual.