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| Section | Weight | Objectives |
|---|---|---|
| Tactical Planning & Execution | 25% | - Space Management & Store Clustering - Promotional Strategy & Evaluation - Pricing Strategy & Analysis - Efficient Assortment Development |
| Business & Supply Chain Knowledge | 15% | - Supply Chain Principles - Retailer Economics & Profitability |
| Data Competency & Analysis | 25% | - Panel Data & Advanced Analytics - POS Data Analytics - Shopper Data & Geo-demographic Analysis |
| Professional Standards & Communication | 10% | - Ethics & Legal Implications - Fact-Based Storytelling & Presentation |
| Category Assessment & Strategy | 25% | - Category Definition, Segmentation & Role - Category Health Measurement - Root Cause Analysis & Insight Generation |
1. What does store clustering in category management primarily involve?
A) Assigning identical product assortments to all stores regardless of location.
B) Grouping retail stores based on specific characteristics or attributes to manage them more efficiently.
C) Organizing retail stores alphabetically to simplify inventory management.
D) Focusing solely on increasing sales volume across all stores.
2. What does the metric 'Household Penetration' measure in market-level shopper dynamics?
A) The percentage of households within a defined group or market that have purchased a specific product category within a given timeframe.
B) The proportion of a household's total spending allocated to a specific product category.
C) The average number of products purchased by each household within a specific category over a given timeframe.
D) The total revenue generated by a specific product category across all households in a market.
3. What is the primary purpose of slope analysis in pricing strategies?
A) To compare the production costs of different product sizes.
B) To evaluate how unit price decreases as purchase quantity increases, quantifying savings per unit.
C) To determine the total revenue generated from all product sizes.
D) To calculate the profit margin for each product size.
4. What is the formula used to calculate Sales per Point of Weighted Distribution (SPWD)?
A) ACV Weighted Distribution / Total Sales
B) ACV Weighted Distribution - Total Sales
C) Total Sales / ACV Weighted Distribution
D) Total Sales x ACV Weighted Distribution
5. What is the definition of pricing and its role in the category management process?
A) Pricing is the monetary value assigned to a product or service, and it directly impacts sales volume, shopper behavior, and category performance.
B) Pricing is the process of setting promotional discounts to attract more shoppers.
C) Pricing is the calculation of production costs to determine a product's retail price.
D) Pricing is the method of categorizing products based on their market value.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: A |
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