Questions from Retail Management

Q: Do a SWOT analysis for McDonald’s. What is its mission?

Do a SWOT analysis for McDonald’s. What is its mission? What are its strengths and weaknesses? What opportunities and environmental threats might it face over the next 10 years? How could it prepa...

Q: Compare and contrast the retail mixes of convenience stores, traditional supermarkets

Compare and contrast the retail mixes of convenience stores, traditional supermarkets, superstores, and warehouse stores. Can all of these food retail institutions be successful over the long run? How...

Q: What are Neiman Marcus’s and Pet Smart’s bases for sustainable competitive advantage

What are Neiman Marcus’s and Pet Smart’s bases for sustainable competitive advantage? Are they really sustainable, or are they easily copied?

Q: Assume you are interested in opening a restaurant in your town.

Assume you are interested in opening a restaurant in your town. Go through the steps in the strategic planning process shown in Exhibit 5–7. Focus on conducting a SWOT analysis of the local restaurant...

Q: The Gap owns several chains, including Old Navy, banana republic

The Gap owns several chains, including Old Navy, banana republic, INTERMIX, and Athlete. What type of growth opportunity was the Gap pursuing when it opened each of these retail concepts? Which is mos...

Q: Identify a store or service provider that you believe has an effective

Identify a store or service provider that you believe has an effective loyalty program. Explain how the program works and why it is effective.

Q: What are the key productivity ratios for measuring the retailer as a

What are the key productivity ratios for measuring the retailer as a whole, its merchandise management activities, and its store operation activities? Why are these ratios appropriate for one area of...

Q: What are examples of the types of objectives that entrepreneurs might have

What are examples of the types of objectives that entrepreneurs might have for a retail business they are launching?

Q: Buyers' performance is often measured by their gross margin percentage. Why

Buyers' performance is often measured by their gross margin percentage. Why is this figure more appropriate than the operating or net profit percentage?

Q: A buyer can impact the gross margin percentage because he/she

A buyer can impact the gross margin percentage because he/she can, to some extent, control the sales and cost of goods sold. Expenses, which do not play a part in determining the gross margin percent...