Store Operations Flashcards
A key aspect of inventory management is to create and maintain an accurate record, or “paper trail,” of products received and sold. Which is NOT a reason this is necessary?
to know to price of an item at any given time
If you are confronted by a violent person or one carrying a weapon, what should you do?
give the person what they want
In most states, what are the three things you must witness before you take action on a suspected shoplifter?
Carrying or hiding the merchandise with the intent to take it
Committing refund fraud
People pushing empty strollers
What are planograms?
A diagram or model that indicates the placement of retail products on shelves in order to maximize shelves
What does “shrink” refer to?
Loss caused by employee theft, shoplifting, and employee error
What guidelines will NOT help you properly handle a workplace accident?
Don’t take shortcuts
Provide protection equipment
What is a packing slip?
List of quantity and type of merchandise that the vendor actually sent to your store
What is physical inventory?
A process where a business physically counts its entire inventory
What is a purchase order?
A detailed list of items requested by the store
What is a split-ship?
Refers to items on the same purchase order that have arrived at different times and different shipments
What is First-In, First-Out?
An inventory method where the older items are placed In front and the newer items are placed in the back so the older items will be purchased first
What is NOT an example of suggestive selling in a display?
Putting ice cream next the cereal
What is one of the best ways to prevent shoplifting?
Showcase locks, cables, chains, and electronic arms- used to prevent theft of high end items
What is the FIRST thing you should do if someone spills food or liquid onto the sales floor?
Make a barrier around the floor to direct traffic around the spill so nobody slips and causes an injury
What is the FIRST thing you should do if you find broken glass on the sales floor?
Make a barrier around the glass and stand by the glass to make sure no one steps on it and until it is cleaned up