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________ entails the activities involved with managing the exterior and interior physical facilities associated with the store.


A) Inventory maintenance
B) Store turnover
C) Portfolio management
D) Store maintenance
E) Inventory turnover

F) C) and D)
G) None of the above

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Connor knew a popular celebrity was planning a shopping spree in his store that day and needed a personal shopper to accompany her. Normally, Connor plays this role, but he trusted a reliable store associate to manage the visit. Connor would be available in the store should there be a problem, but the exciting opportunity was to be handled by the associate. Which of the following terms best describes Connor?


A) Persuasive leader
B) Autocratic leader
C) Democratic leader
D) Transformational leader
E) Chaotic leader

F) A) and D)
G) B) and E)

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Sasha is a 22-year-old who has just started a job at a clothing store. She finds that her ideal working environment is different than that of her older coworkers. Sasha likely values all of the following except


A) meaningful job duties.
B) a strict dress code.
C) professional freedom.
D) work-life balance.
E) flexible hours.

F) A) and E)
G) A) and C)

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Which of the following is a disadvantage of incentive compensation plans?


A) Employees know that a rise in productivity will have no impact on their compensation.
B) Employees are taxed heavily on their income from incentive plans.
C) Employers are taxed heavily on their expenditure incurred through incentive plans.
D) Employees don't develop loyalty to their employers when incentive plans are practiced.
E) Employers are unable to increase employee productivity while following incentive plans.

F) B) and D)
G) B) and C)

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Which of the following is the formula for calculating employee turnover?


A) Number of employees voluntarily leaving their jobs during the year/Number of positions
B) Number of employees fired from their jobs during the year/Total number of employees
C) Number of employees voluntarily leaving their jobs during the year/Total number of employees
D) Number of employees fired from their jobs during the year/Number of positions
E) Number of positions/Total number of employees

F) A) and D)
G) B) and D)

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Democratic leaders make all the decisions on their own and then announce them to employees.

A) True
B) False

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Which of the following is an intrinsic reward?


A) Employee of the year award
B) Bonus
C) Promotion
D) Meaningful work
E) Commission

F) B) and D)
G) B) and E)

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Explain the differences between an autocratic leader and a democratic leader.

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An autocratic leader makes all decisions...

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What would the employee turnover be if the store had ten positions for management trainees and four employees voluntarily left their jobs during the year?


A) 60%
B) 40%
C) 140%
D) 160%
E) There is not enough data to determine a correct percentage

F) A) and B)
G) A) and C)

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________ is the redesign of a job to include a greater range of tasks and responsibilities.


A) Intrinsic rewards
B) Extrinsic rewards
C) Job enrichment
D) Job description
E) Job engagement

F) A) and B)
G) A) and C)

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Which of the following statements is True of laws relating to compensation?


A) They require that firms pay the same work pay for men and women.
B) They require that firms pay the same work pay for all employees of a department.
C) They protect the organization's investment on its employees.
D) They place restrictions on the salaries drawn by the top management.
E) They monitor the financial investments made by the top management of the organization.

F) A) and B)
G) A) and C)

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Which of the following statements is a drawback of incentives?


A) Most employees dislike incentives.
B) It decreases organizational commitment.
C) It may cause employees to ignore other work tasks and obligations.
D) Incentives work when standard pay is low.
E) Most employees believe that incentives are mere tokens from the management, not really an appreciation of their performance.

F) A) and C)
G) A) and D)

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What is a retailer's most effective tool against shoplifting?


A) Unique merchandise
B) Employees
C) Prosecution policies
D) Cash wraps
E) EAS tags

F) B) and D)
G) A) and E)

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B

Mindy manages 300 employees at a Walmart Supercenter. Each day, she leads the employees in the Walmart cheer, creates excitement, and "goes the extra mile" with her employees and customers. Shopping in her store is always an enjoyable experience with enthusiastic sales help, contests, and demonstrations. Mindy is a ________ leader.


A) persuasive
B) autocratic
C) democratic
D) chaotic
E) transformational

F) C) and D)
G) A) and B)

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________ is expressed as a retailer's sales or profits divided by the number of employees.


A) Human resource management
B) Employee turnover
C) Employee productivity
D) Operation management
E) Organizational management

F) B) and E)
G) C) and D)

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The Fair Labor Standards Act of 1938 does all of the following except


A) limit maximum work hours.
B) set child labor standards.
C) set overtime-pay provisions.
D) establish minimum wages.
E) prohibit discrimination.

F) D) and E)
G) A) and C)

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E

Employment discrimination on which of the following basis is legal in the United States?


A) Gender
B) Age
C) Educational qualification
D) Religious beliefs
E) Sexual orientation

F) A) and E)
G) B) and E)

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C

What is a quota-bonus plan?

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A quota-bonus plan provides sales associ...

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Craig works for a retailer deciding what merchandise will be in the assortments, setting prices, negotiating with vendors, and planning advertising and marketing for accessories. He attends fashion trade shows and travels to market in New York City nearly every month. What position in the organizational structure of a retailing firm does Craig have?


A) Merchandise planner
B) Divisional merchandise manager
C) Store manager
D) Buyer
E) Department manager

F) None of the above
G) B) and C)

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A quota-bonus plan is applicable when


A) employee performance exceeds the quota.
B) performance management is outsourced.
C) an employee has a salary plan based solely upon performance.
D) productivity is poor.
E) there are no other incentives.

F) C) and E)
G) B) and D)

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