Thursday, May 8, 2014

Focus

                   -What are the three elements of a store's exterior design?
                   -What are the types of buying motives and why is it important to understand them?

Wednesday, May 7, 2014

Focus

  1. What is the promotional mix?
  2. What are the elements of the promotional mix?

Tuesday, May 6, 2014

Focus

1. What are the different types of retailers?
2. How do they survive with so much competition?

Monday, May 5, 2014

Focus

1. Think of your favorite retail store.
2. What colors do they use in their sign?
3. In their stores?
4. Describe the theme of the store.

Wednesday, April 30, 2014

Focus

     On the "Financing" page, answer the following question:

     -What information do you find on an income statement?


Closing

Answer the following on the "Financing" page as a comment/response to your Focus answer

     After analyzing your income statement, you realize the cost of plastic silverware has been steadily increasing every month. What are some other trends you should analyze to determine the cause of this increase? What are some possible solutions for cutting this cost?

Monday, April 28, 2014

Focus:

  1. Name your favorite retail store.
  2. How many employees do you usually see working there?
  3. What are their roles and responsibilities?
  4. What do you expect from the employees when you shop there?

*Answer all questions on the "Staffing" Page

Friday, April 25, 2014

Focus:

(Answer as a comment to your post from yesterday)

1. What is the best method for determining your customers' needs and wants?
2. What factors do you use to determine product pricing?