BRL 011 Solved Assignment 2020-21

 

TUTOR MARKED Solved ASSIGNMENT 2020-21

 

Course Code : BRL 011

Course Title : Retail Operations and Store Management II

Assignment Code : BRL 011/TMA/2020-2021

Coverage : All Blocks

 

Maximum Marks: 100

Attempt all the questions

 

(A) Short Answer Type Questions

1. Explain with diagram the concept of hierarchy of social influence on consumer behaviour.

10

2. Explain the benefits of CRM and loyalty programme.

10

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3. What are the various need and benefits of category management ?

10

4. Distinguish between the following:

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a) Retailer’s and Manufacturer’s Advertising Strategies

b) Job Description and Specification for a Billing Clerk

c) One-Price and Flexible Pricing Policy

d) Capital Expenditures and Operating Expenditures

5. Write short notes on the following:

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a) Customer Relationship Management

b) Merchandise Plan

c) Advantages of Public Relation

d) Category Management at Pantaloon

6. Briefly comment on the following:

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a) Low involvement consumers are a passive audience for advertisement.

b) Probably with the success of an isolated store, many others want to open stores selling similar product lines to cash in on the shoppers flow into the area.

c) Operating expenses are necessary to run a retail business.

d) Customers are encouraged for self-service by proper display.

7. Explain the concept of ethical retailing. Which are the three major areas of retailing where ethical behaviour counts? Elaborate them briefly.

10

(B) Essay Type Questions

8. What is store design? Explain the important elements of store design

15

9. Which are the factors that affect retail price strategy? Explain these factors briefly

15

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