Knowledge Lab – Retail Industry – Online Courses & Learning Management|B4MBA.com

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Knowledge Lab – Retail Industry

Food retail is a competitively aggressive industry, a large percentage of its merchandise is perishable. Because of consumers’ association of ‘fresh’ with better quality. This means wastes can be high and profit margins are typically very tight…

Food retailing is not just about serving customers and providing general assistance. It also includes general management and special activities such as buying, negotiating with suppliers, merchandising, handling inventory, supply chain/logistics, pricing. Although not as often, it can also include finding new places to trade, contributing to new product/service development.

Course Overview

This session is an overview of the food retail business, the services they offer, and the factors that affect the different operations in this industry. Our contemporary quiz bank also provides the necessary resource to test and bring you up to speed quickly especially when applying for jobs or going for an interview within this industry.

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