1. Define geographic information systems (GIS) and discuss their potential uses in a retail enterprise.
2. Describe the various factors to consider when identifying the most attractive geographic market for a new store
3. Describe the importance of a merchandise budget and know how to get ready a six-month merchandise plan.
4. Explain the differences among and the uses of these three accounting statements: income statement, balance sheet, and statement of cash flow.
5. Explain how the retailer is able to value inventory.