Question
PART 2: Retail Management II (50 MARKS) Apply retail management principles in changing the current situation. 1. Identify a problem Makro branch or Makro store
PART 2: Retail Management II (50 MARKS) Apply retail management principles in changing the current situation. 1. Identify a problem Makro branch or Makro store and create a thorough retail analysis of the current situation and possible causes. Use the relevant tools to identify the root cause of the problem. (25 Marks)
2. Create an action plan to improve the performance of the identified branch or store. Cover the following topics but not limited to: Brief outline of current branch/store performance. Concrete evidence, graphs, statistics etc can be outlined. Research. Store's layout. The retail mix. The supply chain management. Once these initiatives have been implemented, create a forecast and cash budget for sales. Budget Stakeholder analysis (25 Marks)
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