SAP Retail Quiz
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How well do you know the capabilities and functionality of SAP Retail?
- 1.What are the current trends in retail?
- A.
Powerful customers
- B.
Empowered workforce
- C.
Intensified competition
- D.
Increased risk
- E.
All of the above
- 2.What are two key initiatives in the retail industry?
- A.
Get closer to the consumer
- B.
Reducing store hours
- C.
Increasing vendor lead times
- D.
Multi-channel integration
- 3.What is the vision for SAP Retail?
- A.
Inspire the shopper, Anticipate the Need, Understand the Experience
- B.
Anticipate the shopper, Understand the Need, Inspire the Experience
- C.
Understand the shopper, Anticipate the Need, Inspire the Experience
- D.
Experience the shopper, Need the Understanding, Anticipate the Inspiration
- 4.The SAP for Retail solution portfolio enables you to perform the range of business activities involved with running your retail business efficiently, including:
- A.
Store and channel management
- B.
Buying and vendor management
- C.
Retail revenue management
- D.
Supply chain management
- E.
All of the above
- 5.What is one pitfall of using point solutions to meet the challenges of retail?
- A.
Limited features and capabilities
- B.
Lengthy implementation cycle
- C.
Lack of integration between solutions
- D.
Huge change management
- 6.What are two elements of the SAP Retail solution to help retailers achieve profitable growth through timely execution of strategic merchandise decisions?
- A.
Merchandise Management
- B.
Day & Day Part Forecasting
- C.
Associate Training and Self Service
- D.
Transportation Planning
- E.
Price & Promotion Management
- 7.What are two of the benefits that The Home Depot has gained from implementing SAP Retail?
- A.
More information about their customers than ever before
- B.
Increased access to vendor promotions
- C.
Elimination of Excel spreadsheets
- D.
Streamlined business processes
- 8.What is one tool within SAP Retail to enable retailers to maintain the right inventory and react faster to changes in the market?
- A.
Real Estate Management
- B.
E-commerce
- C.
Forecasting & Replenishment
- D.
POS Management & Operations
- 9.What is one component of SAP Retail makes it possible for retailers to build their associates into a “competitive advantage?”
- A.
Markdown Management & Allocations
- B.
Real Estate Management
- C.
Associate Training and Self Service
- D.
24 / 7 Operations
- 10.Retail corporate operations include which business processes?
- A.
Financial Performance Management
- B.
Human Capital Management
- C.
Trade Compliance & Risk Management
- D.
Real Estate Management
- E.
All of the above
- 11.What is one way that SAP’s Retail Vision includes extending the shopper experience beyond the “four walls” of typical stores?
- A.
Interactive shopping carts
- B.
E-Commerce & Multi-Channel
- C.
MySpace, FaceBook, and other “social networking” web sites
- D.
Vending machines in hotels and airports
- 12.Two of SAP for Retail Business Benefits include:
- A.
Enhanced efficiency and reduced costs
- B.
Project management
- C.
Performance management
- D.
Optimized processes
- E.
Proprietary integration tools
- 13.With the support of SAP Services, retailers can:
- A.
Leverage best practices to reduce implementation risk and increase speed-to-value
- B.
Optimize business processes with industry-specific, preconfigured solutions
- C.
Reduce cost and investment
- D.
Improve decision making
- E.
All of the above
- 14.What is the SAP Business All-in-One Solution?
- A.
SAP’s software offering for mid-market companies
- B.
Preconfigured business process diagrams
- C.
A comprehensive solution of SAP software, industry templates, and partner services
- D.
An adaptable on-demand solution
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