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The candidate was asked on few questions on numerical base
Closing stock appears in the credit side of the Trial Balance.
Closing stock is an asset and assets have a normal credit balance.
In the Trial Balance, assets are listed on the debit side and liabilities and equity on the credit side.
Therefore, closing stock will appear on the credit side of the Trial Balance.
Example: If the closing stock amount is $10,000, it will be listed on the credit side of the Trial Balance.
This i...
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I appeared for an interview in Mar 2025, where I was asked the following questions.
My diverse experiences in project management and team leadership make me an ideal candidate for the Senior Associate role.
Led a cross-functional team on a project that increased efficiency by 30%, demonstrating my ability to drive results.
Managed client relationships, ensuring satisfaction and repeat business, which highlights my strong communication skills.
Implemented a new training program that improved team performa...
I applied via Referral and was interviewed in Jun 2023. There were 4 interview rounds.
Basic knowledge of retail. Like this shrinkage. Team management
Sale improvement. Team performance. Inventory control. Store performance kra.
I have 5 years of experience in retail management, including overseeing store operations, managing inventory, and leading a team of sales associates.
Managed store operations to ensure smooth functioning and customer satisfaction
Implemented inventory management strategies to optimize stock levels and reduce wastage
Led a team of sales associates, providing training and guidance to improve sales performance
Utilized data a...
I applied via Referral and was interviewed in May 2023. There were 2 interview rounds.
Experienced professional with a background in retail management and a proven track record of driving sales and leading teams to success.
Over 5 years of experience in retail management
Strong leadership skills demonstrated through successful team management
Proven track record of increasing sales and achieving targets
Excellent communication and interpersonal skills
Bachelor's degree in Business Administration from XYZ Univ...
Key Performance Indicators (KPIs) for a store measure performance and guide decision-making for improved sales and customer satisfaction.
Sales Revenue: Track total sales over a specific period to assess growth.
Customer Footfall: Measure the number of customers entering the store to evaluate marketing effectiveness.
Conversion Rate: Calculate the percentage of visitors who make a purchase to gauge sales effectiveness.
Ave...
I applied via Company Website and was interviewed in Jul 2024. There were 2 interview rounds.
KPIs are quantifiable metrics used to evaluate the success of an organization or specific activities.
KPIs are specific, measurable, achievable, relevant, and time-bound metrics used to track performance.
They help organizations assess progress towards goals and objectives.
Examples of KPIs include sales revenue, customer retention rate, employee turnover rate, and website traffic.
KPIs vary depending on the industry and g...
The store perimeter refers to the outer boundary of the store where customers enter and exit.
The store perimeter includes the front entrance, back entrance, and any emergency exits.
It is important to monitor the store perimeter for security purposes to prevent theft or unauthorized entry.
Examples of store perimeter security measures include security cameras, alarms, and security guards.
The store perimeter may also incl...
Store KPIs are essential metrics that help assess performance, efficiency, and customer satisfaction in retail operations.
Sales Revenue: Total income generated from sales, e.g., monthly sales figures.
Customer Footfall: Number of customers visiting the store, e.g., daily or weekly counts.
Inventory Turnover: Rate at which inventory is sold and replaced, e.g., how often stock is sold in a month.
Average Transaction Value: ...
How to reduce store shrinkage?
I am a dedicated professional with a strong background in management and a passion for team development and operational efficiency.
Over 5 years of experience in team leadership, successfully managing a team of 10 in a retail environment.
Implemented a new inventory management system that reduced stock discrepancies by 30%.
Strong communication skills, demonstrated by leading weekly team meetings to enhance collaboration.
...
I have over five years of experience in retail, focusing on customer service, inventory management, and team leadership.
Managed a team of 10 sales associates, improving sales performance by 20% over one year.
Implemented a new inventory tracking system that reduced stock discrepancies by 30%.
Trained new employees on customer service best practices, resulting in a 15% increase in customer satisfaction scores.
Developed pr...
I applied via Referral and was interviewed in May 2024. There was 1 interview round.
I appeared for an interview before Mar 2024, where I was asked the following questions.
based on 1 interview experience
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MR.DIY
Karuna Management Services
Bazar India
Citylife Retail