Accountant's Guide to Retail Management FLEXCAST

Overview

Retailing, the business of selling consumer goods to final consumers, is constantly changing. Retailers are particularly affected by changes in the consumer population; in the economic, social, technological, and political environment; and in competitive conditions. This course teaches you the main requirements of effective retail management: personal qualifications of management; an adequate financial structure; necessary physical facilities; effective policies and procedures; and competence, loyalty, and productiveness of personnel. Also discussed are online retailing strategy, improving internet presence, and future changes in retailing.

Highlights

Retailers and their structure. Retail management requirements. Retail store location. Store buildings, fixtures, and equipment. Arranging the store’s interior-layout. Structure of retail. Retain human resource management, and more.

Prerequisites

None.

Designed For

CPAs, CFPs, and financial advisers.

Objectives

Recognize the importance of retailing to the U. S. economy. Recognize the structure of retailing. Identify advantages and disadvantages of online retailing, and methods to improve an online business. Identify the skills requirements of management. Recognize attributes of successful retail businesses. Identify the basic factors in choosing a retail location. Recognize differences between customers from urban and suburban areas. Recognize the key decisions when planning store equipment, and more.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.