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Ace Your Category-Manager CatMan Certification Training Programs Exam

Certified Professional Category Manager (CPCM) Questions and Answers

Question 9

Fair Share Analysis compares which of the following?

Options:

A.

An equal and fair share of the growth in the marketplace

B.

Actual performance against a theoretical “fair share” of market opportunity

C.

Actual performance against performance versus a year ago

D.

An equal and fair distribution of sales in the marketplace

Question 10

What is the benefit of tracking SOW for a Retailer in a particular category?

Options:

A.

SOW concentrates on the spending habits of Shoppers who already buy from the Retailer with the goal of securing a larger portion of their budget.

B.

SOW concentrates on the spending habits of Shoppers who already buy that category in the marketplace with the goal of securing a larger portion of their budget.

C.

SOW concentrates on the spending habits of all Shoppers who haven’t bought from the Retailer with the goal of securing a larger portion of their budget.

D.

SOW concentrates on the spending habits of all Shoppers in the marketplace with the goal of securing a larger portion of their budget.

Question 11

What is considered a long-term promotional objective for the retailer?

Options:

A.

Retailer image/brand building

B.

Lobby displays

C.

Weekly advertisement

D.

Online discounts

Question 12

Which phase of analytics uses past data and models to estimate what’s likely to happen next?

Options:

A.

Predictive

B.

Generative

C.

Descriptive

D.

Prescriptive