RED CHIEF Store Manager Interview Questions and Answers

Q1. General about your self
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Q2. What is pnl and COGS
Ans. 
PnL stands for Profit and Loss, while COGS stands for Cost of Goods Sold.
• PnL is a financial statement that summarizes the revenues, costs, and expenses incurred during a specific period of time.

• COGS represents the direct costs of producing goods that were sold by a company.

• PnL helps in determining the overall profitability of a business, while COGS helps in calculating the gross profit margin.

• Example: If a company's to...read more
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Q1. What is Staff to Sales ratio
Ans. 
Staff to Sales ratio is a metric used to measure the efficiency of a retail store by comparing the number of employees to the amount of sales generated.
• Staff to Sales ratio = Number of employees / Total sales

• A higher ratio indicates that the store is overstaffed relative to its sales volume

• A lower ratio suggests that the store may be understaffed and struggling to meet customer demand

• For example, if a store has 10 empl...read more
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Q2. What is rent to sales ratio
Ans. 
Rent to sales ratio is a financial metric used to measure the percentage of sales revenue that goes towards paying rent.
• Rent to sales ratio = Total Rent Expense / Total Sales Revenue

• It helps in evaluating the efficiency of a store's rent expenses in relation to its sales performance.

• A lower ratio indicates better cost management and higher profitability.

• For example, if a store has $10,000 in monthly rent expenses and $...read more
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Q1. Store manager work daily Aov conversation Budget Store square feet
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Q1. How do your skills apply to this job?
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Q2. What was a time where you needed to control a situation?
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Objective type question & answer

Based on current sinario current topics

Q1. Face to face interview
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Q2. If staffs are not available in the store how will you manage
Ans. Will contact my senior to arrange any staff from another store
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English grammar, reasoning,basic quant aptitude

Ample time available, please think & answer, you can Crack it.

Q1. Tell me about yourself?
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Q2. What are the Company KPI s?
Ans. 
The Company KPIs are the key performance indicators that measure the success of the company's goals and objectives.
• Sales growth

• Customer satisfaction

• Inventory turnover

• Employee turnover

• Profit margin

• Market share

• Return on investment

• Conversion rate

• Average transaction value
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Q3. What do you know about Bata?
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Q4. Have you Visited any of our Bata Store,How was your experience?
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Basics numeracy basic English

Multiple choice questions. 80 questions.

Q1. Kind and polite. Amazing company culture
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Q1. KPIs and teamwork discussion.
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