Takshi Auto Components Store Executive Interview Questions and Answers

FIFO and LIFO are inventory management methods used in stores.

• FIFO stands for First-In, First-Out and means that the oldest inventory is sold first.

• LIFO stands for Last-In, First-Out and means that the newest inventory is sold first.

• FIFO is commonly used for perishable goods like food, while LIFO is used for non-perishable goods like electronics.

• FIFO helps prevent spoilage and waste, while LIFO can result in higher pro...read more

Vlookup and Hlookup are functions in Excel used to search for specific values in a table and retrieve corresponding data.

• Vlookup is used to search for a value in the leftmost column of a table and retrieve data from a specified column in the same row.

• Hlookup is used to search for a value in the top row of a table and retrieve data from a specified row in the same column.

• These functions are commonly used in store and ma...read more

The work flow of a Store Executive involves overseeing daily operations, managing inventory, supervising staff, and ensuring customer satisfaction.

• Managing inventory levels to meet customer demand

• Supervising staff to ensure tasks are completed efficiently

• Handling customer inquiries and resolving any issues

• Analyzing sales data to make informed decisions

• Collaborating with vendors to maintain stock levels