INDIAN INSTITUTE OF MATERIALS MANAGEMENT
Post Graduate Diploma in Materials Management
Paper 18.b
Retail Management
Date: 18.06.2016 Max. Marks 100
Time: 2.00 p.m. to 5.00 p.m. Duration 3 hours
Instructions:
1. From part "A" answers all questions (compulsory). Each sub-question carries 1 mark. Total marks 32.
2. From part "B" answers any three questions out of 5 questions. Each question carries 16 marks. Total marks =48.
3. Part "C" is a case study (compulsory). Total marks 20

PART A 32 x1 32 marks)
Q. 1 Match Column "A" and Col. " B "
"A" "B"
a. Income tax i. Applicable on Import
b. VAT ii. Applicable on Price+ Excise+Vat
c. CST iii. Direct tax
d. Excise Duty iv. Applicable if goods sold moves in same state
e. Octroi v. Applicable on manufactured goods
f. Customs duty vi. Interstate goods sales tax
g. Cenvat credit vii. Equals to Excise Duty
h. Counterveiling Duty( CVD) viii. Is applicable on CVD Excise
Q. 2 Expand the following Abbreviations
i. FDI
ii. LPG
iii. HACCP
iv. 4 "P "s
v. COMPAT
vi. FEMA
vii. DDJ
viii. BIN
June 2016
Q. 3. True or False
i. FIFO is used in valuation of the inventory.
ii. XYZ Analysis is based on the criteria of consumption value.
iii. Order fulfilment cost is one of the measures of Logistics matrix.
iv. Assessment of Duty in case of Imports is done by Excise Superintendent.
v. Shrink lebels are made from special Paper.
vi. Security bar code lebel can not be copied by a copier.
vii. Over the years the materials cost and Inventory costs have gone up rapidly, costing as much
as 40 to manufacturing firms.
ix. In decentralised purchasing the purchase authority is given to all Units.
Q 4. Fill in the blanks.
i. NCLT is National Company Tribunal
ii. CLB is Company Board.
iii. SEC is Exchange Commission
iv. Purchasing receives the to start with its action in Purchasing cycle.
v. is the monitoring of supplier deliveries of materials.
vi. Advance Shipping Notification is document that contains the exact materials,
quantities,& delivery date, with ref to Purchase Order.
vii. are huge speciality retailers that dominate single product line or category
compete on the basis of very low prices enormous product availability.
viii. is vital important document which every importer has to submit under
section 46.
PART-B 48 Marks
Attempt any three. Each question carry 16 marks)
Q 5. Describe different classification of retailing .
Q.6 What are the Principles of Retail management
Q.7 What are the Cost classifications for assigning costs to Objects
Q 8 What are the Inventory Control Techniques its uses
Q.9 Describe cost accounting methods for the valuation of Inventories
PART-C 20 Marks
(COMPULSORY)
Q. 10 M/s Edwards Retail Ltd are in the business in retail for last 3 decades one of the
oldest in the world. They want to enter in the Indian market in their vision plan of growth and
doubling their turn over in 3 years. They have engaged a young team of Retail Professionals
and you are one of them. They have identified 8nos of B class cities to start with for opening
4 malls in each of these cities. All these 8 cities are in the Western India region. They are fully
aware of multi national being in this retail business including latest entry FLIFCART.
They have planned to give a tough fight to the existing retail competitors. As such they have
focussed on sections like Electronics goods, Home appliances, High technology products. In
addition they have made sure that their retail shop is equipped to give customer one place to
give all products. This means for them huge no of item/ SKU. This means a very good Inventory
management will be required.
Questions
1. What do you suggest Central Purchase or Decentralised purchase or some thing else
2. How many warehouses you suggest in this scenario
3. How do you organise Logistics for in bound out bound
4. How will you manage Inventories, huge in numbers as well qty
5. What ERP Package you suggest for such scenario