PGA PGM 3.0 LEVEL 2 GOLF OPS EXAM AND
STUDY GUIDE LATEST -
EXAM 500 QUESTIONS AND COR RECT
DETAILED ANSWERS (VERIFIED ANSWERS )
|ALREADY GRADED A+
What could be the cause of "overall poor service" issues?Unrealistic policies and procedures, poor operational systems, insufficient training
What is an example of an operational change made in response to variances?delaying orders, adjustments in pricing, discounts, outsourcing tee time booking, staff training, cutting down labor
The head professional has been receiving customer complaints about employee inconsistency in applying facility policies. What is likely to be the most productive repsonse?Gather data and address operational issues,
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When should management implement service improvements change can generate the desired benefit and be measured
How does the facility's overall vision and core values help retain the manager?Solidify vision and core values that support vision
For which purpose are the facility's core values and vision going to be most useful to the retail manager?guide the creation of all other aspects
What should increase in the retail operation to add value?quality; customer service
The End of Month Inventory target for May is the same as the COGS for June.false
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The cost of goods sold can be calculated if both the turnover rate and the average inventory value are known true
The BOMI predicts the dollar value of the inventory needed at the beginning of each month to reach monthly sales goals true
The higher the turnover rate, the more inventory you need on hand to reach the same sales targets.false; higher to less inventory
Knowing the previous year's sales volume is sufficient to accurately forecast sale false
Inventory should arrive one to two months prior to the anticipation of sales true
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The golf professional has projected $310,000 in annual merchandise sales, $205,000 for cost of goods sold, and a turnover rate of 2.5. What is the average inventory level at cost?205,000/2.5=$82k
What is the formula for Cost of Goods Sold (COGS) cost sold/total sales
In an open to buy plan, the sales estimates and the cost of goods estimates comes from what other business management tool?historical data
What is the main purpose of an open to buy plan identifies how much to purchase
What information does the cost of goods sold (COGS) provide for a given period of time?sold, stolen, lost destroyed
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