Certified Professional Category Analyst (CPCA) Practice Questions 2025 – All-In-One Guide to Exam Success

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What is an example of a strategic evaluation in retail?

Daily cash flow tracking

Long-term sales forecasting

Long-term sales forecasting serves as an example of a strategic evaluation in retail because it focuses on analyzing data to predict future sales trends over an extended period. This type of evaluation is critical for decision-making processes that help shape the direction of a retail business. By utilizing historical sales data, market trends, and economic indicators, retailers can make informed decisions regarding inventory management, staffing needs, and marketing strategies to align their operations with anticipated changes in demand.

In contrast, daily cash flow tracking, employee satisfaction surveys, and weekly inventory counting are more operational or tactical in nature. These activities tend to focus on immediate or short-term metrics rather than strategic long-term planning. For instance, daily cash flow tracking focuses on the organization's liquidity on a day-to-day basis, which is essential but not a strategic evaluation. Similarly, employee satisfaction surveys primarily assess workforce morale and productivity, while weekly inventory counting helps manage stock levels but does not contribute to long-term strategic decision making. Thus, long-term sales forecasting stands out as a strategic evaluation essential for shaping the future direction of a retail business.

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Employee satisfaction survey

Weekly inventory counting

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