PGA 3.0 Level 2 Test Questions and Verified Correct Answers Guaranteed A+ "Identify staffing needs" is ones of the staff management roles in running a golf operation - Correct Answertrue
A higher inventory turnover rate usually meCorrect Answera higher GMROI - Correct Answertrue
a yield management report shows the number of rounds played and the revenue generated by those rounds - Correct Answerfalse
Adopting a perpetual book inventory system replaces the need to conduct physical inventory counts - Correct Answerfalse
After executing a motor skill, a player will evaluate the skill movements by comparing the results of the performance to his or her expectations for it - Correct Answertrue
Augmented feedback given immediately after the skill performance is considered positive reinforcement if the teacher perceives the feedback as rewarding - Correct Answertrue
Augmented feedback that functions as positive or negative reinforcement can have the same result - Correct Answertrue
COGS plus gross margin = Final Retail Price - Correct AnswerTrue
Demand-based pricing can be employed to change the demand curve for the use of perishable tee times - Correct Answertrue
Feedback functions as negative reinforcement when it strengthens undesirable behavior - Correct Answertrue
From a functional perspective, a vendor is what kind of resource? - Correct Answerfinancial resource
Gross margin the difference between total sales and the COGS - Correct Answertrue
High-performance profiling is a tool that can be used to communicate a uniform set of facility-wide expectations for all employees - Correct Answertrue
How can facilities foster a positive culture? - Correct Answeropen communication and discussion
How often should a physical inventory be conducted? - Correct Answermonthly or quarterly 1 / 2
If a shirt costs $30 and the markup % for the shirt is 50%, what would be the potential gross margin return on investment? - Correct Answer$15.00
If an item sells at the targeted markup, markup % and gross margin % will be the same
- Correct Answerfalse
If the planned markup is 15%, what would be the price of a shirt that costs the shop $30 if the MIll River Plan is used? - Correct Answer$34.50
If the wholesale price of a sand wedge is $70, the retail is $125, and final sales price is $105, what is the gross margin percentage? - Correct Answer50%
If your average inventory value is $37,000 and your annual cost of goods sold is $114,000, what is the turnover rate? - Correct Answer3.1
In an open-to-buy plan, the sales estimates and the cost of goods estimates come from what other business management tool? - Correct Answerhistorical data, trends, etc
Instructors should avoid giving positive feedback when using negative feedback as punishment - Correct Answerfalse
Inventory should arrive one to two months prior to the anticipation of sales - Correct Answertrue
Knowing the previous year's sales volume is sufficient to accurately forecast sales - Correct Answertrue
Knowledge feedback will influence the direction of a student efforts but is unable to influence the students arousal and motivation level - Correct Answerfalse
Managing by walking around is the most effective when organizational protocols are observed, such as, limiting conversation to their direct reports - Correct Answerfalse
Negative augmented feedback can function as either negative reinforcement or punishment - Correct Answertrue
One of the main benefits of the interpersonal management approach to monitoring performance is to ensure policies and procedures are being followed - Correct Answertrue
Pace of play policies are an effective meCorrect Answerfor controlling the demand curve for the use of perishable tee times - Correct Answertrue
Perpetual book inventory can determine both merchandise on hand and merchandise sold - Correct Answertrue
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