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31 Cards in this Set
- Front
- Back
currency
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policy if automatically marking down merchandise according to season
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Demonstrator
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salesperson who devotes all his/her time to a particular manufacturers product
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Basic stocks
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item, numbers, or models that must be included in a line or classification primarily an assortment of the bread-and-butter items that enjoy day-to-day customer demand
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Loss report
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completed by the manager when an item is known to be missing and not sold. Report stops shortages by removing merchandise for the book inventory
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Hold merchandise
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merchandise held for a customer
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Accessories
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women’s fashion apparel worn with dresses, coats, suits, sportswear, ie; necklaces, rings, glove, purses, watches, etc
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Rescind
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to cancel , repeal
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Strategize
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to carefully plan a method for achieving an end
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Surmise
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to infer on minimal- grounds, conjecture, suppose
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Succinct
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concise, clearly expressed – with few words
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Performance
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the act or process of fulfilling a function
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Flash report
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total of daily gross sales y departments prepared t the close of each business day
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Direct mail
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use of mail to make announcements, sell merchandise, sell services, promote the store, its division, department and way of doing business, selective audience
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co-op advertising
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advertising in which the manufacturer, importer or distributor shares the cot with the store
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Unsalable merchandise
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merchandise, which is damaged and unsalable at any price in its present condition
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Packing slip
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document which is enclosed with the merchandise when it is packed by the manufacture listing quantity and description of all items included
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Vicarious
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activity for another, sharing in an experience of another through the imagination
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Relegate
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to remove or dismiss to some less prominent position, to assign to a particular class of sphere, to submit to someone or something for appropriate action
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Systematic
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having a regular method or order
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Proactive
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a person or a company that carefully analyzes and actively pursues opportunities without being asked to do so
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Predictability
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the ability to declare in advance
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Compendium
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- a brief summary of ager work of a field knowledge; collection
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Conjecture
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guess, surmise
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Nominal
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insignificant, trifling
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Nuance
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a subtle distinction, a slight difference in definition
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Conduit
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a means of transmitting or distributing
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SPH
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sales per hour standard a predetermined figure which each associate is required to meet
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Vendor
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representative of any company from which merchandise is purchased, - a seller, resource, manufacturer or a supplier
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Turnover
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total number of times within a given period that stock of goods is sold and replaced
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Unit control
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system of recording vital statistics of stock on hand , on order and sold for a given period
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Transfers
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In store: form used to move merchandise from your store to another at a customers request
Transfer: when merchandise is actually transferred to another department Merchandise transfer request: store initiated transfers and buyer- initiated transfers |