• Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

Card Range To Study

through

image

Play button

image

Play button

image

Progress

1/37

Click to flip

Use LEFT and RIGHT arrow keys to navigate between flashcards;

Use UP and DOWN arrow keys to flip the card;

H to show hint;

A reads text to speech;

37 Cards in this Set

  • Front
  • Back
the largest level in the buying organization is called:
merchandise group
A ------- is an assortment of the items that a customer sees as reasonable substitutes for each other
category
which of the following is a vendor who forms an alliance to help gain consumer insight, satisfy customer needs and improve performance and profit across a category
category captain
how can a retailer make effective use of GMROI figures?
all of the above
when there's high inventory turnover, you can expect less of a risk for markdowns because:
merchandise isn't in the store
which of the following merchandise categories is purchased in much of the same way as fashion merchandise?
seasonal merchandise
which of the following best describes a fad?
merchandise category that generates a lot of sales for a short period of time
some retailers retain a ---- in which sales people record out-of-stock items and requested merchandise
want book
which of the following best describes variety?
the number of different merchandising categories within a store
------ is the number of skills within a category
assortment
national brands are also called ------ brands
manufactured
which of the following is true about licensed brands?
all of the above
which of the following is a drawback of selling private label merchandise?
significant investment is needed to develop, manage and market private labels
which of the following issues do buyers prepare to discuss with vendors during negotiations meeting?
all of the above
intellectual property would include which of the following?
copyrights
when are granting exclusives legal?
when consumers have alternative sources for a similar product
by showing common goal, buyers and vendors:
can pool their strengths and abilities to exploit potential opportunities
which of the following is the major cost controlled by a store manager?
employee cost
what is the first step in the employee management process?
recruiting and selecting
which of the following is a good technique for conducting a job analysis?
observe efficient employees performing tasks that need to be done
which of the following contains information about the applicant's employment history, previous compensation, reason for leaving, previous employment, education and training, personal health, and references?
job application
which of the following is true about references?
references are a good way to verify information given on an application form
what is the benefit of using realistic job previews when screening job applicants?
to decrease employee turnover
which of the following would be inappropriate to ask at an interview?
where were our parents born
Title VII of the civil rights act"
prohibits dicrimination on the basis of age, color, nation origin, and religion
the process whereby one person attempts to influence another to accomplish some company goal or goals is called:
leadership
who should evaluate the performance of an employee who works in a store's gift wrap department?
the employees immediate supervisor
a retailer could influence customer buying behavior by:
all of the above
the americans disablitites act:
protects people with discrimination in employment, transportation, public accomodations, telecommunications and the activities of the gov't
the trade-off between ease of finding merchandise and providing a varied and interesting layout is determinded by:
the needs of the cutomers shopping at the store
to design s good store layout, store managers must:
create a store layout that entices customers to purchase more than they originally planned
which store design contains long gondolas of merchandise and aisles in a repetitive manner?
grid
which of the following stores are likely to use a racetrack store layout?
JCPenny
the ----- layout arranges fixtures and aisles assymmetrically
free form
which of the following is an example of a feature area?
point-of-sale areas
and end cap:
has high visibility
which of the following should a retailer consider when allocating space to merchandise?
inventory turnover