SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
Fashion Merchandizing
Start Test
Study First
Subjects
:
business-skills
,
industries
Instructions:
Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Carry merchandise from many manufacturers -Originally owned by manufacturers as a way to get rid of excess merchandise
Broad-based Business Consulting Services
Factory Outlet (Specialty)
Resident Buyer (Path for Buyers)
Chain Store
2. Some sample will be altered - To show merchandise in best possible way to accessorize it the way they intended it to be and sometimes on models - Opportunity to develop PR
Personal Shopper
Direct Selling (Non-store Retailing)
Some samples may never be mass produced
Dallas
3. Departments are managed separately - Separate buyers for each department - Extra customer services - Checkout in each department
Factors in Selecting a Resource (Buying
Personal Shopper
Department Store (Characteristics)
Merchandisi
4. Specialize in brand and designer name clothing at discounted prices
Trade Publications (Sources)
Off-Price Store (Specialty)
Store Owner (Path for Buyers)
Some samples may never be mass produced
5. To actually see the merchandise and judge how it will look in store - To find new resources for merchandise - Stores will always carry some traditional vendors But are constantly seeking new sources - Talk to other and get a feel for the trends and
Private Label
Minor Fashion Industries (Global Fashion Centers)
Buyers Attend Market
Market
6. Shoplifting - internal theft - inaccurate records
Broad-based Business Consulting Services
New York (Market Centers)
Merchandisi
Shortage (Dollar Merchandise Plan)
7. Sometimes called the 6 month plan - Balances planned stock and planned sales in dollars - Previous 6 months plan is used as a guideline
Open-to-buy (Dollar Merchandise Plan)
Catalog/Mail Order (Non-store Retai
Franchise
Dollar Merchandise Plan
8. Customer makes choices out of a catalog and places order by phone - mail - or at a facility
Franchise
Market
Trade Associations (Sources)
Catalog/Mail Order (Non-store Retai
9. Small specialized store of a department store
Resident Buyer (Path for Buyers)
Twig (Classifications; Department Store)
Shopping the Stores (Sources)
Paris (Global Fashion Centers)
10. Additional service offered by resident buying offices- design staff of the buying office develops private label merchandise - Newest services
Factory Outlet (Specialty)
Product Development
Store Owner (Path for Buyers)
Specialized Store Buyer (Path for Buyers)
11. Not paid for by the retailer and the retailer doesn't have control over what is said
Chain Store
Breadt
Publicity
Merchandisi
12. Creates fashion looks for magazine phot - shoots - company catalogs - etc.
Using Resident Buying Offices (Sources)
London (Global Fashion Centers)
Stylist
Merchandise/Promotional (Advertising)
13. Planned sales - Planned stock - Turnover - Average stock - Planned purchases - Shortage - Gross margin percentage - Open-to-buy
Milan (Global Fashion Centers)
Variety Store (Specialty)
Confined merchandis
Elements of Dollar Merchandize Plan
14. Sourcing - Logistics related to - importing - Managing information systems
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
15. Chain
Branch (Classifications; Department Store
Advertising
Central Buyer (Path for Buyers)
Buyer (Retail Merchandising)
16. Manufacturers Attend Market to...
Look at offerings and need out and refine their line
Chain Store
Buyers Attend Market
Management Consultants (Consulting Services)
17. Discounts for early payment - Any discounts available (special buys) - Delivery agreements (especially when goods change ownership) - Services (co-op advertising)
Advertising
Reporting Services (Sources)
Terms to be Negotiated (Buying)
London (Global Fashion Centers)
18. Small operation
Variety Store (Specialty)
Regional Marts
Confined merchandis
Store Owner (Path for Buyers)
19. 2nd largest leasing space available
Market Wee
Management Consultants (Consulting Services)
Los Angeles
Open-to-buy (Dollar Merchandise Plan)
20. Conduct own research
Independently owned services
Market Research (Sources)
Business Consultant's Services
Twig (Classifications; Department Store)
21. Market trips - Sales reps wh - visit buyer - Catalogs - Resident buying offices - Store-owned resources
Sources of Merchandise (Buying)
Minor Fashion Industries (Global Fashion Centers)
Image (Promotion)
Off-Price Store (Specialty)
22. Television or computer shopping
Product Development
Regional Marts
Electronic Retailing (Non-store Retailing)
Promotio
23. Compare what is available from the competition
Shopping the Stores (Sources)
Image (Promotion)
London (Global Fashion Centers)
Business Consultant's Services
24. Larger orders may allow for...
Branch (Classifications; Department Store
Lower prices
In-store Success (Sources
Reporting Services (Sources)
25. Current information on trends
Merchandisi
Breadt
Reporting Services (Sources)
Hypermarkets (Specialty
26. Leased department: rents space to an outside firm which runs the department (makeup counters) -In-store boutique
Personal Shopper
Store within a Store
Open-to-buy (Dollar Merchandise Plan)
Independently owned services
27. Germany - Spain - Eastern Block
Hypermarkets (Specialty
Minor Fashion Industries (Global Fashion Centers)
Paths for Buyers
Market Research (Sources)
28. Order from catalog and pick up immediately
Sources of Merchandise (Buying)
Catalog Showroom (Specialty)
Promotio
Private Label
29. Merchandising - Buying - Product Development Organizations
Branch (Classifications; Department Store
Independently owned services
Turnover (Dollar Merchandise Plan)
Advertising
30. Most aware of what is selling (bias)
Franchise
Shortage (Dollar Merchandise Plan)
Vendors (Sources)
Trade Associations (Sources)
31. Manufacturers may not always produce everything they show in regional market (even if orders have been placed) - May not have many new manufacturers
Buyer (Retail Merchandising)
Limitations of regional marts
Trade Publications (Sources)
Store within a Store
32. Completed once the estimated demand has been made - The merchandise plan is both by: Dollar or Merchandise (amount and quantity)
Merchandise Assortment Planning
Reporting Services (Sources)
Store Owned Organizations (Product Development Organizations
Promotio
33. Variety of low priced merchandise
Look at offerings and need out and refine their line
De
Catalog Showroom (Specialty)
Variety Store (Specialty)
34. People who shop for clients
Dallas
Personal Shopper
Terms to be Negotiated (Buying)
Discount Store (Specialty)
35. Door-to-door or house parties
Direct Selling (Non-store Retailing)
OB
Private Label
Store Owned Organizations (Product Development Organizations
36. Store open another facility in a different location - often in suburbs
Branch (Classifications; Department Store
Business Consultant's Services
De
Overbought
37. Develops clothing for actors in plays - movies - and television
In-store Success (Sources
Costume Designe
GMM (Merchandising; Retail Stores)
Franchise
38. Regional center for bridal - evening wear
Business Consultant's Services
Dallas
Variety Store (Specialty)
Tokyo (Global Fashion Centers
39. Figure that tells the frequency with which the stock has been sold and replaced - Goal: increase turn = keep merchandise moving
Store within a Store
Turnover (Dollar Merchandise Plan)
Los Angeles
Catalog/Mail Order (Non-store Retai
40. Merchandising offerings - Appropriate for customers
Private Label
Reporting Services (Sources)
Factors in Selecting a Resource (Buying
Look at offerings and need out and refine their line
41. Large number of resources centered in 7th Avenue area - Largest and most important domestically
Specialized Store Buyer (Path for Buyers)
New York (Market Centers)
Catalog Showroom (Specialty)
Merchandisi
42. Small area within a store for designers or popular manufacturers
Image (Promotion)
Department Store (Characteristics)
In-store Boutique
De
43. Responsible for establishing the store's image
Vendors (Sources)
GMM (Merchandising; Retail Stores)
Factory Outlet (Specialty)
Sources of Merchandise (Buying)
44. Price - Buying plans - What is selling - Needs of the consumer - Buyer completes order which is then approved by DMM
Store Ownership Group
Factors to be Considered in Editing (Buying)
Variety Store (Specialty)
Advertising
45. When merchandise (inventory and ordered) is GREATER than need
In-store Success (Sources
Overbought
Independently Owed (Product Development Organizations)
Central Buyer (Path for Buyers)
46. Shopping the stores - Using resident buying offices - Vendors - Trade publications - Reporting services - Trade associations - Market research - In-store success
Sources of Information (Retail Merchandising)
Breadt
Franchise
Flagship (Classifications; Department Store)
47. Typically 6 months prior to season
Market Wee
Factors in Selecting a Resource (Buying
Reporting Services (Sources)
Breadt
48. Focuses on a particular item or product
Promotio
Sources of Information (Retail Merchandising)
Milan (Global Fashion Centers)
Trade Publications (Sources)
49. Tells buyer dollar amount of purchases that can be made - Actual stock- planned stock
Open-to-buy (Dollar Merchandise Plan)
In-store Success (Sources
Merchandise/Promotional (Advertising)
New York (Market Centers)
50. Store's own label for career and casual sportswear; prices vary (better to moderate)
Shopping the Stores (Sources)
Specialized Store Buyer (Path for Buyers)
Private Label
Publicity