Test your basic knowledge |

Fashion Merchandizing

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. 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


2. Combine supermarket - appliances - toys - drug store items - apparel - etc. - everything under one roof






3. Typically 6 months prior to season






4. Anticipating future needs - Interpreting consumer demand - Evaluating current sales






5. Merchandising - Buying - Product Development Organizations






6. Departments are managed separately - Separate buyers for each department - Extra customer services - Checkout in each department






7. Screens the market for the store buyer (represents the buyer) - Group buying- allows for lower prices due to volume buying - Assist with private label- product development sourcing - Assist with foreign buying






8. Responsible for establishing the store's image






9. Small operation






10. Responsible for several areas






11. Additional service offered by resident buying offices- design staff of the buying office develops private label merchandise - Newest services






12. Door-to-door or house parties






13. Not paid for by the retailer and the retailer doesn't have control over what is said






14. Quantity of different items offered






15. Order from catalog and pick up immediately






16. Customer makes choices out of a catalog and places order by phone - mail - or at a facility






17. Small specialized store of a department store






18. Manufacturers Attend Market to...






19. Larger orders may allow for...






20. These reach out and sell to - small fashion retailers in surrounding areas - serve as a wholesale selling facility for apparel producers - Better understanding of the local consumer






21. Responsible for a department/area






22. Focuses on management and market research






23. Store owner - Specialized store buyer - Central buyer - Resident buyer






24. Focuses on the business itself






25. Germany - Spain - Eastern Block






26. Number of different items offered






27. Management consultants - Technical consultants - Import and export consultants






28. Most aware of what is selling (bias)






29. Regional center for bridal - evening wear






30. Planned sales - Planned stock - Turnover - Average stock - Planned purchases - Shortage - Gross margin percentage - Open-to-buy






31. Market area - Assists specialized (central) buyer






32. 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






33. Italian fashion - Knits - Shoes - Menswear






34. Manufacturer sells the rights to retail the product - Franchise has the right to use the name and stock the merchandise - Example = Panera






35. Carry merchandise from many manufacturers -Originally owned by manufacturers as a way to get rid of excess merchandise






36. Small area within a store for designers or popular manufacturers






37. Shopping the stores - Using resident buying offices - Vendors - Trade publications - Reporting services - Trade associations - Market research - In-store success






38. Menswear






39. Sales records - Sales people






40. Pay a fee for what are supposed to be wholesale prices






41. Store's own label for career and casual sportswear; prices vary (better to moderate)






42. Television or computer shopping






43. Money left to buy- when merchandise NEEDS to exceed merchandise available






44. Must be selected for membership - All couture houses do custom dressmaking but also have ready-to-wear line






45. Large number of resources centered in 7th Avenue area - Largest and most important domestically






46. Specialize in brand and designer name clothing at discounted prices






47. Current information on trends






48. Where store execs are housed






49. Leased department: rents space to an outside firm which runs the department (makeup counters) -In-store boutique






50. Located in market