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. Chain
Central Buyer (Path for Buyers)
Personal Shopper
Electronic Retailing (Non-store Retailing)
Terms to be Negotiated (Buying)
2. Number of different items offered
Factors to be Considered in Editing (Buying)
Breadt
Central Buyer (Path for Buyers)
Variety Store (Specialty)
3. Merchandising - Buying - Product Development Organizations
Merchandisi
Independently owned services
Sources of Merchandise (Buying)
Using Resident Buying Offices (Sources)
4. Shopping the stores - Using resident buying offices - Vendors - Trade publications - Reporting services - Trade associations - Market research - In-store success
Sources of Information (Retail Merchandising)
Factors to be Considered in Editing (Buying)
Trade Publications (Sources)
Discount Store (Specialty)
5. Completed once the estimated demand has been made - The merchandise plan is both by: Dollar or Merchandise (amount and quantity)
Market Wee
De
Merchandise Assortment Planning
Minor Fashion Industries (Global Fashion Centers)
6. Small operation
Factors to be Considered in Editing (Buying)
Milan (Global Fashion Centers)
Store Owner (Path for Buyers)
London (Global Fashion Centers)
7. 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
Breadt
Electronic Retailing (Non-store Retailing)
De
Regional Marts
8. Manufacturer sells the rights to retail the product - Franchise has the right to use the name and stock the merchandise - Example = Panera
Paris (Global Fashion Centers)
Private Label
Franchise
Independently owned services
9. Manufacturers Attend Market to...
Buyers Attend Market
Variety Store (Specialty)
Stylist
Look at offerings and need out and refine their line
10. Discounts for early payment - Any discounts available (special buys) - Delivery agreements (especially when goods change ownership) - Services (co-op advertising)
Electronic Retailing (Non-store Retailing)
In-store Boutique
Terms to be Negotiated (Buying)
Independently owned services
11. Buying - selling - and planning of merchandise
Paths for Buyers
Factors in Selecting a Resource (Buying
Merchandisi
Los Angeles
12. Planned sales - Planned stock - Turnover - Average stock - Planned purchases - Shortage - Gross margin percentage - Open-to-buy
Business Consultant's Services
Trade Publications (Sources)
Specialty Store
Elements of Dollar Merchandize Plan
13. 2nd largest leasing space available
Limitations of regional marts
Specialty Store
London (Global Fashion Centers)
Los Angeles
14. Sales records - Sales people
Factors in Selecting a Resource (Buying
Independently Owed (Product Development Organizations)
Overbought
In-store Success (Sources
15. Compare what is available from the competition
London (Global Fashion Centers)
New York (Market Centers)
Shopping the Stores (Sources)
Variety Store (Specialty)
16. Typically 6 months prior to season
Market Wee
Paths for Buyers
Hypermarkets (Specialty
Electronic Retailing (Non-store Retailing)
17. Regional center for bridal - evening wear
New York (Market Centers)
Buyer (Merchandising; Retail Stores)
Dallas
Off-Price Store (Specialty)
18. Store open another facility in a different location - often in suburbs
Dallas
Limitations of regional marts
DMM (Merchandising; Retail Store
Branch (Classifications; Department Store
19. Television or computer shopping
Management Consultants (Consulting Services)
OB
Variety Store (Specialty)
Electronic Retailing (Non-store Retailing)
20. Pay a fee for what are supposed to be wholesale prices
Wholesale Warehouse Clubs (Specialty)
Sources of Information (Retail Merchandising)
Department Store (Characteristics)
Discount Store (Specialty)
21. Where store execs are housed
Open-to-buy (Dollar Merchandise Plan)
Flagship (Classifications; Department Store)
Buyer (Retail Merchandising)
Hypermarkets (Specialty
22. Place where sellers display sample goods and buyers survey and place orders for merchandise which will be delivered later
Sources of Merchandise (Buying)
GMM (Merchandising; Retail Stores)
Market
Dallas
23. Focuses on management and market research
Some samples may never be mass produced
Independently owned services
Branch (Classifications; Department Store
Management Consultants (Consulting Services)
24. Manufacturers may not always produce everything they show in regional market (even if orders have been placed) - May not have many new manufacturers
Limitations of regional marts
Trade Publications (Sources)
Two basic kinds of ratail advertising
Reporting Services (Sources)
25. Quantity of different items offered
Merchandisi
De
Some samples may never be mass produced
Shopping the Stores (Sources)
26. Must be selected for membership - All couture houses do custom dressmaking but also have ready-to-wear line
Personal Shopper
Paris (Global Fashion Centers)
Advertising
Dallas
27. Centrally located/organized with merchandising and buying in a central headquarters - Most of the separate stores look alike and carry the same merchandise - Example = Target
Specialized Store Buyer (Path for Buyers)
Factory Outlet (Specialty)
Chain Store
Lower prices
28. Current information on trends
Merchandisi
Reporting Services (Sources)
Store Owned Organizations (Product Development Organizations
Chain Store
29. Conduct own research
New York (Market Centers)
Specialized Store Buyer (Path for Buyers)
Discount Store (Specialty)
Market Research (Sources)
30. Develops clothing for actors in plays - movies - and television
Costume Designe
Market Research (Sources)
Shopping the Stores (Sources)
Paths for Buyers
31. Market trips - Sales reps wh - visit buyer - Catalogs - Resident buying offices - Store-owned resources
Sources of Merchandise (Buying)
De
Flagship (Classifications; Department Store)
Sources of Information (Retail Merchandising)
32. Large number of resources centered in 7th Avenue area - Largest and most important domestically
Breadt
Merchandisi
London (Global Fashion Centers)
New York (Market Centers)
33. WWD - DNR - stores (consumer fashion magazines)
Central Buyer (Path for Buyers)
Buyers Attend Market
Trade Publications (Sources)
Specialized Store Buyer (Path for Buyers)
34. Mass - staples
Market
Twig (Classifications; Department Store)
Tokyo (Global Fashion Centers
Regional Marts
35. Specialize in brand and designer name clothing at discounted prices
Business Consultant's Services
Department Store (Characteristics)
Private Label
Off-Price Store (Specialty)
36. Menswear
Store within a Store
Image (Promotion)
Regional Marts
London (Global Fashion Centers)
37. Run by private enterprises - members subscribe for a fee (e.g. Doneger Group)
Branch (Classifications; Department Store
Variety Store (Specialty)
Specialty Store
Independently Owed (Product Development Organizations)
38. Shoplifting - internal theft - inaccurate records
Buyer (Retail Merchandising)
Department Store (Characteristics)
Shortage (Dollar Merchandise Plan)
Gross Margin Percentage (Dollar Merchandise Plan)
39. Sourcing - Logistics related to - importing - Managing information systems
40. Cotton Inc. - Wool Bureau
Trade Associations (Sources)
OB
Trade Publications (Sources)
Sources of Information (Retail Merchandising)
41. Selling responsibilities
Resident Buyer
Breadt
Image (Promotion)
Specialized Store Buyer (Path for Buyers)
42. Order from catalog and pick up immediately
Catalog Showroom (Specialty)
Specialized Store Buyer (Path for Buyers)
Buyer (Merchandising; Retail Stores)
Advertising
43. Door-to-door or house parties
Discount Store (Specialty)
Broad-based Business Consulting Services
Direct Selling (Non-store Retailing)
Factors to be Considered in Editing (Buying)
44. Carry merchandise from many manufacturers -Originally owned by manufacturers as a way to get rid of excess merchandise
Sources of Merchandise (Buying)
Store Owned Organizations (Product Development Organizations
Factory Outlet (Specialty)
De
45. Responsible for establishing the store's image
Turnover (Dollar Merchandise Plan)
Minor Fashion Industries (Global Fashion Centers)
GMM (Merchandising; Retail Stores)
Management Consultants (Consulting Services)
46. Departments are managed separately - Separate buyers for each department - Extra customer services - Checkout in each department
Business Consultant's Services
Buyers Attend Market
Department Store (Characteristics)
Trade Associations (Sources)
47. Store that concentrates on a specific classification of merchandise - Often more clearly defined market - Broad and shallow assortment
Personal Shopper
Specialty Store
Store within a Store
Minor Fashion Industries (Global Fashion Centers)
48. Image Merchandise/promotional -advertising agencies bid for client accounts
Product Development
Dallas
Two basic kinds of ratail advertising
Store within a Store
49. Small area within a store for designers or popular manufacturers
In-store Boutique
Sources of Merchandise (Buying)
Personal Shopper
Overbought
50. Not paid for by the retailer and the retailer doesn't have control over what is said
Publicity
GMM (Merchandising; Retail Stores)
Image (Advertising)
Factors in Selecting a Resource (Buying