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. Additional service offered by resident buying offices- design staff of the buying office develops private label merchandise - Newest services
Buyer (Merchandising; Retail Stores)
Franchise
Product Development
Wholesale Warehouse Clubs (Specialty)
2. Cotton Inc. - Wool Bureau
Trade Associations (Sources)
Elements of Dollar Merchandize Plan
Los Angeles
Store Owned Organizations (Product Development Organizations
3. Not paid for by the retailer and the retailer doesn't have control over what is said
Business Consultant's Services
Publicity
Variety Store (Specialty)
Terms to be Negotiated (Buying)
4. Sometimes called the 6 month plan - Balances planned stock and planned sales in dollars - Previous 6 months plan is used as a guideline
Dollar Merchandise Plan
Business Consultant's Services
Dallas
Broad-based Business Consulting Services
5. People who shop for clients
Lower prices
Shortage (Dollar Merchandise Plan)
Broad-based Business Consulting Services
Personal Shopper
6. Completed once the estimated demand has been made - The merchandise plan is both by: Dollar or Merchandise (amount and quantity)
Factory Outlet (Specialty)
Shopping the Stores (Sources)
Some samples may never be mass produced
Merchandise Assortment Planning
7. Compare what is available from the competition
Hypermarkets (Specialty
Shopping the Stores (Sources)
Image (Advertising)
Store Ownership Group
8. Sales records - Sales people
Reporting Services (Sources)
Specialized Store Buyer (Path for Buyers)
Department Store (Characteristics)
In-store Success (Sources
9. Carry merchandise from many manufacturers -Originally owned by manufacturers as a way to get rid of excess merchandise
OB
Dollar Merchandise Plan
Market Wee
Factory Outlet (Specialty)
10. Number of different items offered
Breadt
DMM (Merchandising; Retail Store
Specialized Store Buyer (Path for Buyers)
Product Development
11. Typically 6 months prior to season
Dallas
Store Ownership Group
Independently Owed (Product Development Organizations)
Market Wee
12. Shopping the stores - Using resident buying offices - Vendors - Trade publications - Reporting services - Trade associations - Market research - In-store success
Sources of Information (Retail Merchandising)
Advertising
Using Resident Buying Offices (Sources)
Promotio
13. Specialize in brand and designer name clothing at discounted prices
Tokyo (Global Fashion Centers
Wholesale Warehouse Clubs (Specialty)
Limitations of regional marts
Off-Price Store (Specialty)
14. Responsible for establishing the store's image
Hypermarkets (Specialty
GMM (Merchandising; Retail Stores)
Private Label
Business Consultant's Services
15. Customer makes choices out of a catalog and places order by phone - mail - or at a facility
Business Consultant's Services
Resident Buyer (Path for Buyers)
Paris (Global Fashion Centers)
Catalog/Mail Order (Non-store Retai
16. Television or computer shopping
Electronic Retailing (Non-store Retailing)
Wholesale Warehouse Clubs (Specialty)
Some samples may never be mass produced
Reporting Services (Sources)
17. 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
Resident Buyer
Promotio
Costume Designe
Image (Advertising)
18. Merchandising - Buying - Product Development Organizations
Image (Advertising)
Buyers Attend Market
Department Store (Characteristics)
Independently owned services
19. Develops clothing for actors in plays - movies - and television
Shortage (Dollar Merchandise Plan)
Regional Marts
Vendors (Sources)
Costume Designe
20. Serves as group of stores - membership is by invitation only (e.g. Associated Merchandising Corporation)
Specialty Store
Store Owner (Path for Buyers)
Image (Advertising)
Store Owned Organizations (Product Development Organizations
21. Small area within a store for designers or popular manufacturers
In-store Boutique
Milan (Global Fashion Centers)
Store Owner (Path for Buyers)
Direct Selling (Non-store Retailing)
22. 2nd largest leasing space available
Factors in Selecting a Resource (Buying
Look at offerings and need out and refine their line
Tokyo (Global Fashion Centers
Los Angeles
23. Anticipating future needs - Interpreting consumer demand - Evaluating current sales
Some samples may never be mass produced
Store Owner (Path for Buyers)
Buyer (Retail Merchandising)
GMM (Merchandising; Retail Stores)
24. Ads; focuses on business itself
Limitations of regional marts
Buyer (Merchandising; Retail Stores)
Merchandise/Promotional (Advertising)
Image (Advertising)
25. Responsible for a department/area
Specialty Store
Buyer (Merchandising; Retail Stores)
New York (Market Centers)
Milan (Global Fashion Centers)
26. Small operation
Wholesale Warehouse Clubs (Specialty)
Store Owner (Path for Buyers)
Buyer (Retail Merchandising)
DMM (Merchandising; Retail Store
27. Manufacturers may not always produce everything they show in regional market (even if orders have been placed) - May not have many new manufacturers
Trade Associations (Sources)
Limitations of regional marts
Vendors (Sources)
Central Buyer (Path for Buyers)
28. Net sales- total merchandise costs (Allow for overhead taxes and profit)
DMM (Merchandising; Retail Store
Gross Margin Percentage (Dollar Merchandise Plan)
Management Consultants (Consulting Services)
Resident Buyer
29. Store that concentrates on a specific classification of merchandise - Often more clearly defined market - Broad and shallow assortment
Costume Designe
Specialty Store
Paths for Buyers
Turnover (Dollar Merchandise Plan)
30. Merchandising offerings - Appropriate for customers
Buyers Attend Market
DMM (Merchandising; Retail Store
Market
Factors in Selecting a Resource (Buying
31. Management consultants - Technical consultants - Import and export consultants
Broad-based Business Consulting Services
Turnover (Dollar Merchandise Plan)
Catalog/Mail Order (Non-store Retai
Specialty Store
32. Quantity of different items offered
Dallas
Stylist
De
Terms to be Negotiated (Buying)
33. Most aware of what is selling (bias)
Shopping the Stores (Sources)
Specialized Store Buyer (Path for Buyers)
Vendors (Sources)
Branch (Classifications; Department Store
34. Italian fashion - Knits - Shoes - Menswear
Costume Designe
Using Resident Buying Offices (Sources)
Tokyo (Global Fashion Centers
Milan (Global Fashion Centers)
35. Run by private enterprises - members subscribe for a fee (e.g. Doneger Group)
Independently Owed (Product Development Organizations)
Milan (Global Fashion Centers)
Look at offerings and need out and refine their line
Trade Associations (Sources)
36. Market area - Assists specialized (central) buyer
Direct Selling (Non-store Retailing)
Resident Buyer (Path for Buyers)
Management Consultants (Consulting Services)
Central Buyer (Path for Buyers)
37. Conduct own research
Independently Owed (Product Development Organizations)
Independently owned services
Image (Advertising)
Market Research (Sources)
38. Manufacturer sells the rights to retail the product - Franchise has the right to use the name and stock the merchandise - Example = Panera
In-store Boutique
Paris (Global Fashion Centers)
Twig (Classifications; Department Store)
Franchise
39. 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
Market
Hypermarkets (Specialty
Chain Store
Paths for Buyers
40. Must be selected for membership - All couture houses do custom dressmaking but also have ready-to-wear line
Buyer (Retail Merchandising)
Central Buyer (Path for Buyers)
Paris (Global Fashion Centers)
Department Store (Characteristics)
41. Discounts for early payment - Any discounts available (special buys) - Delivery agreements (especially when goods change ownership) - Services (co-op advertising)
Terms to be Negotiated (Buying)
Specialized Store Buyer (Path for Buyers)
Shopping the Stores (Sources)
Limitations of regional marts
42. Image Merchandise/promotional -advertising agencies bid for client accounts
Independently owned services
Two basic kinds of ratail advertising
Lower prices
Franchise
43. Creates fashion looks for magazine phot - shoots - company catalogs - etc.
Stylist
Promotio
Business Consultant's Services
Factors to be Considered in Editing (Buying)
44. Selling responsibilities
Specialized Store Buyer (Path for Buyers)
Franchise
Trade Publications (Sources)
Catalog Showroom (Specialty)
45. Large number of resources centered in 7th Avenue area - Largest and most important domestically
New York (Market Centers)
Specialty Store
Merchandise Assortment Planning
Private Label
46. Offerings limited to geographical area - Vendor policies (Minimums) - Vendor services (On time shipments)
Confined merchandis
Stylist
Gross Margin Percentage (Dollar Merchandise Plan)
Milan (Global Fashion Centers)
47. Leased department: rents space to an outside firm which runs the department (makeup counters) -In-store boutique
Merchandise/Promotional (Advertising)
Off-Price Store (Specialty)
Store within a Store
Store Owner (Path for Buyers)
48. 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
Some samples may never be mass produced
Dallas
Electronic Retailing (Non-store Retailing)
Regional Marts
49. Focuses on the business itself
Tokyo (Global Fashion Centers
Buyer (Retail Merchandising)
Lower prices
Image (Promotion)
50. Stores are part of an ownership group - Corporation owns a number of autonomously operated retail organizations
Overbought
Store Ownership Group
In-store Boutique
Store Owned Organizations (Product Development Organizations
Sorry!:) No result found.
Can you answer 50 questions in 15 minutes?
Let me suggest you:
Browse all subjects
Browse all tests
Most popular tests
Major Subjects
Tests & Exams
AP
CLEP
DSST
GRE
SAT
GMAT
Certifications
CISSP go to https://www.isc2.org/
PMP
ITIL
RHCE
MCTS
More...
IT Skills
Android Programming
Data Modeling
Objective C Programming
Basic Python Programming
Adobe Illustrator
More...
Business Skills
Advertising Techniques
Business Accounting Basics
Business Strategy
Human Resource Management
Marketing Basics
More...
Soft Skills
Body Language
People Skills
Public Speaking
Persuasion
Job Hunting And Resumes
More...
Vocabulary
GRE Vocab
SAT Vocab
TOEFL Essential Vocab
Basic English Words For All
Global Words You Should Know
Business English
More...
Languages
AP German Vocab
AP Latin Vocab
SAT Subject Test: French
Italian Survival
Norwegian Survival
More...
Engineering
Audio Engineering
Computer Science Engineering
Aerospace Engineering
Chemical Engineering
Structural Engineering
More...
Health Sciences
Basic Nursing Skills
Health Science Language Fundamentals
Veterinary Technology Medical Language
Cardiology
Clinical Surgery
More...
English
Grammar Fundamentals
Literary And Rhetorical Vocab
Elements Of Style Vocab
Introduction To English Major
Complete Advanced Sentences
Literature
Homonyms
More...
Math
Algebra Formulas
Basic Arithmetic: Measurements
Metric Conversions
Geometric Properties
Important Math Facts
Number Sense Vocab
Business Math
More...
Other Major Subjects
Science
Economics
History
Law
Performing-arts
Cooking
Logic & Reasoning
Trivia
Browse all subjects
Browse all tests
Most popular tests