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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. Cotton Inc. - Wool Bureau






2. Sales records - Sales people






3. When merchandise (inventory and ordered) is GREATER than need






4. Focus specifically on product






5. Tells buyer dollar amount of purchases that can be made - Actual stock- planned stock






6. Manufacturers Attend Market to...






7. Image Merchandise/promotional -advertising agencies bid for client accounts






8. Quantity of different items offered






9. Door-to-door or house parties






10. Focuses on management and market research






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






12. Figure that tells the frequency with which the stock has been sold and replaced - Goal: increase turn = keep merchandise moving






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






14. Focuses on a particular item or product






15. Most aware of what is selling (bias)






16. Creates fashion looks for magazine phot - shoots - company catalogs - etc.






17. Located in market






18. Chain






19. Merchandising offerings - Appropriate for customers






20. Number of different items offered






21. WWD - DNR - stores (consumer fashion magazines)






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






23. Merchandising - Buying - Product Development Organizations






24. Ads; focuses on business itself






25. Offer merchandise at prices below recognized levels -Emphasis on self-service - limited services -Volume-oriented






26. Sometimes called the 6 month plan - Balances planned stock and planned sales in dollars - Previous 6 months plan is used as a guideline






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






28. Germany - Spain - Eastern Block






29. Responsible for a department/area






30. Market area - Assists specialized (central) buyer






31. Store open another facility in a different location - often in suburbs






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






33. Variety of low priced merchandise






34. Focuses on the business itself






35. Regional center for bridal - evening wear






36. Responsible for establishing the store's image






37. Small specialized store of a department store






38. Manufacturers may not always produce everything they show in regional market (even if orders have been placed) - May not have many new manufacturers






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






40. Develops clothing for actors in plays - movies - and television






41. Sourcing - Logistics related to - importing - Managing information systems

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






43. Order from catalog and pick up immediately






44. Shoplifting - internal theft - inaccurate records






45. 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






46. 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






47. Larger orders may allow for...






48. Where store execs are housed






49. Selling responsibilities






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







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


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