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. Merchandising offerings - Appropriate for customers






2. 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






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






4. Responsible for several areas






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






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






7. Italian fashion - Knits - Shoes - Menswear






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






9. 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






10. Focuses on the business itself






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






12. Price - Buying plans - What is selling - Needs of the consumer - Buyer completes order which is then approved by DMM






13. Shoplifting - internal theft - inaccurate records






14. Menswear






15. Market trips - Sales reps wh - visit buyer - Catalogs - Resident buying offices - Store-owned resources






16. Responsible for establishing the store's image






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






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






19. Focuses on a particular item or product






20. Merchandising - Buying - Product Development Organizations






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






22. Door-to-door or house parties






23. Sales records - Sales people






24. 2nd largest leasing space available






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






26. Quantity of different items offered






27. 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






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






29. Completed once the estimated demand has been made - The merchandise plan is both by: Dollar or Merchandise (amount and quantity)






30. Television or computer shopping






31. Stores are part of an ownership group - Corporation owns a number of autonomously operated retail organizations






32. Place where sellers display sample goods and buyers survey and place orders for merchandise which will be delivered later






33. People who shop for clients






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






35. Ads; focuses on business itself






36. Where store execs are housed






37. Number of different items offered






38. Chain






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






40. Larger orders may allow for...






41. Cotton Inc. - Wool Bureau






42. Run by private enterprises - members subscribe for a fee (e.g. Doneger Group)






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






44. Market area - Assists specialized (central) buyer






45. Small operation






46. Manufacturers Attend Market to...






47. Buying - selling - and planning of merchandise






48. Located in market






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






50. 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