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. Focuses on the business itself
Buyer (Retail Merchandising)
Image (Promotion)
London (Global Fashion Centers)
Two basic kinds of ratail advertising
2. Compare what is available from the competition
Shopping the Stores (Sources)
Factors to be Considered in Editing (Buying)
Image (Promotion)
Resident Buyer (Path for Buyers)
3. 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
New York (Market Centers)
Buyers Attend Market
Gross Margin Percentage (Dollar Merchandise Plan)
Store Owned Organizations (Product Development Organizations
4. People who shop for clients
Resident Buyer
Personal Shopper
Business Consultant's Services
Buyer (Retail Merchandising)
5. Stores are part of an ownership group - Corporation owns a number of autonomously operated retail organizations
Specialty Store
Store Ownership Group
Look at offerings and need out and refine their line
Turnover (Dollar Merchandise Plan)
6. Responsible for several areas
Look at offerings and need out and refine their line
DMM (Merchandising; Retail Store
Advertising
Factors to be Considered in Editing (Buying)
7. Pay a fee for what are supposed to be wholesale prices
Trade Publications (Sources)
Costume Designe
Direct Selling (Non-store Retailing)
Wholesale Warehouse Clubs (Specialty)
8. Television or computer shopping
Wholesale Warehouse Clubs (Specialty)
Milan (Global Fashion Centers)
Electronic Retailing (Non-store Retailing)
Trade Publications (Sources)
9. 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
10. Run by private enterprises - members subscribe for a fee (e.g. Doneger Group)
Milan (Global Fashion Centers)
Independently Owed (Product Development Organizations)
Some samples may never be mass produced
Factors in Selecting a Resource (Buying
11. Responsible for a department/area
Buyer (Merchandising; Retail Stores)
Chain Store
Merchandise/Promotional (Advertising)
Store Ownership Group
12. Market trips - Sales reps wh - visit buyer - Catalogs - Resident buying offices - Store-owned resources
Sources of Merchandise (Buying)
In-store Success (Sources
Store Owner (Path for Buyers)
Publicity
13. Shoplifting - internal theft - inaccurate records
Factory Outlet (Specialty)
Catalog/Mail Order (Non-store Retai
New York (Market Centers)
Shortage (Dollar Merchandise Plan)
14. Market area - Assists specialized (central) buyer
Independently owned services
Discount Store (Specialty)
Resident Buyer (Path for Buyers)
Private Label
15. Image Merchandise/promotional -advertising agencies bid for client accounts
Branch (Classifications; Department Store
Central Buyer (Path for Buyers)
London (Global Fashion Centers)
Two basic kinds of ratail advertising
16. Conduct own research
Promotio
Market Research (Sources)
Look at offerings and need out and refine their line
Terms to be Negotiated (Buying)
17. Specialize in brand and designer name clothing at discounted prices
Business Consultant's Services
Off-Price Store (Specialty)
Elements of Dollar Merchandize Plan
Factors in Selecting a Resource (Buying
18. Regional center for bridal - evening wear
Dallas
Product Development
Paths for Buyers
Trade Associations (Sources)
19. Current information on trends
OB
Advertising
Reporting Services (Sources)
Paths for Buyers
20. Sales records - Sales people
Dollar Merchandise Plan
Limitations of regional marts
In-store Success (Sources
Central Buyer (Path for Buyers)
21. 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
Minor Fashion Industries (Global Fashion Centers)
In-store Boutique
De
Resident Buyer
22. Selling responsibilities
Store Ownership Group
Specialized Store Buyer (Path for Buyers)
Regional Marts
Some samples may never be mass produced
23. Italian fashion - Knits - Shoes - Menswear
Market Research (Sources)
Milan (Global Fashion Centers)
Terms to be Negotiated (Buying)
Product Development
24. Merchandising - Buying - Product Development Organizations
Independently owned services
OB
Factory Outlet (Specialty)
Branch (Classifications; Department Store
25. Leased department: rents space to an outside firm which runs the department (makeup counters) -In-store boutique
Store within a Store
Image (Advertising)
London (Global Fashion Centers)
Lower prices
26. Responsible for establishing the store's image
Independently owned services
GMM (Merchandising; Retail Stores)
Private Label
Factors in Selecting a Resource (Buying
27. Located in market
Regional Marts
Image (Advertising)
Using Resident Buying Offices (Sources)
Independently owned services
28. Small operation
Resident Buyer (Path for Buyers)
Market Wee
Management Consultants (Consulting Services)
Store Owner (Path for Buyers)
29. Money left to buy- when merchandise NEEDS to exceed merchandise available
Los Angeles
Market Wee
Paris (Global Fashion Centers)
OB
30. Focus specifically on product
Tokyo (Global Fashion Centers
Merchandisi
Merchandise/Promotional (Advertising)
Store within a Store
31. Chain
Central Buyer (Path for Buyers)
Electronic Retailing (Non-store Retailing)
Resident Buyer
New York (Market Centers)
32. Tells buyer dollar amount of purchases that can be made - Actual stock- planned stock
Business Consultant's Services
Open-to-buy (Dollar Merchandise Plan)
Branch (Classifications; Department Store
Central Buyer (Path for Buyers)
33. Variety of low priced merchandise
Variety Store (Specialty)
Publicity
Business Consultant's Services
Dallas
34. Germany - Spain - Eastern Block
Open-to-buy (Dollar Merchandise Plan)
Franchise
Minor Fashion Industries (Global Fashion Centers)
Direct Selling (Non-store Retailing)
35. 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
Regional Marts
Central Buyer (Path for Buyers)
Image (Promotion)
Paris (Global Fashion Centers)
36. Offerings limited to geographical area - Vendor policies (Minimums) - Vendor services (On time shipments)
Image (Promotion)
Confined merchandis
Franchise
Sources of Information (Retail Merchandising)
37. Buying - selling - and planning of merchandise
Merchandisi
Limitations of regional marts
Sources of Information (Retail Merchandising)
London (Global Fashion Centers)
38. Serves as group of stores - membership is by invitation only (e.g. Associated Merchandising Corporation)
Store Owned Organizations (Product Development Organizations
De
Elements of Dollar Merchandize Plan
Independently owned services
39. Additional service offered by resident buying offices- design staff of the buying office develops private label merchandise - Newest services
Product Development
DMM (Merchandising; Retail Store
Dollar Merchandise Plan
Electronic Retailing (Non-store Retailing)
40. 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
Paris (Global Fashion Centers)
Some samples may never be mass produced
Using Resident Buying Offices (Sources)
Chain Store
41. Management consultants - Technical consultants - Import and export consultants
Broad-based Business Consulting Services
Buyers Attend Market
Flagship (Classifications; Department Store)
Department Store (Characteristics)
42. Store that concentrates on a specific classification of merchandise - Often more clearly defined market - Broad and shallow assortment
GMM (Merchandising; Retail Stores)
Specialty Store
Shopping the Stores (Sources)
Store Owned Organizations (Product Development Organizations
43. Manufacturers may not always produce everything they show in regional market (even if orders have been placed) - May not have many new manufacturers
Minor Fashion Industries (Global Fashion Centers)
GMM (Merchandising; Retail Stores)
Vendors (Sources)
Limitations of regional marts
44. Combine supermarket - appliances - toys - drug store items - apparel - etc. - everything under one roof
Milan (Global Fashion Centers)
Hypermarkets (Specialty
London (Global Fashion Centers)
Promotio
45. Focuses on a particular item or product
Costume Designe
Merchandise/Promotional (Advertising)
Shopping the Stores (Sources)
Promotio
46. Planned sales - Planned stock - Turnover - Average stock - Planned purchases - Shortage - Gross margin percentage - Open-to-buy
Store Ownership Group
Shopping the Stores (Sources)
Elements of Dollar Merchandize Plan
Dallas
47. Shopping the stores - Using resident buying offices - Vendors - Trade publications - Reporting services - Trade associations - Market research - In-store success
Personal Shopper
Sources of Information (Retail Merchandising)
Advertising
Store Ownership Group
48. Merchandising offerings - Appropriate for customers
Overbought
Image (Promotion)
Factors in Selecting a Resource (Buying
Department Store (Characteristics)
49. Store owner - Specialized store buyer - Central buyer - Resident buyer
Store Owned Organizations (Product Development Organizations
Merchandise Assortment Planning
Paths for Buyers
Catalog/Mail Order (Non-store Retai
50. Net sales- total merchandise costs (Allow for overhead taxes and profit)
Two basic kinds of ratail advertising
Gross Margin Percentage (Dollar Merchandise Plan)
Sources of Merchandise (Buying)
Elements of Dollar Merchandize Plan