Fashion and Design

_______________ often causes retailers to have excessive inventory and higher warehouse costs. ...

_______________ often causes retailers to have excessive inventory and higher warehouse costs. ...

_______________ often causes retailers to have excessive inventory and higher warehouse costs.
 
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cali721   134   2 Replies

cali721

During the CPFR Cycle, this stage includes ordering and distributing goods:

During the CPFR Cycle, this stage includes ordering and distributing goods:

During the CPFR Cycle, this stage includes ordering and distributing goods:
 
  a. Analysis
  b. Demand and supply management
  c. Execution
  d. Strategy and planning

ilaydayolac   132   1 Reply

latifat

_______________ includes audio, visual, and scents which enhance a retail space. (Fill in the blank)

_______________ includes audio, visual, and scents which enhance a retail space. (Fill in the blank)

_______________ includes audio, visual, and scents which enhance a retail space.
 
  Fill in the blank(s) with correct word

akifuji   124   1 Reply

jancukers123

Retailers classify their stores by customer _______________ and _______________ characteristics. ...

Retailers classify their stores by customer _______________ and _______________ characteristics. ...

Retailers classify their stores by customer _______________ and _______________ characteristics.
 
  Fill in the blank(s) with correct word

ilaydayolac   120   1 Reply

Percymate

_______________ is the strategy that focuses on the optimization of space to increase sales.

_______________ is the strategy that focuses on the optimization of space to increase sales.

_______________ is the strategy that focuses on the optimization of space to increase sales.
 
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Shudson   133   1 Reply

schoolboy4367

By planning an assortment based on the typical customer on a store retailers are able ...

By planning an assortment based on the typical customer on a store retailers are able ...

By planning an assortment based on the typical customer on a store retailers are able to_______________ cash flow.
 
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raquelwoods14   129   1 Reply

curly

When small retailers became larger chains, what were the major challenges they faced? What will ...

When small retailers became larger chains, what were the major challenges they faced? What will ...

When small retailers became larger chains, what were the major challenges they faced?
 
  What will be an ideal response?

melanieringel18   148   2 Replies

melanieringel18

How did mom and pop retailers implement customer relationship management?

How did mom and pop retailers implement customer relationship management?

How did mom and pop retailers implement customer relationship management?
 
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seitzjoseph   136   1 Reply

curly

What were the two major forces enabling the retail industry to develop category management? What ...

What were the two major forces enabling the retail industry to develop category management? What ...

What were the two major forces enabling the retail industry to develop category management?
 
  What will be an ideal response?

sidneybaker   149   1 Reply

ysh

Explain the differences in the experiential and productivity loops and give examples of retailers ...

Explain the differences in the experiential and productivity loops and give examples of retailers ...

Explain the differences in the experiential and productivity loops and give examples of retailers who practice each.
 
  What will be an ideal response?

poopsicle2   180   1 Reply

schoolboy4367

Based upon the characteristics of the American consumers, why are both the productivity and ...

Based upon the characteristics of the American consumers, why are both the productivity and ...

Based upon the characteristics of the American consumers, why are both the productivity and experiential loop effective?
 
  What will be an ideal response?

yojohnson1977   119   1 Reply

astriananathae

In brand management which of the following is true?

In brand management which of the following is true?

In brand management which of the following is true?
 
  a. Customers' buying behavior
  b. Customers' decision making hierarchy
  c. Profit generated by the brand
  d. Profit generated by the category

iLearn   125   1 Reply

jancukers123

The total sales made within a given period of time:

The total sales made within a given period of time:

The total sales made within a given period of time:
 
  a. Cost
  b. Gross sales
  c. Mark-up
  d. Net Sales

netty123   151   2 Replies

netty123

The markup percentage for an item costing 6 and retailing at 24 is:

The markup percentage for an item costing 6 and retailing at 24 is:

The markup percentage for an item costing 6 and retailing at 24 is:
 
  a. 25
  b. 40
  c. 60
  d. 75

iLearn   148   1 Reply

curly

The markup percentage of an item costing 12 and retailing at 20 is:

The markup percentage of an item costing 12 and retailing at 20 is:

The markup percentage of an item costing 12 and retailing at 20 is:
 
  a. 25
  b. 40
  c. 60
  d. 75

Erika_plage   99   1 Reply

ysh

The markup percentage of an item costing 15 and retailing for 20.

The markup percentage of an item costing 15 and retailing for 20.

The markup percentage of an item costing 15 and retailing for 20.
 
  a. 25
  b. 40
  c. 60
  d. 75

poopsicle2   81   1 Reply

Amandeep

A markdown may be taken to do all but the following:

A markdown may be taken to do all but the following:

A markdown may be taken to do all but the following:
 
  a. Compete with other retailers
  b. Lower inventory levels
  c. Increase profitability on a single sku
  d. Lower sales of a single sku

cali721   61   1 Reply

schoolboy4367

The markdown percentage of an item with an original retail of 32 and the new retail of 24 is:

The markdown percentage of an item with an original retail of 32 and the new retail of 24 is:

The markdown percentage of an item with an original retail of 32 and the new retail of 24 is:
 
  a. 25
  b. 40
  c. 60
  d. 75

jrose123   62   1 Reply

alyssajordan47

The markdown percentage of an item with an original retail of 120 and the new retail of 72 is:

The markdown percentage of an item with an original retail of 120 and the new retail of 72 is:

The markdown percentage of an item with an original retail of 120 and the new retail of 72 is:
 
  a. 25
  b. 40
  c. 60
  d. 75

BJL   76   2 Replies

BJL

An example of a permanent markdown is:

An example of a permanent markdown is:

An example of a permanent markdown is:
 
  a. a buy one get one free advertisement.
  b. a weekend promotion
  c. an employee discount
  d. at the end of the season

kath4ever   68   1 Reply

bdayzee15

Typical reasons merchandise may become a slow seller is all BUT:

Typical reasons merchandise may become a slow seller is all BUT:

Typical reasons merchandise may become a slow seller is all BUT:
 
  a. Merchandise arrived late for the season
  b. Merchandise is in a low traffic area
  c. Poor assortment
  d. Typical weather

BJL   73   1 Reply

lawnmower635

The GMROII for a product with a gross margin of 50 and average inventory costs of 10 is:

The GMROII for a product with a gross margin of 50 and average inventory costs of 10 is:

The GMROII for a product with a gross margin of 50 and average inventory costs of 10 is:
 
  a. 2
  b. 4
  c. 5
  d. 7
  e. 9

poopsicle2   62   1 Reply

Cookie19

The number of products lined up on a shelf in front of a customer is called:

The number of products lined up on a shelf in front of a customer is called:

The number of products lined up on a shelf in front of a customer is called:
 
  a. Breadth
  b. Depth
  c. Facings
  d. Frontage

Bluetigerfrog89   70   1 Reply

schoolboy4367

A _______________ pricing strategy often causes large fluctuations in sales. (Fill in the blank)

A _______________ pricing strategy often causes large fluctuations in sales. (Fill in the blank)

A _______________ pricing strategy often causes large fluctuations in sales.
 
  Fill in the blank(s) with correct word

Necroshade57   86   1 Reply

rohitrus

This measure of inventory efficiency determines if there is enough products on the shelf until the ...

This measure of inventory efficiency determines if there is enough products on the shelf until the ...

This measure of inventory efficiency determines if there is enough products on the shelf until the next delivery.
 
  a. Capacity
  b. Days of supply
  c. Movement
  d. Shelf turns

Erika_plage   55   2 Replies

Erika_plage

The _______________ markup is the first markup placed on a product or SKU. (Fill in the blank)

The _______________ markup is the first markup placed on a product or SKU. (Fill in the blank)

The _______________ markup is the first markup placed on a product or SKU.
 
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Cris   65   1 Reply

Equals3

The _______________ markup is the aggregate markup on a single SKU. (Fill in the blank)

The _______________ markup is the aggregate markup on a single SKU. (Fill in the blank)

The _______________ markup is the aggregate markup on a single SKU.
 
  Fill in the blank(s) with correct word

Bluetigerfrog89   49   1 Reply

astriananathae

_______________ markup is the difference in the cost of the merchandise and the actual selling ...

_______________ markup is the difference in the cost of the merchandise and the actual selling ...

_______________ markup is the difference in the cost of the merchandise and the actual selling price.
 
  Fill in the blank(s) with correct word

leahwolfe221   65   1 Reply

niamhypop

_______________ is determined by adding the total markdown dollars for the period divided by the net ...

_______________ is determined by adding the total markdown dollars for the period divided by the net ...

_______________ is determined by adding the total markdown dollars for the period divided by the net sales for the period.
 
  Fill in the blank(s) with correct word

poopsicle2   78   1 Reply

curly

Retailers take _______________ so determine the lowest markdown possible at which a customer will ...

Retailers take _______________ so determine the lowest markdown possible at which a customer will ...

Retailers take _______________ so determine the lowest markdown possible at which a customer will buy a product.
 
  Fill in the blank(s) with correct word

Cperry768   73   1 Reply

rohitrus

Gross margin is _______________ minus _______________ costs minus _______________ costs plus ...

Gross margin is _______________ minus _______________ costs minus _______________ costs plus ...

Gross margin is _______________ minus _______________ costs minus _______________ costs plus _______________.
 
  Fill in the blank(s) with correct word

melanieringel18   91   2 Replies

melanieringel18

Which do you think is a better measure of productivity: sales per sq. ft or profit per sq. ft.? ...

Which do you think is a better measure of productivity: sales per sq. ft or profit per sq. ft.? ...

Which do you think is a better measure of productivity: sales per sq. ft or profit per sq. ft.? Explain.
 
  What will be an ideal response?

sidneybaker   66   1 Reply

zhixuan tan

Which is a better measure for shirts on shelves: sales per cubic ft. or sales per sq. ft? Why? ...

Which is a better measure for shirts on shelves: sales per cubic ft. or sales per sq. ft? Why? ...

Which is a better measure for shirts on shelves: sales per cubic ft. or sales per sq. ft? Why?
 
  What will be an ideal response?

asdfkla   75   1 Reply

bdayzee15

Which is more accurate for apparel on a four-way: sales per cubic ft. or sales per sq. ft? What ...

Which is more accurate for apparel on a four-way: sales per cubic ft. or sales per sq. ft? What ...

Which is more accurate for apparel on a four-way: sales per cubic ft. or sales per sq. ft?
 
  What will be an ideal response?

Shudson   60   1 Reply

el0psy0congroo

A flow of processes in which a product gains value.

A flow of processes in which a product gains value.

A flow of processes in which a product gains value.
 
  a. Consumer chain
  b. Product chain
  c. Supply chain
  d. Value chain

Masteryoshi   72   1 Reply

hock0904

Which of the following is NOT true in regard to the development of changes in the flow of processes: ...

Which of the following is NOT true in regard to the development of changes in the flow of processes: ...

Which of the following is NOT true in regard to the development of changes in the flow of processes:
 
  a. Competition within the retail industry
  b. Intense price competition
  c. Power of global retail giants
  d. Shrink

ilaydayolac   71   1 Reply

omgjordin

European retailers typically call a standard package such as a box, jar, can or bottle a ...

European retailers typically call a standard package such as a box, jar, can or bottle a ...

European retailers typically call a standard package such as a box, jar, can or bottle a _______________.
 
  Fill in the blank(s) with correct word

silverstar46   60   2 Replies

silverstar46

This initiative in retailing offers manufacturers a competitive advantage to reduce inventory ...

This initiative in retailing offers manufacturers a competitive advantage to reduce inventory ...

This initiative in retailing offers manufacturers a competitive advantage to reduce inventory levels, improve merchandise quality, increase worker productivity, increase stock turnover, and reduce merchandise markdowns:
 
  a. Collaboratio

melanieringel18   62   1 Reply

curly

The goal of efficient assortment is to:

The goal of efficient assortment is to:

The goal of efficient assortment is to:
 
  a. Increase the success rate of new products
  b. To streamline the distribution of goods
  c. To optimize the product mix and space allocation
  d. Reduce warehousing and distr

Bluetigerfrog89   90   1 Reply

omgjordin

This initiative was designed to increase the success rate of new products by gathering and sharing ...

This initiative was designed to increase the success rate of new products by gathering and sharing ...

This initiative was designed to increase the success rate of new products by gathering and sharing among trading partners more accurate purchasing data on a timely basis.
 
  a. Efficient assortment
  b. Efficient product introductio

Cris   67   1 Reply

bdayzee15