Retail merchandising exam - Study guides, Class notes & Summaries

DECA MARKETING CLUSTER EXAM | COMPLETE QUESTIONS & WITH VERIFIED SOLUTIONS | 100% CORRECT Exclusive Distribution - Situation where suppliers and distributors enter into an exclusive agreement that only allows the named distributor to sell a specific product. Electronic Data Interchange (EDI) Systems - The electronic interchange of business information using a standardized format; a process which allows one company to send information to another company electronically rather than wit...

CPCA Exam Questions With Complete Solutions 100% Solved Is the acronym ACV the total sales volume reported for a store or group of stores- Yes or No? Yes Is a consumer the person who buys the product-yes or no? No Does referring to a product as incremental mean the the product is unavailable at the shelf or point of purchase- yes or no? No Which of the following is not a specific trend in category management? A. Industry consolidation B. the use of shopper insights C. Reliance on fr...

CPCA Exam Questions With Complete Solutions 100% Solved Is the acronym ACV the total sales volume reported for a store or group of stores- Yes or No? Yes Is a consumer the person who buys the product-yes or no? No Does referring to a product as incremental mean the the product is unavailable at the shelf or point of purchase- yes or no? No Which of the following is not a specific trend in category management? A. Industry consolidation B. the use of shopper insights C. Reliance on fr...

Fashion Merchandising Final Exam Review And all solutions verified Fashion Merchandising Product Fashion Designer Design stylist/copyist Sketchers Retail Buyer Visual Merchandising Advertising Entreprenuer Fashion movement Fashion Trickle-down theory Trickle-up theory Trickle-across theory Fashion Cycle

DECA Buying and Merchandising Exam - Q & A Floor Ready Merchandise Negotiated agreement to packaging, folding, hanging, ticketing, merchandise, so that it is ready for the selling floor Control Measuring actual performance against goals and reacting to any deviations Anticipation Additional discount for paying invoice prior to cash discount period Initial Markup Markup added to the cost to establish the first retail price Cumulative Discount Discount that applies to orders placed over a period...

AAMI Accounting 2 Final Exam Prediction 2024. The concept that prices rise over time - ANSWER Inflation Another term for sales - ANSWER Revenue Sales - Cost of Goods Sold - ANSWER Gross Profit In an inflationary period what method of inventory valuation would lower profits - ANSWER LIFO In an inflationary period what method of inventory valuation would increase profits - ANSWER FIFO In a deflationary period what method of inventory valuation would lower profits - ANSWER FIFO I...

Financial Accounting Exam 2 Questions With Correct Answers Inventory - answerMerchandise that the company intends to sell to its customers Merchandising Companies - answerCompanies that sell, but not manufacture, merchandise to customers; wholesale and retail companies such as Wal-Mart, Nieman Marcus Manufacturing Companies - answerCreate merchandise from underlying raw materials; Exxon and Boeing Service Companies - answerProvide services to customers; law firms, consulting companies Tr...

CPCA Practice Exam Questions With 100% Correct Answers all of the above (panel data) - answerwhich of the following measures in panel data affect sales volume for a category? # of buyers and $/purchase HH penetration and volume per buyer HH penetration and buying rate All of these answers are correct warehouse shipment data - answerWhich of the following data sources is the least useful when completing product assortment analysis? To identify the total value of all items included in th...

1- Category management CPCA Practice Exam Questions With 100% Correct Answers What are 3 business measures to be attached to any data source? - answerProduct, geography, time period. All data should be cited. Where should destination categories be placed in store and why? - answerWhere the retailer wants shoppers to go. Force them to pass buy impulse categories on the way, helping to drive higher margin impulse buys. A high % of retailer resources are allocated to categories with this ro...

WGU D196 Exam Questions and Answers | Latest Update Graded A+ 2023/2024. For purposes of cash flow classification in the statement of cash flows, which item is an operating activity? Distributing dividends Paying employees Buying equipment 7 / 11 Selling bonds ANS Paying employees 16. How does a classified balance sheet provide useful information to a decision maker? It distinguishes between current and long-term assets. It provides data that are not publicly disclosed. It provides da...