MDSE 2490 Test #4
"stealing" a product to re-sell it for cheaper - ANS-"boost" product
1. sales reps/showrooms/market center (DMC)
2.internal selling (private labels)
3.corporate selling - ANS-3 ways wholesale works
4-5 woman and children's
3-5 men's
2-5 shoes
can overlap, during major they are all open - ANS-market weeks
a building that houses thousands of showrooms for a specific merchandise category (Dallas
market center) - ANS-mart
an agreement between a buyer and a seller about
-payment for merchandise
-delivered
-reorder capabilities
-promotional discounts - ANS-terms of sale
An independent retailer's service organization usually located in the major city of a foreign
market area, buyers but smaller - ANS-commissionaire (middle man)
Arizona for JCP, it is a private label that is exclusive to retailer. Just cause designed in house
does not mean buyers will manufacturer it. - ANS-internal selling of private labels
Bill of Materials
document that shows an inclusive listing of amount (the bill) - ANS-BOM
brands largest store locations - ANS-flagship store
buy foreign goods then sell to retailers, not heard of much anymore b/c companies have gotten
bigger - ANS-American importers
central location, 3rd largest
known for western wear & southwest inspired (fossil, pier 1, container store) - ANS-DMC
cities that are headquarters of major fashion brands, showrooms and trade shows (NY, LA,
Dallas, Miami) (Paris, Milan, Tokyo, Hong Kong, London) - ANS-market centers
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller AnswersCOM. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R149,69. You're not tied to anything after your purchase.
