Business of Retail Ch. 3 Marketing & Merchandising

Flashcard
•
Business
•
11th - 12th Grade
•
Medium
Wayground Content
Used 1+ times
FREE Resource
Student preview

13 questions
Show all answers
1.
FLASHCARD QUESTION
Front
While the season is changing from summer to back to school, a manager asks a sales associate for ideas on a sales strategy that will help clear out the remaining summer merchandise. Which of the following strategies is most likely to help reach this goal? Options: Introduce an employee incentive plan for the salesperson who sells the most summer apparel that week, Suggest shipping the summer merchandise to an outlet store to make room for the spring line, Put up signs throughout the store stating that all summer merchandise is ”while supplies last”, Reduce pricing on summer apparel by 60% or more and add incentives for purchasing sunscreen, bathing suits, and tank tops
Back
Reduce pricing on summer apparel by 60% or more and add incentives for purchasing sunscreen, bathing suits, and tank tops
2.
FLASHCARD QUESTION
Front
Your store is running a promotion on pickles. They have created an end-cap display. A customer accidentally runs into the display with their shopping cart and many bottles of pickles fall and break. You see the mess as you walk by. What’s the best next step for the sales associate?
Back
Check on the shopper to ensure they are unharmed and direct traffic away from the area until it can be cleaned up
3.
FLASHCARD QUESTION
Front
What should a store do with their 4th of July merchandise on the 5th of July?
Back
Mark down the merchandise.
4.
FLASHCARD QUESTION
Front
Sharon is a sales associate and recently changed the arrangement of merchandise on the sales floor and would like to determine whether the new setup is helping sales. Which is the best way for Sharon to accomplish this?
Back
Pull sales reports from before and after the merchandising change and compare the associated sales figures.
5.
FLASHCARD QUESTION
Front
__________________ is not an example of a suggestive selling technique
Back
A messy display of tank tops
6.
FLASHCARD QUESTION
Front
A shoe store is selling sandals, and a sales associate notices that a nearby department store is running a sale on sandals for the same price. What is the best strategy the associate can use to make sure the shoe store’s sandals sell? Options: Use approved signage that advertises the sandals as the store’s “Everyday low price.”, Check the competitor’s website for policies and additional service offerings, Visit the competitor’s store to view their merchandise displays and prepare similar displays in order to increase visibility of the merchandise, Discount the shoe store’s selection of sandals by 10% to ensure the store is offering the lowest price
Back
Use approved signage that advertises the sandals as the store’s “Everyday low price.”
7.
FLASHCARD QUESTION
Front
_____________ is the action of promoting and selling products and services through advertising, space management, and product branding
Back
Marketing
Create a free account and access millions of resources
Similar Resources on Wayground
8 questions
COSEM - MERCH&DICE: Rolling Out The Runway

Flashcard
•
University
15 questions
College Application

Flashcard
•
11th Grade
15 questions
College Trivia! (questions that will be on the final exam)

Flashcard
•
11th - 12th Grade
10 questions
Business of Retail Practice Exam #1 - KT

Flashcard
•
11th Grade
7 questions
S2, S1: Retail Buyer and Strategic Planning Vocab

Flashcard
•
11th Grade
15 questions
Capacity to Contract

Flashcard
•
11th - 12th Grade
10 questions
Business of Retail - Unit 3

Flashcard
•
9th - 12th Grade
11 questions
Cold War

Flashcard
•
11th Grade
Popular Resources on Wayground
10 questions
Lab Safety Procedures and Guidelines

Interactive video
•
6th - 10th Grade
10 questions
Nouns, nouns, nouns

Quiz
•
3rd Grade
10 questions
9/11 Experience and Reflections

Interactive video
•
10th - 12th Grade
25 questions
Multiplication Facts

Quiz
•
5th Grade
11 questions
All about me

Quiz
•
Professional Development
22 questions
Adding Integers

Quiz
•
6th Grade
15 questions
Subtracting Integers

Quiz
•
7th Grade
9 questions
Tips & Tricks

Lesson
•
6th - 8th Grade