Buying

Which of the following is NOT true about buyers?

• They may work for chain stores, boutiques or departments.
• They may work individually or as a team.
• They work closely with designers and sales reps.
• They utilize fashion magazines and catalogues as their main resource for buying

Which of the following is NOT a factor when buyers consider what to order for the next season?

• Current trends
• Sales history
• Personal preferences
• Observations of groups of people

How far in advance do buyers make their orders for their store?

• 1 - 2 month
• 3- 5 months
• 6-12 months
• 15 - 18 months

Buyers spend no time on the sales floor of their store because they work exclusively in an office.

• True
• False

Which of the following are the correct steps in the buying process?

• Merchandise buying, merchandising selling, merchandising planning
• merchandise selling, merchandise planning, merchandise buying
• merchandise planning, merchandise buying, merchandise selling
• all are correct at various times

Which of the following is NOT part of the merchandising planning step?

• Create a financial plan
• Negotiate with garment suppliers.
• Estimate the various styles, colors and sizes to purchase.
• Analyze last year's results and trends.

Vendors are

• Designers
• Brands
• Private labels
• manufacturers and their reps

Walmart's Lands End is____.

• A private label
• A designer label
• A generic label
• A boutique label

Documents that contain sizes, colors ,delivery dates , cost and MSRP are called.

• spreadsheets
• asset sheets
• invoice sheets
• line sheets

In the retail world, the end of winter is

• Dec. 21
• Jan. 15
• Feb. 1
• Feb. 21