Unit 2- Fashion Merchandising

Front

Which aspect of global trade refers to a country's purchasing power, standard of living, and relative cost of doing business?

Back

Economic climate

Front

In which cities are the major fashion centers for the United States located? Options: Dallas, Los Angeles, and New York; Raleigh, Miami, and Charleston; San Francisco, Atlanta, and Chicago; Winston-Salem, Burlington, and Dallas

Back

Dallas, Los Angeles, and New York

Front

Which is an example of a manager of a retail store using internal data for merchandise planning?

Back

Reviews past sales records to see what merchandise sold the best

Front

What is the route products take from producer to end user?

Back

channel of distribution

Front

A local boutique is planning for the prom season in six months. Which type of purchase order should be used?

Back

advanced order

Front

Which aspect of global trade examines the relationship between a country's exports and imports and is usually expressed as a surplus or deficit?

Back

balance of trade

Front

The United States exercises the right of levying a tariff to meet the expenditures of its imported goods, which is called a/an

Back

tax

Front

If the United States levies taxes on goods coming into it, which taxes are charged?

Back

tariffs

Front

Elizabeth makes a log entry about a new brand of jeans that customers continue to request that are unavailable at the store. This describes which type of internal data source?

Back

want books

Front

HanesBrands undershirts can be found in stores such as Target, JCPenny, Macy's, and Wal-Mart department stores. Which distribution strategy are they using?

Back

intensive