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Worksheets2.01 Distribution Role/2.02 Buying Plans
Total questions: 20
Worksheet time: 10mins
Name
Class
Date
1.
What is the channel of distribution?
a)
The path a product takes from producer or manufacturer to the final user.
b)
Provides saturation coverage of the market.
c)
Using a limited number of outlets in a geographical area to sell products.
2.
What is Selective distribution?
a)
Extreme form of selective distribution in which only one wholesaler, retailer or distributor is used in a specific geographical area.
b)
Provide saturation coverage of the market by using all available outlets.
c)
Involves a producer using a limited number of outlets in a geographical area to sell products.
3.
Who does agents bring together?
a)
Consumers and Managers
b)
Buyers and sellers
c)
None of the above
4.
Agents do not own the goods they sell.
a)
True
b)
False
5.
What are the services provided by Retailers?
a)
Sell goods to the final consumer for personal use
b)
Buy goods from the consumer
c)
Give away consumer goods
d)
None of the above
6.
Physical distribution is…Organizing and moving products through the channels
a)
False
b)
True
7.
What is the function of a transportation company?
a)
Stores imported products until duties have been paid
b)
Store merchandise until the retailers place their order
c)
Help move small packages from A to B
8.
Which is not a method of handling inventory?
a)
Blind check method Direct check method
Harry Potter books are held until the retailers place their order
Harry Potter books are held until the retailers place their order
b)
Blind check method
Direct check method
Spot check method
Quality check method
Direct check method
Spot check method
Quality check method
9.
When each item of inventory is counted, it is called?
a)
Physical
b)
Perpetual
c)
Both A and B
d)
None of the above
10.
Electronically restocking items as they are sold is called?
a)
Physical
b)
Perpetual
c)
None of the above
d)
Both A and B
11.
Fashion Buyers are
responsible for making sure the merchandise that consumers want is available in stores.
responsible for making sure the merchandise that consumers want is available in stores.
a)
True
b)
False
12.
How many months in advance do fashion buyers predict what consumers want before the goods reach the stores?
a)
3 months
b)
2 months
c)
6 months
13.
Number of times the inventory is sold and replaced in a given period, how fast the merchandise goes in and out of the store is called?
a)
Stock Turnover
b)
Open-to-Buy
c)
Stock-to-Sales Ratio
14.
Where do retailer buyers go to meet with a large number of vendors to compare merchandise and try to get the lowest prices?
a)
Retailer Convention
b)
Trade Store
c)
Business Meeting
d)
Market
15.
What is presented during market weeks?
a)
Educational Seminars
b)
Exhibits
c)
Fashion Shows
16.
Periodic, temporary exhibits that are scheduled throughout the year in various trading centers are called?
a)
Trade Shows
b)
Market Week
c)
Fashion Shows
d)
Resident Buying Offices
17.
Which one is External information?
a)
Past Sales Records
Salespeople
Want Slips
Consumer Opinions and Behavior
Salespeople
Want Slips
Consumer Opinions and Behavior
b)
Vendors
Trade Information
Comparison Shoppers
Resident Buying Offices
Trade Information
Comparison Shoppers
Resident Buying Offices
18.
Tells the buyers not only the quantities of specific styles soled, but also the sizes and colors.
a)
Vendor Information
b)
Market Week
c)
Sales Records
19.
Set figure for a specific time, beginning of the month is an example of ?
a)
Stock-to-Sales Ratio
b)
Market Week
c)
Open-to-buy
d)
Stock turnover
20.
What is the 2.02 Fashion Merchandising Objective?
a)
Customer Services
b)
Fashion Forecasting
c)
Progression of Fashion
d)
Planning to Buy
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