In retailing, internal theft is the Number One cause of what?
What is Shrinkage?
100
This persons primary job is to manage the hiring process for potential employees.
Who is the HR Manager?
100
E-Tailing is what?
What is an online retail shop?
100
This was the earliest form of retailing
What is the trading post?
100
Research data come from these two sources...
What is Primary and Secondary Data?
200
The electronic data interchange, also known as the EDI is used in retail for what?
What is managing Inventory?
200
This Legislation enacted by the federal government in 1962 guarantees men and women of all races are awarded the same salary for the same job.
What is The Equal Pay Act?
200
Brick-and-Morters who also have an online store are called?
What is a brick-and-click?
200
Early settlers relied on who, to bring them their goods and news from the city.
Who is the Peddler?
200
Obtaining information through private research organizations is what kind of data gathering?
What is secondary data?
300
This sort of merchandise receiving is ideal for boutiques and small retailers.
What is In-House-Receiving?
300
Hiring from within is considered as what type of recruitment source?
What is Internal Recruitment?
300
Inability to physically examine the product is the number one what, of e-tailing.
What an online shopping disadvantage.?
300
These stores were a result of American family moving to the suburbs after WWII.
What is a Branch Store?
300
This well known acronym is a structured planning method used to evaluate the strengths, weaknesses, opportunities and threats involved in a project or in a business venture.
What is a S.W.A.T analysis?
400
Cost reduction and better control of goods are benefits of what kind of merchandise receiving?
What is Centralized receiving?
400
When a company advertises a job in the newspaper but doesn't indulge their business information, this is considered a what?
What is a Blind Add?
400
Lookbooks are one way that online shops have incorporated this old school sales method into their websites.
What is a catalog?
400
These markets have their roots in swap meets where people bartered their own unwanted household items.
What is a Flea Market?
400
Because of the cost effectiveness and immediate gathering of information, these will be the first research choice of merchants of all kinds.
What are Focus Groups?
500
On average, retailers lose 3% of sales due to what?
What is shoplifting?
500
With some lower level employment retailers hire these agencies to do the screening and job placement for them.
What is a staffing agency?
500
In 2002 10% of sales online involved what?
What is Fraudulent activity?
500
During the Industrial Revolution what two important retail concepts emerged?
What is a Specialty Shop and a Department Store
500
Mary sat outside her store on a busy Friday evening after she closed up shop for the day. She recorded how many people and cars passed by over a 60 min period in order to determine weather or not she should extend her store hours. Mary's data gathering is what form of primary data?