Terms We Should Know
The act or process of fulfilling a function
Performance
The systematic counting of all merchandise owned at the actual owned price or the price as marked on the price ticket or price list.
Inventory
What is Felicia's favorite color?
ORANGE!
The ability to declare in advance
Predictability
Insignificant, trifling
Nominal
The policy of automatically marking down merchandise according to season.
Currency
"Deadline" for paying for goods. Numbering of days available to pay. Usually associated with a cash discount.
Dating
A subtle distinction, a slight difference in definition
Nuance
An eight-digit number which identifies a particular style, size, and color to the merchandise information system.
SKU
Merchandise which is unsellable at any price because of damage and is removed from stock.
Mark-Out
Having highest rank; outstanding
Preeminent
What time does Felicia get up to workout?
5:00am