Show:
POS
Profit
Inventory
Market
Goods
100
Process of gathering and analyzing data.
What is Market Research?
100
Information collected for the first time to analyze data.
What is Primary Data?
100
Breaking down a larger target market into small segments.
What is Market Segmentation?
100
A document that describes all aspects of a business.
What is a Business Plan?
100
A map that shows where each piece of merchandise should be located within the store.
What is a Plan-o-Gram?
200
The beliefs a business has about how it should be operated.
What is a Business Philosophy?
200
A document that visually shows the jobs within a company as well as the lines of authority within the business.
What is an Organizational Chart?
200
The money needed to finance a business's operations.
What is Capital?
200
A written statement that defines the particular requirements of a job.
What is a Job Description?
200
Consists of all of the products that a business sells.
What is Merchandise Mix?
300
The amount of goods stored by a business.
What is Inventory?
300
The difference between the cost of a product and its selling price.
What is Mark-up?
300
A method of tracking inventory on a constant basis.
What is Perpetual Inventory?
300
An ATM card that can be used like a credit card.
What is a Debit Card?
300
General statements of intent about how to run your school store.
What are Policies?
400
A form used to complete a customer's request of products not in stock.
What is want slip system?
400
Periodic temporary exhibits.
What is a trade show?
400
Information that has already been collected.
What is secondary data?
400
The geographic area in which a business is located.
What is trading area?
400
Outline of the process to be used to hire employees.
What is a hiring plan?
500
Includes planned sales and planned purchases.
What is Merchandise plan?
500
A group of closely related products that a business sells.
What is a product line?
500
A form used by a business to record all merchandise that a business received.
What is receiving record?
500
Occurs when the physical count is less than the perpetual count in an inventory system.
What is shrink?
500
Notifies the business that its account has been credited for returned merchandise.
What is a credit memorandum?