Types of Intermediary
Belk is a company that sells products to end users. Which type of intermediary is Belk?
A. Consumer
B. Manufacturer
C. Retailer
D. Wholesaler
C. Retailer
Greens Store orders ‘Life is Good’ t-shirts every month. Which type of purchase order should they use for the upcoming month?
A. Advance orders
B. Backorders
C. Regular order
D. Reorders
C. Regular Order
Which type of buying office is owned by a group of similar stores located in non-competing geographic locations?
A. Associated offices
B. Merchandise brokers
C. Salaried offices
D. Syndicated offices
A. Associated Offices
Macy’s hires decorators to create window displays during the Christmas season. The decorators only decorate for large, upscale department stores. Which type of distribution strategy is being used?
A. Exclusive
B. Industrial
C. Intensive
D. Selective
D. Selective
Amy purchases a cashmere sweater to give to her mother for Christmas. What is Amy’s role?
A. Consumer
B. Customer
C. Producer
D. Wholesaler
B. Customer
Concord Mills shopping mall contains discount stores such as Bass and Manhattan Shirts. Since these stores are manufacturer-owned and operated, which type of retailer is available?
A. Boutiques
B. Department stores
C. Factory outlets
D. Franchises
C. Factory Outlets
In which cities are the major fashion centers for the United States located?
A. Dallas, Los Angeles, and New York
B. Raleigh, Miami, and Charleston
C. San Francisco, Atlanta, and Chicago
D. Winston-Salem, Burlington, and Dallas
A. Dallas, Los Angeles, and New York
Mario’s Boots needs to order a shipment of popular cowboy boots, hats, and gear. It should order from which domestic fashion market?
A. Dallas
B. New York
C. Atlanta
D. Italy
A. Dallas
What is the route products take from producer to end user?
A. Apparel marts
B. Channel of distribution
C. Textile process
D. Trade associations chain
B. Channel of distribution
Tia and Lauren own a bridal boutique. They are assisting a bride with selecting a dress. Since they are able to provide her with personalized information and assistance, which type of internal data source is being used?
A. Company merchandising bureaus
B. Salespeople
C. Sales records
D. Want books
B. Salespeople
Deborah plans to only purchase Hunter rain boots over the next three years to sell in her boutique. She will provide the assortment of boots needed at a later time. Deborah is using which type of purchase order?
A. Advance order
B. Back order
C. Blanket order
D. Open order
C. Blanket Order
Felisha wants to purchase a custom wedding dress. Which type of purchase order should be used?
A. Approval buying
B. Blanket order
C. Open order
D. Special order
D. Special Order
Molly is planning a trip to a regional apparel mart. She appreciates the options of visiting several vendors. Which is an advantage of attending a regional apparel mart?
A. Few resident buying offices
B. Lack of unusual items
C. Numerous showrooms under one roof
D. Limited special purchased goods
C. Numerous showrooms under one roof
TOMS shoes are only available through the company’s e-tailing store and a few brick and mortar stores. Which distribution strategy is it using?
A. Exclusive
B. Intensive
C. Regulated
D. Selective
D. Selective
Which is an example of assortment depth?
A. Alex’s Boutique carries many different types of men’s suits.
B. A women’s boutique is known for its selection of accessories and clothing.
C. Bloomingdale’s department store offers many different types, brands, and price ranges of dresses.
D. A fashion retailer carries many dresses in a large range of sizes and colors.
D. A fashion retailer carries many dresses in a large range of sizes and colors.
Locally-owned stores with a limited assortment of apparel, housewares, gifts, and household textiles are which type of retailer?
A. Discount stores
B. Junior department stores
C. Off-price discounters
D. Wholesale warehouse clubs
B. Junior department stores
A local boutique is planning for the prom season in six months. Which type of purchase order should be used?
A. Advanced order
B. Back order
C. Regular order
D. Reorder
A. Advanced Order
A fashion merchandising class wants to plan a field trip to visit the headquarters of large retail chain stores. Which domestic fashion market should they plan to visit?
A. Charlotte
B. Chicago
C. Denver
D. Seattle
B. Chicago
HanesBrands undershirts can be found in stores such as Target, JCPenney, Macy’s, and Wal-Mart department stores. Which distribution strategy are they using?
A. Exclusive
B. Industrial
C. Intensive
D. Selective
C. Intensive
Which type of fashion retailer offers a high level of customer service, fashion-forward merchandise, and targets special-interest customers?
A. Boutique
B. Department store
C. Discount store
D. Flagship store
A. Boutique
Which is an example of a manager of a retail store using internal data for merchandise planning?
A. Reviews past sales records to see what merchandise sold the best
B. Calls vendors to get product information
C. Uses information from trade associations for merchandise planning
D. Hires resident buying offices to assist with merchandise planning
A. Reviews past sales records to see what merchandise sold the best
Saks Fifth Avenue ordered 500 dresses, but only 300 were delivered. In order to get the remaining 200, the manager should use which type of purchase order?
A. Advance order
B. Backorder
C. Regular order
D. Reorder
B. Backorder
Which responsibility is the role of a retail buyer?
A. Designing visual displays for the upcoming season
B Selecting merchandise assortments that will best serve customers and earn a profit
C .Assisting customers with product selection
D. Supervising sales associates and assisting them in setting store goals
B. Selecting merchandise assortments that will best serve customers and earn a profit
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?
A. Company merchandising bureaus
B. Salespeople
C. Sales records
D. Want books
D. Want Books
Iris is responsible for planning and purchasing goods for a department store. Part of her responsibilities include keeping track of the economic trends and consumer behavior data. Iris’s job would best be described as:
A. sales associate.
B. visual merchandiser.
C. buyer.
D. manager
C. Buyer