Ind 2.02 Merchandise Buying Plan Key Terms
Across
- 4. buying A method of buying for chain stores. Usually only buys one classification.
- 7. buying Buying for a specific department such as women's, men's, junior, etc.
- 8. cycle When planning, purchasing, and selling is achieved and then cycles into the next season.
- 9. plan A buying plan that projects the variety and quantity of specific stock-keeping units to be carried by a store or department to meet customer demands.
- 11. selling Non-personal promotional selling aimed at large general audiences.
- 12. keeping unit The smallest unit for which sales and stock records are kept.
Down
- 1. selling Personal interaction with the customer when exchanging merchandise for payment.
- 2. plans A plan that describes the types and quantities of merchandising to buy for their selling venues for a specific times period and for a set amount of money.
- 3. products Products that are sold separately but that are used together, each creating a demand for other items use to complement or accessorize.
- 5. shoppers Retail employees who check the merchandise assortments prices, ambiance, and service offered in competing and noncompeting stores.
- 6. breath The number of different categories or classifications of merchandise offered.
- 10. shortage A situation where demand for a product or service exceeds the available supply.