Chapters 1-9 Study Puzzle

4. The number of times inventory is sold and replenished in a year.
7. The number of different product lines carried.
8. An economic indicator that measures changes in the cost of living due to inflation.
9. The various activities retailers are engaged in as they attempt to satisfy customers.
12. The difference between a country's imports and exports over a period of time.
15. The reduction in the value of stock due to employee theft, shoplifting, and human error.
17. Determines the degree of competition in a trading area by calculating the total square feet of selling space devoted to each product line.
18. A period during which there is less money in the economy than previously.
20. Two or more supply chain members are owned by the same company.
21. Anxiety that occurs when people have mixed feelings or beliefs.
23. Companies enter each new country one after the other.
24. Lists a company's strengths, weaknesses, opportunities, and threats to determine future direction.

1. A cyclical pattern of retail evolution consisting of three phases: entry, trading up, and vulnerability.
2. The number of similar styles in each product line.
3. The amount of money a family has available for purchases after taxes.
5. The geographic area from which a retailer draws its customers.
6. The unique characteristics that may give a business or product a superior position in the marketplace.
10. Classification of people on the basis of their lifestyles, activities, interests, and opinions.
11. The difference between net sales and the cost of merchandise sold, expressed as a percentage.
13. A contractual arrangement where someone agrees to own and operate a business while following brand standards of the host company.
14. Exporting goods priced lower than the same goods manufactured in the country that imports the merchandise.
15. All of the businesses involved throughout the marketing channel.
16. Companies enter several countries at the same time.
19. Increasing the number of visitors to a site by increasing the site's ranking.
22. An alliance that promotes trade among the United States, Canada, and Mexico.