2.02 Vocab Crossword

the number of different categories or classifications of merchandise offered
a buying plan that projects the variety and quantity of specific stock-keeping units to be carried by a store to meet customer demand
a plan that describes the types and quantities of merchandise to purchase for a store for a specific time period and amount of money
activity of purchasing only one category classification of merchandise. also called central buying
retail employees who check the merchandise assortments, prices, ambiance, and service offered in competing and noncompeting stores, as well as the advertising, knowledge,etc
item that accessorizes other basic products
activity of department store buyers who purchase merchandise for only their department
the exchange of merchandise to individual customers in return for money
reduction of the original retail price
a financial buying budget for planned stock, sales, and profit of a store for a six month period
vendor shipped items in a condition to be put directly on the retail shelf
non-personal promotion aimed at the public or a large general audience
difference between the previous selling price of an item and the reduced selling price
a circle of ongoing planning , buying, and selling
amount added to the cost of merchandise to determine selling price
the dollar or merchandise unit amount that buyers are permitted to order for their stores
merchandising executives who are responsible for selecting and purchasing goods for their companies and for selling the goods at a profit
when retailer submits definite specifications to a manufacturer about the quality of materials, workmanship, style, etc rather than looking for good already produced
smallest unit for which sales and stock are kept
difference between book inventory, according to records, and actual physical inventory
calculated number that shows dollar sales volume in relation to the dollar value of average inventory
number of times the average inventory on hand is sold and replaced in a given period