Questions from Retail Management

Q: Describe and evaluate the merchandising philosophy of your favorite online retailer.

Describe and evaluate the merchandising philosophy of your favorite online retailer.

Q: What is the distinction between merchandising functions and the buying function?

What is the distinction between merchandising functions and the buying function?

Q: Is micromerchandising a good approach? Why or why not?

Is micromerchandising a good approach? Why or why not?

Q: Distinguish among these auditors. Under what circumstances would each be preferred

Distinguish among these auditors. Under what circumstances would each be preferred? a. Outside auditor b. Company audit specialist c. Company department manager

Q: What are the advantages and disadvantages of a centralized buying organization?

What are the advantages and disadvantages of a centralized buying organization?

Q: Interview a local store owner and determine how he or she makes

Interview a local store owner and determine how he or she makes merchandise decisions. Evaluate that approach.

Q: How could a convenience store use a basic stock list, a

How could a convenience store use a basic stock list, a model stock plan, and a never-out list?

Q: Under what circumstances could a retailer carry a wide range of merchandise

Under what circumstances could a retailer carry a wide range of merchandise quality without hurting its image? When should the quality of merchandise carried be quite narrow?

Q: How could a major appliance repair service use the product life-

How could a major appliance repair service use the product life-cycle concept?

Q: What are the trade-offs in a retailer’s deciding how much

What are the trade-offs in a retailer’s deciding how much to emphasize private brands rather than manufacturer brands?