November 18 th. 1. To overcome dollar constraints on their inventory levels, some retailers become involved in: a. Open-to-buy expansion b. Space reduction.

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Presentation transcript:

November 18 th

1. To overcome dollar constraints on their inventory levels, some retailers become involved in: a. Open-to-buy expansion b. Space reduction c. Buying on consignment d. Renting space from vendors e. Reducing retail gravity models

2. Which of the following would be most likely to have the least amount of breadth? a. Wal-Mart b. Macy’s c. 7-Eleven d. Rite-Aid e. Albertson’s

3. Vendors who carry outstanding lines but don’t currently sell to you would be classified as ____ vendors a. Class A b. Class B c. Class C d. Class D e. Class E

4. Black Friday? a. Is traditionally the biggest shopping day of the year b. The day before Thanksgiving c. Is starting later this year d. Has been replaced by Cyber-Monday

5. The Maersk Alabama a cargo ship sailing under a US flag was attacked for the second time in 7 months by a. Pirates b. Dracula c. A giant Squid d. Stage Fright

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