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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 on theme: "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."— Presentation transcript:

1 November 18 th

2 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

3 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

4 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

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the biggest shopping day of the year b. The day before Thanksgiving c. Is starting later this year d. Has been replaced by Cyber-Monday

6 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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