Fashion Merchandising Exam Review

Question 1

resources used in fashion forecasting

Accepted Answer

tradeshows, books, blogs, social media

Question 2

dollar unit amount buyers are permitted to order for their stores for a specific time period

Accepted Answer

open to buy

Question 3

price market category that is custom made for an expensive price

Accepted Answer

couture

Question 4

a seminar on personal grooming, makeup, proper dress, or do's and don't's of fashion

Accepted Answer

personal improvement session

Question 5

people who work in this industry design and develop finished goods

Accepted Answer

apparel

Question 6

shelves, tables, rods, counters, forms, and platforms

Accepted Answer

fixtures

Question 7

people in this industry develop cloth or other woven materials

Accepted Answer

textiles

Question 8

The belief that fashion begins in the upper levels of society

Accepted Answer

trickle down

Question 9

a list that analyzes a company's strengths, weaknesses, opportunities, and threats

Accepted Answer

SWOT analysis

Question 10

suggestive selling of multiple of the same or similar items

Accepted Answer

more-than-one selling

Question 11

the amount added to the cost of merchandise to determine selling price

Accepted Answer

markup

Question 12

preventing possible issues by being aware of the surrounding customers and mitigating the issue

Accepted Answer

proactive

Question 13

orders that promise to buy from favored vendors with no specific details

Accepted Answer

blanket order

Question 14

direction of color, texture, style, or silhouette in fashion

Accepted Answer

trend

Question 15

physical characteristic of a product

Accepted Answer

feature

Question 16

a business organization that is owned by shareholders

Accepted Answer

corporation

Question 17

the preference of people to stay at home rather than going out

Accepted Answer

cocooning

Question 18

suggestion of a higher-priced, better quality merch to customers

Accepted Answer

trading up

Question 19

intermediaries who assist in the sale of goods but never take ownership

Accepted Answer

agents

Question 20

theatrical presentation of apparel on live models

Accepted Answer

fashion shows

Question 21

fashion that remains popular over an extended period of time

Accepted Answer

classic

Question 22

customers that know exactly what they want

Accepted Answer

decided

Question 23

a person/company who makes goods for sale

Accepted Answer

manufacturers

Question 24

doubling the cost of a product in order to determine selling price

Accepted Answer

keystone markup

Question 25

psychological pricing strategy that usually ends in .99

Accepted Answer

odd figure pricing

Fashion Merchandising Exam Review

Questions 25

Fashion Merchandising Exam Review

Questions 25