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DECA Practice Test

Retail Merchandising

Practice Test
      
  1.Each item in a unit control inventory system is assigned a number known as a(n)  
  a.   Universal Product Code (UPC)  
  b.   Universal Vendor Marketing (UVM)  
  c.   FIFO  
  d.   stockkeeping unit (sku)  
      
  2.Margaret’s Gifts offers free gift wrap for customers. This free service is considered a  
  a.   convenience product  
  b.   retailing method  
  c.   retail strategy  
  d.   supportive service  
      
  3.When stores participate in group buying they  
  a.   all shop at the same buying office  
  b.   buy from the same group of manufacturers  
  c.   pool their resources in order to qualify for volume discounts from manufacturers  
  d.   pool their resources to purchase a full line of merchandise  
      
  4.Many stores attach small devices to goods that will set off an alarm if they leave the store. These devices are known as  
  a.   shoplifting detection wafers  
  b.   thief catchers  
  c.   bait wafers  
  d.   ringseal tickets  
      
  5.Retail merchandise is often marked with a bar code, also known as the  
  a.   sku  
  b.   UPC  
  c.   UVM  
  d.   UPN  
      
  6.At the Lancome counter in Macy’s department store, the beauty products are stored in cabinets and drawers behind the counter. This stock is referred to as  
  a.   forward reserve stock  
  b.   forward stock  
  c.   reserve stock  
  d.   under-the-counter stock  
      
  7.If a store keeps all its inventory on the selling floor, all of its stock can be referred to as  
  a.   reserve stock  
  b.   under-the-counter stock  
  c.   forward stock  
  d.   impulse stock  
      
  8.Many manufacturers mark merchandise with a retail price at the factory. This process is known as  
  a.   premarking  
  b.   preretailing  
  c.   proxemics  
  d.   unit control  
      
  9.When retailers demand that manufacturers make goods within certain guidelines, they are engaging in  
  a.   specification buying  
  b.   preretailing  
  c.   proxemics  
  d.   a retailing strategy  
      
  10.Doreen was creating a window display with a scrim, which is the term for  
  a.   a window backing that covers the bottom half of the window  
  b.   a sheer fabric that can be used as a backdrop, often with a scene painted on it  
  c.   a decorative fabric used to create texture on surfaces to suggest a scene such as a beach  
  d.   a decorative border made of corrugated, brightly colored cardboard  

 

 
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