BUISENESS MANAGEMENT
MERCHANDISING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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All of the following are benefits of attending fashion events such as market weeks EXCEPT
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Gaining a sense of the market
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Networking with other buyers
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This is the only time they can place orders for new merchandise
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Getting special terms and purchases including lower prices
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Explanation:
Detailed explanation-1: -Women’s Wear Daily (WWD)-Often called the fashion bible, WWD is a leading authority for news and trends in the worlds of fashion, beauty and retail.
Detailed explanation-2: -Shoplifting Shoplifting occurs when a customer exits a store with more than what they paid for at the cashier. Shoplifting accounts for 38% of inventory shrinkage, and it surpassed employee theft as the leading cause of shrinkage in the 2016 National Retail Security Survey.
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