BUISENESS MANAGEMENT
MERCHANDISING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It could threaten apparel goods that are produced domestically.
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It could lead to domestic manufacturers going out of business.
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It could mean lower prices for customers purchasing clothing that was made in another country
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It could lead to none of these things
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It could lead to all of these things.
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Detailed explanation-1: -If that happens too much, what can happen? A It could threaten apparel goods that are produced domestically.
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.
Detailed explanation-3: -Merchandiser is the BRIDGE between the industry and the buyer. He have to look after every job like buying the raw material which is required to finish the product, making the garment, finishing the garment, documentation, finally shipping. He is the responsible person to make the product.
Detailed explanation-4: -Fashion merchandisers may work within retail operations as buyers who select product lines and create promotions to enhance both brand and market share. Others work directly for designers and fashion labels placing products in stores, finding shelf space, and managing marketing and promotions.
Detailed explanation-5: -Purchasing power parity (PPP) allows for economists to compare economic productivity and standards of living between countries.