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Retail Marketing (Sales Specialist) Grade 3 | Merchandising Questions

1 / 100.0s

Problem 1 ・ Question 1 / 10

What is the basic aim of merchandising?

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It manages sales, profit and inventory together while meeting customer demand.

Problem 1 ・ Question 2 / 10

In a merchandise assortment, what does "breadth" refer to?

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Breadth is the number of categories; depth is the number of varieties and items within each.

Problem 1 ・ Question 3 / 10

What generally characterizes products classified as rank A in an ABC analysis?

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Important products with a high cumulative share are classified as A, with priority given to managing stockouts and inventory.

Problem 1 ・ Question 4 / 10

What does a high stock turnover generally indicate?

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Sales volume is high relative to stock, but the balance against stockouts also needs checking.

Problem 1 ・ Question 5 / 10

For an item selling at 1,000 yen with a purchase cost of 700 yen, what is the markup per unit?

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Markup is selling price minus cost, so 1,000 − 700 = 300 yen.

Problem 1 ・ Question 6 / 10

Which is an appropriate reason for marking prices down?

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Adjust the price before the season for demand passes, recovering the investment in stock and refreshing the sales floor.

Problem 1 ・ Question 7 / 10

What is the reorder point method?

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Replenishment is triggered at a reorder point that allows for demand during the lead time and for safety stock.

Problem 1 ・ Question 8 / 10

What is the main purpose of holding safety stock?

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It is a cushion against forecasting error and late delivery.

Problem 1 ・ Question 9 / 10

What is the main purpose of stocktaking?

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Physically checking quantity and condition confirms the accuracy of the stock records and the extent of loss.

Problem 1 ・ Question 10 / 10

Which is an appropriate way to manage expiry dates for food?

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First-in, first-out and checking dates prevent both waste and the sale of out-of-date goods.