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DRIVE-
winter 2015
PROGRAM-
MBADS (SEM 3/SEM 5) MBAFLEX/ MBAN2 (SEM 3) PGDROMN (SEM 1)
SUBJECT
CODE & NAME- ML0011-Buying and Merchandising
Q1.
What is the concept of Merchandising and its principles? (Concept of
Merchandising, Principles of Merchandising) 2, 8
Answer:
Concept
of Merchandising
Merchandising is an
activity of promoting the sale of products at retail outlets by displaying the
same, distributing free samples where required, offering trials, demonstration,
and making several offers and schemes. Thus, broadly speaking, merchandising
includes practices such as physical
Q2.
What is Category Management and briefly explain its process. (Meaning of
Category Management, Explanation of process) 2, 8
Answer:
Category
Management
As the name implies,
category management is the process of managing a retail business on the basis
of merchandise category outputs rather than on the contribution of individual
brands or models. Under category management, retailer’s efforts (promotional, pricing
and
Q3.
Describe the steps in a Typical Buying Process of merchandise in detail.
(Explanation) 10
Answer:
Buying System for
Staple Merchandise
Staple merchandise
consists of the items that are regularly purchased, displayed and sold by the
retailers. For a grocery store, the staple merchandise wills
Q4.
Explain the different ethical and legal issues associated in Buying
Merchandise. (Ethical Issues, Business Issues) 5, 5
Answer:
The organized retail
sector in India is progressing by leaps and bounds thought have not been given
the ‘industry’ status. Given the thousands of transactions that
Q5.
What are the different steps involved in Vendor Selection Process. (Explanation
of different steps) 10
Answer:
Steps for Vendor
Selection: The
vendor selection process is complex and time consuming. Any mistake made during
the vendor selection process could harm the
Q6.
Explain the factors affecting market supply of a commodity. (Meaning of Market
supply, Explanation of factors) 10
Answer:
Market
supply
Supply is the quantity
of a good or service that a producer is willing and able to supply onto the
market at a given price in a given time period.
Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs 125/subject and rs 700/semester only.
if urgent then call us
on 08791490301, 08273413412
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