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New Fashion Merchandising 2.03 - 2.04
Test Description: New Fashion Merchandising 2.03 - 2.04
Instructions: Answer all questions to get your test result.
1) Anthony promises a local manufacturer that he will purchase golf polos from only them. He will provide details regarding colors, sizes and quantity at a later date. Which type of purchase order should be used?
A
Open orders
B
Blanket orders
C
Back orders
D
Advance orders
2) A fashion merchandising class wants to plan a field trip to visit the headquarters of large retail chain stores. Which domestic fashion market should they plan to visit?
A
Mt. View
B
Denver
C
Charlotte
D
Chicago
3) Greens Store orders ‘Life is Good’ t-shirts every month. Which type of purchase order should they use for the upcoming month?
A
open orders
B
regular orders
C
advance orders
D
back orders
4) In which cities are the major fashion centers for the United States located?
A
San Francisco, Atlanta, and Chicago
B
Dallas, Los Angeles, and New York
C
Raleigh, Miami, and Charleston
D
Winston-Salem, Burlington, and Dallas
5) Saks Fifth Avenue ordered 500 dresses, but only 300 were delivered. In order to get the remaining 200, the manager should use which type of purchase order?
A
advance orders
B
reorders
C
regular orders
D
back orders
6) A local boutique is planning for the prom season in six months. Which type of purchase order should be used?
A
back orders
B
reorders
C
regular orders
D
advance orders
7) Which type of buying office is owned by a group of similar stores located in non-competing geographic locations?
A
Merchandise brokers
B
Associated offices
C
Salaried offices
D
Syndicated offices
8) Felisha wants to purchase a custom wedding dress. Which type of purchase order should be used?
A
Open order
B
Approval buying
C
Special order
D
Blanket order
9) Iris is responsible for planning and purchasing goods for a department store. Part of her responsibilities include keeping track of the economic trends and consumer behavior data. Iris’s job would best be described as:
A
buyer.
B
sales associate.
C
manager.
D
visual merchandiser.
10) Jim is an interior designer for a home furnishings store in the Southeast. He needs to purchase floor coverings for the upcoming season. Which domestic fashion market center should he visit?
A
Hickory
B
New York
C
Bugtussle
D
Atlanta
11) What is the relationship between the values of a country’s imports and exports?
A
Trade surplus
B
Offshore production
C
Protectionism
D
Balance of trade
12) Which aspect of global trade examines the relationship between a country’s exports and imports and is usually expressed as a surplus or deficit?
A
Comparative advantage
B
economic climate
C
globalization
D
balance of trade
13) What is the open trading zone among the United States, Canada, and Mexico?
A
Import commission house
B
North American Free Trade Agreement
C
Multinational corporation
D
World Trade Organization
14) The United States and Switzerland share the production of a new high-quality line of chocolates. This is an example of:
A
product life cycle
B
economy of scale
C
joint venture
D
full package production.
15) Which aspect of global trade refers to a country’s purchasing power, standard of living, and relative cost of doing business?
A
Balance of trade
B
Comparative advantage
C
Economic climate
D
Globalization
*select an answer for all questions
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