Ques 1.

What do you mean by merchandising philosophy? Giving the example of a super store, explain how is it developed for the mass market.

Ques 2.

What do you mean by markdowns? Explain its importance. Discuss the purposes which are achieved by markdowns.

Ques 3.

Giving suitable examples, describe the difference between the cost markup and the retail mark-up. Which mark-up is used more commonly?

Ques 4.

What is meant by merchandise plan? Explain different factors that are taken into account while preparing it.

Ques 5.

What are the key features and benefits of implementing an open-to-buy system in the retail industry? How does it help retailers effectively manage inventory, control purchasing, and optimize sales?

Ques 6.

Explain the merits and demerits of the product outsourcing.

Ques 7.

Describe the importance of the visual merchandising in a retail store. Why should buyer’s team be involved in it?

Ques 8.

Discuss the key performance parameters for effective merchandising and their significance in the retail store. Illustrate how these parameters can contribute to maximizing sales and enhancing customer satisfaction.

Ques 9.

Describe the present scenario of the organized retail sector in India. What are its future prospects?