Merchandise Management is the analysis‚ planning‚ acquisition‚ handling‚ and control of the merchandise investments in a retail operation. Analysis - retailers must be able to correctly identify their customers before they can determine the needs and wants of their consumers Planning - retailers must often purchase their merchandise 6-12 months in advance of the selling season Acquisition - merchandise needs to be bought from others‚ either distributors or manufacturers Handling - ensures
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MERCHANDISING TECHNIQUES: GLOSSARY Accelerated purchase A specific goal set by a brand to have shoppers and retailers buy a product faster than expected or planned for. Accent lighting A touch of lighting that is used to emphasize part of a shopper marketing display. Acrylics Very popular display material because it has half the weight of glass but can withstand four times the impact. It resists most cleaning agents‚ and while it can be scratched
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Category and Merchandise Management Introduction In today’s competitive business environment‚ it is essential for all the retail organizations and retailers to effectively categorize and present their goods and services that influence the customers’ perception and attract them towards the products and services effectively. Through the effective management of category and merchandise‚ a retail company can also effectively provide a detailed description about the products and services to the customers
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allocation Members Work allocation Alfred: Description of UNIQLO’s market positioning Eva: Background Identification of key product origin Presentation of merchandises and traffic flow Derek: Identification of competitors and current positioning Kathy: PEST analysis and fashion trends impacting future sales of UNIQLO Nicholas: Update of chosen merchandise category and promotional events Pucci: SWOT analysis of UNIQLO Peer evaluation Members Given by: Alfred Eva Derek Kathy Nicholas Pucci Alfred 10
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Alfredo H. De Leon Jr 01/07/13 BSBA-MGT Mr. Lunar Arts Appreciation World Peace i choose this symbol or logo because i dont believe in violence and power. I want world peace because it is an ideal of freedom‚ peace‚ and happiness among and within all nations and/or people. World peace is an idea of planetary non-violence by which nations willingly cooperate‚ either voluntarily or by virtue of a system of governance that prevents warfare. I want also to have equality in very
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Merchandising operation and merchandise inventory Businesses that sell a product to customers Inventory Merchandise held for sale Asset account 3 Describe and illustrate merchandising operations and the two types of inventory systems 4 Balance Sheet Inventory Asset Income Statement Sales revenue Cost of goods sold Expense 5 Cash Purchase inventory Collect cash from customers Accounts receivable Sell inventory Inventory
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Report Merchandise Company’s accounting in Bishkek. Feisal Zarina WEC-3 Shaamyrzaeva Meerim WEC-3 Musabecova Jyldyz WEC-3 Aytpay kyzy Ayzad WEC-3 Merchandise is household‚ personal use‚ or commercial goods‚ wares‚ commodities‚ bought and sold in wholesale and retail. In Bishkek there are a lot of merchandising companies‚ which uses accounting in their activities. According to the law they do not have to divulge this information that is why we had some problems to make this
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beginning of the current season‚ the ledger of Hafner’s Tennis Shop showed Cash $2‚500‚ Merchandise Inventory $1‚700‚ and J. Hafner‚ Capital $4‚200. The following transactions were completed during April. (a) General Journal J1 |Date | |Account Titles and Explanation | |Ref. | |Debit | |Credit | |Apr. 4 | |Merchandise Inventory | |120 | | 840
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3900 * Jan 4Cost of merchandise sold 2630 * Merchandise inventory 2630 Sales 3900 Cost of merchandise sold 2630 Gross profit 1270 Ending inventory 3250 B. * Jan 4 acc rec 3900 * Sales 3900 * Jan 4 cost of merchandise sold 2660 * Merchandise inventory 2660 Sales 3900 Cost of merchandise sold 2660 Gross profit 1240 Ending inventory 3220 Inventory system 1. Perpetua: record sales and cost of merchandise sold uses FIFO LIFO
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The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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