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Flashcards in Unsure Cards Deck (12)
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1
Q

What is operating trading

A

The flow of products in and out the business

2
Q

Gross trading formula

A

Net sales - cost of sales

3
Q

Macro environment

A

Competitors - analyse there trends and market share
Economic - GDP, inflammation
Product - the trends and size of market
Price and volume - growing markets doesn’t mean successful

4
Q

Sales density

A

Sales turnover devided by floor space

5
Q

How to measure if the collection is relevant

A

Competitor trends
Eco if trends
Product trends
Price and volume

6
Q

Week cover is

A

The relationship between the sales and stock

7
Q

Shortage

A

Inventory

8
Q

Stakeholders that impact CSR

A

Employees
Customers
Communities
Investors

9
Q

CSR impact on B&M

A

Cultures and environment

10
Q

4 words that sum up CSR

A

Aware
Fair
Moral
Loyal

11
Q

6 concepts in CSR

A

Unstable buyers and suppliers - bonus given
Pricing - changes due to time
Increased question demand - trends
Shorter lead time - quicker response
Product specifications - length of time carrier bag responses
Cancellation- products that’s will and not sell

12
Q

Different influences on fashion management

A

Brand management - limits products to fir brand personality
Consumerism - buyers fed on products
Technology - supply chain is enhanced
Globalism - free trade and supply opertunities