Question: 1 . Name 3 different local retailers that can be impacted by unexpected changes in weather patterns. How does weather affect their sales, and what
Name
different local retailers that can be impacted by unexpected changes in weather patterns. How does weather affect their sales, and what can they do to prevent such fluctuations?
Answer A
explain the first retailer
Answer B
explain the second retailer
Answer C
explain the third retailer
It costs money to carry inventory, yet retailers must carry an amount of inventory in excess of planned sales for an upcoming period. Why?
Why isn
t it a bad thing to take a reduction? After all, aren
t reductions an admission of making a mistake?
Why should a retailer be allowed to change its merchandise budget after the start of a season? If changes can be made, what would cause such changes?
A retailer who last year had sales of $
plans for an inflation rate of
percent and a
percent increase in market share. What should planned sales for this year be
HINT: This a mathematical equation. Explain, and draw out the mathematical equation
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