Question: 1 . Which performance measurement is related to a purchasing budget for future inventory orders that a retailer creates for a specific period? a .

1. Which performance measurement is related to a purchasing budget for future inventory orders that a retailer creates for a specific period?
a. Open-to-buy
b. Gross margin
c. Markup
d. Profit
a. consumers demanding fewer ways to shop.
b. social media efforts being measured more effectively.
c. brick-and-mortar stores becoming mini-fulfillment centers.
d. increasing use of data analytics by retailers.

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