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FMD258 Crossword Study Guide (Ch 1-9)

Across
geographic area from which retailer draws it customers
breaking down a large population into smaller, accessible groups that share similar characteristics, lifestyles, or needs
stock value reduction due to employee theft, shoplifting, and human error
selling peak demand, special promotion, or designer’s overstocks for a brief period announced with very little notification
time, place, form, possession
statistics on age, gender, ethnic origin, education, income, occupation, type of housing, etc.
criteria companies use when looking to expand into international markets
competition that involves a retailer against a wholesaler or manufacturer also engaged in retailing
according to Jim O’Neil the fifth BRIC country
calculations used to identify the customer drawing power of geographic areas
creating unfair advantage by exporting goods that are priced lower than those manufactured in the country that imports them
shoptimizers, mainstreeters, carefrees
secured computer links between business partners such as retailers and suppliers
Down
practice of using physical and electronic distribution systems efficiently to deliver products to customers in a timely manner
innovators, thinkers, achievers, experiencers, believers, strivers, makers, survivors
aligning merchandising, logistics, technologies, etc., to serve customers across all selling options
store-within-a-store departments featuring internationally known merchandise
comparing potential new sites with existing site to obtain a sales forecast
tendency of some retailers to offer the same or similar merchandise or services as their competitors
customer behavior information and sales data that is captured electronically when it occurs
South American trade bloc that promotes free trade among member countries