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RETAILING CHAPTER 1 AND 2
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Micro environment: elements close to the business that affects it and the way in which it operates on a daily basis.
Macroenvironment: factors that fall out of the control of the retailer
Household Structure:A number of people living together
Retail Mix:Elements that retailers will combine to satisfy their target market
Franchisee:To operate the business under the holding companies
Full service supermarkets:A one stop shopping experience for the shopper
Department stores:A large variety of merchandise under one roof
Off price retailer:Are characterised by their buying practice
Secondary shopper:Use the outlet to compare price and merchandise
Core customer:Represent a small percentage of outlet shoppers
Outlet image:Perception based on features associated with retail outlets
In shop information:Information available in a shop
CPI:Consumer Price Index
Recession:Decrease in growth of employment opportunity
Pure impulse:A novelty that breaks a normal buying pattern
Planned impulse:Expectation of making some purchases on the basis of price specials or coupons
Reminder impulse:An item seen that reminds the stock at home is running low
DIYP:Do It Yourself Products
Inflation:Increase in general level of price of products
Ethics:The principals concerned with judgement
RETAILING CHAPTER 1 AND 2
Across:3. | Are characterised by their buying practice | 4. | A number of people living together | 6. | A large variety of merchandise under one roof | 9. | A novelty that breaks a normal buying pattern | 10. | Increase in general level of price of products | 15. | Decrease in growth of employment opportunity | 16. | Consumer Price Index | 17. | A one stop shopping experience for the shopper | 18. | elements close to the business that affects it and the way in which it operates on a daily basis. |
| | Down:1. | Represent a small percentage of outlet shoppers | 2. | To operate the business under the holding companies | 5. | Perception based on features associated with retail outlets | 7. | An item seen that reminds the stock at home is running low | 8. | Do It Yourself Products | 11. | The principals concerned with judgement | 12. | Expectation of making some purchases on the basis of price specials or coupons | 13. | factors that fall out of the control of the retailer | 14. | Elements that retailers will combine to satisfy their target market |
| |
© 2015
PuzzleFast.com, Noncommercial Use Only
RETAILING CHAPTER 1 AND 2
Across:3. | Are characterised by their buying practice | 4. | A number of people living together | 6. | A large variety of merchandise under one roof | 9. | A novelty that breaks a normal buying pattern | 10. | Increase in general level of price of products | 15. | Decrease in growth of employment opportunity | 16. | Consumer Price Index | 17. | A one stop shopping experience for the shopper | 18. | elements close to the business that affects it and the way in which it operates on a daily basis. |
| | Down:1. | Represent a small percentage of outlet shoppers | 2. | To operate the business under the holding companies | 5. | Perception based on features associated with retail outlets | 7. | An item seen that reminds the stock at home is running low | 8. | Do It Yourself Products | 11. | The principals concerned with judgement | 12. | Expectation of making some purchases on the basis of price specials or coupons | 13. | factors that fall out of the control of the retailer | 14. | Elements that retailers will combine to satisfy their target market |
| |
© 2015
PuzzleFast.com, Noncommercial Use Only