_____ is the planning and control of the buying and selling of goods and services,to help the retailer realize its objectives.

Question

Quizplus · Accepted Answer

Merchandising involves the planning, buying, and selling of goods and services to achieve the retailer's goals. It includes the selection of inventory, pricing, promotion, and placement of products in the store to meet the needs of customers and achieve maximum profitability. Retailing refers to the overall process of selling goods and services to consumers, including all aspects of the business, such as marketing, customer service, and store operations. Retail reduction analysis is a method for evaluating the effectiveness of markdowns and promotional pricing strategies. Forecasting involves predicting future sales and demand for products and services. Store management encompasses all aspects of managing a retail business, including hiring and training staff, scheduling, inventory management, and financial analysis.

_____ Is the Planning and Control of the Buying and Selling