Under the model stock approach,the retailer determines space needs by _____.
A)calculating the amount of floor space necessary to carry and display a proper assortment of merchandise
B)assigning space on the basis of sales or profits per foot
C)dividing merchandise into impulse and specific intent categories
D)assigning goods into complementary and substitute categories

Question

Quizplus · Accepted Answer

The model stock approach involves calculating the amount of floor space necessary to carry and display a proper assortment of merchandise based on factors such as the retailer's target market, sales trends, and product availability. This helps the retailer ensure that they have enough space to showcase their merchandise effectively while still leaving room for future growth and changes. Assigning space based on sales or profits per foot, dividing merchandise into categories, or assigning goods into complementary or substitute categories may be helpful in determining space needs, but they are not the primary focus of the model stock approach.

Under the Model Stock Approach,the Retailer Determines Space Needs by _____