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Details

Retailing Management
Chapters 6-11 and 14
7
Marketing
Undergraduate 3
03/15/2012

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Cards

Term
Organizational Structure
Definition
identifies that activities to be performed by specific employees and determines the lines of authority and responsibility to the firm
Term
employee productivity
Definition
the retailer's sales or profit divided by the number of employees. can be improved by increasing sales generated by employees and/or reducing the number of employees
Term
employee turnover 
Definition
number of employees leaving their job during the year/number of positions. Used as a behavioral measure
Term
Distribution center
Definition

a warehouse that reveives merchandise from multiple vendors and distributes it to multiple stores

 

Term
supply chain management
Definition
set of activities and techniques firms employ to efficiently and effectively manage the flow of merchandise from the vendors to the retailer's consumer. 
Term
universal product code
Definition
the black-and-white bar code containing a 13 digit code that idicates the manufacturer of the item, a description of the item, info abt specail packaging and special promotions. The codes for all products are issued by GSI US
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