What Is the First Step in Merchandise Management Planning

question 75

Multiple Choice

What is the first step in merchandise management planning?

• A) Developing a forecast for sales
• B) Executing a merchandise plan
• C) Developing a business plan
• D) Determining the appropriate inventory levels
• E) Penetrating a new market

---

Definitions:

Cause

A reason or motivation for an action or event.

Suffer

To experience or be subjected to something bad or unpleasant.

Cultural Differences

The variations in the ways of life, beliefs, norms, and behaviors among different groups of people or societies.

Susceptible

Likely to be influenced or harmed by a particular thing or condition.