BRL-107 EM 2025-26 SOLVED ASSIGNMENT

Description

TUTOR MARKED ASSIGNMENT (TMA)
Course Code : BRL–107
Course Title : Buying and Merchandising-I
Assignment Code : BRL–107/TMA/2025-26

Attempt all the questions. (A) Short Type Questions

1. Describe basic principles of merchandising. (10)
2. What is merchandise assortment? Describe different steps in the planning of merchandise assortment. (10)
3. What is category management? Describe the steps involved in the category management. (10)
4. Describe nine laws that influence buyer’s price sensitivity. (10)
5. “Selecting an appropriate vendor is the key step in the success of an enterprise”. (10)
6. Explain the concept of open-to-buy. How is it helpful in increasing the profits of the retail store? (10)
7. Distinguish between:
8. a) Mark-up plan and mark-down plan b) Trade discount and quantity discount (5+5)

(B) Essay Type Questions

8. What is meant by key performance indicator? Giving suitable examples, explain the main KPIs of buying and merchandising. (15)
9. Describe the importance of GMROI and explain the steps involved in calculating it.