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Unit 3: Buying for Discount Operations

Answers: Self Assessment Notes

1. Merchandise 2. Specialty discount
3. Warehouse operations 4. Full markup
5. Lower 6. Mark up

7. Robinson Patman Act 8. Specialists
9. Resident buying office, Merchandise Broker
10. True 11. True
12. True 13. True
14. False 15. True

3.8 Further Readings

Books Clodfelter, Richard (2012), Retail Buying: From Basics to Fashion, Fairchild Books.
Diamond, Jay & Pintel, Gerald (2008), Retail Buying, 8/E, Pearson Education
India.

Diamond, Jay (2012), Retail Buying, Prentice Hall.
Field, Clifton Coutard (2010), Retail Buying; Modern Principles and Practice.,
General Books.

Pradhan, Swapna (2010), Retail Merchandising, Tata McGraw-Hill Education.
United States, Small Business Administration, Office of Management
Assistance, Retail buying function,

Varley, Rosemary (2013), Retail Product Management: Buying and Merchandising,
Routledge.

Online links http://www.antiessays.com/free-essays/122509.html
http://www.moneycrashers.com/discount-grocery-stores/
http://www.sec.gov/answers/specialist.htm

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