What is meant by a merchandise plan? Explain the different factors that are considered while preparing it.

What is gross margin and operating profit? How are they calculated? Explain with suitable examples

What is retail buying? Enumerate the factors affecting the buying decisions of a buying centre. 

What do you mean by visual merchandising? How does one classify the categories for better presentation in the store? Briefly explain each category

What do you mean by merchandising? Explain any three roles played by a retail merchandiser.

Define mark-up. Explain different types of mark-ups and distinguish between them.

Describe the present scenario of the organised retail sector in India. Explain schematically the process of buying and merchandising being followed by Shoppers Stop.