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Author Question: Using information computed in problems 1, 2, 3, & 6, calculate the planned purchases for June. ... (Read 51 times)

audie

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Using information computed in problems 1, 2, 3, & 6, calculate the planned purchases for June.
 
  What will be an ideal response?

Question 2

The Hispanic ethic group is the fastest growing in the United States. If the fashion industry chose to ignore this demographic statistic what might be the consequences?
 
  What will be an ideal response?



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Smiles0805

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Answer to Question 1

(+) June sales 1267.1
(+) June markdowns 493.8
(+) June EOM (July BOM) 4949.6
(-) June BOM 5195.1
(=) June Purchases 1515.4

Answer to Question 2

Companies may fail to provide the correct product offerings, relevant size offerings, color
selections that would appeal to this growing segment and lose the consumer group to
competition thus forfeiting opportunities for profit and company growth.




Smiles0805

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