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Center for Curriculum and Transfer Articulation
Retail Buying
Course: TEC200

First Term: 2005 Spring
Lecture   3 Credit(s)   3 Period(s)   3 Load  
Subject Type: Occupational
Load Formula: S

Description: Examines management/buyer role in investment, pricing, planning, controlling sales and inventories.

MCCCD Official Course Competencies
1. Explain the merchandiser`s role in the following organizations: small store, medium- and large-volume store, and in the chain store system. (I)
2. Perform basic merchandising equations and other arithmetic calculations used in the merchandising operation. (I-VI)
3. Identify the various principles, practices, and techniques employed by retail merchants in the planning and control of their stock assortments. (VII-IX)
4. Explain the use and function of typical retail store merchandising forms and reports. (II-IV, VII-IX)
MCCCD Official Course Competencies must be coordinated with the content outline so that each major point in the outline serves one or more competencies. MCCCD faculty retains authority in determining the pedagogical approach, methodology, content sequencing, and assessment metrics for student work. Please see individual course syllabi for additional information, including specific course requirements.
MCCCD Official Course Outline
I. Introduction to Retail Merchandising
   A. Fundamental concepts
   B. Organization of merchandising
II. Elements of Merchandising Profit
   A. Profit as a retail merchandising objective
   B. Profit and loss statements
III. The Seasonal Merchandise Plan and Open To Buy
IV. The Purchase Order and Term of Sale
V. Merchandise Pricing and markups
VI. Repricing Merchandise
   A. Markdowns
   B. Additional markups
   C. Employee discounts
VII. Inventory Control
   A. Devices
   B. Procedures
VIII. Inventory Control
   A. Devices
   B. Procedures
VIII. Inventory Control: The Book Inventory
IX. Periodic Reports on the Merchandising Operation
MCCCD Governing Board Approval Date: 12/14/2004

All information published is subject to change without notice. Every effort has been made to ensure the accuracy of information presented, but based on the dynamic nature of the curricular process, course and program information is subject to change in order to reflect the most current information available.