MNGT 215 - Buying and Merchandising Math

This course focuses on the main functions of a buyer and the buyer’s role in maximizing profit. How a buyer purchases brand name versus private label merchandise, vendor/resource negotiations, and communicating and presenting the merchandise strategy to the consumer will be discussed. Students are introduced to all of the factors that buyers need to affect profits. Profit and Loss Statements, pricing (initial pricing and markdowns), and planning sales will be discussed. Critical thinking will be emphasized.
3 credits
Prerequisite: MFTC 096