Nrf Business Of Retail Chapter 2 Exam Questions (33 Terms) With Verified Definitions Updated 2024

Americans with Disabilities Act {Ans: this act prohibits employers from discriminating against qualified individuals with disabilities in job application procedures, hiring, firing, advancement, compensation, training and other terms, conditions and privileges of employment.}Whistleblower Protection Act {Ans: this act protects an employee from being fired or mistreated for reporting workplace problems or misconduct}Inventory replenishment {Ans: the process of automatic or manual ordering to meet product demands}barcode {Ans: A machine-readable series of parallel lines that combine to create a unique item identifier.}Excess inventory {Ans: the term for when customers did not buy as much inventory as the company estimated and there is too much inventory in stock}Wardrobing {Ans: purchasing an item usually a clothing item for a special event using it but keeping the tags on and then returning it after the event}