Are Returns Out of Control? Vocabulary

Incentivize

(in-SEN-tuh-vahyz) verb

• to offer a reward or motivation for some action.

• a supply of goods

• refers to goods that are bought and sold.

• Like inventory, the noun stock means “the whole supply or amount on hand.” As a verb, stock means “to provide with a stock of something.

inventory

(IN-vuhn-taw-ree) noun

• to offer a reward or motivation for some action.

• a supply of goods

• refers to goods that are bought and sold.

• Like inventory, the noun stock means “the whole supply or amount on hand.” As a verb, stock means “to provide with a stock of something.

merchandise

(MUR-chuhn-dahyz) noun

• to offer a reward or motivation for some action.

• a supply of goods

• refers to goods that are bought and sold.

• Like inventory, the noun stock means “the whole supply or amount on hand.” As a verb, stock means “to provide with a stock of something.

restock

(ree-STAHK) verb

• to offer a reward or motivation for some action.

• a supply of goods

• refers to goods that are bought and sold.

• to stock again—in other words, to replace items that have been sold or removed.

retailer

(REE-tayl-er) noun

• a person or business that sells goods to the public.

• a supply of goods

• refers to goods that are bought and sold.

• to stock again—in other words, to replace items that have been sold or removed.

transit

(TRAN-sit) noun

• a person or business that sells goods to the public.

• the carrying of people or items from one place to another.

• refers to goods that are bought and sold.

• to stock again—in other words, to replace items that have been sold or removed.

transit

(TRAN-sit) noun

• a person or business that sells goods to the public.

• the carrying of people or items from one place to another.

• refers to goods that are bought and sold.

• to stock again—in other words, to replace items that have been sold or removed.

Give an example of a way a teacher might incentivize their students to return signed permission slips.

• to offer a reward or motivation for some action

• The teacher might offer the class a pizza party if everyone turns in their slip by a certain date.

• The inventory of an item might become low if there is a big sale on the item and lots of people buy it, or if there is a supply chain issue.

• to stock again—in other words, to replace items that have been sold or removed.

What might cause the inventory of an item to be low?

• a furniture store’s inventory is all the furniture it has in stock and is ready to sell

• The teacher might offer the class a pizza party if everyone turns in their slip by a certain date.

• The inventory of an item might become low if there is a big sale on the item and lots of people buy it, or if there is a supply chain issue.

• to stock again—in other words, to replace items that have been sold or removed.

Imagine you receive a notification that a shirt you ordered is in transit. What does this mean?

• a furniture store’s inventory is all the furniture it has in stock and is ready to sell

• The teacher might offer the class a pizza party if everyone turns in their slip by a certain date.

• The inventory of an item might become low if there is a big sale on the item and lots of people buy it, or if there is a supply chain issue.

• your shirt is on the way—somewhere between the warehouse and your front door.