20/20

Frame Financial Factors

1. _________ can be considered the total cost of purchasing and shipping the frame.
2. ___________ is how often a frame sells in a given period.
3. A board management strategy can prevent ___________.
4. A retail base plan often has a _________ off of the frame overage.
5. ___________ and customary is the retail amount that you normally charge for an item.
6. Frame profit is the total revenue received from the frame minus ____________.
7. Value frames are typically purchased at a discount of up to _______________
8. ______________ is a term to describe the strategy for controlling frame inventory.
9. When the economy is bad, consumers become more ___________ conscious.
10. Luxury frames often have a _________ discount
11. It often cost the same to ship one frame as it does ____________.
12. _______________ frames are required by most insurance contracts.
13. A markup strategy that uses a simple number multiplied by the list price is called _________.
14. On a wholesale-based plan, the ______________ often affects the margin the most on covered frames.
15. The potential downside of a multiplier mark-up strategy is that some frames may be ___________.
16. For many patients, the journey to the eyecare office begins _________.
17. A board management strategy can save _________ with vendor appointments.
18. ___________ can be considered the total cost of purchasing and shipping the frame.
19. A markup strategy that is too low will result in decreased __________.
20. A wholesale-based plan has both a wholesale frame allowance and a __________.
Evaluation Questions
21. In questions 21-23 please rate the effectiveness of how well each course met the stated learning objectives: Met the stated learning objectives?
22. Avoided commercial bias/influence?
23. How would you rate the overall quality of the material presented?
24. How were you directed to this course?
25. Please describe the office in which you work.