In business terminology, which acronym stands for Buying and Merchandising?

The acronym that stands for Buying and Merchandising is BMOR. This term specifically relates to the functions and processes involved in purchasing products for retail and effectively managing merchandise to maximize sales and customer satisfaction. In business, buying involves selecting and acquiring the right products at the correct price, while merchandising focuses on presenting those products in a manner that appeals to consumers. Understanding the processes included in BMOR is essential for anyone involved in retail management or sales, as it directly influences inventory decisions and marketing strategies.

The other acronyms do not pertain to Buying and Merchandising. SEM is often associated with Search Engine Marketing, MMS may refer to Mobile Messaging Service, and HRM stands for Human Resource Management. Each of these terms addresses different aspects of business operations and management, but they do not encapsulate the core functions related to buying and merchandising, which is why they are not the correct answer.