Retail Fundamental Review

Flashcard
•
Professional Development
•
Professional Development
•
Easy
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30 questions
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1.
FLASHCARD QUESTION
Front
Which of the following is a term for physical goods that are bought and sold? Sales, Products, Pricing , Services
Back
Products
2.
FLASHCARD QUESTION
Front
Which of the following is a standard term that describes the audience of retail stores- the people who will buy things from stores? Options: Manufacturers, Wholesalers, Buyers, Customers
Back
Customers
3.
FLASHCARD QUESTION
Front
Which of the following is a term for intangible things, such as providing delivery, that are sold by retailers? Gifts, Training, Services, Products
Back
Services
4.
FLASHCARD QUESTION
Front
The majority of retailers are: Independently Owned, Corporations, Franchises, Online Only
Back
Independently Owned
5.
FLASHCARD QUESTION
Front
Which of the following is the term for the retailing approach that places the focus on creating a seamless shopping experience for customers by integrating multiple channels? Options: Multichannel, Omnichannel, Integrated channel, Seamless channel
Back
Omnichannel
6.
FLASHCARD QUESTION
Front
What kind of things does a manufacturer produce?
Back
Finished Products
7.
FLASHCARD QUESTION
Front
What is the term that describes distributing merchandise from the manufacturer to a retailer's locations?
Back
Allocation
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