Retail Fundamental Review

Retail Fundamental Review

Professional Development

30 Qs

quiz-placeholder

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Retail Fundamental Review

Retail Fundamental Review

Assessment

Quiz

Professional Development

Professional Development

Medium

Created by

Danielle Simms

Used 22+ times

FREE Resource

30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a term for physical goods that are bought and sold?

Sales

Products

Pricing

Services

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a standard term that describes the audience of retail stores- the people who will buy things from stores?

Manufacturers

Wholesalers

Buyers

Customers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a term for intangible things, such as providing delivery, that are sold by retailers?

Gifts

Training

Services

Products

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The majority of retailers are:

Independently Owned

Corporations

Franchises

Online Only

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the term for the retailing approach that places the focus on creating a seamless shopping experince for customers by integrating multiple channels?

Multichannel

Omnichannel

Integrated channel

Seamless channel

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What kind of things does a manufacturer produce?

Raw materials

Fossil Fuels

Services

Finished Products

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term that describes distributing merchandise from the manufacturer to a retailer's locations?

Innovation

Allocation

Alleviation

Reimagination

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