3.1 Retail Operations Basics Knowledge Check

3.1 Retail Operations Basics Knowledge Check

10th Grade

14 Qs

quiz-placeholder

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3.1 Retail Operations Basics Knowledge Check

3.1 Retail Operations Basics Knowledge Check

Assessment

Quiz

others

10th Grade

Practice Problem

Medium

Created by

Dillon Oney

Used 19+ times

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14 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • Ungraded

Which of the following is not part of the retailer's role in inventory management?

Ordering Product

Stocking Product

Delivering Product

Receiving Product

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A retailer's total inventory is:

All inventory a retailer has on order
All inventory available in the retailer's physical stores
All inventory owned by the retailer, regardless of its location
All inventory sold within the last year.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Other than in the stockroom, where is a store's inventory kept?

At the distribution center
On the sales floor
At the manufacturer
In the office.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process of automatic or manual ordering to meet product demands is called:

Inventory Replenishment
RFID
PLU
Excess Inventory

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process of placing inventory on sales floor shelves, racks, or other displays to be sold is called:

Back stock
out of stock
stocking
excess inventory

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Extra inventory kept on hand in case customers buy more than the company estimated before the next shipment arrives

Safety Stock
Out of Stock
Back Stock
Excess Inventory

7.

MULTIPLE CHOICE QUESTION

30 sec • Ungraded

A planogram is

an emergency plan posted throughout the store.
an easy to follow layout with instructions for arranging and stocking a merchandise display and positioning other fixtures and equipment.
a follow up sent to a customer after a large purchase.
a system for tracking inventory.

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