RISE Up Retail Industry Fundamentals Practice Test

RISE Up Retail Industry Fundamentals Practice Test

12th Grade

20 Qs

quiz-placeholder

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RISE Up Retail Industry Fundamentals Practice Test

RISE Up Retail Industry Fundamentals Practice Test

Assessment

Quiz

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12th Grade

Practice Problem

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The majority of retailers are:

Independently owned

Corporations

Franchises

Online Only

2.

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

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a step in the basic selling process?

Making a connection

Personalize service

Assess needs

Recite a product features

4.

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:

Stocking

Restocking

Inventory Management

Display Arrangement

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Distribution

Allocation

Transportation

Logistics

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a concept that helps you manage your time effectively? Organizing, Prioritizing, Procrastinating, Focusing

Organizing

Prioritizing

Procrastinating

Focusing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Juliana finds a leaking shampoo bottle and throws it out. What would be true about the inventory system?

The number of shampoo bottles in the inventory system would be too high.

The number of shampoo bottles in the inventory system would be accurate.

The number of shampoo bottles in the inventory system would be too low.

The number of shampoo bottles in the inventory system would remain unchanged.

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