CHAPTER 1 PART 2

CHAPTER 1 PART 2

University

20 Qs

quiz-placeholder

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CHAPTER 1 PART 2

CHAPTER 1 PART 2

Assessment

Quiz

Computers

University

Medium

Created by

ANIZAH ABU BAKAR

Used 1+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary function of drop shipping?

To manufacture products

To connect buyers to manufacturers

To store inventory

To sell products in bulk

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a disadvantage of drop shipping?

No inventory required

Low startup costs

Freedom to try out different products

Intense competition

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key characteristic of wholesaling and warehousing?

Eliminates the need for customer service

Focuses solely on online sales

Requires no investment

Involves purchasing products in bulk

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a challenge in wholesaling and warehousing?

Supply-chain and logistics

High profit margins

Website costs

Customer segmentation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant advantage of manufacturing?

Immediate product delivery

No need for customer customization

Allows quick changes in suppliers

Requires no investment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does white-labeling involve?

Manufacturing products for others

Using existing products to sell under another brand

Selling products under your own brand

Creating a new product from scratch

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a disadvantage of white-labeling?

High startup costs

Inconsistent quality

Limited product options

Requires extensive marketing

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