RISE Up Retail Industry Fundamentals Practice Test - Missed Questions

RISE Up Retail Industry Fundamentals Practice Test - Missed Questions

12th Grade

18 Qs

quiz-placeholder

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RISE Up Retail Industry Fundamentals Practice Test - Missed Questions

RISE Up Retail Industry Fundamentals Practice Test - Missed Questions

Assessment

Quiz

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12th Grade

Practice Problem

Easy

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18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When products arrive at a physical store, the process used to enter it into the store's on-hand inventory is called:

Stocking
Inventory replenishment
Receiving
Inventory tracking

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These devices are used primarily to prevent the theft of high-priced items, particularly small ones.

Display or fixture locks
Non-electronic ink tags
Electronic tags
PLUs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following refers to the difference between revenue and all expenses, including the cost of goods sold and operating expenses?

Net profit
Gross profit
Profit margin
Profit margin percentage

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What's the term for a very brief speech that you can use to sell yourself to people you meet?

A job post
A keynote speech
An elevator pitch
A sales presentation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Making a connection
Recite a product features
Personalize service
Assess needs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the best way to demonstrate that you have understood customer?

Restate and summarize their needs
Ask the customer to repeat what they said
Restate the customer's exact words
Ask the customer a follow-up question

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These devices are specifically intended to be attached to clothing in order to prevent theft and require a special tool to remove

SKUs
PLUs
Non-electronic ink tags
Electronic tags

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