BOR Ch1 Short Review

BOR Ch1 Short Review

12th Grade

12 Qs

quiz-placeholder

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BOR Ch1 Short Review

BOR Ch1 Short Review

Assessment

Quiz

others

12th Grade

Practice Problem

Easy

Created by

ELIZABETH BROOKS

Used 3+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of a retailer?

A customer who shops regularly

A business that sells goods or services to the public

A company that only sells online

A bank that offers loans

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which word means 'products or services a business sells to make money'?

Revenue

Inventory

Product

Technology

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Customer service is mainly about...

Replacing items for free

Helping customers before, during, or after they shop

Taking customer money

Checking inventory

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A large company owned by many shareholders is a...

Corporation

Franchise

Sole Proprietor

Independent Retailer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A small business owned and run by one person is called...

Franchise

Corporation

Independent Retailer

Marketing Partner

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of a franchise?

Walmart

Raising Cane’s

Rouses

Best Buy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the correct order of the distribution channel?

Manufacturer → Retailer → Wholesaler → Customer

Customer → Manufacturer → Wholesaler → Retailer

Manufacturer → Wholesaler → Retailer → Customer

Wholesaler → Customer → Retailer → Manufacturer

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