/25 Welcome to your Retail Management Advanced Course Exam Read the full study material ... Click here Start the exam ⇓ 1 / 25 A retailer select a site such as,...... he should get return on investment maximum sale run business successfully All the answers are correct 2 / 25 --------- represents how a retailer is perceived by consumers and others. Image Profit Sales 3 / 25 A multi channel retailer sells merchandise -----------. Over the telephone Through personal selling and retail store only Over the internet Through more than one channel 4 / 25 The major component of solid waste that a retailer generates in the environment: Naming Packaging Labelling Branding 5 / 25 This layout is the simplest type of store layout in which fixtures and merchandise are grouped into free-flowing patterns on the sales floor: Loop Spine Free flow Grid 6 / 25 Which products are produced and marketed by companies to many retailers? Local brands Unbranded Commodities National brands 7 / 25 This display exhibits heavier, bulkier items than racks hold: Ensemble Open Case Closed 8 / 25 The main objective of the management is: Return on investment Profitability Sales growth All answers are correct 9 / 25 Best service of a retail store create a: Image Task Workforce Machine 10 / 25 In retailing there is a direct interaction with -------. All answers are correct Wholesaler Customer Producer 11 / 25 Retailing creates ------------. Ownership utility All answers are correct Time utility Place utility 12 / 25 Every store target different ....... Brand Price Segment Promotion 13 / 25 The form of payment that a retailer may accept is: Cash & debit cards Cash only All answers are correct Cash & credit cards 14 / 25 What type of competitive structure are most retail firms involved in? Pure competition. Monopolistic competition Vertical competition Horizontal competition 15 / 25 Free-standing sites are located at ____________ Low pedestrian traffic area Traffic signals at highways High pedestrian traffic area Remote locations 16 / 25 Many retailers have improved their operational productivity through which of the following? Outsourcing & Computerization Outsourcing Computerization 17 / 25 How difficult it is to change retail location frequently? Absolutely easy Some what difficult Not difficult at all Extremely difficult 18 / 25 A multi channel retailer sells merchandise: Over more than one channel Over telephone Through retail stores Over internet 19 / 25 E-retailing refers to: Sales of electronic items Catalog shopping Computerized store Retailing and shopping through internet 20 / 25 All of the following are types of non store retailing, except: Direct Mail Chain store Catalog retailing Vending Machines 21 / 25 The consumer buying process in retailing involves -----------. Search for information Evaluation of retailers Need recognition All answers are correct 22 / 25 For which retail offering location is very important? Catalogue marketing Mail order Departmental store Party plan 23 / 25 A retailer’s ______________ is the key to its ability to attract customers. Pricing system Promotion system Location Store personnel 24 / 25 Which is not the basic reason of the importance of Retail Location? Customer convenience Cost of investment Competitive advantage Light and ventilation 25 / 25 --------- activities performed by the retailers. Assortment of offerings Holding stock Extending services All answers are correct 0% Restart quiz