πŸ“Š Retail Management
Q. In retailing there is a direct interaction with-------.
  • (A) producer.
  • (B) customer.
  • (C) wholesaler.
  • (D) all of these.
πŸ’¬ Discuss
βœ… Correct Answer: (D) all of these.
πŸ“Š Retail Management
Q. The main objective of the management is--------.
  • (A) profitability.
  • (B) sales growth.
  • (C) return on investment
  • (D) all of these.
πŸ’¬ Discuss
βœ… Correct Answer: (D) all of these.
πŸ“Š Retail Management
Q. Retailer is a person who sells the goods in a---------.
  • (A) large quantities.
  • (B) small quantities.
  • (C) both a & b.
  • (D) none of these.
πŸ’¬ Discuss
βœ… Correct Answer: (B) small quantities.
πŸ“Š Retail Management
Q. This display exhibits heavier, bulkier items than racks hold
  • (A) open
  • (B) closesd
  • (C) case
  • (D) ensemble
πŸ’¬ Discuss
βœ… Correct Answer: (C) case
πŸ“Š Retail Management
Q. This involves agreements to fix prices between parties at different levels of the same marketing channel
  • (A) edlp
  • (B) psychological
  • (C) predatory
  • (D) discount
πŸ’¬ Discuss
βœ… Correct Answer: (C) predatory
πŸ“Š Retail Management
Q. This provides the way to gather lead contact informtion, house it, use it for communictaion purposes and run reports on the data researches have collected
  • (A) point of sales
  • (B) customer analytics
  • (C) campaign
  • (D) crm
πŸ’¬ Discuss
βœ… Correct Answer: (B) customer analytics
πŸ“Š Retail Management
Q. The major componenet of solid waste that a retailer generates in the environment
  • (A) branding
  • (B) labelling
  • (C) packaging
  • (D) naming
πŸ’¬ Discuss
βœ… Correct Answer: (C) packaging
πŸ“Š Retail Management
Q. This layout is the simplest type of store layout in which fixtures and merchandise are grouped into free-flowing patterns on the sales floor
  • (A) grid
  • (B) free flow
  • (C) spine
  • (D) loop
πŸ’¬ Discuss
βœ… Correct Answer: (B) free flow
πŸ“Š Retail Management
Q. The process by which a retailer attempts to offer the right quantity of the right merchandise in the right place at the right time and meet the company's financial goalsis known as
  • (A) merchandise management
  • (B) procurement
  • (C) distribution
  • (D) sales
πŸ’¬ Discuss
βœ… Correct Answer: (A) merchandise management