πŸ“Š Retail Management
Q. ------ gives the product as per the requirements of customers
  • (A) Human resource planning.
  • (B) Job descriptions.
  • (C) Job analysis.
  • (D) Mall
πŸ’¬ Discuss
βœ… Correct Answer: (A) Human resource planning.
πŸ“Š Retail Management
Q. ----- is the process of seeking customers towards shop.
  • (A) Selection.
  • (B) Advertisement.
  • (C) Compensation.
  • (D) Recruitment.
πŸ’¬ Discuss
βœ… Correct Answer: (B) Advertisement.
πŸ“Š Retail Management
Q. Retailing is a marketing function which ----
  • (A) sells products to other business
  • (B) sells products to a company that resells em
  • (C) sells products to final consumers
  • (D) sells products for one’s own use
πŸ’¬ Discuss
βœ… Correct Answer: (C) sells products to final consumers
πŸ“Š Retail Management
Q. Retailing creates-------
  • (A) time utility
  • (B) place utility
  • (C) ownership utility
  • (D) all of these
πŸ’¬ Discuss
βœ… Correct Answer: (D) all of these
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 word Retail is derived from the----- word
  • (A) latin
  • (B) french
  • (C) english
  • (D) none of these
πŸ’¬ Discuss
βœ… Correct Answer: (B) french
πŸ“Š Retail Management
Q. Which of the following is NOT an example of non-store retailing?
  • (A) mail order.
  • (B) party plan
  • (C) department store
  • (D) Catalogue shop.
πŸ’¬ Discuss
βœ… Correct Answer: (D) Catalogue shop.
πŸ“Š Retail Management
Q. A retailer’s ______________ is the key to its ability to attract customers.
  • (A) location.
  • (B) pricing system.
  • (C) promotion system.
  • (D) Store personnel.
πŸ’¬ Discuss
βœ… Correct Answer: (A) location.
πŸ“Š Retail Management
Q. Merchandising and display are an important part of the marketing plan and should have a reasonable budget allocated, even for a retailer operating on a ..........
  • (A) corner.
  • (B) dime.
  • (C) limit.
  • (D) Shoestring.
πŸ’¬ Discuss
βœ… Correct Answer: (D) Shoestring.
πŸ“Š Retail Management
Q. A concept in retailing that helps explain the emergence of new retailers is called the _______________ hypothesis.
  • (A) retail life cycle
  • (B) wheel-of-retailing
  • (C) service-assortment
  • (D) Product life cycle
πŸ’¬ Discuss
βœ… Correct Answer: (B) wheel-of-retailing