Retail Management - Qp7

12 Questions | Total Attempts: 22

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Retail Management Quizzes & Trivia

Questions and Answers
  • 1. 
    In practical terms retailing is one of the most important aspects of your business.
    • A. 

      True

    • B. 

      False

  • 2. 
    The basic principles of merchandising are:  (Select four)
    • A. 

      Display your stock in a contradictory manner.

    • B. 

      Do not confuse your customers.

    • C. 

      Put thought into your merchandising plan

    • D. 

      Ensure that all articles are priced and well ticketed.

    • E. 

      Do not crowd your aisles with displays or bins but do not under utilise any space

    • F. 

      Be patient.

  • 3. 
    Stock grouping means just that - put products of a similar nature together.
    • A. 

      True

    • B. 

      False

  • 4. 
    Once you are clear as to your main groups you may start to identify sub-groups.
    • A. 

      True

    • B. 

      False

  • 5. 
    It is important that you develop a ______ plan for your store layout.
    • A. 

      Shelving

    • B. 

      Security

    • C. 

      Merchandising

  • 6. 
    There are two basic retailing seasons namely:
    • A. 

      Spring

    • B. 

      Summer

    • C. 

      Autumn

    • D. 

      Winter

  • 7. 
    Constantly review your plan ensuring that the correct products are receiving exposure and that poor sellers are not enjoying too much exposure.
    • A. 

      True

    • B. 

      False

  • 8. 
    If you lack the stock (or sales) to fill a certain space resort to "______".
    • A. 

      Dummying up

    • B. 

      Dummying down

    • C. 

      Dumping up

    • D. 

      Dumping down

  • 9. 
    Customers do not mind hunting through displays looking for the sizes they require.
    • A. 

      True

    • B. 

      False

  • 10. 
    Colour ______ are a popularly used method of enhancing the appearance of displays.
    • A. 

      Coding

    • B. 

      Breaks

    • C. 

      Selections

  • 11. 
    "Impulse lines" are those items which customers buy without planning to buy them - unplanned purchases in other words.
    • A. 

      True

    • B. 

      False