Retail Management - Qp1

8 Questions | Total Attempts: 63

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Retail Management Quizzes & Trivia

Questions and Answers
  • 1. 
    Retailing is viewed as the business activity of selling goods and services to the final customer.
    • A. 

      True

    • B. 

      False

  • 2. 
    There is consensus that the retailer is the first link in the distribution chain and plays an important role in ensuring customer satisfaction.
    • A. 

      True

    • B. 

      False

  • 3. 
    The general description of retailing implies three subordinate concepts, being:
    • A. 

      The purpose of retailing

    • B. 

      The variety of retailing

    • C. 

      The nature of retailing

    • D. 

      The size of retailing

  • 4. 
    The retailer sells ______ or more of his / her products and or services to an end-user.
    • A. 

      20%

    • B. 

      30%

    • C. 

      40%

    • D. 

      50%

  • 5. 
    The first real permanent retail operations to set up were bars and canteens.
    • A. 

      True

    • B. 

      False

  • 6. 
    _______ stores do not offer conventional shopping.
    • A. 

      Convenience

    • B. 

      Mail-order

    • C. 

      Hawker

  • 7. 
    In any small business there are certain key factors which make a small business a success.
    • A. 

      True

    • B. 

      False