Understanding The Basics Of The Flooring Industry
6 Questions
| Total Attempts: 91
Questions and Answers
- 1.What are the three primary ways in which flooring moves from the manufacture to retailer?
- A.
Distributor
- B.
Catalog
- C.
Agent
- D.
Manufacture Direct
- E.
Trucking Company
- 2.One of the key differences in shipping carpet vs hard-surface order is the number of accesories, trim, and adhesives that must accompany hard-surface orders?
- A.
True
- B.
False
- 3.When shipping a smaller hard-surface order LTL, the freight cost can be extremely high, and the speed of delviery could be inconsistent?
- A.
True
- B.
False
- 4.There are four primary industry market events each year, what are they?
- A.
Neocon
- B.
ASCAM
- C.
Coverings
- D.
Building & Construction
- E.
Domotex
- F.
Surfaces
- 5.There are three primary channels within the flooring industry, what are they?
- A.
Retail
- B.
Apartments
- C.
Builder
- D.
Malls
- E.
Commercial
- 6.There is a substantial difference in gross profit margins between doing a markup off cost, vs a gross profit markup
- A.
True
- B.
False
Please complete the following Check for Understanding. Feel free to use your activity sheet to help you along. With a passing score you will be given a certificate at the end.
Questions: 15 | Attempts: 55 | Last updated: Mar 20, 2022
-
Sample QuestionThis is a method of moving assets from one IRA to another IRA at a different financialinstitutionwhere the check is made payable to the receiving IRA trustee, custodian or issuer.
Back to top