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RISE UP TEST ACTUAL EXAM 150 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) | ALREADY GRADED A+ which of the following is a term for physical goods that are bought and sold?$27.99
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RISE UP TEST ACTUAL EXAM 150 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) | ALREADY GRADED A+ which of the following is a term for physical goods that are bought and sold?
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Course
RISE UP
Institution
RISE UP
RISE UP TEST ACTUAL EXAM 150
QUESTIONS AND CORRECT DETAILED ANSWERS
WITH RATIONALES (VERIFIED ANSWERS) |
ALREADY GRADED A+
which of the following is a term for physical goods that are bought and sold?
RISE UP TEST ACTUAL EXAM 150
QUESTIONS AND CORRECT DETAILED ANSWERS
WITH RATIONALES...
RISE UP TEST 2023-2024 ACTUAL EXAM 150
QUESTIONS AND CORRECT DETAILED ANSWERS
WITH RATIONALES (VERIFIED ANSWERS) |
ALREADY GRADED A+
which of the following is a term for physical goods that are bought and sold? - ANSWER-B. Products
which of the following is a standard term that describes the audience of retail stores-that is, the people
who will buy things from the stores? - ANSWER-D. Customers
which of the following is a term for intangible things, such as providing delivery, that are sold by
retailers? - ANSWER-C. Services
what kind of things does a manufacturer produce? - ANSWER-D. Finished products
which of the following holds large quantities of product that are later sent either to retail locations or
directly to customers? - ANSWER-C. Distribution center
which of the following terms best describes a grower of potatoes? - ANSWER-A. Manufacturer
The majority of retailers are: - ANSWER-A. Independently owned
which of the following is the term for the retailing approach that places the focus on creating a seamless
shopping experience for customers by integrating multiple channels? - ANSWER-B. Omnichannel
which of the following is the standard definition of a retail ecosystem? - ANSWER-A. An interconnected
system of approaches for meeting the goal of retailing, which is to provide customers with the
merchandise and services they want.
Approximately what percentage of U.S jobs are retail jobs, as of 2019? - ANSWER-C. 20-25%
, These customers can take a long time to make a purchase decision, and might return to a retailer
several times before making a purchase. - ANSWER-D. Comparison shoppers
These customers tend to make quick purchase decisions, often buying inexpensive items that are not
high importance to them. - ANSWER-B. Impulse buyers
These customers tend to spend a lot of time checking out products and prices through online sites,
visiting different stores and comparing retailer ads. - ANSWER-D. Comparison shoppers
These customers view shopping as a fun occasion, so shopping does not necessarily include making a
purchase. - ANSWER-C. Recreational shoppers
These customers have an early adopter mindset, and want to be recognized as trendsetters by others. -
ANSWER-A. Innovation/ trend buyers
These shoppers have typically enjoyed and valued positive customer experiences with a particular
retailer. - ANSWER-A. Loyal customers
These shoppers are rarely the first to try new products. - ANSWER-B. Followers
Which of the following is the term for behavior influences that come from a customer's family and
friends? - ANSWER-B. External social cues
Which of the following is the term for behavior influences that come from retailers marketing? -
ANSWER-B. External social cues
Which of the following is the term for behavior influences that come from a customer's own needs? -
ANSWER-C. Internal physical cues
Which of the following is the term for the overall impression gathered from information that is seen,
heard and experienced by customers who encounter a business, its products and services? - ANSWER-D.
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