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RETAIL INDUSTRY FUNDAMENTALS QUESTIONS WITH COMPLETE ANSWERS
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RETAIL INDUSTRY FUNDAMENTALS QUESTIONS WITH COMPLETE ANSWERS
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RETAIL INDUSTRY FUNDAMENTALSQUESTIONS WITH COMPLETE
ANSWERS
Which ffof ffthe fffollowing ffis ffmost fflikely ffto ffbe ffa ffrole ffin ffa ffretail ffcareer?
A. ffBuyer
B. ffMechanic
C. ffBabysitter
D. ffTherapist ff- ffAnswer ffA. ffBuyer
From ffthe fflist ffbelow, ffselect ffthe ffbusiness ffin ffthe ffretail ffindustry.
A. ffDoctor's ffoffice
B. ffDepartment ffstore
C. ffCar ffRepair ffShop
D. ffCity ffPark ff- ffAnswer ffB. ffDepartment ffStore
A ffPerson ffor ffa ffcompany ffthat ffsells ffgoods ffand/or ffservices ffto ffa ffcustomer ffis ffcalled
ffa
A. ffseller
B. ffcustomer
C. ffconsumer
D. ffretailer ff- ffAnswer ffD. ffretailer
What's ffconsidered ffa ffretail ffservice?
A. ffCar ffwash
B. ffNew ffcar
C. ffCar ffengine ffrepair
D. ffNew ffcar fftires ff- ffAnswer ffA. ffCar ffwash
What ffitem ffis ffa ffretail ffproduct?
A. ffCar fftire ffwarranty
B. ffCar fftire ffrepair
C. ffCar fftire
D. ffCar fftire ffinstallation ff- ffAnswer ffC. ffCar fftire
Which ffof ffthe fffollowing ffskills ffare ffmost ffhelpful fffor ffa ffsalesperson?
A. ffActive fflistening ffand ffcommunication
, B. ffQuickness ffand ffaccuracy
C. ffAddition ffand ffsubtraction
D. ffCreativity ffand ffjudgement ff- ffAnswer ffA. ffActive fflistening ffand ffcommunication
The ffphysical ffgoods ff(that ffcan ffbe fftouched) ffthat ffcan ffbe ffbought ffand ffsold:
A. ffServices
B. ffProducts
C. ffItems
D. ffCommerce ff- ffAnswer ffB. ffProducts
Buys fflarge ffquantities ffof ffproduct fffrom ffmanufacturers ffand ffsells ffthem ffto ffretailers:
A. ffWholesaler
B. ffService ffSeller
C. ffFranchiser
D. ffWarehouse ff- ffAnswer ffA. ffWholesaler
What fforganization ffoversees ffand ffcontrols ffworkplace ffsafety ffregulations?
A. ffSOTP
B. ffFLSA
C. ffFMLA
D. ffOSHA ff- ffAnswer ffD. ffOSHA
In ffthe ffretail ffproduct ffcycle, ffwhat ffstep ffcomes ffafter ffdistribution ffof ffproducts?
A. ffSelling
B. ffSelection
C. ffAllocation
D. ffDistribution ff- ffAnswer ffA. ffSelling
The ffperiod ffkey ffterm ffin ffretail fffor ffa ffperiod ffof fftime ffthat ffan ffitem ffremains ffusable,
ffor fffit fffor ffconsumption, ffis ffcalled:
A. ffExpiration
B. ffShelf ffLife
C. ffInventory
D. ffSpoiled ff- ffAnswer ffB. ffShelf ffLife
The ffterm fffor ffdistributing ffmerchandise fffrom ffthe ffmanufacturer ffto ffretail fflocations ffis
ffcalled:
A. ffReceiving
B. ffRefreshing
C. ffUpdating
D. ffAllocation ff- ffAnswer ffD. ffAllocation
When ffdistribution ffteam ffmembers ffuse ffreplenishment ffreports ffto ffretrieve ffquantities
ffof ffitems ffto ffbe ffsent ffto ffstores ffthey ffare:
A. ffPacking
B. ffPicking
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