Exam (elaborations)
NRF Certificate Test: Questions & Solutions
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- NRF Certificate
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- NRF Certificate
NRF Certificate Test: Questions & Solutions
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NRF Certificate Test: Questions & Solutionswhich of the filling is a term for physical goods that are bought and sold?
a. sales
b. products
c. pricing
d. services Ans - 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?
a. manufacturers
b. wholesalers
c. buyers
d. customers Ans - d. customers
which of the following is a term for intangible things, such as providing
delivery, that are sold by retailers?
a. gifts
b. training
c. services
d. products Ans - c. services
what kinds of things does a manufacturer produce?
a. raw material
b. fossil fuels
c. services
d. finished products Ans - d. finished products
which of the following holds large quantities of product that are later sent
either to retail locations or directly to customers>
a. manufacturer
b. wholesaler
c. distribution center'
d. retailer Ans - c. distribution center
which of the following terms best describes a grower of potatoes?
manufacturer
wholesaler
, distribution center
retailer Ans - manufacturer
the majority of retailers are:
- independently owned
- corporations
- franchises
- online onlu Ans - independently owned
which of the following is the term for the retailing approach that places focus
on creating a seamless shopping experience for customers by integrating
multiple channels?
- multichannel
- omni channel
- integrated channel
- seamless channel Ans - omni channel
an interconnected system approaches for meeting the goal of retailing, which
is to provide customers with the merchandise and services they want Ans
- retail ecosystem
approximately what percentage of the U.S. jobs are retail jobs, as of 2019?
Ans - 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.
- innovation/trend buyers
- impulse buyers
- recreational buyers
- comparison shoppers Ans - comparison shoppers
these customers tend to make quick purchase decisions, often buying
inexpensive items that are not of high importance.
- innovation/trend buyers
- impulse buyers
- recreational buyers
- comparison shoppers Ans - impulse buyers
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