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Exam (elaborations)

Rise up Exam/10 Questions with complete Answers

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Rise up Exam/10 Questions with complete Answers

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  • November 11, 2023
  • 1
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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Victorious23
Rise up Exam/10 Questions with
complete Answers
which of the following is a term for physical goods that are bought and sold?
- -Product

-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? - -
Customers

-Which of the following is a term for intangible things, such as providing
delivery, that are sold by retailer? - -Services

-What kinds of things does a manufacturer produce? - -Finished Products

-Which of the following holds large quantities of product that are later sent
either to retail locations or directly to customers? - -Distribution Center

-Which of the following terms best describes a grower of potatoes? - -
Manufacturer

-The majority of retailers are: - -Independently owned

-Which of the following is a term for the retailing approach that places the
focus on creating a seamless shopping experience for customers by
integrating multiple channels? - -Omnichannel

-Which of the following is the standard definition of a retail ecosystem? - -
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? - -
20-25%

-

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