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NRF RETAIL INDUSTRY FUNDAMENTALS EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS A+ GRADED PACKAGE DEAL
NRF RETAIL INDUSTRY FUNDAMENTALS EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS A+ GRADED PACKAGE DEAL
[Show more]NRF RETAIL INDUSTRY FUNDAMENTALS EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS A+ GRADED PACKAGE DEAL
[Show more]A retail business, owned by shareholders and have centralized decision making for their multiple store locations is called - ANS corporation 
 
In the retail product cycle, what step comes after distribution and products? - ANS selling 
 
What item is a retail product - ANS car tire 
 
A large...
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Add to cartA retail business, owned by shareholders and have centralized decision making for their multiple store locations is called - ANS corporation 
 
In the retail product cycle, what step comes after distribution and products? - ANS selling 
 
What item is a retail product - ANS car tire 
 
A large...
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 would NOT be a factor that affects which produc...
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Add to cartWhat 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 would NOT be a factor that affects which produc...
Account Takeover - ANS A type of economic fraud in which thieves steal customer login information and then use it to access their retailer loyalty accounts. Also called loyalty fraud. 
 
Active Listening - ANS A structured from of listening and responding that focuses the attention on the speake...
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Add to cartAccount Takeover - ANS A type of economic fraud in which thieves steal customer login information and then use it to access their retailer loyalty accounts. Also called loyalty fraud. 
 
Active Listening - ANS A structured from of listening and responding that focuses the attention on the speake...
products - ANS physical goods that you can buy and sell 
 
services - ANS things that you pay for--someone's expertise--they are intangible things 
 
retail - ANS the process of selling products and services to customers in order to earn a profit 
 
customers - ANS people who purchase goo...
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Add to cartproducts - ANS physical goods that you can buy and sell 
 
services - ANS things that you pay for--someone's expertise--they are intangible things 
 
retail - ANS the process of selling products and services to customers in order to earn a profit 
 
customers - ANS people who purchase goo...
brick-and-mortar - ANS the presence of a physical storefront and face-to-face customer experiences 
 
closeout stores - ANS off-price stores that offer an assortment of brand-name merchandise at a significant discount off the manufacturer's price 
 
commercial cue - ANS advertising message ...
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Add to cartbrick-and-mortar - ANS the presence of a physical storefront and face-to-face customer experiences 
 
closeout stores - ANS off-price stores that offer an assortment of brand-name merchandise at a significant discount off the manufacturer's price 
 
commercial cue - ANS advertising message ...
Retailer - ANS A person or company that sells goods and/or services to customers 
 
Wholesaler - ANS Buys large quantities of product from manufacturers and sells them to retailers 
 
Shelf life - ANS Refers to the amount of time an item remains usable, salable or fit for consumption 
 
The Re...
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Add to cartRetailer - ANS A person or company that sells goods and/or services to customers 
 
Wholesaler - ANS Buys large quantities of product from manufacturers and sells them to retailers 
 
Shelf life - ANS Refers to the amount of time an item remains usable, salable or fit for consumption 
 
The Re...
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