Exam (elaborations)
NRF Certificate Test - Questions With Accurate Solutions (Pass!)
- Course
- Institution
NRF Certificate Test - Questions With Accurate Solutions (Pass!)
[Show more]
Content preview
NRF Certificate Test - Questions With AccurateSolutions (Pass!)
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 Right Ans - c. distribution center
What kinds of things does a manufacturer produce?
a. raw material
b. fossil fuels
c. services
d. finished products Right Ans - d. finished 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 Right 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 Right Ans - c. services
Which of the filling is a term for physical goods that are bought and sold?
a. sales
b. products
c. pricing
d. services Right Ans - b. products
Which of the following terms best describes a grower of potatoes?
manufacturer
, wholesaler
distribution center
retailer Right Ans - manufacturer
The majority of retailers are:
- independently owned
- corporations
- franchises
- online onlu Right 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 Right 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 Right
Ans - retail ecosystem
Approximately what percentage of the U.S. jobs are retail jobs, as of 2019?
Right 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 Right 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 Right Ans - impulse buyers
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Studyhall. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81113 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now