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Riseup Study Guide With Complete Solutions Latest Update
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Riseup Study Guide With Complete Solutions Latest Update
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Riseup Study Guide WithComplete Solutions Latest Update
which of the following is a ter for physical goods that are bought and sold?
Answer: b. products
which of the following is a standard term that describes the audience of retail
stores- that is, the people who will buy from the store? Answer: d. customers
which of the following is a term for intangible things, such as providing delivery,
that are sold by retailers? Answer: c. services
what kinds of things does a manufacturer produce? Answer: d. finished
products
which of the following holds large quantities of product that are later sent either
to retail locations or directly to customers? Answer: c. distribution center
which of the following terms best describes a grower of potatoes? Answer: a.
manufacturer
the majority of retailers are: Answer: a. independently
which of the following is the term for the retailer approach that places the focus
on creating a seamless shopping experience for customer by integrating multiple
channels? Answer: b. omnichannel
, which of the following is the standard definition of a retail ecosystem? Answer:
a. 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 US jobs are retails jobs, as of 2019? Answer:
c. 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 Answer: d.
comparison shopper
these customers tend to make quick purchase decisions, often buying inexpensive
items that are not to high important to them Answer: b. impulsive buyers
these customers tend to spend a lot of time checking out products and prices
through online sites, visiting different stores and comparing retailer ads Answer:
d. comparison shoppers
these customers view shopping as a fun occasion, so shopping does not
necessarily include making a purchase Answer: c. recreational shoppers
these customers have an early adopter mindset, and want to be recognized as
trendsetters by others Answer: a. innovation/trend buyer
these shoppers have typically enjoyed repeated and valued positive customer
experiences with a particular retailer Answer: a. loyal customers
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