Free Mock Test

1. The retailer is usually in an excellent position to


2. All of the following are types of non store retailing, except


3. Person to person interaction between a retailer and a prospective customer is:


4. Which is not considered one of the elements of “managing a business” in a retail strategy?


5. A systematic procedure for analyzing the performance of a retailer is called:


6. Any source of products or services for consumers is referred to as a _____.


7. A_____ fee is the charge many supermarkets impose for accepting a new brand to cover
the cost of listing and stocking it.


8. Those aspects of business that a retailer can directly affect, such as store hours and merchandise lines carried are referred to as:


9. In the distribution channel … has the direct touch with consumers.


10. During each stage in the development of a retail strategy, retail managers should:


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