Mock Test 5

1. The word Retail is derived from the—– word


2. Who is the last link in the chain connecting the producer and customer ?


3. Which statement is not a benefit of formulating a retail strategy?


4. Consumers acquiring product through mail, telephone, or computer orders is referred to as _____.


5. In which of the following retailers are salespeople ready to assist in every phase of the locate-compare-select process?


6. Which of the following is the major reason consumers give for shopping online?


7. A retailer’s ______________ is the key to its ability to attract customers.


8. Independent retailers who use a central buying organization and joint promotional efforts
are called a


9. No middle men is involved in –


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


Question 1 of 10