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