Welcome to Retail

Welcome to Retail

Assessment

Flashcard

Business

9th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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14 questions

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1.

FLASHCARD QUESTION

Front

During a school project, Aria and Benjamin decide to set up a small stall to sell handmade crafts. Which of the following terms best describes the handmade crafts in this scenario?

Back

Products

2.

FLASHCARD QUESTION

Front

Luna is starting a business that involves going to people's homes to groom their pets. Which of the following terms best describes the intangible things that Luna's business provides? Gifts, Training, Services, Products

Back

Services

3.

FLASHCARD QUESTION

Front

Which of the following terms best describes someone who grows potatoes? Manufacturer, Wholesaler, Distribution Center, Retailer

Back

Manufacturer

4.

FLASHCARD QUESTION

Front

Manufacturer --> Wholesaler --> Retailer --> Customer
This is an example of?

Back

A Distribution Channel

5.

FLASHCARD QUESTION

Front

What kind of things does a manufacturer produce?

Back

Finished Products

6.

FLASHCARD QUESTION

Front

Approximately what percentage of U.S jobs were retail jobs in 2019? Options: 5-10%, 10-15%, 20-25%, 35-40%

Back

20-25%

7.

FLASHCARD QUESTION

Front

Arjun is planning to start a business that sells handmade crafts directly to consumers through an online platform. Which of the following terms best describes Arjun's business model? Wholesaler, Manufacturer, Retailer, Customers

Back

Retailer

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