Retail Fundamentals Review

Front

Which item is considered a retail product? Options: Air Conditioner Repair, New Air Conditioner, Extended Warranty on an Air Conditioner

Back

New Air Conditioner

Front

The period of time an item remains useable, or fit for consumption

Back

Shelf Life

Front

A large facility that manufacturers send large quantities of product to then distributed to stores.

Back

Distribution Center

Front

When distribution team members use replenishment reports to retrieve quantities of items to be sent to store are.

Back

Picking

Front

Who is responsible for making sure the safety exits aren't blocked and are free to be used in an emergency?

Back

Retail Employee

Front

A customer makes a purchase and their transaction total is $21.47. The customer pays with $50.00 in cash. How much change should they receive?

Back

$28.53

Front

What organization oversees and controls workplace safety regulations?

Back

OSHA

Front

What does the "R" in SMART Goal Setting stand for?

Back

Results-Oriented

Front

Which functional area in a retail store usually manages the on-site revenue generation, administration, and reports on the center's expenses?

Back

Finance

Front

Where are you most likely to find your company's policies and procedures?

Back

In an employee handbook