Types of Retail Outlets

Types of Retail Outlets

8th - 9th Grade

20 Qs

quiz-placeholder

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Types of Retail Outlets

Types of Retail Outlets

Assessment

Quiz

Business

8th - 9th Grade

Medium

Used 34+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following terms describes retail?

Individually selling products directly to the customer

The sale of products in bulk directly from the manufacturer

Locations where manufacturers distribute and sell their goods

Large self-service grocery stores

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following terms describes wholesale?

Individually selling products directly to the customer

The sale of products in bulk directly from the manufacturer

Locations where manufacturers distribute and sell their goods

Large self-service grocery stores

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a niche market?

A store which has developed branches offering the same product in different locations

Locations where manufacturers distribute and sell their goods through retailers

An open-air form of retail outlet which often includes multiple sellers gathering in a central location at a designated time

A specialized area of sales targeting a specific group rather than the mass

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is true of a non-franchised chain?

Are owned and operated by an individual owner rather than the company

Are owned by the company and run by a manager hired by the parent company

Generate more profit than franchise chains

Explain how a mall in one state has many of the same stores and products as a mall in another state

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT an example of distance retailing?

Websites

Infomercials

Catalogs

Door-to-door retailing

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is an example of party retailing?

Mary-Kay Cosmetics®

Wal-Mart®

Target®

Miss Me Jeans®

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an example of street markets?

Online retailers

Farmer’s markets

Flea markets

Trade days

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