Which of the following terms describes retail?

Types of Retail Outlets

Quiz
•
Business
•
8th - 9th Grade
•
Medium
Used 34+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
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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