HELE 5 : Q1 Summative Assessment

A person who takes financial risks hoping to get profit out of his business.

• consumer

• entrepreneur

• merchant

• retailer

It is a type of business by ownership which operated by one person.

• partnership

• small-business

• sole-proprietorship

• corporation

Retailing helps the government to _______economically.

• social

• plan

• avail

• grow

It is a complete list of goods or items in stock.

• income

• bulk

• inventory

• dozen

Which of the following does not belong to the importance of retailing?

• Does not provide livelihood to the people.

• Provides services to the people with their immediate needs.

• It adds income to the family.

• Helps the distribution of goods to other places.

It is a type of retail store that sell different products which the customers instantly availed by inserting coins or bills in the machine.

• grocery store

• department store

• vending machine

• supermarket

It is a single line store and has a specialized product offer to the customer.

• specialty store

• online shopping

• sari-sari store

• supermarket

It is a type of retail ownership which is buying the right to use a name, product, concept and business plan.

• franchising

• networking marketing

• dealership

• independent retailer

Mrs. San Juan is selling her product through internet. Which type of ownership does she uses?

• franchising

• networking

• dealership

• independent retailer

Shammah is doing her shopping online to avoid traffic and crowded mall. She is using her credit card in paying the merchandise. What method of selling does Shammah is using?

• lay away sale

• online shopping

• installment

• cash sale