Retail Management

The word retail has been derived from the which french word ?

• Re-tailor

• Re-teller

• Re- tailier

• Re-tailler

Who is a retailer?

• who manufactures goods

• who supplies goods in small quantities

• who supplies goods in bulk

• who advertises goods

Retailing includes

• the sale of goods which are tangible

• the sale of goods which are intangible

• not only sale of tangible goods but also covers the sale of intangible goods

• None of the above

The examples of service retailers can be ?

• Dry cleaners

• Beauty salons

• Tailor shop

• All of these

Retailing creates......

• Time utility

• Place utility

• Ownership utility

• All of these

Which type of retail store is it?

• traditional store

• small scale retailing

• super market

• departmental store

______retailers are those retailers that sell merchandise and services through more than one channel.

• Organized
• Unorganized
• Single
• Multichannel

Hypermarkets are a combination of supermarket and department store.

• True

• False

He said that retailing includes all activities in selling goods or services to the final consumers for personal, non-business use.

• Sam Walton

• Phillip Kotler

• FW Taylor

• Adam Smith

A retailer sell raw materials.

• True

• False