Merchandising Business: Pre/Post Test

A __________ business buys goods (such as computers, clothing, and furniture) and then sells those goods to customers for a profit.

• Wholesaler

• Merchandising

• Service

• Retailer

It is the product or good that you are selling.

• Supplies

• Inventory

• Cash

• Prepaid Expense

It is the original cost of the product you have sold

• Purchases

• Merchandise Inventory

• Cost of Goods Sold

• Sales

Which of the following is NOT typically a form of communication for business employees.

• Team meeting

• Social Media

• Conference Call

• Email

Effective communication can usually be achieved by following which of the following guidelines?

**There is more than one correct answer.**

• Establish and maintain eye contact.

• Try to send a clear message.

• Be receptive to what others say.

• Wait for the other person to finish talking.

A communication barrier is anything that prevents us from receiving and understanding the messages

• True

• False

Ethics are...

• An understanding between two people.

• Being the very best at something.

• Feelings of pity and sorrow for someone else's misfortune.

• Moral principles that govern a person's behavior.

An unethical practice would be a firm not providing its workers with a _____________ working environment.

• Child

• Pay

• Ethics

• Safe

Which of the following questions should NOT be taken into consideration when listing all the alternatives and consequences to solve an ethical problem?

• Is it legal?

• Does it fit my personal values?

• Who will be affected?

• Does it benefit me personally?