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Introduction to Retail Management Session 1

Authored by SH BHD

Business, Professional Development, Education

Professional Development

Used 6+ times

Introduction to Retail Management Session 1
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10 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Mr Andrews runs a retailing shop that exclusively sells Heinz's 500 ml ketchup. He takes in bulk orders form manufacturers and allows customers to purchase any quantity of products. His shop is well stocked all year round and offers multiple payment methods for consumers. Mr Andrews retail shop demonstrates the following values except

Product Assortment

Breaking Bulk

Holding Inventory

Providing Services

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following does not show the social and economic significance of retailing?

Fresh Goods Sdn Bhd uses biodegradable packaging to package their products as a strategy for Corporate Social Responsibility

Papers and Boxes CO. generates more than 2 Billion Sales quarterly.

Surgical Supplies Sdn Bhd utilizes fully automated processes and machinery to reduce labor and manpower requirements.

Bake With Dan currently operates in more than 100 countries with at least 15 stores nationwide.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is true with regards to the types of integration seen in the supply chain?

Vertical Integration - A firm performs one set of activity in supply chain

Backward Integration - Occurs when retailers are involved solely in retailing activities

Horizontal Integration - A firm performs more than one set of activities in supply chain

Forward Integration - Occurs when a manufacturer undertakes retailing activities

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

UNIQLO is a company that focuses on clothing and apparel for all ages. Which of the following would be considered an Intertype competition towards UNIQLO?

 Levi Strauss & CO. - An american clothing and apparel company

MUJI - A company that sells a wide variety of household goods and consumer goods including apparels, kitchen appliances and stationeries.

POPULAR - A company that focuses on selling stationeries and books.

Hennes & Mauritz Ab (H&M) - A company that focuses on fast-fashion clothing and apparels for all ages.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

5. Which of the following are TRUE with regards to retail opportunities:

I Retail Managers

II Sales Associate

III Market Analyst

IV Information technology

I, II & III

 II, III & IV

None of the Above

All of the Above

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Maybank, A Malaysian universal bank can be considered as which of the following?

Service Retailing

Store Retailing

Non-store retailing

Not a retailer

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Melissa’s Fixes is a home improvement retail store that focuses on selling home improvement products such as electrical tools, plumbing tools, garden tools etc. Products that are not related to home improvement will not be found in Melissa’s Fixes. Melissa’s Fixes would be considered as a  _______________________

Convenience Store

Specialty Store

Departmental Store

Hypermarket

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