Types of Retail Outlets

Types of Retail Outlets

9th - 12th Grade

10 Qs

quiz-placeholder

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Types of Retail Outlets

Types of Retail Outlets

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Ariella Santacruz

Used 6+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following terms describes retail?

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

30 sec • 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

30 sec • 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

30 sec • 1 pt

Which of the following is NOT an example of distance retailing?

Websites

Informercials

Catalogs

Door-to-door retailing

6.

MULTIPLE CHOICE QUESTION

30 sec • 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

Farmers Markets

Flea Markets

Trade days

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