Retail

What is the definition of "retailing"?

• The process of promoting a product

• a set of business activities that adds value to the products and services sold to consumers for their personal or family use

• The process of manufacturing products

What is a retailer?

• A person who designs products

• A person who manufactures products

• . A person who sells products to consumers

What is a discount store?

• A store that offers high-end products at discounted prices

• A store that offers low-end products at discounted prices

• . A store that sells products at regular prices

What is a retail price?

• The price a store charges for a produc

• The price a manufacturer charges for a product

• The price a marketer charges for a product

What is an e-commerce store?

• A store that only sells in physical locations

• A store that sells online

• A store that sells both online and in physical locations

What is a department store?

• A store that sells only one type of product

• A store that sells a wide variety of products

• A store that only sells online

What are the 4 distribution channel in retailing?

• Manufacturer

• Wholesaler

• Seller

• Retailer

• Consumer

Which type of retailer is known for selling products in bulk?

• Specialty store

• Supermarket

• Warehouse club

• Discount store

Which of the following is not a type of retailer?

• Department store

• Supermarket

• Manufacturing store

• Discount store

Which of the following is not a type of retailer?

• Department store

• Supermarket

• Manufacturing store

• Discount store