RETAIL PREFI

RETAIL PREFI

1st Grade

20 Qs

quiz-placeholder

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RETAIL PREFI

RETAIL PREFI

Assessment

Quiz

Other

1st Grade

Practice Problem

Medium

Created by

Kristabelle Jingco

Used 2+ times

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20 questions

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1.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Designed, produced, and marketed by a vendor and sold by

many retailers

2.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Developed by a retailer and only

sold in the retailer’s outlets

3.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Comparable to, even superior to, manufacturer’s brand quality, with modest

price savings

4.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Target a price-sensitive segment by offering a

no-frills product at a discount price

5.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Imitate the manufacturer’s brand

in appearance and packaging, perceived

as lower quality, offered at a lower price

6.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

Developed by a national brand vendor and sold exclusively by the retailer

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A concentration of vendors within a specific

geographic location.

Wholesale Market

Market Weeks

Trade Shows

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