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Retail Fundamentals Part 1 Test

Authored by Kathy Ross

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Professional Development

Used 1+ times

Retail Fundamentals Part 1 Test
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The period of time that an item remains usable or fit for consumption

shelf life

spoiled

inventory

expiration

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person or a company that sells goods and/or services to a customer

shopper

consumer

seller

retailer

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the retail product cycle, what step comes after the distribution of products?

selection

distribution

selling

allocation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which item is a retail product?

car tire installation

car tire warranty

car tire

car tire repair

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tangible goods that can be bought and sold

items

products

commerce

services

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do we call items that can be touched?

tangible

intangible

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What's considered a retail service?

new car tires

new car

car wash

car engine repair

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