Quiz on Retail

Which of the following is not the function of a small retailer?

• Supplying goods to the final consumers

• Breaking goods into small units

• Granting credit to known customers

• Selling in large quantities

Retail outlets which sell from specialized vans are

• Supermarkets

• Multiple shops

• Department stores

• Mobile shops

Which of the following functions is not performed by a small retailer?

• Selling in units to consumers

• Financing producers

• Stocking varieties of goods

• Selling goods on credit

Small units shops continue to exist inspite of stiff competitions by large stores because they

• are located near large shops

• employ traveling salesmen

• maintain personal contact with their customers

• buy in bulk and sell at cheaper rate

____________ is a form of retail trade whereby traders carry their goods on their head and move from one point to another to locate their customers.

• Head selling

• Roadside trade

• Hawking

• Self-service

Which of the following functions is not performed by a retailer?

• Insuring goods for customers

• Stocking varieties of goods

• Breaking bulk

• Ensuring regular stock for consumers

Which of the following is an example of itinerant trading?

• Mobile shops

• Mail order business

• Stall holding selling from kiosk

The selling of goods in small quantities is normally performed by

• Chamber of commerce

• Distributors

• Retailers

• Wholesalers

One of these is not to be considered when setting up a retail trade.

• Capital

• Location of business

• Terms of trade

• Goods to be produced

The last middleman in the chain of distribution is the

• Wholesaler

• Agent

• Retailer

• Consumer