FSO Revision MCQ

Which one of the following is a feature of the direct selling distribution channel?

• Buying in bulk

• Selling to retailers

• Selling to wholesalers

• Selling from door-to-door

The prices of flowers are affected by the following factors EXCEPT

• seasons

• new varieties

• weather conditions

• transportation methods

When marking a price tag, which one of the following statements is NOT true?

• The price tag usually contains a bar code.

• The price tag displays the supplier's code.

• The price tag can be attached on the product using glue.

• The price tag should not cover important information of the product.

When there is a mistake in price, the retailer should

• offer a discount.

• change the price tag.

• change the pricing objectives.

• match the competitor's prices.

Tiffany packs the soft toys in her florist shop in plastic so as to

• locate them easily.

• maximise shelf space.

• protect them from dust or stains.

• prevent them from being stolen easily.

To practice the FIFO (First-In-First-Out) principle, a florist should place the

• old stock in front of the shelf.

• new stock in front of the shelf.

• new stock at the top of the shelf.

• old stock at the back of the shelf.

To ensure that the shelves are well-stocked, florists should

• remove the slow-selling items.

• replenish the fast-selling items.

• replenish with more silk flowers.

• ask the customers what they like.

When goods are delivered to the florist's shop, it is important to check the items delivered carefully. Which one of the following is NOT an acceptable reason for returning goods?

• The florist placed a wrong order.

• The goods were damaged or spoilt.

• The florist found a lower price elsewhere.

• The quality of goods delivered was unacceptable.

Inventory refers to a detailed list of all the items that are

• stolen

• expired

• in stock

• damaged

Blooms Florist discovered that their inventory has been reducing in the past few months. Which one of the following is NOT a possible cause?

• Damage

• Discount

• Spoilage

• Theft