Retailing Concepts Quiz#1

What is retailing?

• Selling products to businesses

• Selling products to the general public

• Manufacturing goods

• Distributing products to wholesalers

What are outlets in retailing?

• Manufacturers

• Wholesalers

• Shops or stores

• Distribution centers

What is a hypermarket?

• A small retail store

• A store with parking facilities

• A store over 30,000 square meters

• A store under 30,000 square meters

Which of the following is NOT typically found in a shopping center?

• Retail chains

• Distribution centers

• A variety of stores

• Outlets

What is a key characteristic of a superstore?

• Over 50,000 square meters in size

• Located in urban centers only

• Under 30,000 square meters in size

• Specialized in one type of product

What is meant by 'retail park'?

• A park with retail stores

• A shopping center with small outlets

• A location with multiple large stores

• A place with entertainment facilities

How do large retailers typically operate?

• Only in rural areas

• Only online

• From out-of-town locations with parking facilities

• Exclusively in city centers

What is a key advantage of hypermarkets?

• Low operating costs

• Prime urban locations

• Large parking facilities

• Limited product selection

Which of the following is true about retail chains?

• They are typically found in rural areas

• They offer a standardized selection of products

• They do not have a physical presence

• They specialize in luxury goods

What is a common feature of shopping centers?

• They are usually located in remote areas

• They contain a large variety of stores

• They focus on selling only food products

• They do not offer parking facilities