Retailing

1. It came from the old French word "tailer"-which means to cut-off.

• a. Tailor

• b. trailer

• c. retailing

2. Retailing helps what kind of people?

• a. People with high income

• b. people with small income

• c. people with no income

3. Is to transfer goods in return for money.

• a. buying

• b. selling

• c. advertise

4. Is the money or assets recieved.

• a. inventory

• b. gift

• c. income

5. Are merchandise to be bought.

• a. dozen

• b. goods

• c. bulk

It is a retail store organized on a departmental basis and carries a wide variety of merchandise with dry goods as one of its major lines.

• retail store

• sari-sari store

• department store

• convenient store

A sari-sari store is a type of retail store carries only one line of merchandise.

• TRUE

• FALSE

- This should be obtained before the business operates.

• type of merchandise

• business permit

• location

This is the price of the merchandise.

• cost

• capital

• profit

It is the amount added to the cost price of your merchand ise.

• profit

• selling price

• mark up