What is the purpose of the allocation step in the retail product cycle?

To assign products to the right locations

To distribute products to stores

What is the first step in the selling process according to the document?

Access customer's needs and wants

What should you do when handling multiple customers?

Re-engage with the first customer

What does "total transactions" refer to in retail operations?

Number of transactions processed

What is the definition of "merchandising" in retail?

The process of selecting and promoting products

The process of hiring employees

The process of managing finances

The process of customer service

What is "visual merchandising"?

Presenting products attractively to drive sales

Tracking inventory using barcodes

Calculating total sales dollars

Which of the following is NOT listed as a responsibility for safety, security, and property loss?

Responding to customer complaints

Responding to medical emergencies

What is the role of anti-theft techniques mentioned in the document?

To improve employee satisfaction

What is the importance of sales in the context of the document?

Sales are part of any retail business and making money

Sales are primarily for customer satisfaction

Sales are mainly for inventory management

Sales are focused on employee training

Rise Up Retail Review

Quiz

•

Other

•

12th Grade

•

Practice Problem

•

Medium

Stephanie Grimes

Used 7+ times

FREE Resource

35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of selling products and/or services to earn a profit called?

Retail

Wholesale

Manufacturing

Distribution

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are the people that purchase goods or services from a business?

Customers

Retailers

Manufacturers

Wholesalers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are physical goods that are bought or sold, also known as merchandise?

Products

Services

Retail

Franchise

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of transactions are intangible and include services like lawn mowing and haircuts?

Services

Products

Retail

Wholesale

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for multiple buying options that are separate?

Multi-Channel Retailing

Omni-Channel Retailing

Wholesale

Manufacturing

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of retailing involves seamless and interconnected buying options?

Omni-Channel Retailing

Multi-Channel Retailing

Wholesale

Manufacturing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who produces finished products and is the place that makes or grows the products?

Manufacturer

Retailer

Wholesaler

Franchise

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever

or continue with

Microsoft

Apple

Others

Already have an account?

Similar Resources on Wayground

0 questions

1.2 Understanding the Customer

Quiz

•

0 questions

RC: Chap #5 Consumer Awareness Review Test

Quiz

•

0 questions

Business Quiz 10-19-23

Quiz

•

0 questions

Dave Ramsey - Chapter 5 - Consumer Awareness

Quiz

•

0 questions

Ramsey Vocab Chapter 5

Quiz

•

0 questions

Entrepreneurship and Small Business Practice Test Questions #6

Quiz

•

0 questions

Retail Merchandising

Quiz

•

0 questions

Business of Retail

Quiz

•

Popular Resources on Wayground

5 questions

This is not a...winter edition (Drawing game)

Quiz

•

1st - 5th Grade

25 questions

Multiplication Facts

Quiz

•

5th Grade

10 questions

Identify Iconic Christmas Movie Scenes

Interactive video

•

6th - 10th Grade

20 questions

Christmas Trivia

Quiz

•

6th - 8th Grade

18 questions

Kids Christmas Trivia

Quiz

•

KG - 5th Grade

11 questions

How well do you know your Christmas Characters?

Lesson

•

3rd Grade

14 questions

Christmas Trivia

Quiz

•

5th Grade

20 questions

How the Grinch Stole Christmas

Quiz

•

5th Grade

Discover more resources for Other

26 questions

Christmas Movie Trivia

Lesson

•

8th Grade - Professio...

15 questions

Christmas Song Emoji Pictionary

Quiz

•

7th - 12th Grade

20 questions

Christmas Movies

Quiz

•

1st - 12th Grade

55 questions

CHS Holiday Trivia

Quiz

•

12th Grade

20 questions

Christmas Movie Trivia

Quiz

•

9th - 12th Grade

29 questions

christmas facts

Lesson

•

5th - 12th Grade

20 questions

Christmas Trivia

Quiz

•

5th - 12th Grade

20 questions

Stages of Meiosis

Quiz

•

9th - 12th Grade

Rise Up Retail Review

35 questions

What is the process of selling products and/or services to earn a profit called?

Who are the people that purchase goods or services from a business?

What are physical goods that are bought or sold, also known as merchandise?

What type of transactions are intangible and include services like lawn mowing and haircuts?

What is the term for multiple buying options that are separate?

What type of retailing involves seamless and interconnected buying options?

Who produces finished products and is the place that makes or grows the products?

Who purchases large quantities from the manufacturer and sells smaller amounts to retailers?

What type of retail ownership is typically a single store or small regional chain?

What type of business is owned by shareholders through publicly traded stock?

Create a free account and access millions of resources

Similar Resources on Wayground

Popular Resources on Wayground

Discover more resources for Other