Retailing and Wholesaling Quiz

What is retailing?

• Selling products to businesses

• Selling products directly to final consumers

• Selling products to wholesalers

• Selling products in bulk

Which of the following is an example of non-store retailing?

• Specialty store

• Department store

• Online retailing

• Supermarket

What type of retailer provides full service to customers?

• Self-service retailer

• Limited-service retailer

• Full-service retailer

• Discount store

Which type of store carries a wide variety of product lines?

• Specialty store

• Department store

• Convenience store

• Superstore

What is a characteristic of warehouse clubs?

• Small convenience goods

• Full-service assistance

• Limited selection of brand name items

• High-end specialty goods

Which of the following is a type of wholesaler that does not take title of goods?

• Merchant wholesaler

• Limited-service wholesaler

• Agent

• Full-service wholesaler

What is the primary function of wholesalers in bulk breaking?

• Providing credit to retailers

• Delivering goods to consumers

• Buying in large lots and selling in smaller quantities

• Selling goods at retail prices

Which type of retailer is known for selling standard merchandise at lower prices?

• Specialty store

• Supermarket

• Discount store

• Full-service retailer

What is a key function of wholesalers related to market information?

• Offering credit to customers

• Absorbing risks

• Providing delivery services

• Giving information about competitors and new products

Which of the following is an example of a full-service retailer?

• 7-Eleven

• Gucci

• IKEA

• Daiso