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Retailing Quiz

Authored by Honey Villanueva

Business

University

Used 1+ times

Retailing Quiz
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary role of a retailer in a supply chain?

Manufacturing products

Selling products and services to consumers

Shipping products to wholesalers

Providing raw materials

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following activities adds value to products sold in retailing?

Providing an assortment of goods

Reducing prices

Decreasing inventory

None of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is backward integration?

Retailers form partnerships with other retailers

Retailers own some or all of their suppliers

Retailers diversify into unrelated businesses

Retailers only sell products online

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which country is the retail market the largest in the world?

India

China

United States

Germany

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of U.S. GDP comes from retailing?

5.5%

10%

15%

20%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for retailers that provide a limited variety and assortment of merchandise at a convenient location?

Supermarkets

Discount Stores

Convenience Stores

Department Stores

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a full-line discount store?

Walmart

Starbucks

IKEA

Uniqlo

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