POP QUIZ ON RETAILING

_________ owned by a single person or partnership and not operated as larger retail institution.

• Franchise

• Chain Store

• independent retailer

• dependent retailer

Kedai Runcit Pak Abu is example of _________________.

• chain stores

• franchise

• independent retailer

• dependent retailer

Which of the following is NOT the classification of retail operation?

• Ownership

• Product assortment

• Level of services

• Level of management

_________ are owned and operated as a group by a single organization.

• franchise

• independent retailer

• dependent retailer

• Chain stores

____________ can be defined as a miniature supermarket, carrying only limited line of high-turnover convenience goods.

• supermarkets

• specialty store

• department store

• convenience store

Metrojaya and Parkson are examples of _____________.

• department store

• specialty store

• supermarkets

• drugstores

Giant and Tesco are examples of ___________.

• supermarkets

• department store

• convenience store

• specialty store

____________allow retailers to refine their segmentation strategies and tailor their merchandise to specific target markets.

• department store

• specialty store

• supermarkets

• drugstores

Which of the following is a characteristic of a convenience store?

• Wide product assortment

• Extended operating hours

• High-end merchandise

• Large store size

_________ are retail establishments that sell products directly to consumers through a network of stores.

• online retailers

• chain stores

• independent retailers

• franchises