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LESSON 2: RETAILING

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

Retailing is important in the community because of the following reasons, except for one:

a)

It gives service to the people by selling foods in small quantities

b)

It helps in the distribution of goods

c)

It causes pollution in the community

d)

It provides job to the people

2.

The sale of goods or services directly to the final consumer.

a)

Retail

b)

Clearance

c)

Fire Sale

d)

Partnership

3.

A small store offering limited products, quick service and extended hours in a convenient location.

a)

factory outlet store

b)

convenience store

c)

factory outlet

d)

boutique

4.

A large store offering a range of food, beverage and household products.

a)

supermarket

b)

multi-channel retailer

c)

showrooming

d)

product mix

5.

What is retailing?

a)

the activities involved in selling merchandise to consumers

b)

the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit

c)

Selling goods to the public

d)

All of the Above

6.

A kind of retail store wherein the products are peddled from house to house within the community.

a)

travelling or roving store

b)

mall

c)

permanent store

d)

semi-permanent store

7.

They are the people who sell their goods with the use of pushcarts, bicycles and other forms of transportation.

a)

middlemen

b)

seller

c)

ambulant peddlers

d)

consumers

8.

Retailer is a person who sells the goods in ———.

a)

large quantities

b)

small quantities

c)

both a & b

d)

none of these

9.

A ___is a piece of paper from a store that shows the list of the products you have bought.

a)

receipt

b)

paragon

c)

recipe

10.

Referred to the gain earned from selling after subtracting all the expenses of the store.

a)

sales

b)

benefit

c)

profit

d)

expenses