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WorksheetsCSS-Knowledge Check 1.1
Total questions: 10
Worksheet time: 5mins
Which of the following is a term for physical goods that are bought and sold?
Sales
Products
Pricing
Services
Which of the following is a standard term that describes the audience of retail stores-that is, the people who will buy things from the store?
Manufacturer
Wholesalers
Buyers
Customers
Which of the following is a term for intangible things, such as providing delivery, that are sold by retailers?
Gifts
Training
Services
Products
What kinds of things does a manufacturer produce?
Raw materials
Fossil fuels
Services
Finished products
Which of the following holds large quantities of product that are later sent either to retail locations or directly to customers?
Manufacturer
Wholesaler
Distribution center
Retailer
Which of the following terms best describes a grower of potatoes?
Manufacturer
Wholesaler
Distribution center
Retailer
The majority of retailers are:
Independently owned
Corporations
Franchises
Online only
Which of the following is the term for the retailing approach that places the focus on creating a seamless shopping experience for customers by integrating multiple channels?
Multichannel
Omnichannel
Integrated channel
Seamless channel
Which of the following is the standard definition of retail ecosystem?
An interconnected system of approaches for meeting the goal of retailing, which is to provide customers with the merchandise and services they want.
A group of stores that work together collaboratively to serve customers' needs.
A team of store employees who help each other.
A set of technological systems that work together in order to make sure all products in a retailer's inventory are tracked and accounted for.
Approximately what percentage of U.S. jobs are retail jobs, as of 2019?
5-10%
10-15%
20-25%
35-40%
