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Worksheets

Welcome to Retail

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which of the following is a term for physical goods that are bought and sold?

a)

products

b)

sales

c)

pricing

d)

services

2.

Which of the following is a standard term that describes the audience of retailstores--that is the people who will buy things from the stores?

a)

buyers

b)

wholesalers

c)

manufacturers

d)

customers

3.

Which of the following is a term for intangible things, such as providing delivery, that are sold by retailers?

a)

gifts

b)

training

c)

services

d)

products

4.

What kinds of things does a manufacturer produce?

a)

Finished products

b)

Services

c)

Fossil fuels

d)

Raw materials

5.

Which of the following describes a grower of strawberries?

a)

Manufacturer

b)

Wholesaler

c)

Distribution center

d)

Retailer

6.

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?-

a)

Multichannel

b)

Omnichannel

c)

Integrated channel

d)

Seamless channel

7.

The majority of retailers are?

a)

Independently owned

b)

Corporations

c)

Franchises

d)

Online only

8.

Which of the following is the standard definition of a retail ecosystem?

a)

An interconnected system of approaches for meeting the goal of retailing which is to provide customers with the merchandise and services they want.

b)

A group of stores that work together collaboratively to serve customers needs

c)

A team of store employees who help each other

d)

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

9.

Approximately what percentage of U.S. j obs are retail jobs, as of 2019?

a)

5-10%

b)

10-15%

c)

20-25%

d)

35-40%

10.

What term describes delivering a positive, memorable experience that is more than what the customer expected?

a)

Customer service

b)

Quality customer service

c)

Service

d)

Sales