Top 350+ Solved Retail Management MCQ Questions Answer
Q. interior and ....is very important for retail store
a. product
b. site
c. transportation
d. hygiene
Q. A proper layout of a store increases.........
a. product
b. efficiency
c. transportation
d. machine
Q. Maintaining standard of a Store can attract..........
a. customers
b. sellers
c. mediators
d. none of these
Q. ..... attractions for customers in a retail store
a. fixtures
b. floor
c. transportation
d. salesforce
Q. A retailer select a site such as,......
a. he should get return on investment
b. run business successfully
c. maximum sale
d. all the above
Q. Purchasing products occasionally is,........ Factor
a. geography
b. demography
c. behavioural
d. none of these
Q. Income is .....,factor of segmentation
a. geography
b. demography
c. behavioural
d. none of these
Q. Segmentation reduces unecessary........ of the organization
a. expenses
b. efforts
c. production
d. all the above
Q. Which element identifies the strategic factors that determine the future of a firm?
a. evaluation and control.
b. environmental scanning.
c. strategy formulation.
d. strategy implementation.
Q. . In which of the following pricing approaches is pricing based on consumerdemand?
a. functional approach.
b. business approach.
c. market approach.
d. innovative approach.
Q. . Consumer do their own picking, pay in cash and carry the merchandise away A.
a. tomated vending
b. super market
c. the cash and carry
d. direct response retail
Q. At what stage is the threat from competitors at its peak in an industry?
a. growth stage.
b. embryonic stage.
c. mature stage.
d. shakeout stage