Top 350+ Solved Retail Management MCQ Questions Answer

From 271 to 285 of 360

Q. Who is the last link in the chain connecting the producer and customer ?

a. wholesaler

b. agent

c. retailer

d. storekeeper

  • c. retailer

Q. Internet marketing and telemarketing are the recent trends in ……….. business

a. retail

b. wholesale

c. conventional

d. manufacturing

  • a. retail

Q. MRP stands for.

a. minimum retail price

b. maximum retail price

c. minimum rate of profit

d. maximum rate of profit

  • b. maximum retail price

Q. Multiple shops are also known as –

a. self service stores

b. chain stores

c. shopping by post

d. departmental stores

  • b. chain stores

Q. Door to door selling is carried out by

a. hawkers and peddlers

b. cheap jacks

c. second shop

d. retailers

  • a. hawkers and peddlers

Q. There is no shop assistants in a

a. super bazaar

b. departmental store

c. multiple shop

d. second shop

  • a. super bazaar

Q. No middle men is involved in –

a. wholesale trade

b. retail trade

c. direct marketing

d. indirect marketing

  • c. direct marketing

Q. Shopping malls, super markets and hypermarkets come under which type of marketing?

a. wholesale

b. retail

c. direct marketing

d. agent service

  • b. retail

Q. Which of the following statement about retail marketing is true

a. sells products to other businesses

b. sells products to a company that resells them

c. sells products to final consumers

d. sells products for one's own use

  • c. sells products to final consumers

Q. A multi channel retailer sells merchandise

a. over telephone

b. through retail stores

c. over internet

d. over more than one channel;

  • d. over more than one channel;

Q. E-retailing refers to

a. sales of electronic items

b. catalog shopping

c. computerized store

d. retailing and shopping through internet

  • d. retailing and shopping through internet

Q. What is the full form of VAT?

a. value added tax

b. very important additional tax

c. value additional tax

d. value added theory

  • a. value added tax

Q. Mail order retailing is the same as:

a. Direct selling

b. In Home retailing

c. E-tailing

d. Catalog retailing

  • d. Catalog retailing

Q. All of the following are types of non store retailing, except

a. Catalog retailing

b. Vending Machines

c. Chain store

d. Direct Mail

  • c. Chain store

Q. Person to person interaction between a retailer and a prospective customer is:

a. Direct marketing

b. Automatic selling

c. Direct selling

d. Buying service

  • c. Direct selling
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