Top 350+ Solved Retail Management MCQ Questions Answer
Q. Who is the last link in the chain connecting the producer and customer ?
a. wholesaler
b. agent
c. retailer
d. storekeeper
Q. Internet marketing and telemarketing are the recent trends in ……….. business
a. retail
b. wholesale
c. conventional
d. manufacturing
Q. MRP stands for.
a. minimum retail price
b. maximum retail price
c. minimum rate of profit
d. maximum rate of profit
Q. Multiple shops are also known as –
a. self service stores
b. chain stores
c. shopping by post
d. departmental stores
Q. Door to door selling is carried out by
a. hawkers and peddlers
b. cheap jacks
c. second shop
d. retailers
Q. There is no shop assistants in a
a. super bazaar
b. departmental store
c. multiple shop
d. second shop
Q. No middle men is involved in –
a. wholesale trade
b. retail trade
c. direct marketing
d. indirect marketing
Q. Shopping malls, super markets and hypermarkets come under which type of marketing?
a. wholesale
b. retail
c. direct marketing
d. agent service
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
Q. A multi channel retailer sells merchandise
a. over telephone
b. through retail stores
c. over internet
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
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
Q. Mail order retailing is the same as:
a. Direct selling
b. In Home retailing
c. E-tailing
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
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