Top 350+ Solved Retail Management MCQ Questions Answer

From 316 to 330 of 360

Q. A concept in retailing that helps explain the emergence of new retailers is called the_______________ hypothesis.

a. retail life cycle

b. wheel-of-retailing

c. service-assortment

d. Product life cycle

  • b. wheel-of-retailing

Q. A retailer’s ______________ is the key to its ability to attract customers.

a. location.

b. pricing system.

c. promotion system.

d. Store personnel.

  • a. location.

Q. Which of the following is NOT an example of non-store retailing?

a. mail order.

b. party plan

c. department store

d. Catalogue shop.

  • d. Catalogue shop.

Q. The word Retail is derived from the----- word

a. latin

b. french

c. english

d. none of these

  • b. french

Q. In retailing there is a direct interaction with-------

a. producer

b. customer

c. wholesaler

d. all of these

  • d. all of these

Q. Retailing creates-------

a. time utility

b. place utility

c. ownership utility

d. all of these

  • d. all of these

Q. Retailing is a marketing function which ----

a. sells products to other business

b. sells products to a company that resells em

c. sells products to final consumers

d. sells products for one’s own use

  • c. sells products to final consumers

Q. Retailer is a person who sells the goods in a---------.

a. large quantities.

b. small quantities.

c. both a & b.

d. none of these.

  • b. small quantities.

Q. The main objective of the management is--------.

a. profitability.

b. sales growth.

c. return on investment

d. all of these.

  • d. all of these.

Q. In retailing there is a direct interaction with-------.

a. producer.

b. customer.

c. wholesaler.

d. all of these.

  • d. all of these.

Q. Retailing creates-------.

a. time utility.

b. place utility.

c. ownership utility.

d. all of these.

  • d. all of these.

Q. ---------activities performed by the retailers.

a. assortment of offerings.

b. holding stock.

c. extending services.

d. all of these.

  • d. all of these.

Q. The term stakeholders which includes-------.

a. stock holders.

b. consumers.

c. suppliers.

d. all the above.

  • d. all the above.

Q. ------represents how a retailer is perceived by consumers and others.

a. image.

b. sales.

c. profit.

d. none of these.

  • a. image.
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