Top 350+ Solved Retail Management MCQ Questions Answer
Q. The computerized check out is used by -----.
a. large retailers.
b. small retailers.
c. multi retailers
d. all of these.
Q. With the help of-------a retailer pays an outsider party to undertake one or more ofits operating functions
a. outsourcing.
b. credit management
c. computerization.
d. none of these.
Q. ------ helps the retailers to face the crisis situations.
a. Risk management.
b. Credit management.
c. Financial management.
d. All of these
Q. ------ is a key task for both large &small retailers.
a. Risk management.
b. Crisis management.
c. Inventory management
d. All of these.
Q. ----- helps the retailers to complete the tasks within the short period of time.
a. Computerization.
b. Outsourcing.
c. Both 1 & 2.
d. None of these.
Q. ---------is a warning to potential thieves and muggers.
a. Insurance.
b. Security guards.
c. Outsourcing.
d. Credit management .
Q. Insurance against--------is more important due to government rules.
a. environmental risk.
b. production risk.
c. both 1 & 2
d. none of these
Q. The factor leading to the growth of retailing is ----.
a. changing consumer trends
b. technology.
c. demographics.
d. all the above.
Q. Consumer buying process in retailing involves ----.
a. need recognition.
b. search for information.
c. evaluation of retailers.
d. all the above.
Q. Atmosphere in retailing refers to ----.
a. the weather outside a store.
b. The ambience, music, color scent in a store.
c. assortment of products in the store.
d. display of items in a store.
Q. E-tailing refers to ----.
a. sale of electronic items in a store.
b. catalog shopping.
c. music store.
d. retailing shopping using the inter.
Q. A multi channel retailer sells merchandise ----.
a. over the telephone
b. through personal selling and retail store only.
c. over the internet .
d. through more than one channel.
Q. Retailing is a marketing function which ----.
a. sells products to other business.
b. sells products to a company that resells them.
c. sells products to final consumers.
d. sells products for ones own use
Q. The wheel of retailing explains the emergence of new retailing forms by ----.
a. retailers cycle through peaks of high cost price and troughs of low cost price.
b. whole sellers see retailing opportunity, enter retailing, then turn to wholesaling again.
c. new retailers emerge, grow, mature and decline.
d. low margin, low price retailers enter to compete with retailers who are high margin and high price.
Q. All of the following are possible types of service that a retailer can offer except ----.
a. self service.
b. self selection.
c. limited service.
d. all of the above.