Retailing MCQs

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All activities involved in selling, renting, and providing goods and services to ultimate consumers for personal, family, or household use are called:...






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The four utilities offered to consumers through retailing are:






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Approximately ________ of the employed labour force in Canada works in the retail sector.






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Independent retailers, corporate chains, and contractual systems are all examples of retail outlets classified by:






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The form of ownership which involves multiple outlets under common ownership is called a(n):






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Contractual systems involve independently owned stores that band together to act:






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At which level of service would the consumer perform the greatest number of functions?






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Department stores are typically considered to provide which level of service?






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Specialty stores are frequently categorized by which level of service?






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The variety of different items a store carries is referred to as:






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_____________________ includes direct mail, telemarketing, and in-home shopping.






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A matrix that positions retail outlets on two dimensions: breadth of product line and value added is referred to as a:






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The first dimension of the retail positioning matrix is breadth of product line and the second is:






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Markup is:





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Another term for gross margin is:






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Off-price retailing is:





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A new variation of off-price retailing which requires customers to purchase a membership card for the privilege of shopping there, is called a:






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Impressions of the corporation that operates the store, the category or type of store, the product categories in the store, the brands in each categor...






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A concept that describes how new retail outlets enter the market and change gradually in terms of status and margin is called:






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A concept that describes the process of growth and decline that retail outlets experience is called: