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MCQs

Total Questions : 192 | Page 1 of 20 pages
Question 1. The separate firm engaged in wholesaling activities is classified as
  1.    outbound franchisor
  2.    franchisee
  3.    wholesaler
  4.    franchisor
 Discuss Question
Answer: Option C. -> wholesaler
Answer: (c).wholesaler
Question 2. The retail stores such as 7-eleven and stop-n-go are examples of
  1.    outbound stores
  2.    inbound stores
  3.    intensive stores
  4.    convenience stores
 Discuss Question
Answer: Option D. -> convenience stores
Answer: (d).convenience stores
Question 3. Considering types of retailers, the store which only carries limited product line is classified as
  1.    specialty stores
  2.    department store
  3.    discount store
  4.    super store
 Discuss Question
Answer: Option A. -> specialty stores
Answer: (a).specialty stores
Question 4. The major types of retail organizations includes
  1.    corporate chains
  2.    retailer cooperatives
  3.    voluntary chains
  4.    all of above
 Discuss Question
Answer: Option D. -> all of above
Answer: (d).all of above
Question 5. The wholesaler who only brings buyers and sellers closer by assisting in negotiations without taking title of market offerings is classified as
  1.    manufacturer's sales branches
  2.    brokers
  3.    agent
  4.    drop shippers
 Discuss Question
Answer: Option B. -> brokers
Answer: (b).brokers
Question 6. In retailer industry, the Tiffany and Williams Sonoma are considered as
  1.    full-service retailers
  2.    self-service retailers
  3.    limited service retailers
  4.    super retailers
 Discuss Question
Answer: Option A. -> full-service retailers
Answer: (a).full-service retailers
Question 7. The retail business built on a place that is owned, planned and developed as single business unit is classified as
  1.    shopping center
  2.    specialty center
  3.    corporate center
  4.    warehouse club center
 Discuss Question
Answer: Option A. -> shopping center
Answer: (a).shopping center
Question 8. The types of wholesalers does not include
  1.    voluntary franchise chain
  2.    merchant wholesalers
  3.    agents and brokers
  4.    manufacturer's sales branches
 Discuss Question
Answer: Option A. -> voluntary franchise chain
Answer: (a).voluntary franchise chain
Question 9. The process of selling market offering for business use or resale purpose is classified as
  1.    promoting
  2.    retailing
  3.    wholesaling
  4.    none of the above
 Discuss Question
Answer: Option D. -> none of the above
Answer: (d).none of the above
Question 10. The off-price retailer that is division of some large retail corporation is classified as
  1.    independent super retailer
  2.    off-price retailer
  3.    on-price retailer
  4.    independent off-price retailer
 Discuss Question
Answer: Option D. -> independent off-price retailer
Answer: (d).independent off-price retailer

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