Managing Retailing, Wholesaling, And Logistics - MCQs with answers - Part 1
Retailing1. ___________ is the sum of all activities associated with selling services or goods directly to final customers for non-business personal use.a) Retailing
b) Wholesaling
c) Logistics
d) None of the above
View Answer / Hide Answer2. The wheel-of-retailing hypothesis states one reason that a) New stores type close
b) New stores are redesigned
c) New stores type emerge
d) None of the above.
View Answer / Hide AnswerANSWER: c) New stores type emerge
3. ___________ can be stated as the cornerstone of all discount operations. a) Self-service
b) Self-selection
c) Limited service
d) Full Service
View Answer / Hide Answer4. The level of service when customers locate their own goods, although they can always ask for help is_______________a) Self-service
b) Self-selection
c) Limited service
d) Full Service
View Answer / Hide AnswerANSWER: b) Self-selection
5. The level of service in which retailers carry more services and shopping goods and need more assistance and information is termed as ____________a) Self-service
b) Self-selection
c) Limited service
d) Full Service
View Answer / Hide AnswerANSWER: c) Limited service
6. When the salesperson provide assistance is every phase of the "locate-compare-select" process is known as _______________a) Self-service
b) Self-selection
c) Limited service
d) Full Service
View Answer / Hide Answer7. Direct selling can also be termed as:a) Multilevel marketing
b) Network marketing
c) Both a and b
d) None of the above
View Answer / Hide Answer8. Telemarketing and internet selling is a type of:a) Multilevel marketing
b) Network marketing
c) Direct marketing
d) None of the above
View Answer / Hide AnswerANSWER: c) Direct marketing
9. Milk, beverages and magazines are sold through a) Multilevel marketing
b) Network marketing
c) Automatic vending
d) None of the above
View Answer / Hide AnswerANSWER: c) Automatic vending
10. The storeless retailer serving needs of a specific clientele is known as a) Multilevel marketing
b) Network marketing
c) Buying service
d) None of the above
View Answer / Hide AnswerANSWER: c) Buying service
11. The giant retailers that focus on one product category are known as a) Category makes
b) Category designers
c) Category planners
d) Category killers
View Answer / Hide AnswerANSWER: d) Category killers
12. IN dog-bone shaped marketa) Growth seems to be centered at the top
b) Growth is at the bottom
c) Centralized
d) None of the above
View Answer / Hide AnswerANSWER: a) Growth seems to be centered at the top
13. Gujarat Co-operative Milk Marketing Federation uses a) Geographical information system
b) Physiological information system
c) Psychological information system
d) None of the above
View Answer / Hide AnswerANSWER: a) Geographical information system