Retail Management MCQs and Notes

G

Gopal Sharma • 38.32K Points
Coach

Q 21. Parking space is very important for........

(A) Product
(B) Retail store
(C) Transportation
(D) Machine

V

Vikash Gupta • 33.56K Points
Instructor I

Q 22. It is a requirement imposed by a vendor that a retailer cannot sell an item for the less than a specific price.

(A) Resale Price Maintenance (RPM)
(B) Charge back
(C) Standard price
(D) uniform price

R

Rakesh Kumar • 28.44K Points
Instructor II

Q 23. Which marketing tool uses multiple factors to assess industry attractiveness and business strength?

(A) The GE Grid.
(B) The BCG matrix
(C) The turn around strategy.
(D) SWOT analysis.

G

Gopal Sharma • 38.32K Points
Coach

Q 24. Consumer do their own picking, pay in cash and carry the merchandise away

(A) Automated Vending
(B) Super market
(C) The Cash and carry
(D) direct response retail

V

Vinay • 28.75K Points
Instructor II

Q 25. Which of the following provides a basis for monitoring and controlling organizational performance?

(A) Daily reports
(B) Weekly reports
(C) Long-term objectives
(D) Annual objectives

S

Shiva Ram • 30.44K Points
Instructor I

Q 26. Which business unit holds a large market share in a mature and slow growing industry?

(A) Dog.
(B) Cash cow.
(C) Question mark.
(D) Star.

V

Vinay • 28.75K Points
Instructor II

Q 27. Which of the following factors plays a significant role in providing superior quality products to customers, within a given time frame?

(A) Technology.
(B) Fast delivery.
(C) Customer convenience.
(D) Customer's choice.

A

Admin • 36.93K Points
Coach

Q 28. Which factor indicates the nature and direction the economy in which a firm operates?

(A) Economic environment.
(B) Gross national product.
(C) Competitive position
(D) Operating environment

G

Gopal Sharma • 38.32K Points
Coach

Q 29. What describes the market, product and technological area of a business?

(A) Company's vision.
(B) Company's mission.
(C) Bumper-sticker strategy.
(D) Strategic plan.

P

Priyanka Tomar • 35.28K Points
Coach

Q 30. When analyzing your business and its environment it is useful to carefully inspect its:.

(A) Threats.
(B) Strengths and weakness.
(C) Opportunities.
(D) All of the above.

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