Retail Management Set 9

Bachelor of Business Administration (BBA),

Master of Commerce (M.com),

Bachelor of Management Studies (BMS),

Bachelor of Business Administration in Marketing (BBA Marketing)

Practice Mode Previous Next
On This Page

This set of Retail Management Multiple Choice Questions & Answers (MCQs) focuses on Retail Management Set 9

Q1 | Supermarket is a kind of ……..
  • wholesale
  • distributor
  • dealer
  • retail store
Answer: retail store
Q2 | Attracting potential employees is more difficult in case of ---------.
  • internal recruitment.
  • external of recruitment.
  • both a & b
  • none of these.
Answer: external of recruitment.
Q3 | ----- is the next step after recruiting the retail personnel.
  • Supervision.
  • Compensation.
  • Training.
  • Selection.
Answer: Selection.
Q4 | ------ test measure a persons capacity or potential capability to learn and perform ajob.
  • Aptitude test.
  • Proficiency test.
  • Interest test.
  • Personality test.
Answer: Aptitude test.
Q5 | A traditional format that sell 20-80 percent of groceries and other consumableproduct at discounted prices
  • Dollar Store
  • Discounted stores
  • Chain store
  • off price store
Answer: Dollar Store
Q6 | ------ component allow the retailer to offer the employees safety and security
  • Fixed component
  • Fringe benefit component
  • Variable component
  • All of the above.
Answer: Fringe benefit component
Q7 | ------- is the manner of providing a job environment that encourages employee'saccomplishment.
  • Compensation
  • Supervision.
  • Training
  • None of the above.
Answer: Supervision.
Q8 | Store security relates to ----.
  • personal security
  • merchandise security.
  • both a & b.
  • none of these.
Answer: both a & b.
Q9 | Form of payment which a retailer may accept is ----.
  • cash only.
  • cash &credit cards .
  • cash &debit cards.
  • all of these
Answer: all of these
Q10 | Many retailers have improved their operation productivity through -----.
  • computerization.
  • outsourcing.
  • both a & b.
  • none of these.
Answer: computerization.
Q11 | The computerized check out is used by -----.
  • large retailers.
  • small retailers.
  • multi retailers
  • all of these.
Answer: large retailers.
Q12 | With the help of-------a retailer pays an outsider party to undertake one or more ofits operating functions
  • outsourcing.
  • credit management
  • computerization.
  • none of these.
Answer: outsourcing.
Q13 | ------ helps the retailers to face the crisis situations.
  • Risk management.
  • Credit management.
  • Financial management.
  • All of these
Answer: Risk management.
Q14 | ------ is a key task for both large &small retailers.
  • Risk management.
  • Crisis management.
  • Inventory management
  • All of these.
Answer: All of these.
Q15 | ----- helps the retailers to complete the tasks within the short period of time.
  • Computerization.
  • Outsourcing.
  • Both 1 & 2.
  • None of these.
Answer: Computerization.
Q16 | ---------is a warning to potential thieves and muggers.
  • Insurance.
  • Security guards.
  • Outsourcing.
  • Credit management .
Answer: Security guards.
Q17 | Insurance against--------is more important due to government rules.
  • environmental risk.
  • production risk.
  • both 1 & 2
  • none of these
Answer: environmental risk.
Q18 | The factor leading to the growth of retailing is ----.
  • changing consumer trends
  • technology.
  • demographics.
  • all the above.
Answer: all the above.
Q19 | Consumer buying process in retailing involves ----.
  • need recognition.
  • search for information.
  • evaluation of retailers.
  • all the above.
Answer: all the above.
Q20 | Atmosphere in retailing refers to ----.
  • the weather outside a store.
  • The ambience, music, color scent in a store.
  • assortment of products in the store.
  • display of items in a store.
Answer: The ambience, music, color scent in a store.
Q21 | E-tailing refers to ----.
  • sale of electronic items in a store.
  • catalog shopping.
  • music store.
  • retailing shopping using the inter.
Answer: retailing shopping using the inter.
Q22 | A multi channel retailer sells merchandise ----.
  • over the telephone
  • through personal selling and retail store only.
  • over the internet .
  • through more than one channel.
Answer: through more than one channel.
Q23 | Retailing is a marketing function which ----.
  • sells products to other business.
  • sells products to a company that resells them.
  • sells products to final consumers.
  • sells products for ones own use
Answer: sells products to final consumers.
Q24 | The wheel of retailing explains the emergence of new retailing forms by ----.
  • retailers cycle through peaks of high cost price and troughs of low cost price.
  • whole sellers see retailing opportunity, enter retailing, then turn to wholesaling again.
  • new retailers emerge, grow, mature and decline.
  • low margin, low price retailers enter to compete with retailers who are high margin and high price.
Answer: low margin, low price retailers enter to compete with retailers who are high margin and high price.
Q25 | All of the following are possible types of service that a retailer can offer except ----.
  • self service.
  • self selection.
  • limited service.
  • all of the above.
Answer: limited service.
Previous Next