Retail Management Set 2
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This set of Retail Management Multiple Choice Questions & Answers (MCQs) focuses on Retail Management Set 2
Q1 | The term stakeholders which includes-------.
- stock holders.
- consumers.
- suppliers.
- all the above.
Q2 | ------represents how a retailer is perceived by consumers and others.
- image.
- sales.
- profit.
- none of these.
Q3 | The functions of management start with-----.
- buying.
- planning.
- organizing.
- supervising.
Q4 | Management is what a manager does" given by.
- henry fayol.
- f.w.taylor.
- dinkar pagare.
- none of these.
Q5 | Human resource management process consists of ------.
- recruitment.
- selection.
- training.
- all of these.
Q6 | ----- is the process of seeking and attracting a pool of people from which qualifiedcandidates for job vacancies can be selected.
- selection.
- advertisement.
- compensation.
- recruitment.
Q7 | ------ gives the nature and requirements of specific jobs.
- human resource planning.
- job descriptions.
- job analysis.
- none of these.
Q8 | ------ is a kind of internal sources of recruitment.
- promotion.
- employee recommendation.
- transfer.
- all of these
Q9 | Attracting potential employees is more difficult in case of ---------.
- internal recruitment.
- external of recruitment.
- both a & b
- none of these.
Q10 | ----- is the next step after recruiting the retail personnel.
- supervision.
- compensation.
- training.
- selection.
Q11 | ------ test measure a persons capacity or potential capability to learn and perform ajob.
- aptitude test.
- proficiency test.
- interest test.
- personality test.
Q12 | 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
Q13 | ------ component allow the retailer to offer the employees safety and security
- fixed component
- fringe benefit component
- variable component
- all of the above.
Q14 | ------- is the manner of providing a job environment that encourages employee'saccomplishment.
- compensation
- supervision.
- training
- none of the above.
Q15 | Store security relates to ----.
- personal security
- merchandise security.
- both a & b.
- none of these.
Q16 | Form of payment which a retailer may accept is ----.
- cash only.
- cash &credit cards .
- cash &debit cards.
- all of these
Q17 | Many retailers have improved their operation productivity through -----.
- computerization.
- outsourcing.
- both a & b.
- none of these.
Q18 | The computerized check out is used by -----.
- large retailers.
- small retailers.
- multi retailers
- all of these.
Q19 | 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.
Q20 | ------ helps the retailers to face the crisis situations.
- risk management.
- credit management.
- financial management.
- all of these
Q21 | ------ is a key task for both large &small retailers.
- risk management.
- crisis management.
- inventory management
- all of these.
Q22 | ----- helps the retailers to complete the tasks within the short period of time.
- computerization.
- outsourcing.
- both 1 & 2.
- none of these.
Q23 | ---------is a warning to potential thieves and muggers.
- insurance.
- security guards.
- outsourcing.
- credit management .
Q24 | Insurance against--------is more important due to government rules.
- environmental risk.
- production risk.
- both 1 & 2
- none of these
Q25 | Consumer buying process in retailing involves ----.
- need recognition.
- search for information.
- evaluation of retailers.
- all the above.