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Retail-Management Solved MCQs (Set-1)

This document contains 25 multiple choice questions about retail management. The questions cover topics such as factors that are difficult to change in retail management, reasons for the importance of retail location, types of retail formats, store layouts, and other concepts in retail operations and strategy. The questions are in a quiz format with single correct answers to test knowledge of key retail management concepts.

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Umair Virk
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100% found this document useful (6 votes)
31K views8 pages

Retail-Management Solved MCQs (Set-1)

This document contains 25 multiple choice questions about retail management. The questions cover topics such as factors that are difficult to change in retail management, reasons for the importance of retail location, types of retail formats, store layouts, and other concepts in retail operations and strategy. The questions are in a quiz format with single correct answers to test knowledge of key retail management concepts.

Uploaded by

Umair Virk
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Retail Management MCQs [set-1]

1. What is not easy to change in Retail Management?

A. promotion

B. location

C. price

D. merchandise mix
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Answer: B
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2. Which is not the basic reason of the importance of Retail Location?
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A. customer convenience c
B. competitive advantage
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C. cost of investment

D. light and ventilation

Answer: D

3. Which products are produced and marketed by companies to many


retailers?

A. national brands

B. local brands

C. unbranded

D. commodities

Answer: A

4. The layout that has parallel aisles with merchandise on shelves on both
sides of the aisles is _______.

A. racetrack

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B. standee

C. grid

D. loop

Answer: C

5. Free standing sites are located at ____________

A. traffic signals at highways

B. high pedestrian traffic area


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C. remote locations
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D. low pedestrian traffic area
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Answer: B
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6. Freedom layout indicates that merchandise is arranged
______________.

A. in a symmetrical manner

B. in circles

C. in an asymmetrical manner

D. non to the options

Answer: C

7. How difficult it is to change retail location frequently?

A. extremely difficult

B. not difficult at all

C. absolutely easy

D. some what difficult

Answer: A

8. For which retail offering location is very important?

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A. mail order

B. party plan

C. departmental store

D. catalogue marketing

Answer: C

9. A retailer’s ______________ is the key to its ability to attract customers.

A. location
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B. promotion system
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C. pricing system
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D. store personnel
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Answer: A
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10. A store that stocks particular type of merchandise

A. convenience

B. speciality

C. departmental

D. non store

Answer: B

11. This is the most preferred mode through which foreign players have
entered the Indian market. It is the easiest route to enter the Indian market

A. fii

B. franchising

C. fdi

D. iip

Answer: B

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12. ______________ offers various incentives and rewards to customers
on the basis of cumulative purchases from a given provider, be it a store, a
service, or a manufacturer

A. point of sales

B. frequent shopper progrmme

C. campaign

D. customer retension

Answer: B
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13. The products which enjoy popularitye
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span of time and later go out of fashion
t and generte lot of sales in a short

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A. fad
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B. category killers
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C. variety

D. assortment

Answer: A

14. The process by which a retailer attempts to offer the right quantity of
the right merchandise in the right place at the right time and meet the
company's financial goalsis known as

A. merchandise management

B. procurement

C. distribution

D. sales

Answer: A

15. This layout is the simplest type of store layout in which fixtures and
merchandise are grouped into free-flowing patterns on the sales floor

A. grid

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B. free flow

C. spine

D. loop

Answer: B

16. The major componenet of solid waste that a retailer generates in the
environment

A. branding

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B. labelling
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C. packaging
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D. naming

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Answer: C
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17. This provides the way to gather lead contact informtion, house it, use it
for communictaion purposes and run reports on the data researches have
collected

A. point of sales

B. customer analytics

C. campaign

D. crm

Answer: B

18. This involves agreements to fix prices between parties at different


levels of the same marketing channel

A. edlp

B. psychological

C. predatory

D. discount

Answer: C

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19. This display exhibits heavier, bulkier items than racks hold

A. open

B. closesd

C. case

D. ensemble

Answer: C

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20. The word Retail is derived from the------ word.
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A. latin.
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B. french.

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C. english.
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D. german.
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Answer: A

21. Retailer is a person who sells the goods in a---------.

A. large quantities.

B. small quantities.

C. both a & b.

D. none of these.

Answer: B

22. The main objective of the management is--------.

A. profitability.

B. sales growth.

C. return on investment

D. all of these.

Answer: D

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23. In retailing there is a direct interaction with-------.

A. producer.

B. customer.

C. wholesaler.

D. all of these.

Answer: D

24. Retailing creates-------. o m


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A. time utility.
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a
B. place utility.

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C. ownership utility.
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D. all of these.
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Answer: D

25. ---------activities performed by the retailers.

A. assortment of offerings.

B. holding stock.

C. extending services.

D. all of these.

Answer: D

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Take Quick Mock/Practice test on this topic HERE

For Discussion / Reporting / Correction of any MCQ please visit discussion page by clicking on
'answer' of respective MCQ.

McqMate is also available on

PlayStore

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