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Retail Management

Retail Management

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Q1. Total system supplied by the franchisor for running the business is known as
1. Product Franchise
2. Business Format Franchise
3. Manufacturing Franchise
4. Licensing
Q2. Which of the following is not the Service retail
1. Banking
2. Brick and Mortar
3. Car Rentals
4. Restaurants
Q3. E-tailing stands for
1. Efficient Retailing
2. Electronic Retailing
3. Ecological Retailing
4. Entrepreneurial Retailing
Q4. Accordian Theory is also known as
1. Theory of Natural Selection
2. Theory of Wheel of Retailing
3. McNair’s Theory
4. General-Specific-General Theory
Q5. Which of the following is not the stage in the process of Wheel of Retailing
1. Vulnerable Phase
2. Entry Phase
3. Introduction Phase
4. Trade-up Phase
Q6. A large building complex with a conglomeration of shops is known as
1. Hyper Market
2. Co-operative Store
3. Supermarket
4. Mall
Q7. Pavement Vendors are categorized in
1. Mixed Retailing
2. Unorganized Retailing
3. Organized Retiling
4. Warehouse Clubs
Q8. EDI stands for
1. Electronic Data Institute
2. Electronic Data Insurance
3. Electronic Data Interchange
4. Electronic Data Industry
Q9. The premise on which retailing activity takes place is called ____________
1. Place
2. Office
3. Market
4. Store
Q10. Retail comes from French word
1. Retaillier
2. Retteeler
3. Retaaail
4. Retuiller

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Certificate in Retail Management

4.4 (20)

₹3,540 ₹36,580

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