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

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Certificate in Retail Management

4.4 (20)

₹3,540 ₹36,580

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