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Merchandising and display are an important part of the marketing plan and should have a reasonable budget allocated, even for a retailer operating on a ..........


A) corner.
B) dime.
C) limit.
D) Shoestring.

E) B) and D)
F) A) and D)

Correct Answer

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The functions of management start with-----.


A) buying.
B) planning.
C) organizing.
D) supervising.

E) All of the above
F) A) and B)

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


A) assortment of offerings.
B) holding stock.
C) extending services.
D) all of these.

E) B) and D)
F) A) and C)

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D

------ gives the product as per the requirements of customers


A) Human resource planning.
B) Job descriptions.
C) Job analysis.
D) Mall

E) C) and D)
F) A) and D)

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


A) producer.
B) customer.
C) wholesaler.
D) all of these.

E) A) and B)
F) C) and D)

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The word Retail is derived from the----- word


A) latin
B) french
C) english
D) none of these

E) A) and B)
F) None of the above

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A concept in retailing that helps explain the emergence of new retailers is called the _______________ hypothesis.


A) retail life cycle
B) wheel-of-retailing
C) service-assortment
D) Product life cycle

E) B) and C)
F) A) and D)

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Human resource management process consists of ------.


A) recruitment.
B) selection.
C) training.
D) all of these.

E) B) and D)
F) C) and D)

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D

------represents how a retailer is perceived by consumers and others.


A) image.
B) sales.
C) profit.
D) none of these.

E) A) and C)
F) A) and D)

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The most important retail marketing decision a retailer has to make is to __________.


A) identify its target market
B) choose the right service response it wants to support
C) select the service mix
D) Develop a nice store atmosphere

E) A) and B)
F) None of the above

Correct Answer

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The term stakeholders which includes-------.


A) stock holders.
B) consumers.
C) suppliers.
D) all the above.

E) All of the above
F) C) and D)

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


A) location.
B) pricing system.
C) promotion system.
D) Store personnel.

E) B) and C)
F) All of the above

Correct Answer

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


A) profitability.
B) sales growth.
C) return on investment
D) all of these.

E) B) and C)
F) None of the above

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----- is the process of seeking customers towards shop.


A) Selection.
B) Advertisement.
C) Compensation.
D) Recruitment.

E) A) and B)
F) A) and C)

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"Management is what a manager does" given by.


A) Henry fayol.
B) F.W.Taylor.
C) Dinkar Pagare.
D) none of these.

E) B) and D)
F) B) and C)

Correct Answer

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C

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


A) producer
B) customer
C) wholesaler
D) all of these

E) A) and B)
F) A) and C)

Correct Answer

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The fastest growing segment of retailing is __________.


A) nonstore retailing
B) warehouse stores
C) hypermarkets
D) Category killers

E) None of the above
F) A) and D)

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Which of the following is NOT an example of non-store retailing?


A) mail order.
B) party plan
C) department store
D) Catalogue shop.

E) A) and C)
F) All of the above

Correct Answer

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


A) large quantities.
B) small quantities.
C) both a & b.
D) none of these.

E) A) and B)
F) A) and C)

Correct Answer

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