NRF Certificate Test

NRF Certificate Test which of the filling is a term for physical goods that are bought and sold? a. sales b. products c. pricing d. services - b. products which of the following is a standard term that describes the audience of retail stores - that is, the people who will buy things from the stores? a. manufacturers b. wholesalers c. buyers d. customers - d. customers which of the following is a term for intangible things, such as providing delivery, that are sold by retailers? a. gifts b. training c. services d. products - c. services what kinds of things does a manufacturer produce? a. raw material b. fossil fuels c. services d. finished products - d. finished products which of the following holds large quantities of product that are later sent either to retail locations or directly to customers> a. manufacturer b. wholesaler c. distribution center' d. retailer - c. distribution center which of the following terms best describes a grower of potatoes? manufacturer wholesaler distribution center retailer - manufacturer the majority of retailers are: - independently owned - corporations - franchises - online onlu - independently owned which of the following is the term for the retailing approach that places focus on creating a seamless shopping experience for customers by integrating multiple channels? - multichannel - omni channel - integrated channel - seamless channel - omni channel an interconnected system approaches for meeting the goal of retailing, which is to provide customers with the merchandise and services they want - retail ecosystem approximately what percentage of the U.S. jobs are retail jobs, as of 2019? - 20-25% these customers can take a long time to make a purchase decision, and might return to a retailer several times before making a purchase. - innovation/trend buyers - impulse buyers - recreational buyers - comparison shoppers - comparison shoppers these customers tend to make quick purchase decisions, often buying inexpensive items that are not of high importance. - innovation/trend buyers - impulse buyers - recreational buyers - comparison shoppers - impulse buyers these customers tend to spend a lot of time checking