NRF Retail Industry Fundamentals Exam
Jeremiah
Terms in this set (30)
A retail business, owned by shareholders corporation
and have centralized decision making for
their multiple store locations is called
In the retail product cycle, what step comes selling
after distribution and products?
What item is a retail product car tire
A large facility that manufacturers sent large distribution center
quantities of product to then distributed to
stores is called
The period key term in retail for a period fo shelf life
time that an item remains usable, or fir for
consumption is called:
Customers of a popular shoe store chain can Omni-channel retailing
purchase items in-store and on-line or via
their mobile app. the customer also receives
texts and emails about current promotions
and sales. This is an example of:
What's considered a retail service? car wash
Merchandise without an expiration date like shelf life
electronics, tools and home goods typically
have longer
The repetitive cycle that occurs with retailers the retail product cycle
in regard to product assortment is called:
Responsible for the production of finished manufacturer
products
People who purchase goods or services customers
from a business are called:
The selling goods and/or services to a retail
customer is called
NRF
What itemRetail
is a retailIndustry
sevice? Fundamentals Exam
jewelry warranty
1/3