COMMERCE 2MA3 EXAM
REVIEW CHAPTER 13
, Red Den is a grocery retail chain that offers products such as dairy, frozen foods, meat,
snacks, and a limited line of general merchandise. Red Den is an example of a: -
CORRECT ANSWERS-Conventional Supermarket
Shannon has limited time for shopping and prefers to buy tissues, grooming products,
and other household needs from the same stores where she buys her groceries at low
prices. Which of the following types of retailers is best suited for Shannon? - CORRECT
ANSWERS-Discount Stores
Provigo has about 300 stores in Quebec and offers groceries, meat, and some nonfood
items. Provido is an example of: - CORRECT ANSWERS-Conventional Supermarket
Virgo Inc. offers its products at relatively low prices to its customers. Virgo's strategy of
procuring goods for sale from different manufacturers or retailers has resulted in an
inconsistent assortment of goods at its store. Virgo is an example of a(n): - CORRECT
ANSWERS-Off Price Retailer
The Brick is a Canadian retail store funded in 1971. It carries a deep assortment of
home furniture and appliances. The Brick is an example of - CORRECT ANSWERS-
Category specialist
Ochre, a store situated in a low-income locality, offers its products at relatively low
prices. The goods for sale at Ochre vary frequently due to its low-budget procurement
strategy. Ochre is an example of a(n): - CORRECT ANSWERS-Extreme Value Retailer
Neil's Mart has several outlets across Ontario and sells a limited number of items at
accessible locations in small stores with speedy checkouts. It also typically charges
higher prices than most other types of food stores. Neil's Mart is an example of a: -
CORRECT ANSWERS-convenience store
Richway offers a wide variety of products, such as clothing, footwear, electronics,
housewares, bedding, and beauty products, at prices lower than traditional retail outlets
with limited service. Richway is an example of a: - CORRECT ANSWERS-discount
store
Blossoms is a small bookstore in Ottawa with a preference for fine books and classic
literature. It sells books on philosophy, art, literature, travel, and architecture and has
sales associate expertise to help customers. Blossoms is an example of a: - CORRECT
ANSWERS-specialty store.
Draper is a clothing retail that offers a deep assortment but exclusively in menswear. It
uses a self-service approach. Draper is an example of a: - CORRECT ANSWERS-
category specialist
REVIEW CHAPTER 13
, Red Den is a grocery retail chain that offers products such as dairy, frozen foods, meat,
snacks, and a limited line of general merchandise. Red Den is an example of a: -
CORRECT ANSWERS-Conventional Supermarket
Shannon has limited time for shopping and prefers to buy tissues, grooming products,
and other household needs from the same stores where she buys her groceries at low
prices. Which of the following types of retailers is best suited for Shannon? - CORRECT
ANSWERS-Discount Stores
Provigo has about 300 stores in Quebec and offers groceries, meat, and some nonfood
items. Provido is an example of: - CORRECT ANSWERS-Conventional Supermarket
Virgo Inc. offers its products at relatively low prices to its customers. Virgo's strategy of
procuring goods for sale from different manufacturers or retailers has resulted in an
inconsistent assortment of goods at its store. Virgo is an example of a(n): - CORRECT
ANSWERS-Off Price Retailer
The Brick is a Canadian retail store funded in 1971. It carries a deep assortment of
home furniture and appliances. The Brick is an example of - CORRECT ANSWERS-
Category specialist
Ochre, a store situated in a low-income locality, offers its products at relatively low
prices. The goods for sale at Ochre vary frequently due to its low-budget procurement
strategy. Ochre is an example of a(n): - CORRECT ANSWERS-Extreme Value Retailer
Neil's Mart has several outlets across Ontario and sells a limited number of items at
accessible locations in small stores with speedy checkouts. It also typically charges
higher prices than most other types of food stores. Neil's Mart is an example of a: -
CORRECT ANSWERS-convenience store
Richway offers a wide variety of products, such as clothing, footwear, electronics,
housewares, bedding, and beauty products, at prices lower than traditional retail outlets
with limited service. Richway is an example of a: - CORRECT ANSWERS-discount
store
Blossoms is a small bookstore in Ottawa with a preference for fine books and classic
literature. It sells books on philosophy, art, literature, travel, and architecture and has
sales associate expertise to help customers. Blossoms is an example of a: - CORRECT
ANSWERS-specialty store.
Draper is a clothing retail that offers a deep assortment but exclusively in menswear. It
uses a self-service approach. Draper is an example of a: - CORRECT ANSWERS-
category specialist
