NRF Certificate Test fully solved #4
Which of the filling is a term for physical goods that are bought and sold?
A. Sales
B. Products
C. Pricing
D. Services - correct answer 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 - correct answer 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 - correct answer c. Services
What kinds of things does a manufacturer produce?
A. Raw material
B. Fossil fuels
C. Services
D. Finished products - correct answer 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 - correct answer c. Distribution center
Which of the following terms best describes a grower of potatoes?
Manufacturer
Wholesaler
Distribution center
Retailer - correct answer manufacturer
The majority of retailers are:
- independently owned
- corporations
- franchises
, - online onlu - correct answer 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 - correct answer omni channel
An interconnected system approaches for meeting the goal of retailing, which is to
provide customers with the merchandise and services they want - correct answer retail
ecosystem
Approximately what percentage of the u.s. jobs are retail jobs, as of 2019? - correct
answer 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 - correct answer 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 - correct answer impulse buyers
These customers tend to spend a lot of time checking out products and prices through
online sites, visiting different stores and comparing retailer ads.
- innovation/trend buyers
- impulse buyers
- recreational buyers
- comparison shoppers - correct answer comparison shoppers
These customers view shopping as a fun occasion, so shopping does not necessarily
include making a purchase.
- innovation/trend buyers
- impulse buyers
- recreational buyers
- comparison shoppers - correct answer recreational buyers
Which of the filling is a term for physical goods that are bought and sold?
A. Sales
B. Products
C. Pricing
D. Services - correct answer 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 - correct answer 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 - correct answer c. Services
What kinds of things does a manufacturer produce?
A. Raw material
B. Fossil fuels
C. Services
D. Finished products - correct answer 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 - correct answer c. Distribution center
Which of the following terms best describes a grower of potatoes?
Manufacturer
Wholesaler
Distribution center
Retailer - correct answer manufacturer
The majority of retailers are:
- independently owned
- corporations
- franchises
, - online onlu - correct answer 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 - correct answer omni channel
An interconnected system approaches for meeting the goal of retailing, which is to
provide customers with the merchandise and services they want - correct answer retail
ecosystem
Approximately what percentage of the u.s. jobs are retail jobs, as of 2019? - correct
answer 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 - correct answer 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 - correct answer impulse buyers
These customers tend to spend a lot of time checking out products and prices through
online sites, visiting different stores and comparing retailer ads.
- innovation/trend buyers
- impulse buyers
- recreational buyers
- comparison shoppers - correct answer comparison shoppers
These customers view shopping as a fun occasion, so shopping does not necessarily
include making a purchase.
- innovation/trend buyers
- impulse buyers
- recreational buyers
- comparison shoppers - correct answer recreational buyers
