NRF RETAIL INDUSTRY
FUNDAMENTALS EXAM
QUESTIONS AND ACCURATE
SOLUTIONS
A_retail_business,_owned_by_shareholders_and_have_centralized_decision_making_for_th
eir_multiple_store_locations_is_called_-_answerscorporation
In_the_retail_product_cycle,_what_step_comes_after_distribution_of_products?_-
_answersselling
A_large_facility_that_manufacturers_send_large_quantities_of_product_to_then_distribute
d_to_stores_is_called_-_answersdistribution_center
The_period_key_term_in_retail_for_a_period_of_time_that_an_item_remains_usable,_or_
fit_for_consumption_is_called:_-_answersshelf_life
Customers_of_a_popular_shoe_store_chain_can_purchase_items_in-store_and_on-
line_or_via_their_mobile_app._the_customer_also_receives_texts_and_emails_about_curr
ent_promotions_and_sales._This_is_an_example_of:_-_answersOmni-channel_retailing
Merchandise_without_an_expiration_date_like_electronics,_tools_and_home_goods_typic
ally_have_longer_-_answersshelf_life
FUNDAMENTALS EXAM
QUESTIONS AND ACCURATE
SOLUTIONS
A_retail_business,_owned_by_shareholders_and_have_centralized_decision_making_for_th
eir_multiple_store_locations_is_called_-_answerscorporation
In_the_retail_product_cycle,_what_step_comes_after_distribution_of_products?_-
_answersselling
A_large_facility_that_manufacturers_send_large_quantities_of_product_to_then_distribute
d_to_stores_is_called_-_answersdistribution_center
The_period_key_term_in_retail_for_a_period_of_time_that_an_item_remains_usable,_or_
fit_for_consumption_is_called:_-_answersshelf_life
Customers_of_a_popular_shoe_store_chain_can_purchase_items_in-store_and_on-
line_or_via_their_mobile_app._the_customer_also_receives_texts_and_emails_about_curr
ent_promotions_and_sales._This_is_an_example_of:_-_answersOmni-channel_retailing
Merchandise_without_an_expiration_date_like_electronics,_tools_and_home_goods_typic
ally_have_longer_-_answersshelf_life