NRF Retail Industry Fundamentals Exam |COMPLETE AND DETAILED
QUESTIONS AND ANSWERS | REAL EXAM QNA | 2025 LATEST
UPDATED 100% RATED CORRECT | 100% VERFIED | ALREADY
GRADED A+|GUARANTEED TO PASS!!
A retail business, owned by shareholders and have centralized decision making for their multiple
store locations is called - (ANSWER)corporation
In the retail product cycle, what step comes after distribution and products? - (ANSWER)selling
What item is a retail product - (ANSWER)car tire
A large facility that manufacturers sent large quantities of product to then distributed to stores is
called - (ANSWER)distribution center
The period key term in retail for a period fo time that an item remains usable, or fir for
consumption is called: - (ANSWER)shelf 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 current promotions and sales. This
is an example of: - (ANSWER)Omni-channel retailing
What's considered a retail service? - (ANSWER)car wash
Merchandise without an expiration date like electronics, tools and home goods typically have
longer - (ANSWER)shelf life
The repetitive cycle that occurs with retailers in regard to product assortment is called: -
(ANSWER)the retail product cycle
QUESTIONS AND ANSWERS | REAL EXAM QNA | 2025 LATEST
UPDATED 100% RATED CORRECT | 100% VERFIED | ALREADY
GRADED A+|GUARANTEED TO PASS!!
A retail business, owned by shareholders and have centralized decision making for their multiple
store locations is called - (ANSWER)corporation
In the retail product cycle, what step comes after distribution and products? - (ANSWER)selling
What item is a retail product - (ANSWER)car tire
A large facility that manufacturers sent large quantities of product to then distributed to stores is
called - (ANSWER)distribution center
The period key term in retail for a period fo time that an item remains usable, or fir for
consumption is called: - (ANSWER)shelf 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 current promotions and sales. This
is an example of: - (ANSWER)Omni-channel retailing
What's considered a retail service? - (ANSWER)car wash
Merchandise without an expiration date like electronics, tools and home goods typically have
longer - (ANSWER)shelf life
The repetitive cycle that occurs with retailers in regard to product assortment is called: -
(ANSWER)the retail product cycle
