RISE UP FINAL PAPER 2026 FULL QUESTIONS
AND ANSWERS GRADED A+
◉ 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 store?
Answer: Customers
◉ Which of the following is a term for intangible things, such as
providing delivery, that are by retailers? Answer: Services
◉ What kinds of things does a manufacturer produce? Answer: Finished
products
◉ Which of the following holds large quantities of product that are later
sent either to retail locations or directly to customers? Answer:
Distribution center
◉ Which of the following terms best describes a grower of potatoes?
Answer: Manufacturer
◉ The majority of retailer are: Answer: Independently owned
, ◉ Which of the following is the term for the railing approach that focus
on creating a seamless shopping experience for customers by integrating
multiple channels? Answer: Omnichannel
◉ Which of the following is the standard definition for a retail
ecosystem? Answer: A group of stores that work together collaboratively
to serve customers' needs.
◉ Approximately what percentage of U.S. jobs are retail jobs, as of
2019? 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.
Answer: Comparison shoppers
◉ These customers tend to make quick purchase decisions, often buying
inexpensive items that are not of high importance to them. Answer:
Impulse buyers
◉ These customers tend to spend a lot of time checking out products and
prices though online sites, visiting different stores and comparing
retailer ads. Answer: Comparison shoppers
AND ANSWERS GRADED A+
◉ 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 store?
Answer: Customers
◉ Which of the following is a term for intangible things, such as
providing delivery, that are by retailers? Answer: Services
◉ What kinds of things does a manufacturer produce? Answer: Finished
products
◉ Which of the following holds large quantities of product that are later
sent either to retail locations or directly to customers? Answer:
Distribution center
◉ Which of the following terms best describes a grower of potatoes?
Answer: Manufacturer
◉ The majority of retailer are: Answer: Independently owned
, ◉ Which of the following is the term for the railing approach that focus
on creating a seamless shopping experience for customers by integrating
multiple channels? Answer: Omnichannel
◉ Which of the following is the standard definition for a retail
ecosystem? Answer: A group of stores that work together collaboratively
to serve customers' needs.
◉ Approximately what percentage of U.S. jobs are retail jobs, as of
2019? 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.
Answer: Comparison shoppers
◉ These customers tend to make quick purchase decisions, often buying
inexpensive items that are not of high importance to them. Answer:
Impulse buyers
◉ These customers tend to spend a lot of time checking out products and
prices though online sites, visiting different stores and comparing
retailer ads. Answer: Comparison shoppers
