Rise up test Questions and Answers
Latest 2026
which of the following is a term for physical goods that
are bought and sold? Ans: 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? Ans: D. Customers
which of the following is a term for intangible things,
such as providing delivery, that are sold by retailers?
Ans: C. Services
what kind of things does a manufacturer produce? Ans:
D. Finished products
which of the following holds large quantities of product
that are later sent either to retail locations or directly to
customers? Ans: C. Distribution center
which of the following terms best describes a grower of
potatoes? Ans: A. Manufacturer
The majority of retailers are: Ans: A. Independently
owned
which of the following is the term for the retailing
approach that places the focus on creating a seamless
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shopping experience for customers by integrating
multiple channels? Ans: B. Omnichannel
which of the following is the standard definition of a
retail ecosystem? Ans: A. An interconnected system of
approaches for meeting the goal of retailing, which is to
provide customers with the merchandise and services
they want.
Approximately what percentage of U.S jobs are retail
jobs, as of 2019? Ans: C. 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. Ans: D. Comparison shoppers
These customers tend to make quick purchase decisions,
often buying inexpensive items that are not high
importance to them. Ans: B. 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. Ans: D.
Comparison shoppers
These customers view shopping as a fun occasion, so
shopping does not necessarily include making a
purchase. Ans: C. Recreational shoppers
These customers have an early adopter mindset, and
want to be recognized as trendsetters by others. Ans: A.
Innovation/ trend buyers
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