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Rise up test Questions with Detailed Verified
Answers
which of the following is a term for physical goods that are bought
and sold?
⼀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?
⼀Answer:- D. Customers
which of the following is a term for intangible things, such as
providing delivery, that are sold by retailers?
⼀Answer:- C. Services
what kind of things does a manufacturer produce?
⼀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?
⼀Answer:- C. Distribution center
which of the following terms best describes a grower of potatoes?
⼀Answer:- A. Manufacturer
The majority of retailers are:
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⼀Answer:- A. Independently owned
which of the following is the term for the retailing approach that
places the focus on creating a seamless shopping experience for
customers by integrating multiple channels?
⼀Answer:- B. Omnichannel
which of the following is the standard definition of a retail
ecosystem?
⼀Answer:- 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?
⼀Answer:- 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.
⼀Answer:- D. Comparison shoppers
These customers tend to make quick purchase decisions, often
buying inexpensive items that are not high importance to them.
⼀Answer:- 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.
Rise up test Questions with Detailed Verified
Answers
which of the following is a term for physical goods that are bought
and sold?
⼀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?
⼀Answer:- D. Customers
which of the following is a term for intangible things, such as
providing delivery, that are sold by retailers?
⼀Answer:- C. Services
what kind of things does a manufacturer produce?
⼀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?
⼀Answer:- C. Distribution center
which of the following terms best describes a grower of potatoes?
⼀Answer:- A. Manufacturer
The majority of retailers are:
, Page | 2
⼀Answer:- A. Independently owned
which of the following is the term for the retailing approach that
places the focus on creating a seamless shopping experience for
customers by integrating multiple channels?
⼀Answer:- B. Omnichannel
which of the following is the standard definition of a retail
ecosystem?
⼀Answer:- 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?
⼀Answer:- 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.
⼀Answer:- D. Comparison shoppers
These customers tend to make quick purchase decisions, often
buying inexpensive items that are not high importance to them.
⼀Answer:- 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.
