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Business of Retail Credentialing Review

Authored by Wayground Content

Business

9th - 12th Grade

Used 89+ times

Business of Retail Credentialing Review
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

aimed at specific customers to get them to take action (order a product online, visit a social media site, etc)

Direct Marketing

Personal Selling

Advertising

Sales Promotion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rivalry between or among businesses that offer similar types of goods or services

Direct Competition

Omni-channel retailing

Indirect competition

Replacement competition

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

something striking an individual, such as a product falling off of the shelf

Struck by injury

Slip, trip and fall

Struck against injury

Negligence

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the difference between revenue and all costs and expenses of the business

Net Profit

Gross Profit

Gross Profit Percentage

Expenses

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

interconnected system of approaches for meeting the goal of retailing to provide customers with merchandise they want.

Retail Ecosystem

PLU - price look up

markup pricing

Keystone pricing

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the marketing of two or more products in a single package price.

Bundle Pricing

Prestige Pricing

Discount Pricing

Odd Pricing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Number of units within the total inventory that are available to sell

Available or on-hand inventory

Total Inventory

Safety Stock

EAS (Electronic Article Surveillance)

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