Rise Up Questions and Correct Answers & Latest Updated
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Course
Rise Up
Institution
Rise Up
Which of the following is a term for physical goods that are bought and sold?
o :## 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?
o :## D. Customers
Which of the following is a term fo...
Rise Up Questions and Correct Answers &
Latest Updated
Which of the following is a term for physical goods that are bought and sold?
o :## 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?
o :## D. Customers
Which of the following is a term for intangible things, such as providing delivery, that are sold by
retailers?
o :## C. Services
What kinds of things does a manufacturer produce?
o :## D. Finished products
Which of the following holds large quantities of product that are later sent either to retail
locations or directly to customers?
o :## C. Distribution center
Which of the following terms best describes a grower of potatoes?
o :## A. Manufacturer
Exams and Correct Answers |Best Grades | Excellence | Success
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The majority of retailer are:
o :## A. Independently owned
Which of the following is the term for the retailing that places the focus on creating a seamless
shopping experience for customers by integrating multiple channels
o :## B. Omnichannel
Which of the following is the standard definition of a retail ecosystem?
o :## 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?
o :## C. 20-25%
These customers can take a long time to make a purchase decision, and might return to a retailer
several before making a purchase.
o :## D. Comparison shoppers
These customers tend to make quick purchase decisions, often buying inexpensive items that are
not of high importance to them
o :## B. Impulse buyers
Exams and Correct Answers |Best Grades | Excellence | Success
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