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Exam (elaborations)

Rise Up Test Questions & Answers 2024/2025

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Rise Up Test Questions & Answers 2024/2025 Which of the following is a term for physical goods that are bought and sold? - ANSWERSB. 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...

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  • September 1, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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Rise Up Test Questions & Answers
2024/2025

Which of the following is a term for physical goods that are bought and sold? - ANSWERSB. 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? - ANSWERSD. Customers



Which of the following is a term for intangible things, such as providing delivery, that are sold by
retailers? - ANSWERSC. Services



What kind of things does a manufacturer product? - ANSWERSD. Finished products



Which of the following holds large quantities of product that are later sent either to retail locations or
directly to customers? - ANSWERSC. Distribution center



Which of the following terms best describes a grower of potatoes? - ANSWERSB. Wholesaler



The Majority of retailers are: - ANSWERSA. Independently owned



Which of the following is the term for the retailing approach that places the focus on creating a seamless
shopping experience by integrating multiple channels? - ANSWERSB.) Omnichannel



Which of the following is the standard definition of a retail ecosystem? - ANSWERSC.) A team of store
employees who help each other.



Approximately what percentage of U.S. jobs are retail jobs, as of 2019? - ANSWERSC.) 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. - ANSWERSD.) Comparison Shoppers



These customers tend to make quick purchase decisions , often buying inexpensive items that are not of
high importance to them. - ANSWERSB.) Impulse buyers



These customers tend to spend a lot of time checking out products and prices through online sites,
visiting different stores and comparing retail ads. - ANSWERSD.) Comparison shoppers



These customers view shopping as a fun occasion, so shopping does not include making a purchase. -
ANSWERSC.) Recreational shoppers



These customers have an early adopter mindset, and want to be recognized as trendsetters by others. -
ANSWERSA.) Innovation/trend buyers



These shoppers have typically enjoyed repeated and valued positive customers experiences with a
particular retailer. - ANSWERSA.) Loyal customers



These shoppers are rarely the first to try new products. - ANSWERSC.) Recreational shoppers



Which of the following is the term for behavior influences that come from the retailer's family and
friends? - ANSWERSB.) External Social cues



Which of the following is the term for behavior influences that come from Retailer's marketing? -
ANSWERSB.) External Social cues



Which of the following is the term for behavior influences that come from a customer's own needs? -
ANSWERSC.) Internal physical cues



Which of the following is the term for the overall impression gathered from information that is seen,
heard and experienced by customers who encountered a business, its products and services? -
ANSWERSC.) Company Brand

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