NRF Retail Industry Fundamentals Exam Questions And Answers Latest Top Score.
5 views 0 purchase
Course
NRF Retail Industry Fundamentals
Institution
NRF Retail Industry Fundamentals
NRF Retail Industry Fundamentals Exam Questions And Answers Latest Top Score.
A retail business, owned by shareholders and have centralized decision making for their multiple store locations is called - correct answer. corporation
In the retail product cycle, what step comes after ...
NRF Retail Industry Fundamentals Exam
Questions And Answers Latest Top Score.
A retail business, owned by shareholders and have centralized decision making for their
multiple store locations is called - correct answer. corporation
In the retail product cycle, what step comes after distribution and products? - correct
answer. selling
What item is a retail product - correct answer. car tire
A large facility that manufacturers sent large quantities of product to then distributed to
stores is called - correct answer. distribution center
The period key term in retail for a period fo time that an item remains usable, or fir for
consumption is called: - correct answer. shelf life
Customers of a popular shoe store chain can purchase items in-store and on-line or via
their mobile app. the customer also receives texts and emails about current promotions
and sales. This is an example of: - correct answer. Omni-channel retailing
What's considered a retail service? - correct answer. car wash
Merchandise without an expiration date like electronics, tools and home goods typically
have longer - correct answer. shelf life
The repetitive cycle that occurs with retailers in regard to product assortment is called: -
correct answer. the retail product cycle
Responsible for the production of finished products - correct answer. manufacturer
People who purchase goods or services from a business are called: - correct answer.
customers
The selling goods and/or services to a customer is called - correct answer. retail
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller techgrades. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.