Rise up test Questions And Answers
what kind of things does a manufacturer produce?: D. Finished products
which of the following holds large
... [Show More] quantities of product that are later sent either to retail locations or directly to customers?: C. Distribution center
which of the following terms best describes a grower of potatoes?: A. Manufacturer
The majority of retailers are:: 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?: B. Omni channel
which of the following is a term for physical goods that are bought and sold?: 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?: D. Customers
which of the following is a term for intangible things, such as providing delivery, that are sold by retailers?: C. Services
which of the following is the standard definition of a retail ecosystem?: 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?: 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.: D. Comparison shoppers
These customers tend to make quick purchase decisions, often buying inexpensive items that are not high importance to them.: 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.: D. Comparison shoppers
These customers view shopping as a fun occasion, so shopping does not necessarily include making a purchase.: C. Recreational shoppers
These customers have an early adopter mindset, and want to be recog- nized as trendsetters by others.: A. Innovation/ trend buyers [Show Less]