
Business of REtail
Quiz by Tonnique
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13 questions
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- Q1A practice in retail management where products are placed in a way that maximizes sales and attracts attention from shoppers.MerchandisingInventory ManagementSupply Chain LogisticsCustomer Service30s
- Q2The practice of promoting and selling products or services directly to consumers, often through a physical store or online platform.ManufacturingRetailingWholesalingImporting30s
- Q3Which of the following is a common visual merchandising technique?Cash register placementInventory trackingSupplier negotiationWindow displays30s
- Q4What is the primary purpose of merchandising?To stock inventory only.To design clothing only.To set prices for products.To promote sales of products.30s
- Q5What is the benefit of using cross-merchandising?To simplify product displaysTo eliminate outdated itemsTo reduce inventory costsTo encourage customers to buy related products together.30s
- Q6Which of these is an example of seasonal merchandising?Promoting gym equipment every monthOffering year-round clothing salesSelling Halloween costumes in October.Stocking stationary supplies only30s
- Q7What is a key advantage of online merchandising?Limited product availabilityReduced customer interactionHigher operational costsWider reach to customers beyond local stores.30s
- Q8What does the term 'planogram' refer to in merchandising?A method for calculating profitsA visual diagram that shows how products should be arranged on shelves.A type of promotional saleA software for inventory management30s
- Q9Which factor is essential for effective merchandising?Minimizing product varietyUnderstanding customer preferencesIgnoring seasonal trendsChoosing a location randomly30s
- Q10What is a common merchandising technique used during seasonal sales?Removing all other products from the shelvesCreating promotional displays highlighting seasonal productsOnly using online adsIncreasing the prices of all items30s
- Q11What is an effective way to position products in a store to boost sales?Stack items in boxesOnly display items on the floorPlace popular items at eye levelHide new products at the back30s
- Q12What is a common strategy used in merchandising?Focusing solely on online advertisingLimiting customer access to certain itemsCreating themed displays for holidaysSelling only one type of product30s
- Q13What is an example of merchandising in a retail store?Using visually appealing displays to showcase productsOnly having sales on certain itemsSelling products online onlyKeeping all products in boxes30s