Home Quiz Quiz On Retail Management!
Preview (15 questions)
1 Question
30 seconds
Q.

The word 'Retail' has been derived from the ______ word.

Latin

Dutch

English
2 Question
30 seconds
Q.

The functions of management start with ______.

Buying

Planning

Organizing
3 Question
30 seconds
Q.

A retailer is a person who sells the goods in a ________ quantities.

Large

Small
4 Question
30 seconds
Q.

Which of the following tests measure a person's capacity or potential capability to learn and perform a job?

Aptitude test

Proficiency test

Interest test
5 Question
30 seconds
Q.

This represents how a retailer is perceived by consumers.

Image

Sales

Profit
6 Question
30 seconds
Q.

________ component allows the retailer to offer the employees safety and security.

Fixed

Fringe benefit

Variable
7 Question
30 seconds
Q.

Many retailers have improved their operation productivity through __________.

Computerization

Outsourcing

Both
8 Question
30 seconds
Q.

Which of the following is a key task for both large and small retailers?

Risk management

Crisis management

Inventory management

All of these
9 Question
30 seconds
Q.

Insurance against ________ risk is more important due to government rules.

Production

Environment

Technology
10 Question
30 seconds
Q.

_________ gives the nature and requirements of specific jobs.

Human resource planning

Job descriptions

Job analysis
11 Question
30 seconds
Q.

What acts as a cornerstone in maintaining the competitiveness of the company?

Defining capabilities

Market focus

Holding stock
12 Question
30 seconds
Q.

_______ analysis compares the strengths and weaknesses of a firm against the opportunities and threats in the external environment?

Environmental

SWOT

Business
13 Question
30 seconds
Q.

Computerization helps retailers to complete the tasks within a short period of time.

True

False
14 Question
30 seconds
Q.

_________ is the next step after recruiting the retail personnel.

Supervision

Compensation

Selection
15 Question
30 seconds
Q.

In retail, there is no direct interaction with the customers.

True

False