Retail class test 02.05.24

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Retail class test 02.05.24


Ques 1. Fill in the Blanks

1. The function of retailing is to sell products and services to the final __________________ by an individual or a firm.

2. The _____________________ has to be well informed about the product being sold.

Ques 2. Multiple Choice Questions

1. The purpose of retail business is to__________________

(a) go for partnership                      (b) make maximum promotion 

(c) extend to other localities.          (d) selling goods to customer

2. A retail store deals primarily with sales ____________________ in retailing.

(a) volume.                   (b) location.                 (c) places                    (d) value

Ques 3. What are the essential requirements of a retailer? (2 marks)

Ques 4. Identify the services offered by a retailer to the customers. (4 marks)

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