Question 1

Store layout,colours,lighting,and signage are all considered part of a store's retail:

Accepted Answer

A)  atmosphere.
B)  image.
C)  psychological attributes.
D)  antecedent attributes.

Question 2

Competition between very dissimilar types of retail outlets that carry some of the same kind of merchandise is referred to as:

Accepted Answer

A)  breadth of line.
B)  intertype competition.
C)  scrambled merchandising.
D)  multi-service merchandising.

Question 3

Retailers like Eddie Bauer and The Disney Store that sell at retail stores,through their catalogues,and at their online website are examples of _____ retailers.

Accepted Answer

A)  intratype
B)  integrated multichannel
C)  vertically integrated
D)  multimediary

Question 4

Rona,Tim Hortons,and Canadian Tire are all examples of _____________ businesses.

Accepted Answer

A)  manufacturing
B)  wholesaling
C)  retailing
D)  facilitating

Question 5

Sport Chek decided to offer a unique in-store experience for consumers.Anyone who was interested in purchasing a specific shoe,they would allow that shoe to be custom made to the individual's foot size and specifications.This was something that could only occur in the store.Sport Check is attempting to address the challenge of:

Accepted Answer

A)  individuals ordering the wrong shoe size
B)  showrooming
C)  in-store lethargy
D)  increased presence of Amazon.ca

Question 6

Which of the following is a commonly used method of classifying retail outlets?

Accepted Answer

A)  service versus product
B)  form of ownership
C)  proportion of national brands carried
D)  revenue generated

Question 7

List the six store locations,or settings.How has the location of stores changed over the years?

Accepted Answer

The answer of List the six store locations,or settings.How has...

Question 8

Hudson's Bay,Walmart,Loblaws,and First Choice Haircutters are all examples of a(n) ________.

Accepted Answer

A)  independent retailer
B)  corporate chain
C)  contractual system
D)  business franchise

Question 9

A community shopping centre is a:

Accepted Answer

A)  suburban mall containing up to 100 stores that the typical drawing distance is over 5 to 10 miles from the mall.They often contain one or two anchor stores.
B)  cluster of stores in a downtown area.
C)  retail site location that typically has one primary store and often about 20 to 40 smaller outlets and serves a population of consumers who are within a 10 to 20 minute drive.
D)  cluster of stores that serves people who are within a five to ten minute drive and live in a population base under 30,000.

Question 10

Describe the retail life cycle.

Accepted Answer

The answer of Describe the retail life cycle....

Question 11

Large stores (over 200,000 square feet) which offer a mix of 40 percent food products and 60 percent general merchandise are referred to as:

Accepted Answer

A)  Discount wholesalers
B)  Discount retailers
C)  Hypermarkets
D)  Supermarkets

Question 12

List all of the forms of non-store retailing and give an example for each.

Accepted Answer

The answer of List all of the forms of non-store...

Question 13

Consumers are able to search for,evaluate,and order products through the Internet.This type of shopping occurs through:

Accepted Answer

A)  deep discount stores.
B)  power centres.
C)  television home shopping.
D)  online retailing.

Question 14

Direct selling is likely to continue to grow in markets:

Accepted Answer

A)  inside Canada.
B)  where convenience is not important.
C)  where there is a lack of effective distribution channels.
D)  in which consumers are knowledgeable shoppers.

Question 15

What future changes may be expected in retailing?

Accepted Answer

The answer of What future changes may be expected in...

Question 16

All of the following are described as aspects of v-commerce,except:

Accepted Answer

A)  some vending machines are integrated with Wi-Fi
B)  vending machines only sell fast-food (chips, pop, chocolate bars, etc.) 
C)  vending machines can accept cashless purchases from smartphones
D)  new machines are becoming 'green'

Question 17

During the days before Christmas,a health spa wants to recruit new clients.The owners realize that many people make New Year resolutions and will be looking to become fitter.What form of non-store retailing will likely be most cost effective in reaching potential new clients and making them aware of a special time-limited promotion?

Accepted Answer

A)  automatic vending
B)  direct mail
C)  television home shopping
D)  online retailing

Question 18

Regional shopping centres are:

Accepted Answer

A)  suburban malls of today, containing up to 100 stores with a typical drawing distance of over 5 to 10 miles from the mall.
B)  retail clusters in downtown areas.
C)  retail site locations that typically have one primary store and often about 20 to 40 smaller outlets and that serve a population base of about 100,000.
D)  clusters of stores that serve people who are within a five to ten minute drive and live in a population base under 30,000.

Question 19

Many catalogue retailers such as Sharper Image now accept each of the following EXCEPT:

Accepted Answer

A)  telephone orders
B)  mail orders
C)  online orders
D)  in-person orders

Question 20

According to the retail life cycle with respect to the positions of various current forms of retail outlets,which of the following can be considered to be in the accelerated development stage?

Accepted Answer

A)  value-retail centres
B)  convenience stores
C)  warehouse clubs
D)  general stores

Exam 15: Retailing

According to the retail life cycle with respect to the positions of various current forms of retail outlets,which of the following can be considered to be in the accelerated development stage?

Correct Answer
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Large stores (over 200,000 square feet) which offer a mix of 40 percent food products and 60 percent general merchandise are referred to as:

Correct Answer
verified

What future changes may be expected in retailing?

Correct Answer
verified

Many catalogue retailers such as Sharper Image now accept each of the following EXCEPT:

Correct Answer
verified

Retailers like Eddie Bauer and The Disney Store that sell at retail stores,through their catalogues,and at their online website are examples of _____ retailers.

Correct Answer
verified

Hudson's Bay,Walmart,Loblaws,and First Choice Haircutters are all examples of a(n) ________.

Correct Answer
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Describe the retail life cycle.

Correct Answer
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A community shopping centre is a:

Correct Answer
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Correct Answer
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Correct Answer
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Direct selling is likely to continue to grow in markets:

Correct Answer
verified

Consumers are able to search for,evaluate,and order products through the Internet.This type of shopping occurs through:

Correct Answer
verified

Competition between very dissimilar types of retail outlets that carry some of the same kind of merchandise is referred to as:

Correct Answer
verified

Store layout,colours,lighting,and signage are all considered part of a store's retail:

Correct Answer
verified

List the six store locations,or settings.How has the location of stores changed over the years?

Correct Answer
verified

List all of the forms of non-store retailing and give an example for each.

Correct Answer
verified

Regional shopping centres are:

Correct Answer
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Which of the following is a commonly used method of classifying retail outlets?

Correct Answer
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All of the following are described as aspects of v-commerce,except:

Correct Answer
verified

Rona,Tim Hortons,and Canadian Tire are all examples of _____________ businesses.

Correct Answer
verified

Exam 15: Retailing

According to the retail life cycle with respect to the positions of various current forms of retail outlets,which of the following can be considered to be in the accelerated development stage?

Correct AnswerverifiedShow Answer

Large stores (over 200,000 square feet) which offer a mix of 40 percent food products and 60 percent general merchandise are referred to as:

Correct AnswerverifiedShow Answer

What future changes may be expected in retailing?

Correct AnswerverifiedShow Answer

Many catalogue retailers such as Sharper Image now accept each of the following EXCEPT:

Correct AnswerverifiedShow Answer

Retailers like Eddie Bauer and The Disney Store that sell at retail stores,through their catalogues,and at their online website are examples of _____ retailers.

Correct AnswerverifiedShow Answer

Hudson's Bay,Walmart,Loblaws,and First Choice Haircutters are all examples of a(n) ________.

Correct AnswerverifiedShow Answer

Describe the retail life cycle.

Correct AnswerverifiedShow Answer

A community shopping centre is a:

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Direct selling is likely to continue to grow in markets:

Correct AnswerverifiedShow Answer

Consumers are able to search for,evaluate,and order products through the Internet.This type of shopping occurs through:

Correct AnswerverifiedShow Answer

Competition between very dissimilar types of retail outlets that carry some of the same kind of merchandise is referred to as:

Correct AnswerverifiedShow Answer

Store layout,colours,lighting,and signage are all considered part of a store's retail:

Correct AnswerverifiedShow Answer

List the six store locations,or settings.How has the location of stores changed over the years?

Correct AnswerverifiedShow Answer

List all of the forms of non-store retailing and give an example for each.

Correct AnswerverifiedShow Answer

Regional shopping centres are:

Correct AnswerverifiedShow Answer

Which of the following is a commonly used method of classifying retail outlets?

Correct AnswerverifiedShow Answer

All of the following are described as aspects of v-commerce,except:

Correct AnswerverifiedShow Answer

Rona,Tim Hortons,and Canadian Tire are all examples of _____________ businesses.

Correct AnswerverifiedShow Answer

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