Marketing Quiz 64

1. Alteration, complaints handling and delivery are a few examples of primary services that a full service retailer should offer.
(1) True
(2) False
(3) True there is no showroom
(4) True when these is monopoly in the market
(5) False when consumer court exist

2. Which of the following is the best definitions of chain shops?
(1)group of consumers whoband together to gel and volume pricing trom manufactures
(2) A group of volunteers who shop for handicap individual
(3) Retailers that volunteer to carry new. united Products
(4) Independently owned retailers who are sponsored by a wholesaler to engage in bulk buying and common merchandising
(5) None of above

3. Which of the following stores has high gross margin, narrow product assortment and high level of service?
(1) Convenience store
(2) supermarkets
(3) speciality stores
(4) Departmental stores
(5) Ration shops

4. Wholesaling includes all the activities involved in selling goods and services to these buying for resale or business use.
(1) True in case of big wholesalers
(2) True in case of registered wholesalers
(3) True in case of Indian wholesalers
(4) True
(5) False in case of producer retailer

5. An agent is wholesalers who does not lake title to goods and whose function is to bring buyers and sailers together and assist in negotiation.
(1) False
(2) False in case of single wholesalers
(3) True
(4) True when reserve price applicable
(5) True agent is a wholesalers as well as retailer

6. Traditional/ normal store retailers face increasing competition from which of the following new store retailers ?
(1) print catalogues
(2) Print cartons
(3) Online computer shopping service
(4) Television shopping shows
(5) 1.3 and 4

7. A wholesaler that lakes title to the merchandise they handle, is known as a —
(1) Simple wholesalers
(2) Merchant wholesalers
(3) Commission merchants
(4) Agent
(5) Brokers

8. A major trend wholesaling is that wholesaling companies will grow larger, primarily through acquisitions, merger and geographical expansion.
(1) True when only one whole salers in market
(2) True when wholesalers has so many branches
(3) True
(4) False
(5) False when wholesalers charges different prices.

9. Which of the following is not a function carried out by wholesalers ?
(1) Making Fraud Deals
(2) Providing quicker delivery to buyers
(3) Holding inventories
(4) Financial customers buy giving credit
(5) Provide after sale service to customers

10. What is the decision that can be taken after research of Products and Services ?
(1) Development of Products
(2) Product Diversification
(3) Product Simplification
(4) Changes in Product
(5) All of above

ANSWERS

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