Question 1

Supermarket is a kind of &#8230;&#8230;..&#10;A)wholesale&#10;B)distributor&#10;C)dealer&#10;D)retail store

Accepted Answer

Supermarkets are retail stores that sell a wide variety of goods including food and household items directly to consumers.

Question 2

Attracting potential employees is more difficult in case of ---------.&#10;A)internal recruitment.&#10;B)external of recruitment.&#10;C)both a & b&#10;D)none of these.

Accepted Answer

Attracting potential employees is more challenging in the case of external recruitment because it involves reaching out to candidates who may not be actively seeking a new job or are unaware of the opportunities in the organization, requiring more effort in advertising, marketing the positions, and convincing candidates of the benefits of joining the organization. Internal recruitment, on the other hand, targets current employees who are already familiar with the company culture and opportunities.

Question 3

A traditional format that sell 20-80 percent of groceries and other consumable product at discounted prices&#10;A)Dollar Store&#10;B)Discounted stores&#10;C)Chain store&#10;D)off price store

Accepted Answer

Dollar Store&#10;

Question 4

------ component allow the retailer to offer the employees safety and security&#10;A)Fixed component&#10;B)Fringe benefit component&#10;C)Variable component&#10;D)All of the above.

Accepted Answer

The Fringe benefit component includes additional benefits provided to employees, such as health insurance, life insurance, and safety measures, which directly contribute to their safety and security.

Question 5

------- is the manner of providing a job environment that encourages employee's accomplishment.&#10;A)Compensation&#10;B)Supervision.&#10;C)Training&#10;D)None of the above.

Accepted Answer

Supervision involves overseeing and guiding employees, creating an environment that encourages their accomplishment and development.

Question 6

The wheel of retailing explains the emergence of new retailing forms by ----.&#10;A)retailers cycle through peaks of high cost price and troughs of low cost price.&#10;B)whole sellers see retailing opportunity, enter retailing, then turn to wholesaling again.&#10;C)new retailers emerge, grow, mature and decline.&#10;D)low margin, low price retailers enter to compete with retailers who are high margin and high price.

Accepted Answer

The wheel of retailing theory suggests that new types of retailers usually enter the market as low-margin, low-price operations challenging established higher-margin, higher-price stores. Over time, these new entrants may increase their prices and margins as they add services or improve their facilities, thus beginning the cycle anew.

Question 7

All of the following are possible types of service that a retailer can offer except ----.&#10;A)self service.&#10;B)self selection.&#10;C)limited service.&#10;D)all of the above.

Accepted Answer

The answer of All of the following are possible types...

Deck 9: Retailing and Supermarket Operations