One of the characteristics of oligopolistic competition is

many small firms who follow the lead of a few larger firms.

only one market leader conquer the entire industry.

any action by two or more seller is expected to be noticed and reacted to by the other sellers.

Retail management Bank PO MCQ Questions With Answers Quiz

6.

According to Philip Kotler, definition of retail is the

marketing mix (4P's) including price, product, promotion and price.

concept of selling goods or service in the outlet mall.

activities involved in selling goods or services to the final consumers for personal, non-business use.

activities involved in creating brand awareness among new potential customers.

1.

COVID-19 is a health and economic crisis that has a sustainable impact on:

2.

Suppliers sell through a moderate number of retailers

3.

Pays attention on selling the products that are tangible in nature

4.

Focus on selling service line

5.

Groups of consumers and individuals can be identified in term such demographics as:

6.

According to Philip Kotler, definition of retail is the

7.

_______________ environment for retailing comprises the overall economy including business cycles, consumer income and spending patterns.

8.

Buying behavior process includes, 1. Need recognition, 2. _____________ , 3. evaluation of alternatives, 4. purchase decision and 5. Post-purchase behavior

9.

A self service food store with grocery, meat, and produce departments and minimum annual sales of 2 million

10.

Termed as the analysis, planning, acquisition, handling and control of merchandise investment of retail operation.

11.

Bundle of profits that are offered to customers through a distribution channel

12.

One of the characteristics of oligopolistic competition is

13.

Forever 21 is an example of a _______________.

14.

A retailer sell raw materials.

15.

The Foremost stage of the consumer buying decision-making process as Proposed by John Dewey

16.

The followings are consumer influences, EXCEPT

17.

Any individual who purchases goods and services from the market for his/her end-use is called a..................

18.

_________________ refers to the buying behavior of final consumers.

19.

He said that retailing includes all activities in selling goods or services to the final consumers for personal, non-business use.

20.

A retail firm owned by its customer members

21.

It refers to when multiple outlets are under common ownership.

22.

Combining separately of owned companies

Time

1. COVID-19 is a health and economic crisis that has a sustainable impact on:

2. Suppliers sell through a moderate number of retailers

3. Pays attention on selling the products that are tangible in nature

4. Focus on selling service line

5. Groups of consumers and individuals can be identified in term such demographics as:

6. According to Philip Kotler, definition of retail is the

7. _______________ environment for retailing comprises the overall economy including business cycles, consumer income and spending patterns.

8. Buying behavior process includes, 1. Need recognition, 2. _____________ , 3. evaluation of alternatives, 4. purchase decision and 5. Post-purchase behavior

9. A self service food store with grocery, meat, and produce departments and minimum annual sales of 2 million

10. Termed as the analysis, planning, acquisition, handling and control of merchandise investment of retail operation.

11. Bundle of profits that are offered to customers through a distribution channel

12. One of the characteristics of oligopolistic competition is

13. Forever 21 is an example of a _______________.

14. A retailer sell raw materials.

15. The Foremost stage of the consumer buying decision-making process as Proposed by John Dewey

16. The followings are consumer influences, EXCEPT

17. Any individual who purchases goods and services from the market for his/her end-use is called a..................

18. _________________ refers to the buying behavior of final consumers.

19. He said that retailing includes all activities in selling goods or services to the final consumers for personal, non-business use.

20. A retail firm owned by its customer members

21. It refers to when multiple outlets are under common ownership.

22. Combining separately of owned companies

Time

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1.

COVID-19 is a health and economic crisis that has a sustainable impact on:

2.

Suppliers sell through a moderate number of retailers

3.

Pays attention on selling the products that are tangible in nature

4.

Focus on selling service line

5.

Groups of consumers and individuals can be identified in term such demographics as:

6.

According to Philip Kotler, definition of retail is the

7.

_______________ environment for retailing comprises the overall economy including business cycles, consumer income and spending patterns.

8.

Buying behavior process includes, 1. Need recognition, 2. _____________ , 3. evaluation of alternatives, 4. purchase decision and 5. Post-purchase behavior

9.

A self service food store with grocery, meat, and produce departments and minimum annual sales of 2 million

10.

Termed as the analysis, planning, acquisition, handling and control of merchandise investment of retail operation.

11.

Bundle of profits that are offered to customers through a distribution channel

12.

One of the characteristics of oligopolistic competition is

13.

Forever 21 is an example of a _______________.

14.

A retailer sell raw materials.

15.

The Foremost stage of the consumer buying decision-making process as Proposed by John Dewey

16.

The followings are consumer influences, EXCEPT

17.

Any individual who purchases goods and services from the market for his/her end-use is called a..................

18.

_________________ refers to the buying behavior of final consumers.

19.

He said that retailing includes all activities in selling goods or services to the final consumers for personal, non-business use.

20.

A retail firm owned by its customer members

21.

It refers to when multiple outlets are under common ownership.

22.

Combining separately of owned companies