Considering types of retailer stores, the one which is low margin, high volume and offers self-service operations to serve consumers grocery needs is classified as?

Related Mcqs:

1. Considering types of retail stores, the one in which combines concept of supercenters and discount stores is classified as?

   A. inclusive store
   B. exclusive store
   C. superstore
   D. extensive store

2. Considering types of retail stores, the one which sells merchandise with low margins at lower price and in high volumes is called?

   A. discount store
   B. selective store
   C. extensive store
   D. exclusive store

3. The off-price retailer that sells limited brand names for grocery items or other variety, offering discount to customers who pay membership fees is called?

   A. factory outlets
   B. warehouse clubs
   C. factory clubs
   D. surplus center

4. Considering types of retailers, the stores that are located near your residence, carry limited product line and remain open for seven days are called?

   A. selective store
   B. extensive store
   C. exclusive store
   D. convenience stores

5. In retailer industry, the stores such as Kohl’s and Target are considered as best examples of?

   A. limited service retailers
   B. super retailers
   C. full-service retailers
   D. self-service retailers

6. The division of market on the basis of marital status of consumers such as ‘single consumers’ and ‘married consumers’ is an example of?

   A. geographic segmentation
   B. demographic segmentation
   C. psychographic segmentation
   D. behavioral segmentation

7. The concept which states that new retailers begin as low price and low margin retailers and then covert into high priced retailers they have replaced is called?

   A. wheel of mega retailers
   B. wheel of retailing concept
   C. cycle of retailers
   D. retailers discount concept

8. Considering types of wholesalers, the types of agents are?

   A. selling agents
   B. manufacturer’s agent
   C. commission merchants
   D. rack jobbers

9. The products that are low priced and placed at most convenient available places in retail stores are classified as?

   A. specialty products
   B. subspecialty products
   C. convenience products
   D. unsought products

10. The kind of products that does not benefit consumers in long run but can immediate satisfy consumers are classified as?

    A. deficient products
    B. pleasing products
    C. salutary products
    D. desirable products