Retail Management MCQs

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1. What is retail management primarily concerned with?





2. Which is NOT a type of retail store?





3. What is the main objective of retail management?





4. Retail mix includes:





5. What does planogram help in?





6. Point of Sale (POS) refers to:





7. Which of the following is a function of retail management?





8. Retail shrinkage means:





9. Omni-channel retailing focuses on:





10. The term “footfall” refers to:





11. Which is a key responsibility of a retail manager?





12. Category management is about:





13. Retail merchandising involves:





14. Inventory turnover measures:





15. Customer Relationship Management (CRM) in retail aims to:





16. End caps in retail stores are:





17. Loss leader pricing means:





18. What is the purpose of retail audits?





19. Impulse buying is influenced by:





20. Which is NOT a key performance indicator (KPI) in retail?





21. Retail franchising means:





22. What is a flagship store?





23. Retail supply chain includes:





24. The term “markdown” in retail refers to:





25. Cross-merchandising is used to:





26. Planogram compliance is important because:





27. Retail shrinkage is caused by:





28. The term “retailtainment” combines retail with:





29. Store layout types include:





30. Customer loyalty programs aim to:





31. POP displays in retail stand for:





32. Retail price elasticity refers to:





33. What is an example of a non-store retailing method?





34. Retail assortment planning involves:





35. Which technology helps in tracking retail inventory in real-time?





36. The break-even point in retail is:





37. Retail window displays aim to:





38. A retail KPI for staff efficiency is:





39. Retail cannibalization occurs when:





40. Upselling in retail refers to:





41. Which is NOT a component of retail strategy?





42. Store traffic flow is improved by:





43. Retail key success factors include:





44. Click-and-collect service means:





45. Retail KPIs for customer satisfaction include:





46. Which type of retail is seasonal by nature?





47. What is the main benefit of retail analytics?





48. Which factor affects retail pricing the most?





49. Retail staff training improves:





50. The ultimate aim of retail management is:





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