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DECA Practice Test

Retail Merchandising

Practice Test
      
  1.When two retail organizations combine into one company, it is known as a(n)  
  a.   acquisition  
  b.   merger  
  c.   chain store  
  d.   homogenation  
      
  2.The jewelry counter is often considered a profit center for a department store. This means  
  a.   it attracts a lot of traffic into the store  
  b.   it earns money for the store  
  c.   it requires few salespeople to run the counter  
  d.   all of the above  
      
  3.Many manufacturers mark merchandise with a retail price at the factory. This process is known as  
  a.   premarking  
  b.   preretailing  
  c.   proxemics  
  d.   unit control  
      
  4.A drugstore that also sells health and beauty products and small appliances is considered  
  a.   a hard line store  
  b.   a soft line store  
  c.   a multi-line store  
  d.   a limited line store  
      
  5.Blue Hawaiian Shirts had gross sales in February of $23,000. In addition, $1,000 worth of pink shirts were returneWhat is Blue Hawaiian’s returns percentage?  
  a.   $22,000  
  b.   4.30%  
  c.   23%  
  d.   4.50%  
      
  6.Shopping malls depend on large department stores to bring in lots of traffiThese departments stores are referred to as  
  a.   branch stores  
  b.   anchors  
  c.   cooperatives  
  d.   hard line stores  
      
  7.Marks operates ten stores that sell men’s clothing and accessories in Colorado. They can be described as  
  a.   twig stores  
  b.   anchor stores  
  c.   branch stores  
  d.   chain stores  
      
  8.A department store that only sells clothing and accessories can be described as  
  a.   a full-line store  
  b.   a hard-line store  
  c.   a multi-line store  
  d.   a limited-line store  
      
  9.At the Lancome counter in Macy’s department store, the beauty products are stored in cabinets and drawers behind the counter. This stock is referred to as  
  a.   forward reserve stock  
  b.   forward stock  
  c.   reserve stock  
  d.   under-the-counter stock  
      
  10.Each item in a unit control inventory system is assigned a number known as a(n)  
  a.   Universal Product Code (UPC)  
  b.   Universal Vendor Marketing (UVM)  
  c.   FIFO  
  d.   stockkeeping unit (sku)  

 

 
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