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DECA Practice Test

Retail Merchandising

Practice Test
      
  1.Margaretís Gifts offers free gift wrap for customers. This free service is considered a  
  a.   convenience product  
  b.   retailing method  
  c.   retail strategy  
  d.   supportive service  
      
  2.When stores participate in group buying they  
  a.   all shop at the same buying office  
  b.   buy from the same group of manufacturers  
  c.   pool their resources in order to qualify for volume discounts from manufacturers  
  d.   pool their resources to purchase a full line of merchandise  
      
  3.Many discount stores put prices on the shelf, rather than on each individual item. This pricing system is known as  
  a.   premarking  
  b.   unit pricing  
  c.   bundle pricing  
  d.   nonmarking  
      
  4.The process of distinguishing services or products through design is called  
  a.   building awareness  
  b.   grade labeling  
  c.   informative labeling  
  d.   differentiation  
      
  5.Bread, milk, eggs, and paper towels are examples of  
  a.   soft line products  
  b.   emergency products  
  c.   staples  
  d.   homogenous products  
      
  6.The electronic machine at a checkout station that reads product tags and feeds information directly into a central computer is known as a  
  a.   point-of-sale terminal  
  b.   UVM reader  
  c.   unit controller  
  d.   UPC reader  
      
  7.During a rain storm, many people buy umbrellas, which can be considered  
  a.   convenience items  
  b.   staples  
  c.   emergency items  
  d.   shopping items  
      
  8.When customers buy products showcased on the Home Shopping Network, they are engaging in  
  a.   Internet shopping  
  b.   fad shopping  
  c.   impulse shopping  
  d.   electronic shopping  
      
  9.Retail merchandise is often marked with a bar code, also known as the  
  a.   sku  
  b.   UPC  
  c.   UVM  
  d.   UPN  
      
  10.When two retail organizations combine into one company, it is known as a(n)  
  a.   acquisition  
  b.   merger  
  c.   chain store  
  d.   homogenation  

 

 
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