1) Which type of retailer tends to be the most frequently shopped?
A) convenience stores
B) department stores
C) superstores
D) supermarkets
E) off-price retailers
2) Which type of small store carries a limited line of high-turnover convenience goods and makes most of its revenues from cigarette, beverage, and gasoline sales?
A) convenience
B) chain
C) department
D) supermarket
E) hypermarket
3) Which type of store is much larger than regular supermarkets and offers a large assortment of routinely purchased food products, nonfood items, and services?
A) category killer
B) chain
C) factory outlet
D) superstore
E) off-price
4) Which type of store carries a deep assortment, has knowledgeable staff, and might actually be viewed as a giant specialty store?
A) category killer
B) chain
C) factory outlet
D) shopping center
E) independent
5) Service retailers include all of the following EXCEPT ________.
A) hotels and motels
B) airlines
C) movie theaters
D) bowling alleys
E) convenience stores
6) ________ retailers in the United States are growing faster than product retailers.
A) Discount
B) Merchant
C) Service
D) Specialty
E) Off-price
7) ________ sell standard merchandise at lower prices by accepting lower margins and selling higher volume.
A) Merchant wholesalers
B) Discount stores
C) Full-service retailers
D) Limited-service retailers
E) Factory outlets
8) Early ________ cut expenses by offering few services and operating in warehouse-like facilities in low-rent, heavily traveled districts.
A) chain stores
B) department stores
C) discount stores
D) off-price retailers
E) full-service retailers
9) ________ have filled the ultralow-priced, high-volume gap by buying at less-than-regular wholesale prices and charging consumers less than retail.
A) Off-price retailers
B) Discount stores
C) Convenience stores
D) Chain stores
E) Limited-service retailers
10) Which of the following is NOT one of the main types of off-price retailers?
A) independents
B) factory outlets
C) warehouse clubs
D) category killers
E) membership warehouses
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