1. Describe the most important role played by distribution centers in the supply chain.

It helps to develop more job opportunities at the brick-and-mortar store level.

It is usually the main source to supply stores e-commerce sites.

It provides factories with raw materials and parts.

It is the location where finished products are kept before being shipped to stores

2. Name a key reason why product is a key factor in building a retail mix.

It satisfies the inventory planning needed for supply chain compliance.

It helps retailers make decisions about country of origin on imported goods.

It directly impacts decisions about private label brand development.

It ensures that the retailer is offering merchandise appealing to the target customer.

3. Which of the following is a good definition of retailing?

The relationship between buyers and their manufacturing clients.

The tax laws regarding B2B services to business clients.

The growing use of data science to improve identifying target markets.

Actions taken to market and sell goods and services to consumers for their personal use.

4.Describe a key benefit of using a PEST analysis instead of a SWOT analysis.

The PEST analysis is a better tool for doing a micro-environmental analysis than a SWOT.

Retailers use the PEST analysis to evaluate current shopping trends in a particular city.

The PEST analysis is a data science tool for developing employee benefit programs.

The PEST analysis evaluates macro-environmental issues in more detail than a SWOT.

5. Which of the following is a typical requirement for an effective general manager?

To take notes during meetings based on company or department standards.

To make specific decisions about buying specific type and amounts of merchandise.

To perform the functions of a front line manager.

To have general working knowledge of the areas they will be supervising.