Traditional and Modern Retail Business Formats
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Questions and Answers

What is the primary role of a salesperson in traditional retail?

  • To deliver products to the store
  • To execute promotions
  • To count inventory and suggest an order to the store owner (correct)
  • To design shopping malls

    • What is the primary difference between traditional and modern retail in terms of order acquisition?

  • The method of order suggestion (correct)
  • The role of the salesperson
  • The type of products sold
  • The frequency of promotions

    • What is the characteristic of delivery slots or windows in traditional retail?

  • They are fixed by the manufacturer (correct)
  • They are flexible and variable
  • They are fixed by the store owner
  • They are not applicable

    • What is the primary difference between traditional and modern retail in terms of promotions?

    <p>The leadership of promotions</p> Signup and view all the answers

    What is the definition of retail?

    <p>The process of selling consumer goods and services to customers through multiple channels of distribution to earn profit</p> Signup and view all the answers

    Where would any stickering or customization of a product need to be done?

    <p>By the manufacturer or LSP</p> Signup and view all the answers

    Why would a new product launch be more complicated in Modern Retail?

    <p>Because it needs to be informed to the Modern Retail months in advance</p> Signup and view all the answers

    What is typically used to measure manufacturers in Traditional channels?

    <p>A general approach</p> Signup and view all the answers

    What type of store provides all kinds of goods under one roof?

    <p>Mall</p> Signup and view all the answers

    What type of store is a self-service wholesale store for groceries?

    <p>Cash and Carry store</p> Signup and view all the answers

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