Answers
, NRF Retail Industry Fundamentals Exam Questions And
Answers
A retail business, owned by shareholders and have centralized decision making for their multiple
store locations is called ✔✔corporation
In the retail product cycle, what step comes after distribution and products? ✔✔selling
What item is a retail product ✔✔car tire
A large facility that manufacturers sent large quantities of product to then distributed to stores is
called ✔✔distribution center
The period key term in retail for a period fo time that an item remains usable, or fir for
consumption is called: ✔✔shelf life
Customers of a popular shoe store chain can purchase items in-store and on-line or via their
mobile app. the customer also receives texts and emails about current promotions and sales. This
is an example of: ✔✔Omni-channel retailing