4th Monthly Test in Hele 5
Name___________________________________________Date__________Sec________I.
Write the letter of the correct answer.______1. Which of the
following is not included in the duties of a retailer?a, To provide
goods of high quality to the publicb. to give customers maximum
satisfactory servicesc. to entertain customers d. to treat all
employees and customers equally______2. It refers to all forms of
small quantity selling directly to the end user.a. wholesalingb.
retailingc. entrepreneurshipd. business______3. It carries a wide
variety of items from basic commodities such rice and canned goods
to cosmetics.a. general storeb. groceryc. specialty stored.
shopping malls_____4. It consist of a group of stores handling the
same products and operated under single ownership and centralized
management.a. company storeb. chain storec. department stored.
independent store______5. It is a store controlled by its own
proprietor a. company store b. independent store c. manufactures
outlet store d. chain store______6. It is a store owned and
operated by a manufacturing, mining or lumbering company catering
to the clients to the clients or employees of the company and is
generally located near their place of work. a. company store b.
independent store c. manufacturers store d. chain store______7. It
refers to the part of that covers the merchandise. a. cost b.
profit c. Mark-up d. price______8. It refers to the amount added
the item cost. a. cost b. profit c. mark up d. price
______9. It is the listing of all expenses incurred by the
business other than the cost of goods sold. A. expenses b.
inventory record c. sales d. purchase record
______10. This will tell you which merchandise are sealable and
which are not. a. purchase b. sales record c. inventory record d.
mark-up
II. TRUE OR FALSE. Write true if the statement is correct and
False if not. ________1. Money is important in putting up a retail
store. ________2. The store should be in a strategic and accessible
location. ________3. Goods or merchandise should not be easily
seen.________4. Keep the store in dim light.________5. The lighting
system of a store is an effective aid in making the store
attractive and comfortable for both the store owner and its
customer.________6. Strict cleanliness must be observed not only of
the merchandise but also of the store and its fixtures must be well
maintained.________7. The capital can come from personal funds and
property loan or through financing from banks and other
institutions.________8.sales person should be well-trained, honest,
trustworthy and cheerful.________9. Arrange merchandise according
to type.________10. The counters should not be too high or too
low.________11.All merchandise should have a price
tag.________12.Walls and ceiling should be kept well painted and
attractive.________13.Daily sales should not be recorded in record
book.________14. Book keeping or record keeping is very important
in every business transaction.________15.As a store owner, you make
an inventory of the goods that are on hand.
III. Fill in the blanks with the correct anwer.___________1. It
is the most common type of retail store in the Philippines. It
carries a wide variety of items.___________2. It is a store that
carries a single line or closely related lines of merchandise. Some
of the specialty stores are commonly found in the Philippines are
shoes stores.___________3.It is a retail store organized on a
department basis and carries a wide variety of goods as one of its
major line.___________4. The selling or vendor carries his wares
and call on people to buy. They usually go from house to house,
shouting the names of their products or the services they
offer.___________5. Different foods are placed in carts and are
brought from street to street.___________6. Grocery stores
department stores, supermarkets, drugstores and restaurants are the
common examples of what type of retail store?___________7. It
involves the sale of goods from single point.___________8. Refers
to a process where the retailer sells the goods directly to the end
user for his own consumption in small quantities.___________9.
These are stores that sells street foods.___________10. It is an
owner or manager of a business who makes money through initiatives,
creativity and innovations.
IV. Answer the following questions correctly.1. What is
retail?____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
2. What are the types of retail? 1.
______________________________
5.___________________________________ 2.
_____________________________ 6___________________________________.
3. _____________________________
7.___________________________________
4.______________________________
3.Why does the location of retail store
important?____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
