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 public
b. to give customers maximum satisfactory services
c. 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. wholesaling
b. retailing c. entrepreneurship d. business
______3. It carries a wide variety of items from basic commodities such rice and canned
goods to cosmetics.
a. general store
b. grocery
c. specialty store
d. shopping malls
_____4. It consist of a group of stores handling the same products and operated under
single ownership and centralized management.
a. company store
b. chain store
c. department store
d. 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?

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2. What are the types of retail?
1. ______________________________ 5.___________________________________
2. _____________________________ 6___________________________________.
3. _____________________________ 7.___________________________________
4.______________________________
3.Why does the location of retail store important?
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