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Global Retail Channels & Distribution

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question 1 of 3

Which of the following is NOT a retail store?

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1. A well-established apparel store currently monopolizes the business and owns 70% of the market share. The store would however find it challenging to capture the same percentage as it opens its store in a global location. What is the business challenge this store faces?

2. A sneakers store is opening a new retail outlet in Europe. What will be one of the ways in which sales density can be increased?

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About This Quiz & Worksheet

Take just a few minutes to answer the questions on this quiz and worksheet and see how well you know global retail distribution and channels. Examples of retail stores and a method by which a store can increase sales density when opening a new location are quiz topics.

Quiz & Worksheet Goals

Our handy quiz will determine whether you know:

  • What examples of retail stores look like
  • The business challenge an apparel store faces when it owns 70% of the market share but wouldn't be able to capture the same share globally
  • How a store can increase sales density when opening a new retail outlet in Europe
  • A factor that occurs in the case of a change to a country's import/export laws
  • How a company can reduce distribution costs for a retail outlet in Europe

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the related lesson on global retail channels and distribution
  • Knowledge application - use your knowledge to answer questions about the challenges faced by a company that owns 70% of the market share
  • Interpreting information - verify that you can read information regarding changes to import/export laws and interpret it correctly

Additional Learning

If you struggled with these quiz questions, you might find our lesson titled Global Retail Channels & Distribution helpful. After you finish this lesson, you should be ready to accomplish the following goals:

  • Identify the business considerations that need to be tailored to the local environment when expanding to global markets
  • Explain the design considerations companies must consider before expansion
  • Detail the differences in accommodations for retail space in the U.S. and overseas
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