Retail Trade: Definition, Characteristics & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

By definition, retail trade includes all of the following characteristics EXCEPT which?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. How does an itinerant business differ from a fixed shop?

2. The ability to buy goods via Internet links or telephone order is known as what?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

This brief quiz and worksheet will assess your knowledge of retail trade. The worksheet can be printed with or without an answer key.

Quiz & Worksheet Goals

You will be quizzed on the following:

  • Characteristics of retail trade
  • Difference between an itinerant business and a fixed shop
  • Buying goods via Internet links or the telephone
  • Retail trade establishment focused on providing goods or services and not profits
  • Type of retail trade establishment that is typically in a warehouse or another large space

Skills Practiced

  • Knowledge application - use your knowledge to answer questions about retail trade
  • Interpreting information - verify that you can read information about the difference between an itinerant business and a fixed shop and interpret it correctly
  • Information recall - access the knowledge you've gained about buying goods via Internet links

Additional Learning

Discover more about this topic with the related lesson titled Retail Trade: Definition, Characteristics & Examples. This lesson can give you insight into the following:

  • Various examples of retail trade
  • Statistics concerning worldwide retail trade
  • The most popular types of retail trade
Support