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Types of Retailers: Benefits, NAICS Classification & Examples

Instructions:

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

question 1 of 3

Breadth of merchandise refers to _____.

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1. Depth of merchandise refers to _____.

2. To help businesses collect and analyze data, the Census Bureau organizes retail into 12 groups. This document is called the _____.

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About This Quiz & Worksheet

This multiple-choice quiz will test what you know about different types of retailers. Questions will focus on key areas like the meanings of the phrases 'breadth of merchandise' and 'depth of merchandise' as they relate to retailers.

Quiz & Worksheet Goals

Quiz questions will cover these important topics:

  • Document from the Census Bureau that organizes retail into 12 groups
  • Classification of most stores today where customers shop the racks with little interaction with employees
  • Proper balance of retailers in order to stay profitable

Skills Practiced

  • Knowledge application - use your knowledge to answer questions about a balance for retailers to ensure their profitability and the type of store today where customers shop with littler interaction with employess and then bring their products to pay at a register counter
  • Defining key concepts - make sure you can accurately define breadth of merchandise and depth of merchandise
  • Information recall - access the knowledge you've gained regarding a Census Bureau document that organizes retail into 12 separate groups

Additional Learning

Learn more about retailers with the lesson called Types of Retailers: Benefits, NAICS Classification & Examples. These key topics will be considered:

  • Retailer classifications based on common characteristics
  • Services offered by retailers
  • Payroll cost and inventory cost
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