Internal trade

Buying of goods for export is known as

• Entreport trade

• Internal trade

• External trade

• Retail trade

Statement 1 : Wholesale trade is trade of goods in bulk mostly from seller to seller..

Statement 2 : Retail trade is another word for Wholesale trade .

• Both 1 and 2 are true

• 1 is true and 2 is false

• 1 is false and 2 is true

• Both are false

Which of the following is not a service offered by wholesalers to manufacturers ( in the case that manufacturers are not the wholesalers themselves) ?

• Bearing risk

• Facilitating large scale production

• Financial assistance

• Granting of credit

Which of the following is not a service offered by manufacturers to retailers

• Market support

• Grant of credit

• Risk sharing

• Storage facilities

Which of the following are examples of fixed stores

• Departmental stores

• Chain stores or multiple shops

• Both a and b

• Neither a nor b

____________ can check the price fluctuations in the market by holding back the goods when prices fall and releasing the goods when prices raise.

• Wholesaler

• Agent

• Retailer

• Mercantile agent

E-Commerce websites are ?

• Wholesalers

• Retailers

• Producers

• All the above

Sam's company supplies the product Paperlyt on a weekly basis to Ram's company. But recently Ram's customers complain about less supply and more demand for Paperlyt as the price of raw materials soared. Identify each of them

• Sam- retailer

  Ram- manufacturer

  Ram's customers- Wholesalers

• Sam- wholesalers

  Ram- manufacturer

  Ram's customers- retailer

• Sam- manufacturers

  Ram- retailers

  Ram's customers- wholesalers

• Sam-manufacturers

  Ram- wholesalers

  Ram's customers- retailer

Soon, an E-Commerce website provides 24 hr customer service to its customers.

Which of the following cannot be an outcome?

• Large scale labour movement due to long working hours

• Higher customer satisfaction

• Higher profits

• More customers complaining about the lack of after sale services

Poll question:

Why do some retailers provide cashback when payment is made through cash wallet apps? ( All options are welcome)

• They get the money directly from the customers than from the bank-credit card

• Being Generous to customers

• To encourage the customer to reach a certain threshold to get the cashback leading to excess purchases

• To promote the new cash wallet apps