Commerce
Authored by krethik lalithakumar
Business
8th Grade
Used 1+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What are the functions of a large scale retailer ?
Invest a lot in Capital
Does not arrange transport
Does not buy in bulk
Buys raw materials
2.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
The function of the wholesaler is to buy from
(a)
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
what is visible trade ?
trade in retail
Trade in raw materials
Trade in Goods
Trade in Services
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Select the correct advantage of sole trader
He can freely take holidays.
job management can be divided
unlimited liability
Able to make quick decisions.
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
what is exports ?
They are trade in services
when your own country sells something to another country.
trade in goods
when your own country buy goods from other countries.
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of these is the correct disadvantage of a sole trade?
Bearing losses
No need to give salary
Can make decisions alone.
There won't be any conflicts.
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of these is the correct advantage of a partnership?
Disagreements
More ideas
Unlimited liability
Share profits
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