Internal Trade Quiz

What is internal trade?

• Trade involving retailers only

• Trade between countries

• Trade within a country

• Trade involving wholesalers only

Which of the following is a service provided by wholesalers to manufacturers?

• Providing after-sales service

• Advertising products

• Facilitating large scale production

• Direct selling to consumers

What type of trade involves the purchase and sale of goods in small quantities?

• Import trade

• Wholesale trade

• Retail trade

• Export trade

Which of the following is NOT a type of retailer?

• Fixed shop retailer

• Departmental store

• Itinerant retailer

• Wholesaler

What is the primary role of retailers?

• To provide storage facilities

• To import goods

• To sell goods directly to consumers

• To produce goods

Which of the following is a characteristic of itinerant retailers?

• They are large-scale operations

• They have a fixed place of business

• They sell only luxury items

• They operate with limited resources

What is a key function of wholesalers?

• Selling directly to consumers

• Facilitating distribution to retailers

• Collecting market information

• Providing credit to consumers

Which of the following is an example of a fixed shop retailer?

• Street vendor

• Departmental store

• Hawker

• Peddler

What does the term 'Cash on Delivery' (COD) refer to?

• Payment made after delivery

• Payment made at the time of delivery

• Payment made before delivery

• Payment made through credit

Which of the following is a service provided by retailers to consumers?

• Facilitating large scale production

• Bearing business risks

• Providing credit facilities

• Collecting market information