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WorksheetsInternal Trade
Total questions: 10
Worksheet time: 6mins
Internal Trade
buying and selling of goods and services within the geographical limits of a country.
The payment are made and received in the home country only.
There are no or very few formalities to be completed by the traders.
All the the above.
The person who carries on wholesale trade is known as___________.
Retailer
Promoter
Wholesaler
Trader
If vegetable Oil produced in a factory in any part of the country are to reach millions of consumers throughout the country, the help of _________and________ are required.
Employee
Manufacturer
Retailer
Wholesaler
Which of the following are not Services provided by Wholesalers (to Retailers and Manufactures).
Large scale production
Home delivery
Risk sharing
Storage
Availability of goods
Personal selling is where businesses use people to sell the product after meeting face-to-face with the customer.
True
False
Who are wholesalers?
Buys goods directly from the retailers and sells them to the consumers
buys goods directly from the producers and sells them to the retailers.
Other names of Internal Trade
International trade
Domestic Trade
Home Trade
External Trade
How does Wholesalers provide Expert advice to retailers?
Wholesalers do not provide credit facilities to retailers.
True
False
What Services are provided by Wholesalers to Retailers.
Grant of credit
Risk Sharing
Marketing Support
Wide selection
