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Quiz related to wholesale and retail trade

Total questions: 15

Worksheet time: 3mins

Name
Class
Date
1.

In which trade goods are purchased in bulk quantity.

a)

Retail trade

b)

Wholesale trade

c)

Foreign trade

2.

The wholesale trade sell the goods to the final comsumer.

a)

True

b)

False

3.

Which one is the characteristic of wholesale trade?

a)

Large capital

b)

Price stabilizing

c)

All of the above

d)

None of the above

4.

Is the wholesale and retail trades are the types of foreign trade?

a)

Yes

b)

No

5.

Which two trades are intermediate between the producers and final comsumers?

a)

Import and export trade

b)

Wholesale and retail trade

6.

Is restaurant food suppliers the examples of wholesale trade?

a)

Yes

b)

No

7.

Amazone is a _________.

a)

Retail

b)

Wholesale

8.

Is shopping malls a retailers examples?

a)

Yes

b)

No

c)

I don't know

9.

_______ buy mostly from producers and sells mostly to retailers and industrial consumers.

a)

Independent

b)

Megaretailers

c)

Factory outlets

d)

Wholesalers

10.

According to many retailers, what is the most important factor in retailing success?

a)

Helpful employees

b)

Service

c)

Fair prices

d)

Good atmosphere

e)

Location

11.

Mail- order, telivision, phone, and online shopping are all examples of _______.

a)

Off- price retailing

b)

Nonestore retailing

c)

Full service retailing

d)

Wholesaling

12.

The merging of comsumers products, prices and relailers in called______.

a)

Retail clustering

b)

Price merging

c)

Consumers convergence

13.

The retail price of the goods is______ than its wholesale price

a)

Higher

b)

Lower

c)

Medium

14.

Which type of retail store is most similar to hypermarket?

a)

Off price retailers

b)

Superstores

c)

Super markets

d)

None of the above

15.

Retail trade buys goods in ________

a)

Larger quantity

b)

Smaller quantity