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Wholesaling

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Distribution refers to the storing and __________ products to customers.

a)

sorting

b)

moving

c)

packaging

2.

The route used to physically get the product from the producer to the actual consumer is referred to as:

a)

Wholesaling

b)

Channels of distribution

3.

Which is considered the traditional channel of distribution

a)

Producer Retailer Consumer

b)

Producer Wholesaler Consumer

c)

Producer Wholesaler Retailer Consumer

d)

Producer Consumer

4.

A wholesaler is a business that buys in extremely large quantities from manufacturers and sells in smaller to retailers but never to consumers.

a)

True

b)

False

5.

Which type of wholesaler does not offer credit?

a)

Specialist wholesaler

b)

Cash and carry wholesaler

c)

General wholesaler

6.

The wholesaler is sometimes called an intermediary

a)

True

b)

False

7.

One function of the wholesaler is that he/she breaks bulk.

a)

True

b)

False

8.

This type of warehouse is owned by the government.

a)

Cash and carry warehouse

b)

Manufacturers warehouse

c)

Public warehouse

d)

Cold storages

9.

Business that buys goods in large quantities, typically from manufacturers, and resells them in smaller batches to retailers. Also referred to as a wholesaling business.

a)

Wholesaler

b)

Manufacturer

c)

Retailer

d)

Franchise

10.

He purchases directly from producer

a)

Retailer

b)

Wholesaler

11.

He sells in bulk to buyer.

a)

Retailer

b)

Wholesaler

12.

He makes cash payment and often pays in advance to the producer.

a)

Wholesaler

b)

Retailer

13.

A producer decides to use agents to get his products in the market. The producer is using…

a)

Direct distribution

b)

Channel A Distribution

c)

Intermediaries

d)

No distribution

14.

A direct channel of distribution brings the product directly from the producer to the consumer. ex. farmers market.

a)

True

b)

False

15.

Top-Notch Wheels buys thousands of different brands of mountain bikes from The Great Colorado Mountain Bike Company and sells them to local bike shops. Top-Notch Wheels is an example of a(n)

a)

agent

b)

retailer

c)

producer

d)

wholesaler

16.

Who operates from a large warehouse for convenient access from many local towns.

a)

General Wholesalers

b)

General Retailers

c)

Cash and Carry Wholesalers

d)

Cash ad Carry Retailers

17.

When a wholesaler predicts market trends and buys ahead of demand they are _____________________________.

a)

Acting as an intermediary

b)

Warehousing

c)

Taking on risks

18.

When the wholesaler supply's goods and allow the retailer to pay at some later date this is called _____________________.

a)

Acting as an intermediary

b)

Breaking Bulk

c)

Warehousing

d)

Offering Credit

19.

What 2 services does wholesalers offer to producers.

a)

Reduces transport cost.

b)

Offers choice products from many producers.

c)

Finishes goods by grading and packing.

d)

Advises on latest trends and best buys

20.

What 2 services does wholesalers offer to retailers.

a)

Reduces transport cost.

b)

Offers choice products from many producers.

c)

Finishes goods by grading and packing.

d)

Advises on latest trends and best buys