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WorksheetsMid UI Assessment (Internal Trade)
Total questions: 20
Worksheet time: 10mins
When buying and selling of goods and services is done with the objective of earning profit, it is called as (a) .
Trade taking place within the boundaries of a nation is referred to as (a) trade.
The traders who purchase in large quantities and sell in small lots to retailers are called (a) .
The (a) act as an important link between producers and final consumers in the distribution of products and services.
Internal trade is classified into two categories __________ and ________ trade.
(a)
Depatmental stores are generally located at a (a) .
All the branches of chain stores are controlled by the (a) .
Wholesale trade refers to
a) Exporting goods and services
b) Importing goods and services
c) Buying and selling of goods and services in large quantities
d) Buying and selling of goods and services in small lots
The type of retail business acts as a supplier of a wide variety of products under one roof:
a) Departmental store
b) Chain-store
c) Mail-order house
d) Multiple-shop
Which of the following is not a feature of departmental store
a)24x 7 shopping
b)Wide range of products
c) Large in size
d) Located at a central place
Select all the Services of Retailers to Consumers (Select 3)
Storage
New products information
Convenience in buying
Wide selection
Which of these is a limitation of Departmental Store.
Convenience in buying
Huge investment
Attractive services
Promotion of sales
Select all the Limitations of Chain Store.
Lack of initiative and motivation
Risk due to change in taste
Inconvenient Location
Limited choice
This retail business acts as a universal supplier of a wide variety of products.
Multiple shop
Wholesalers
Departmental Stores
Retailers
The wholesalers serves as a link between the
Manufacturer and retailers
Retailers and consumers
Manufacturers and consumers
None of the above
Which of the following risks borne by the retailers?
Storage risk
Pilferage risk
Risk of obsolescence
All of the above
Which of the following activities are undertaken by the wholesalers
Grading of the product
storage
promotion of ggoods
all of the above
Which of the following function is not performed by the retailers
Risk bearing
Selling goods in large quantities
Grading of products
None of the above
Which of the following is not a type of Large scale Retailers?
Departmental stores
Chain stores
Grocery Stores
Mall
Choose the service which is not provided by Wholesalers to Manufacturers
Facilitating large
Bearing Risk
After sale service to consumers
Help in continuity
