WorksheetsInternal Trade Quiz
Total questions: 15
Worksheet time: 8mins
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
What is the main advantage of a departmental store?
High prices
Small scale operations
Limited product variety
Wide variety of products under one roof
Which of the following is a type of wholesale trade?
Selling to final consumers
Selling in bulk for resale
Selling through vending machines
Selling through door-to-door sales
What is one of the risks that wholesalers bear?
Risk of customer dissatisfaction
Risk of low sales
Risk of high production costs
Risk of theft
Which of the following is a characteristic of fixed shop retailers?
They operate without any inventory
They deal only in low-value items
They have a permanent establishment
They frequently change locations
What is the primary benefit of retailers providing after-sales services?
Reduces marketing costs
Enhances customer satisfaction and loyalty
Eliminates the need for wholesalers
Increases production efficiency
